Alexander Hamilton Savings and Loan Association of Paterson
Paterson, NJ
$211M
total assets, December 31, 1990
$211M
total assets, December 31, 1990
Alexander Hamilton Savings and Loan Association of Paterson was a savings and loan in Paterson, NJ. It failed on Mar 8, 1991, and First Fidelity Bank, Na took over its deposits. At its last report it held $210.7 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Mar 8, 1991
- Assets
- $211M
- Deposits
- $213M
- Estimated cost
- $4.0M
- Deposits went to
- First Fidelity Bank, Na, Totowa, NJ
Total assets
$211M
-11.9% in a year · -3.9% in a quarter
Deposits
$213M
-8.9% in a year · -1.5% in a quarter
Loans
$141M
-16.8% in a year · -6.6% in a quarter
Profit so far
-$6.5M
Jan 1 to Dec 31, 1990
Capital ratio
-1.52%
-1.52 pts in a year
Return on assets
-2.85%
-2.44 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 1 Coly Street, Paterson, NJ, 07505
- County
- Passaic
- Established
- Jan 1, 1940
- Failed
- Mar 8, 1991
- Employees
- 69
- Id
- b30139
Quarter by quarter
March 31, 1984 to December 31, 1990
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 Alexander Hamilton Savings and Loan Association of Paterson?
$210.7 million in total assets and $212.9 million in deposits as of December 31, 1990, with assets down 11.9% from a year before. Its loans were $141.4 million.
Is Alexander Hamilton Savings and Loan Association of Paterson profitable?
No: it lost $6.47 million from January 1 to December 31, 1990. Its return on assets was -2.85% a year; about 1% is typical.
When did Alexander Hamilton Savings and Loan Association of Paterson fail?
Mar 8, 1991. First Fidelity Bank, Na of Totowa, NJ took over its deposits. The estimated cost of the failure was $4.01 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.