The Graveyard › Banks › 1992
Seacoast Savings Bank
Dover, NH · failed August 28, 1992 · FDIC certificate 18066
Seacoast Savings Bank of Dover, NH failed on August 28, 1992. It opened in 1901, 91 years before. At its last report before that it held $84.8 million in assets and $64.8 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1989, it held $111.3 million. The FDIC estimates that the Bank Insurance Fund lost $7.1 million on it.
1984-031992-06
Assets at the end$84.8 millionlast report before August 28, 1992
Deposits at the end$64.8 million
Estimated loss to the fund$7.1 millionBIF
Largest in the quarterly reports$111.3 millionSeptember 30, 1989
Equity to assets2.3%June 30, 1992
Loans not being repaid1.4%noncurrent, June 30, 1992
Return on assets-3.55%a year's rate, June 30, 1992
Staff47full time, June 30, 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.