Whittier Thrift and Loan
Whittier, CA
$15.2M
total assets, March 31, 1987
$15.2M
total assets, March 31, 1987
Whittier Thrift and Loan was a state nonmember bank in Whittier, CA. It failed on Jun 12, 1987, and Liberty THRIFT&LOAN took over its deposits. At its last report it held $15.2 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1987
This bank failed
- Failed on
- Jun 12, 1987
- Assets
- $15.2M
- Deposits
- $14.4M
- Estimated cost
- $3.3M
- Deposits went to
- Liberty THRIFT&LOAN, Whittier, CA
Total assets
$15.2M
-40.8% in a year · -11.9% in a quarter
Deposits
$14.4M
-32.0% in a year · -9.4% in a quarter
Loans
$13.0M
-32.6% in a year · -7.6% in a quarter
Profit so far
-$78K
Jan 1 to Mar 31, 1987 · -316.7% in a year
Capital ratio
4.03%
-1.86 pts in a year
Return on assets
-1.92%
-2.51 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 14454 Whittier Boulevard, Whittier, CA, 90605
- County
- Los Angeles
- Established
- Apr 28, 1981
- Failed
- Jun 12, 1987
- Employees
- 23
- Id
- b26362
Quarter by quarter
September 30, 1985 to March 31, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 7
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Whittier Thrift and Loan?
$15.2 million in total assets and $14.4 million in deposits as of March 31, 1987, with assets down 40.8% from a year before. Its loans were $13.0 million.
Is Whittier Thrift and Loan profitable?
No: it lost $78,000 from January 1 to March 31, 1987. Its return on assets was -1.92% a year; about 1% is typical.
When did Whittier Thrift and Loan fail?
Jun 12, 1987. Liberty THRIFT&LOAN of Whittier, CA took over its deposits. The estimated cost of the failure was $3.26 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.