The Graveyard › Banks › 2001
First Alliance Bank and Trust Co
Manchester, NH · failed February 2, 2001 · FDIC certificate 34264
First Alliance Bank and Trust Co of Manchester, NH failed on February 2, 2001. It opened on April 7, 1997, 3 years before. At its last report before that it held $17.4 million in assets and $16.9 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1998, it held $34.2 million. The FDIC estimates that the Bank Insurance Fund lost $816,646 on it.
1997-062000-12
Assets at the end$17.4 millionlast report before February 2, 2001
Deposits at the end$16.9 million
Estimated loss to the fund$816,646BIF
Largest in the quarterly reports$34.2 millionJune 30, 1998
Equity to assets1.9%December 31, 2000
Loans not being repaid0.0%noncurrent, December 31, 2000
Return on assets-5.09%a year's rate, December 31, 2000
Staff8full time, December 31, 2000
Also ended in 2001
- Superior Bank FSB · Hinsdale, IL · $1.8 billion in assets
- SINCLAIR NATIONAL BANK · Gravette, AR · $29.8 million in assets
- The Malta National Bank · Malta, OH · $9.1 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.