Eastern Federal Savings and Loan Association of Sayville
Sayville, NY
$250M
total assets, June 30, 1991
$250M
total assets, June 30, 1991
Eastern Federal Savings and Loan Association of Sayville was a savings and loan in Sayville, NY. It failed on Sep 27, 1991, and Bayside FSB took over its deposits. At its last report it held $249.5 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Sep 27, 1991
- Assets
- $250M
- Deposits
- $265M
- Estimated cost
- $29.1M
- Deposits went to
- Bayside FSB, Jericho, NY
Total assets
$250M
-10.7% in a year · -2.1% in a quarter
Deposits
$265M
-8.4% in a year · -1.4% in a quarter
Loans
$166M
-12.3% in a year · -3.1% in a quarter
Profit so far
-$1.6M
Jan 1 to Jun 30, 1991
Capital ratio
-6.29%
-2.15 pts in a year
Return on assets
-1.22%
-0.33 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 160 Main St, Sayville, NY, 11782
- County
- Suffolk
- Established
- Nov 25, 1935
- Failed
- Sep 27, 1991
- Employees
- 106
- Id
- b29563
Quarter by quarter
March 31, 1984 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 Eastern Federal Savings and Loan Association of Sayville?
$249.5 million in total assets and $264.9 million in deposits as of June 30, 1991, with assets down 10.7% from a year before. Its loans were $165.7 million.
Is Eastern Federal Savings and Loan Association of Sayville profitable?
No: it lost $1.59 million from January 1 to June 30, 1991. Its return on assets was -1.22% a year; about 1% is typical.
When did Eastern Federal Savings and Loan Association of Sayville fail?
Sep 27, 1991. Bayside FSB of Jericho, NY took over its deposits. The estimated cost of the failure was $29.1 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.