The Graveyard › Banks › 2011

San Luis Trust Bank, FSB

San Luis Obispo, CA · failed February 18, 2011 · FDIC certificate 34783

San Luis Trust Bank, FSB of San Luis Obispo, CA failed on February 18, 2011. It opened on February 24, 1999, 11 years before. At its last report before that it held $332.6 million in assets and $272.2 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2009, it held $403.3 million. The FDIC estimates that the Deposit Insurance Fund lost $72.9 million on it.

1999-032010-12

Assets at the end$332.6 millionlast report before February 18, 2011

Deposits at the end$272.2 million

Estimated loss to the fund$72.9 millionDIF

Largest in the quarterly reports$403.3 millionSeptember 30, 2009

Equity to assets-0.6%December 31, 2010

Loans not being repaid29.5%noncurrent, December 31, 2010

Return on assets-8.54%a year's rate, December 31, 2010

Staff26full time, December 31, 2010

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Also ended in 2011

Superior Bank · Birmingham, AL · $3.0 billion in assets
First Community Bank · Taos, NM · $2.2 billion in assets
United Western Bank · Denver, CO · $2.2 billion in assets
Integra Bank National Association · Evansville, IN · $2.0 billion in assets
Lydian Private Bank · Palm Beach, FL · $1.7 billion in assets
Community Banks of Colorado · Greenwood Village, CO · $1.3 billion 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.