First Federal Savings and Loan Association
Dallas, GA
$37.5M
total assets, December 31, 1990
$37.5M
total assets, December 31, 1990
First Federal Savings and Loan Association was a savings and loan in Dallas, GA. It failed on Feb 22, 1991, and Etowah Bank took over its deposits. At its last report it held $37.5 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Feb 22, 1991
- Assets
- $37.5M
- Deposits
- $36.2M
- Estimated cost
- $4.1M
- Deposits went to
- Etowah Bank, Canton, GA
Total assets
$37.5M
-22.2% in a year · -4.9% in a quarter
Deposits
$36.2M
-15.9% in a year · -5.3% in a quarter
Loans
$24.8M
-26.3% in a year · -7.9% in a quarter
Profit so far
-$1.4M
Jan 1 to Dec 31, 1990
Capital ratio
-2.04%
-2.04 pts in a year
Return on assets
-3.13%
-0.73 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 129 East Memorial Drive, Dallas, GA, 30132
- County
- Paulding
- Established
- Sep 2, 1960
- Failed
- Feb 22, 1991
- Employees
- 34
- Id
- b31206
Quarter by quarter
March 31, 1984 to December 31, 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 Federal Savings and Loan Association?
$37.5 million in total assets and $36.2 million in deposits as of December 31, 1990, with assets down 22.2% from a year before. Its loans were $24.8 million.
Is First Federal Savings and Loan Association profitable?
No: it lost $1.37 million from January 1 to December 31, 1990. Its return on assets was -3.13% a year; about 1% is typical.
When did First Federal Savings and Loan Association fail?
Feb 22, 1991. Etowah Bank of Canton, GA took over its deposits. The estimated cost of the failure was $4.09 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.