The Graveyard › Banks › 2009

American United Bank

Lawrenceville, GA · failed October 23, 2009 · FDIC certificate 57794

American United Bank of Lawrenceville, GA failed on October 23, 2009. It opened on December 20, 2004, 4 years before. At its last report before that it held $110.1 million in assets and $102.4 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2008, it held $118.7 million. The FDIC estimates that the Deposit Insurance Fund lost $44.0 million on it.

2004-122009-09

Assets at the end$110.1 millionlast report before October 23, 2009

Deposits at the end$102.4 million

Estimated loss to the fund$44.0 millionDIF

Largest in the quarterly reports$118.7 millionDecember 31, 2008

Equity to assets0.4%September 30, 2009

Loans not being repaid25.9%noncurrent, September 30, 2009

Return on assets-8.05%a year's rate, September 30, 2009

Staff14full time, September 30, 2009

Could you have seen it coming? Play The Crash of '08

Also ended in 2009

Bank of America N.A. · Charlotte · $1.47 trillion in assets · assisted
FIA Card Services N.A. · Wilmington · $159.6 billion in assets · assisted
Countrywide Bank, FSB · Alexandria · $118.0 billion in assets · assisted
Merrill Lynch Bank USA · Salt Lake City · $61.8 billion in assets · assisted
Merrill Lynch Bank & Trust Co., FSB · New York · $38.0 billion in assets · assisted
Bank of America Rhode Island N.A. · Providence · $35.4 billion in assets · assisted

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.