The Washington Bank (of Maryland)
Baltimore, MD · Owner: Washington Natl Holdings NV
$39.0M
total assets, March 31, 1991
$39.0M
total assets, March 31, 1991
The Washington Bank (of Maryland) was a state member bank in Baltimore, MD, owned by Washington Natl Holdings NV. It failed on May 10, 1991, and The First National Bank Of took over its deposits. At its last report it held $39.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- May 10, 1991
- Assets
- $39.0M
- Deposits
- $39.0M
- Estimated cost
- $968K
- Deposits went to
- The First National Bank Of, Baltimore, MD
Total assets
$39.0M
-44.0% in a year · -11.6% in a quarter
Deposits
$39.0M
-39.2% in a year · -5.9% in a quarter
Loans
$34.8M
-26.9% in a year · -8.7% in a quarter
Profit so far
-$2.5M
Jan 1 to Mar 31, 1991 · -8496.7% in a year
Capital ratio
-2.75%
-9.02 pts in a year
Return on assets
-24.26%
-24.45 pts in a year
Facts
- Type
- State member bank
- Head office
- 301 North Charles Street, Baltimore, MD, 21201
- County
- Baltimore City
- Holding company
- Washington Natl Holdings NV
- Established
- Jan 3, 1989
- Failed
- May 10, 1991
- Employees
- 10
- Id
- b27418
Quarter by quarter
March 31, 1989 to March 31, 1991
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 9
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The Washington Bank (of Maryland)?
$39.0 million in total assets and $39.0 million in deposits as of March 31, 1991, with assets down 44.0% from a year before. Its loans were $34.8 million.
Is The Washington Bank (of Maryland) profitable?
No: it lost $2.52 million from January 1 to March 31, 1991. Its return on assets was -24.26% a year; about 1% is typical.
Who owns The Washington Bank (of Maryland)?
The Washington Bank (of Maryland) is owned by Washington Natl Holdings NV, its holding company.
When did The Washington Bank (of Maryland) fail?
May 10, 1991. The First National Bank Of of Baltimore, MD took over its deposits. The estimated cost of the failure was $968,346.
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.