The Graveyard › Banks › 1991
Arcanium Fsa
Arcanum, OH · failed March 15, 1991 · FDIC certificate 29716
Arcanium Fsa of Arcanum, OH failed on March 15, 1991. It opened in 1885, 106 years before. At its last report before that it held $45.4 million in assets and $46.8 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1987, it held $62.1 million. The FDIC estimates that the Resolution Trust Corporation lost $2.9 million on it.
1984-031990-12
Assets at the end$45.4 millionlast report before March 15, 1991
Deposits at the end$46.8 million
Estimated loss to the fund$2.9 millionRTC
Largest in the quarterly reports$62.1 millionMarch 31, 1987
Equity to assets-5.4%December 31, 1990
Loans not being repaid3.9%noncurrent, December 31, 1990
Return on assets-5.17%a year's rate, December 31, 1990
Staff16full 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.