The Graveyard › Banks › 2010
ISN Bank
Cherry Hill, NJ · failed September 17, 2010 · FDIC certificate 57107
ISN Bank of Cherry Hill, NJ failed on September 17, 2010. It opened on May 22, 2001, 9 years before. At its last report before that it held $81.6 million in assets and $79.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2005, it held $275.3 million. The FDIC estimates that the Deposit Insurance Fund lost $18.9 million on it.
2001-062010-06
Assets at the end$81.6 millionlast report before September 17, 2010
Deposits at the end$79.7 million
Estimated loss to the fund$18.9 millionDIF
Largest in the quarterly reports$275.3 millionJune 30, 2005
Equity to assets1.9%June 30, 2010
Loans not being repaid31.4%noncurrent, June 30, 2010
Return on assets-3.29%a year's rate, June 30, 2010
Staff10full time, June 30, 2010
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.