Boston Trade Bank
Boston, MA · Owner: BTB Corp
$307M
total assets, March 31, 1991
$307M
total assets, March 31, 1991
Boston Trade Bank was a state nonmember bank in Boston, MA, owned by BTB Corp. It failed on May 3, 1991, and The First National Bank Of took over its deposits. At its last report it held $307.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- May 3, 1991
- Assets
- $307M
- Deposits
- $302M
- Estimated cost
- $127M
- Deposits went to
- The First National Bank Of, Boston, MA
Total assets
$307M
-12.8% in a year · -4.0% in a quarter
Deposits
$302M
-8.8% in a year · -7.7% in a quarter
Loans
$295M
-0.8% in a year · -3.3% in a quarter
Profit so far
-$514K
Jan 1 to Mar 31, 1991
Capital ratio
-3.68%
-7.95 pts in a year
Return on assets
-0.66%
+10.06 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 10 Post Office Square, Boston, MA, 02109
- County
- Suffolk
- Holding company
- BTB Corp
- Established
- Oct 3, 1986
- Failed
- May 3, 1991
- Employees
- 52
- Id
- b26791
Quarter by quarter
December 31, 1986 to March 31, 1991
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Boston Trade Bank?
$307.0 million in total assets and $301.5 million in deposits as of March 31, 1991, with assets down 12.8% from a year before. Its loans were $295.5 million.
Is Boston Trade Bank profitable?
No: it lost $514,000 from January 1 to March 31, 1991. Its return on assets was -0.66% a year; about 1% is typical.
Who owns Boston Trade Bank?
Boston Trade Bank is owned by BTB Corp, its holding company.
When did Boston Trade Bank fail?
May 3, 1991. The First National Bank Of of Boston, MA took over its deposits. The estimated cost of the failure was $127.3 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.