The Graveyard › Banks › 1992
Mayfair Bank
Chicago, IL · failed June 4, 1992 · FDIC certificate 26895
Mayfair Bank of Chicago, IL failed on June 4, 1992. It opened on February 2, 1987, 5 years before. At its last report before that it held $32.2 million in assets and $29.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1990, it held $46.1 million. The FDIC estimates that the Bank Insurance Fund lost $1.2 million on it.
1987-031992-03
Assets at the end$32.2 millionlast report before June 4, 1992
Deposits at the end$29.7 million
Estimated loss to the fund$1.2 millionBIF
Largest in the quarterly reports$46.1 millionJune 30, 1990
Equity to assets2.5%March 31, 1992
Loans not being repaid7.9%noncurrent, March 31, 1992
Return on assets0.30%a year's rate, March 31, 1992
Staff35full time, March 31, 1992
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.