First Federal Savings and Loan Association
Las Vegas, NM
$55.4M
total assets, September 30, 1990
$55.4M
total assets, September 30, 1990
First Federal Savings and Loan Association was a savings and loan in Las Vegas, NM. It failed on Nov 16, 1990, and Bank Of NM, & Las Vegas took over its deposits. At its last report it held $55.4 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1990
This bank failed
- Failed on
- Nov 16, 1990
- Assets
- $55.4M
- Deposits
- $41.4M
- Estimated cost
- $14.4M
- Deposits went to
- Bank Of NM, & Las Vegas, Albuquerque, NM
Total assets
$55.4M
-9.3% in a year · -3.0% in a quarter
Deposits
$41.4M
-7.8% in a year · -4.0% in a quarter
Loans
$44.3M
-7.2% in a year · -0.9% in a quarter
Profit so far
-$986K
Jan 1 to Sep 30, 1990 · -14185.7% in a year
Capital ratio
-2.23%
-2.23 pts in a year
Return on assets
-2.27%
-2.28 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 624 University St, Las Vegas, NM, 87701
- County
- San Miguel
- Established
- Oct 1, 1934
- Failed
- Nov 16, 1990
- Employees
- 26
- Id
- b29207
Quarter by quarter
March 31, 1984 to September 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 Federal Savings and Loan Association?
$55.4 million in total assets and $41.4 million in deposits as of September 30, 1990, with assets down 9.3% from a year before. Its loans were $44.3 million.
Is First Federal Savings and Loan Association profitable?
No: it lost $986,000 from January 1 to September 30, 1990. Its return on assets was -2.27% a year; about 1% is typical.
When did First Federal Savings and Loan Association fail?
Nov 16, 1990. Bank Of NM, & Las Vegas of Albuquerque, NM took over its deposits. The estimated cost of the failure was $14.4 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.