The Graveyard › Banks › 1992
Atlantic Trust Company
Newington, NH · failed January 30, 1992 · FDIC certificate 25878
Atlantic Trust Company of Newington, NH failed on January 30, 1992. It opened on February 6, 1985, 6 years before. At its last report before that it held $21.2 million in assets and $22.7 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1991, it held $23.5 million. The FDIC estimates that the Bank Insurance Fund lost $5.8 million on it.
1985-031991-12
Assets at the end$21.2 millionlast report before January 30, 1992
Deposits at the end$22.7 million
Estimated loss to the fund$5.8 millionBIF
Largest in the quarterly reports$23.5 millionMarch 31, 1991
Equity to assets-7.5%December 31, 1991
Loans not being repaid9.0%noncurrent, December 31, 1991
Return on assets-8.05%a year's rate, December 31, 1991
Staff8full time, December 31, 1991
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.