The Graveyard › Banks › 1993
City National Bank of Washington
Washington, DC · failed June 25, 1993 · FDIC certificate 27307
City National Bank of Washington of Washington, DC failed on June 25, 1993. It opened on July 18, 1988, 4 years before. At its last report before that it held $24.0 million in assets and $22.7 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1990, it held $45.4 million. The FDIC estimates that the Bank Insurance Fund lost $1.0 million on it.
1988-091993-03
Assets at the end$24.0 millionlast report before June 25, 1993
Deposits at the end$22.7 million
Estimated loss to the fund$1.0 millionBIF
Largest in the quarterly reports$45.4 millionDecember 31, 1990
Equity to assets2.2%March 31, 1993
Loans not being repaid9.7%noncurrent, March 31, 1993
Return on assets-3.64%a year's rate, March 31, 1993
Staff13full time, March 31, 1993
Also ended in 1993
- Western FSB · Marina Del Ray, CA · $3.8 billion in assets
- Old Stone SB · Providence, RI · $1.8 billion in assets
- New England Savings Bank · New London, CT · $914.9 million in assets
- First National Bank of Vermont · Bradford, VT · $295.8 million in assets
- The Bank of San Diego · San Diego, CA · $294.3 million in assets
- Jefferson National Bank · Watertown, NY · $256.0 million 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.