The Graveyard › Banks › 1991
Whitney Bank and Trust
Hamden, CT · failed April 12, 1991 · FDIC certificate 27315
Whitney Bank and Trust of Hamden, CT failed on April 12, 1991. It opened on August 12, 1988, 2 years before. At its last report before that it held $40.6 million in assets and $49.2 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1990, it held $56.2 million. The FDIC estimates that the Bank Insurance Fund lost $29.6 million on it.
1988-091990-12
Assets at the end$40.6 millionlast report before April 12, 1991
Deposits at the end$49.2 million
Estimated loss to the fund$29.6 millionBIF
Largest in the quarterly reports$56.2 millionJune 30, 1990
Equity to assets-22.3%December 31, 1990
Loans not being repaid17.0%noncurrent, December 31, 1990
Return on assets-29.25%a year's rate, December 31, 1990
Staff22full 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.