Suffield Bank
Suffield, CT · Owner: Suffield Financial Corp
$295M
total assets, June 30, 1991
$295M
total assets, June 30, 1991
Suffield Bank was a state savings bank in Suffield, CT, owned by Suffield Financial Corp. It failed on Sep 6, 1991, and First Federal Bank, FSB took over its deposits. At its last report it held $294.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Sep 6, 1991
- Assets
- $295M
- Deposits
- $257M
- Estimated cost
- $83.6M
- Deposits went to
- First Federal Bank, FSB, Waterbury, CT
Total assets
$295M
-9.1% in a year · -5.3% in a quarter
Deposits
$257M
-2.4% in a year · -2.4% in a quarter
Loans
$227M
-15.7% in a year · -4.9% in a quarter
Profit so far
-$8.0M
Jan 1 to Jun 30, 1991
Capital ratio
-1.21%
-4.44 pts in a year
Return on assets
-5.25%
-2.81 pts in a year
Facts
- Type
- State savings bank
- Head office
- 66 North Main Street, Suffield, CT, 06078
- County
- Hartford
- Holding company
- Suffield Financial Corp
- Established
- Jun 19, 1869
- Failed
- Sep 6, 1991
- Employees
- 112
- Id
- b18242
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 Suffield Bank?
$294.8 million in total assets and $257.0 million in deposits as of June 30, 1991, with assets down 9.1% from a year before. Its loans were $227.4 million.
Is Suffield Bank profitable?
No: it lost $8.01 million from January 1 to June 30, 1991. Its return on assets was -5.25% a year; about 1% is typical.
Who owns Suffield Bank?
Suffield Bank is owned by Suffield Financial Corp, its holding company.
When did Suffield Bank fail?
Sep 6, 1991. First Federal Bank, FSB of Waterbury, CT took over its deposits. The estimated cost of the failure was $83.6 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.