The Graveyard › Banks › 2010
Shoreline Bank
Shoreline, WA · failed October 1, 2010 · FDIC certificate 35250
Shoreline Bank of Shoreline, WA failed on October 1, 2010. It opened on September 15, 1999, 11 years before. At its last report before that it held $93.0 million in assets and $90.6 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2009, it held $133.8 million. The FDIC estimates that the Deposit Insurance Fund lost $23.5 million on it.
1999-092010-09
Assets at the end$93.0 millionlast report before October 1, 2010
Deposits at the end$90.6 million
Estimated loss to the fund$23.5 millionDIF
Largest in the quarterly reports$133.8 millionMarch 31, 2009
Equity to assets1.2%September 30, 2010
Loans not being repaid17.0%noncurrent, September 30, 2010
Return on assets-5.14%a year's rate, September 30, 2010
Staff30full 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.