$6.2M
total assets, June 30, 2010
Ideal Federal Savings Bank was a savings bank in Baltimore, MD. It failed on Jul 9, 2010, and its insured deposits were paid out. At its last report it held $6.18 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Jul 9, 2010
- Assets
- $6.2M
- Deposits
- $5.8M
- Estimated cost
- $3.7M
- Deposits went to
- payout
Total assets
$6.2M
-8.0% in a year · -2.0% in a quarter
Deposits
$5.8M
-6.8% in a year · -1.5% in a quarter
Loans
$5.1M
-6.9% in a year · -1.0% in a quarter
Profit so far
-$61K
Jan 1 to Jun 30, 2010
Capital ratio
3.53%
-1.46 pts in a year
Return on assets
-1.95%
+7.55 pts in a year
Facts
- Type
- Savings bank
- Head office
- 1629 Druid Hill Avenue, Baltimore, MD, 21217
- County
- Baltimore City
- Established
- Apr 4, 1920
- Failed
- Jul 9, 2010
- Employees
- 2
- Branches
- 1
- Id
- b32456
Quarter by quarter
March 31, 1986 to June 30, 2010
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 Ideal Federal Savings Bank?
$6.18 million in total assets and $5.80 million in deposits as of June 30, 2010, with assets down 8.0% from a year before. Its loans were $5.10 million.
How many branches does Ideal Federal Savings Bank have?
1 branch in Maryland as of June 30, 2026.
Is Ideal Federal Savings Bank profitable?
No: it lost $61,000 from January 1 to June 30, 2010. Its return on assets was -1.95% a year; about 1% is typical.
When did Ideal Federal Savings Bank fail?
Jul 9, 2010. The estimated cost of the failure was $3.69 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.