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| 9/17/2010 | ISN Bank (Cherry Hill, N.J.) | 2001 | $81,600,000 | $79,700,000 | 1 | New Jersey | $23,900,000 | New Century Bank (doing business as Customers Bank) of Phoenixville, Pa., assumed all of the deposits of ISN Bank. | ||||
| 9/17/2010 | The Peoples Bank (Winder, Ga.) | 1926 | $447,200,000 | $398,200,000 | 14 | Georgia | $98,900,000 | Community & Southern Bank of Carrollton, Ga., acquired the banking operations, including all the deposits, of The Peoples Bank and two other Georgia-based institutions. | ||||
| 9/17/2010 | First Commerce Community Bank (Douglasville, Ga.) | 2003 | $248,200,000 | $242,800,000 | 2 | Georgia | $71,400,000 | Community & Southern Bank of Carrollton, Ga., acquired the banking operations, including all the deposits, of First Commerce Community Bank and two other Georgia-based institutions. | ||||
| 9/17/2010 | Bank of Ellijay, (Ellijay, Ga.) | 1914 | $168,800,000 | $160,700,000 | 2 | Georgia | $55,200,000 | Community & Southern Bank of Carrollton, Ga., acquired the banking operations, including all the deposits, of The Bank of Ellijay and two other Georgia-based institutions. | ||||
| 9/17/2010 | Bramble Savings Bank (Milford, Ohio) | 1916 | $47,500,000 | $41,600,000 | 1 | Ohio | $14,600,000 | Foundation Bank of Cincinnati, Ohio, assumed all of the deposits of Bramble Savings Bank. | ||||
| 9/17/2010 | Maritime Savings Bank (West Allis, Wisc.) | 1912 | $350,500,000 | $248,100,000 | 9 | OTS | $83,600,000 | North Shore Bank of Brookfield, Wisc., assumed all of the deposits of Maritime Savings Bank. | ||||
| 9/10/2010 | Horizon Bank (Bradenton, Fla.) | 1999 | $187,800,000 | $164,600,000 | 4 | Florida | $58,900,000 | Bank of the Ozarks, Little Rock, Arkansas, to assume all of the deposits of Horizon Bank. | ||||
| 8/20/2010 | Independent National Bank (Ocala, Fla.) | 1988 | $156,200,000 | $141,900,000 | 4 | OCC | $23,200,000 | Winter Haven, Fla.-based CenterState Bank of Florida agreed to assume all the deposits and essentially all the assets ofIndependent National Bank. | ||||
| 8/20/2010 | Community National Bank at Bartow (Bartow, Fla.) | 1984 | $67,900,000 | $63,700,000 | 1 | OCC | $10,300,000 | Winter Haven, Fla.-based CenterState Bank of Florida agreed to assume all the deposits and essentially all the assets of Community National Bank at Bartow. | ||||
| 8/20/2010 | Imperial Savings and Loan Association (Martinsville, Va.) | 1929 | $9,400,000 | $10,100,000 | 1 | OTS | $3,500,000 | River Community Bank of Martinsville, Va., agreed to assume all of the deposits of Imperial Savings and Loan Association | ||||
| 8/20/2010 | ShoreBank (Chicago, Ill.) | 1972 | $2,160,000,000 | $1,540,000,000 | 15 | Illinois | $32,600,000 | Chicago's Urban Partnership Bank assumed all of the deposits of ShoreBank. | ||||
| 8/20/2010 | Pacific State Bank (Stockton, Calif.) | 1987 | $312,100,000 | $278,800,000 | 9 | California | $32,600,000 | El Centro, Calif.-based Rabobank purchased assets and assumed deposits of Pacific State Bank. | ||||
| 8/20/2010 | Butte Community Bank (Chico, Calif.) | 1990 | $498,800,000 | $471,300,000 | 14 | California | $17,400,000 | El Centro, Calif.-based Rabobank purchased assets and assumed deposits of Butte Community Bank. | ||||
| 8/20/2010 | Los Padres Bank (Solvang, Calif.) | 1982 | $870,400,000 | $770,700,000 | 14 | OTS | $17,400,000 | Pacific Western Bank in San Diego took over assets and assumed deposits from the failed Los Padres Bank. | ||||
| 8/20/2010 | Sonoma Valley Bank (Sonoma, Calif.) | 1988 | $337,100,000 | $255,500,000 | 3 | California | $10,100,000 | San Rafael, Calif.-based Westamerica Bank purchased assets and assumed deposits from Sonoma Valley Bank. | ||||
| 8/13/2010 | Palos Bank and Trust Company (Palos Heights, Ill.) | 1977 | $493,400,000 | $467,800,000 | 5 | Illinois | $343,800,000 | First Midwest Bank of Itasca, Ill. assumed all of the deposits of Palos Bank and Trust Company. | ||||
| 8/06/2010 | Ravenswood Bank (Chicago) | 1934 | $264,600,000 | $269,500,000 | 2 | Illinois | $68,100,000 | Northbrook Bank and Trust Company of Northbrook, Ill., assumed all of the deposits of Ravenswood Bank. | ||||
| 7/30/2010 | LibertyBank (Eugene, Ore.) | 1978 | $768,200,000 | $718,500,000 | 15 | Oregon | $115,300,000 | All the deposits of LibertyBank were sold to Home Federal Bank of Nampa, Idaho. | ||||
| 7/30/2010 | The Cowlitz Bank (Longview, Wash.) | 1994 | $529,300,000 | $513,900,000 | 9 | Washington | $68,900,000 | All the deposits of The Cowlitz Bank were sold to Heritage Bank of Olympia, Wash. | ||||
| 7/30/2010 | Bayside Savings Bank (Port Saint Joe, Fla.) | 1921 | $66,100,000 | $52,400,000 | 2 | OTS | $16,200,000 | Centennial Bank of Conway, Ark., bought all the deposits and essentially all the assets of Bayside Savings Bank. | ||||
| 7/30/2010 | Coastal Community Bank (Panama City Beach, Fla.) | 1906 | $372,900,000 | $363,200,000 | 11 | Florida | $94,500,000 | Centennial Bank of Conway, Ark., bought all the deposits and essentially all the assets of Coastal Community Bank. | ||||
| 7/30/2010 | NorthWest Bank and Trust (Acworth, Ga.) | 1941 | $167,700,000 | $159,400,000 | 2 | Georgia | $39,800,000 | State Bank and Trust Company of Macon, Ga., bought all the deposits of NorthWest Bank and Trust. | ||||
| 7/23/2010 | Home Valley Bank (Cave Junction, Ore.) | 1980 | $251,800,000 | $229,600,000 | 5 | Oregon | $37,100,000 | South Valley Bank & Trust of Klamath Falls, Ore., assumed all of the deposits of Home Valley Bank. | ||||
| 7/23/2010 | SouthwestUSA Bank (Las Vegas, Nev.) | 2001 | $214,000,000 | $186,700,000 | 1 | Neveda | $74,100,000 | Plaza Bank of Irvine, Calif., to assumed all of the deposits of SouthwestUSA Bank. | ||||
| 7/23/2010 | Community Security Bank (New Prague, Minn.) | 1997 | $108,000,000 | $99,700,000 | 1 | Minnesota | $18,600,000 | Roundbank of Waseca, Minn., assumed all of the deposits of Community Security Bank. | ||||
| 7/23/2010 | Thunder Bank (Sylvan Grove, KS) | 1903 | $32,600,000 | $28,500,000 | 2 | Kansas | $4,500,000 | The Bennington State Bank of Salina, KS, assumed all of the deposits of Thunder Bank. | ||||
| 7/23/2010 | Crescent Bank and Trust Company (Jasper, Ga.) | 1989 | $1,010,300,000 | $965,700,000 | 11 | Georgia | $242,400,000 | Renasant Bank based in Tupelo, Miss., assumed all of the deposits of Crescent Bank and Trust Company. | ||||
| 7/23/2010 | Sterling Bank (Lantana, Fla.) | 1987 | $407,900,000 | $372,400,000 | 6 | Florida | $45,500,000 | IBERIABANK of Lafayette, La., assumed all of the deposits of Sterling Bank. | ||||
| 7/16/2010 | Mainstreet Savings Bank, FSB (Hastings, Mich.) | 1924 | $97,400,000 | $63,700,000 | 2 | OTS | $11,400,000 | Commercial Bank of Alma, Mich., assumed all of the deposits of Mainstreet Savings Bank, FSB. | ||||
| 7/16/2010 | Olde Cypress Community Bank (Clewiston, Fla.) | 1927 | $168,700,000 | $162,400,000 | 6 | OTS | $31,500,000 | CenterState Bank of Florida, National Association, Winter Haven, Fla., assumed all of the deposits of Olde Cypress Community Bank. | ||||
| 7/16/2010 | Metro Bank of Dade County (Miami, Fla.) | 1984 | $442,300,000 | $391,300,000 | 6 | Florida | $67,600,000 | NAFH National Bank, Miami, Fla., a newly-chartered bank subsidiary of North American Financial Holdings, Charlotte, N.C., assumed all the deposits and essentially all the assets of Metro Bank of Dade County. | ||||
| 7/16/2010 | Turnberry Bank (Aventura, Fla.) | 1985 | $263,900,000 | $196,900,000 | 4 | OTS | $34,400,000 | NAFH National Bank, Miami, Fla., a newly-chartered bank subsidiary of North American Financial Holdings, Charlotte, N.C., assumed all the deposits and essentially all the assets of Turnberry Bank. | ||||
| 7/16/2010 | First National Bank of the South (Spartanburg, S.C.) | 1952 | $682,000,000 | $610,100,000 | 13 | OCC | $67,600,000 | NAFH National Bank, Miami, Fla., a newly-chartered bank subsidiary of North American Financial Holdings, Charlotte, N.C., assumed all the deposits and essentially all the assets of First National Bank of the South. | ||||
| 7/16/2010 | Woodlands Bank (Bluffton, S.C.) | 1990 | $376,200,000 | $355,300,000 | 8 | OTS | $115,000,000 | NAFH National Bank, Miami, Fla., a newly-chartered bank subsidiary of North American Financial Holdings, Charlotte, N.C., assumed all the deposits and essentially all the assets of First National Bank of the South. | ||||
| 7/9/2010 | Home National Bank (Blackwell, Okla.) | 1934 | $644,500,000 | $560,700,000 | 15 | OCC | $78,700,000 | RCB Bank of Claremore, Okla., assumed all of the deposits of Home National Bank. | ||||
