The Graveyard › Banks › 2010
TierOne Bank
Lincoln, NE · failed June 4, 2010 · FDIC certificate 29341
TierOne Bank of Lincoln, NE failed on June 4, 2010. It opened in 1907, 103 years before. At its last report before that it held $2.8 billion in assets and $2.2 billion in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2007, it held $3.5 billion. The FDIC's list records no loss to the Deposit Insurance Fund.
1984-032010-03
Assets at the end$2.8 billionlast report before June 4, 2010
Deposits at the end$2.2 billion
Estimated loss to the fundnone recordedDIF
Largest in the quarterly reports$3.5 billionSeptember 30, 2007
Equity to assets2.8%March 31, 2010
Loans not being repaid22.1%noncurrent, March 31, 2010
Return on assets-2.75%a year's rate, March 31, 2010
Staff764full time, March 31, 2010
Also ended in 2010
- Westernbank Puerto Rico · Mayaguez, PR · $10.8 billion in assets
- R-G Premier Bank of Puerto Rico · Hato Rey, PR · $5.7 billion in assets
- La Jolla Bank, FSB · La Jolla, CA · $3.6 billion in assets
- Riverside National Bank of Florida · Fort Pierce, FL · $3.4 billion in assets
- Frontier Bank · Everett, WA · $3.3 billion in assets
- Midwest Bank and Trust Company · Elmwood Park, IL · $3.2 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.