$409M
total assets, March 31, 1989
Guardian Bank, N.A. was a national bank in Hempstead, NY. It failed on Jun 21, 1989, and its insured deposits were paid out. At its last report it held $409.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- Jun 21, 1989
- Assets
- $409M
- Deposits
- $383M
- Estimated cost
- $204M
- Deposits went to
- payout
Total assets
$409M
-4.7% in a year · +0.5% in a quarter
Deposits
$383M
+2.9% in a year · +4.7% in a quarter
Loans
$14.5M
-12.5% in a year · -1.5% in a quarter
Profit so far
-$2.4M
Jan 1 to Mar 31, 1989
Capital ratio
0.94%
-0.37 pts in a year
Return on assets
-2.31%
+1.71 pts in a year
Facts
- Type
- National bank
- Head office
- 49 North Franklin Street, Hempstead, NY, 11550
- County
- Nassau
- Established
- May 1, 1972
- Failed
- Jun 21, 1989
- Employees
- 88
- Id
- b20681
Quarter by quarter
March 31, 1984 to March 31, 1989
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 Guardian Bank, N.A.?
$409.4 million in total assets and $383.0 million in deposits as of March 31, 1989, with assets down 4.7% from a year before. Its loans were $14.5 million.
Is Guardian Bank, N.A. profitable?
No: it lost $2.35 million from January 1 to March 31, 1989. Its return on assets was -2.31% a year; about 1% is typical.
When did Guardian Bank, N.A. fail?
Jun 21, 1989. The estimated cost of the failure was $203.6 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.