The Graveyard › Banks › 2009
Bank of America California N.A.
San Francisco · assisted January 16, 2009 · FDIC certificate 25178
Bank of America California N.A. of San Francisco was given assistance by the FDIC on January 16, 2009. The FDIC's list records an assistance transaction, not a closing. It opened on May 18, 1984, 24 years before. At its last report before that it held $21.5 billion in assets and $500,000 in deposits. The FDIC's list gives no estimate of the loss for this one.
1984-062008-12
Assets at the end$21.5 billionlast report before January 16, 2009
Deposits at the end$500,000
Estimated loss to the fundnot givenDIF
Largest in the quarterly reports$22.0 billionSeptember 30, 2008
Equity to assets6.7%December 31, 2008
Loans not being repaid0.8%noncurrent, December 31, 2008
Return on assets1.56%a year's rate, December 31, 2008
Staff1full time, December 31, 2008
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.