New Metropolitan Federal Savings and Loan Association
Hialeah, FL
$18.4M
total assets, June 30, 1991
$18.4M
total assets, June 30, 1991
New Metropolitan Federal Savings and Loan Association was a savings and loan in Hialeah, FL. It failed on Jul 19, 1991, and Desjardins FSB took over its deposits. At its last report it held $18.4 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Jul 19, 1991
- Assets
- $18.4M
- Deposits
- $43.2M
- Estimated cost
- $28.2M
- Deposits went to
- Desjardins FSB, Hallandale, FL
Total assets
$18.4M
-15.8% in a year · -16.2% in a quarter
Deposits
$43.2M
+0.7% in a year · -5.9% in a quarter
Loans
$8.7M
-19.4% in a year · -6.2% in a quarter
Profit so far
-$1.8M
Jan 1 to Jun 30, 1991
Capital ratio
-140.67%
-39.30 pts in a year
Return on assets
-17.29%
+13.02 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 1291 West 49th Street, Hialeah, FL, 33012
- County
- Miami-Dade
- Established
- Aug 27, 1986
- Failed
- Jul 19, 1991
- Employees
- 10
- Id
- b32494
Quarter by quarter
December 31, 1986 to June 30, 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 New Metropolitan Federal Savings and Loan Association?
$18.4 million in total assets and $43.2 million in deposits as of June 30, 1991, with assets down 15.8% from a year before. Its loans were $8.71 million.
Is New Metropolitan Federal Savings and Loan Association profitable?
No: it lost $1.75 million from January 1 to June 30, 1991. Its return on assets was -17.29% a year; about 1% is typical.
When did New Metropolitan Federal Savings and Loan Association fail?
Jul 19, 1991. Desjardins FSB of Hallandale, FL took over its deposits. The estimated cost of the failure was $28.2 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.