The Graveyard › Banks › 1991
First Northern Coop
Keene, NH · failed February 20, 1991 · FDIC certificate 29370
First Northern Coop of Keene, NH failed on February 20, 1991. It opened in 1912, 79 years before. At its last report before that it held $114.6 million in assets and $87.0 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1987, it held $178.2 million. The FDIC estimates that the Resolution Trust Corporation lost $25.8 million on it.
1984-031990-12
Assets at the end$114.6 millionlast report before February 20, 1991
Deposits at the end$87.0 million
Estimated loss to the fund$25.8 millionRTC
Largest in the quarterly reports$178.2 millionSeptember 30, 1987
Equity to assets1.7%December 31, 1990
Loans not being repaid6.2%noncurrent, December 31, 1990
Return on assets-2.34%a year's rate, December 31, 1990
Staff45full time, December 31, 1990
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.