The Graveyard › Banks › 2011
The First State Bank
Camargo, OK · failed January 28, 2011 · FDIC certificate 2303
The First State Bank of Camargo, OK failed on January 28, 2011. It opened on September 29, 1911, 99 years before. At its last report before that it held $44.5 million in assets and $41.2 million in deposits. The FDIC estimates that the Deposit Insurance Fund lost $33.6 million on it.
1984-032010-12
Assets at the end$44.5 millionlast report before January 28, 2011
Deposits at the end$41.2 million
Estimated loss to the fund$33.6 millionDIF
Largest in the quarterly reports$44.5 millionDecember 31, 2010
Equity to assets7.3%December 31, 2010
Loans not being repaid5.3%noncurrent, December 31, 2010
Return on assets1.83%a year's rate, December 31, 2010
Staff8full time, December 31, 2010
Also ended in 2011
- Superior Bank · Birmingham, AL · $3.0 billion in assets
- 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
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.