The Graveyard › Banks › 1992

Hansen FSB

Palm Beach Garden, FL · failed January 10, 1992 · FDIC certificate 32258

Hansen FSB of Palm Beach Garden, FL failed on January 10, 1992. It opened on December 7, 1984, 7 years before. At its last report before that it held $51.8 million in assets and $43.4 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1988, it held $96.3 million. The FDIC estimates that the Resolution Trust Corporation lost $10.9 million on it.

1984-121991-12

Assets at the end$51.8 millionlast report before January 10, 1992

Deposits at the end$43.4 million

Estimated loss to the fund$10.9 millionRTC

Largest in the quarterly reports$96.3 millionDecember 31, 1988

Equity to assets2.7%December 31, 1991

Loans not being repaid6.0%noncurrent, December 31, 1991

Return on assets-2.00%a year's rate, December 31, 1991

Staff11full time, December 31, 1991

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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.