The Graveyard › Banks › 1989
Yorkridge-Calvert Federal Savings
Baltimore, MD · failed December 14, 1989 · FDIC certificate 30675
Yorkridge-Calvert Federal Savings of Baltimore, MD failed on December 14, 1989. It opened in 1924, 65 years before. At its last report before that it held $585.8 million in assets and $372.2 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1988, it held $627.0 million. The FDIC estimates that the Resolution Trust Corporation lost $40.1 million on it.
1984-031989-09
Assets at the end$585.8 millionlast report before December 14, 1989
Deposits at the end$372.2 million
Estimated loss to the fund$40.1 millionRTC
Largest in the quarterly reports$627.0 millionMarch 31, 1988
Equity to assets3.5%September 30, 1989
Loans not being repaid3.6%noncurrent, September 30, 1989
Return on assets0.11%a year's rate, September 30, 1989
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
- Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
- University Federal Savings · Houston, TX · $4.5 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.