Olympic International Bank and Trust Company
Boston, MA · Owner: USA Bcorp Inc
$140M
total assets, March 31, 1992
$140M
total assets, March 31, 1992
Olympic International Bank and Trust Company was a state nonmember bank in Boston, MA, owned by USA Bcorp Inc. It failed on Jun 26, 1992, and Haymarket Coop Bank took over its deposits. At its last report it held $140.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1992
This bank failed
- Failed on
- Jun 26, 1992
- Assets
- $140M
- Deposits
- $142M
- Estimated cost
- $69.2M
- Deposits went to
- Haymarket Coop Bank, Boston, MA
Total assets
$140M
-20.0% in a year · -4.5% in a quarter
Deposits
$142M
-7.0% in a year · -0.8% in a quarter
Loans
$105M
-19.8% in a year · -5.5% in a quarter
Profit so far
-$2.8M
Jan 1 to Mar 31, 1992
Capital ratio
-1.93%
-11.80 pts in a year
Return on assets
-7.85%
-5.86 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 303 Congress Street, Boston, MA, 02210
- County
- Suffolk
- Holding company
- USA Bcorp Inc
- Established
- Mar 14, 1985
- Failed
- Jun 26, 1992
- Employees
- 32
- Id
- b25918
Quarter by quarter
March 31, 1985 to March 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 Olympic International Bank and Trust Company?
$140.3 million in total assets and $142.3 million in deposits as of March 31, 1992, with assets down 20.0% from a year before. Its loans were $104.6 million.
Is Olympic International Bank and Trust Company profitable?
No: it lost $2.82 million from January 1 to March 31, 1992. Its return on assets was -7.85% a year; about 1% is typical.
Who owns Olympic International Bank and Trust Company?
Olympic International Bank and Trust Company is owned by USA Bcorp Inc, its holding company.
When did Olympic International Bank and Trust Company fail?
Jun 26, 1992. Haymarket Coop Bank of Boston, MA took over its deposits. The estimated cost of the failure was $69.2 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.