Community National Bank
Glastonbury, CT · Owner: Landmark Community Bcorp Inc
$85.4M
total assets, September 30, 1990
$85.4M
total assets, September 30, 1990
Community National Bank was a national bank in Glastonbury, CT, owned by Landmark Community Bcorp Inc. It failed on Jan 11, 1991, and Fleet Bank Of Connecticut took over its deposits. At its last report it held $85.4 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1990
This bank failed
- Failed on
- Jan 11, 1991
- Assets
- $85.4M
- Deposits
- $86.9M
- Estimated cost
- $26.6M
- Deposits went to
- Fleet Bank Of Connecticut, Hartford, CT
Total assets
$85.4M
-29.9% in a year · -12.9% in a quarter
Deposits
$86.9M
-23.2% in a year · -5.3% in a quarter
Loans
$76.3M
-6.2% in a year · -2.7% in a quarter
Profit so far
-$8.2M
Jan 1 to Sep 30, 1990
Capital ratio
-2.53%
-9.11 pts in a year
Return on assets
-11.18%
-8.96 pts in a year
Facts
- Type
- National bank
- Head office
- 2790 Main Street, Glastonbury, CT, 06033
- County
- Hartford
- Holding company
- Landmark Community Bcorp Inc
- Established
- Jul 15, 1985
- Failed
- Jan 11, 1991
- Employees
- 48
- Id
- b26302
Quarter by quarter
September 30, 1985 to September 30, 1990
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?
$85.4 million in total assets and $86.9 million in deposits as of September 30, 1990, with assets down 29.9% from a year before. Its loans were $76.3 million.
Is Community National Bank profitable?
No: it lost $8.23 million from January 1 to September 30, 1990. Its return on assets was -11.18% a year; about 1% is typical.
Who owns Community National Bank?
Community National Bank is owned by Landmark Community Bcorp Inc, its holding company.
When did Community National Bank fail?
Jan 11, 1991. Fleet Bank Of Connecticut of Hartford, CT took over its deposits. The estimated cost of the failure was $26.6 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.