# SOUTHSIDE S&L

> **Failed bank** · LIMA, OH · failed 1988-11-01 · SL · FDIC cost $12M

## What happened

SOUTHSIDE S&L of LIMA, OH was closed by state regulators on **1988-11-01**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **SOUTH SIDE SAVINGS BANK FSB** (LIMA, OH). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1972
- **FDIC Certificate:** 29971
- **FDIC FIN:** 1764
- **Bank name:** SOUTHSIDE S&L
- **Location:** LIMA, OH
- **Failure date:** 1988-11-01
- **FDIC resolution date:** 1988-11-01
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $12M
- **Deposits at failure:** $55M
- **Assets at failure:** $54M
- **Acquiring bank:** SOUTH SIDE SAVINGS BANK FSB (LIMA, OH)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SOUTHSIDE%20S%26L

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SOUTHSIDE S&L (FDIC ID 1972), failed 1988-11-01. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/1972.

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