$11.4B
total assets, September 30, 2009
AmTrust Bank was a savings bank in Cleveland, OH. It failed on Dec 4, 2009, and New York Community Bank took over its deposits. At its last report it held $11.4 billion in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2009
This bank failed
- Failed on
- Dec 4, 2009
- Assets
- $11.4B
- Deposits
- $8.6B
- Estimated cost
- $1.7B
- Deposits went to
- New York Community Bank, Westbury, NY
Total assets
$11.4B
-30.8% in a year · -12.8% in a quarter
Deposits
$8.6B
-29.9% in a year · -11.2% in a quarter
Loans
$8.1B
-33.8% in a year · -12.0% in a quarter
Profit so far
-$482M
Jan 1 to Sep 30, 2009
Capital ratio
2.47%
-2.89 pts in a year
Return on assets
-4.72%
-1.90 pts in a year
Facts
- Type
- Savings bank
- Head office
- 1801 East Ninth Street, Cleveland, OH, 44114
- County
- Cuyahoga
- Established
- Jan 1, 1921
- Failed
- Dec 4, 2009
- Employees
- 1,728
- Branches
- 65 in 3 states
- Id
- b29776
Quarter by quarter
March 31, 1984 to September 30, 2009
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is AmTrust Bank?
$11.4 billion in total assets and $8.6 billion in deposits as of September 30, 2009, with assets down 30.8% from a year before. Its loans were $8.1 billion.
How many branches does AmTrust Bank have?
65 branches in 3 states as of June 30, 2026.
Is AmTrust Bank profitable?
No: it lost $482.3 million from January 1 to September 30, 2009. Its return on assets was -4.72% a year; about 1% is typical.
When did AmTrust Bank fail?
Dec 4, 2009. New York Community Bank of Westbury, NY took over its deposits. The estimated cost of the failure was $1.7 billion.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.