| 7/9/2010 | USA Bank (Port Chester, N.Y.) | 2005 | $193,300,000 | $189,900,000 | 1 | New York | $61,700,000 | New Century Bank, which does business as Customer's 1st Bank, in Phoenixville, Pa., assumed USA's $189.9 million in deposits. | ||||
| 7/9/2010 | Ideal Federal Savings Bank (Baltimore, Md.) | 1986 | $6,300,000 | $5,800,000 | 1 | OTS | $2,100,000 | The FDIC couldn't find a buyer for Ideal Federal Savings Bank. | ||||
| 7/9/2010 | Bay National Bank (Baltimore, Md.) | 2000 | $282,200,000 | $276,100,000 | 2 | OTS | $17,400,000 | Bay Bank of FSB, Lutherville, Md., to assume all of the deposits of Bay National Bank. | ||||
| 6/25/2010 | Peninsula Bank (Englewood, Fla.) | 1986 | $644,300,000 | $580,100,000 | 13 | Florida | $194,800,000 | The Savannah Bank, National Association assumed all of the deposits of First National Bank. | ||||
| 6/25/2010 | First National Bank (Savannah, Ga.) | 1996 | $252,500,000 | $231,900,000 | 4 | OCC | $68,900,000 | The Savannah Bank, National Association assumed all of the deposits of First National Bank. | ||||
| 6/25/2010 | High Desert State Bank (Albuquerque, N.M.) | 1999 | $80,300,000 | $81,000,000 | 2 | New Mexico | $20,900,000 | First American Bank in Artesia, N.M. assumed all of the deposits of High Desert State Bank. | ||||
| 06/18/10 | Nevada Security Bank (Reno, Nev.) | 2001 | $480,300,000 | $479,800,000 | 5 | Nevada | $80,900,000 | Umpqua Bank of Roseburg, Ore., assumed all the deposits and essentially all of the assets. | ||||
| 06/11/10 | Washington First International Bank (Seattle, Wash.) | 1990 | $520,900,000 | $441,400,000 | 4 | Washington | $158,400,000 | East West Bancorp agreed to assume all of Washington First International Bank's $441.4 million in deposits and most of its $520.9 million in assets. | ||||
| 06/04/10 | TierOne Bank (Lincoln, Neb.) | 1907 | $2,800,000,000 | $2,200,000,000 | 69 | OTS | $297,800,000 | The FDIC took over as receiver for TierOne, whose deposits will be assumed by Great Western Bank, in Sioux Falls, S.D. | ||||
| 06/04/10 | First National Bank (Rosedale, Miss.) | 1976 | $60,400,000 | $63,500,000 | 1 | OCC | $12,600,000 | Jefferson Bank assumed all deposits and essentially all assets of First National. | ||||
| 06/04/10 | Arcola Homestead Savings Bank (Arcola, Ill.) | 1883 | $17,000,000 | $18,100,000 | 1 | Illinois | $3,200,000 | llinois regulators closed Arcola and appointed the FDIC as receiver. The FDIC was unable to find a buyer for Arcola's banking operations. | ||||
| 5/28/2010 | Bank of Florida – Tampa Bay (Tampa, Fla.) | 2004 | $245,200,000 | $224,000,000 | 2 | Florida | $40,300,000 | EverBank of Jacksonville, Fla., acquired its banking operations, including all its deposits. | ||||
| 5/28/2010 | Bank of Florida – Southwest (Naples, Fla.) | 1999 | $640,900,000 | 559,900,000 | 5 | Florida | $91,300,000 | EverBank of Jacksonville, Fla., acquired its banking operations, including all its deposits. | ||||
| 5/28/2010 | Bank of Florida – Southeast (Fort Lauderdale, Fla.) | 2002 | $595,300,000 | $531,700,000 | 6 | Florida | $71,400,000 | EverBank of Jacksonville, Fla., acquired its banking operations, including all its deposits. | ||||
| 5/28/2010 | Granite Community Bank (Granite Bay, Calif.) | 2002 | $102,900,000 | $94,200,000 | 3 | OCC | $17,300,000 | Tri Counties Bank in Chico, Calif., assumed its $94.2 million in deposits. | ||||
| 5/28/2010 | Sun West Bank (Las Vegas, Nev.) | 1998 | $360,700,000 | $353,900,000 | 7 | Nevada | $96,700,000 | City National Bank in Los Angeles assumed all its deposits. | ||||
| 5/21/2010 | Pinehurst Bank (St. Paul, Minn.) | 2004 | $61,200,000 | $58,300,000 | 1 | Minnesota | $6,000,000 | All the assets and deposits acquired by Coulee Bank in Wisconsin. | ||||
| 05/14/2010 | Midwest Bank and Trust Company (Elmwood Park, Ill.) | 1959 | $3,170,000,000 | $2,120,000,000 | 23 | Illinois | $216,400,000 | The FDIC sold the assets and the deposits to Firstmerit Bank in Ohio. The FDIC and Firstmerit agreed to share future losses on most assets. | ||||
| 05/14/2010 | Southwest Community Bank (Springfield, Mo.) | 1996 | $96,600,000 | $102,500,000 | 1 | Missouri | $29,000,000 | The FDIC sold the assets and deposits to Simmons First National Bank in Arkansas. The FDIC and Simmons First agreed to share future losses on most assets. | ||||
| 05/14/2010 | New Liberty Bank (Plymouth, Mich.) | 2001 | $109,100,000 | $101,800,000 | 1 | Michigan | $25,000,000 | The FDIC sold the assets and deposits to Bank of Ann Arbor in Michigan. The FDIC and Bank of Ann Arbor agreed to share future losses on most assets. | ||||
| 05/14/2010 | Satilla Community Bank (Saint Marys, Ga.) | 2001 | $135,700,000 | $134,000,000 | 1 | Georgia | $31,300,000 | The FDIC sold the assets and deposits to Ameris Bank in Georgia. The FDIC and Ameris Bank agreed to share future losses on most assets. | ||||
| 5/7/2010 | The Bank of Bonifay (Bonifay, Fla.) | 1906 | $242,900,000 | $230,200,000 | 5 | Floridaa | $78,700,000 | The FDIC sold the deposits and some assets to First Federal Bank of Florida. The FDIC will retain remaining assets. | ||||
| 5/7/2010 | Access Bank (Champin, Minn.) | 1946 | $32,000,0000 | $32,000,000 | 2 | Minnesota | $5,500,000 | The FDIC sold the assets to Prinsbank in Minnesota. | ||||
| 5/7/2010 | Towne Bank of Arizona (Mesa, Ariz.) | 2004 | $120,200,000 | $113,200,000 | 1 | Arizona | $41,800,000 | The FDIC sold the assets and the deposits to Commerce Bank of Arizona. The FDIC and Commerce agreed to share future losses on certain assets. | ||||
| 5/7/2010 | 1st Pacific Bank of California (San Diego, Calif.) | 2000 | $335,800,000 | $291,200,000 | 6 | California | $87,700,000 | The FDIC sold the assets and deposits to City National Bank in California. The FDIC and City National Bank agreed to share future losses on certain assets. | ||||
| 4/30/2010 | R-G Premier Bank of Puerto Rico (Hato Rey, Puerto Rico) | 1966 | $5,920,000,000 | $4,250,000,000 | 29 | Puerto Rico | $1,230,000,000 | Scotiabank de Puerto Rico bought all of the deposits of R-G Premier Bank. | ||||
| 4/30/2010 | Eurobank (San Juan, Puerto Rico) | 2003 | $2,560,000,000 | $1,970,000,000 | 22 | Puerto Rico | $743,900,000 | Oriental Bank and Trust bought all of the deposits of Eurobank. | ||||
| 4/30/2010 | Frontier Bank (Everett, Wash.) | 1978 | $3,500,000,000 | $3,130,000,000 | 51 | Washington | $1,370,000,000 | Union Bank, National Association of San Francisco acquired all of Frontier's deposits and essentially all of the failed bank's assets. | ||||
| 4/30/2010 | BC National Banks (Butler, Mo.) | 1902 | $67,200,000 | $54,900,000 | 4 | OCC | $11,400,000 | Community First Bank of Butler acquired all of BC National's deposits and essentially all of the failed bank's assets. | ||||
| 4/30/2010 | Champion Bank (Creve Coeur, Mo.) | 2006 | $187,300,000 | $153,800,000 | 1 | Missouri | $52,700,000 | BankLiberty of Liberty, Mo., acquired all of Champion Bank's deposits and approximately $152.6 million of the failed bank's assets. | ||||
| 4/30/2010 | CF Bancorp (Port Huron, Mich.) | 1937 | $1,650,000,000 | $1,430,000,000 | 22 | Michigan | $615,300,000 | First Michigan Bank of Troy, Mich. acquired all of CF Bancorp's deposits and approximately $870 million of the failed bank's assets. | ||||
| 4/23/2010 | Amcore Bank, National Association (Rockford, Ill.) | 1931 | $3,800,000,000 | $3,400,000,000 | 58 | Illinois | $220,300,000 | The FDIC said Harris National Association will purchase all of Amcore Bank's deposits as well as most of its assets. | ||||
| 4/23/2010 | Broadway Bank (Chicago, Ill.) | 1978 | $1,200,000,000 | $1,100,000,000 | 4 | Illinois | $394,300,000 | MB Financial Bank of Chicago purchased Broadway Bank's deposits and essentially all of its assets. | ||||
| 4/23/2010 | Citizens Bank & Trust Company of Chicago (Chicago, Ill.) | 2000 | $485,600,000 | $492,000,000 | 3 | Illinois | $125,300,000 | MB Financial bought the $$492 million of total assets from New Century Bank. | ||||
| 4/23/2010 | New Century Bank (Chicago, Ill.) | 1997 | $77,300,000 | $74,500,000 | 1 | Illinois | $20,900,000 | The FDIC sold Citizens Bank & Trust's $74.5 million of deposits to Republic Bank of Oak Brook, Ill. | ||||
| 4/23/2010 | Lincoln Park Savings Bank (Chicago, Ill) | 1946 | $199,900,000 | $171,500,000 | 4 | Illinois | $48,400,000 | Northbrook Bank and Trust Co. of Northbrook, Ill., plans to purchase Lincoln Park Savings Bank's of $171.5 million total deposits. | ||||
| 4/23/2010 | Peotone Bank and Trust Company (Peotone, Ill.) | 1916 | $130,200,000 | $127,000,000 | 2 | Illinois | $31,700,000 | The FDIC sold Peotone Bank and Trust's $127 million in deposits to First Midwest Bank of Itasca, Ill. | ||||
