The Graveyard › Banks › 2011
CommunitySouth Bank and Trust
Easley, SC · failed January 21, 2011 · FDIC certificate 57868
CommunitySouth Bank and Trust of Easley, SC failed on January 21, 2011. It opened on January 18, 2005, 6 years before. At its last report before that it held $341.0 million in assets and $314.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2010, it held $463.9 million. The FDIC estimates that the Deposit Insurance Fund lost $45.2 million on it.
2005-032010-12
Assets at the end$341.0 millionlast report before January 21, 2011
Deposits at the end$314.3 million
Estimated loss to the fund$45.2 millionDIF
Largest in the quarterly reports$463.9 millionJune 30, 2010
Equity to assets-1.3%December 31, 2010
Loans not being repaid15.6%noncurrent, December 31, 2010
Return on assets-3.79%a year's rate, December 31, 2010
Staff81full 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.