The Graveyard › Banks › 2010
Century Security Bank
Duluth, GA · failed March 19, 2010 · FDIC certificate 58104
Century Security Bank of Duluth, GA failed on March 19, 2010. It opened on February 28, 2006, 4 years before. At its last report before that it held $96.5 million in assets and $94.0 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2008, it held $117.3 million. The FDIC estimates that the Deposit Insurance Fund lost $37.7 million on it.
2006-032009-12
Assets at the end$96.5 millionlast report before March 19, 2010
Deposits at the end$94.0 million
Estimated loss to the fund$37.7 millionDIF
Largest in the quarterly reports$117.3 millionDecember 31, 2008
Equity to assets2.4%December 31, 2009
Loans not being repaid11.6%noncurrent, December 31, 2009
Return on assets-4.82%a year's rate, December 31, 2009
Staff19full time, December 31, 2009
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.