Bank failure · NH

Atlantic Trust Company (Newington, NH) — failed January 30, 1992

Atlantic Trust Company of Newington, New Hampshire was closed on January 30, 1992 and resolved through a purchase and assumption. Fleet Bank-Nh (NH) took over its insured deposits. At failure it held $21.2M in assets and $22.7M in deposits. The FDIC's estimated loss on the failure is $5.8M (27.4% of assets).