Sunrise Savings and Loan Association
Lake Worth, FL
$1.6B
total assets, December 31, 1985
$1.6B
total assets, December 31, 1985
Sunrise Savings and Loan Association was a savings and loan in Lake Worth, FL. It failed on Jul 18, 1985, and Beach FS&LA took over its deposits. At its last report it held $1.5 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1985
This bank failed
- Failed on
- Jul 18, 1985
- Assets
- $1.5B
- Deposits
- $1.5B
- Estimated cost
- $419M
- Deposits went to
- Beach FS&LA, Boynton Beach, FL
Total assets
$1.6B
+9.9% in a year · +4.1% in a quarter
Deposits
$1.4B
+4.5% in a year · +0.7% in a quarter
Loans
$1.3B
+5.4% in a year · -8.2% in a quarter
Profit so far
-$75.0M
Jan 1 to Dec 31, 1985 · -546.6% in a year
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-4.89%
-6.25 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 6801 Lake Worth Road, Lake Worth, FL, 33463
- County
- Palm Beach
- Established
- May 21, 1980
- Failed
- Jan 1, 1986
- Id
- b32016
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 Sunrise Savings and Loan Association?
$1.6 billion in total assets and $1.4 billion in deposits as of December 31, 1985, with assets up 9.9% from a year before. Its loans were $1.3 billion.
Is Sunrise Savings and Loan Association profitable?
No: it lost $75.0 million from January 1 to December 31, 1985. Its return on assets was -4.89% a year; about 1% is typical.
When did Sunrise Savings and Loan Association fail?
Jul 18, 1985. Beach FS&LA of Boynton Beach, FL took over its deposits. The estimated cost of the failure was $419.2 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.