$91.1M
total assets, March 31, 1991
Suburban National Bank was a national bank in Hillsborough, NJ. It failed on Jul 26, 1991, and Provident Savings Bank took over its deposits. At its last report it held $91.1 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- Jul 26, 1991
- Assets
- $91.1M
- Deposits
- $91.3M
- Estimated cost
- $27.8M
- Deposits went to
- Provident Savings Bank, Jersey City, NJ
Total assets
$91.1M
-16.2% in a year · -3.9% in a quarter
Deposits
$91.3M
-9.5% in a year · -1.0% in a quarter
Loans
$84.1M
-11.0% in a year · -4.2% in a quarter
Profit so far
-$2.5M
Jan 1 to Mar 31, 1991 · -5391.5% in a year
Capital ratio
-1.28%
-6.64 pts in a year
Return on assets
-10.71%
-10.88 pts in a year
Facts
- Type
- National bank
- Head office
- 32 New Amwell Road, Hillsborough, NJ, 08844
- County
- Somerset
- Established
- Jan 13, 1988
- Failed
- Jul 26, 1991
- Employees
- 34
- Id
- b27157
Quarter by quarter
March 31, 1988 to March 31, 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 Suburban National Bank?
$91.1 million in total assets and $91.3 million in deposits as of March 31, 1991, with assets down 16.2% from a year before. Its loans were $84.1 million.
Is Suburban National Bank profitable?
No: it lost $2.49 million from January 1 to March 31, 1991. Its return on assets was -10.71% a year; about 1% is typical.
When did Suburban National Bank fail?
Jul 26, 1991. Provident Savings Bank of Jersey City, NJ took over its deposits. The estimated cost of the failure was $27.8 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.