The Graveyard › Banks › 2019
Resolute Bank
Maumee, OH · failed October 25, 2019 · FDIC certificate 58317
Resolute Bank of Maumee, OH failed on October 25, 2019. It opened on October 2, 2006, 13 years before. At its last report before that it held $23.3 million in assets and $22.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2009, it held $57.9 million. The FDIC estimates that the Deposit Insurance Fund lost $1.6 million on it.
2006-122019-09
Assets at the end$23.3 millionlast report before October 25, 2019
Deposits at the end$22.9 million
Estimated loss to the fund$1.6 millionDIF
Largest in the quarterly reports$57.9 millionMarch 31, 2009
Equity to assets0.7%September 30, 2019
Loans not being repaid3.5%noncurrent, September 30, 2019
Return on assets-7.01%a year's rate, September 30, 2019
Staff19full time, September 30, 2019
Also ended in 2019
- City National Bank of New Jersey · Newark, NJ · $120.6 million in assets
- The Enloe State Bank · Cooper, TX · $36.7 million in assets
- Louisa Community Bank · Louisa, KY · $28.2 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.