Bank failure · NH

Dartmouth Bank (Manchester, NH) — failed October 10, 1991

Dartmouth Bank of Manchester, New Hampshire was closed on October 10, 1991 and resolved through a purchase and assumption. New Dartmouth Bank (NH) took over its insured deposits. At failure it held $877.2M in assets and $835.3M in deposits. The FDIC's estimated loss on the failure is $220.6M (25.1% of assets).