Federal Savings Bank of Virginia
Falls Church, VA
$31.5M
total assets, March 31, 1992
$31.5M
total assets, March 31, 1992
Federal Savings Bank of Virginia was a savings bank in Falls Church, VA. It failed on Apr 10, 1992, and Fairfax B&TC took over its deposits. At its last report it held $31.5 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1992
This bank failed
- Failed on
- Apr 10, 1992
- Assets
- $31.5M
- Deposits
- $29.6M
- Estimated cost
- $14.5M
- Deposits went to
- Fairfax B&TC, Fairfax, VA
Total assets
$31.5M
+5.8% in a year · +2.6% in a quarter
Deposits
$29.6M
+18.0% in a year · +6.1% in a quarter
Loans
$23.8M
+3.3% in a year · -4.3% in a quarter
Profit so far
-$842K
Jan 1 to Mar 31, 1992
Capital ratio
-1.05%
-6.15 pts in a year
Return on assets
-10.84%
-9.67 pts in a year
Facts
- Type
- Savings bank
- Head office
- 200 Little Falls Street, Falls Church, VA, 22046
- County
- Falls Church City
- Established
- Jan 31, 1989
- Failed
- Apr 10, 1992
- Employees
- 11
- Id
- b32639
Quarter by quarter
March 31, 1989 to March 31, 1992
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 Federal Savings Bank of Virginia?
$31.5 million in total assets and $29.6 million in deposits as of March 31, 1992, with assets up 5.8% from a year before. Its loans were $23.8 million.
Is Federal Savings Bank of Virginia profitable?
No: it lost $842,000 from January 1 to March 31, 1992. Its return on assets was -10.84% a year; about 1% is typical.
When did Federal Savings Bank of Virginia fail?
Apr 10, 1992. Fairfax B&TC of Fairfax, VA took over its deposits. The estimated cost of the failure was $14.5 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.