MidCounty Bank and Trust Company
Norwood, MA
$62.1M
total assets, June 30, 1991
$62.1M
total assets, June 30, 1991
MidCounty Bank and Trust Company was a state nonmember bank in Norwood, MA. It failed on Sep 27, 1991, and Dedham Institution For Savi took over its deposits. At its last report it held $62.1 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Sep 27, 1991
- Assets
- $62.1M
- Deposits
- $58.2M
- Estimated cost
- $12.4M
- Deposits went to
- Dedham Institution For Savi, Dedham, MA
Total assets
$62.1M
+2.7% in a year · -0.6% in a quarter
Deposits
$58.2M
+5.5% in a year · +1.0% in a quarter
Loans
$51.2M
+7.9% in a year · -1.2% in a quarter
Profit so far
-$118K
Jan 1 to Jun 30, 1991
Capital ratio
3.77%
-2.21 pts in a year
Return on assets
-0.38%
+0.06 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 157 Central Street, Norwood, MA, 02062
- County
- Norfolk
- Established
- Nov 7, 1986
- Failed
- Sep 27, 1991
- Employees
- 12
- Id
- b26843
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 MidCounty Bank and Trust Company?
$62.1 million in total assets and $58.2 million in deposits as of June 30, 1991, with assets up 2.7% from a year before. Its loans were $51.2 million.
Is MidCounty Bank and Trust Company profitable?
No: it lost $118,000 from January 1 to June 30, 1991. Its return on assets was -0.38% a year; about 1% is typical.
When did MidCounty Bank and Trust Company fail?
Sep 27, 1991. Dedham Institution For Savi of Dedham, MA took over its deposits. The estimated cost of the failure was $12.4 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.