$124M
total assets, June 30, 1990
First American Savings Bank, FSB was a savings bank in Santa Fe, NM. It failed on Aug 31, 1990, and Payout took over its deposits. At its last report it held $123.6 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1990
This bank failed
- Failed on
- Aug 31, 1990
- Assets
- $124M
- Deposits
- $109M
- Estimated cost
- $57.4M
- Deposits went to
- Payout, None, NA
Total assets
$124M
-2.7% in a year · -7.2% in a quarter
Deposits
$109M
+10.0% in a year · -6.6% in a quarter
Loans
$54.5M
-24.4% in a year · -3.3% in a quarter
Profit so far
-$5.4M
Jan 1 to Jun 30, 1990 · -2623.7% in a year
Capital ratio
-4.03%
-4.03 pts in a year
Return on assets
-8.83%
-9.16 pts in a year
Facts
- Type
- Savings bank
- Head office
- 4250 Cerrillos Road, Santa Fe, NM, 87505
- County
- Santa Fe
- Established
- Jan 1, 1979
- Failed
- Aug 31, 1990
- Employees
- 15
- Id
- b32070
Quarter by quarter
March 31, 1984 to June 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 First American Savings Bank, FSB?
$123.6 million in total assets and $108.9 million in deposits as of June 30, 1990, with assets down 2.7% from a year before. Its loans were $54.5 million.
Is First American Savings Bank, FSB profitable?
No: it lost $5.43 million from January 1 to June 30, 1990. Its return on assets was -8.83% a year; about 1% is typical.
When did First American Savings Bank, FSB fail?
Aug 31, 1990. Payout of None, NA took over its deposits. The estimated cost of the failure was $57.4 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.