The Graveyard › Banks › 2010
Security Savings Bank, F.S.B.
Olathe, KS · failed October 15, 2010 · FDIC certificate 30898
Security Savings Bank, F.S.B. of Olathe, KS failed on October 15, 2010. It opened in 1956, 54 years before. At its last report before that it held $453.3 million in assets and $347.1 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2005, it held $851.0 million. The FDIC estimates that the Deposit Insurance Fund lost $53.1 million on it.
1984-032010-09
Assets at the end$453.3 millionlast report before October 15, 2010
Deposits at the end$347.1 million
Estimated loss to the fund$53.1 millionDIF
Largest in the quarterly reports$851.0 millionDecember 31, 2005
Equity to assets2.6%September 30, 2010
Loans not being repaid9.9%noncurrent, September 30, 2010
Return on assets-4.77%a year's rate, September 30, 2010
Staff101full time, September 30, 2010
Also ended in 2010
- Westernbank Puerto Rico · Mayaguez, PR · $10.8 billion in assets
- R-G Premier Bank of Puerto Rico · Hato Rey, PR · $5.7 billion in assets
- La Jolla Bank, FSB · La Jolla, CA · $3.6 billion in assets
- Riverside National Bank of Florida · Fort Pierce, FL · $3.4 billion in assets
- Frontier Bank · Everett, WA · $3.3 billion in assets
- Midwest Bank and Trust Company · Elmwood Park, IL · $3.2 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.