Liberty Federal Savings and Loan Association
New Port Richey, FL
$55.0M
total assets, June 30, 1989
$55.0M
total assets, June 30, 1989
Liberty Federal Savings and Loan Association was a savings and loan in New Port Richey, FL. It failed on Mar 16, 1989, and Citizens & Southern NB FL took over its deposits. At its last report it held $60.1 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1989
This bank failed
- Failed on
- Mar 16, 1989
- Assets
- $60.1M
- Deposits
- $91.1M
- Estimated cost
- $35.3M
- Deposits went to
- Citizens & Southern NB FL, FT. Lauderdale, FL
Total assets
$55.0M
-22.9% in a year · -4.8% in a quarter
Deposits
$88.8M
-10.6% in a year · -0.3% in a quarter
Loans
$49.3M
-13.4% in a year · -2.5% in a quarter
Profit so far
-$2.7M
Jan 1 to Jun 30, 1989
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-9.50%
-1.69 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 7419 Us Hwy 19, New Port Richey, FL, 33552
- County
- Pasco
- Established
- May 15, 1987
- Failed
- Aug 10, 1989
- Id
- b32540
Quarter by quarter
June 30, 1987 to June 30, 1989
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 9
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Liberty Federal Savings and Loan Association?
$55.0 million in total assets and $88.8 million in deposits as of June 30, 1989, with assets down 22.9% from a year before. Its loans were $49.3 million.
Is Liberty Federal Savings and Loan Association profitable?
No: it lost $2.74 million from January 1 to June 30, 1989. Its return on assets was -9.50% a year; about 1% is typical.
When did Liberty Federal Savings and Loan Association fail?
Mar 16, 1989. Citizens & Southern NB FL of FT. Lauderdale, FL took over its deposits. The estimated cost of the failure was $35.3 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.