Bank failure · NH
Durham Trust Company (Durham, NH) — failed November 15, 1991
Durham Trust Company of Durham, New Hampshire was closed on November 15, 1991 and resolved through a purchase and assumption. Granite Bank (NH) took over its insured deposits. At failure it held $71.0M in assets and $68.5M in deposits. The FDIC's estimated loss on the failure is $6.3M (8.9% of assets).
- Closing date
- November 15, 1991
- FDIC certificate #
- 16927
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Granite Bank
- Insurance fund
- BIF
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