The Graveyard › Banks › 2013
Sunrise Bank
Valdosta, GA · failed May 10, 2013 · FDIC certificate 58185
Sunrise Bank of Valdosta, GA failed on May 10, 2013. It opened on June 21, 2006, 6 years before. At its last report before that it held $60.8 million in assets and $57.8 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2010, it held $120.6 million. The FDIC estimates that the Deposit Insurance Fund lost $16.0 million on it.
2006-062013-03
Assets at the end$60.8 millionlast report before May 10, 2013
Deposits at the end$57.8 million
Estimated loss to the fund$16.0 millionDIF
Largest in the quarterly reports$120.6 millionSeptember 30, 2010
Equity to assets1.5%March 31, 2013
Loans not being repaid24.0%noncurrent, March 31, 2013
Return on assets-4.44%a year's rate, March 31, 2013
Staff23full time, March 31, 2013
Also ended in 2013
- First National Bank · Edinburg, TX · $3.1 billion in assets
- Mountain National Bank · Sevierville, TN · $437.3 million in assets
- Community South Bank · Parsons, TN · $386.9 million in assets
- Douglas County Bank · Douglasville, GA · $317.3 million in assets
- Frontier Bank · Lagrange, GA · $258.8 million in assets
- First Community Bank of Southwest Florida · Fort Myers, FL · $247.3 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.