Continental Savings Association
Bellaire, TX
$364M
total assets, June 30, 1988
$364M
total assets, June 30, 1988
Continental Savings Association was a savings and loan in Bellaire, TX. It failed on Sep 26, 1988, and its insured deposits were paid out. At its last report it held $363.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1988
This bank failed
- Failed on
- Sep 26, 1988
- Assets
- $364M
- Deposits
- $585M
- Estimated cost
- Not known
- Deposits went to
- assisted merger
Total assets
$364M
-33.1% in a year · -6.7% in a quarter
Deposits
$585M
+7.2% in a year · +0.1% in a quarter
Loans
$252M
-30.9% in a year · -0.8% in a quarter
Profit so far
-$73.4M
Jan 1 to Jun 30, 1988
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-38.68%
-29.70 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 4500 Bissonnet Two Bissonnet Park, Bellaire, TX, 77401
- County
- Harris
- Established
- Jul 10, 1953
- Failed
- Sep 26, 1988
- Id
- b30625
Quarter by quarter
March 31, 1984 to June 30, 1988
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 Continental Savings Association?
$363.7 million in total assets and $585.4 million in deposits as of June 30, 1988, with assets down 33.1% from a year before. Its loans were $251.6 million.
Is Continental Savings Association profitable?
No: it lost $73.4 million from January 1 to June 30, 1988. Its return on assets was -38.68% a year; about 1% is typical.
When did Continental Savings Association fail?
Sep 26, 1988.
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.