The Graveyard › Banks › 2010
Unity National Bank
Cartersville, GA · failed March 26, 2010 · FDIC certificate 34678
Unity National Bank of Cartersville, GA failed on March 26, 2010. It opened on November 30, 1998, 11 years before. At its last report before that it held $300.6 million in assets and $264.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2008, it held $324.2 million. The FDIC estimates that the Deposit Insurance Fund lost $73.6 million on it.
1998-122009-12
Assets at the end$300.6 millionlast report before March 26, 2010
Deposits at the end$264.3 million
Estimated loss to the fund$73.6 millionDIF
Largest in the quarterly reports$324.2 millionJune 30, 2008
Equity to assets3.0%December 31, 2009
Loans not being repaid12.1%noncurrent, December 31, 2009
Return on assets-5.21%a year's rate, December 31, 2009
Staff69full time, December 31, 2009
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.