Data / Bank failures / 1983 / Twin Pines FS&LA
Twin Pines FS&LA, Berkeley, CA: received FDIC assistance March 21, 1983
Twin Pines FS&LA in Berkeley, California, received open bank assistance from the FDIC on March 21, 1983. It held $45.9 million in assets and $41.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $2 million (4.4% of its assets). By assets it was the 49th largest of 99 banks closed or assisted in 1983.
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The FDIC's record
- Closed
- March 21, 1983
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Cal America S&LA, Berkeley, CA
- Total assets
- $45,879,804
- Total deposits
- $41,069,932
- Estimated cost to the FDIC
- $2,000,000 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 31338
Other bank failures in California, 1981 to 1985
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First City Bank | Glendale | December 20, 1985 | $35.8 million | $28.8 million | $5.9 million | Sterling Bank |
| California Heritage Bank | San Diego | November 22, 1985 | $24.1 million | $22.4 million | $3.2 million | Grossmont Bank |
| Farmers Savings Bank | Davis | October 18, 1985 | $590.3 million | $526.4 million | $137.8 million | |
| Golden Pacific S&LA (assistance) | Windsor | September 27, 1985 | $45.6 million | $46.2 million | $6.1 million | Empire of America-Californi |
| Presidio S&LA | Porterville | August 28, 1985 | $284.5 million | $244.9 million | $96.6 million | Gibralter Savings |
| Centennial S&LA | Guerneville | August 20, 1985 | $368.2 million | $367.8 million | $148.9 million | Citizens FS&LA |
| Butterfield S&LA (assistance) | Santa Ana | August 7, 1985 | $708.3 million | $768.3 million | $371.3 million | Downey S&LA |
| Bell S&LA (assistance) | San Mateo | July 25, 1985 | $1.64 billion | $1.31 billion | $829.7 million | Western FS&LA |
All bank failures in 1983 · All bank failures in California · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. 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.