The Graveyard › Banks › 1990
Old Borough Savings & Loan
Trenton, NJ · failed December 14, 1990 · FDIC certificate 30645
Old Borough Savings & Loan of Trenton, NJ failed on December 14, 1990. It opened in 1928, 62 years before. At its last report before that it held $133.5 million in assets and $117.2 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1988, it held $182.9 million. The FDIC estimates that the Resolution Trust Corporation lost $6,444 on it.
1984-031990-09
Assets at the end$133.5 millionlast report before December 14, 1990
Deposits at the end$117.2 million
Estimated loss to the fund$6,444RTC
Largest in the quarterly reports$182.9 millionMarch 31, 1988
Equity to assets-2.9%September 30, 1990
Loans not being repaid0.8%noncurrent, September 30, 1990
Return on assets-0.15%a year's rate, September 30, 1990
Staff42full time, September 30, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.