The Graveyard › Banks › 1994
The Bank of Hartford
Hartford, CT · failed June 10, 1994 · FDIC certificate 26909
The Bank of Hartford of Hartford, CT failed on June 10, 1994. It opened on February 1, 1933, 61 years before. At its last report before that it held $321.5 million in assets and $276.0 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1989, it held $438.7 million. The FDIC estimates that the Bank Insurance Fund lost $13.8 million on it.
1987-031994-03
Assets at the end$321.5 millionlast report before June 10, 1994
Deposits at the end$276.0 million
Estimated loss to the fund$13.8 millionBIF
Largest in the quarterly reports$438.7 millionMarch 31, 1989
Equity to assets-1.2%March 31, 1994
Loans not being repaid3.2%noncurrent, March 31, 1994
Return on assets-1.25%a year's rate, March 31, 1994
Staff90full time, March 31, 1994
Also ended in 1994
- Ludlow Savings Bank · Ludlow, MA · $222.7 million in assets
- Bank of Newport · Newport Beach, CA · $167.8 million in assets
- Mechanics National Bank · Paramount, CA · $148.7 million in assets
- CommerceBank · Newport Beach, CA · $142.3 million in assets
- Pioneer Bank · Fullerton, CA · $133.3 million in assets
- Bank of San Pedro · Los Angeles, CA · $132.6 million 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.