The Graveyard › Banks › 2009
Guaranty Bank
Austin, TX · failed August 21, 2009 · FDIC certificate 32618
Guaranty Bank of Austin, TX failed on August 21, 2009. It opened on September 30, 1988, 20 years before. At its last report before that it held $13.5 billion in assets and $12.0 billion in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2003, it held $17.7 billion. The FDIC's list records no loss to the Deposit Insurance Fund.
1988-092009-06
Assets at the end$13.5 billionlast report before August 21, 2009
Deposits at the end$12.0 billion
Estimated loss to the fundnone recordedDIF
Largest in the quarterly reports$17.7 billionMarch 31, 2003
Equity to assets-5.1%June 30, 2009
Loans not being repaid6.2%noncurrent, June 30, 2009
Return on assets-28.42%a year's rate, June 30, 2009
Staff1,716full time, June 30, 2009
Also ended in 2009
- Bank of America N.A. · Charlotte · $1.47 trillion in assets · assisted
- FIA Card Services N.A. · Wilmington · $159.6 billion in assets · assisted
- Countrywide Bank, FSB · Alexandria · $118.0 billion in assets · assisted
- Merrill Lynch Bank USA · Salt Lake City · $61.8 billion in assets · assisted
- Merrill Lynch Bank & Trust Co., FSB · New York · $38.0 billion in assets · assisted
- Bank of America Rhode Island N.A. · Providence · $35.4 billion in assets · assisted
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.