Flagler Federal Savings and Loan Association
Miami, FL
$1.6B
total assets, December 31, 1991
$1.6B
total assets, December 31, 1991
Flagler Federal Savings and Loan Association was a savings and loan in Miami, FL. It failed on Mar 27, 1992, and First Union NB Of FL took over its deposits. At its last report it held $1.6 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1991
This bank failed
- Failed on
- Mar 27, 1992
- Assets
- $1.6B
- Deposits
- $1.5B
- Estimated cost
- $102M
- Deposits went to
- First Union NB Of FL, Jacksonville, FL
Total assets
$1.6B
+4.4% in a year · +0.3% in a quarter
Deposits
$1.5B
+6.0% in a year · +0.9% in a quarter
Loans
$971M
-1.2% in a year · -7.2% in a quarter
Profit so far
-$10.2M
Jan 1 to Dec 31, 1991
Capital ratio
-0.59%
-0.30 pts in a year
Return on assets
-0.65%
+0.63 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 101 N E 1st Avenue, Miami, FL, 33132
- County
- Miami-Dade
- Established
- Dec 13, 1955
- Failed
- Mar 27, 1992
- Employees
- 517
- Id
- b30826
Quarter by quarter
March 31, 1984 to December 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 Flagler Federal Savings and Loan Association?
$1.6 billion in total assets and $1.5 billion in deposits as of December 31, 1991, with assets up 4.4% from a year before. Its loans were $970.7 million.
Is Flagler Federal Savings and Loan Association profitable?
No: it lost $10.2 million from January 1 to December 31, 1991. Its return on assets was -0.65% a year; about 1% is typical.
When did Flagler Federal Savings and Loan Association fail?
Mar 27, 1992. First Union NB Of FL of Jacksonville, FL took over its deposits. The estimated cost of the failure was $101.6 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.