Cape Fear Bank
Wilmington, NC · Owner: Cape Fear Bank Corp
$492M
total assets, March 31, 2009
$492M
total assets, March 31, 2009
Cape Fear Bank was a state nonmember bank in Wilmington, NC, owned by Cape Fear Bank Corp. It failed on Apr 10, 2009, and First Federal Savings And Loan Association Of Charleston took over its deposits. At its last report it held $492.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2009
This bank failed
- Failed on
- Apr 10, 2009
- Assets
- $492M
- Deposits
- $403M
- Estimated cost
- $119M
- Deposits went to
- First Federal Savings And Loan Association Of Charleston, Charleston, SC
Total assets
$492M
+4.8% in a year · +4.1% in a quarter
Deposits
$403M
+0.9% in a year · +0.3% in a quarter
Loans
$385M
+2.6% in a year · -1.4% in a quarter
Profit so far
-$1.9M
Jan 1 to Mar 31, 2009
Capital ratio
5.24%
-2.75 pts in a year
Return on assets
-1.53%
-1.27 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1117 Military Cutoff Road, Wilmington, NC, 28405
- County
- New Hanover
- Holding company
- Cape Fear Bank Corp
- Established
- Jun 22, 1998
- Failed
- Apr 10, 2009
- Employees
- 92
- Branches
- 8
- Id
- b34639
Quarter by quarter
June 30, 1998 to March 31, 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 Cape Fear Bank?
$492.4 million in total assets and $402.8 million in deposits as of March 31, 2009, with assets up 4.8% from a year before. Its loans were $385.0 million.
How many branches does Cape Fear Bank have?
8 branches in North Carolina as of June 30, 2026.
Is Cape Fear Bank profitable?
No: it lost $1.85 million from January 1 to March 31, 2009. Its return on assets was -1.53% a year; about 1% is typical.
Who owns Cape Fear Bank?
Cape Fear Bank is owned by Cape Fear Bank Corp, its holding company.
When did Cape Fear Bank fail?
Apr 10, 2009. First Federal Savings And Loan Association Of Charleston of Charleston, SC took over its deposits. The estimated cost of the failure was $118.6 million.
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.