The Graveyard › Banks › 1992
Valley Commercial Bank
Stockton, CA · failed April 24, 1992 · FDIC certificate 23865
Valley Commercial Bank of Stockton, CA failed on April 24, 1992. It opened on July 1, 1982, 9 years before. At its last report before that it held $30.8 million in assets and $29.4 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1990, it held $35.7 million. The FDIC estimates that the Bank Insurance Fund lost $4.8 million on it.
1984-031991-12
Assets at the end$30.8 millionlast report before April 24, 1992
Deposits at the end$29.4 million
Estimated loss to the fund$4.8 millionBIF
Largest in the quarterly reports$35.7 millionSeptember 30, 1990
Equity to assets3.6%December 31, 1991
Loans not being repaid6.9%noncurrent, December 31, 1991
Return on assets-0.99%a year's rate, December 31, 1991
Staff34full time, December 31, 1991
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 billion 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.