$191M
total assets, June 30, 2010
USA Bank was a state nonmember bank in Port Chester, NY. It failed on Jul 9, 2010, and New Century Bank took over its deposits. At its last report it held $190.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Jul 9, 2010
- Assets
- $191M
- Deposits
- $189M
- Estimated cost
- $63.5M
- Deposits went to
- New Century Bank, Phoenixville, PA
Total assets
$191M
-16.3% in a year · -1.4% in a quarter
Deposits
$189M
-0.4% in a year · -0.7% in a quarter
Loans
$153M
-9.5% in a year · -6.0% in a quarter
Profit so far
-$4.5M
Jan 1 to Jun 30, 2010
Capital ratio
0.83%
-5.76 pts in a year
Return on assets
-4.49%
-0.10 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 601 North Main Street, Port Chester, NY, 10573
- County
- Westchester
- Established
- Dec 22, 2005
- Failed
- Jul 9, 2010
- Employees
- 30
- Branches
- 1
- Id
- b58072
Quarter by quarter
December 31, 2005 to June 30, 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 USA Bank?
$190.7 million in total assets and $188.6 million in deposits as of June 30, 2010, with assets down 16.3% from a year before. Its loans were $152.8 million.
How many branches does USA Bank have?
1 branch in New York as of June 30, 2026.
Is USA Bank profitable?
No: it lost $4.53 million from January 1 to June 30, 2010. Its return on assets was -4.49% a year; about 1% is typical.
When did USA Bank fail?
Jul 9, 2010. New Century Bank of Phoenixville, PA took over its deposits. The estimated cost of the failure was $63.5 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.