American Savings and Loan Association
New York, NY
$64.4M
total assets, March 31, 1995
$64.4M
total assets, March 31, 1995
American Savings and Loan Association was a savings and loan in New York, NY. It failed on May 5, 1995, and Interbank Of New York took over its deposits. At its last report it held $64.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1995
This bank failed
- Failed on
- May 5, 1995
- Assets
- $64.4M
- Deposits
- $57.7M
- Estimated cost
- $6.0M
- Deposits went to
- Interbank Of New York, None, NY
Total assets
$64.4M
-8.7% in a year · -0.5% in a quarter
Deposits
$57.7M
-12.0% in a year · +4.7% in a quarter
Loans
$58.4M
-5.9% in a year · -1.8% in a quarter
Profit so far
-$191K
Jan 1 to Mar 31, 1995 · -296.9% in a year
Capital ratio
3.75%
-0.87 pts in a year
Return on assets
-1.18%
-1.72 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 420 Park Avenue South, New York, NY, 10016
- County
- New York
- Established
- Jan 1, 1888
- Failed
- May 5, 1995
- Employees
- 26
- Branches
- 3
- Id
- b29781
Quarter by quarter
March 31, 1984 to March 31, 1995
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 Savings and Loan Association?
$64.4 million in total assets and $57.7 million in deposits as of March 31, 1995, with assets down 8.7% from a year before. Its loans were $58.4 million.
How many branches does American Savings and Loan Association have?
3 branches in New York as of June 30, 2026.
Is American Savings and Loan Association profitable?
No: it lost $191,000 from January 1 to March 31, 1995. Its return on assets was -1.18% a year; about 1% is typical.
When did American Savings and Loan Association fail?
May 5, 1995. Interbank Of New York of None, NY took over its deposits. The estimated cost of the failure was $5.97 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.