$31.5M
total assets, December 31, 1999
Mutual Federal Savings Bank was a savings bank in Atlanta, GA. It failed on Mar 10, 2000, and Citizens Trust Bank took over its deposits. At its last report it held $31.5 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1999
This bank failed
- Failed on
- Mar 10, 2000
- Assets
- $31.5M
- Deposits
- $32.2M
- Estimated cost
- $1.3M
- Deposits went to
- Citizens Trust Bank, Atlanta, GA
Total assets
$31.5M
-26.3% in a year · -10.2% in a quarter
Deposits
$32.2M
-16.2% in a year · -4.7% in a quarter
Loans
$26.5M
-20.5% in a year · -8.2% in a quarter
Profit so far
-$3.2M
Jan 1 to Dec 31, 1999
Capital ratio
0.93%
-3.64 pts in a year
Return on assets
-8.43%
-7.42 pts in a year
Facts
- Type
- Savings bank
- Head office
- 205 Auburn Ave N E, Atlanta, GA, 30303
- County
- Fulton
- Established
- Jan 1, 1925
- Failed
- Mar 10, 2000
- Employees
- 22
- Branches
- 2
- Id
- b27886
Quarter by quarter
March 31, 1984 to December 31, 1999
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 Mutual Federal Savings Bank?
$31.5 million in total assets and $32.2 million in deposits as of December 31, 1999, with assets down 26.3% from a year before. Its loans were $26.5 million.
How many branches does Mutual Federal Savings Bank have?
2 branches in Georgia as of June 30, 2026.
Is Mutual Federal Savings Bank profitable?
No: it lost $3.18 million from January 1 to December 31, 1999. Its return on assets was -8.43% a year; about 1% is typical.
When did Mutual Federal Savings Bank fail?
Mar 10, 2000. Citizens Trust Bank of Atlanta, GA took over its deposits. The estimated cost of the failure was $1.32 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.