The Permanent Savings Bank
Niagara Falls, NY
$330M
total assets, June 30, 1990
$330M
total assets, June 30, 1990
The Permanent Savings Bank was a state savings bank in Niagara Falls, NY. It failed on Jul 13, 1990, and Key Bank Of Western New Yor took over its deposits. At its last report it held $330.0 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1990
This bank failed
- Failed on
- Jul 13, 1990
- Assets
- $330M
- Deposits
- $319M
- Estimated cost
- $0
- Deposits went to
- Key Bank Of Western New Yor, Buffalo, NY
Total assets
$330M
-10.7% in a year · -6.0% in a quarter
Deposits
$319M
-10.9% in a year · -6.2% in a quarter
Loans
$187M
-10.3% in a year · -3.3% in a quarter
Profit so far
-$91K
Jan 1 to Jun 30, 1990
Capital ratio
1.02%
-0.03 pts in a year
Return on assets
-0.05%
+0.23 pts in a year
Facts
- Type
- State savings bank
- Head office
- 800 Main Street, Niagara Falls, NY, 14302
- County
- Niagara
- Established
- Jan 1, 1978
- Failed
- Jul 13, 1990
- Employees
- 129
- Id
- b22583
Quarter by quarter
March 31, 1984 to June 30, 1990
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 Permanent Savings Bank?
$330.0 million in total assets and $319.3 million in deposits as of June 30, 1990, with assets down 10.7% from a year before. Its loans were $187.2 million.
Is The Permanent Savings Bank profitable?
No: it lost $91,000 from January 1 to June 30, 1990. Its return on assets was -0.05% a year; about 1% is typical.
When did The Permanent Savings Bank fail?
Jul 13, 1990. Key Bank Of Western New Yor of Buffalo, NY took over its deposits.
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.