The Graveyard › Banks › 2014
Valley Bank
Fort Lauderdale, FL · failed June 20, 2014 · FDIC certificate 21793
Valley Bank of Fort Lauderdale, FL failed on June 20, 2014. It opened on October 15, 1974, 39 years before. At its last report before that it held $81.8 million in assets and $66.5 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2008, it held $181.6 million. The FDIC estimates that the Deposit Insurance Fund lost $5.4 million on it.
1984-032014-03
Assets at the end$81.8 millionlast report before June 20, 2014
Deposits at the end$66.5 million
Estimated loss to the fund$5.4 millionDIF
Largest in the quarterly reports$181.6 millionSeptember 30, 2008
Equity to assets0.5%March 31, 2014
Loans not being repaid15.9%noncurrent, March 31, 2014
Return on assets-4.94%a year's rate, March 31, 2014
Staff11full time, March 31, 2014
Also ended in 2014
- The National Republic Bank of Chicago · Chicago, IL · $843.1 million in assets
- Valley Bank · Moline, IL · $456.4 million in assets
- The Bank of Union · El Reno, OK · $317.2 million in assets
- Eastside Commercial Bank · Conyers, GA · $173.9 million in assets
- Nbrs Financial Bank · Rising Sun, MD · $155.4 million in assets
- Syringa Bank · Boise, ID · $153.4 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.