The Graveyard › Banks › 1992
Riverhead Savings Bank
Riverhead, NY · failed June 12, 1992 · FDIC certificate 16033
Riverhead Savings Bank of Riverhead, NY failed on June 12, 1992. It opened on May 31, 1872, 120 years before. At its last report before that it held $388.8 million in assets and $316.6 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $424.3 million. The FDIC estimates that the Bank Insurance Fund lost $0 on it.
1984-031992-03
Assets at the end$388.8 millionlast report before June 12, 1992
Deposits at the end$316.6 million
Estimated loss to the fund$0BIF
Largest in the quarterly reports$424.3 millionJune 30, 1984
Equity to assets7.8%March 31, 1992
Loans not being repaid10.6%noncurrent, March 31, 1992
Return on assets-0.41%a year's rate, March 31, 1992
Staff41full 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.