The Graveyard › Banks › 2009
Silver Falls Bank
Silverton, OR · failed February 20, 2009 · FDIC certificate 35399
Silver Falls Bank of Silverton, OR failed on February 20, 2009. It opened on April 24, 2000, 8 years before. At its last report before that it held $134.2 million in assets and $116.0 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2008, it held $149.8 million. The FDIC estimates that the Deposit Insurance Fund lost $39.1 million on it.
2000-062008-12
Assets at the end$134.2 millionlast report before February 20, 2009
Deposits at the end$116.0 million
Estimated loss to the fund$39.1 millionDIF
Largest in the quarterly reports$149.8 millionJune 30, 2008
Equity to assets2.1%December 31, 2008
Loans not being repaid26.7%noncurrent, December 31, 2008
Return on assets-6.41%a year's rate, December 31, 2008
Staff33full time, December 31, 2008
Also ended in 2009
- Bank of America N.A. · Charlotte · $1.47 trillion in assets · assisted
- FIA Card Services N.A. · Wilmington · $159.6 billion in assets · assisted
- Countrywide Bank, FSB · Alexandria · $118.0 billion in assets · assisted
- Merrill Lynch Bank USA · Salt Lake City · $61.8 billion in assets · assisted
- Merrill Lynch Bank & Trust Co., FSB · New York · $38.0 billion in assets · assisted
- Bank of America Rhode Island N.A. · Providence · $35.4 billion in assets · assisted
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.