The Graveyard › Banks › 2009
SolutionsBank
Overland Park, KS · failed December 11, 2009 · FDIC certificate 4731
SolutionsBank of Overland Park, KS failed on December 11, 2009. It opened in 1881, 128 years before. At its last report before that it held $511.1 million in assets and $421.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2009, it held $557.6 million. The FDIC estimates that the Deposit Insurance Fund lost $93.4 million on it.
1984-032009-09
Assets at the end$511.1 millionlast report before December 11, 2009
Deposits at the end$421.3 million
Estimated loss to the fund$93.4 millionDIF
Largest in the quarterly reports$557.6 millionJune 30, 2009
Equity to assets3.1%September 30, 2009
Loans not being repaid14.3%noncurrent, September 30, 2009
Return on assets-6.72%a year's rate, September 30, 2009
Staff78full time, September 30, 2009
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.
