The Graveyard › Banks › 2001
SINCLAIR NATIONAL BANK
Gravette, AR · failed September 7, 2001 · FDIC certificate 34248
SINCLAIR NATIONAL BANK of Gravette, AR failed on September 7, 2001. It opened on October 16, 1996, 4 years before. At its last report before that it held $29.8 million in assets and $26.1 million in deposits. The FDIC estimates that the Bank Insurance Fund lost $4.2 million on it.
1996-122001-06
Assets at the end$29.8 millionlast report before September 7, 2001
Deposits at the end$26.1 million
Estimated loss to the fund$4.2 millionBIF
Largest in the quarterly reports$30.3 millionMarch 31, 2001
Equity to assets9.3%June 30, 2001
Loans not being repaid8.6%noncurrent, June 30, 2001
Return on assets-4.97%a year's rate, June 30, 2001
Staff10full time, June 30, 2001
Also ended in 2001
- Superior Bank FSB · Hinsdale, IL · $1.8 billion in assets
- First Alliance Bank and Trust Co · Manchester, NH · $17.4 million in assets
- The Malta National Bank · Malta, OH · $9.1 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.