The Graveyard › Banks › 1992
Sentinel Bank
Hartford, CT · failed January 31, 1992 · FDIC certificate 27000
Sentinel Bank of Hartford, CT failed on January 31, 1992. It opened on July 20, 1987, 4 years before. At its last report before that it held $74.8 million in assets and $73.5 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1989, it held $97.0 million. The FDIC estimates that the Bank Insurance Fund lost $27.5 million on it.
1987-091991-09
Assets at the end$74.8 millionlast report before January 31, 1992
Deposits at the end$73.5 million
Estimated loss to the fund$27.5 millionBIF
Largest in the quarterly reports$97.0 millionSeptember 30, 1989
Equity to assets1.0%September 30, 1991
Loans not being repaid12.1%noncurrent, September 30, 1991
Return on assets-1.32%a year's rate, September 30, 1991
Staff25full time, September 30, 1991
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.