Westwood Savings and Loan Association
Los Angeles, CA
$258M
total assets, June 30, 1990
$258M
total assets, June 30, 1990
Westwood Savings and Loan Association was a savings and loan in Los Angeles, CA. It failed on Feb 17, 1989, and Fidelity FB, FSB took over its deposits. At its last report it held $328.4 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1990
This bank failed
- Failed on
- Feb 17, 1989
- Assets
- $328M
- Deposits
- $397M
- Estimated cost
- $237M
- Deposits went to
- Fidelity FB, FSB, Glendale, CA
- Failed on
- Mar 27, 1986
- Assets
- $583M
- Deposits
- $551M
- Estimated cost
- Not known
- Deposits went to
- assisted merger
Total assets
$258M
-15.0% in a year · -7.1% in a quarter
Deposits
$357M
-19.4% in a year · -3.9% in a quarter
Loans
$251M
-8.0% in a year · -2.8% in a quarter
Profit so far
-$14.5M
Jan 1 to Jun 30, 1990
Capital ratio
-101.87%
-101.87 pts in a year
Return on assets
-10.82%
-1.80 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 10899 Wilshire Blvd, Los Angeles, CA, 90024
- County
- Los Angeles
- Established
- May 22, 1978
- Failed
- Aug 24, 1990
- Employees
- 35
- Id
- b31927
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 Westwood Savings and Loan Association?
$257.8 million in total assets and $356.9 million in deposits as of June 30, 1990, with assets down 15.0% from a year before. Its loans were $251.3 million.
Is Westwood Savings and Loan Association profitable?
No: it lost $14.5 million from January 1 to June 30, 1990. Its return on assets was -10.82% a year; about 1% is typical.
When did Westwood Savings and Loan Association fail?
Feb 17, 1989. Fidelity FB, FSB of Glendale, CA took over its deposits. The estimated cost of the failure was $236.7 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.