Nashua Trust Company
Nashua, NH · Owner: Amoskeag Bank Shares Inc
$425M
total assets, June 30, 1991
$425M
total assets, June 30, 1991
Nashua Trust Company was a state nonmember bank in Nashua, NH, owned by Amoskeag Bank Shares Inc. It failed on Oct 10, 1991, and First NH Bank took over its deposits. At its last report it held $425.1 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Oct 10, 1991
- Assets
- $425M
- Deposits
- $397M
- Estimated cost
- $35.5M
- Deposits went to
- First NH Bank, Concord, NH
Total assets
$425M
-14.2% in a year · -3.7% in a quarter
Deposits
$397M
-9.6% in a year · -4.8% in a quarter
Loans
$334M
-18.6% in a year · -5.2% in a quarter
Profit so far
-$9.9M
Jan 1 to Jun 30, 1991
Capital ratio
1.91%
-4.32 pts in a year
Return on assets
-4.44%
-3.68 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 194 Main Street, Nashua, NH, 03060
- County
- Hillsborough
- Holding company
- Amoskeag Bank Shares Inc
- Established
- Aug 16, 1889
- Failed
- Oct 10, 1991
- Employees
- 222
- Id
- b11486
Quarter by quarter
March 31, 1984 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 Nashua Trust Company?
$425.1 million in total assets and $397.0 million in deposits as of June 30, 1991, with assets down 14.2% from a year before. Its loans were $333.5 million.
Is Nashua Trust Company profitable?
No: it lost $9.89 million from January 1 to June 30, 1991. Its return on assets was -4.44% a year; about 1% is typical.
Who owns Nashua Trust Company?
Nashua Trust Company is owned by Amoskeag Bank Shares Inc, its holding company.
When did Nashua Trust Company fail?
Oct 10, 1991. First NH Bank of Concord, NH took over its deposits. The estimated cost of the failure was $35.5 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.