$2.9B
total assets, June 30, 1992
Franklin Savings Association was a savings and loan in Ottawa, KS. It failed on Feb 16, 1990, and Branch Sale took over its deposits. At its last report it held $9.3 billion in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1992
This bank failed
- Failed on
- Feb 16, 1990
- Assets
- $9.3B
- Deposits
- $4.6B
- Estimated cost
- $38.2M
- Deposits went to
- Branch Sale, None, NA
Total assets
$2.9B
-49.4% in a year · -18.9% in a quarter
Deposits
$1.6B
-36.5% in a year · -18.2% in a quarter
Loans
$122M
-40.8% in a year · -7.0% in a quarter
Profit so far
-$31.6M
Jan 1 to Jun 30, 1992 · -2943.6% in a year
Capital ratio
-4.24%
-2.88 pts in a year
Return on assets
-1.71%
-1.75 pts in a year
Facts
- Type
- Savings and loan
- Head office
- One Franklin Plaza, Ottawa, KS, 66067
- County
- Franklin
- Established
- Jan 1, 1889
- Failed
- Jul 17, 1992
- Employees
- 184
- Id
- b30311
Quarter by quarter
March 31, 1984 to June 30, 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 Franklin Savings Association?
$2.9 billion in total assets and $1.6 billion in deposits as of June 30, 1992, with assets down 49.4% from a year before. Its loans were $122.4 million.
Is Franklin Savings Association profitable?
No: it lost $31.6 million from January 1 to June 30, 1992. Its return on assets was -1.71% a year; about 1% is typical.
When did Franklin Savings Association fail?
Feb 16, 1990. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $38.2 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.