Freedom Savings and Loan Association
Tampa, FL
$1.9B
total assets, June 30, 1987
$1.9B
total assets, June 30, 1987
Freedom Savings and Loan Association was a savings and loan in Tampa, FL. It failed on Jul 23, 1987, and its insured deposits were paid out. At its last report it held $1.9 billion in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Jul 23, 1987
- Assets
- $1.9B
- Deposits
- $1.2B
- Estimated cost
- Not known
- Deposits went to
- assisted merger
Total assets
$1.9B
-23.1% in a year · -4.9% in a quarter
Deposits
$1.2B
-31.3% in a year · -13.2% in a quarter
Loans
$1.3B
-24.2% in a year · -7.5% in a quarter
Profit so far
-$16.5M
Jan 1 to Jun 30, 1987
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-1.64%
-0.73 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 500 Franklin Street, Tampa, FL, 33602
- County
- Hillsborough
- Established
- Apr 1, 1934
- Failed
- Jul 23, 1987
- Id
- b28887
Quarter by quarter
March 31, 1984 to June 30, 1987
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 Freedom Savings and Loan Association?
$1.9 billion in total assets and $1.2 billion in deposits as of June 30, 1987, with assets down 23.1% from a year before. Its loans were $1.3 billion.
Is Freedom Savings and Loan Association profitable?
No: it lost $16.5 million from January 1 to June 30, 1987. Its return on assets was -1.64% a year; about 1% is typical.
When did Freedom Savings and Loan Association fail?
Jul 23, 1987.
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.