Southern Federal Savings and Loan Association of Georgia
Atlanta, GA
$160M
total assets, June 30, 1992
$160M
total assets, June 30, 1992
Southern Federal Savings and Loan Association of Georgia was a savings and loan in Atlanta, GA. It failed on Jul 10, 1992, and Branch Sale took over its deposits. At its last report it held $160.0 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1992
This bank failed
- Failed on
- Jul 10, 1992
- Assets
- $160M
- Deposits
- $151M
- Estimated cost
- $8.4M
- Deposits went to
- Branch Sale, None, NA
Total assets
$160M
-12.4% in a year · -6.3% in a quarter
Deposits
$151M
-10.0% in a year · -5.2% in a quarter
Loans
$137M
-14.0% in a year · -4.8% in a quarter
Profit so far
-$2.9M
Jan 1 to Jun 30, 1992
Capital ratio
0.21%
-2.39 pts in a year
Return on assets
-3.37%
-0.45 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 712 West Peachtree St Nw, Atlanta, GA, 30308
- County
- Fulton
- Established
- Jun 1, 1936
- Failed
- Jul 10, 1992
- Employees
- 130
- Id
- b29724
Quarter by quarter
March 31, 1984 to June 30, 1992
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 Southern Federal Savings and Loan Association of Georgia?
$160.0 million in total assets and $151.4 million in deposits as of June 30, 1992, with assets down 12.4% from a year before. Its loans were $136.5 million.
Is Southern Federal Savings and Loan Association of Georgia profitable?
No: it lost $2.86 million from January 1 to June 30, 1992. Its return on assets was -3.37% a year; about 1% is typical.
When did Southern Federal Savings and Loan Association of Georgia fail?
Jul 10, 1992. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $8.38 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.