The Graveyard › Banks › 2011
Superior Bank
Birmingham, AL · failed April 15, 2011 · FDIC certificate 17750
Superior Bank of Birmingham, AL failed on April 15, 2011. It opened on May 31, 1957, 53 years before. At its last report before that it held $3.0 billion in assets and $2.7 billion in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2010, it held $3.4 billion. The FDIC estimates that the Deposit Insurance Fund lost $281.2 million on it.
1984-032011-03
Assets at the end$3.0 billionlast report before April 15, 2011
Deposits at the end$2.7 billion
Estimated loss to the fund$281.2 millionDIF
Largest in the quarterly reports$3.4 billionJune 30, 2010
Equity to assets-0.5%March 31, 2011
Loans not being repaid13.9%noncurrent, March 31, 2011
Return on assets-4.72%a year's rate, March 31, 2011
Staff772full time, March 31, 2011
Also ended in 2011
- First Community Bank · Taos, NM · $2.2 billion in assets
- United Western Bank · Denver, CO · $2.2 billion in assets
- Integra Bank National Association · Evansville, IN · $2.0 billion in assets
- Lydian Private Bank · Palm Beach, FL · $1.7 billion in assets
- Community Banks of Colorado · Greenwood Village, CO · $1.3 billion in assets
- Bank of the Commonwealth · Norfolk, VA · $985.1 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.