The Graveyard › Banks › 1985
West Valley Bank
Woodland Hills, CA · failed February 8, 1985 · FDIC certificate 22673
West Valley Bank of Woodland Hills, CA failed on February 8, 1985. It opened on June 28, 1978, 6 years before. At its last report before that it held $48.3 million in assets and $43.4 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $1.2 million on it.
1984-031984-09
Assets at the end$48.3 millionlast report before February 8, 1985
Deposits at the end$43.4 million
Estimated loss to the fund$1.2 millionFDIC
Largest in the quarterly reports$48.3 millionSeptember 30, 1984
Equity to assets7.1%September 30, 1984
Loans not being repaid3.2%noncurrent, September 30, 1984
Return on assets1.52%a year's rate, September 30, 1984
Staff46full time, September 30, 1984
Also ended in 1985
- Bowery Savings Bank · New York · $5.3 billion in assets · assisted
- Beverly Hills S&LA · Beverly Hills · $2.9 billion in assets · assisted
- Central S&LA · San Diego · $2.3 billion in assets · assisted
- Bell S&LA · San Mateo · $1.6 billion in assets · assisted
- Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
- Sunrise, S&LA · Lake Worth, FL · $1.5 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.