Security Federal Savings and Loan Association of Albuquerque
Albuquerque, NM
$262M
total assets, March 31, 1991
$262M
total assets, March 31, 1991
Security Federal Savings and Loan Association of Albuquerque was a savings and loan in Albuquerque, NM. It failed on May 3, 1991, and Branch Sale took over its deposits. At its last report it held $261.7 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- May 3, 1991
- Assets
- $262M
- Deposits
- $193M
- Estimated cost
- $29.4M
- Deposits went to
- Branch Sale, None, NA
Total assets
$262M
-4.4% in a year · -0.7% in a quarter
Deposits
$193M
+10.2% in a year · +2.8% in a quarter
Loans
$120M
-0.8% in a year · +2.9% in a quarter
Profit so far
$109K
Jan 1 to Mar 31, 1991 · +81.7% in a year
Capital ratio
14.67%
-0.46 pts in a year
Return on assets
0.17%
+0.08 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 6501 Indian School Road, Albuquerque, NM, 87190
- County
- Bernalillo
- Established
- Oct 3, 1985
- Failed
- May 3, 1991
- Employees
- 101
- Id
- b32412
Quarter by quarter
March 31, 1986 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 Security Federal Savings and Loan Association of Albuquerque?
$261.7 million in total assets and $193.4 million in deposits as of March 31, 1991, with assets down 4.4% from a year before. Its loans were $119.5 million.
Is Security Federal Savings and Loan Association of Albuquerque profitable?
Yes: it earned $109,000 from January 1 to March 31, 1991 (up 81.7% from the same months a year before). Its return on assets was 0.17% a year; about 1% is typical.
When did Security Federal Savings and Loan Association of Albuquerque fail?
May 3, 1991. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $29.4 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.