American Federal Savings and Loan Association
Anderson, IN
$146M
total assets, March 31, 1988
$146M
total assets, March 31, 1988
American Federal Savings and Loan Association was a savings and loan in Anderson, IN. It failed on Apr 29, 1988, and its insured deposits were paid out. At its last report it held $145.8 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1988
This bank failed
- Failed on
- Apr 29, 1988
- Assets
- $146M
- Deposits
- $195M
- Estimated cost
- $41.5M
- Deposits went to
- insured deposit transfer
Total assets
$146M
-25.4% in a year · -6.3% in a quarter
Deposits
$195M
-3.4% in a year · +1.3% in a quarter
Loans
$111M
-31.3% in a year · -5.3% in a quarter
Profit so far
-$7.6M
Jan 1 to Mar 31, 1988
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-20.26%
-13.95 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 1100 Broadway, Anderson, IN, 46015
- County
- Madison
- Established
- Jan 1, 1925
- Failed
- Apr 29, 1988
- Id
- b27844
Quarter by quarter
March 31, 1984 to March 31, 1988
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 American Federal Savings and Loan Association?
$145.8 million in total assets and $194.5 million in deposits as of March 31, 1988, with assets down 25.4% from a year before. Its loans were $110.5 million.
Is American Federal Savings and Loan Association profitable?
No: it lost $7.64 million from January 1 to March 31, 1988. Its return on assets was -20.26% a year; about 1% is typical.
When did American Federal Savings and Loan Association fail?
Apr 29, 1988. The estimated cost of the failure was $41.5 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.