Peoples Savings and Loan Association
La Grande, OR
$22.5M
total assets, June 30, 1988
$22.5M
total assets, June 30, 1988
Peoples Savings and Loan Association was a savings and loan in La Grande, OR. It failed on Sep 23, 1988, and its insured deposits were paid out. At its last report it held $22.5 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1988
This bank failed
- Failed on
- Sep 23, 1988
- Assets
- $22.5M
- Deposits
- $19.8M
- Estimated cost
- $19.3M
- Deposits went to
- insured deposit transfer
Total assets
$22.5M
-30.9% in a year · -8.7% in a quarter
Deposits
$19.8M
-26.1% in a year · -7.6% in a quarter
Loans
$17.6M
-32.2% in a year · -8.8% in a quarter
Profit so far
-$956K
Jan 1 to Jun 30, 1988
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-7.89%
-3.05 pts in a year
Facts
- Type
- Savings and loan
- Head office
- #3 Depot Street, La Grande, OR, 97850
- County
- Union
- Established
- Jan 1, 1978
- Failed
- Sep 23, 1988
- Id
- b32005
Quarter by quarter
March 31, 1984 to June 30, 1988
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 Peoples Savings and Loan Association?
$22.5 million in total assets and $19.8 million in deposits as of June 30, 1988, with assets down 30.9% from a year before. Its loans were $17.6 million.
Is Peoples Savings and Loan Association profitable?
No: it lost $956,000 from January 1 to June 30, 1988. Its return on assets was -7.89% a year; about 1% is typical.
When did Peoples Savings and Loan Association fail?
Sep 23, 1988. The estimated cost of the failure was $19.3 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.