The Graveyard › Banks › 2007
Metropolitan Savings Bank
Pittsburgh, PA · failed February 2, 2007 · FDIC certificate 35353
Metropolitan Savings Bank of Pittsburgh, PA failed on February 2, 2007. It opened on October 3, 1892, 114 years before. At its last report before that it held $15.8 million in assets and $14.5 million in deposits. The FDIC estimates that the Deposit Insurance Fund lost $9.4 million on it.
1999-092006-09
Assets at the end$15.8 millionlast report before February 2, 2007
Deposits at the end$14.5 million
Estimated loss to the fund$9.4 millionDIF
Largest in the quarterly reports$15.8 millionSeptember 30, 2006
Equity to assets7.1%September 30, 2006
Loans not being repaid0.0%noncurrent, September 30, 2006
Return on assets0.14%a year's rate, September 30, 2006
Staff4full time, September 30, 2006
Also ended in 2007
- NetBank · Alpharetta, GA · $2.5 billion in assets
- Miami Valley Bank · Lakeview, OH · $125.4 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.