The Graveyard › Banks › 2012
Fidelity Bank
Dearborn, MI · failed March 30, 2012 · FDIC certificate 33883
Fidelity Bank of Dearborn, MI failed on March 30, 2012. It opened on February 28, 1994, 18 years before. At its last report before that it held $818.2 million in assets and $747.6 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2008, it held $1.1 billion. The FDIC estimates that the Deposit Insurance Fund lost $97.2 million on it.
1994-032011-12
Assets at the end$818.2 millionlast report before March 30, 2012
Deposits at the end$747.6 million
Estimated loss to the fund$97.2 millionDIF
Largest in the quarterly reports$1.1 billionDecember 31, 2008
Equity to assets1.9%December 31, 2011
Loans not being repaid11.9%noncurrent, December 31, 2011
Return on assets-2.64%a year's rate, December 31, 2011
Staff184full time, December 31, 2011
Also ended in 2012
- Tennessee Commerce Bank · Franklin, TN · $1.0 billion in assets
- Citizens First National Bank · Princeton, IL · $924.0 million in assets
- Waccamaw Bank · Whiteville, NC · $533.1 million in assets
- The First State Bank · Stockbridge, GA · $516.8 million in assets
- Inter Savings Bank, fsb D/B/A Interbank, fsb · Maple Grove, MN · $463.8 million in assets
- NOVA Bank · Berwyn, PA · $444.7 million 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.