State Federal Savings and Loan Association
Corvallis, OR
$564M
total assets, December 31, 1985
$564M
total assets, December 31, 1985
State Federal Savings and Loan Association was a savings and loan in Corvallis, OR. It failed on Dec 6, 1985, and Washington FS&LA took over its deposits. At its last report it held $563.9 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1985
This bank failed
- Failed on
- Dec 6, 1985
- Assets
- $564M
- Deposits
- $444M
- Estimated cost
- $249M
- Deposits went to
- Washington FS&LA, Seattle, WA
Total assets
$564M
-5.2% in a year · +15.7% in a quarter
Deposits
$444M
-13.3% in a year · -13.2% in a quarter
Loans
$266M
-29.8% in a year · -42.9% in a quarter
Profit so far
-$111M
Jan 1 to Dec 31, 1985 · -2024.9% in a year
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-19.73%
-20.90 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 1980 N W Ninth St, Corvallis, OR, 97330
- County
- Benton
- Established
- Dec 21, 1962
- Failed
- Jan 1, 1986
- Id
- b31354
Quarter by quarter
March 31, 1984 to December 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 8
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is State Federal Savings and Loan Association?
$563.9 million in total assets and $443.9 million in deposits as of December 31, 1985, with assets down 5.2% from a year before. Its loans were $266.4 million.
Is State Federal Savings and Loan Association profitable?
No: it lost $111.4 million from January 1 to December 31, 1985. Its return on assets was -19.73% a year; about 1% is typical.
When did State Federal Savings and Loan Association fail?
Dec 6, 1985. Washington FS&LA of Seattle, WA took over its deposits. The estimated cost of the failure was $249.0 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.