TellerScore

Bank failure · UT

Centennial Bank (Ogden, UT) — failed March 5, 2010

Centennial Bank of Ogden, Utah was closed on March 5, 2010 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $212.8M in assets and $205.1M in deposits. The FDIC's estimated loss on the failure is $70.5M (33.1% of assets).

Closing date
March 5, 2010
FDIC certificate #
34430
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2010

What happens when a bank fails