The Graveyard › Banks › 1985
Western Community S&L
El Cerrito, CA · failed March 8, 1985 · FDIC certificate 32171
Western Community S&L of El Cerrito, CA failed on March 8, 1985. It opened in 1982, 3 years before. At its last report before that it held $110.6 million in assets and $7.6 million in deposits. The FDIC's list records a negative loss of $11.4 million: the FSLIC's fund got back more than it paid out.
1984-031984-12
Assets at the end$110.6 millionlast report before March 8, 1985
Deposits at the end$7.6 million
Estimated loss to the funda gain of $11.4 millionFSLIC
Largest in the quarterly reports$112.7 millionSeptember 30, 1984
Equity to assets-5.4%December 31, 1984
Loans not being repaid1.2%noncurrent, December 31, 1984
Return on assets-7.65%a year's rate, December 31, 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.