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Failures by State

Bank Failures in New Hampshire

20 FDIC-insured banks headquartered in New Hampshire have failed since 1939. The most recent was First Alliance Bank and Trust Co on February 2, 2001. The worst year was 1991, with 14 failures. Failed banks held $5.78B in assets at closing.

20
Failures
1939 to 2001
$5.78B
Failed assets
At closing
$1.02B
Estimated DIF loss
FDIC estimate
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All New Hampshire events
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Largest bank failures in New Hampshire

Date Bank City Assets Acquirer or resolution
Oct 10, 1991 New Hampshire Savings Bank Concord $1.17B New Dartmouth Bank
Oct 10, 1991 Amoskeag Bank Manchester $937.3M First NH Bank
Oct 10, 1991 Dartmouth Bank Manchester $877.2M New Dartmouth Bank
Oct 10, 1991 Bankeast Manchester $816.8M First NH Bank
Oct 10, 1991 Numerica Savings Bank, FSB Manchester $509.1M New Dartmouth Bank
Oct 10, 1991 Nashua Trust Company Nashua $425.1M First NH Bank
Oct 10, 1991 Homebank FSA Gilford $255.1M Branch sale
Mar 29, 1991 City Bank and Trust Claremont $116.0M First NH Bank
Feb 20, 1991 First Northern Coop Keene $114.6M Granite Bank
Jun 26, 1992 The Somersworth Bank Somersworth $114.1M New Dartmouth Bank

New Hampshire bank failures by year

Year Failures Failed assets
2001 1 $17.4M
1992 3 $220.2M
1991 14 $5.53B
1990 1 $12.4M
1939 1 —

Every bank failure in New Hampshire

Date Bank City Assets Acquirer or resolution
Feb 2, 2001 First Alliance Bank and Trust Co Manchester $17.4M Southern New Hampshire Bank
Aug 28, 1992 Seacoast Savings Bank Dover $84.8M First S&LA of New Hampsh
Jun 26, 1992 The Somersworth Bank Somersworth $114.1M New Dartmouth Bank
Jan 30, 1992 Atlantic Trust Company Newington $21.2M Fleet Bank-NH
Nov 15, 1991 Durham Trust Company Durham $71.0M Granite Bank
Oct 11, 1991 Iona Savings Bank Tilton $31.2M First Savings and Loan Asso
Oct 10, 1991 New Hampshire Savings Bank Concord $1.17B New Dartmouth Bank
Oct 10, 1991 Amoskeag Bank Manchester $937.3M First NH Bank
Oct 10, 1991 Dartmouth Bank Manchester $877.2M New Dartmouth Bank
Oct 10, 1991 Bankeast Manchester $816.8M First NH Bank
Oct 10, 1991 Numerica Savings Bank, FSB Manchester $509.1M New Dartmouth Bank
Oct 10, 1991 Nashua Trust Company Nashua $425.1M First NH Bank
Oct 10, 1991 Homebank FSA Gilford $255.1M Branch sale
Oct 10, 1991 Bank Meridian, N.A. Hampton $109.4M First NH Bank
Sep 6, 1991 The Family Bank and Trust Allenstown $46.7M The Valley Bank
Aug 30, 1991 Hillsborough Bank and Trust Co Milford $49.9M Peterborough Savings Bank
Mar 29, 1991 City Bank and Trust Claremont $116.0M First NH Bank
Feb 20, 1991 First Northern Coop Keene $114.6M Granite Bank
Jul 27, 1990 U.S. Savings Bank of America Seabrook $12.4M Family Savings Bank of New
Feb 14, 1939 Groveton National Bank Groveton — —

Source: FDIC failed-bank list. Counts are real closures by headquarters state; FDIC open-bank assistance transactions are not failures and are excluded. Assets and deposits are as reported at closing.

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