The Blackstone Bank and Trust Company
Boston, MA
$49.3M
total assets, December 31, 1990
$49.3M
total assets, December 31, 1990
The Blackstone Bank and Trust Company was a state nonmember bank in Boston, MA. It failed on Mar 15, 1991, and Baybank Boston, N.a. took over its deposits. At its last report it held $49.3 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Mar 15, 1991
- Assets
- $49.3M
- Deposits
- $48.4M
- Estimated cost
- $15.2M
- Deposits went to
- Baybank Boston, N.a., Boston, MA
Total assets
$49.3M
-16.6% in a year · -12.3% in a quarter
Deposits
$48.4M
-13.7% in a year · -12.0% in a quarter
Loans
$40.7M
-9.9% in a year · -10.3% in a quarter
Profit so far
-$1.9M
Jan 1 to Dec 31, 1990
Capital ratio
-0.13%
-3.02 pts in a year
Return on assets
-3.36%
+2.34 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 321 Columbus Avenue, Boston, MA, 02116
- County
- Suffolk
- Established
- Jul 20, 1987
- Failed
- Mar 15, 1991
- Employees
- 10
- Id
- b27003
Quarter by quarter
September 30, 1987 to December 31, 1990
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 The Blackstone Bank and Trust Company?
$49.3 million in total assets and $48.4 million in deposits as of December 31, 1990, with assets down 16.6% from a year before. Its loans were $40.7 million.
Is The Blackstone Bank and Trust Company profitable?
No: it lost $1.91 million from January 1 to December 31, 1990. Its return on assets was -3.36% a year; about 1% is typical.
When did The Blackstone Bank and Trust Company fail?
Mar 15, 1991. Baybank Boston, N.a. of Boston, MA took over its deposits. The estimated cost of the failure was $15.2 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.