Saybrook Bank and Trust Co.
Old Saybrook, CT · Owner: SBT Corp
$77.3M
total assets, September 30, 1991
$77.3M
total assets, September 30, 1991
Saybrook Bank and Trust Co. was a state nonmember bank in Old Saybrook, CT, owned by SBT Corp. It failed on Dec 6, 1991, and The New Haven Savings Bank took over its deposits. At its last report it held $77.3 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1991
This bank failed
- Failed on
- Dec 6, 1991
- Assets
- $77.3M
- Deposits
- $78.4M
- Estimated cost
- $18.7M
- Deposits went to
- The New Haven Savings Bank, New Haven, CT
Total assets
$77.3M
-17.6% in a year · -5.5% in a quarter
Deposits
$78.4M
-10.5% in a year · -6.1% in a quarter
Loans
$63.3M
-21.2% in a year · -6.2% in a quarter
Profit so far
-$7.7M
Jan 1 to Sep 30, 1991
Capital ratio
-4.57%
-9.96 pts in a year
Return on assets
-12.23%
-8.56 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 20 Main Street, Old Saybrook, CT, 06475
- County
- Middlesex
- Holding company
- SBT Corp
- Established
- May 12, 1984
- Failed
- Dec 6, 1991
- Employees
- 40
- Id
- b25128
Quarter by quarter
June 30, 1984 to September 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 Saybrook Bank and Trust Co.?
$77.3 million in total assets and $78.4 million in deposits as of September 30, 1991, with assets down 17.6% from a year before. Its loans were $63.3 million.
Is Saybrook Bank and Trust Co. profitable?
No: it lost $7.74 million from January 1 to September 30, 1991. Its return on assets was -12.23% a year; about 1% is typical.
Who owns Saybrook Bank and Trust Co.?
Saybrook Bank and Trust Co. is owned by SBT Corp, its holding company.
When did Saybrook Bank and Trust Co. fail?
Dec 6, 1991. The New Haven Savings Bank of New Haven, CT took over its deposits. The estimated cost of the failure was $18.7 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.