The Graveyard › Banks › 2023
Silicon Valley Bank
Santa Clara, CA · failed March 10, 2023 · FDIC certificate 24735
Silicon Valley Bank of Santa Clara, CA failed on March 10, 2023. It opened on October 17, 1983, 39 years before. At its last report before that it held $209.0 billion in assets and $175.4 billion in deposits. The FDIC estimates that the Deposit Insurance Fund lost $18.7 billion on it.
1984-032022-12
Assets at the end$209.0 billionlast report before March 10, 2023
Deposits at the end$175.4 billion
Estimated loss to the fund$18.7 billionDIF
Largest in the quarterly reports$217.8 billionMarch 31, 2022
Equity to assets7.4%December 31, 2022
Loans not being repaid0.2%noncurrent, December 31, 2022
Return on assets0.96%a year's rate, December 31, 2022
Staff7,095full time, December 31, 2022
Also ended in 2023
- First Republic Bank · San Francisco, CA · $212.6 billion in assets
- Signature Bank · New York, NY · $110.4 billion in assets
- Heartland Tri-State Bank · Elkhart, KS · $139.4 million in assets
- Citizens Bank · Sac City, IA · $60.4 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.