Bank failure · HI

Bank of Honolulu (Honolulu, HI) — failed October 13, 2000

Bank of Honolulu of Honolulu, Hawaii was closed on October 13, 2000 and resolved through a purchase and assumption (insured deposits). Bank of the Orient (CA) took over its insured deposits. At failure it held $63.9M in assets and $59.0M in deposits. The FDIC's estimated loss on the failure is $400K (0.6% of assets).