The Graveyard › Banks › 1991
Larchmont Fs & La
Larchmont, NY · failed August 9, 1991 · FDIC certificate 28587
Larchmont Fs & La of Larchmont, NY failed on August 9, 1991. It opened in 1924, 67 years before. At its last report before that it held $123.8 million in assets and $123.6 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1987, it held $138.4 million. The FDIC estimates that the Resolution Trust Corporation lost $5,681 on it.
1984-031991-06
Assets at the end$123.8 millionlast report before August 9, 1991
Deposits at the end$123.6 million
Estimated loss to the fund$5,681RTC
Largest in the quarterly reports$138.4 millionMarch 31, 1987
Equity to assets-0.1%June 30, 1991
Loans not being repaid5.8%noncurrent, June 30, 1991
Return on assets-3.68%a year's rate, June 30, 1991
Staff25full 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.