Fidelity Savings and Loan Association of Danville
Danville, IL
$16.3M
total assets, December 31, 1989
$16.3M
total assets, December 31, 1989
Fidelity Savings and Loan Association of Danville was a savings and loan in Danville, IL. It failed on Feb 16, 1990, and First Midwest Bank took over its deposits. At its last report it held $16.3 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1989
This bank failed
- Failed on
- Feb 16, 1990
- Assets
- $16.3M
- Deposits
- $16.5M
- Estimated cost
- $1.1M
- Deposits went to
- First Midwest Bank, Danville, IL
Total assets
$16.3M
-17.6% in a year · -5.9% in a quarter
Deposits
$16.5M
-17.9% in a year · -6.6% in a quarter
Loans
$9.6M
+11.2% in a year · +3.4% in a quarter
Profit so far
-$72K
Jan 1 to Dec 31, 1989
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-0.40%
+1.97 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 2806 N Vermillion Street, Danville, IL, 61832
- County
- Vermilion
- Established
- Jan 1, 1884
- Failed
- Feb 16, 1990
- Id
- b28829
Quarter by quarter
March 31, 1984 to December 31, 1989
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 Fidelity Savings and Loan Association of Danville?
$16.3 million in total assets and $16.5 million in deposits as of December 31, 1989, with assets down 17.6% from a year before. Its loans were $9.62 million.
Is Fidelity Savings and Loan Association of Danville profitable?
No: it lost $72,000 from January 1 to December 31, 1989. Its return on assets was -0.40% a year; about 1% is typical.
When did Fidelity Savings and Loan Association of Danville fail?
Feb 16, 1990. First Midwest Bank of Danville, IL took over its deposits. The estimated cost of the failure was $1.08 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.