The Graveyard › Banks › 1991
Alexander Hamilton
Paterson, NJ · failed March 8, 1991 · FDIC certificate 30139
Alexander Hamilton of Paterson, NJ failed on March 8, 1991. It opened in 1940, 51 years before. At its last report before that it held $210.7 million in assets and $212.9 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1988, it held $259.5 million. The FDIC estimates that the Resolution Trust Corporation lost $4.0 million on it.
1984-031990-12
Assets at the end$210.7 millionlast report before March 8, 1991
Deposits at the end$212.9 million
Estimated loss to the fund$4.0 millionRTC
Largest in the quarterly reports$259.5 millionDecember 31, 1988
Equity to assets-1.4%December 31, 1990
Loans not being repaid4.1%noncurrent, December 31, 1990
Return on assets-2.85%a year's rate, December 31, 1990
Staff69full time, December 31, 1990
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.