Westside Federal Savings and Loan Association
Seattle, WA
$359M
total assets, September 30, 1985
$359M
total assets, September 30, 1985
Westside Federal Savings and Loan Association was a savings and loan in Seattle, WA. It failed on Aug 30, 1985, and Prudential Bank FSB took over its deposits. At its last report it held $378.4 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1985
This bank failed
- Failed on
- Aug 30, 1985
- Assets
- $378M
- Deposits
- $325M
- Estimated cost
- $101M
- Deposits went to
- Prudential Bank FSB, Seattle, WA
Total assets
$359M
-15.2% in a year · 0.0% in a quarter
Deposits
$270M
-13.7% in a year · 0.0% in a quarter
Loans
$238M
-23.3% in a year · 0.0% in a quarter
Profit so far
-$9.6M
Jan 1 to Sep 30, 1985 · -336.1% in a year
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-3.31%
-4.70 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 400 S W 152nd Street, Seattle, WA, 98166
- County
- King
- Established
- Jan 1, 1925
- Failed
- Oct 1, 1985
- Id
- b28124
Quarter by quarter
March 31, 1984 to September 30, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 7
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Westside Federal Savings and Loan Association?
$359.1 million in total assets and $269.7 million in deposits as of September 30, 1985, with assets down 15.2% from a year before. Its loans were $238.4 million.
Is Westside Federal Savings and Loan Association profitable?
No: it lost $9.61 million from January 1 to September 30, 1985. Its return on assets was -3.31% a year; about 1% is typical.
When did Westside Federal Savings and Loan Association fail?
Aug 30, 1985. Prudential Bank FSB of Seattle, WA took over its deposits. The estimated cost of the failure was $100.8 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.