The Graveyard › Banks › 2008

IndyMac Bank, F.S.B.

Pasadena, CA · failed July 11, 2008 · FDIC certificate 29730

IndyMac Bank, F.S.B. of Pasadena, CA failed on July 11, 2008. It opened on March 23, 1936, 72 years before. At its last report before that it held $30.7 billion in assets and $18.9 billion in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2007, it held $33.5 billion. The FDIC estimates that the Deposit Insurance Fund lost $12.0 billion on it.

1984-032008-06

Assets at the end$30.7 billionlast report before July 11, 2008

Deposits at the end$18.9 billion

Estimated loss to the fund$12.0 billionDIF

Largest in the quarterly reports$33.5 billionSeptember 30, 2007

Equity to assets3.7%June 30, 2008

Loans not being repaid10.5%noncurrent, June 30, 2008

Return on assets-4.83%a year's rate, June 30, 2008

On the FDIC's list: INDYMAC BANK F.S.B.

Could you have seen it coming? Play The Crash of '08

Also ended in 2008

Citibank, National Association · Las Vegas · $1.21 trillion in assets · assisted
Washington Mutual Bank · Henderson, NV · $307.0 billion in assets
Citibank (South Dakota), N.A. · Sioux Falls · $77.7 billion in assets · assisted
Citicorp Trust Bank, fsb · Wilmington · $19.6 billion in assets · assisted
Downey Savings and Loan Association, F.A. · Newport Beach, CA · $12.8 billion in assets
Franklin Bank, S.S.B. · Houston, TX · $5.1 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.