First Federal Savings and Loan Association of Creston
Creston, IA
$67.3M
total assets, March 31, 1991
$67.3M
total assets, March 31, 1991
First Federal Savings and Loan Association of Creston was a savings and loan in Creston, IA. It failed on May 10, 1991, and First FSB Of Creston took over its deposits. At its last report it held $67.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- May 10, 1991
- Assets
- $67.3M
- Deposits
- $67.9M
- Estimated cost
- $1.8M
- Deposits went to
- First FSB Of Creston, Creston, IA
Total assets
$67.3M
-2.6% in a year · +1.7% in a quarter
Deposits
$67.9M
-0.8% in a year · +2.0% in a quarter
Loans
$39.8M
-8.8% in a year · -2.2% in a quarter
Profit so far
-$139K
Jan 1 to Mar 31, 1991 · -197.2% in a year
Capital ratio
-1.40%
-1.79 pts in a year
Return on assets
-0.83%
-1.67 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 301 N Pine Street, Creston, IA, 50801
- County
- Union
- Established
- Jan 1, 1930
- Failed
- May 10, 1991
- Employees
- 22
- Id
- b28885
Quarter by quarter
March 31, 1984 to March 31, 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 Federal Savings and Loan Association of Creston?
$67.3 million in total assets and $67.9 million in deposits as of March 31, 1991, with assets down 2.6% from a year before. Its loans were $39.8 million.
Is First Federal Savings and Loan Association of Creston profitable?
No: it lost $139,000 from January 1 to March 31, 1991. Its return on assets was -0.83% a year; about 1% is typical.
When did First Federal Savings and Loan Association of Creston fail?
May 10, 1991. First FSB Of Creston of Creston, IA took over its deposits. The estimated cost of the failure was $1.75 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.