The Graveyard › Banks › 1992
Columbia Banking Fed.
Rochester, NY · failed June 12, 1992 · FDIC certificate 29855
Columbia Banking Fed. of Rochester, NY failed on June 12, 1992. It opened in 1884, 108 years before. At its last report before that it held $1.3 billion in assets and $1.1 billion in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $1.7 billion. The FDIC estimates that the Resolution Trust Corporation lost $40.6 million on it.
1984-031992-03
Assets at the end$1.3 billionlast report before June 12, 1992
Deposits at the end$1.1 billion
Estimated loss to the fund$40.6 millionRTC
Largest in the quarterly reports$1.7 billionSeptember 30, 1988
Equity to assets-2.8%March 31, 1992
Loans not being repaid8.8%noncurrent, March 31, 1992
Return on assets0.59%a year's rate, March 31, 1992
Staff418full 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.