Far West Savings and Loan Association
Newport Beach, CA
$3.7B
total assets, December 31, 1990
$3.7B
total assets, December 31, 1990
Far West Savings and Loan Association was a savings and loan in Newport Beach, CA. It failed on Jan 11, 1991, and Branch Sale took over its deposits. At its last report it held $3.7 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Jan 11, 1991
- Assets
- $3.7B
- Deposits
- $3.0B
- Estimated cost
- $499M
- Deposits went to
- Branch Sale, None, NA
Total assets
$3.7B
-14.6% in a year · -3.0% in a quarter
Deposits
$3.0B
-13.8% in a year · -1.7% in a quarter
Loans
$1.9B
-22.0% in a year · -7.2% in a quarter
Profit so far
-$264M
Jan 1 to Dec 31, 1990
Capital ratio
-7.12%
-7.12 pts in a year
Return on assets
-6.60%
-5.69 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 4001 Macarthur Blvd, Newport Beach, CA, 92660
- County
- Orange
- Established
- Jan 1, 1889
- Failed
- Feb 15, 1991
- Employees
- 392
- Id
- b28292
Quarter by quarter
March 31, 1984 to December 31, 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 Far West Savings and Loan Association?
$3.7 billion in total assets and $3.0 billion in deposits as of December 31, 1990, with assets down 14.6% from a year before. Its loans were $1.9 billion.
Is Far West Savings and Loan Association profitable?
No: it lost $263.9 million from January 1 to December 31, 1990. Its return on assets was -6.60% a year; about 1% is typical.
When did Far West Savings and Loan Association fail?
Jan 11, 1991. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $498.7 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.