The Graveyard › Banks › 1991
Dartmouth Bank
Manchester, NH · failed October 10, 1991 · FDIC certificate 26700
Dartmouth Bank of Manchester, NH failed on October 10, 1991. It opened on June 19, 1986, 5 years before. At its last report before that it held $877.2 million in assets and $835.3 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1990, it held $1.1 billion. The FDIC estimates that the Bank Insurance Fund lost $220.6 million on it.
1986-061991-06
Assets at the end$877.2 millionlast report before October 10, 1991
Deposits at the end$835.3 million
Estimated loss to the fund$220.6 millionBIF
Largest in the quarterly reports$1.1 billionMarch 31, 1990
Equity to assets-9.1%June 30, 1991
Loans not being repaid9.7%noncurrent, June 30, 1991
Return on assets-13.48%a year's rate, June 30, 1991
Staff375full time, June 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.