The Graveyard › Banks › 1991
Harbor National Bank of Connecticut
Branford, CT · failed October 3, 1991 · FDIC certificate 26815
Harbor National Bank of Connecticut of Branford, CT failed on October 3, 1991. It opened on October 14, 1986, 4 years before. At its last report before that it held $22.9 million in assets and $22.8 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1989, it held $31.2 million. The FDIC estimates that the Bank Insurance Fund lost $1.7 million on it.
1986-121991-06
Assets at the end$22.9 millionlast report before October 3, 1991
Deposits at the end$22.8 million
Estimated loss to the fund$1.7 millionBIF
Largest in the quarterly reports$31.2 millionSeptember 30, 1989
Equity to assets-0.4%June 30, 1991
Loans not being repaid6.7%noncurrent, June 30, 1991
Return on assets-11.05%a year's rate, June 30, 1991
Staff20full time, June 30, 1991
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.