The Graveyard › Banks › 1992
Hansen Fsa
Hammonton, NJ · failed January 10, 1992 · FDIC certificate 31024
Hansen Fsa of Hammonton, NJ failed on January 10, 1992. It opened in 1924, 68 years before. At its last report before that it held $572.4 million in assets and $427.3 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1989, it held $607.3 million. The FDIC estimates that the Resolution Trust Corporation lost $42.4 million on it.
1984-031991-12
Assets at the end$572.4 millionlast report before January 10, 1992
Deposits at the end$427.3 million
Estimated loss to the fund$42.4 millionRTC
Largest in the quarterly reports$607.3 millionDecember 31, 1989
Equity to assets4.3%December 31, 1991
Loans not being repaid5.3%noncurrent, December 31, 1991
Return on assets-0.01%a year's rate, December 31, 1991
Staff163full time, December 31, 1991
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.