The Graveyard › Banks › 2014
Vantage Point Bank
Horsham, PA · failed February 28, 2014 · FDIC certificate 58531
Vantage Point Bank of Horsham, PA failed on February 28, 2014. It opened on December 24, 2007, 6 years before. At its last report before that it held $63.5 million in assets and $62.5 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2012, it held $94.2 million. The FDIC estimates that the Deposit Insurance Fund lost $9.0 million on it.
2007-122013-12
Assets at the end$63.5 millionlast report before February 28, 2014
Deposits at the end$62.5 million
Estimated loss to the fund$9.0 millionDIF
Largest in the quarterly reports$94.2 millionSeptember 30, 2012
Equity to assets1.1%December 31, 2013
Loans not being repaid4.1%noncurrent, December 31, 2013
Return on assets-4.97%a year's rate, December 31, 2013
Staff42full time, December 31, 2013
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.