$114M
total assets, March 31, 1992
The Somersworth Bank was a state nonmember bank in Somersworth, NH. It failed on Jun 26, 1992, and New Dartmouth Bank took over its deposits. At its last report it held $114.1 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1992
This bank failed
- Failed on
- Jun 26, 1992
- Assets
- $114M
- Deposits
- $113M
- Estimated cost
- $18.4M
- Deposits went to
- New Dartmouth Bank, Manchester, NH
Total assets
$114M
-23.5% in a year · -0.9% in a quarter
Deposits
$113M
-19.1% in a year · -1.6% in a quarter
Loans
$91.7M
-21.9% in a year · -2.5% in a quarter
Profit so far
$700K
Jan 1 to Mar 31, 1992
Capital ratio
0.15%
-4.43 pts in a year
Return on assets
2.44%
+5.50 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- One John Parsons Drive, Somersworth, NH, 03878
- County
- Strafford
- Established
- Jan 1, 1865
- Failed
- Jun 26, 1992
- Employees
- 25
- Id
- b6251
Quarter by quarter
March 31, 1984 to March 31, 1992
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 Somersworth Bank?
$114.1 million in total assets and $113.5 million in deposits as of March 31, 1992, with assets down 23.5% from a year before. Its loans were $91.7 million.
Is The Somersworth Bank profitable?
Yes: it earned $700,000 from January 1 to March 31, 1992. Its return on assets was 2.44% a year; about 1% is typical.
When did The Somersworth Bank fail?
Jun 26, 1992. New Dartmouth Bank of Manchester, NH took over its deposits. The estimated cost of the failure was $18.4 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.