Data / Bank failures / 1992 / Theodore Roosevelt National Bank
Theodore Roosevelt National Bank, Washington, DC: failed March 26, 1992
Theodore Roosevelt National Bank in Washington, District of Columbia, failed on March 26, 1992. Industrial Bank of Wa of Washington, DC, took over its deposits. It held $13.8 million in assets and $13.6 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $3.4 million (24.5% of its assets). By assets it was the 168th largest of 181 banks closed or assisted in 1992.
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The FDIC's record
- Closed
- March 26, 1992
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Industrial Bank of Wa, Washington, DC
- Total assets
- $13,834,000
- Total deposits
- $13,589,000
- Estimated cost to the FDIC
- $3,392,558 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- BIF
- FDIC certificate
- 32762
Other bank failures in District of Columbia, 1990 to 1994
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| City National Bank of Washington | Washington | June 25, 1993 | $24 million | $22.7 million | $1 million | Crestar Bank National As |
| Metropolitan Bank, N.A. | Washington | May 1, 1992 | $27.1 million | $27.1 million | $2.2 million | Adams National Bank |
| Madison National Bank | Washington | May 10, 1991 | $473.8 million | $404.2 million | $77.8 million | Signet Bank, National Assoc |
| The National Bank of Washington | Washington | August 10, 1990 | $1.65 billion | $1.27 billion | $224.3 million | The Riggs National Bank of |
All bank failures in 1992 · All bank failures in District of Columbia · The full failed bank list
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.