The Graveyard › Banks › 1993
First National Bank of Vermont
Bradford, VT · failed January 29, 1993 · FDIC certificate 6290
First National Bank of Vermont of Bradford, VT failed on January 29, 1993. It opened on November 11, 1863, 129 years before. At its last report before that it held $295.8 million in assets and $282.4 million in deposits. The FDIC estimates that the Bank Insurance Fund lost $25.5 million on it.
1984-031992-09
Assets at the end$295.8 millionlast report before January 29, 1993
Deposits at the end$282.4 million
Estimated loss to the fund$25.5 millionBIF
Largest in the quarterly reports$295.8 millionSeptember 30, 1992
Equity to assets2.7%September 30, 1992
Loans not being repaid18.3%noncurrent, September 30, 1992
Return on assets-1.05%a year's rate, September 30, 1992
Staff145full time, September 30, 1992
Also ended in 1993
- Western FSB · Marina Del Ray, CA · $3.8 billion in assets
- Old Stone SB · Providence, RI · $1.8 billion in assets
- New England Savings Bank · New London, CT · $914.9 million in assets
- The Bank of San Diego · San Diego, CA · $294.3 million in assets
- Jefferson National Bank · Watertown, NY · $256.0 million in assets
- Capital Bank of California · Los Angeles, CA · $227.7 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.