Fort Lee Federal Savings Bank, FSB
Fort Lee, NJ
$48.9M
total assets, March 31, 2012
$48.9M
total assets, March 31, 2012
Fort Lee Federal Savings Bank, FSB was a savings bank in Fort Lee, NJ. It failed on Apr 20, 2012, and Alma Bank took over its deposits. At its last report it held $48.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2012
This bank failed
- Failed on
- Apr 20, 2012
- Assets
- $48.9M
- Deposits
- $47.8M
- Estimated cost
- $11.9M
- Deposits went to
- Alma Bank, Astoria, NY
Total assets
$48.9M
-16.7% in a year · -5.9% in a quarter
Deposits
$47.8M
-12.9% in a year · -5.7% in a quarter
Loans
$26.8M
-23.2% in a year · -4.8% in a quarter
Profit so far
-$237K
Jan 1 to Mar 31, 2012
Capital ratio
1.61%
-2.40 pts in a year
Return on assets
-1.88%
-0.43 pts in a year
Facts
- Type
- Savings bank
- Head office
- 817 Abbott Blvd, Fort Lee, NJ, 07024
- County
- Bergen
- Established
- Dec 15, 2000
- Failed
- Apr 20, 2012
- Employees
- 11
- Branches
- 1
- Id
- b35527
Quarter by quarter
March 31, 2001 to March 31, 2012
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 Fort Lee Federal Savings Bank, FSB?
$48.9 million in total assets and $47.8 million in deposits as of March 31, 2012, with assets down 16.7% from a year before. Its loans were $26.8 million.
How many branches does Fort Lee Federal Savings Bank, FSB have?
1 branch in New Jersey as of June 30, 2026.
Is Fort Lee Federal Savings Bank, FSB profitable?
No: it lost $237,000 from January 1 to March 31, 2012. Its return on assets was -1.88% a year; about 1% is typical.
When did Fort Lee Federal Savings Bank, FSB fail?
Apr 20, 2012. Alma Bank of Astoria, NY took over its deposits. The estimated cost of the failure was $11.9 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.