| 4/23/2010 | Wheatland Bank (Naperville, Ill.) | 2007 | 437,200,000 | $438,500,000 | 1 | Illinois | $133,000,000 | All of Wheatland Bank's deposits and assets were sold to Wheaton Bank & Trust. | ||||
| 4/16/2010 | City Bank (Lynnwood, Wash.) | 1973 | $1,130,000,000 | $1,020,000,000 | 8 | Washington | $323,400,000 | Whidbey Island Bank, based in Coupeville, Wash., assumed the deposits of City Bank and approximately $704.1 million of the failed bank's assets. | ||||
| 4/16/2010 | Tamalpais Bank (San Rafael, Calif.) | 1991 | $628,900,000 | $487,600,000 | 7 | California | $81,100,000 | Union Bank assumed the deposits of Tamalpais Bank in San Rafael, which had seven branches and $628.9 million in assets. | ||||
| 4/16/2010 | Innovative Bank (Oakland, Calif.) | 1982 | $268,900,000 | $225,200,000 | 4 | California | $37,800,000 | Center Bank of Los Angeles assumed the deposits of Innovative Bank. | ||||
| 4/16/2010 | Butler Bank (Lowell, Mass.) | 1901 | $268,000,000 | $233,200,000 | 4 | Massachusetts | $22,900,000 | People's United Bank of Bridgeport, Conn. agreed to assume Butler's $233.2 million of deposits and essentially all of its $268 million in assets. | ||||
| 4/16/2010 | AmericanFirst Bank (Clermont, Fla.) | 2004 | $90,500,000 | $81,900,000 | 3 | Florida | $10,500,000 | TD Bank Financial acquired the banking operations of AmericanFirst Bank, First Federal Bank of North Florida and Riverside National Bank of Florida. | ||||
| 4/16/2010 | First Federal Bank of North Florida (Palatka, Fla.) | 1934 | $393,300,000 | $324,200,000 | 8 | OTS | $6,000,000 | TD Bank Financial acquired the banking operations and all the deposits of AmericanFirst Bank, First Federal Bank of North Florida and Riverside National Bank of Florida. | ||||
| 4/16/2010 | Riverside National Bank of Florida (Fort Pierce, Fla.) | 1982 | $3,420,000,000 | $2,760,000,000 | 58 | OCC | $491,800,000 | TD Bank Financial acquired the banking operations and all the deposits of AmericanFirst Bank, First Federal Bank of North Florida and Riverside National Bank of Florida. | ||||
| 4/16/2010 | Lakeside Community Bank (Sterling Heights, Mich.) | 1999 | $53,000,000 | $52,300,000 | 1 | Michigan | $11,200,000 | The FDIC was unable to find another financial institution to take over Lakeside's banking operations and entered into an agreement with First Michigan Bank to accept Lakeside's direct deposits from the federal government. | ||||
| 4/9/2010 | Beach First National Bank (Myrtle Beach, S.C.) | 1996 | $585,100,000 | $516,000,000 | 7 | OCC | $130,300,000 | Beach First's branches will be acquired by Bank of North Carolina, and its depositors will automatically become depositors of Bank of North Carolina. | ||||
| 3/26/2010 | McIntosh Commercial Bank (Carrollton, Ga.) | 2002 | $362,900,000 | $343,300,000 | 4 | Georgia | $123,300,000 | The FDIC sold the assets and deposits to CharterBank in Georgia, and the FDIC and CharterBank agreed to share future losses on certain assets. | ||||
| 3/26/2010 | Key West Bank (Key West, Fla.) | 1999 | $88,000,000 | $67,700,000 | 1 | OTS | $23,100,000 | The FDIC sold the assets and deposits to Centennial Bank in Arkansas, and Centennial and the FDIC agreed to share future losses on certain assets. | ||||
| 3/26/2010 | Unity National Bank (Cartersville, Ga.) | 1998 | $292,200,000 | $264,300,000 | 5 | OCC | $67,200,000 | The FDIC sold the assets and deposits to Bank of the Ozarks in Arkansas, and the FDIC and Bank of the Ozarks agreed to share future losses on certain assets. | ||||
| 3/26/2010 | Desert Hills Bank (Phoenix, Ariz.) | 2000 | $496,600,000 | $426,500,000 | 6 | Arizona | $106,700,000 | The FDIC sold the assets and deposits to New York Community Bank, and the FDIC and New York Community Bank agreed to share future losses on certain assets. | ||||
| 3/19/2010 | American National Bank (Parma, Ohio) | 1963 | $70,300,000 | $66,800,000 | 1 | OCC | $17,100,000 | The assets and deposits were acquired by the National Bank and Trust Company in Ohio. The FDIC and National Bank and Trust agreed to share future losses on certain assets. | ||||
| 3/19/2010 | Century Security Bank (Duluth, Ga.) | 2006 | $96,500,000 | $94,000,000 | 2 | Georgia | $29,900,000 | The assets and deposits were acquired by Bank of Upson in Georgia. The FDIC and Bank of Upson agreed to share future losses on certain assets. | ||||
| 3/19/2010 | Advanta Bank Corp. (Draper, Utah) | 1991 | $1,600,000,000 | $1,500,000,000 | 1 | Utah | $635,600,000 | The FDIC couldn’t find a buyer for the failed bank, so they had to pay out all depositors. | ||||
| 3/19/2010 | Appalachian Community Bank (Ellijay, Ga.) | 1995 | $1,010,000,000 | $917,600,000 | 10 | Georgia | $419,300,000 | Community & Southern Bank in Georgia acquired the assets and deposits of the failed bank. The FDIC and Community & Southern agreed to share future losses on certain assets. | ||||
| 3/19/2010 | Bank of Hiawassee (Hiawassee, Ga.) | 1909 | $377,800,000 | $339,600,000 | 5 | Georgia | $137,700,000 | Citizens South Bank in North Carolina acquired the assets and deposits of the failed bank, and the FDIC and Citizens South agreed to share future losses on most assets. | ||||
| 3/19/2010 | First Lowndes Bank (Fort Deposit, Ala.) | 1984 | $137,200,000 | $131,100,000 | 4 | Alabama | $38,300,000 | First Citizens Bank in Alabama acquired the assets and deposits of the failed bank and agreed to share future losses with the FDIC on certain assets. | ||||
| 3/19/2010 | State Bank of Aurora (Aurora, Minn.) | 1906 | $28,200,000 | $27,800,000 | 1 | Minnesota | $4,200,000 | Northern State Bank in Wisconsin acquired the assets and deposits of the failed bank and agreed to share future losses on certain assets with the FDIC. | ||||
| 3/12/2010 | Statewide Bank (Covington, La.) | 1926 | $243,200,000 | $208,000,000 | 6 | Louisiana | $38,100,000 | The bank’s assets and deposits were acquired by Home Bank in Louisiana. The FDIC and Home Bank agreed to share future losses on certain assets. | ||||
| 3/12/2010 | Old Southern Bank (Orlando, Fla.) | 2006 | $315,600,000 | $319,700,000 | 7 | Florida | $94,600,000 | The bank’s assets and deposits were acquired by Centennial Bank in Arkansas. The FDIC and Centennial agreed to share future losses on certain assets. | ||||
| 3/12/2010 | Park Avenue Bank (New York, NY) | 1987 | $520,100,000 | $494,500,000 | 4 | New York | $50,700,000 | The bank’s assets and deposits were acquired by Valley National Bank in New Jersey. The FDIC and Valley National agreed to share future losses on certain assets. | ||||
| 3/11/2010 | LibertyPointe Bank (New York, NY) | 2005 | $209,700,000 | $205,000,000 | 3 | New York | $24,800,000 | The FDIC sold the failed banks deposits and assets to Valley National Bank in New Jersey. The FDIC and Valley National agreed to share future losses on most assets. | ||||
| 3/5/2010 | Centennial Bank (Ogden, Utah) | 1997 | $215,200,000 | $205,100,000 | 5 | Utah | $96,300,000 | The FDIC couldn’t find a buyer so it had to pay depositors directly from the FDIC fund. | ||||
| 3/5/2010 | Waterfield Bank (Germantown, Md.) | 2000 | $155,600,000 | $156,400,000 | 1 | OTS | $51,000,000 | The FDIC couldn’t find a buyer so it created a new institution to wind down the company. | ||||
| 3/5/2010 | Bank of Illinois (Normal, Ill.) | 1914 | $211,700,000 | $198,500,000 | 2 | Illinois | $53,700,000 | The FDIC sold the assets and deposits to Heartland Bank and Trust of Illinois. The FDIC and Heartland agreed to share future losses on most assets. | ||||
| 3/5/2010 | Sun American Bank (Boca Raton, Fla.) | 1987 | $535,700,000 | $443,500,000 | 12 | Florida | $103,800,000 | The FDIC sold the assets and deposits to First-Citizens Bank and Trust in North Carolina. The FDIC and First-Citizens agreed to share future losses on most assets.. | ||||
| 2/26/2010 | Rainier Pacific Bank (Tacoma, Wash.) | 1933 | $717,800,000 | $446,200,000 | 14 | Washington | $95,200,000 | The FDIC sold all deposits and most assets to Umpqua Bank in Oregon. The FDIC and Umpqua Bank will share future losses on certain assets. | ||||
| 2/26/2010 | Carson River Community Bank (Carson City, Nev.) | 2006 | $51,100,000 | $50,000,000 | 1 | Nevada | $7,900,000 | The FDIC sold all deposits and most assets to Heritage Bank of Nevada in Nevada. The FDIC and Heritage Bank agreed to share future losses on certain assets. | ||||
| 2/19/2010 | Marco Community Bank (Marco Island, Fla.) | 2003 | $119,600,000 | $117,100,000 | 1 | Florida | $38,100,000 | The FDIC sold the failed bank's $117.1 million of deposits to Mutual of Omaha Bank in Nebraska. | ||||
