The Graveyard › Banks › 2012

Home Savings of America

Little Falls, MN · failed February 24, 2012 · FDIC certificate 29178

Home Savings of America of Little Falls, MN failed on February 24, 2012. It opened on September 1, 1934, 77 years before. At its last report before that it held $434.1 million in assets and $432.2 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2009, it held $477.5 million. The FDIC estimates that the Deposit Insurance Fund lost $43.0 million on it.

1984-032011-12

Assets at the end$434.1 millionlast report before February 24, 2012

Deposits at the end$432.2 million

Estimated loss to the fund$43.0 millionDIF

Largest in the quarterly reports$477.5 millionDecember 31, 2009

Equity to assets-1.5%December 31, 2011

Loans not being repaid3.9%noncurrent, December 31, 2011

Return on assets-5.95%a year's rate, December 31, 2011

Staff709full time, December 31, 2011

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Also ended in 2012

Tennessee Commerce Bank · Franklin, TN · $1.0 billion in assets
Citizens First National Bank · Princeton, IL · $924.0 million in assets
Fidelity Bank · Dearborn, MI · $818.2 million in assets
Waccamaw Bank · Whiteville, NC · $533.1 million in assets
The First State Bank · Stockbridge, GA · $516.8 million in assets
Inter Savings Bank, fsb D/B/A Interbank, fsb · Maple Grove, MN · $463.8 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.