The Graveyard › Banks › 2009
Valley Capital Bank, N.A.
Mesa, AZ · failed December 11, 2009 · FDIC certificate 58399
Valley Capital Bank, N.A. of Mesa, AZ failed on December 11, 2009. It opened on November 10, 2006, 3 years before. At its last report before that it held $40.3 million in assets and $41.3 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2008, it held $49.5 million. The FDIC estimates that the Deposit Insurance Fund lost $15.0 million on it.
2006-122009-09
Assets at the end$40.3 millionlast report before December 11, 2009
Deposits at the end$41.3 million
Estimated loss to the fund$15.0 millionDIF
Largest in the quarterly reports$49.5 millionSeptember 30, 2008
Equity to assets-3.3%September 30, 2009
Loans not being repaid11.3%noncurrent, September 30, 2009
Return on assets-16.86%a year's rate, September 30, 2009
Staff20full time, September 30, 2009
Also ended in 2009
- Bank of America N.A. · Charlotte · $1.47 trillion in assets · assisted
- FIA Card Services N.A. · Wilmington · $159.6 billion in assets · assisted
- Countrywide Bank, FSB · Alexandria · $118.0 billion in assets · assisted
- Merrill Lynch Bank USA · Salt Lake City · $61.8 billion in assets · assisted
- Merrill Lynch Bank & Trust Co., FSB · New York · $38.0 billion in assets · assisted
- Bank of America Rhode Island N.A. · Providence · $35.4 billion in assets · assisted
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.