The Graveyard › Banks › 1991
Maine National Bank
Portland, ME · failed January 6, 1991 · FDIC certificate 4275
Maine National Bank of Portland, ME failed on January 6, 1991. It opened on October 7, 1889, 101 years before. At its last report before that it held $1.0 billion in assets and $944.7 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1989, it held $1.3 billion. The FDIC estimates that the Bank Insurance Fund lost $0 on it.
1984-031990-12
Assets at the end$1.0 billionlast report before January 6, 1991
Deposits at the end$944.7 million
Estimated loss to the fund$0BIF
Largest in the quarterly reports$1.3 billionSeptember 30, 1989
Equity to assets6.1%December 31, 1990
Loans not being repaid7.6%noncurrent, December 31, 1990
Return on assets0.14%a year's rate, December 31, 1990
Staff759full time, December 31, 1990
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.