The Graveyard › Banks › 1992

The Bank of The Brandywine Valley

West Chester, PA · failed February 21, 1992 · FDIC certificate 27309

The Bank of The Brandywine Valley of West Chester, PA failed on February 21, 1992. It opened on August 1, 1988, 3 years before. At its last report before that it held $44.9 million in assets and $47.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1991, it held $50.5 million. The FDIC estimates that the Bank Insurance Fund lost $12.1 million on it.

1988-091991-12

Assets at the end$44.9 millionlast report before February 21, 1992

Deposits at the end$47.3 million

Estimated loss to the fund$12.1 millionBIF

Largest in the quarterly reports$50.5 millionSeptember 30, 1991

Equity to assets-7.1%December 31, 1991

Loans not being repaid2.3%noncurrent, December 31, 1991

Return on assets-17.03%a year's rate, December 31, 1991

Staff15full time, December 31, 1991

On the FDIC's list: THE BANK OF BRANDYWINE VALLEY.

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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.