The Graveyard › Banks › 1999
Victory State Bank
Columbia, SC · failed March 26, 1999 · FDIC certificate 17200
Victory State Bank of Columbia, SC failed on March 26, 1999. It opened on October 13, 1921, 77 years before. At its last report before that it held $13.2 million in assets and $12.9 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1986, it held $18.2 million. The FDIC estimates that the Bank Insurance Fund lost $0 on it.
1984-031998-12
Assets at the end$13.2 millionlast report before March 26, 1999
Deposits at the end$12.9 million
Estimated loss to the fund$0BIF
Largest in the quarterly reports$18.2 millionDecember 31, 1986
Equity to assets1.8%December 31, 1998
Loans not being repaid9.7%noncurrent, December 31, 1998
Return on assets-5.25%a year's rate, December 31, 1998
Staff9full time, December 31, 1998
Also ended in 1999
- First NB of Keystone · Keystone, WV · $1.1 billion in assets
- Pacific Thrift and Loan Co · Woodland Hills · $127.3 million in assets
- East Texas NB of Marshall · Marshall, TX · $121.6 million in assets
- Golden City Commercial Bank · New York, NY · $87.2 million in assets
- Oceanmark Bank, A FSB · North Miami Beach, FL · $69.0 million in assets
- Peoples NB of Commerce · Miami, FL · $36.8 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.