The Graveyard › Banks › 2011
Charter Oak Bank
Napa, CA · failed February 18, 2011 · FDIC certificate 57855
Charter Oak Bank of Napa, CA failed on February 18, 2011. It opened on December 17, 2004, 6 years before. At its last report before that it held $120.8 million in assets and $105.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2009, it held $154.2 million. The FDIC estimates that the Deposit Insurance Fund lost $20.1 million on it.
2004-122010-12
Assets at the end$120.8 millionlast report before February 18, 2011
Deposits at the end$105.3 million
Estimated loss to the fund$20.1 millionDIF
Largest in the quarterly reports$154.2 millionSeptember 30, 2009
Equity to assets0.5%December 31, 2010
Loans not being repaid8.4%noncurrent, December 31, 2010
Return on assets-9.62%a year's rate, December 31, 2010
Staff27full time, December 31, 2010
Also ended in 2011
- Superior Bank · Birmingham, AL · $3.0 billion in assets
- First Community Bank · Taos, NM · $2.2 billion in assets
- United Western Bank · Denver, CO · $2.2 billion in assets
- Integra Bank National Association · Evansville, IN · $2.0 billion in assets
- Lydian Private Bank · Palm Beach, FL · $1.7 billion in assets
- Community Banks of Colorado · Greenwood Village, CO · $1.3 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.