The Graveyard › Banks › 2008

Citicorp Trust Bank, fsb

Wilmington · assisted November 23, 2008 · FDIC certificate 18708

Citicorp Trust Bank, fsb of Wilmington was given assistance by the FDIC on November 23, 2008. The FDIC's list records an assistance transaction, not a closing. It opened on February 25, 1963, 45 years before. At its last report before that it held $19.6 billion in assets and $7.2 billion in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2006, it held $39.2 billion. The FDIC's list gives no estimate of the loss for this one.

1984-032008-09

Assets at the end$19.6 billionlast report before November 23, 2008

Deposits at the end$7.2 billion

Estimated loss to the fundnot givenDIF

Largest in the quarterly reports$39.2 billionJune 30, 2006

Equity to assets7.3%September 30, 2008

Loans not being repaid1.7%noncurrent, September 30, 2008

Return on assets0.64%a year's rate, September 30, 2008

Staff604full time, September 30, 2008

Could you have seen it coming? Play The Crash of '08

Also ended in 2008

Citibank, National Association · Las Vegas · $1.21 trillion in assets · assisted
Washington Mutual Bank · Henderson, NV · $307.0 billion in assets
Citibank (South Dakota), N.A. · Sioux Falls · $77.7 billion in assets · assisted
IndyMac Bank, F.S.B. · Pasadena, CA · $30.7 billion in assets
Downey Savings and Loan Association, F.A. · Newport Beach, CA · $12.8 billion in assets
Franklin Bank, S.S.B. · Houston, TX · $5.1 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.