The Graveyard › Banks › 1992
First Fsa
Lewiston, ME · failed May 21, 1992 · FDIC certificate 29650
First Fsa of Lewiston, ME failed on May 21, 1992. It opened in 1935, 57 years before. At its last report before that it held $83.0 million in assets and $76.3 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1991, it held $102.3 million. The FDIC estimates that the Resolution Trust Corporation lost $11.8 million on it.
1984-031992-03
Assets at the end$83.0 millionlast report before May 21, 1992
Deposits at the end$76.3 million
Estimated loss to the fund$11.8 millionRTC
Largest in the quarterly reports$102.3 millionMarch 31, 1991
Equity to assets-0.5%March 31, 1992
Loans not being repaid4.4%noncurrent, March 31, 1992
Return on assets-3.98%a year's rate, March 31, 1992
Staff23full time, March 31, 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.