The Graveyard › Banks › 2009
Vantus Bank
Sioux City, IA · failed September 4, 2009 · FDIC certificate 27732
Vantus Bank of Sioux City, IA failed on September 4, 2009. It opened in 1923, 86 years before. At its last report before that it held $503.6 million in assets and $394.4 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2000, it held $728.3 million. The FDIC estimates that the Deposit Insurance Fund lost $101.6 million on it.
1984-032009-06
Assets at the end$503.6 millionlast report before September 4, 2009
Deposits at the end$394.4 million
Estimated loss to the fund$101.6 millionDIF
Largest in the quarterly reports$728.3 millionSeptember 30, 2000
Equity to assets0.5%June 30, 2009
Loans not being repaid5.6%noncurrent, June 30, 2009
Return on assets-8.07%a year's rate, June 30, 2009
Staff149full time, June 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.