Charter Bank, A Federal Savings Bank
Hattiesburg, MS
$131M
total assets, June 30, 1990
$131M
total assets, June 30, 1990
Charter Bank, A Federal Savings Bank was a savings bank in Hattiesburg, MS. It failed on Jul 20, 1990, and Branch Sale took over its deposits. At its last report it held $130.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1990
This bank failed
- Failed on
- Jul 20, 1990
- Assets
- $131M
- Deposits
- $68.9M
- Estimated cost
- $22.6M
- Deposits went to
- Branch Sale, None, NA
Total assets
$131M
-6.9% in a year · -3.0% in a quarter
Deposits
$68.9M
-18.5% in a year · -12.5% in a quarter
Loans
$49.6M
-24.1% in a year · -7.3% in a quarter
Profit so far
-$525K
Jan 1 to Jun 30, 1990
Capital ratio
-3.97%
-3.97 pts in a year
Return on assets
-0.78%
-0.38 pts in a year
Facts
- Type
- Savings bank
- Head office
- 700 Hardy Street, Hattiesburg, MS, 39401
- County
- Forrest
- Established
- Apr 16, 1984
- Failed
- Jul 20, 1990
- Employees
- 30
- Id
- b32208
Quarter by quarter
June 30, 1984 to June 30, 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 Charter Bank, A Federal Savings Bank?
$130.8 million in total assets and $68.9 million in deposits as of June 30, 1990, with assets down 6.9% from a year before. Its loans were $49.6 million.
Is Charter Bank, A Federal Savings Bank profitable?
No: it lost $525,000 from January 1 to June 30, 1990. Its return on assets was -0.78% a year; about 1% is typical.
When did Charter Bank, A Federal Savings Bank fail?
Jul 20, 1990. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $22.6 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.