The Graveyard › Banks › 1991
The Connecticut Bank & Trust Co
Hartford, CT · failed January 6, 1991 · FDIC certificate 2545
The Connecticut Bank & Trust Co of Hartford, CT failed on January 6, 1991. At its last report before that it held $7.2 billion in assets and $6.9 billion in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $10.4 billion. The FDIC estimates that the Bank Insurance Fund lost $151.1 million on it.
1984-031990-12
Assets at the end$7.2 billionlast report before January 6, 1991
Deposits at the end$6.9 billion
Estimated loss to the fund$151.1 millionBIF
Largest in the quarterly reports$10.4 billionJune 30, 1989
Equity to assets1.9%December 31, 1990
Loans not being repaid13.9%noncurrent, December 31, 1990
Return on assets-1.30%a year's rate, December 31, 1990
Staff3,709full time, December 31, 1990
Also ended in 1991
- Bank of New England, National Association · Boston, MA · $13.4 billion in assets
- Southeast Bank, National Association · Miami, FL · $11.0 billion in assets
- Goldome · Buffalo, NY · $9.9 billion in assets
- Great American Fsa · San Diego, CA · $9.5 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 billion in assets
- Columbia Savings and Loan Association · Beverly Hills, CA · $5.4 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.