The Graveyard › Banks › 2012
SCB Bank
Shelbyville, IN · failed February 10, 2012 · FDIC certificate 29761
SCB Bank of Shelbyville, IN failed on February 10, 2012. It opened in 1891, 121 years before. At its last report before that it held $182.6 million in assets and $171.4 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2009, it held $265.0 million. The FDIC estimates that the Deposit Insurance Fund lost $38.3 million on it.
1984-032011-12
Assets at the end$182.6 millionlast report before February 10, 2012
Deposits at the end$171.4 million
Estimated loss to the fund$38.3 millionDIF
Largest in the quarterly reports$265.0 millionDecember 31, 2009
Equity to assets-0.0%December 31, 2011
Loans not being repaid9.9%noncurrent, December 31, 2011
Return on assets-4.27%a year's rate, December 31, 2011
Staff54full time, December 31, 2011
Also ended in 2012
- Tennessee Commerce Bank · Franklin, TN · $1.0 billion in assets
- Citizens First National Bank · Princeton, IL · $924.0 million in assets
- Fidelity Bank · Dearborn, MI · $818.2 million in assets
- Waccamaw Bank · Whiteville, NC · $533.1 million in assets
- The First State Bank · Stockbridge, GA · $516.8 million in assets
- Inter Savings Bank, fsb D/B/A Interbank, fsb · Maple Grove, MN · $463.8 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.