The Graveyard › Banks › 2004
Dollar Savings Bank
Newark, NJ · failed February 14, 2004 · FDIC certificate 31330
Dollar Savings Bank of Newark, NJ failed on February 14, 2004. It opened in 1925, 79 years before. At its last report before that it held $13.4 million in assets and $10.9 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1990, it held $14.7 million. The FDIC's list records no loss to the Savings Association Insurance Fund.
1984-032003-12
Assets at the end$13.4 millionlast report before February 14, 2004
Deposits at the end$10.9 million
Estimated loss to the fundnone recordedSAIF
Largest in the quarterly reports$14.7 millionSeptember 30, 1990
Equity to assets15.9%December 31, 2003
Loans not being repaid6.4%noncurrent, December 31, 2003
Return on assets0.99%a year's rate, December 31, 2003
Staff4full time, December 31, 2003
Also ended in 2004
- Guaranty National Bank · Tallahassee, FL · $71.3 million in assets
- Bank of Ephraim · Ephraim, UT · $56.8 million in assets
- Reliance Bank · White Plains, NY · $28.6 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.