The Graveyard › Banks › 1986

United Bank, SSB

San Francisco · assisted March 28, 1986 · FDIC certificate 31702

United Bank, SSB of San Francisco was given assistance by the FSLIC on March 28, 1986. The FDIC's list records an assistance transaction, not a closing. It opened on April 19, 1974, 11 years before. At its last report before that it held $590.2 million in assets and $489.7 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1985, it held $706.4 million. The FDIC estimates that the FSLIC's fund lost $52.0 million on it.

1984-031985-12

Assets at the end$590.2 millionlast report before March 28, 1986

Deposits at the end$489.7 million

Estimated loss to the fund$52.0 millionFSLIC

Largest in the quarterly reports$706.4 millionMarch 31, 1985

Equity to assets-0.9%December 31, 1985

Loans not being repaid6.0%noncurrent, December 31, 1985

Return on assets-1.17%a year's rate, December 31, 1985

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Also ended in 1986

Western S&LA · Dallas, TX · $2.0 billion in assets
The First National Bank & Trust Co. of Oklahoma · Oklahoma City, OK · $1.8 billion in assets
Firstsouth Fs&La · Pine Bluff, AR · $1.7 billion in assets
National Permanent Bank FSB · Washington · $1.0 billion in assets · assisted
Mainland S&LA · Houston, TX · $1.0 billion in assets
American Diversified Savings Bank · Costa Mesa · $978.6 million in assets

History, not advice.

Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.