$661M
total assets, March 31, 1989
Missouri Savings Association was a savings and loan in Clayton, MO. It failed on Jun 29, 1989, and Mercantile Bank Of ST. Loui took over its deposits. At its last report it held $661.1 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- Jun 29, 1989
- Assets
- $661M
- Deposits
- $501M
- Estimated cost
- $48.8M
- Deposits went to
- Mercantile Bank Of ST. Loui, ST. Louis, MO
Total assets
$661M
-0.5% in a year · +1.2% in a quarter
Deposits
$501M
-10.0% in a year · -6.2% in a quarter
Loans
$542M
-3.7% in a year · -7.2% in a quarter
Profit so far
-$10.3M
Jan 1 to Mar 31, 1989
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-6.30%
-6.15 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 10 North Hanley Road, Clayton, MO, 63105
- County
- St. Louis
- Established
- Jan 1, 1922
- Failed
- Jun 29, 1989
- Id
- b28581
Quarter by quarter
March 31, 1984 to March 31, 1989
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 Missouri Savings Association?
$661.1 million in total assets and $500.7 million in deposits as of March 31, 1989, with assets down 0.5% from a year before. Its loans were $542.5 million.
Is Missouri Savings Association profitable?
No: it lost $10.3 million from January 1 to March 31, 1989. Its return on assets was -6.30% a year; about 1% is typical.
When did Missouri Savings Association fail?
Jun 29, 1989. Mercantile Bank Of ST. Loui of ST. Louis, MO took over its deposits. The estimated cost of the failure was $48.8 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.