Saratoga Savings and Loan Association
San Jose, CA
$84.5M
total assets, March 31, 1990
$84.5M
total assets, March 31, 1990
Saratoga Savings and Loan Association was a savings and loan in San Jose, CA. It failed on Nov 9, 1989, and Pacific Western Bank took over its deposits. At its last report it held $84.5 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- Nov 9, 1989
- Assets
- $84.5M
- Deposits
- $81.7M
- Estimated cost
- $18.6M
- Deposits went to
- Pacific Western Bank, San Cruz, CA
Total assets
$84.5M
-28.5% in a year · -19.3% in a quarter
Deposits
$81.7M
-21.1% in a year · -9.9% in a quarter
Loans
$39.7M
-43.1% in a year · -28.5% in a quarter
Profit so far
-$9.8M
Jan 1 to Mar 31, 1990 · -17562.5% in a year
Capital ratio
-7.06%
-7.06 pts in a year
Return on assets
-41.37%
-41.56 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 1304 Saratoga Ave, San Jose, CA, 95157
- County
- Santa Clara
- Established
- Jan 1, 1982
- Failed
- May 24, 1990
- Employees
- 59
- Id
- b32162
Quarter by quarter
March 31, 1984 to March 31, 1990
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 Saratoga Savings and Loan Association?
$84.5 million in total assets and $81.7 million in deposits as of March 31, 1990, with assets down 28.5% from a year before. Its loans were $39.7 million.
Is Saratoga Savings and Loan Association profitable?
No: it lost $9.78 million from January 1 to March 31, 1990. Its return on assets was -41.37% a year; about 1% is typical.
When did Saratoga Savings and Loan Association fail?
Nov 9, 1989. Pacific Western Bank of San Cruz, CA took over its deposits. The estimated cost of the failure was $18.6 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.