$474M
total assets, March 31, 1991
Metrobank for Savings FSB was a savings bank in Palisades Park, NJ. It failed on Jun 28, 1991, and First FSB Of De took over its deposits. At its last report it held $474.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- Jun 28, 1991
- Assets
- $474M
- Deposits
- $350M
- Estimated cost
- $146M
- Deposits went to
- First FSB Of De, Wilmington, DE
Total assets
$474M
-7.7% in a year · -1.1% in a quarter
Deposits
$350M
-7.9% in a year · -0.8% in a quarter
Loans
$352M
-6.9% in a year · +0.1% in a quarter
Profit so far
-$2.4M
Jan 1 to Mar 31, 1991
Capital ratio
0.80%
-4.24 pts in a year
Return on assets
-2.00%
-1.32 pts in a year
Facts
- Type
- Savings bank
- Head office
- 460 Bergen Boulevard, Palisades Park, NJ, 07650
- County
- Bergen
- Established
- Jan 1, 1926
- Failed
- Jun 28, 1991
- Employees
- 170
- Id
- b30758
Quarter by quarter
March 31, 1984 to March 31, 1991
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 Metrobank for Savings FSB?
$474.3 million in total assets and $350.1 million in deposits as of March 31, 1991, with assets down 7.7% from a year before. Its loans were $352.4 million.
Is Metrobank for Savings FSB profitable?
No: it lost $2.38 million from January 1 to March 31, 1991. Its return on assets was -2.00% a year; about 1% is typical.
When did Metrobank for Savings FSB fail?
Jun 28, 1991. First FSB Of De of Wilmington, DE took over its deposits. The estimated cost of the failure was $145.8 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.