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This institution is no longer active

Operations ceased on August 19, 1996. CRA examination history below reflects the period it was active.

COMMONWEALTH THRIFT AND LOAN

TORRANCE, CA · Supervised by FDIC

Est. 1981FDIC #27,072RSSD: FDIC-27072
Satisfactory

Current rating · Exam: February 1996

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Institution Profile

FDIC BankFind

Address

3770 Sepulveda Boulevard, TORRANCE, CA

County

Los Angeles County

Established

March 1, 1981

Total Assets

$12M(latest call report)

Financial Snapshot

As of Q2 1996Call Report / FDIC

Total Assets

$12M

Total Deposits

$11M

Net Loans

$9M

Net Income

$-1,033K

ROA

-17.22%

ROE

-283.01%

Risk-Based Capital

0.88%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

February 1, 1996

Exam Type

Not Reported

Regulator

FDIC

Rating History

CRA / FFIEC

3 previous ratings locked — dating back to 1991

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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COMMONWEALTH THRIFT AND LOAN CRA Rating — BankScorer