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Bank of America Rhode Island N.A.

Providence · assisted January 16, 2009 · FDIC certificate 58032

Bank of America Rhode Island N.A. of Providence was given assistance by the FDIC on January 16, 2009. The FDIC's list records an assistance transaction, not a closing. It opened on June 3, 2005, 3 years before. At its last report before that it held $35.4 billion in assets and $500,000 in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2008, it held $39.2 billion. The FDIC's list gives no estimate of the loss for this one.

2005-062008-12

Assets at the end$35.4 billionlast report before January 16, 2009

Deposits at the end$500,000

Estimated loss to the fundnot givenDIF

Largest in the quarterly reports$39.2 billionJune 30, 2008

Equity to assets7.1%December 31, 2008

Loans not being repaid1.0%noncurrent, December 31, 2008

Return on assets1.65%a year's rate, December 31, 2008

Staff1full time, December 31, 2008

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
Colonial Bank · Montgomery, AL · $25.5 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.