The Graveyard › Banks › 2010
Maritime Savings Bank
West Allis, WI · failed September 17, 2010 · FDIC certificate 28612
Maritime Savings Bank of West Allis, WI failed on September 17, 2010. It opened in 1912, 98 years before. At its last report before that it held $350.5 million in assets and $248.1 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2008, it held $409.8 million. The FDIC estimates that the Deposit Insurance Fund lost $88.4 million on it.
1984-032010-06
Assets at the end$350.5 millionlast report before September 17, 2010
Deposits at the end$248.1 million
Estimated loss to the fund$88.4 millionDIF
Largest in the quarterly reports$409.8 millionDecember 31, 2008
Equity to assets2.7%June 30, 2010
Loans not being repaid14.3%noncurrent, June 30, 2010
Return on assets-1.59%a year's rate, June 30, 2010
Staff66full 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.