First Federal of Arkansas, FA
Little Rock, AR
$1.3B
total assets, June 30, 1989
$1.3B
total assets, June 30, 1989
First Federal of Arkansas, FA was a savings and loan in Little Rock, AR. It failed on Feb 10, 1989, and Branch Sale took over its deposits. At its last report it held $1.6 billion in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1989
This bank failed
- Failed on
- Feb 10, 1989
- Assets
- $1.6B
- Deposits
- $1.2B
- Estimated cost
- $793M
- Deposits went to
- Branch Sale, None, NA
Total assets
$1.3B
-17.9% in a year · -4.2% in a quarter
Deposits
$1.2B
-3.5% in a year · +1.5% in a quarter
Loans
$481M
-59.3% in a year · -57.6% in a quarter
Profit so far
-$252M
Jan 1 to Jun 30, 1989
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-35.03%
-23.31 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 401 W Capitol, Little Rock, AR, 72201
- County
- Pulaski
- Established
- Jan 1, 1933
- Failed
- Aug 31, 1989
- Id
- b28782
Quarter by quarter
March 31, 1984 to June 30, 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 First Federal of Arkansas, FA?
$1.3 billion in total assets and $1.2 billion in deposits as of June 30, 1989, with assets down 17.9% from a year before. Its loans were $480.6 million.
Is First Federal of Arkansas, FA profitable?
No: it lost $252.3 million from January 1 to June 30, 1989. Its return on assets was -35.03% a year; about 1% is typical.
When did First Federal of Arkansas, FA fail?
Feb 10, 1989. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $792.6 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.