Advanced Savings Bank, F.S.B.
Northridge, CA
$23.1M
total assets, December 31, 1991
$23.1M
total assets, December 31, 1991
Advanced Savings Bank, F.S.B. was a savings bank in Northridge, CA. It failed on Jan 24, 1992, and Payout took over its deposits. At its last report it held $23.1 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1991
This bank failed
- Failed on
- Jan 24, 1992
- Assets
- $23.1M
- Deposits
- $23.6M
- Estimated cost
- $19.3M
- Deposits went to
- Payout, None, NA
Total assets
$23.1M
-52.0% in a year · -20.9% in a quarter
Deposits
$23.6M
-45.7% in a year · -13.5% in a quarter
Loans
$10.1M
-47.0% in a year · -4.1% in a quarter
Profit so far
-$2.9M
Jan 1 to Dec 31, 1991
Capital ratio
-9.47%
-12.58 pts in a year
Return on assets
-7.93%
-7.67 pts in a year
Facts
- Type
- Savings bank
- Head office
- 10240 Reseda Blvd, Northridge, CA, 91324
- County
- Los Angeles
- Established
- Apr 30, 1984
- Failed
- Jan 24, 1992
- Employees
- 8
- Id
- b32210
Quarter by quarter
June 30, 1984 to December 31, 1991
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Advanced Savings Bank, F.S.B.?
$23.1 million in total assets and $23.6 million in deposits as of December 31, 1991, with assets down 52.0% from a year before. Its loans were $10.1 million.
Is Advanced Savings Bank, F.S.B. profitable?
No: it lost $2.90 million from January 1 to December 31, 1991. Its return on assets was -7.93% a year; about 1% is typical.
When did Advanced Savings Bank, F.S.B. fail?
Jan 24, 1992. Payout of None, NA took over its deposits. The estimated cost of the failure was $19.3 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.