The Graveyard › Banks › 2012
Waukegan Savings Bank
Waukegan, IL · failed August 3, 2012 · FDIC certificate 28243
Waukegan Savings Bank of Waukegan, IL failed on August 3, 2012. It opened in 1924, 88 years before. At its last report before that it held $83.7 million in assets and $73.0 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2003, it held $134.3 million. The FDIC estimates that the Deposit Insurance Fund lost $23.5 million on it.
1984-032012-06
Assets at the end$83.7 millionlast report before August 3, 2012
Deposits at the end$73.0 million
Estimated loss to the fund$23.5 millionDIF
Largest in the quarterly reports$134.3 millionSeptember 30, 2003
Equity to assets0.0%June 30, 2012
Loans not being repaid7.7%noncurrent, June 30, 2012
Return on assets-5.35%a year's rate, June 30, 2012
Staff26full time, June 30, 2012
Also ended in 2012
- Tennessee Commerce Bank · Franklin, TN · $1.0 billion in assets
- Citizens First National Bank · Princeton, IL · $924.0 million in assets
- Fidelity Bank · Dearborn, MI · $818.2 million in assets
- Waccamaw Bank · Whiteville, NC · $533.1 million in assets
- The First State Bank · Stockbridge, GA · $516.8 million in assets
- Inter Savings Bank, fsb D/B/A Interbank, fsb · Maple Grove, MN · $463.8 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.