# THE SOMERSWORTH BANK

> **Failed bank** · SOMERSWORTH, NH · failed 1992-06-26 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $18M

## What happened

THE SOMERSWORTH BANK of SOMERSWORTH, NH was closed by regulators on **1992-06-26**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **NEW DARTMOUTH BANK** (MANCHESTER, NH). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3350
- **FDIC Certificate:** 6251
- **FDIC FIN:** 4503
- **Bank name:** THE SOMERSWORTH BANK
- **Location:** SOMERSWORTH, NH
- **Failure date:** 1992-06-26
- **FDIC resolution date:** 1992-06-26
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $18M
- **Deposits at failure:** $113M
- **Assets at failure:** $114M
- **Acquiring bank:** NEW DARTMOUTH BANK (MANCHESTER, NH)

## Other banks NEW DARTMOUTH BANK has acquired in FDIC resolutions

- NEW HAMPSHIRE SAVINGS BANK (CONCORD, NH) — failed 1991-10-10 — /failed-bank/3211
- DARTMOUTH BANK (MANCHESTER, NH) — failed 1991-10-10 — /failed-bank/3210
- NUMERICA SAVINGS BANK, FSB (MANCHESTER, NH) — failed 1991-10-10 — /failed-bank/3208

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20SOMERSWORTH%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE SOMERSWORTH BANK (FDIC ID 3350), failed 1992-06-26. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3350.

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