The Graveyard › Banks › 2011
Western National Bank
Phoenix, AZ · failed December 16, 2011 · FDIC certificate 57917
Western National Bank of Phoenix, AZ failed on December 16, 2011. It opened on February 2, 2005, 6 years before. At its last report before that it held $162.9 million in assets and $144.5 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2009, it held $258.8 million. The FDIC estimates that the Deposit Insurance Fund lost $41.7 million on it.
2005-032011-09
Assets at the end$162.9 millionlast report before December 16, 2011
Deposits at the end$144.5 million
Estimated loss to the fund$41.7 millionDIF
Largest in the quarterly reports$258.8 millionSeptember 30, 2009
Equity to assets1.1%September 30, 2011
Loans not being repaid15.4%noncurrent, September 30, 2011
Return on assets-4.57%a year's rate, September 30, 2011
Staff23full time, September 30, 2011
Also ended in 2011
- Superior Bank · Birmingham, AL · $3.0 billion in assets
- First Community Bank · Taos, NM · $2.2 billion in assets
- United Western Bank · Denver, CO · $2.2 billion in assets
- Integra Bank National Association · Evansville, IN · $2.0 billion in assets
- Lydian Private Bank · Palm Beach, FL · $1.7 billion in assets
- Community Banks of Colorado · Greenwood Village, CO · $1.3 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.