Harbor National Bank of Connecticut
Branford, CT
$22.9M
total assets, June 30, 1991
$22.9M
total assets, June 30, 1991
Harbor National Bank of Connecticut was a national bank in Branford, CT. It failed on Oct 3, 1991, and The New Haven Savings Bank took over its deposits. At its last report it held $22.9 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Oct 3, 1991
- Assets
- $22.9M
- Deposits
- $22.8M
- Estimated cost
- $1.7M
- Deposits went to
- The New Haven Savings Bank, New Haven, CT
Total assets
$22.9M
-18.2% in a year · -1.9% in a quarter
Deposits
$22.8M
-13.2% in a year · +3.6% in a quarter
Loans
$16.2M
-26.8% in a year · -6.9% in a quarter
Profit so far
-$1.3M
Jan 1 to Jun 30, 1991 · -2258.3% in a year
Capital ratio
-0.37%
-5.38 pts in a year
Return on assets
-11.05%
-11.46 pts in a year
Facts
- Type
- National bank
- Head office
- Route 1 And Business Park, Branford, CT, 06405
- County
- New Haven
- Established
- Oct 14, 1986
- Failed
- Oct 3, 1991
- Employees
- 20
- Id
- b26815
Quarter by quarter
December 31, 1986 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 Harbor National Bank of Connecticut?
$22.9 million in total assets and $22.8 million in deposits as of June 30, 1991, with assets down 18.2% from a year before. Its loans were $16.2 million.
Is Harbor National Bank of Connecticut profitable?
No: it lost $1.29 million from January 1 to June 30, 1991. Its return on assets was -11.05% a year; about 1% is typical.
When did Harbor National Bank of Connecticut fail?
Oct 3, 1991. The New Haven Savings Bank of New Haven, CT took over its deposits. The estimated cost of the failure was $1.65 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.