$117M
total assets, March 31, 1990
First Jackson Savings Bank, FSB was a savings bank in Jackson, MS. It failed on Jun 29, 1990, and Trustmark NB took over its deposits. At its last report it held $116.5 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- Jun 29, 1990
- Assets
- $117M
- Deposits
- $91.4M
- Estimated cost
- $22.0M
- Deposits went to
- Trustmark NB, Jackson, MS
- Rescued on
- Jun 6, 1983
- Assets
- $34.5M
- Deposits
- $23.8M
- Estimated cost
- $128K
- How
- First Jackson SB FSB, Jackson, MS
It also received outside help once before.
Total assets
$117M
-0.5% in a year · -6.2% in a quarter
Deposits
$91.4M
+0.8% in a year · -3.5% in a quarter
Loans
$83.6M
-2.7% in a year · -4.5% in a quarter
Profit so far
-$461K
Jan 1 to Mar 31, 1990
Capital ratio
-3.57%
-3.57 pts in a year
Return on assets
-1.53%
-1.04 pts in a year
Facts
- Type
- Savings bank
- Head office
- 101 W Capitol Street, Jackson, MS, 39205
- County
- Hinds
- Established
- Jan 1, 1959
- Failed
- Jun 29, 1990
- Employees
- 32
- Id
- b31640
Quarter by quarter
March 31, 1984 to March 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 Jackson Savings Bank, FSB?
$116.5 million in total assets and $91.4 million in deposits as of March 31, 1990, with assets down 0.5% from a year before. Its loans were $83.6 million.
Is First Jackson Savings Bank, FSB profitable?
No: it lost $461,000 from January 1 to March 31, 1990. Its return on assets was -1.53% a year; about 1% is typical.
When did First Jackson Savings Bank, FSB fail?
Jun 29, 1990. Trustmark NB of Jackson, MS took over its deposits. The estimated cost of the failure was $22.0 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.