University Bank, National Association
Newton, MA
$319M
total assets, March 31, 1991
$319M
total assets, March 31, 1991
University Bank, National Association was a national bank in Newton, MA. It failed on May 31, 1991, and Sterling Bank took over its deposits. At its last report it held $318.8 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- May 31, 1991
- Assets
- $319M
- Deposits
- $296M
- Estimated cost
- $104M
- Deposits went to
- Sterling Bank, Waltham, MA
Total assets
$319M
-19.9% in a year · -6.6% in a quarter
Deposits
$296M
-15.9% in a year · -9.0% in a quarter
Loans
$217M
-25.0% in a year · -13.2% in a quarter
Profit so far
-$2.6M
Jan 1 to Mar 31, 1991
Capital ratio
-2.75%
-4.81 pts in a year
Return on assets
-3.13%
+2.56 pts in a year
Facts
- Type
- National bank
- Head office
- 25 Needham Street, Newton, MA, 02458
- County
- Middlesex
- Established
- Jan 1, 1927
- Failed
- May 31, 1991
- Employees
- 137
- Id
- b10544
Quarter by quarter
March 31, 1984 to March 31, 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 University Bank, National Association?
$318.8 million in total assets and $295.8 million in deposits as of March 31, 1991, with assets down 19.9% from a year before. Its loans were $217.1 million.
Is University Bank, National Association profitable?
No: it lost $2.58 million from January 1 to March 31, 1991. Its return on assets was -3.13% a year; about 1% is typical.
When did University Bank, National Association fail?
May 31, 1991. Sterling Bank of Waltham, MA took over its deposits. The estimated cost of the failure was $104.2 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.