Mainland Savings Association
Houston, TX
$1.0B
total assets, December 31, 1985
$1.0B
total assets, December 31, 1985
Mainland Savings Association was a savings and loan in Houston, TX. It failed on Apr 4, 1986, and Heights Of Texas FSB took over its deposits. At its last report it held $1.0 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1985
This bank failed
- Failed on
- Apr 4, 1986
- Assets
- $1.0B
- Deposits
- $874M
- Estimated cost
- $1.1B
- Deposits went to
- Heights Of Texas FSB, Houston, TX
Total assets
$1.0B
+43.5% in a year · -0.6% in a quarter
Deposits
$874M
+41.2% in a year · +2.0% in a quarter
Loans
$770M
+41.7% in a year · -1.2% in a quarter
Profit so far
-$35.0M
Jan 1 to Dec 31, 1985 · -13932.4% in a year
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-3.97%
-4.01 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 3401 Allen Parkway, Houston, TX, 77019
- County
- Harris
- Established
- Jan 1, 1947
- Failed
- Apr 4, 1986
- Id
- b30342
Quarter by quarter
March 31, 1984 to December 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 8
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Mainland Savings Association?
$1.0 billion in total assets and $873.6 million in deposits as of December 31, 1985, with assets up 43.5% from a year before. Its loans were $769.8 million.
Is Mainland Savings Association profitable?
No: it lost $35.0 million from January 1 to December 31, 1985. Its return on assets was -3.97% a year; about 1% is typical.
When did Mainland Savings Association fail?
Apr 4, 1986. Heights Of Texas FSB of Houston, TX took over its deposits. The estimated cost of the failure was $1.1 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.