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Data / Bank failures / Granite Bank

Failed banks taken over by Granite Bank: 2

Granite Bank took over 2 failed banks between February 20, 1991 and November 15, 1991, holding $185.6 million in assets and $155.6 million in deposits. The FDIC estimates the cost to its insurance fund at $32.1 million. The largest: First Northern Coop ($114.6 million), Durham Trust Company ($71 million).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Durham Trust CompanyDurhamNHNovember 15, 1991$71 million$68.5 million$6.3 millionGranite Bank
First Northern CoopKeeneNHFebruary 20, 1991$114.6 million$87 million$25.8 millionGranite Bank

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.