The Graveyard › Banks › 1990
The Brooklyn Savings Bank
Danielson, CT · failed October 19, 1990 · FDIC certificate 18236
The Brooklyn Savings Bank of Danielson, CT failed on October 19, 1990. It opened in 1872, 118 years before. At its last report before that it held $130.9 million in assets and $93.8 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $152.0 million. The FDIC estimates that the Bank Insurance Fund lost $30.8 million on it.
1984-031990-06
Assets at the end$130.9 millionlast report before October 19, 1990
Deposits at the end$93.8 million
Estimated loss to the fund$30.8 millionBIF
Largest in the quarterly reports$152.0 millionJune 30, 1989
Equity to assets0.2%June 30, 1990
Loans not being repaid3.5%noncurrent, June 30, 1990
Return on assets0.01%a year's rate, June 30, 1990
Staff50full time, June 30, 1990
Also ended in 1990
- Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
- Franklin Fsa · Ottawa · $9.3 billion in assets
- Centrust Bank, SB · Miami, FL · $8.2 billion in assets
- Empire of America FSB · Buffalo, NY · $8.2 billion in assets
- Merabank FSB · Phoenix, AZ · $6.3 billion in assets
- Southwest Savings Association · Dallas, TX · $5.3 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.