Edison Federal Savings and Loan Association
New York City, NY
$140M
total assets, September 30, 1990
$140M
total assets, September 30, 1990
Edison Federal Savings and Loan Association was a savings and loan in New York City, NY. It failed on Nov 30, 1990, and Flushing SB took over its deposits. At its last report it held $140.1 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1990
This bank failed
- Failed on
- Nov 30, 1990
- Assets
- $140M
- Deposits
- $116M
- Estimated cost
- $3.9M
- Deposits went to
- Flushing SB, New York, NY
Total assets
$140M
-9.3% in a year · -2.3% in a quarter
Deposits
$116M
-4.8% in a year · -2.6% in a quarter
Loans
$124M
-8.6% in a year · -2.0% in a quarter
Profit so far
-$211K
Jan 1 to Sep 30, 1990
Capital ratio
0.36%
+0.36 pts in a year
Return on assets
-0.19%
-0.02 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 129 East 14th St, New York City, NY, 10003
- County
- New York
- Established
- Jan 1, 1912
- Failed
- Nov 30, 1990
- Employees
- 43
- Id
- b29003
Quarter by quarter
March 31, 1984 to September 30, 1990
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 Edison Federal Savings and Loan Association?
$140.1 million in total assets and $115.8 million in deposits as of September 30, 1990, with assets down 9.3% from a year before. Its loans were $124.0 million.
Is Edison Federal Savings and Loan Association profitable?
No: it lost $211,000 from January 1 to September 30, 1990. Its return on assets was -0.19% a year; about 1% is typical.
When did Edison Federal Savings and Loan Association fail?
Nov 30, 1990. Flushing SB of New York, NY took over its deposits. The estimated cost of the failure was $3.94 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.