$121M
total assets, December 31, 2010
Charter Oak Bank was a state nonmember bank in Napa, CA. It failed on Feb 18, 2011, and Bank Of Marin took over its deposits. At its last report it held $120.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2010
This bank failed
- Failed on
- Feb 18, 2011
- Assets
- $121M
- Deposits
- $105M
- Estimated cost
- $20.1M
- Deposits went to
- Bank Of Marin, Novato, CA
Total assets
$121M
-21.2% in a year · -10.9% in a quarter
Deposits
$105M
-17.8% in a year · -8.7% in a quarter
Loans
$107M
-17.7% in a year · -7.3% in a quarter
Profit so far
-$13.2M
Jan 1 to Dec 31, 2010
Capital ratio
0.44%
-8.24 pts in a year
Return on assets
-9.62%
-7.14 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 600 Trancas Street, Napa, CA, 94558
- County
- Napa
- Established
- Dec 17, 2004
- Failed
- Feb 18, 2011
- Employees
- 27
- Branches
- 2
- Id
- b57855
Quarter by quarter
December 31, 2004 to December 31, 2010
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 Oak Bank?
$120.8 million in total assets and $105.3 million in deposits as of December 31, 2010, with assets down 21.2% from a year before. Its loans were $107.0 million.
How many branches does Charter Oak Bank have?
2 branches in California as of June 30, 2026.
Is Charter Oak Bank profitable?
No: it lost $13.2 million from January 1 to December 31, 2010. Its return on assets was -9.62% a year; about 1% is typical.
When did Charter Oak Bank fail?
Feb 18, 2011. Bank Of Marin of Novato, CA took over its deposits. The estimated cost of the failure was $20.1 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.