Coolidge Bank and Trust Company
Boston, MA · Owner: Bellevue Holding Corp
$321M
total assets, June 30, 1991
$321M
total assets, June 30, 1991
Coolidge Bank and Trust Company was a state nonmember bank in Boston, MA, owned by Bellevue Holding Corp. It failed on Oct 25, 1991, and Pioneer Financial, A Cooper took over its deposits. At its last report it held $321.2 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Oct 25, 1991
- Assets
- $321M
- Deposits
- $315M
- Estimated cost
- $85.7M
- Deposits went to
- Pioneer Financial, A Cooper, Malden, MA
Total assets
$321M
-13.0% in a year · -5.1% in a quarter
Deposits
$315M
-3.5% in a year · -1.3% in a quarter
Loans
$216M
-22.1% in a year · -6.8% in a quarter
Profit so far
-$19.5M
Jan 1 to Jun 30, 1991
Capital ratio
-1.67%
-8.42 pts in a year
Return on assets
-11.69%
-11.48 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 57-63 Franklin Street, Boston, MA, 02110
- County
- Suffolk
- Holding company
- Bellevue Holding Corp
- Established
- Dec 1, 1960
- Failed
- Oct 25, 1991
- Employees
- 166
- Id
- b18317
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 Coolidge Bank and Trust Company?
$321.2 million in total assets and $315.0 million in deposits as of June 30, 1991, with assets down 13.0% from a year before. Its loans were $216.2 million.
Is Coolidge Bank and Trust Company profitable?
No: it lost $19.5 million from January 1 to June 30, 1991. Its return on assets was -11.69% a year; about 1% is typical.
Who owns Coolidge Bank and Trust Company?
Coolidge Bank and Trust Company is owned by Bellevue Holding Corp, its holding company.
When did Coolidge Bank and Trust Company fail?
Oct 25, 1991. Pioneer Financial, A Cooper of Malden, MA took over its deposits. The estimated cost of the failure was $85.7 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.