The Graveyard › Banks › 2010
Bayside Savings Bank
Port Saint Joe, FL · failed July 30, 2010 · FDIC certificate 57669
Bayside Savings Bank of Port Saint Joe, FL failed on July 30, 2010. It opened on October 28, 2003, 6 years before. At its last report before that it held $64.3 million in assets and $52.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2007, it held $102.5 million. The FDIC estimates that the Deposit Insurance Fund lost $12.5 million on it.
2003-122010-06
Assets at the end$64.3 millionlast report before July 30, 2010
Deposits at the end$52.7 million
Estimated loss to the fund$12.5 millionDIF
Largest in the quarterly reports$102.5 millionJune 30, 2007
Equity to assets2.3%June 30, 2010
Loans not being repaid12.2%noncurrent, June 30, 2010
Return on assets-6.24%a year's rate, June 30, 2010
Staff16full time, June 30, 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.