First Federal Savings Bank of Hempstead
Hempstead, TX
$35.4M
total assets, June 30, 1990
$35.4M
total assets, June 30, 1990
First Federal Savings Bank of Hempstead was a savings bank in Hempstead, TX. It failed on Sep 14, 1990, and Payout took over its deposits. At its last report it held $35.4 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1990
This bank failed
- Failed on
- Sep 14, 1990
- Assets
- $35.4M
- Deposits
- $30.9M
- Estimated cost
- $1.7M
- Deposits went to
- Payout, None, NA
Total assets
$35.4M
-11.6% in a year · -3.8% in a quarter
Deposits
$30.9M
-5.3% in a year · +1.6% in a quarter
Loans
$18.6M
-11.6% in a year · -5.0% in a quarter
Profit so far
-$1.4M
Jan 1 to Jun 30, 1990 · -18025.0% in a year
Capital ratio
-0.68%
-0.68 pts in a year
Return on assets
-7.76%
-7.80 pts in a year
Facts
- Type
- Savings bank
- Head office
- 840 13th Street, Hempstead, TX, 77445
- County
- Waller
- Established
- May 26, 1988
- Failed
- Sep 14, 1990
- Employees
- 14
- Id
- b32590
Quarter by quarter
June 30, 1988 to June 30, 1990
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 9
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is First Federal Savings Bank of Hempstead?
$35.4 million in total assets and $30.9 million in deposits as of June 30, 1990, with assets down 11.6% from a year before. Its loans were $18.6 million.
Is First Federal Savings Bank of Hempstead profitable?
No: it lost $1.43 million from January 1 to June 30, 1990. Its return on assets was -7.76% a year; about 1% is typical.
When did First Federal Savings Bank of Hempstead fail?
Sep 14, 1990. Payout of None, NA took over its deposits. The estimated cost of the failure was $1.67 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.