$1.2B
total assets, December 31, 2009
Charter Bank was a savings bank in Santa Fe, NM. It failed on Jan 22, 2010, and Charter Bank took over its deposits. At its last report it held $1.2 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2009
This bank failed
- Failed on
- Jan 22, 2010
- Assets
- $1.2B
- Deposits
- $860M
- Estimated cost
- $127M
- Deposits went to
- Charter Bank, Albuquerque, NM
Total assets
$1.2B
-11.3% in a year · -4.0% in a quarter
Deposits
$860M
+15.5% in a year · +1.2% in a quarter
Loans
$768M
-25.3% in a year · -14.7% in a quarter
Profit so far
-$112M
Jan 1 to Dec 31, 2009 · -2826.1% in a year
Capital ratio
-4.87%
-10.85 pts in a year
Return on assets
-8.52%
-8.81 pts in a year
Facts
- Type
- Savings bank
- Head office
- 809 Saint Michaels Drive, Santa Fe, NM, 87505
- County
- Santa Fe
- Established
- Sep 11, 1986
- Failed
- Jan 22, 2010
- Employees
- 248
- Branches
- 8
- Id
- b32498
Quarter by quarter
September 30, 1986 to December 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 Charter Bank?
$1.2 billion in total assets and $859.9 million in deposits as of December 31, 2009, with assets down 11.3% from a year before. Its loans were $767.7 million.
How many branches does Charter Bank have?
8 branches in New Mexico as of June 30, 2026.
Is Charter Bank profitable?
No: it lost $111.5 million from January 1 to December 31, 2009. Its return on assets was -8.52% a year; about 1% is typical.
When did Charter Bank fail?
Jan 22, 2010. Charter Bank of Albuquerque, NM took over its deposits. The estimated cost of the failure was $127.2 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.