Metropolitan Federal Bank, a federal savings bank
Nashville, TN
$985M
total assets, March 31, 1991
$985M
total assets, March 31, 1991
Metropolitan Federal Bank, a federal savings bank was a savings bank in Nashville, TN. It failed on Apr 19, 1991, and Union Planters NB took over its deposits. At its last report it held $985.1 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- Apr 19, 1991
- Assets
- $985M
- Deposits
- $812M
- Estimated cost
- $112M
- Deposits went to
- Union Planters NB, Memphis, TN
Total assets
$985M
-12.7% in a year · -4.8% in a quarter
Deposits
$812M
-12.0% in a year · -6.8% in a quarter
Loans
$673M
-18.2% in a year · -10.1% in a quarter
Profit so far
-$3.7M
Jan 1 to Mar 31, 1991
Capital ratio
-0.11%
-5.21 pts in a year
Return on assets
-1.48%
+6.57 pts in a year
Facts
- Type
- Savings bank
- Head office
- 230 Fourth Avenue, North, Nashville, TN, 37219
- County
- Davidson
- Established
- Feb 16, 1949
- Failed
- Apr 19, 1991
- Employees
- 341
- Id
- b30392
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 Metropolitan Federal Bank, a federal savings bank?
$985.1 million in total assets and $811.8 million in deposits as of March 31, 1991, with assets down 12.7% from a year before. Its loans were $673.1 million.
Is Metropolitan Federal Bank, a federal savings bank profitable?
No: it lost $3.73 million from January 1 to March 31, 1991. Its return on assets was -1.48% a year; about 1% is typical.
When did Metropolitan Federal Bank, a federal savings bank fail?
Apr 19, 1991. Union Planters NB of Memphis, TN took over its deposits. The estimated cost of the failure was $112.2 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.