Timberland Savings Association
Nacogdoches, TX
$31.9M
total assets, September 30, 1990
$31.9M
total assets, September 30, 1990
Timberland Savings Association was a savings and loan in Nacogdoches, TX. It failed on Mar 16, 1989, and Citizens Bank took over its deposits. At its last report it held $60.3 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1990
This bank failed
- Failed on
- Mar 16, 1989
- Assets
- $60.3M
- Deposits
- $49.0M
- Estimated cost
- $14.3M
- Deposits went to
- Citizens Bank, Rusk, TX
Total assets
$31.9M
-30.1% in a year · -10.0% in a quarter
Deposits
$29.7M
-31.1% in a year · -3.7% in a quarter
Loans
$23.7M
-26.6% in a year · -6.0% in a quarter
Profit so far
-$2.8M
Jan 1 to Sep 30, 1990
Capital ratio
-33.21%
-33.21 pts in a year
Return on assets
-9.78%
+4.84 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 3010 North University Drive, Nacogdoches, TX, 75961
- County
- Nacogdoches
- Established
- Jan 1, 1974
- Failed
- Dec 14, 1990
- Employees
- 21
- Id
- b31907
Quarter by quarter
March 31, 1984 to September 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 Timberland Savings Association?
$31.9 million in total assets and $29.7 million in deposits as of September 30, 1990, with assets down 30.1% from a year before. Its loans were $23.7 million.
Is Timberland Savings Association profitable?
No: it lost $2.79 million from January 1 to September 30, 1990. Its return on assets was -9.78% a year; about 1% is typical.
When did Timberland Savings Association fail?
Mar 16, 1989. Citizens Bank of Rusk, TX took over its deposits. The estimated cost of the failure was $14.3 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.