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Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

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2007 Annual Report

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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
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.

Last Updated 05/06/2008

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