The First National Bank of Marlboro
Marlborough, MA
$60.7M
total assets, September 30, 1986
$60.7M
total assets, September 30, 1986
The First National Bank of Marlboro was a national bank in Marlborough, MA. It failed on Jan 23, 1987, and Worcester Cnty Inst For took over its deposits. At its last report it held $60.7 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1986
This bank failed
- Failed on
- Jan 23, 1987
- Assets
- $60.7M
- Deposits
- $55.9M
- Estimated cost
- $18.7M
- Deposits went to
- Worcester Cnty Inst For, Worcester, MA
Total assets
$60.7M
+26.9% in a year · +2.1% in a quarter
Deposits
$55.9M
+26.3% in a year · +2.6% in a quarter
Loans
$45.6M
+43.6% in a year · +9.4% in a quarter
Profit so far
$709K
Jan 1 to Sep 30, 1986 · +21.4% in a year
Capital ratio
5.44%
-0.43 pts in a year
Return on assets
1.75%
-0.22 pts in a year
Facts
- Type
- National bank
- Head office
- 200 Main Street, Marlborough, MA, 01752
- County
- Middlesex
- Established
- Jan 1, 1863
- Failed
- Jan 23, 1987
- Employees
- 38
- Id
- b2609
Quarter by quarter
March 31, 1984 to September 30, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 11
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The First National Bank of Marlboro?
$60.7 million in total assets and $55.9 million in deposits as of September 30, 1986, with assets up 26.9% from a year before. Its loans were $45.6 million.
Is The First National Bank of Marlboro profitable?
Yes: it earned $709,000 from January 1 to September 30, 1986 (up 21.4% from the same months a year before). Its return on assets was 1.75% a year; about 1% is typical.
When did The First National Bank of Marlboro fail?
Jan 23, 1987. Worcester Cnty Inst For of Worcester, MA 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.