$24.3M
total assets, December 31, 1989
Sun Savings Bank was a savings and loan in Fort Dodge, IA. It failed on Mar 16, 1990, and Ida County State Bank took over its deposits. At its last report it held $24.3 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1989
This bank failed
- Failed on
- Mar 16, 1990
- Assets
- $24.3M
- Deposits
- $19.0M
- Estimated cost
- $1.8M
- Deposits went to
- Ida County State Bank, Ida Grove, IA
Total assets
$24.3M
-16.7% in a year · -13.0% in a quarter
Deposits
$19.0M
-15.3% in a year · -11.2% in a quarter
Loans
$14.8M
+3.5% in a year · -13.3% in a quarter
Profit so far
-$548K
Jan 1 to Dec 31, 1989 · -215.4% in a year
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-1.99%
-3.65 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 628 Central Avenue, Fort Dodge, IA, 50501
- County
- Webster
- Established
- Jan 1, 1967
- Failed
- Mar 16, 1990
- Id
- b31547
Quarter by quarter
March 31, 1984 to December 31, 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 Sun Savings Bank?
$24.3 million in total assets and $19.0 million in deposits as of December 31, 1989, with assets down 16.7% from a year before. Its loans were $14.8 million.
Is Sun Savings Bank profitable?
No: it lost $548,000 from January 1 to December 31, 1989. Its return on assets was -1.99% a year; about 1% is typical.
When did Sun Savings Bank fail?
Mar 16, 1990. Ida County State Bank of Ida Grove, IA took over its deposits. The estimated cost of the failure was $1.83 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.