The Graveyard › Banks › 2013
Mountain National Bank
Sevierville, TN · failed June 7, 2013 · FDIC certificate 34789
Mountain National Bank of Sevierville, TN failed on June 7, 2013. It opened on November 23, 1998, 14 years before. At its last report before that it held $437.3 million in assets and $373.4 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2009, it held $692.0 million. The FDIC estimates that the Deposit Insurance Fund lost $33.3 million on it.
1998-122013-03
Assets at the end$437.3 millionlast report before June 7, 2013
Deposits at the end$373.4 million
Estimated loss to the fund$33.3 millionDIF
Largest in the quarterly reports$692.0 millionMarch 31, 2009
Equity to assets2.0%March 31, 2013
Loans not being repaid12.7%noncurrent, March 31, 2013
Return on assets-0.74%a year's rate, March 31, 2013
Staff127full time, March 31, 2013
Also ended in 2013
- First National Bank · Edinburg, TX · $3.1 billion in assets
- Community South Bank · Parsons, TN · $386.9 million in assets
- Douglas County Bank · Douglasville, GA · $317.3 million in assets
- Frontier Bank · Lagrange, GA · $258.8 million in assets
- First Community Bank of Southwest Florida · Fort Myers, FL · $247.3 million in assets
- SUNRISE BANK OF ARIZONA · Phoenix, AZ · $202.2 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.