The Graveyard › Banks › 2010
Marco Community Bank
Marco Island, FL · failed February 19, 2010 · FDIC certificate 57586
Marco Community Bank of Marco Island, FL failed on February 19, 2010. It opened on August 18, 2003, 6 years before. At its last report before that it held $119.6 million in assets and $117.1 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2006, it held $172.4 million. The FDIC estimates that the Deposit Insurance Fund lost $25.6 million on it.
2003-092009-12
Assets at the end$119.6 millionlast report before February 19, 2010
Deposits at the end$117.1 million
Estimated loss to the fund$25.6 millionDIF
Largest in the quarterly reports$172.4 millionMarch 31, 2006
Equity to assets1.6%December 31, 2009
Loans not being repaid9.3%noncurrent, December 31, 2009
Return on assets-10.36%a year's rate, December 31, 2009
Staff33full time, December 31, 2009
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.