The Graveyard › Banks › 1992
Standard FSB
Gaithersburg, MD · failed October 21, 1992 · FDIC certificate 31543
Standard FSB of Gaithersburg, MD failed on October 21, 1992. It opened in 1966, 26 years before. At its last report before that it held $1.7 billion in assets and $1.5 billion in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1992, it held $1.9 billion. The FDIC estimates that the Resolution Trust Corporation lost $527.6 million on it.
1984-031992-09
Assets at the end$1.7 billionlast report before October 21, 1992
Deposits at the end$1.5 billion
Estimated loss to the fund$527.6 millionRTC
Largest in the quarterly reports$1.9 billionMarch 31, 1992
Equity to assets-0.6%September 30, 1992
Loans not being repaid1.0%noncurrent, September 30, 1992
Return on assets-4.31%a year's rate, September 30, 1992
Staff1,429full time, September 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.