The Graveyard › Banks › 1991
Homebank Fsa
Gilford, NH · failed October 10, 1991 · FDIC certificate 28946
Homebank Fsa of Gilford, NH failed on October 10, 1991. It opened on May 1, 1934, 57 years before. At its last report before that it held $255.1 million in assets and $192.1 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1989, it held $310.0 million. The FDIC estimates that the Resolution Trust Corporation lost $16.7 million on it.
1984-031991-09
Assets at the end$255.1 millionlast report before October 10, 1991
Deposits at the end$192.1 million
Estimated loss to the fund$16.7 millionRTC
Largest in the quarterly reports$310.0 millionDecember 31, 1989
Equity to assets-0.1%September 30, 1991
Loans not being repaid3.3%noncurrent, September 30, 1991
Return on assets-4.84%a year's rate, September 30, 1991
Staff81full time, September 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.