| 2/19/2010 | The La Coste National Bank (La Coste, Texas) | 1912 | $53,900,000 | $49,300,000 | 1 | OCC | $3,700,000 | The FDIC sold the failed bank's $49.3 million in deposits to Community National Bank in Hondo, Texas. | ||||
| 2/19/2010 | George Washington Savings Bank (Orland Park, Ill.) | 1890 | $412,800,000 | $385,300,000 | 4 | Illinois | $141,400,000 | The FDIC sold all of the failed bank's $397 million in deposits and virtually all of its $412.8 million in assets to FirstMerit Bank in Ohio. | ||||
| 2/19/2010 | La Jolla Bank (La Jolla, Calif.) | 1985 | $3,600,000,000 | $2,800,000,000 | 10 | OTS | $882,300,000 | All of La Jolla Bank's deposits and virtually all of its assets were sold to OneWest FSB, a thrift created last year after investors bought up pieces of the failed IndyMac Bank. The FDIC and OneWest agreed to share future losses on $3.3 billion of the La Jolla Bank's deposits. | ||||
| 2/5/2010 | 1st American State Bank of Minnesota (Hancock, Minn.) | 1936 | $18,200,000 | $16,300,000 | 2 | Minnesota | $3,100,000 | The FDIC sold all of the bank’s deposits and most of its assets to Community Development Bank in Ogema, Minn. | ||||
| 01/29/2010 | American Marine Bank (Bainbridge Island, Wash.) | 1948 | $373,200,000 | $308,500,000 | 11 | Washington | $58,900,000 | All deposits and essentially all assets acquired by Columbia State Bank in Washington. The FDIC and Columbia State Bank agreed to share future losses. | ||||
| 01/29/2010 | First Regional Bank (Los Angeles, Calif.) | 1979 | $2,180,000,000 | $1,870,000,000 | 8 | California | $825,500,000 | All deposits and virtually all assets acquired by First-Citizens Bank and Trust in North Carolina. The FDIC and First-Citizens agreed to share future losses. | ||||
| 01/29/2010 | Community Bank & Trust (Cornelia, Ga.) | 1900 | $1,210,000,000 | $1,110,000,000 | 36 | Georgia | $354,500,000 | All deposits and virtually all assets acquired by SCBT of South Carolina. The FDIC and SCBT agreed to share future losses. | ||||
| 01/29/2010 | Marshall Bank N.A. (Hallock, Minn.) | 1943 | $59,900,000 | $54,700,000 | 3 | OCC | $4,100,000 | All deposits and virtually all assets acquired by United Valley Bank in North Dakota. The FDIC and United Valley Bank agreed to share future losses. | ||||
| 01/29/2010 | Florida Community Bank (Immokalee, Fla.) | 1923 | $875,500,000 | $795,500,000 | 11 | Florida | $352,600,000 | All deposits and most assets acquired by Premier American Bank in Miami. The FDIC and Premier American agreed to share future losses. | ||||
| 01/29/2010 | First National Bank of Georgia (Carrollton, Ga.) | 1946 | $832,600,000 | $757,900,000 | 11 | OCC | $260,400,000 | All deposits and virtually all assets acquired by Community & Southern Bank in Georgia. The FDIC and Community & Southern agreed to share future losses. | ||||
| 01/22/2010 | Columbia River Bank (The Dalles, Ore.) | 1977 | $1,100,000,000 | $1,000,000,000 | 21 | Oregon | $172,500,000 | All deposits and virtually all assets acquired by Columbia State Bank in Washington. The FDIC and Columbia State Bank agreed to share future losses. | ||||
| 01/22/2010 | Evergreen Bank (Seattle, Wash.) | 1971 | $488,500,000 | $439,400,000 | 7 | Washington | $64,200,000 | All deposits and virtually all assets acquired by Umpqua Bank in Oregon. The FDIC and Umpqua Bank agreed to share future losses. | ||||
| 01/22/2010 | Charter Bank (Santa Fe, N.M.) | 1986 | $1,200,000,000 | $851,500,000 | 8 | OTS | $201,900,000 | A newly chartered bank, Charter Bank in Albuquerque, acquired all deposits and virtually all assets. The FDIC and Charter Bank agreed to share future losses. This was the first New Mexico bank to fail since 1999. | ||||
| 01/22/2010 | Bank of Leeton (Leeton, Mo.) | 1896 | $20,100,000 | $20,400,000 | 1 | Missouri | $8,100,000 | Sunflower Bank in Kansas assumed all of the failed bank’s deposits. | ||||
| 01/22/2010 | Premier American Bank (Miami, Fla.) | 2001 | $350,900,000 | $326,300,000 | 4 | Florida | $85,000,000 | A newly chartered bank, Premier American Bank, assumed all deposits and most assets. The FDIC and Premier American agreed to share future losses. | ||||
| 01/15/2010 | Barnes Banking Co. (Kaysville, Utah) | 1891 | $827,800,000 | $786,500,000 | 10 | Utah | $271,300,000 | The FDIC couldn’t find a buyer for the bank so it agreed to pay out depositors. | ||||
| 01/15/2010 | St. Stephen State Bank (St. Stephen, Minn.) | 1920 | $24,700,000 | $23,400,000 | 2 | Minnesota | $7,200,000 | The FDIC sold all deposits and almost all assets to First State Bank of St. Joseph, in Minnesota. The FDIC and First State Bank agreed to share future losses on those assets. | ||||
| 01/15/2010 | Town Community Bank and Trust (Antioch, Ill.) | 2000 | $69,600,000 | $67,400,000 | 1 | Illinois | $17,800,000 | First American Bank in Illinois agreed to buy all deposits and most assets. The FDIC and First American agreed to share future losses on those assets. | ||||
| 01/08/2010 | Horizon Bank (Bellingham, Wash.) | 1922 | $1,300,000,000 | $1,100,000,000 | 18 | Washington | $539,100,000 | The FDIC entered into a purchase and assumption agreement with Washington Federal Savings and Loan Association to assume all of the deposits of Horizon Bank. | ||||
| 12/18/2009 | RockBridge Commercial Bank (Atlanta, Ga.) | 2006 | $294,000,000 | $291,700,000 | 1 | Georgia | $124,200,000 | The FDIC couldn’t find a buyer for the bank, so it had to pay out all depositors. | ||||
| 12/18/2009 | Peoples First Community Bank (Panama City, Fla.) | 1983 | $1,800,000,000 | $1,700,000,000 | 29 | OTS | $556,700,000 | All deposits and most assets acquired by Hancock Bank in Mississippi. The FDIC and Hancock Bank agreed to share future losses. | ||||
| 12/18/2009 | Citizens State Bank (New Baltimore, Mich.) | 1922 | $168,600,000 | $157,100,000 | 7 | Michigan | $76,600,000 | The FDIC couldn’t find a buyer for the bank, set it set up a temporary bank to allow customers 45 days to close accounts. | ||||
| 12/18/2009 | New South Federal Savings Bank (Irondale, Ala.) | 1985 | $1,500,000,000 | $1,200,000,000 | 1 | OTS | $212,300,000 | All of the deposits and most assets were acquired by Beal Bank of Texas. The FDIC and Beal Bank agreed to share future losses on most assets. | ||||
| 12/18/2009 | Independent Bankers’ Bank (Springfield, Ill.) | 1986 | $585,500,000 | $511,500,000 | 1 | Illinois | $68,400,000 | The FDIC set up a bridge bank to run Independent Bankers Bank, because of the destabilizing impact a collapse of the bank could have on its 450 client banks. | ||||
| 12/18/2009 | Imperial Capital Bank (La Jolla, Calif.) | 1973 | $4,000,000,000 | $2,800,000,000 | 9 | California | $619,200,000 | The FDIC sold all deposits and most assets to City National Bank in California. The FDIC and City National agreed to share future losses on most assets. | ||||
| 12/18/2009 | First Federal Bank of California (Santa Monica, Calif.) | 1929 | $6,100,000,000 | $4,500,000,000 | 39 | OTS | $146,300,000 | The FDIC sold all deposits and most assets were purchased by OneWest Bank in California. The FDIC and OneWest agreed to share future losses on most assets. | ||||
| 12/11/2009 | SolutionsBank (Overland Park, Kan.) | 1881 | $511,100,000 | $421,300,000 | 6 | Kansas | $122,100,000 | All deposits and most assets acquired by Arvest Bank in Arkansas. The FDIC and Arvest agreed to share future losses on those assets. | ||||
| 12/11/2009 | Valley Capital Bank (Mesa, Ariz.) | 2006 | $40,300,000 | $41,300,000 | 1 | OCC | $7,400,000 | All deposits and almost all assets acquired by Enterprise Bank & Trust in Missouri. The FDIC and Enterprise agreed to share future losses on the assets. | ||||
| 12/11/2009 | Republic Federal Bank (Miami, Fla.) | 1979 | $433,000,000 | $352,700,000 | 4 | OCC | $122,600,000 | All deposits and most assets acquired by 1st United Bank in Florida. The FDIC and 1st United agreed to share future losses on the assets. | ||||
| 12/04/2009 | Greater Atlantic Bank (Reston, Va.) | 1989 | $203,000,000 | $179,000,000 | 5 | OTS | $35,000,000 | NSonabank in McLean, Va., has agreed to assume all of the failed bank's deposits through a deal with the FDIC. Under the deal, the FDIC and Sonabank will share in losses on about $145 million of Greater Atlantic Bank's assets. | ||||
| 12/04/2009 | AmTrust Bank (Cleveland, Ohio ) | 1889 | $12,000,000,000 | $8,000,000,000 | 66 | OTS | $2,000,000,000 | New York Community Bank agreed to purchase approximately $9.0 billion in assets of AmTrust Bank. The FDIC will retain the remaining assets for later disposition. The FDIC and New York Community Bank entered into a loss-share transaction on approximately $6.0 billion of AmTrust Bank's assets. | ||||
