Citizens Federal Savings Bank
Jacksonville, FL
$65.7M
total assets, September 30, 1991
$65.7M
total assets, September 30, 1991
Citizens Federal Savings Bank was a savings bank in Jacksonville, FL. It failed on Oct 16, 1991, and Branch Sale took over its deposits. At its last report it held $65.7 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1991
This bank failed
- Failed on
- Oct 16, 1991
- Assets
- $65.7M
- Deposits
- $67.0M
- Estimated cost
- $8.9M
- Deposits went to
- Branch Sale, None, NA
Total assets
$65.7M
-13.5% in a year · -4.5% in a quarter
Deposits
$67.0M
-9.5% in a year · -4.5% in a quarter
Loans
$47.7M
-15.6% in a year · -6.8% in a quarter
Profit so far
-$289K
Jan 1 to Sep 30, 1991
Capital ratio
-5.42%
-1.19 pts in a year
Return on assets
-0.55%
+16.04 pts in a year
Facts
- Type
- Savings bank
- Head office
- 930 University Blvd, Jacksonville, FL, 32211
- County
- Duval
- Established
- Sep 2, 1988
- Failed
- Oct 16, 1991
- Employees
- 27
- Id
- b32615
Quarter by quarter
September 30, 1988 to September 30, 1991
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 Citizens Federal Savings Bank?
$65.7 million in total assets and $67.0 million in deposits as of September 30, 1991, with assets down 13.5% from a year before. Its loans were $47.7 million.
Is Citizens Federal Savings Bank profitable?
No: it lost $289,000 from January 1 to September 30, 1991. Its return on assets was -0.55% a year; about 1% is typical.
When did Citizens Federal Savings Bank fail?
Oct 16, 1991. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $8.85 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.