Bank failure · CA
Tahoe S&la (South Lake Tahoe, CA) — failed April 3, 1987
Tahoe S&la of South Lake Tahoe, California was closed on April 3, 1987 and resolved through a a/a. First Network Savings Bank (CA) took over its insured deposits. At failure it held $81.2M in assets and $90.8M in deposits. The FDIC's estimated loss on the failure is $41.7M (51.3% of assets).
- Closing date
- April 3, 1987
- FDIC certificate #
- 31440
- Resolution
- A/A (assistance)
- Acquiring institution
- First Network Savings Bank
- Insurance fund
- FSLIC
Other failures in 1987
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- American Fs&la VA
- First Financial Bank, FSB LA
- Gibson Federal S&la IL
- First Fs&la of Alexandria LA
- First Financial of LA LA
- Firstbanc FSB LA
- The Falun State Bank KS
- Community Fs&la OH
- First State Bank at Shoshoni WY
- Bank of Mabank TX
- Usbank TX
- American Bank of Commerce LA
- Mt. Pleasant S&la TX
- Boone County Fs&la MO
- First Interstate Bank of Alaska AK
- Lewis and Clark State Bank OR
- Surety Fs&la NC
- The First National Bank in Rhome TX
- Louisiana Bank & Trust Company LA
- Bancfirst-Austin, N.A. TX
- American Bank in Louisiana LA
- Heritage National Bank TX
- The Farmers National Bank of Cordell OK