Mid-America Federal Savings and Loan Association
Columbus, OH
$1.2B
total assets, September 30, 1990
$1.2B
total assets, September 30, 1990
Mid-America Federal Savings and Loan Association was a savings and loan in Columbus, OH. It failed on Dec 15, 1990, and NBD Bank took over its deposits. At its last report it held $1.2 billion in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1990
This bank failed
- Failed on
- Dec 15, 1990
- Assets
- $1.2B
- Deposits
- $894M
- Estimated cost
- $71K
- Deposits went to
- NBD Bank, Columbus, OH
Total assets
$1.2B
-5.8% in a year · -1.2% in a quarter
Deposits
$894M
-3.8% in a year · +0.2% in a quarter
Loans
$670M
-8.8% in a year · -2.8% in a quarter
Profit so far
-$4.7M
Jan 1 to Sep 30, 1990 · -577.2% in a year
Capital ratio
-4.13%
-4.13 pts in a year
Return on assets
-0.51%
-0.61 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 175 South Third Street, Columbus, OH, 43215
- County
- Franklin
- Established
- Jan 1, 1922
- Failed
- Dec 15, 1990
- Employees
- 265
- Id
- b28783
Quarter by quarter
March 31, 1984 to September 30, 1990
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 Mid-America Federal Savings and Loan Association?
$1.2 billion in total assets and $894.3 million in deposits as of September 30, 1990, with assets down 5.8% from a year before. Its loans were $669.8 million.
Is Mid-America Federal Savings and Loan Association profitable?
No: it lost $4.73 million from January 1 to September 30, 1990. Its return on assets was -0.51% a year; about 1% is typical.
When did Mid-America Federal Savings and Loan Association fail?
Dec 15, 1990. NBD Bank of Columbus, OH took over its deposits. The estimated cost of the failure was $71,279.
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.