The Graveyard › Banks › 2009
Pacific National Bank
San Francisco, CA · failed October 30, 2009 · FDIC certificate 30006
Pacific National Bank of San Francisco, CA failed on October 30, 2009. It opened in 1887, 122 years before. At its last report before that it held $2.3 billion in assets and $1.8 billion in deposits. The FDIC estimates that the Deposit Insurance Fund lost $58.6 million on it.
1984-032009-09
Assets at the end$2.3 billionlast report before October 30, 2009
Deposits at the end$1.8 billion
Estimated loss to the fund$58.6 millionDIF
Largest in the quarterly reports$2.3 billionSeptember 30, 2009
Equity to assets7.2%September 30, 2009
Loans not being repaid6.2%noncurrent, September 30, 2009
Return on assets-1.24%a year's rate, September 30, 2009
Staff180full time, September 30, 2009
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.