$238M
total assets, March 31, 1992
Coastal Savings Bank, FSB was a savings bank in New London, CT. It failed on Jun 19, 1992, and Branch Sale took over its deposits. At its last report it held $238.2 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1992
This bank failed
- Failed on
- Jun 19, 1992
- Assets
- $238M
- Deposits
- $224M
- Estimated cost
- $5.9M
- Deposits went to
- Branch Sale, None, NA
Total assets
$238M
-7.6% in a year · -2.4% in a quarter
Deposits
$224M
-2.6% in a year · -1.6% in a quarter
Loans
$187M
-8.4% in a year · -4.9% in a quarter
Profit so far
-$843K
Jan 1 to Mar 31, 1992
Capital ratio
1.35%
-1.61 pts in a year
Return on assets
-1.40%
-1.07 pts in a year
Facts
- Type
- Savings bank
- Head office
- 15 Masonic St, New London, CT, 06320
- County
- New London
- Established
- Oct 17, 1935
- Failed
- Jun 19, 1992
- Employees
- 116
- Id
- b29541
Quarter by quarter
March 31, 1984 to March 31, 1992
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 Coastal Savings Bank, FSB?
$238.2 million in total assets and $224.5 million in deposits as of March 31, 1992, with assets down 7.6% from a year before. Its loans were $186.6 million.
Is Coastal Savings Bank, FSB profitable?
No: it lost $843,000 from January 1 to March 31, 1992. Its return on assets was -1.40% a year; about 1% is typical.
When did Coastal Savings Bank, FSB fail?
Jun 19, 1992. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $5.89 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.