The Graveyard › Banks › 2014
Valley Bank
Moline, IL · failed June 20, 2014 · FDIC certificate 10450
Valley Bank of Moline, IL failed on June 20, 2014. It opened on March 1, 1911, 103 years before. At its last report before that it held $456.4 million in assets and $360.0 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2008, it held $703.5 million. The FDIC estimates that the Deposit Insurance Fund lost $47.8 million on it.
1984-032014-03
Assets at the end$456.4 millionlast report before June 20, 2014
Deposits at the end$360.0 million
Estimated loss to the fund$47.8 millionDIF
Largest in the quarterly reports$703.5 millionDecember 31, 2008
Equity to assets0.7%March 31, 2014
Loans not being repaid17.2%noncurrent, March 31, 2014
Return on assets-3.72%a year's rate, March 31, 2014
Staff145full time, March 31, 2014
Also ended in 2014
- The National Republic Bank of Chicago · Chicago, IL · $843.1 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
- Slavie Federal Savings Bank · Bel Air, MD · $140.1 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.