Lincoln Savings and Loan Association
Los Angeles, CA
$3.8B
total assets, June 30, 1989
$3.8B
total assets, June 30, 1989
Lincoln Savings and Loan Association was a savings and loan in Los Angeles, CA. It failed on Apr 14, 1989, and Great Western Bank, FSB took over its deposits. At its last report it held $4.9 billion in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1989
This bank failed
- Failed on
- Apr 14, 1989
- Assets
- $4.9B
- Deposits
- $4.2B
- Estimated cost
- $3.1B
- Deposits went to
- Great Western Bank, FSB, Beverly Hills, CA
Total assets
$3.8B
-19.8% in a year · -21.5% in a quarter
Deposits
$3.8B
+0.7% in a year · -10.3% in a quarter
Loans
$2.1B
+15.7% in a year · 0.0% in a quarter
Profit so far
-$841M
Jan 1 to Jun 30, 1989 · -3386.1% in a year
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-36.50%
-37.63 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 630 West Sixth Street, Los Angeles, CA, 90017
- County
- Los Angeles
- Established
- Jan 1, 1925
- Failed
- Aug 3, 1989
- Id
- b29642
Quarter by quarter
March 31, 1984 to June 30, 1989
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 Lincoln Savings and Loan Association?
$3.8 billion in total assets and $3.8 billion in deposits as of June 30, 1989, with assets down 19.8% from a year before. Its loans were $2.1 billion.
Is Lincoln Savings and Loan Association profitable?
No: it lost $841.4 million from January 1 to June 30, 1989. Its return on assets was -36.50% a year; about 1% is typical.
When did Lincoln Savings and Loan Association fail?
Apr 14, 1989. Great Western Bank, FSB of Beverly Hills, CA took over its deposits. The estimated cost of the failure was $3.1 billion.
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.