| 12/04/2009 | Benchmark Bank, (Aurora, Ill .) | 1898 | $170,000,000 | $181,000,000 | 5 | Illinois | $64,000,000 | MB Financial Bank, N.A. did not pay the FDIC a premium for the deposits of Benchmark Bank. In addition to assuming all of the deposits of the failed bank, MB Financial Bank, N.A. agreed to purchase essentially all of the assets. The FDIC and MB Financial Bank, N.A. entered into a loss-share transaction on approximately $139.0 million of Benchmark Bank's assets. | ||||
| 12/04/2009 | The Tattnall Bank (Reidsville, Ga.) | 1900 | $49,600,000 | $47,300,000 | 2 | Georgia | $13,900,000 | HeritageBank of the South, (Albany, Ga.), will assume all of the deposits of The Tattnall Bank. | ||||
| 12/04/2009 | First Security National Bank, (Norcross, Ga.) | 1985 | $128,000,000 | $123,000,000 | 4 | OCC | $30,100,000 | State Bank and Trust Company, (Macon, Ga.) will assume all of the deposits of First Security National Bank. The FDIC and State Bank and Trust Company entered into a loss-share transaction on approximately $82.4 million of First Security National Bank's assets. | ||||
| 12/04/2009 | Buckhead Community Bank (Atlanta) | 1998 | $874,000,000 | $838,000,000 | 6 | Georgia | $241,400,000 | State Bank and Trust Company, (Macon, Ga.) will assume all of the deposits of The Buckhead Community Bank. The FDIC and State Bank and Trust Company entered into a loss-share transaction on approximately $692 million of The Buckhead Community Bank's assets. | ||||
| 11/20/2009 | Commerce Bank of Southwest Florida (Fort Myers, Fla.) | 2005 | $79,700,000 | $76,700,000 | 1 | Florida | $23,600,000 | All deposits and most assets acquired by Central Bank of Minnesota. The FDIC and Central Bank agreed to share future losses on assets. | ||||
| 11/13/2009 | Pacific Coast National Bank (San Clemente, Calif.) | 2005 | $134,400,000 | $130,900,000 | 2 | OCC | $27,400,000 | All deposits and virtually all assets acquired by Sunwest Bank in California. | ||||
| 11/13/2009 | Orion Bank (Naples, Fla.) | 1977 | $2,700,000,000 | $2,100,000,000 | 23 | Florida | $615,000,000 | All deposits and most assets acquired by Iberiabank. The FDIC and Iberiabank agreed to share future losses on assets. | ||||
| 11/13/2009 | Century Bank FSB (Sarasota, Fla.) | 1985 | $728,000,000 | $631,000,000 | 11 | OTS | $344,000,000 | All deposits and most assets acquired by IBERIABANK. The FDIC and IBERIABANK agreed to share future losses on assets. | ||||
| 11/06/2009 | United Commercial Bank (San Francisco, Calif.) | 1986 | $11,200,000,000 | $7,500,000,000 | 63 | California | $1,400,000,000 | All deposits and most assets acquired by East West Bank of California. The FDIC and East West Bank agreed to share future losses on assets. | ||||
| 11/06/2009 | Gateway Bank of St. Louis (St. Louis, Mo.) | 1965 | $27,700,000 | $27,900,000 | 1 | Missouri | $9,200,000 | All deposits and virtually all assets acquired by Central Bank of Missouri. | ||||
| 11/06/2009 | Prosperan Bank (Oakdale, Minn.) | 1999 | $199,500,000 | $175,600,000 | 3 | Minnesota | $60,100,000 | All deposits and virtually all assets acquired by Alerus Financial of North Dakota. The FDIC and Alerus agreed to share future losses on the assets. | ||||
| 11/06/2009 | United Security Bank (Sparta, Ga.) | 1932 | $157,000,000 | $150,000,000 | 2 | Georgia | $58,000,000 | All deposits and virtually all assets acquired by Ameris Bank of Georgia. The FDIC and Ameris agreed to share future losses on assets. | ||||
| 11/06/2009 | Home Federal Savings Bank (Detroit, Mich.) | 1947 | $14,900,000 | $12,800,000 | 2 | OTS | $5,400,000 | All deposits and virtually all assets acquired by Liberty Bank and Trust of New Orleans. | ||||
| 10/30/2009 | North Houston Bank (Houston, Texas) | 1963 | $306,200,000 | $308,000,000 | 2 | Texas | $277,777,778 | Bank was one of nine owned by FBOP parent company. US Bank acquired almost all deposits and assets. | ||||
| 10/30/2009 | Madisonville State Bank (Madisonville, Texas) | 1993 | $256,700,000 | $225,200,000 | 1 | Texas | $277,777,778 | Bank was one of nine owned by FBOP parent company. US Bank acquired almost all deposits and assets. | ||||
| 10/30/2009 | Citizens National Bank (Teague, Texas) | 1984 | $118,200,000 | $97,700,000 | 2 | OCC | $277,777,778 | Bank was one of nine owned by FBOP parent company. US Bank acquired almost all deposits and assets. | ||||
| 10/30/2009 | Park National Bank (Chicago, Ill.) | 1883 | $4,700,000,000 | $3,700,000,000 | 32 | OCC | $277,777,778 | Bank was one of nine owned by FBOP parent company. US Bank acquired almost all deposits and assets. | ||||
| 10/30/2009 | Pacific National Bank (San Francisco, Calif.) | 1887 | $2,300,000,000 | $1,800,000,000 | 17 | OCC | $277,777,778 | Bank was one of nine owned by FBOP parent company. US Bank acquired almost all deposits and assets. | ||||
| 10/30/2009 | California National Bank (Los Angeles, Calif.) | 1998 | $7,800,000,000 | $6,200,000,000 | 68 | OCC | $277,777,778 | Bank was one of nine owned by FBOP parent company. US Bank acquired almost all deposits and assets. | ||||
| 10/30/2009 | San Diego National Bank (San Diego, Calif.) | 1981 | $3,600,000,000 | $2,900,000,000 | 29 | OCC | $277,777,778 | Bank was one of nine owned by FBOP parent company. US Bank acquired almost all deposits and assets. | ||||
| 10/30/2009 | Community Bank of Lemont (Lemont, Ill.) | 2001 | $81,800,000 | $81,200,000 | 1 | Illinois | $277,777,778 | Bank was one of nine owned by FBOP parent company. US Bank acquired almost all deposits and assets. | ||||
| 10/30/2009 | Bank USA (Phoenix, Ariz.) | 1984 | $212,800,000 | $117,100,000 | 2 | Arizona | $277,777,778 | Bank was one of nine owned by FBOP parent company. US Bank acquired almost all deposits and assets. | ||||
| 10/23/2009 | First DuPage Bank (Westmont, Ill.) | 1999 | $279,000,000 | $254,000,000 | 1 | Illinois | $59,000,000 | All deposits and most assets acquired by First Midwest Bank in Illinois. The FDIC and First Midwest agreed to share future losses on most assets. | ||||
| 10/23/2009 | Riverview Community Bank (Otsego, Minn.) | 2003 | $108,000,000 | $80,000,000 | 2 | Minnesota | $20,000,000 | All deposits and almost all assets acquired by Central Bank in Minnesota. The FDIC and Central bank agreed to share most losses on those assets. | ||||
| 10/23/2009 | Bank of Elmwood (Racine, Wisc.) | 1960 | $327,400,000 | $273,200,000 | 5 | Wisconsin | $101,100,000 | All deposits and almost all assets acquired by Tri City National Bank in Wisconsin. | ||||
| 10/23/2009 | Flagship National Bank (Bradenton, Fla.) | 1999 | $190,000,000 | $175,000,000 | 4 | OCC | $59,000,000 | All deposits and almost all assets acquired by First Federal Bank of Florida. The FDIC and First Federal agreed to share future losses on most assets. | ||||
| 10/23/2009 | Hillcrest Bank Florida (Naples, Fla.) | 2006 | $83,000,000 | $84,000,000 | 6 | Florida | $45,000,000 | All deposits and some assets acquired by Stonegate Bank of Florida. | ||||
| 10/23/2009 | American United Bank (Lawrenceville, Ga.) | 2004 | $111,000,000 | $101,000,000 | 1 | Georgia | $44,000,000 | All deposits and most assets acquired by Ameris Bank in Georgia. The FDIC and Ameris agreed to share future losses on most assets. | ||||
| 10/23/2009 | Partners Bank (Naples, Fla.) | 2005 | $65,500,000 | $64,900,000 | 2 | OTS | $28,600,000 | All deposits and almost all assets acquired by Stonegate Bank of Florida. | ||||
| 10/16/2009 | San Joaquin Bank (Bakersfield, Calif.) | 1980 | $775,000,000 | $631,000,000 | 5 | California | $103,000,000 | All deposits and virtually all assets acquired by Citizens Business Bank of California. The FDIC and Citizens agreed to share future losses on most assets. | ||||
| 10/02/2009 | Warren Bank (Warren, Mich.) | 1998 | $538,000,000 | $501,000,000 | 6 | Michigan | $275,000,000 | All deposits and $83 million in assets acquired by Huntington National Bank in Ohio. | ||||
| 10/02/2009 | Jennings State Bank (Spring Grove, Minn.) | 1890 | $56,300,000 | $52,400,000 | 2 | Minnesota | $11,700,000 | All deposits and almost all assets acquired by Central Bank in Minnesota. The FDIC and Central Bank agreed to share future losses on most assets. | ||||
| 10/02/2009 | Southern Colorado National Bank (Pueblo, Colo.) | 2002 | $39,500,000 | $31,900,000 | 2 | OCC | $6,600,000 | All deposits and almost all assets acquired by Legacy Bank of Colorado. Legacy and the FDIC agreed to share future losses on most assets. | ||||
