$6.0B
total assets, March 31, 1991
Sunbelt Savings, FSB was a savings bank in Irving, TX. It failed on Apr 26, 1991, and Bank Of America took over its deposits. At its last report it held $6.0 billion in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- Apr 26, 1991
- Assets
- $6.0B
- Deposits
- $4.3B
- Estimated cost
- $3K
- Deposits went to
- Bank Of America, Dallas, TX
Total assets
$6.0B
-32.9% in a year · -27.7% in a quarter
Deposits
$4.3B
+17.3% in a year · -1.9% in a quarter
Loans
$1.1B
-34.9% in a year · -6.1% in a quarter
Profit so far
-$18.3M
Jan 1 to Mar 31, 1991
Capital ratio
-1.12%
-1.07 pts in a year
Return on assets
-1.02%
-0.98 pts in a year
Facts
- Type
- Savings bank
- Head office
- 300 East Carpenter Freeway, Irving, TX, 75062
- County
- Dallas
- Established
- Aug 19, 1988
- Failed
- Apr 26, 1991
- Employees
- 2,745
- Id
- b32598
Quarter by quarter
September 30, 1988 to March 31, 1991
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 11
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Sunbelt Savings, FSB?
$6.0 billion in total assets and $4.3 billion in deposits as of March 31, 1991, with assets down 32.9% from a year before. Its loans were $1.1 billion.
Is Sunbelt Savings, FSB profitable?
No: it lost $18.3 million from January 1 to March 31, 1991. Its return on assets was -1.02% a year; about 1% is typical.
When did Sunbelt Savings, FSB fail?
Apr 26, 1991. Bank Of America of Dallas, TX took over its deposits. The estimated cost of the failure was $2,754.
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.