Sierra Federal Savings and Loan Association
Beverly Hills, CA
$40.7M
total assets, June 30, 1989
$40.7M
total assets, June 30, 1989
Sierra Federal Savings and Loan Association was a savings and loan in Beverly Hills, CA. It failed on Jul 20, 1989, and Sun SB, FSB took over its deposits. At its last report it held $40.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1989
This bank failed
- Failed on
- Jul 20, 1989
- Assets
- $40.7M
- Deposits
- $40.0M
- Estimated cost
- $11.1M
- Deposits went to
- Sun SB, FSB, Los Angeles, CA
Total assets
$40.7M
-28.9% in a year · -17.5% in a quarter
Deposits
$40.0M
-23.7% in a year · -8.8% in a quarter
Loans
$15.0M
-35.6% in a year · -7.5% in a quarter
Profit so far
-$1.1M
Jan 1 to Jun 30, 1989
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-4.43%
-0.96 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 450 North Boxbury Drive, Beverly Hills, CA, 90210
- County
- Los Angeles
- Established
- Dec 18, 1985
- Failed
- Jul 20, 1989
- Id
- b32428
Quarter by quarter
December 31, 1985 to June 30, 1989
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 Sierra Federal Savings and Loan Association?
$40.7 million in total assets and $40.0 million in deposits as of June 30, 1989, with assets down 28.9% from a year before. Its loans were $15.0 million.
Is Sierra Federal Savings and Loan Association profitable?
No: it lost $1.11 million from January 1 to June 30, 1989. Its return on assets was -4.43% a year; about 1% is typical.
When did Sierra Federal Savings and Loan Association fail?
Jul 20, 1989. Sun SB, FSB of Los Angeles, CA took over its deposits. The estimated cost of the failure was $11.1 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.