Western Savings and Loan Association
Chicago, IL
$33.2M
total assets, September 30, 1991
$33.2M
total assets, September 30, 1991
Western Savings and Loan Association was a savings and loan in Chicago, IL. It failed on Nov 22, 1991, and Devon Bank took over its deposits. At its last report it held $33.2 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1991
This bank failed
- Failed on
- Nov 22, 1991
- Assets
- $33.2M
- Deposits
- $26.4M
- Estimated cost
- $1.8M
- Deposits went to
- Devon Bank, Chicago, IL
Total assets
$33.2M
-63.5% in a year · -63.4% in a quarter
Deposits
$26.4M
-68.9% in a year · -70.0% in a quarter
Loans
$28.0M
-58.2% in a year · -22.2% in a quarter
Profit so far
$914K
Jan 1 to Sep 30, 1991
Capital ratio
-0.03%
+0.87 pts in a year
Return on assets
1.60%
+5.33 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 5345 W Lawrence Ave, Chicago, IL, 60630
- County
- Cook
- Established
- Jan 1, 1926
- Failed
- Nov 22, 1991
- Employees
- 24
- Id
- b28446
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 Western Savings and Loan Association?
$33.2 million in total assets and $26.4 million in deposits as of September 30, 1991, with assets down 63.5% from a year before. Its loans were $28.0 million.
Is Western Savings and Loan Association profitable?
Yes: it earned $914,000 from January 1 to September 30, 1991. Its return on assets was 1.60% a year; about 1% is typical.
When did Western Savings and Loan Association fail?
Nov 22, 1991. Devon Bank of Chicago, IL took over its deposits. The estimated cost of the failure was $1.85 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.