Beach Savings Bank
Huntington Beach, CA
$81.8M
total assets, December 31, 1990
$81.8M
total assets, December 31, 1990
Beach Savings Bank was a savings and loan in Huntington Beach, CA. It failed on Jan 18, 1991, and Queen City Bank, Na took over its deposits. At its last report it held $81.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Jan 18, 1991
- Assets
- $81.8M
- Deposits
- $80.7M
- Estimated cost
- $110K
- Deposits went to
- Queen City Bank, Na, Long Beach, CA
Total assets
$81.8M
-27.5% in a year · -3.7% in a quarter
Deposits
$80.7M
-22.5% in a year · -5.4% in a quarter
Loans
$52.7M
-20.6% in a year · -3.5% in a quarter
Profit so far
-$7.0M
Jan 1 to Dec 31, 1990 · -425.3% in a year
Capital ratio
-1.21%
-1.21 pts in a year
Return on assets
-7.24%
-9.35 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 10045 Adams Avenue, Huntington Beach, CA, 92646
- County
- Orange
- Established
- Jun 12, 1985
- Failed
- Jan 18, 1991
- Employees
- 13
- Id
- b32332
Quarter by quarter
June 30, 1985 to December 31, 1990
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Beach Savings Bank?
$81.8 million in total assets and $80.7 million in deposits as of December 31, 1990, with assets down 27.5% from a year before. Its loans were $52.7 million.
Is Beach Savings Bank profitable?
No: it lost $6.96 million from January 1 to December 31, 1990. Its return on assets was -7.24% a year; about 1% is typical.
When did Beach Savings Bank fail?
Jan 18, 1991. Queen City Bank, Na of Long Beach, CA took over its deposits. The estimated cost of the failure was $110,179.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.