The Graveyard › Banks › 2010
Wakulla Bank
Crawfordville, FL · failed October 1, 2010 · FDIC certificate 21777
Wakulla Bank of Crawfordville, FL failed on October 1, 2010. It opened on October 1, 1974, 36 years before. At its last report before that it held $402.2 million in assets and $367.2 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2009, it held $513.9 million. The FDIC estimates that the Deposit Insurance Fund lost $119.9 million on it.
1984-032010-09
Assets at the end$402.2 millionlast report before October 1, 2010
Deposits at the end$367.2 million
Estimated loss to the fund$119.9 millionDIF
Largest in the quarterly reports$513.9 millionMarch 31, 2009
Equity to assets3.1%September 30, 2010
Loans not being repaid14.6%noncurrent, September 30, 2010
Return on assets-4.90%a year's rate, September 30, 2010
Staff129full time, September 30, 2010
Also ended in 2010
- Westernbank Puerto Rico · Mayaguez, PR · $10.8 billion in assets
- R-G Premier Bank of Puerto Rico · Hato Rey, PR · $5.7 billion in assets
- La Jolla Bank, FSB · La Jolla, CA · $3.6 billion in assets
- Riverside National Bank of Florida · Fort Pierce, FL · $3.4 billion in assets
- Frontier Bank · Everett, WA · $3.3 billion in assets
- Midwest Bank and Trust Company · Elmwood Park, IL · $3.2 billion 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.