Community National Bank and Trust Company of New York
New York City, NY · Owner: Community National Bcorp Inc
$334M
total assets, September 30, 1991
$334M
total assets, September 30, 1991
Community National Bank and Trust Company of New York was a national bank in New York City, NY, owned by Community National Bcorp Inc. It failed on Nov 7, 1991, and Chemical Bank took over its deposits. At its last report it held $333.8 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1991
This bank failed
- Failed on
- Nov 7, 1991
- Assets
- $334M
- Deposits
- $354M
- Estimated cost
- $95.9M
- Deposits went to
- Chemical Bank, New York, NY
Total assets
$334M
-15.8% in a year · -8.8% in a quarter
Deposits
$354M
-3.2% in a year · +0.3% in a quarter
Loans
$289M
-13.2% in a year · -5.8% in a quarter
Profit so far
-$36.2M
Jan 1 to Sep 30, 1991
Capital ratio
-7.15%
-12.63 pts in a year
Return on assets
-12.99%
-11.97 pts in a year
Facts
- Type
- National bank
- Head office
- 3155 Amboy Road, New York City, NY, 10306
- County
- Richmond
- Holding company
- Community National Bcorp Inc
- Established
- Nov 17, 1965
- Failed
- Nov 8, 1991
- Employees
- 239
- Id
- b19519
Quarter by quarter
March 31, 1984 to September 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 Community National Bank and Trust Company of New York?
$333.8 million in total assets and $354.2 million in deposits as of September 30, 1991, with assets down 15.8% from a year before. Its loans were $288.8 million.
Is Community National Bank and Trust Company of New York profitable?
No: it lost $36.2 million from January 1 to September 30, 1991. Its return on assets was -12.99% a year; about 1% is typical.
Who owns Community National Bank and Trust Company of New York?
Community National Bank and Trust Company of New York is owned by Community National Bcorp Inc, its holding company.
When did Community National Bank and Trust Company of New York fail?
Nov 7, 1991. Chemical Bank of New York, NY took over its deposits. The estimated cost of the failure was $95.9 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.