Westerleigh Savings, A Federal Savings and Loan Association
Staten Island, NY
$148M
total assets, March 31, 1991
$148M
total assets, March 31, 1991
Westerleigh Savings, A Federal Savings and Loan Association was a savings and loan in Staten Island, NY. It failed on May 31, 1991, and Branch Sale took over its deposits. At its last report it held $147.8 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- May 31, 1991
- Assets
- $148M
- Deposits
- $145M
- Estimated cost
- $9.9M
- Deposits went to
- Branch Sale, None, NA
Total assets
$148M
-7.3% in a year · -0.2% in a quarter
Deposits
$145M
-4.7% in a year · +0.2% in a quarter
Loans
$78.0M
-19.8% in a year · -10.9% in a quarter
Profit so far
$76K
Jan 1 to Mar 31, 1991 · +11.8% in a year
Capital ratio
0.86%
-1.71 pts in a year
Return on assets
0.20%
+0.03 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 832 Jewett Ave, Staten Island, NY, 10314
- County
- Richmond
- Established
- Jan 1, 1892
- Failed
- May 31, 1991
- Employees
- 67
- Id
- b28019
Quarter by quarter
March 31, 1984 to March 31, 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 Westerleigh Savings, A Federal Savings and Loan Association?
$147.8 million in total assets and $145.2 million in deposits as of March 31, 1991, with assets down 7.3% from a year before. Its loans were $78.0 million.
Is Westerleigh Savings, A Federal Savings and Loan Association profitable?
Yes: it earned $76,000 from January 1 to March 31, 1991 (up 11.8% from the same months a year before). Its return on assets was 0.20% a year; about 1% is typical.
When did Westerleigh Savings, A Federal Savings and Loan Association fail?
May 31, 1991. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $9.85 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.