Amerifederal Savings Bank
Lawrenceville, NJ
$111M
total assets, December 31, 1990
$111M
total assets, December 31, 1990
Amerifederal Savings Bank was a savings bank in Lawrenceville, NJ. It failed on Mar 1, 1991, and Branch Sale took over its deposits. At its last report it held $110.6 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Mar 1, 1991
- Assets
- $111M
- Deposits
- $99.5M
- Estimated cost
- $17.6M
- Deposits went to
- Branch Sale, None, NA
Total assets
$111M
-26.7% in a year · -10.1% in a quarter
Deposits
$99.5M
-13.9% in a year · -3.5% in a quarter
Loans
$64.0M
-42.0% in a year · -18.5% in a quarter
Profit so far
-$5.3M
Jan 1 to Dec 31, 1990
Capital ratio
-1.89%
-1.88 pts in a year
Return on assets
-4.02%
-2.59 pts in a year
Facts
- Type
- Savings bank
- Head office
- Quakerbridge Exec Center, Grovers Mil, Lawrenceville, NJ, 08648
- County
- Mercer
- Established
- Aug 27, 1984
- Failed
- Mar 1, 1991
- Employees
- 76
- Id
- b32235
Quarter by quarter
December 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 Amerifederal Savings Bank?
$110.6 million in total assets and $99.5 million in deposits as of December 31, 1990, with assets down 26.7% from a year before. Its loans were $64.0 million.
Is Amerifederal Savings Bank profitable?
No: it lost $5.32 million from January 1 to December 31, 1990. Its return on assets was -4.02% a year; about 1% is typical.
When did Amerifederal Savings Bank fail?
Mar 1, 1991. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $17.6 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.