The Graveyard › Banks › 1991
The McKinley Bank
Niles, OH · failed February 22, 1991 · FDIC certificate 27170
The McKinley Bank of Niles, OH failed on February 22, 1991. It opened in 1918, 73 years before. At its last report before that it held $70.6 million in assets and $65.6 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $90.0 million. The FDIC's list records no loss to the Bank Insurance Fund.
1987-121990-12
Assets at the end$70.6 millionlast report before February 22, 1991
Deposits at the end$65.6 million
Estimated loss to the fundnone recordedBIF
Largest in the quarterly reports$90.0 millionSeptember 30, 1988
Equity to assets1.4%December 31, 1990
Loans not being repaid6.4%noncurrent, December 31, 1990
Return on assets-4.08%a year's rate, December 31, 1990
Staff45full 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
- 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.