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Data / Bank failures / 1986 / Orange Coast Thrift & Loan Association

Orange Coast Thrift & Loan Association, Los Alamitos, CA: failed June 27, 1986

Orange Coast Thrift & Loan Association in Los Alamitos, California, failed on June 27, 1986. Capitol THRIFT&LOAN Assn of Napa, CA, took over its deposits. It held $14 million in assets and $12.3 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $5.4 million (38.3% of its assets). By assets it was the 158th largest of 204 banks closed or assisted in 1986.

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The FDIC's record

Closed
June 27, 1986
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
Capitol THRIFT&LOAN Assn, Napa, CA
Total assets
$13,966,000
Total deposits
$12,330,000
Estimated cost to the FDIC
$5,351,632 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC
FDIC certificate
26439

The FDIC record

Other bank failures in California, 1984 to 1988

BankCityClosedAssetsDepositsEstimated costAcquirer
Adobe Savings Bank (assistance)ConcordSeptember 30, 1988$48.1 million$43.4 million$3.8 millionTracy SAVINGS&LOAN Assn
American S&LA (assistance)StocktonSeptember 7, 1988$30.16 billion$15.41 billion$5.37 billionAmerican Savings Bank FA
Homestate S&LA (assistance)HaywardAugust 26, 1988$182.1 million$222.3 million$45.7 millionOld Stone Bank of Ca A FSB
Westlake Thrift & Loan AssociationWestlake VillageJuly 29, 1988$55.2 million$51.2 million$7.7 millionIndependence Bank
First Security SB (assistance)Pleasant HillJuly 21, 1988$176.5 million$133.1 million$44.6 millionColumbus Savings, A FS&LA
Stanford S&LA (assistance)Palo AltoJune 24, 1988$73.5 million$79.8 million$17.1 millionEureka FS&LA
Colonial Thrift & Loan AssociationCulver CityApril 15, 1988$26.8 million$24 million$4.6 millionSouthern Pacific TH&L As
Balboa National BankNational CityJanuary 14, 1988$29.3 million$29.4 million$6.4 million

All bank failures in 1986 · All bank failures in California · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-24. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.