The Graveyard › Banks › 2011
Old Harbor Bank
Clearwater, FL · failed October 21, 2011 · FDIC certificate 57537
Old Harbor Bank of Clearwater, FL failed on October 21, 2011. It opened on July 14, 2003, 8 years before. At its last report before that it held $209.0 million in assets and $212.2 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2009, it held $270.3 million. The FDIC estimates that the Deposit Insurance Fund lost $26.3 million on it.
2003-092011-09
Assets at the end$209.0 millionlast report before October 21, 2011
Deposits at the end$212.2 million
Estimated loss to the fund$26.3 millionDIF
Largest in the quarterly reports$270.3 millionSeptember 30, 2009
Equity to assets-1.7%September 30, 2011
Loans not being repaid16.6%noncurrent, September 30, 2011
Return on assets-6.08%a year's rate, September 30, 2011
Staff42full time, September 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
- Lydian Private Bank · Palm Beach, FL · $1.7 billion in assets
- Community Banks of Colorado · Greenwood Village, CO · $1.3 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.