$2.9B
total assets, December 31, 1991
Perpetual Savings Bank, FSB was a savings bank in Mclean, VA. It failed on Jan 10, 1992, and Crestar Bank took over its deposits. At its last report it held $2.9 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1991
This bank failed
- Failed on
- Jan 10, 1992
- Assets
- $2.9B
- Deposits
- $2.4B
- Estimated cost
- $454M
- Deposits went to
- Crestar Bank, Richmond, VA
Total assets
$2.9B
-38.7% in a year · -16.0% in a quarter
Deposits
$2.4B
-31.6% in a year · -8.5% in a quarter
Loans
$2.0B
-23.8% in a year · -1.0% in a quarter
Profit so far
-$152M
Jan 1 to Dec 31, 1991
Capital ratio
-3.35%
-5.54 pts in a year
Return on assets
-3.97%
-1.08 pts in a year
Facts
- Type
- Savings bank
- Head office
- 8200 Greensboro Drive, Mclean, VA, 22101
- County
- Fairfax
- Established
- Jan 1, 1959
- Failed
- Jan 10, 1992
- Employees
- 907
- Id
- b31231
Quarter by quarter
March 31, 1984 to December 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 Perpetual Savings Bank, FSB?
$2.9 billion in total assets and $2.4 billion in deposits as of December 31, 1991, with assets down 38.7% from a year before. Its loans were $2.0 billion.
Is Perpetual Savings Bank, FSB profitable?
No: it lost $152.4 million from January 1 to December 31, 1991. Its return on assets was -3.97% a year; about 1% is typical.
When did Perpetual Savings Bank, FSB fail?
Jan 10, 1992. Crestar Bank of Richmond, VA took over its deposits. The estimated cost of the failure was $453.7 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.