Heritage Savings Association
Lancaster, PA
$48.8M
total assets, June 30, 1990
$48.8M
total assets, June 30, 1990
Heritage Savings Association was a savings and loan in Lancaster, PA. It failed on Jul 6, 1990, and Harris Sa took over its deposits. At its last report it held $48.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1990
This bank failed
- Failed on
- Jul 6, 1990
- Assets
- $48.8M
- Deposits
- $50.6M
- Estimated cost
- $1K
- Deposits went to
- Harris Sa, Harrisburg, PA
Total assets
$48.8M
-11.0% in a year · -9.4% in a quarter
Deposits
$50.6M
-8.5% in a year · -8.1% in a quarter
Loans
$40.5M
-5.2% in a year · -5.5% in a quarter
Profit so far
-$922K
Jan 1 to Jun 30, 1990
Capital ratio
-4.18%
-4.18 pts in a year
Return on assets
-3.50%
-3.06 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 1677 Oregon Pike, Lancaster, PA, 17603
- County
- Lancaster
- Established
- Jan 1, 1916
- Failed
- Jul 6, 1990
- Employees
- 14
- Id
- b31957
Quarter by quarter
March 31, 1984 to June 30, 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 Heritage Savings Association?
$48.8 million in total assets and $50.6 million in deposits as of June 30, 1990, with assets down 11.0% from a year before. Its loans were $40.5 million.
Is Heritage Savings Association profitable?
No: it lost $922,000 from January 1 to June 30, 1990. Its return on assets was -3.50% a year; about 1% is typical.
When did Heritage Savings Association fail?
Jul 6, 1990. Harris Sa of Harrisburg, PA took over its deposits. The estimated cost of the failure was $1,185.
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.