$145M
total assets, June 30, 1991
First American Federal Bank, FSB was a savings bank in Tucson, AZ. It failed on Aug 16, 1991, and State SB, FSB took over its deposits. At its last report it held $145.0 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Aug 16, 1991
- Assets
- $145M
- Deposits
- $130M
- Estimated cost
- $11.2M
- Deposits went to
- State SB, FSB, Tucson, AZ
Total assets
$145M
-10.9% in a year · -5.6% in a quarter
Deposits
$130M
-3.4% in a year · -1.6% in a quarter
Loans
$109M
-9.8% in a year · -1.4% in a quarter
Profit so far
$403K
Jan 1 to Jun 30, 1991 · +368.6% in a year
Capital ratio
-1.71%
-4.82 pts in a year
Return on assets
0.54%
+0.44 pts in a year
Facts
- Type
- Savings bank
- Head office
- 4380 North Campbell Avenue, Tucson, AZ, 85718
- County
- Pima
- Established
- Oct 22, 1984
- Failed
- Aug 16, 1991
- Employees
- 35
- Id
- b32249
Quarter by quarter
December 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 First American Federal Bank, FSB?
$145.0 million in total assets and $130.3 million in deposits as of June 30, 1991, with assets down 10.9% from a year before. Its loans were $109.5 million.
Is First American Federal Bank, FSB profitable?
Yes: it earned $403,000 from January 1 to June 30, 1991 (up 368.6% from the same months a year before). Its return on assets was 0.54% a year; about 1% is typical.
When did First American Federal Bank, FSB fail?
Aug 16, 1991. State SB, FSB of Tucson, AZ took over its deposits. The estimated cost of the failure was $11.2 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.