The Graveyard › Banks › 2009
RockBridge Commercial Bank
Atlanta, GA · failed December 18, 2009 · FDIC certificate 58315
RockBridge Commercial Bank of Atlanta, GA failed on December 18, 2009. It opened on November 13, 2006, 3 years before. At its last report before that it held $294.0 million in assets and $291.7 million in deposits. The FDIC estimates that the Deposit Insurance Fund lost $98.8 million on it.
2006-122009-09
Assets at the end$294.0 millionlast report before December 18, 2009
Deposits at the end$291.7 million
Estimated loss to the fund$98.8 millionDIF
Largest in the quarterly reports$294.0 millionSeptember 30, 2009
Equity to assets0.5%September 30, 2009
Loans not being repaid30.1%noncurrent, September 30, 2009
Return on assets-13.55%a year's rate, September 30, 2009
Staff20full 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.