$256M
total assets, December 31, 1992
Jefferson National Bank was a national bank in Watertown, NY. It failed on Feb 26, 1993, and Fleet Bank Of New York took over its deposits. At its last report it held $256.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1992
This bank failed
- Failed on
- Feb 26, 1993
- Assets
- $256M
- Deposits
- $249M
- Estimated cost
- $43.5M
- Deposits went to
- Fleet Bank Of New York, Albany, NY
Total assets
$256M
-6.8% in a year · -0.1% in a quarter
Deposits
$249M
-1.8% in a year · +4.8% in a quarter
Loans
$181M
-6.3% in a year · -6.6% in a quarter
Profit so far
-$13.2M
Jan 1 to Dec 31, 1992 · -1890.3% in a year
Capital ratio
1.53%
-4.69 pts in a year
Return on assets
-4.95%
-5.23 pts in a year
Facts
- Type
- National bank
- Head office
- 1125 Arsenal Street, Watertown, NY, 13601
- County
- Jefferson
- Established
- Jan 1, 1929
- Failed
- Feb 26, 1993
- Employees
- 203
- Id
- b7135
Quarter by quarter
March 31, 1984 to December 31, 1992
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 Jefferson National Bank?
$256.0 million in total assets and $248.7 million in deposits as of December 31, 1992, with assets down 6.8% from a year before. Its loans were $181.4 million.
Is Jefferson National Bank profitable?
No: it lost $13.2 million from January 1 to December 31, 1992. Its return on assets was -4.95% a year; about 1% is typical.
When did Jefferson National Bank fail?
Feb 26, 1993. Fleet Bank Of New York of Albany, NY took over its deposits. The estimated cost of the failure was $43.5 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.