$9.9B
total assets, March 31, 1991
Goldome was a state savings bank in Buffalo, NY. It failed on May 31, 1991, and Key Bank Of Western New Yor took over its deposits. At its last report it held $9.9 billion in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- May 31, 1991
- Assets
- $9.9B
- Deposits
- $6.5B
- Estimated cost
- $779M
- Deposits went to
- Key Bank Of Western New Yor, Buffalo, NY
Total assets
$9.9B
-8.3% in a year · -0.2% in a quarter
Deposits
$6.5B
-17.9% in a year · -2.3% in a quarter
Loans
$5.3B
-3.5% in a year · -0.9% in a quarter
Profit so far
$10.1M
Jan 1 to Mar 31, 1991
Capital ratio
-4.59%
+0.33 pts in a year
Return on assets
0.41%
+1.28 pts in a year
Facts
- Type
- State savings bank
- Head office
- One Fountain Plaza, Fourth Floor, Buffalo, NY, 14203
- County
- Erie
- Established
- May 8, 1846
- Failed
- May 31, 1991
- Employees
- 2,421
- Id
- b15963
Quarter by quarter
March 31, 1984 to March 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 Goldome?
$9.9 billion in total assets and $6.5 billion in deposits as of March 31, 1991, with assets down 8.3% from a year before. Its loans were $5.3 billion.
Is Goldome profitable?
Yes: it earned $10.1 million from January 1 to March 31, 1991. Its return on assets was 0.41% a year; about 1% is typical.
When did Goldome fail?
May 31, 1991. Key Bank Of Western New Yor of Buffalo, NY took over its deposits. The estimated cost of the failure was $779.4 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.