The Graveyard › Banks › 2009
Hillcrest Bank Florida
Naples, FL · failed October 23, 2009 · FDIC certificate 58336
Hillcrest Bank Florida of Naples, FL failed on October 23, 2009. It opened on August 16, 2006, 3 years before. At its last report before that it held $82.8 million in assets and $83.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2008, it held $118.8 million. The FDIC estimates that the Deposit Insurance Fund lost $43.0 million on it.
2006-092009-09
Assets at the end$82.8 millionlast report before October 23, 2009
Deposits at the end$83.3 million
Estimated loss to the fund$43.0 millionDIF
Largest in the quarterly reports$118.8 millionSeptember 30, 2008
Equity to assets-2.7%September 30, 2009
Loans not being repaid33.8%noncurrent, September 30, 2009
Return on assets-20.51%a year's rate, September 30, 2009
Staff23full time, September 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.