The Graveyard › Banks › 2017
Guaranty Bank
Milwaukee, WI · failed May 5, 2017 · FDIC certificate 30003
Guaranty Bank of Milwaukee, WI failed on May 5, 2017. It opened in 1923, 94 years before. At its last report before that it held $1.0 billion in assets and $1.0 billion in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2003, it held $2.1 billion. The FDIC estimates that the Deposit Insurance Fund lost $132.0 million on it.
1984-032017-03
Assets at the end$1.0 billionlast report before May 5, 2017
Deposits at the end$1.0 billion
Estimated loss to the fund$132.0 millionDIF
Largest in the quarterly reports$2.1 billionJune 30, 2003
Equity to assets2.1%March 31, 2017
Loans not being repaid4.5%noncurrent, March 31, 2017
Return on assets0.44%a year's rate, March 31, 2017
Staff902full time, March 31, 2017
Also ended in 2017
- First NBC Bank · New Orleans, LA · $3.3 billion in assets
- Seaway Bank and Trust Company · Chicago, IL · $297.8 million in assets
- Washington Federal Bank For Savings · Chicago, IL · $166.3 million in assets
- Harvest Community Bank · Pennsville, NJ · $124.2 million in assets
- Proficio Bank · Cottonwood Heights, UT · $68.2 million in assets
- Fayette County Bank · Saint Elmo, IL · $34.4 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.