The capitalization of the thrift industry declined sharply between 1979 and 1982.
Year GAAP Net Worth as Percent of Total Assets,
Year-End, FSLIC-Insured Thrift Institutions
19706.90%
19716.50%
19726.20%
19736.20%
19746.20%
19755.80%
19765.60%
19775.40%
19785.50%
19795.60%
19805.30%
19814.60%
19823.20%
19833.00%
19842.70%
19853.10%
19863.40%
19872.70%
Source: FHLBB, "Information for Senate Committee on Banking, Housing, and Urban Affairs, April 1988.