$34.0M
total assets, March 31, 1986
Banco de Ahorro, F.S.B. was a savings bank in Mayaguez, PR. It failed on May 30, 1986, and Banco Popular De Puerto took over its deposits. At its last report it held $34.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1986
This bank failed
- Failed on
- May 30, 1986
- Assets
- $34.0M
- Deposits
- $30.0M
- Estimated cost
- $7.0M
- Deposits went to
- Banco Popular De Puerto, San Juan, PR
Total assets
$34.0M
-26.9% in a year · -10.0% in a quarter
Deposits
$30.0M
-26.5% in a year · -10.5% in a quarter
Loans
$26.3M
-11.7% in a year · -2.3% in a quarter
Profit so far
-$175K
Jan 1 to Mar 31, 1986
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-1.95%
+3.79 pts in a year
Facts
- Type
- Savings bank
- Head office
- Mckinley And Los Mangos Streets, Mayaguez, PR, 00708
- County
- Mayaguez
- Established
- May 2, 1977
- Failed
- May 30, 1986
- Id
- b22456
Quarter by quarter
March 31, 1984 to March 31, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 9
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Questions and answers
How big is Banco de Ahorro, F.S.B.?
$34.0 million in total assets and $30.0 million in deposits as of March 31, 1986, with assets down 26.9% from a year before. Its loans were $26.3 million.
Is Banco de Ahorro, F.S.B. profitable?
No: it lost $175,000 from January 1 to March 31, 1986. Its return on assets was -1.95% a year; about 1% is typical.
When did Banco de Ahorro, F.S.B. fail?
May 30, 1986. Banco Popular De Puerto of San Juan, PR took over its deposits. The estimated cost of the failure was $6.98 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.