The Graveyard › Banks › 2012

Charter National Bank and Trust

Hoffman Estates, IL · failed February 10, 2012 · FDIC certificate 23187

Charter National Bank and Trust of Hoffman Estates, IL failed on February 10, 2012. It opened on July 31, 1980, 31 years before. At its last report before that it held $93.9 million in assets and $89.5 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2006, it held $135.8 million. The FDIC estimates that the Deposit Insurance Fund lost $18.5 million on it.

1984-032011-12

Assets at the end$93.9 millionlast report before February 10, 2012

Deposits at the end$89.5 million

Estimated loss to the fund$18.5 millionDIF

Largest in the quarterly reports$135.8 millionDecember 31, 2006

Equity to assets0.3%December 31, 2011

Loans not being repaid6.2%noncurrent, December 31, 2011

Return on assets-4.47%a year's rate, December 31, 2011

Staff32full time, December 31, 2011

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Also ended in 2012

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Fidelity Bank · Dearborn, MI · $818.2 million in assets
Waccamaw Bank · Whiteville, NC · $533.1 million in assets
The First State Bank · Stockbridge, GA · $516.8 million in assets
Inter Savings Bank, fsb D/B/A Interbank, fsb · Maple Grove, MN · $463.8 million 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.