$83.2M
total assets, September 30, 1991
Cobb Federal Savings Bank was a savings bank in Marietta, GA. It failed on Nov 8, 1991, and First Union NB Of Ga took over its deposits. At its last report it held $83.2 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1991
This bank failed
- Failed on
- Nov 8, 1991
- Assets
- $83.2M
- Deposits
- $82.8M
- Estimated cost
- $25.5M
- Deposits went to
- First Union NB Of Ga, Atlanta, GA
Total assets
$83.2M
-31.0% in a year · -7.3% in a quarter
Deposits
$82.8M
-26.8% in a year · -10.1% in a quarter
Loans
$46.0M
-35.6% in a year · -8.5% in a quarter
Profit so far
-$5.9M
Jan 1 to Sep 30, 1991
Capital ratio
-7.01%
-11.51 pts in a year
Return on assets
-8.21%
-6.55 pts in a year
Facts
- Type
- Savings bank
- Head office
- 51 Henderson Street, Sw, Marietta, GA, 30064
- County
- Cobb
- Established
- Nov 1, 1982
- Failed
- Nov 8, 1991
- Employees
- 63
- Id
- b32543
Quarter by quarter
September 30, 1987 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 Cobb Federal Savings Bank?
$83.2 million in total assets and $82.8 million in deposits as of September 30, 1991, with assets down 31.0% from a year before. Its loans were $46.0 million.
Is Cobb Federal Savings Bank profitable?
No: it lost $5.86 million from January 1 to September 30, 1991. Its return on assets was -8.21% a year; about 1% is typical.
When did Cobb Federal Savings Bank fail?
Nov 8, 1991. First Union NB Of Ga of Atlanta, GA took over its deposits. The estimated cost of the failure was $25.5 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.