The Graveyard › Banks › 2012
First Commercial Bank
Bloomington, MN · failed September 7, 2012 · FDIC certificate 35246
First Commercial Bank of Bloomington, MN failed on September 7, 2012. It opened on July 15, 1999, 13 years before. At its last report before that it held $215.9 million in assets and $206.8 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2009, it held $368.5 million. The FDIC estimates that the Deposit Insurance Fund lost $65.2 million on it.
1999-092012-06
Assets at the end$215.9 millionlast report before September 7, 2012
Deposits at the end$206.8 million
Estimated loss to the fund$65.2 millionDIF
Largest in the quarterly reports$368.5 millionSeptember 30, 2009
Equity to assets1.5%June 30, 2012
Loans not being repaid14.3%noncurrent, June 30, 2012
Return on assets-3.28%a year's rate, June 30, 2012
Staff20full time, June 30, 2012
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
- Fidelity Bank · Dearborn, MI · $818.2 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
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.