The Graveyard › Banks › 2010
Amcore Bank, National Association
Rockford, IL · failed April 23, 2010 · FDIC certificate 3735
Amcore Bank, National Association of Rockford, IL failed on April 23, 2010. It opened on September 17, 1931, 78 years before. At its last report before that it held $3.1 billion in assets and $2.7 billion in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2006, it held $5.4 billion. The FDIC estimates that the Deposit Insurance Fund lost $10.8 million on it.
1984-032010-03
Assets at the end$3.1 billionlast report before April 23, 2010
Deposits at the end$2.7 billion
Estimated loss to the fund$10.8 millionDIF
Largest in the quarterly reports$5.4 billionSeptember 30, 2006
Equity to assets2.4%March 31, 2010
Loans not being repaid15.3%noncurrent, March 31, 2010
Return on assets-2.98%a year's rate, March 31, 2010
Staff843full time, March 31, 2010
Also ended in 2010
- Westernbank Puerto Rico · Mayaguez, PR · $10.8 billion in assets
- R-G Premier Bank of Puerto Rico · Hato Rey, PR · $5.7 billion in assets
- La Jolla Bank, FSB · La Jolla, CA · $3.6 billion in assets
- Riverside National Bank of Florida · Fort Pierce, FL · $3.4 billion in assets
- Frontier Bank · Everett, WA · $3.3 billion in assets
- Midwest Bank and Trust Company · Elmwood Park, IL · $3.2 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.