The Graveyard › Banks › 2010
Charter Bank
Santa Fe, NM · failed January 22, 2010 · FDIC certificate 32498
Charter Bank of Santa Fe, NM failed on January 22, 2010. It opened on September 11, 1986, 23 years before. At its last report before that it held $1.2 billion in assets and $859.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2008, it held $1.5 billion. The FDIC estimates that the Deposit Insurance Fund lost $127.2 million on it.
1986-092009-12
Assets at the end$1.2 billionlast report before January 22, 2010
Deposits at the end$859.9 million
Estimated loss to the fund$127.2 millionDIF
Largest in the quarterly reports$1.5 billionMarch 31, 2008
Equity to assets-2.3%December 31, 2009
Loans not being repaid11.6%noncurrent, December 31, 2009
Return on assets-8.52%a year's rate, December 31, 2009
Staff248full 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.