The Graveyard › Banks › 2008
Integrity Bank
Alpharetta, GA · failed August 29, 2008 · FDIC certificate 35469
Integrity Bank of Alpharetta, GA failed on August 29, 2008. It opened on November 1, 2000, 7 years before. At its last report before that it held $1.1 billion in assets and $962.5 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2007, it held $1.3 billion. The FDIC estimates that the Deposit Insurance Fund lost $465.9 million on it.
2000-122008-06
Assets at the end$1.1 billionlast report before August 29, 2008
Deposits at the end$962.5 million
Estimated loss to the fund$465.9 millionDIF
Largest in the quarterly reports$1.3 billionSeptember 30, 2007
Equity to assets3.1%June 30, 2008
Loans not being repaid41.5%noncurrent, June 30, 2008
Return on assets-5.72%a year's rate, June 30, 2008
Staff77full time, June 30, 2008
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
- IndyMac Bank, F.S.B. · Pasadena, CA · $30.7 billion in assets
- 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
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.