Homestead Savings Association
Middletown, PA
$223M
total assets, June 30, 1991
$223M
total assets, June 30, 1991
Homestead Savings Association was a savings and loan in Middletown, PA. It failed on Aug 30, 1991, and Farmers Trust Co. took over its deposits. At its last report it held $223.2 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Aug 30, 1991
- Assets
- $223M
- Deposits
- $181M
- Estimated cost
- $17.5M
- Deposits went to
- Farmers Trust Co., Carlisle, PA
Total assets
$223M
-11.6% in a year · -5.3% in a quarter
Deposits
$181M
-12.3% in a year · -6.2% in a quarter
Loans
$190M
-6.8% in a year · -6.2% in a quarter
Profit so far
-$5.2M
Jan 1 to Jun 30, 1991
Capital ratio
-0.64%
-6.66 pts in a year
Return on assets
-4.45%
-2.40 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 120 South Union Street, Middletown, PA, 17057
- County
- Dauphin
- Established
- Jan 1, 1920
- Failed
- Aug 30, 1991
- Employees
- 69
- Id
- b31588
Quarter by quarter
March 31, 1984 to June 30, 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 Homestead Savings Association?
$223.2 million in total assets and $181.0 million in deposits as of June 30, 1991, with assets down 11.6% from a year before. Its loans were $189.8 million.
Is Homestead Savings Association profitable?
No: it lost $5.17 million from January 1 to June 30, 1991. Its return on assets was -4.45% a year; about 1% is typical.
When did Homestead Savings Association fail?
Aug 30, 1991. Farmers Trust Co. of Carlisle, PA took over its deposits. The estimated cost of the failure was $17.5 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.