The Graveyard › Banks › 2009
Riverview Community Bank
Ostego, MN · failed October 23, 2009 · FDIC certificate 57525
Riverview Community Bank of Ostego, MN failed on October 23, 2009. It opened on March 17, 2003, 6 years before. At its last report before that it held $99.1 million in assets and $75.0 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2007, it held $146.9 million. The FDIC estimates that the Deposit Insurance Fund lost $23.5 million on it.
2003-032009-09
Assets at the end$99.1 millionlast report before October 23, 2009
Deposits at the end$75.0 million
Estimated loss to the fund$23.5 millionDIF
Largest in the quarterly reports$146.9 millionSeptember 30, 2007
Equity to assets1.8%September 30, 2009
Loans not being repaid7.9%noncurrent, September 30, 2009
Return on assets-4.87%a year's rate, September 30, 2009
Staff21full 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.