$40.9M
total assets, March 31, 1991
Newton Savings Bank, SLA was a savings and loan in Newton, NJ. It failed on May 3, 1991, and Sussex County State Bank took over its deposits. At its last report it held $40.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- May 3, 1991
- Assets
- $40.9M
- Deposits
- $38.4M
- Estimated cost
- $3.6M
- Deposits went to
- Sussex County State Bank, Franklin, NJ
Total assets
$40.9M
+1.9% in a year · +3.8% in a quarter
Deposits
$38.4M
+8.6% in a year · +3.4% in a quarter
Loans
$32.1M
+2.0% in a year · +1.5% in a quarter
Profit so far
-$72K
Jan 1 to Mar 31, 1991
Capital ratio
0.07%
-3.04 pts in a year
Return on assets
-0.72%
+0.64 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 15 Trinity Street, Newton, NJ, 07860
- County
- Sussex
- Established
- Jan 1, 1890
- Failed
- May 3, 1991
- Employees
- 38
- Id
- b31179
Quarter by quarter
March 31, 1984 to March 31, 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 Newton Savings Bank, SLA?
$40.9 million in total assets and $38.4 million in deposits as of March 31, 1991, with assets up 1.9% from a year before. Its loans were $32.1 million.
Is Newton Savings Bank, SLA profitable?
No: it lost $72,000 from January 1 to March 31, 1991. Its return on assets was -0.72% a year; about 1% is typical.
When did Newton Savings Bank, SLA fail?
May 3, 1991. Sussex County State Bank of Franklin, NJ took over its deposits. The estimated cost of the failure was $3.59 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.