$3.2B
total assets, March 31, 1992
American Savings Bank was a state savings bank in White Plains, NY. It failed on Jun 12, 1992, and First Fidelity Bank Na N took over its deposits. At its last report it held $3.2 billion in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1992
This bank failed
- Failed on
- Jun 12, 1992
- Assets
- $3.2B
- Deposits
- $2.8B
- Estimated cost
- $431M
- Deposits went to
- First Fidelity Bank Na N, New York City, NY
Total assets
$3.2B
-12.7% in a year · -0.1% in a quarter
Deposits
$2.8B
-0.8% in a year · -0.8% in a quarter
Loans
$2.1B
-14.9% in a year · -3.3% in a quarter
Profit so far
-$35.2M
Jan 1 to Mar 31, 1992
Capital ratio
-2.96%
-3.51 pts in a year
Return on assets
-4.39%
-3.15 pts in a year
Facts
- Type
- State savings bank
- Head office
- 99 Church Street, White Plains, NY, 10601
- County
- Westchester
- Established
- Feb 1, 1923
- Failed
- Jun 12, 1992
- Employees
- 661
- Id
- b16017
Quarter by quarter
March 31, 1984 to March 31, 1992
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 Bank?
$3.2 billion in total assets and $2.8 billion in deposits as of March 31, 1992, with assets down 12.7% from a year before. Its loans were $2.1 billion.
Is American Savings Bank profitable?
No: it lost $35.2 million from January 1 to March 31, 1992. Its return on assets was -4.39% a year; about 1% is typical.
When did American Savings Bank fail?
Jun 12, 1992. First Fidelity Bank Na N of New York City, NY took over its deposits. The estimated cost of the failure was $431.3 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.