The Graveyard › Banks › 2009
Strategic Capital Bank
Champaign, IL · failed May 22, 2009 · FDIC certificate 35175
Strategic Capital Bank of Champaign, IL failed on May 22, 2009. It opened on November 1, 1999, 9 years before. At its last report before that it held $546.6 million in assets and $479.4 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2008, it held $672.9 million. The FDIC estimates that the Deposit Insurance Fund lost $92.7 million on it.
1999-122009-03
Assets at the end$546.6 millionlast report before May 22, 2009
Deposits at the end$479.4 million
Estimated loss to the fund$92.7 millionDIF
Largest in the quarterly reports$672.9 millionJune 30, 2008
Equity to assets2.4%March 31, 2009
Loans not being repaid15.2%noncurrent, March 31, 2009
Return on assets1.13%a year's rate, March 31, 2009
Staff29full time, March 31, 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.