The Graveyard › Banks › 2010
Arcola Homestead Savings Bank
Arcola, IL · failed June 4, 2010 · FDIC certificate 31813
Arcola Homestead Savings Bank of Arcola, IL failed on June 4, 2010. It opened in 1883, 127 years before. At its last report before that it held $17.0 million in assets and $18.1 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2009, it held $19.1 million. The FDIC estimates that the Deposit Insurance Fund lost $11.5 million on it.
1984-032010-03
Assets at the end$17.0 millionlast report before June 4, 2010
Deposits at the end$18.1 million
Estimated loss to the fund$11.5 millionDIF
Largest in the quarterly reports$19.1 millionSeptember 30, 2009
Equity to assets-6.7%March 31, 2010
Loans not being repaid4.7%noncurrent, March 31, 2010
Return on assets-14.16%a year's rate, March 31, 2010
Staff6full 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.