| 9/25/2009 | Georgian Bank (Atlanta, Ga.) | 2001 | $2,000,000,000 | $2,000,000,000 | 5 | Georgia | $892,000,000 | All deposits and virtually all assets acquired by First Citizens Bank and Trust Co. in South Carolina. The FDIC and First Citizens agreed to share future losses on the assets. | ||||
| 9/18/2009 | Irwin Union Bank FSB (Louisville, Ky.) | 2000 | $493,000,000 | $441,000,000 | 4 | OTS | $425,000,000 | All deposits and most assets acquired by First Financial Bank of Ohio. The FDIC and First Financial agreed to share future losses on some assets. | ||||
| 9/18/2009 | Irwin Union Bank and Trust Co. (Columbus, Ind.) | 1928 | $2,700,000,000 | $2,100,000,000 | 23 | Indiana | $425,000,000 | All deposits and most assets acquired by First Financial Bank of Ohio. The FDIC and First Financial agreed to share future losses on some assets. | ||||
| 9/11/2009 | Corus Bank (Chicago, Ill.) | 1913 | $7,000,000,000 | $7,000,000,000 | 11 | OCC | $1,700,000,000 | MB Financial Bank in Chicago acquired all the deposits and $3 billion of assets. The FDIC plans to sell the rest of the assets to private investors. | ||||
| 9/11/2009 | Brickwell Community Bank (Woodbury, Minn.) | 2004 | $72,000,000 | $63,000,000 | 1 | Minnesota | $22,000,000 | All deposits and some assets acquired by CorTrust Bank in South Dakota. The FDIC and CorTrust agreed to share future losses on $65 million in assets. | ||||
| 9/11/2009 | Venture Bank (Lacey, Wash.) | 1979 | $970,000,000 | $903,000,000 | 18 | Washington | $298,000,000 | All deposits and most assets acquired by First-Citizens Bank and Trust in North Carolina. The FDIC and First-Citizens agreed to share future losses on $715 million in assets. | ||||
| 9/04/2009 | First State Bank (Flagstaff, Ariz) | 1998 | $105,000,000 | $95,000,000 | 6 | Arizona | $47,000,000 | All deposits and essentially all assets acquired by Sunwest Bank in California. | ||||
| 9/04/2009 | Platinum Community Bank (Rolling Meadows, Ill.) | 1999 | $345,600,000 | $305,000,000 | 2 | OTS | $168,000,000 | The FDIC couldn’t find a buyer for the failed bank, so they had to pay out all deposits and assume the assets. | ||||
| 9/04/2009 | Vantus Bank (Sioux City, Iowa) | 1923 | $458,000,000 | $368,000,000 | 15 | OTS | $168,000,000 | All deposits and most assets acquired by Great Southern Bank in Missouri. The FDIC and Great Southern agreed to share future losses on most assets. | ||||
| 9/04/2009 | InBank (Oak Forest, Ill.) | 1970 | $212,000,000 | $199,000,000 | 3 | Illinois | $66,000,000 | All non-brokered deposits and essentially all assets acquired by MB Financial Bank in Illinois. | ||||
| 9/04/2009 | First Bank of Kansas City (Kansas City, Mo.) | 1984 | $16,000,000 | $15,000,000 | 1 | Missouri | $6,000,000 | All deposits and assets acquired by Great American Bank in Kansas. | ||||
| 8/28/2009 | Affinity Bank (Ventura, Calif.) | 1982 | $1,000,000,000 | $922,000,000 | 10 | California | $254,000,000 | All deposits and most assets acquired by Pacific Western Bank in San Diego. The FDIC and Pacific Western agreed to share future losses on $934 million of assets. | ||||
| 8/28/2009 | Mainstreet Bank (Forest Lake, Minn.) | 1903 | $459,000,000 | $434,000,000 | 8 | Minnesota | $95,000,000 | All deposits and most assets acquired by Central Bank in Stillwater, Minn. The FDIC and Central Bank agreed to share future losses on $268 million of assets. | ||||
| 8/28/2009 | Bradford Bank (Baltimore, Md.) | 1903 | $452,000,000 | $383,000,000 | 9 | OTS | $97,000,000 | All deposits and most assets acquired by Manufacturers and Traders Trust Co. in Buffalo. The FDIC and M&T agreed to share future losses on $338 million of assets. | ||||
| 8/21/2009 | Guaranty Bank (Austin, Texas) | 1988 | $13,000,000,000 | $12,000,000,000 | 162 | OTS | $3,000,000,000 | The FDIC sold all non-brokered deposits and most assets to BBVA Compass. The FDIC and BBVA Compass agreed to share future losses on $11 billion of assets. | ||||
| 8/21/2009 | First Coweta Bank (Newnan, Ga.) | 2004 | $167,000,000 | $155,000,000 | 4 | Georgia | $48,000,000 | The FDIC sold almost all of the deposits and most of the assets to United Bank in Georgia. The FDIC and United Bank agreed to share future losses on most assets. | ||||
| 8/21/2009 | CapitalSouth Bank (Birmingham, Ala.) | 1975 | $617,000,000 | $546,000,000 | 10 | Alabama | $151,000,000 | The FDIC sold almost all of the deposits and most of the assets to IBERIABANK in Louisiana. The FDIC and IBERIABANK agreed to share future losses on $499 million in assets. | ||||
| 8/21/2009 | ebank (Atlanta, Ga.) | 1988 | $143,000,000 | $130,000,000 | 1 | OTS | $63,000,000 | All deposits and most assets acquired by Stearns Bank of St. Cloud, Minn. The FDIC and Stearns Bank agreed to share future losses on $111 million of assets. | ||||
| 8/14/2009 | Colonial Bank (Montgomery, Ala.) | 1917 | $25,000,000,000 | $20,000,000,000 | 346 | Alabama | $2,800,000,000 | Largest bank failures of 2009. All deposits and most assets acquired by BB&T of Winston-Salem, N.C. The FDIC and BB&T agreed to share future losses on$15 billion of assets. | ||||
| 8/14/2009 | Community Bank of Nevada (Las Vegas, Nev.) | 1995 | $1,520,000,000 | $1,380,000,000 | 14 | Nevada | $781,500,000 | The FDIC couldn’t find a buyer for this bank, so it set up a temporary bank to close up accounts. | ||||
| 8/14/2009 | Community Bank of Arizona (Phoenix, Ariz.) | 2003 | $158,500,000 | $143,800,000 | 4 | Arizona | $25,500,000 | All deposits and most assets acquired by MidFirst Bank of Oklahoma. The FDIC and MidFirst agreed to share future losses on certain assets. | ||||
| 8/14/2009 | Union Bank (Gilbert, Ariz.) | 1998 | $124,000,000 | $112,000,000 | 1 | OCC | $61,000,000 | All deposits and $11 million of assets acquired by MidFirst Bank of Oklahoma. | ||||
| 8/14/2009 | Dwelling House Savings and Loan (Pittsburgh, Pa.) | 1890 | $13,400,000 | $13,800,000 | 1 | OTS | $6,800,000 | All deposits and $3 million of assets acquired by PNC Bank. | ||||
| 08/07/09 | First State Bank (Sarasota, Fla.) | 1988 | $463,000,000 | $387,000,000 | 9 | Florida | $116,000,000 | All deposits and most assets acquired by Stearns Bank of Minnesota. The FDIC and Stearns Bank agreed to share future losses. | ||||
| 08/07/09 | Community National Bank of Sarasota County (Venice, Fla.) | 1988 | $97,000,000 | $93,000,000 | 4 | OCC | $24,000,000 | All deposits and most assets acquired by Stearns Bank of Minnesota. The FDIC and Stearns Bank agreed to share future losses on most assets. | ||||
| 08/07/09 | Community First Bank (Prineville, Ore.) | 1980 | $209,000,000 | $182,000,000 | 8 | Oregon | $45,000,000 | All non-brokered deposits and most assets acquired by Home Federal Bank in Idaho. The FDIC and Home Federal agreed to share future losses on $155 million in assets. | ||||
| 07/31/09 | Mutual Bank (Harvey, Ill.) | 1962 | $1,600,000,000 | $1,600,000,000 | 12 | Illinois | $696,000,000 | All deposits and essentially all assets sold to United Central Bank of Garland Texas. The FDIC and United Central agreed to share future losses on $1.3 billion of assets. | ||||
| 07/31/09 | First BankAmericano (Elizabeth, N.J.) | 1997 | $166,000,000 | $157,000,000 | 6 | New Jersey | $15,000,000 | All deposits and essentially all the assets acquired by Crown Bank in Brick, N.J. | ||||
| 07/31/09 | Peoples Community Bank (West Chester, Ohio) | 1889 | $705,800,000 | $598,200,000 | 19 | OTS | $129,500,000 | All deposits and essentially all assets acquired by First Financial Bank in Hamilton, Ohio. The FDIC and First Financial agreed to share future losses on $657.6 million of assets. | ||||
| 07/31/09 | Integrity Bank (Jupiter, Fla.) | 2004 | $119,000,000 | $102,000,000 | 1 | Florida | $46,000,000 | All deposits and roughly half the assets acquired by Stonegate Bank in Fort Lauderdale. | ||||
| 07/31/09 | First State Bank of Altus (Altus, Okla.) | 1909 | $103,400,000 | $98,200,000 | 2 | Oklahoma | $25,200,000 | All deposits and most assets acquired by Herring Bank of Amarillo, Texas. | ||||
| 07/24/09 | Security Bank of North Fulton (Alpharetta, Ga.) | 2003 | $209,000,000 | $191,000,000 | 1 | Georgia | 0 | Was one of six failed subsidiaries of Security Bank Corp. of Macon. All deposits and most assets acquired by State Bank and Trust of Pinehurst, Ga. State Bank and Trust and the FDIC agreed to share future losses on most assets. | ||||
| 07/24/09 | Security Bank of North Metro (Woodstock, Ga.) | 2002 | $224,000,000 | $212,000,000 | 1 | Georgia | 0 | Was one of six failed subsidiaries of Security Bank Corp. of Macon. All deposits and most assets acquired by State Bank and Trust of Pinehurst, Ga. State Bank and Trust and the FDIC agreed to share future losses on most assets. | ||||
