The Graveyard › Banks › 2013
Pisgah Community Bank
Asheville, NC · failed May 10, 2013 · FDIC certificate 58701
Pisgah Community Bank of Asheville, NC failed on May 10, 2013. It opened on May 15, 2008, 4 years before. At its last report before that it held $21.9 million in assets and $21.2 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2009, it held $62.8 million. The FDIC estimates that the Deposit Insurance Fund lost $7.9 million on it.
2008-062013-03
Assets at the end$21.9 millionlast report before May 10, 2013
Deposits at the end$21.2 million
Estimated loss to the fund$7.9 millionDIF
Largest in the quarterly reports$62.8 millionDecember 31, 2009
Equity to assets2.6%March 31, 2013
Loans not being repaid19.0%noncurrent, March 31, 2013
Return on assets-0.02%a year's rate, March 31, 2013
Staff5full time, March 31, 2013
Also ended in 2013
- First National Bank · Edinburg, TX · $3.1 billion in assets
- Mountain National Bank · Sevierville, TN · $437.3 million 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
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.