Bank failure · MD

Potomac FSB (Silver Spring, MD) — failed August 28, 1992

Potomac FSB of Silver Spring, Maryland was closed on August 28, 1992 and resolved through a purchase and assumption. Maryland Fs&la (MD) took over its insured deposits. At failure it held $72.3M in assets and $68.8M in deposits. The FDIC's estimated loss on the failure is $32.0M (44.2% of assets).