$540M
total assets, June 30, 1990
Statesman Bank for Savings, FSB was a savings bank in Waterloo, IA. It failed on Jul 27, 1990, and Branch Sale took over its deposits. At its last report it held $540.4 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1990
This bank failed
- Failed on
- Jul 27, 1990
- Assets
- $540M
- Deposits
- $445M
- Estimated cost
- $20.4M
- Deposits went to
- Branch Sale, None, NA
Total assets
$540M
-18.0% in a year · -5.8% in a quarter
Deposits
$445M
-22.9% in a year · -9.6% in a quarter
Loans
$280M
-23.7% in a year · -5.1% in a quarter
Profit so far
-$6.4M
Jan 1 to Jun 30, 1990
Capital ratio
0.13%
+0.13 pts in a year
Return on assets
-2.21%
-1.78 pts in a year
Facts
- Type
- Savings bank
- Head office
- 4th At Mulberry, Waterloo, IA, 50704
- County
- Black Hawk
- Established
- Mar 11, 1988
- Failed
- Jul 27, 1990
- Employees
- 126
- Id
- b32578
Quarter by quarter
March 31, 1988 to June 30, 1990
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 10
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Statesman Bank for Savings, FSB?
$540.4 million in total assets and $445.1 million in deposits as of June 30, 1990, with assets down 18.0% from a year before. Its loans were $279.5 million.
Is Statesman Bank for Savings, FSB profitable?
No: it lost $6.37 million from January 1 to June 30, 1990. Its return on assets was -2.21% a year; about 1% is typical.
When did Statesman Bank for Savings, FSB fail?
Jul 27, 1990. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $20.4 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.