The Graveyard › Banks › 1992
Brookfield Bank
Brookfield, CT · failed May 8, 1992 · FDIC certificate 26901
Brookfield Bank of Brookfield, CT failed on May 8, 1992. It opened on February 19, 1987, 5 years before. At its last report before that it held $60.7 million in assets and $68.7 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1991, it held $81.9 million. The FDIC estimates that the Bank Insurance Fund lost $41.7 million on it.
1987-031992-03
Assets at the end$60.7 millionlast report before May 8, 1992
Deposits at the end$68.7 million
Estimated loss to the fund$41.7 millionBIF
Largest in the quarterly reports$81.9 millionSeptember 30, 1991
Equity to assets-13.6%March 31, 1992
Loans not being repaid42.2%noncurrent, March 31, 1992
Return on assets-2.24%a year's rate, March 31, 1992
Staff22full time, March 31, 1992
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.