The Graveyard › Banks › 1991
Bank of East Hartford
East Hartford, CT · failed December 13, 1991 · FDIC certificate 27151
Bank of East Hartford of East Hartford, CT failed on December 13, 1991. It opened on January 8, 1988, 3 years before. At its last report before that it held $36.6 million in assets and $38.4 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1990, it held $52.8 million. The FDIC estimates that the Bank Insurance Fund lost $12.9 million on it.
1988-031991-09
Assets at the end$36.6 millionlast report before December 13, 1991
Deposits at the end$38.4 million
Estimated loss to the fund$12.9 millionBIF
Largest in the quarterly reports$52.8 millionSeptember 30, 1990
Equity to assets-20.5%September 30, 1991
Loans not being repaid10.6%noncurrent, September 30, 1991
Return on assets-28.61%a year's rate, September 30, 1991
Staff18full time, September 30, 1991
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.