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2007
Annual Report
VI. Appendix A - Key Statistics
FDIC-Insured Institutions Closed During 2007 (Dollars in Thousands) |
Purchase and Assumption - Insured Deposits |
Name and Location |
Bank Class |
Number of Deposit Accounts |
Total Assets2 |
Total Deposits2 |
FDIC Disbursements |
Estimated Loss1 |
Date of Closing or Acquisition |
Receiver/Assuming Bank and Location |
Metropolitan Savings Bank Pittsburgh, PA |
SB |
1,534 |
$15,760 |
$17,587 |
$17,671 |
$8,906 |
2/2/2007 |
Allegheny Valley Bank Pittsburgh, PA |
NetBank Alpharetta, GA |
SB |
$174,555 |
$2,473,806 |
$1,944,096 |
$1,835,466 |
$107,664 |
9/28/2007 |
ING Bank Wilmington, DE |
Miami Valley Bank Lakeview, OH |
NM |
3,938 |
$125,362 |
$64,965 |
$56,412 |
$2,969 |
10/4/2007 |
Citizens Banking Company Sandusky, OH |
Codes for Bank Class: |
NM - State-chartered bank that is not a member of the Federal Reserve System |
N National bank |
SB - Savings Bank |
SM - State-chartered bank of the Federal Reserve |
1 Estimated losses are as of December 31, 2007. Estimated losses are routinely adjusted with updated information from new appraisals and asset sales, which ultimately affect the asset
values and projected recoveries.
2 Total Assets and Total Deposits data is based upon the last Call Report filed by institution prior to failure.
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