The First, Federal Association
Orlando, FL
$1.1B
total assets, September 30, 1991
$1.1B
total assets, September 30, 1991
The First, Federal Association was a savings and loan in Orlando, FL. It failed on Oct 11, 1991, and Great Western Bank, FSB took over its deposits. At its last report it held $1.1 billion in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1991
This bank failed
- Failed on
- Oct 11, 1991
- Assets
- $1.1B
- Deposits
- $961M
- Estimated cost
- $148M
- Deposits went to
- Great Western Bank, FSB, Beverly Hills, CA
Total assets
$1.1B
-8.5% in a year · -1.2% in a quarter
Deposits
$961M
-6.5% in a year · +1.0% in a quarter
Loans
$611M
-15.5% in a year · -2.8% in a quarter
Profit so far
$200K
Jan 1 to Sep 30, 1991
Capital ratio
0.65%
-0.35 pts in a year
Return on assets
0.02%
+4.45 pts in a year
Facts
- Type
- Savings and loan
- Head office
- One Dupont Center - 390 N Orange Ave, Orlando, FL, 32801
- County
- Orange
- Established
- Jan 1, 1933
- Failed
- Oct 11, 1991
- Employees
- 444
- Id
- b28763
Quarter by quarter
March 31, 1984 to September 30, 1991
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 The First, Federal Association?
$1.1 billion in total assets and $960.8 million in deposits as of September 30, 1991, with assets down 8.5% from a year before. Its loans were $611.0 million.
Is The First, Federal Association profitable?
Yes: it earned $200,000 from January 1 to September 30, 1991. Its return on assets was 0.02% a year; about 1% is typical.
When did The First, Federal Association fail?
Oct 11, 1991. Great Western Bank, FSB of Beverly Hills, CA took over its deposits. The estimated cost of the failure was $148.0 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.