Maine Savings Bank
Portland, ME · Owner: One Bcorp the
$1.2B
total assets, December 31, 1990
$1.2B
total assets, December 31, 1990
Maine Savings Bank was a state savings bank in Portland, ME, owned by One Bcorp the. It failed on Feb 1, 1991, and Fleet Bank Of Maine took over its deposits. At its last report it held $1.2 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Feb 1, 1991
- Assets
- $1.2B
- Deposits
- $1.2B
- Estimated cost
- $184M
- Deposits went to
- Fleet Bank Of Maine, Portland, ME
Total assets
$1.2B
-22.3% in a year · -18.4% in a quarter
Deposits
$1.2B
-15.8% in a year · -13.5% in a quarter
Loans
$855M
-29.0% in a year · -7.4% in a quarter
Profit so far
-$91.9M
Jan 1 to Dec 31, 1990
Capital ratio
-7.14%
-5.60 pts in a year
Return on assets
-6.41%
+1.29 pts in a year
Facts
- Type
- State savings bank
- Head office
- One Maine Savings Plaza, Portland, ME, 04104
- County
- Cumberland
- Holding company
- One Bcorp the
- Established
- Jan 1, 1859
- Failed
- Feb 1, 1991
- Employees
- 496
- Id
- b17721
Quarter by quarter
March 31, 1984 to December 31, 1990
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 Maine Savings Bank?
$1.2 billion in total assets and $1.2 billion in deposits as of December 31, 1990, with assets down 22.3% from a year before. Its loans were $855.4 million.
Is Maine Savings Bank profitable?
No: it lost $91.9 million from January 1 to December 31, 1990. Its return on assets was -6.41% a year; about 1% is typical.
Who owns Maine Savings Bank?
Maine Savings Bank is owned by One Bcorp the, its holding company.
When did Maine Savings Bank fail?
Feb 1, 1991. Fleet Bank Of Maine of Portland, ME took over its deposits. The estimated cost of the failure was $184.2 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.