| 07/24/09 | Security Bank of Gwinnett County (Suwanee, Ga.) | 2003 | $322,000,000 | $292,000,000 | 1 | Georgia | 0 | Was one of six failed subsidiaries of Security Bank Corp. of Macon. All deposits and most assets acquired by State Bank and Trust of Pinehurst, Ga. State Bank and Trust and the FDIC agreed to share future losses on most assets. | ||||
| 07/24/09 | Security Bank of Jones County (Gray, Ga.) | 1909 | $453,000,000 | $387,000,000 | 1 | Georgia | 0 | Was one of six failed subsidiaries of Security Bank Corp. of Macon. All deposits and most assets acquired by State Bank and Trust of Pinehurst, Ga. State Bank and Trust and the FDIC agreed to share future losses on most assets. | ||||
| 07/24/09 | Security Bank of Houston County (Perry, Ga.) | 1987 | $383,000,000 | $320,000,000 | 5 | Georgia | 0 | Was one of six failed subsidiaries of Security Bank Corp. of Macon. All deposits and most assets acquired by State Bank and Trust of Pinehurst, Ga. State Bank and Trust and the FDIC agreed to share future losses on most assets. | ||||
| 07/24/09 | Security Bank of Bibb County (Macon, Ga.) | 1988 | $1,200,000,000 | $1,000,000,000 | 13 | Georgia | $807,000,000 | Was one of six failed subsidiaries of Security Bank Corp. of Macon. All deposits and most assets acquired by State Bank and Trust of Pinehurst, Ga. State Bank and Trust and the FDIC agreed to share future losses on most assets. | ||||
| 07/24/09 | Waterford Village Bank (Williamsville, N.Y.) | 2007 | $61,400,000 | $58,000,000 | 1 | New York | $5,600,000 | All deposits and most assets acquired by Evans Bank in New York. The FDIC and Evans agreed to share future losses on most assets. | ||||
| 07/17/09 | First Piedmont Bank (Winder, Ga.) | 1998 | $115,000,000 | $109,000,000 | 2 | Georgia | $29,000,000 | All deposits and most assets acquired by First American Bank and Trust of Athens, Ga. The FDIC and First American will share future losses on certain assets. | ||||
| 07/17/09 | BankFirst (Sioux Falls, S.D.) | 1995 | $275,000,000 | $254,000,000 | 2 | South Dakota | $91,000,000 | All deposits and some assets acquired by Alerus Financial of Grand Forks, N.D. The FDIC sold $177 million of the failed banks loans to Beal Bank of Nevada. | ||||
| 07/17/09 | Temecula Valley Bank (Temecula, Calif.) | 1996 | $1,500,000,000 | $1,300,000,000 | 11 | California | $391,000,000 | All non-brokered deposits and most assets acquired by First-Citizens Bank and Trust Co. in Raleigh, N.C. First-Citizens and the FDIC agreed to share future losses on $1,300,000,000 of assets. | ||||
| 07/17/09 | Vineyard Bank (Rancho Cucamonga, Calif.) | 1981 | $1,900,000,000 | $1,600,000,000 | 16 | OCC | $579,000,000 | All non-brokered deposits and most assets acquired by California Bank & Trust in San Diego. The FDIC and California Bank & Trust agreed to share future losses on $1.5 billion in assets. | ||||
| 07/10/09 | Bank of Wyoming (Thermopolis, Wyo.) | 1978 | $70,000,000 | $67,000,000 | 1 | Wyoming | $27,000,000 | All non-brokered deposits and some assets acquired by Central Bank & Trust in Lander, Wyo. | ||||
| 07/02/09 | The Elizabeth State Bank (Elizabeth, Ill.) | 1909 | $55,500,000 | $50,400,000 | 2 | Illinois | $11,200,000 | All assets and most deposits acquired by Galena State Bank and Trust in Galena, Ill. Galena State Bank and the FDIC agreed to share future losses on certain assets. | ||||
| 07/02/09 | First National Bank of Danville (Danville, Ill.) | 1857 | $166,000,000 | $147,000,000 | 7 | OCC | $24,000,000 | All deposits and most assets acquired by First Financial Bank of Terre Haute, Ind. The FDIC and First Financial agreed to share future losses on roughly half of the failed bank's assets. This is the oldest bank to fail during the financial crisis. | ||||
| 07/02/09 | Millennium State Bank of Texas (Dallas, Texas) | 2003 | $118,000,000 | $115,000,000 | 1 | Texas | $47,000,000 | All of the deposits and some assets acquired by State Bank of Texas in Irving, Texas. | ||||
| 07/02/09 | Founders Bank (Worth, Ill.) | 1961 | $962,500,000 | $888,400,000 | 11 | Illinois | $188,500,000 | All deposits and most assets acquired by the PrivateBank and Trust Co. of Chicago. The FDIC and PrivateBank agreed to share future losses on most assets. | ||||
| 07/02/09 | Rock River Bank (Oregon, Ill.) | 1935 | $77,000,000 | $75,800,000 | 4 | Illinois | $27,600,000 | All deposits and most assets acquired by The Harvard State Bank in Harvard, Ill. The FDIC and Harvard State Bank agreed to share losses on some assets. | ||||
| 07/02/09 | First State Bank of Winchester (Winchester, Ill.) | 1867 | $36,000,000 | $34,000,000 | 2 | Illinois | $6,000,000 | All deposits and most assets acquired by First National Bank of Beardstown in Illinois. The FDIC and First National Bank of Beardstown agreed to share future losses on some assets. | ||||
| 07/02/09 | The John Warner Bank (Clinton, Ill.) | 1867 | $70,000,000 | $64,000,000 | 3 | Illinois | $10,000,000 | All deposits and most assets acquired by State Bank of Lincoln in Lincoln, Ill. The FDIC and State Bank of Lincoln agreed to share future losses on some assets. | ||||
| 06/26/09 | Horizon Bank (Pine City, Minn.) | 1915 | $87,600,000 | $69,400,000 | 2 | Minnesota | $33,500,000 | Horizon Bank's deposits were bought by Stearns Bank of St. Cloud, Minn., which paid a premium 0.75%. Stearns also agreed to purchase about $84.4 million of assets. | ||||
| 06/26/09 | Neighborhood Community Bank (Newnan, Ga.) | 2000 | $221,600,000 | $191,300,000 | 4 | Georgia | $66,700,000 | CharterBank, based in West Point, Ga., will assume all the deposits of Neighborhood Community Bank, agreeing to purchase about $209.6 million of assets. | ||||
| 06/26/09 | Community Bank of West Georgia (Villa Rica, Ga.) | 2003 | $377,000,000 | $307,000,000 | 1 | Georgia | $85,000,000 | All deposits and some assets acquired by United Community Bank of Blairsville, Ga. The FDIC and United Community agreed to share future losses on some assets. | ||||
| 06/26/09 | MetroPacific Bank (Irvine, Calif.) | 2005 | $80,000,000 | $73,000,000 | 1 | California | $29,000,000 | MetroPacific Bank's deposits, except about $6 million from brokers, were bought by Sunwest Bank of Tustin, Calif. | ||||
| 06/26/09 | Mirae Bank (Los Angeles) | 2002 | $456,000,000 | $362,000,000 | 5 | California | $50,000,000 | All of Mirae Bank's deposits were purchased by Wilshire State Bank, also of Los Angeles. In addition, Wilshire will buy about $449 million of the bank's assets, with the FDIC planning to dispose of the rest later. | ||||
| 06/19/09 | First National Bank of Anthony (Anthony, Kan.) | 1885 | $156,900,000 | $142,500,000 | 6 | OCC | $32,200,000 | All deposits and some assets acquired by Bank of Kansas, and the FDIC and Bank of Kansas will share future losses on certain assets. | ||||
| 06/19/09 | Cooperative Bank (Wilmington, N.C.) | 1898 | $970,000,000 | $774,000,000 | 24 | North Carolina | $217,000,000 | All nonbrokered deposits and some assets acquired by First Bank of Troy, N.C. The FDIC and First Bank agreed to share future losses on some assets. | ||||
| 06/19/09 | Southern Community Bank (Fayetteville, Ga.) | 2000 | $377,000,000 | $307,000,000 | 5 | Georgia | $114,000,000 | All deposits and some assets acquired by United Community Bank of Blairsville, Ga. The FDIC and United Community agreed to share future losses on some assets. | ||||
| 06/05/09 | Bank of Lincolnwood (Lincolnwood, Ill.) | 1954 | $214,000,000 | $202,000,000 | 2 | Illinois | $83,000,000 | All deposits and some assets acquired by Republic Bank of Chicago (Oak Brook, Ill.) | ||||
| 05/22/09 | Citizens National Bank (Macomb, Ill.) | 1890 | $437,000,000 | $400,000,000 | 4 | Illinois | $106,000,000 | Morton Community Bank of Morton, Ill., reached an agreement with the FDIC to assume all of the failed bank's deposits except for $200 million in brokered deposits. Morton will buy $240 million of Citizens's assets and share losses with the FDIC on another $200 million in assets. | ||||
| 05/22/09 | Strategic Capital Bank (Champaign, Ill.) | 1999 | $537,000,000 | $471,000,000 | 1 | Illinois | $173,000,000 | Midland States Bank, based in Effingham, Ill., reached an agreement with the FDIC to assume all of the bank's deposits. | ||||
| 05/21/09 | BankUnited FSB (Coral Gables, Fla.) | 1984 | $12,800,000,000 | $8,600,000,000 | 85 | OTS | $4,900,000,000 | Bank sold to management team led by John Kanas. | ||||
| 05/08/09 | Westsound Bank (Bremerton, Wash.) | 1999 | $334,600,000 | $304,500,000 | 0 | Washington | $108,000,000 | All deposits and some assets acquired by Kitsap Bank of Washington. | ||||
