Magnolia Federal Savings and Loan Association
Knoxville, TN
$4.8M
total assets, March 31, 1985
$4.8M
total assets, March 31, 1985
Magnolia Federal Savings and Loan Association was a savings and loan in Knoxville, TN. It failed on Jun 7, 1985, and its insured deposits were paid out. At its last report it held $4.82 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1985
This bank failed
- Failed on
- Jun 7, 1985
- Assets
- $4.8M
- Deposits
- $3.6M
- Estimated cost
- $1.5M
- Deposits went to
- insured deposit transfer
Total assets
$4.8M
-0.9% in a year · -2.6% in a quarter
Deposits
$3.6M
-11.2% in a year · -16.1% in a quarter
Loans
$3.1M
-12.5% in a year · -1.1% in a quarter
Profit so far
-$11K
Jan 1 to Mar 31, 1985
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-0.90%
0.00 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 2411 Magnolia Avenue, Knoxville, TN, 37917
- County
- Knox
- Established
- Nov 21, 1973
- Failed
- Jun 6, 1985
- Id
- b31674
Quarter by quarter
March 31, 1984 to March 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 5
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Magnolia Federal Savings and Loan Association?
$4.82 million in total assets and $3.65 million in deposits as of March 31, 1985, with assets down 0.9% from a year before. Its loans were $3.06 million.
Is Magnolia Federal Savings and Loan Association profitable?
No: it lost $11,000 from January 1 to March 31, 1985. Its return on assets was -0.90% a year; about 1% is typical.
When did Magnolia Federal Savings and Loan Association fail?
Jun 7, 1985. The estimated cost of the failure was $1.53 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.