$35.7M
total assets, December 31, 1991
Colony Savings Bank was a state savings bank in Wallingford, CT. It failed on Feb 28, 1992, and New Haven Savings Bank took over its deposits. At its last report it held $35.7 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1991
This bank failed
- Failed on
- Feb 28, 1992
- Assets
- $35.7M
- Deposits
- $32.8M
- Estimated cost
- $5.7M
- Deposits went to
- New Haven Savings Bank, New Haven, CT
Total assets
$35.7M
-1.1% in a year · -3.4% in a quarter
Deposits
$32.8M
+1.8% in a year · -2.9% in a quarter
Loans
$23.5M
-12.2% in a year · -3.1% in a quarter
Profit so far
-$806K
Jan 1 to Dec 31, 1991
Capital ratio
0.11%
-1.97 pts in a year
Return on assets
-2.18%
+1.98 pts in a year
Facts
- Type
- State savings bank
- Head office
- 909 North Colony Road, Wallingford, CT, 06492
- County
- New Haven
- Established
- Sep 12, 1985
- Failed
- Feb 28, 1992
- Employees
- 16
- Id
- b26364
Quarter by quarter
September 30, 1985 to December 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 Colony Savings Bank?
$35.7 million in total assets and $32.8 million in deposits as of December 31, 1991, with assets down 1.1% from a year before. Its loans were $23.5 million.
Is Colony Savings Bank profitable?
No: it lost $806,000 from January 1 to December 31, 1991. Its return on assets was -2.18% a year; about 1% is typical.
When did Colony Savings Bank fail?
Feb 28, 1992. New Haven Savings Bank of New Haven, CT took over its deposits. The estimated cost of the failure was $5.66 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.