The Graveyard › Banks › 1992
Eastland Bank
Woonsocket, RI · failed December 11, 1992 · FDIC certificate 19725
Eastland Bank of Woonsocket, RI failed on December 11, 1992. It opened on June 27, 1967, 25 years before. At its last report before that it held $85.4 million in assets and $76.2 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1988, it held $142.4 million. The FDIC estimates that the Bank Insurance Fund lost $0 on it.
1984-031992-09
Assets at the end$85.4 millionlast report before December 11, 1992
Deposits at the end$76.2 million
Estimated loss to the fund$0BIF
Largest in the quarterly reports$142.4 millionJune 30, 1988
Equity to assets6.5%September 30, 1992
Loans not being repaid2.6%noncurrent, September 30, 1992
Return on assets0.01%a year's rate, September 30, 1992
Staff122full time, September 30, 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.