The Graveyard › Banks › 2008
First Integrity Bank, N.A.
Staples, MN · failed May 30, 2008 · FDIC certificate 12736
First Integrity Bank, N.A. of Staples, MN failed on May 30, 2008. It opened on January 20, 1920, 88 years before. At its last report before that it held $52.9 million in assets and $50.2 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2003, it held $95.0 million. The FDIC estimates that the Deposit Insurance Fund lost $10.3 million on it.
1984-032008-03
Assets at the end$52.9 millionlast report before May 30, 2008
Deposits at the end$50.2 million
Estimated loss to the fund$10.3 millionDIF
Largest in the quarterly reports$95.0 millionSeptember 30, 2003
Equity to assets0.6%March 31, 2008
Loans not being repaid13.9%noncurrent, March 31, 2008
Return on assets-18.96%a year's rate, March 31, 2008
Staff32full time, March 31, 2008
Also ended in 2008
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- 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.