Bank failure · CA

Brentwood Thrift and Loan Association (Los Angeles, CA) — failed October 15, 1993

Brentwood Thrift and Loan Association of Los Angeles, California was closed on October 15, 1993 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $12.9M in assets and $11.5M in deposits. The FDIC's estimated loss on the failure is $3.3M (25.7% of assets).