The Graveyard › Banks › 1991
The Housatonic Bank & Trust Co
Ansonia, CT · failed July 26, 1991 · FDIC certificate 22325
The Housatonic Bank & Trust Co of Ansonia, CT failed on July 26, 1991. It opened on August 30, 1976, 14 years before. At its last report before that it held $69.1 million in assets and $64.1 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1989, it held $94.6 million. The FDIC estimates that the Bank Insurance Fund lost $13.4 million on it.
1984-031991-03
Assets at the end$69.1 millionlast report before July 26, 1991
Deposits at the end$64.1 million
Estimated loss to the fund$13.4 millionBIF
Largest in the quarterly reports$94.6 millionSeptember 30, 1989
Equity to assets0.6%March 31, 1991
Loans not being repaid18.2%noncurrent, March 31, 1991
Return on assets-2.29%a year's rate, March 31, 1991
Staff30full time, March 31, 1991
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
- The Connecticut Bank & Trust Co · Hartford, CT · $7.2 billion in assets
- Sunbelt Savings · Irving, TX · $6.0 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.