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Bank failure · UT

Barnes Banking Company (Kaysville, UT) — failed January 15, 2010

Barnes Banking Company of Kaysville, Utah was closed on January 15, 2010 and resolved through a dinb. 0 (0) took over its insured deposits. At failure it held $709.2M in assets and $697.1M in deposits. The FDIC's estimated loss on the failure is $106.8M (15.1% of assets).

Closing date
January 15, 2010
FDIC certificate #
1252
Resolution
DINB (failure)
Acquiring institution
0
Insurance fund
DIF
Pre-failure filings
Last reported financials

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