The Graveyard › Banks › 2011
Enterprise Banking Company
Mcdonough, GA · failed January 21, 2011 · FDIC certificate 19758
Enterprise Banking Company of Mcdonough, GA failed on January 21, 2011. It opened on October 25, 1925, 85 years before. At its last report before that it held $99.5 million in assets and $94.6 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2010, it held $104.9 million. The FDIC estimates that the Deposit Insurance Fund lost $43.5 million on it.
1984-032010-12
Assets at the end$99.5 millionlast report before January 21, 2011
Deposits at the end$94.6 million
Estimated loss to the fund$43.5 millionDIF
Largest in the quarterly reports$104.9 millionJune 30, 2010
Equity to assets1.3%December 31, 2010
Loans not being repaid29.6%noncurrent, December 31, 2010
Return on assets-3.96%a year's rate, December 31, 2010
Staff18full 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.