First Federal Savings Bank of South Dakota
Rapid City, SD
$156M
total assets, March 31, 1992
$156M
total assets, March 31, 1992
First Federal Savings Bank of South Dakota was a savings bank in Rapid City, SD. It failed on Apr 24, 1992, and Metropolitan FB, FSB took over its deposits. At its last report it held $155.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1992
This bank failed
- Failed on
- Apr 24, 1992
- Assets
- $156M
- Deposits
- $170M
- Estimated cost
- $24.1M
- Deposits went to
- Metropolitan FB, FSB, Fargo, ND
Total assets
$156M
-42.2% in a year · -26.2% in a quarter
Deposits
$170M
-26.8% in a year · -9.8% in a quarter
Loans
$126M
-36.9% in a year · -27.9% in a quarter
Profit so far
-$4.6M
Jan 1 to Mar 31, 1992
Capital ratio
-22.83%
-13.53 pts in a year
Return on assets
-10.05%
-6.07 pts in a year
Facts
- Type
- Savings bank
- Head office
- 909 St Joseph Street, Rapid City, SD, 57701
- County
- Pennington
- Established
- Jan 1, 1925
- Failed
- Apr 24, 1992
- Employees
- 74
- Id
- b27853
Quarter by quarter
March 31, 1984 to March 31, 1992
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 Bank of South Dakota?
$155.9 million in total assets and $169.9 million in deposits as of March 31, 1992, with assets down 42.2% from a year before. Its loans were $126.0 million.
Is First Federal Savings Bank of South Dakota profitable?
No: it lost $4.61 million from January 1 to March 31, 1992. Its return on assets was -10.05% a year; about 1% is typical.
When did First Federal Savings Bank of South Dakota fail?
Apr 24, 1992. Metropolitan FB, FSB of Fargo, ND took over its deposits. The estimated cost of the failure was $24.1 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.