The Graveyard › Banks › 2011
Lydian Private Bank
Palm Beach, FL · failed August 19, 2011 · FDIC certificate 35356
Lydian Private Bank of Palm Beach, FL failed on August 19, 2011. It opened on April 6, 2000, 11 years before. At its last report before that it held $1.7 billion in assets and $1.3 billion in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2009, it held $2.1 billion. The FDIC estimates that the Deposit Insurance Fund lost $183.5 million on it.
2000-062011-06
Assets at the end$1.7 billionlast report before August 19, 2011
Deposits at the end$1.3 billion
Estimated loss to the fund$183.5 millionDIF
Largest in the quarterly reports$2.1 billionDecember 31, 2009
Equity to assets2.3%June 30, 2011
Loans not being repaid7.6%noncurrent, June 30, 2011
Return on assets-4.01%a year's rate, June 30, 2011
Staff152full time, June 30, 2011
Also ended in 2011
- Superior Bank · Birmingham, AL · $3.0 billion in assets
- First Community Bank · Taos, NM · $2.2 billion in assets
- United Western Bank · Denver, CO · $2.2 billion in assets
- Integra Bank National Association · Evansville, IN · $2.0 billion in assets
- Community Banks of Colorado · Greenwood Village, CO · $1.3 billion in assets
- Bank of the Commonwealth · Norfolk, VA · $985.1 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.