The Graveyard › Banks › 1991
Enfield National Bank
Enfield, CT · failed August 16, 1991 · FDIC certificate 27463
Enfield National Bank of Enfield, CT failed on August 16, 1991. It opened on February 27, 1989, 2 years before. At its last report before that it held $19.0 million in assets and $19.8 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1990, it held $30.9 million. The FDIC estimates that the Bank Insurance Fund lost $4.5 million on it.
1989-031991-06
Assets at the end$19.0 millionlast report before August 16, 1991
Deposits at the end$19.8 million
Estimated loss to the fund$4.5 millionBIF
Largest in the quarterly reports$30.9 millionJune 30, 1990
Equity to assets-5.0%June 30, 1991
Loans not being repaid13.9%noncurrent, June 30, 1991
Return on assets-12.19%a year's rate, June 30, 1991
Staff14full 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.