Citytrust
Bridgeport, CT · Owner: Citytrust Bcorp Inc
$1.9B
total assets, June 30, 1991
$1.9B
total assets, June 30, 1991
Citytrust was a state nonmember bank in Bridgeport, CT, owned by Citytrust Bcorp Inc. It failed on Aug 9, 1991, and Chase Manhattan Bank Of Con took over its deposits. At its last report it held $1.9 billion in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Aug 9, 1991
- Assets
- $1.9B
- Deposits
- $1.8B
- Estimated cost
- $511M
- Deposits went to
- Chase Manhattan Bank Of Con, Bridgeport, CT
Total assets
$1.9B
-14.4% in a year · -6.8% in a quarter
Deposits
$1.8B
-12.6% in a year · -6.0% in a quarter
Loans
$1.4B
-19.4% in a year · -5.4% in a quarter
Profit so far
-$78.1M
Jan 1 to Jun 30, 1991
Capital ratio
-5.98%
-8.54 pts in a year
Return on assets
-7.74%
-5.54 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 961 Main Street, Bridgeport, CT, 06601
- County
- Fairfield
- Holding company
- Citytrust Bcorp Inc
- Established
- Sep 6, 1848
- Failed
- Aug 9, 1991
- Employees
- 952
- Id
- b2531
Quarter by quarter
March 31, 1984 to June 30, 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 Citytrust?
$1.9 billion in total assets and $1.8 billion in deposits as of June 30, 1991, with assets down 14.4% from a year before. Its loans were $1.4 billion.
Is Citytrust profitable?
No: it lost $78.1 million from January 1 to June 30, 1991. Its return on assets was -7.74% a year; about 1% is typical.
Who owns Citytrust?
Citytrust is owned by Citytrust Bcorp Inc, its holding company.
When did Citytrust fail?
Aug 9, 1991. Chase Manhattan Bank Of Con of Bridgeport, CT took over its deposits. The estimated cost of the failure was $511.1 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.