Coral Coast Savings Bank, FSB
Boynton Beach, FL
$61.2M
total assets, June 30, 1991
$61.2M
total assets, June 30, 1991
Coral Coast Savings Bank, FSB was a savings bank in Boynton Beach, FL. It failed on Aug 2, 1991, and Mackinac SB, FSB took over its deposits. At its last report it held $61.2 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Aug 2, 1991
- Assets
- $61.2M
- Deposits
- $60.3M
- Estimated cost
- $16.2M
- Deposits went to
- Mackinac SB, FSB, Boynton Beach, FL
Total assets
$61.2M
-2.3% in a year · -0.6% in a quarter
Deposits
$60.3M
+0.1% in a year · -0.2% in a quarter
Loans
$42.6M
-16.2% in a year · -2.1% in a quarter
Profit so far
-$1.3M
Jan 1 to Jun 30, 1991 · -1986.6% in a year
Capital ratio
0.96%
-2.25 pts in a year
Return on assets
-4.17%
-4.39 pts in a year
Facts
- Type
- Savings bank
- Head office
- 113 N Congress, Boynton Beach, FL, 33436
- County
- Palm Beach
- Established
- Dec 27, 1985
- Failed
- Aug 2, 1991
- Employees
- 16
- Id
- b32438
Quarter by quarter
March 31, 1986 to June 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 Coral Coast Savings Bank, FSB?
$61.2 million in total assets and $60.3 million in deposits as of June 30, 1991, with assets down 2.3% from a year before. Its loans were $42.6 million.
Is Coral Coast Savings Bank, FSB profitable?
No: it lost $1.26 million from January 1 to June 30, 1991. Its return on assets was -4.17% a year; about 1% is typical.
When did Coral Coast Savings Bank, FSB fail?
Aug 2, 1991. Mackinac SB, FSB of Boynton Beach, FL took over its deposits. The estimated cost of the failure was $16.2 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.