The Graveyard › Banks › 1992
Transohio, FSB
Cleveland, OH · failed July 10, 1992 · FDIC certificate 28387
Transohio, FSB of Cleveland, OH failed on July 10, 1992. It opened in 1891, 101 years before. At its last report before that it held $3.4 billion in assets and $2.4 billion in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $6.5 billion. The FDIC estimates that the Resolution Trust Corporation lost $52.1 million on it.
1984-031992-06
Assets at the end$3.4 billionlast report before July 10, 1992
Deposits at the end$2.4 billion
Estimated loss to the fund$52.1 millionRTC
Largest in the quarterly reports$6.5 billionSeptember 30, 1988
Equity to assets-0.5%June 30, 1992
Loans not being repaid7.7%noncurrent, June 30, 1992
Return on assets-0.90%a year's rate, June 30, 1992
Staff929full time, June 30, 1992
Also ended in 1992
- Homefed Bank, FA · San Diego, CA · $12.2 billion in assets
- Crossland Savings Bank, FSB · Brooklyn, NY · $7.4 billion in assets
- Carteret FSB · Madison, NJ · $4.8 billion in assets
- Meritor Savings Bank · Philadelphia, PA · $4.1 billion in assets
- Dollar Dry Dock Bank · White Plains, NY · $4.0 billion in assets
- The Howard Savings Bank · Newark, NJ · $3.5 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.