$7.4B
total assets, December 31, 1991
CrossLand Savings, FSB was a savings bank in New York City, NY. It failed on Jan 24, 1992, and Public Stock Sale took over its deposits. At its last report it held $7.4 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1991
This bank failed
- Failed on
- Jan 24, 1992
- Assets
- $7.4B
- Deposits
- $5.5B
- Estimated cost
- $753M
- Deposits went to
- Public Stock Sale
Total assets
$7.4B
-18.8% in a year · -5.1% in a quarter
Deposits
$5.5B
-14.0% in a year · -1.7% in a quarter
Loans
$4.8B
-15.6% in a year · -2.3% in a quarter
Profit so far
-$458M
Jan 1 to Dec 31, 1991
Capital ratio
-7.66%
-5.99 pts in a year
Return on assets
-5.51%
-1.46 pts in a year
Facts
- Type
- Savings bank
- Head office
- 211 Montague Street, New York City, NY, 11201
- County
- Kings
- Established
- Apr 13, 1860
- Failed
- Jan 24, 1992
- Employees
- 1,614
- Id
- b16013
Quarter by quarter
March 31, 1984 to December 31, 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 CrossLand Savings, FSB?
$7.4 billion in total assets and $5.5 billion in deposits as of December 31, 1991, with assets down 18.8% from a year before. Its loans were $4.8 billion.
Is CrossLand Savings, FSB profitable?
No: it lost $458.0 million from January 1 to December 31, 1991. Its return on assets was -5.51% a year; about 1% is typical.
When did CrossLand Savings, FSB fail?
Jan 24, 1992. Public Stock Sale took over its deposits. The estimated cost of the failure was $753.4 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.