Downey Savings and Loan Association, F.A.
Newport Beach, CA
$12.8B
total assets, September 30, 2008
$12.8B
total assets, September 30, 2008
Downey Savings and Loan Association, F.A. was a savings and loan in Newport Beach, CA. It failed on Nov 21, 2008, and U.s. Bank, Na took over its deposits. At its last report it held $12.8 billion in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2008
This bank failed
- Failed on
- Nov 21, 2008
- Assets
- $12.8B
- Deposits
- $9.7B
- Estimated cost
- $151M
- Deposits went to
- U.s. Bank, Na, Cincinnati, OH
Total assets
$12.8B
-11.4% in a year · +1.2% in a quarter
Deposits
$9.7B
-9.7% in a year · -2.6% in a quarter
Loans
$11.3B
-4.6% in a year · 0.0% in a quarter
Profit so far
-$537M
Jan 1 to Sep 30, 2008 · -1051.3% in a year
Capital ratio
7.48%
-2.74 pts in a year
Return on assets
-5.52%
-6.01 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 3501 Jamboree Rd, Newport Beach, CA, 92660
- County
- Orange
- Established
- Oct 16, 1957
- Failed
- Nov 21, 2008
- Employees
- 2,199
- Branches
- 174 in 2 states
- Id
- b30968
Quarter by quarter
March 31, 1984 to September 30, 2008
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 Downey Savings and Loan Association, F.A.?
$12.8 billion in total assets and $9.7 billion in deposits as of September 30, 2008, with assets down 11.4% from a year before. Its loans were $11.3 billion.
How many branches does Downey Savings and Loan Association, F.A. have?
174 branches in 2 states as of June 30, 2026.
Is Downey Savings and Loan Association, F.A. profitable?
No: it lost $537.3 million from January 1 to September 30, 2008. Its return on assets was -5.52% a year; about 1% is typical.
When did Downey Savings and Loan Association, F.A. fail?
Nov 21, 2008. U.s. Bank, Na of Cincinnati, OH took over its deposits. The estimated cost of the failure was $151.2 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.