The Graveyard › Banks › 2010

Haven Trust Bank Florida

Ponte Vedra Beach, FL · failed September 24, 2010 · FDIC certificate 58308

Haven Trust Bank Florida of Ponte Vedra Beach, FL failed on September 24, 2010. It opened on August 29, 2006, 4 years before. At its last report before that it held $148.6 million in assets and $133.6 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2009, it held $179.1 million. The FDIC estimates that the Deposit Insurance Fund lost $34.8 million on it.

2006-092010-06

Assets at the end$148.6 millionlast report before September 24, 2010

Deposits at the end$133.6 million

Estimated loss to the fund$34.8 millionDIF

Largest in the quarterly reports$179.1 millionJune 30, 2009

Equity to assets2.3%June 30, 2010

Loans not being repaid16.1%noncurrent, June 30, 2010

Return on assets-4.04%a year's rate, June 30, 2010

Staff17full time, June 30, 2010

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Also ended in 2010

Westernbank Puerto Rico · Mayaguez, PR · $10.8 billion in assets
R-G Premier Bank of Puerto Rico · Hato Rey, PR · $5.7 billion in assets
La Jolla Bank, FSB · La Jolla, CA · $3.6 billion in assets
Riverside National Bank of Florida · Fort Pierce, FL · $3.4 billion in assets
Frontier Bank · Everett, WA · $3.3 billion in assets
Midwest Bank and Trust Company · Elmwood Park, IL · $3.2 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.