Mountainwest Savings and Loan Association, A Federal Savings and Loan As
Odgen, UT
$154M
total assets, March 31, 1990
$154M
total assets, March 31, 1990
Mountainwest Savings and Loan Association, A Federal Savings and Loan As was a savings and loan in Odgen, UT. It failed on Feb 17, 1989, and Mountainwest Financial took over its deposits. At its last report it held $241.5 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- Feb 17, 1989
- Assets
- $242M
- Deposits
- $227M
- Estimated cost
- $71.4M
- Deposits went to
- Mountainwest Financial, Sandy, UT
Total assets
$154M
-32.6% in a year · -10.0% in a quarter
Deposits
$161M
-23.5% in a year · -7.9% in a quarter
Loans
$109M
-20.7% in a year · -6.3% in a quarter
Profit so far
-$4.2M
Jan 1 to Mar 31, 1990
Capital ratio
-37.58%
-37.58 pts in a year
Return on assets
-10.37%
-8.63 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 2406 Washington Boulevard, Odgen, UT, 84401
- County
- Weber
- Established
- Sep 21, 1988
- Failed
- May 25, 1990
- Employees
- 120
- Id
- b32621
Quarter by quarter
September 30, 1988 to March 31, 1990
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 7
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Mountainwest Savings and Loan Association, A Federal Savings and Loan As?
$154.0 million in total assets and $160.8 million in deposits as of March 31, 1990, with assets down 32.6% from a year before. Its loans were $109.1 million.
Is Mountainwest Savings and Loan Association, A Federal Savings and Loan As profitable?
No: it lost $4.22 million from January 1 to March 31, 1990. Its return on assets was -10.37% a year; about 1% is typical.
When did Mountainwest Savings and Loan Association, A Federal Savings and Loan As fail?
Feb 17, 1989. Mountainwest Financial of Sandy, UT took over its deposits. The estimated cost of the failure was $71.4 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.