Home Federal Savings and Loan Association
Algona, IA
$134M
total assets, March 31, 1991
$134M
total assets, March 31, 1991
Home Federal Savings and Loan Association was a savings and loan in Algona, IA. It failed on Apr 26, 1991, and Branch Sale took over its deposits. At its last report it held $134.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- Apr 26, 1991
- Assets
- $134M
- Deposits
- $117M
- Estimated cost
- $4K
- Deposits went to
- Branch Sale, None, NA
Total assets
$134M
-10.8% in a year · -2.1% in a quarter
Deposits
$117M
-5.9% in a year · -2.4% in a quarter
Loans
$72.9M
-11.9% in a year · -2.0% in a quarter
Profit so far
$190K
Jan 1 to Mar 31, 1991 · +216.7% in a year
Capital ratio
-1.64%
-3.18 pts in a year
Return on assets
0.56%
+0.40 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 220 East State Street, Algona, IA, 50511
- County
- Kossuth
- Established
- Dec 1, 1935
- Failed
- Apr 26, 1991
- Employees
- 54
- Id
- b29588
Quarter by quarter
March 31, 1984 to March 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 Home Federal Savings and Loan Association?
$134.3 million in total assets and $116.9 million in deposits as of March 31, 1991, with assets down 10.8% from a year before. Its loans were $72.9 million.
Is Home Federal Savings and Loan Association profitable?
Yes: it earned $190,000 from January 1 to March 31, 1991 (up 216.7% from the same months a year before). Its return on assets was 0.56% a year; about 1% is typical.
When did Home Federal Savings and Loan Association fail?
Apr 26, 1991. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $4,123.
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.