Concordia Federal Bank for Savings
Lansing, IL
$355M
total assets, March 31, 1990
$355M
total assets, March 31, 1990
Concordia Federal Bank for Savings was a savings bank in Lansing, IL. It failed on Feb 17, 1989, and Advance FB For Savings took over its deposits. At its last report it held $468.8 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- Feb 17, 1989
- Assets
- $469M
- Deposits
- $424M
- Estimated cost
- $63.2M
- Deposits went to
- Advance FB For Savings, Lansing, IL
Total assets
$355M
-20.0% in a year · -5.3% in a quarter
Deposits
$303M
-16.8% in a year · -5.9% in a quarter
Loans
$269M
-17.6% in a year · -4.8% in a quarter
Profit so far
$36K
Jan 1 to Mar 31, 1990
Capital ratio
-19.34%
-19.34 pts in a year
Return on assets
0.04%
+1.90 pts in a year
Facts
- Type
- Savings bank
- Head office
- 2320 Thorton Road, Lansing, IL, 60438
- County
- Cook
- Established
- Jan 1, 1889
- Failed
- May 29, 1990
- Employees
- 125
- Id
- b29383
Quarter by quarter
March 31, 1984 to March 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 Concordia Federal Bank for Savings?
$355.3 million in total assets and $303.2 million in deposits as of March 31, 1990, with assets down 20.0% from a year before. Its loans were $268.9 million.
Is Concordia Federal Bank for Savings profitable?
Yes: it earned $36,000 from January 1 to March 31, 1990. Its return on assets was 0.04% a year; about 1% is typical.
When did Concordia Federal Bank for Savings fail?
Feb 17, 1989. Advance FB For Savings of Lansing, IL took over its deposits. The estimated cost of the failure was $63.2 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.