The Graveyard › Banks › 1992
Dollar Dry Dock Bank
White Plains, NY · failed February 21, 1992 · FDIC certificate 15897
Dollar Dry Dock Bank of White Plains, NY failed on February 21, 1992. It opened on June 23, 1890, 101 years before. At its last report before that it held $4.0 billion in assets and $3.7 billion in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $5.2 billion. The FDIC estimates that the Bank Insurance Fund lost $309.1 million on it.
1984-031991-12
Assets at the end$4.0 billionlast report before February 21, 1992
Deposits at the end$3.7 billion
Estimated loss to the fund$309.1 millionBIF
Largest in the quarterly reports$5.2 billionJune 30, 1984
Equity to assets2.3%December 31, 1991
Loans not being repaid10.7%noncurrent, December 31, 1991
Return on assets-1.11%a year's rate, December 31, 1991
Staff1,107full time, December 31, 1991
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
- The Howard Savings Bank · Newark, NJ · $3.5 billion in assets
- Transohio, FSB · Cleveland, OH · $3.4 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.