The Graveyard › Banks › 2009
Omni National Bank
Atlanta, GA · failed March 27, 2009 · FDIC certificate 22238
Omni National Bank of Atlanta, GA failed on March 27, 2009. It opened on March 8, 1976, 33 years before. At its last report before that it held $979.6 million in assets and $813.2 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2008, it held $1.0 billion. The FDIC estimates that the Deposit Insurance Fund lost $288.4 million on it.
1984-032008-12
Assets at the end$979.6 millionlast report before March 27, 2009
Deposits at the end$813.2 million
Estimated loss to the fund$288.4 millionDIF
Largest in the quarterly reports$1.0 billionSeptember 30, 2008
Equity to assets5.0%December 31, 2008
Loans not being repaid19.9%noncurrent, December 31, 2008
Return on assets-1.48%a year's rate, December 31, 2008
Staff144full time, December 31, 2008
Also ended in 2009
- Bank of America N.A. · Charlotte · $1.47 trillion in assets · assisted
- FIA Card Services N.A. · Wilmington · $159.6 billion in assets · assisted
- Countrywide Bank, FSB · Alexandria · $118.0 billion in assets · assisted
- Merrill Lynch Bank USA · Salt Lake City · $61.8 billion in assets · assisted
- Merrill Lynch Bank & Trust Co., FSB · New York · $38.0 billion in assets · assisted
- Bank of America Rhode Island N.A. · Providence · $35.4 billion in assets · assisted
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.