The Graveyard › Banks › 2008
Douglass National Bank
Kansas City, MO · failed January 25, 2008 · FDIC certificate 24660
Douglass National Bank of Kansas City, MO failed on January 25, 2008. It opened on September 3, 1983, 24 years before. At its last report before that it held $52.8 million in assets and $50.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2005, it held $104.5 million. The FDIC estimates that the Deposit Insurance Fund lost $7.2 million on it.
1984-032007-12
Assets at the end$52.8 millionlast report before January 25, 2008
Deposits at the end$50.3 million
Estimated loss to the fund$7.2 millionDIF
Largest in the quarterly reports$104.5 millionJune 30, 2005
Equity to assets2.3%December 31, 2007
Loans not being repaid20.7%noncurrent, December 31, 2007
Return on assets-2.19%a year's rate, December 31, 2007
Staff25full time, December 31, 2007
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
- Citicorp Trust Bank, fsb · Wilmington · $19.6 billion in assets · assisted
- Downey Savings and Loan Association, F.A. · Newport Beach, CA · $12.8 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.