The Graveyard › Banks › 1991
The Private Bank & Trust, Nation
Miami, FL · failed October 29, 1991 · FDIC certificate 26695
The Private Bank & Trust, Nation of Miami, FL failed on October 29, 1991. It opened on June 9, 1986, 5 years before. At its last report before that it held $4.3 million in assets. At its largest in the FDIC's quarterly reports, on June 30, 1990, it held $6.1 million. The FDIC estimates that the Bank Insurance Fund lost $1.5 million on it.
1986-061991-09
Assets at the end$4.3 millionlast report before October 29, 1991
Estimated loss to the fund$1.5 millionBIF
Largest in the quarterly reports$6.1 millionJune 30, 1990
Equity to assets52.2%September 30, 1991
Return on assets-56.66%a year's rate, September 30, 1991
Staff30full time, September 30, 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.