Westside Bank for Savings, FSB
Los Angeles, CA
$81.7M
total assets, June 30, 1993
$81.7M
total assets, June 30, 1993
Westside Bank for Savings, FSB was a savings bank in Los Angeles, CA. It failed on Sep 24, 1993, and Payout took over its deposits. At its last report it held $81.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1993
This bank failed
- Failed on
- Sep 24, 1993
- Assets
- $81.7M
- Deposits
- $76.9M
- Estimated cost
- $21.6M
- Deposits went to
- Payout, None, NA
Total assets
$81.7M
-15.2% in a year · +0.7% in a quarter
Deposits
$76.9M
-8.5% in a year · +1.8% in a quarter
Loans
$53.9M
-12.9% in a year · -2.6% in a quarter
Profit so far
-$954K
Jan 1 to Jun 30, 1993
Capital ratio
3.28%
-1.73 pts in a year
Return on assets
-2.33%
-0.56 pts in a year
Facts
- Type
- Savings bank
- Head office
- 11925 Wilshire Boulevard, Los Angeles, CA, 90025
- County
- Los Angeles
- Established
- Jun 26, 1984
- Failed
- Sep 24, 1993
- Employees
- 26
- Id
- b32229
Quarter by quarter
June 30, 1984 to June 30, 1993
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 Westside Bank for Savings, FSB?
$81.7 million in total assets and $76.9 million in deposits as of June 30, 1993, with assets down 15.2% from a year before. Its loans were $53.9 million.
Is Westside Bank for Savings, FSB profitable?
No: it lost $954,000 from January 1 to June 30, 1993. Its return on assets was -2.33% a year; about 1% is typical.
When did Westside Bank for Savings, FSB fail?
Sep 24, 1993. Payout of None, NA took over its deposits. The estimated cost of the failure was $21.6 million.
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.