| 05/01/09 | Citizens Community Bank (Ridgewood, N.J.) | 2004 | $45,100,000 | $43,700,000 | 1 | New Jersey | $18,100,000 | All deposits and some assets acquired by North Jersey Community Bank of Englewood Cliffs, N.J. | ||||
| 05/01/09 | America West Bank (Layton, Utah) | 2000 | $299,400,000 | $284,100,000 | 3 | Utah | $119,400,000 | All deposits and some assets acquired by Cache Valley Bank of Logan, Utah. | ||||
| 05/01/09 | Silverton Bank (Atlanta, Ga.) | 1986 | $4,100,000,000 | $3,300,000,000 | 6 | OCC | $1,300,000,000 | The FDIC created a bridge bank so that the company will continue operating as it could not find a buyer. | ||||
| 04/24/09 | American Southern Bank (Kennesaw, Ga.) | 2005 | $112,300,000 | $104,300,000 | 1 | Georgia | $41,900,000 | All non-brokered deposits and some assets acquired by Bank of North Georgia. | ||||
| 04/24/09 | Michigan Heritage Bank (Farmington Hills, Mich.) | 1997 | $186,400,000 | $151,700,000 | 3 | Michigan | $71,300,000 | Level One Bank of Farmington Hills acquired all non-brokered deposits and some assets of the failed bank. | ||||
| 04/24/09 | First Bank of Beverly Hills (Calabasas, Calif.) | 1979 | $1,500,000,000 | $1,000,000,000 | N/A | California | $394,000,000 | The FDIC will pay out all insured deposits, as no bank wanted to buy the deposits or assets of this company. | ||||
| 04/24/09 | First Bank of Idaho (Ketchum, Idaho) | 1974 | $488,900,000 | $374,000,000 | 7 | OTS | $191,200,000 | All non-brokered deposits acquired by US Bank of Minneapolis. | ||||
| 04/17/09 | Great Basin Bank of Nevada | 1993 | $270,900,000 | $221,400,000 | 5 | Nevada | $42,000,000 | All deposits and some assets acquired by Nevada State Bank of Las Vegas. Nevada State Bank and the FDIC will share future losses on $143.4 million of assets. | ||||
| 04/17/09 | American Sterling Bank(Sugar Creek, Mo.) | 1934 | $181,000,000 | $171,900,000 | N/A | OTS | $42,000,000 | All deposits and some assets acquired by Metcalf Bank of Lee's Summit, Mo. The FDIC and Metcalf agreed to share future losses on $100 million in assets. | ||||
| 04/10/09 | New Frontier Bank (Greeley, Colo.) | 2000 | $2,000,000,000 | $1,500,000,000 | N/A | Colorado | $670,000,000 | No bank wanted to acquire the deposits or assets of New Frontier Bank, so the FDIC created the Deposit Insurance National Bank of Greeley, which was slated to remain open for 30 days to allow depositors to move their money to other banks. | ||||
| 04/10/09 | Cape Fear Bank (Wilmington, N.C.) | 1998 | $492,000,000 | $403,000,000 | 8 | North Carolina | $131,000,000 | All deposits and some assets acquired by First Federal Savings and Loan of Charleston, S.C. The FDIC and First Federal agreed to share future losses on $395 million of Cape Fear's assets. | ||||
| 03/27/09 | Omni National Bank (Atlanta, Ga.) | 1976 | $956,000,000 | $796,000,000 | 6 | OCC | $290,000,000 | SunTrust Bank is paying out the insured deposits. No bank acquired the assets of Omni National. | ||||
| 03/20/09 | FirstCity Bank (Stockbridge, Ga.) | 1905 | $297,000,000 | $278,000,000 | N/A | Georgia | $100,000,000 | The FDIC couldn't find a buyer for the failed bank, so it paid out insured deposits. | ||||
| 03/20/09 | Colorado National Bank (Colorado Springs, Colo.) | 1963 | $123,500,000 | $82,700,000 | 4 | OCC | $9,000,000 | Herring Bank of Amarillo, Texas, acquired all assets and some deposits of Colorado National Bank. | ||||
| 03/20/09 | Teambank (Paola, Kan.) | 1875 | $669,800,000 | $492,800,000 | 17 | OCC | $98,000,000 | All deposits and some assets acquired by Great Southern Bank of Springfield, Mo. The FDIC and Great Southern will share losses on certain assets. | ||||
| 03/06/09 | Freedom Bank of Georgia (Commerce, Ga.) | 2004 | $173,000,000 | $161,000,000 | 4 | Georgia | $36,200,000 | All assets and some deposits acquired by Northeast Georgia Bank. | ||||
| 02/27/09 | Security Savings Bank (Henderson, Nev.) | 2000 | $238,300,000 | $175,200,000 | 2 | Nevada | $59,100,000 | All deposits and $111 million in assets acquired by Bank of Nevada. | ||||
| 02/27/09 | Heritage Community Bank (Glenwood, Ill.) | 1969 | $232,900,000 | $218,600,000 | 4 | Illinois | $41,600,000 | MB Financial Bank assumed all the deposits of Heritage Community Bank. MB Financial also agreed to share losses on $181 million in assets it acquired from the failure. | ||||
| 02/20/09 | Silver Falls Bank (Silverton, Ore.) | 2000 | $131,400,000 | $116,300,000 | 3 | Oregon | $50,000,000 | All deposits and some assets acquired by Citizens Bank of Corvallis, Ore. | ||||
| 02/13/09 | Sherman County Bank (Loup City, Neb.) | 1932 | $129,800,000 | $85,100,000 | 4 | Nebraska | $28,000,000 | All deposits and some assets acquired by Heritage Bank of Nebraska. | ||||
| 02/13/09 | Riverside Bank of the Gulf Coast (Cape Coral, Fla.) | 1997 | $539,000,000 | $424,000,000 | 9 | Florida | $201,500,000 | All deposits and some assets acquired by TIB Bank of Naples. | ||||
| 02/13/09 | Corn Belt Bank and Trust Co. (Pittsfield, Ill.) | 1946 | $271,800,000 | $234,400,000 | 2 | Illinois | $100,000,000 | All deposits and some assets acquired by Carlinville National Bank of Illinois. | ||||
| 02/13/09 | Pinnacle Bank (Beaverton, Ore.) | 2002 | $73,000,000 | $64,000,000 | 1 | Oregon | $12,100,000 | All deposits acquired by Washington Trust Bank of Spokane. The FDIC and Washington Trust will share losses on some of the assets acquired by the bank. | ||||
| 02/06/09 | County Bank (Merced, Calif.) | 1977 | $1,700,000,000 | $1,300,000,000 | 39 | California | $135,000,000 | All deposits and some assets acquired by Westamerica Bank of San Rafael, Calif. | ||||
| 02/06/09 | Alliance Bank (Culver City, Calif.) | 1980 | $1,140,000,000 | $951,000,000 | 5 | California | $206,000,000 | All deposits and some assets acquired by California Bank and Trust of San Diego. | ||||
| 02/06/09 | FirstBank Financial Services (McDonough, Ga.) | 2002 | $337,000,000 | 279,000,000 | 4 | Georgia | $111,000,000 | All deposits and some assets acquired by Regions Bank of Birmingham. | ||||
| 01/30/09 | Ocala National Bank (Ocala, Fla.) | 1986 | $223,500,000 | 205,200,000 | 4 | OCC | $99,000,000 | All deposits were sold to CenterState Bank in Florida. | ||||
| 01/30/09 | Suburban Federal Savings Bank (Crofton, Md.) | 1954 | $360,000,000 | 302,000,000 | 7 | OTS | $126,000,000 | All deposits were sold to Bank of Essex in Virginia. | ||||
| 01/30/09 | MagnetBank (Salt Lake City, Utah) | 2005 | $292,900,000 | 282,800,000 | 1 | Utah | $119,400,000 | The FDIC will pay out all depositors, as it couldn't find a buyer. | ||||
| 01/23/09 | First Centennial Bank (Redlands, Calif.) | 1990 | $803,300,000 | 676,900,000 | 6 | California | $227,000,000 | Insured deposits bought by First California Bank of Westlake Village, Calif. | ||||
| 01/16/09 | Bank of Clark County (Vancouver, Wash.) | 1999 | $446,500,000 | 366,500,000 | 2 | Washington | $145,000,000 | Insured deposits and some assets acquired by Umpqua Bank. | ||||
| 01/16/09 | National Bank of Commerce (Berkeley, Ill.) | 1966 | $431,000,000 | 402,000,000 | 2 | OCC | $97,100,000 | All assets and some deposits acquired by Republic Bank. | ||||
| 12/12/08 | Sanderson State Bank (Sanderson, Texas) | 1907 | $37,000,000 | $27,900,000 | 1 | Texas | $12,500,000 | All assets and some deposits acquired by Pecos County State Bank of Fort Stockton, Texas. | ||||
| 12/12/08 | Haven Trust Bank (Duluth, Ga.) | 2000 | $572,000,000 | $515,000,000 | 4 | Georgia | $200,000,000 | All deposits and some branches acquired by BB & T. | ||||
| 12/05/08 | First Georgia Community Bank (Jackson, Ga.) | 1997 | $237,500,000 | $197,400,000 | 4 | Georgia | $72,000,000 | All deposits and some assets acquired by United Bank of Zebulon, Ga. | ||||
| 11/21/08 | PFF Bank & Trust (Pomona, Calif.) | 1892 | $3,700,000,000 | $2,400,000,000 | 38 | OTS | $700,000,000 | All deposits and some assets acquired by U.S. Bancorp. | ||||
| 11/21/08 | Downey Savings and Loan (Newport Beach, Calif.) | 1957 | $12,800,000,000 | $9,700,000,000 | 175 | OTS | $1,400,000,000 | All deposits and some assets acquired by U.S. Bancorp. | ||||
| 11/21/08 | Community Bank (Loganville, Ga.) | 1946 | $681,000,000 | $611,400,000 | 4 | Georgia | $240,000,000 | All deposits and some assets sold to Bank of Essex, based in Tappahannock, Va. (Read more) | ||||
| 11/07/08 | Security Pacific Bank (Los Angeles) | 1981 | $561,100,000 | $450,100,000 | 4 | California | $210,000,000 | All deposits and some assets acquired by Pacific Western Bank. (Read more) | ||||
| 11/07/08 | Franklin Bank (Houston, Texas) | 1987 | $5,100,000,000 | $3,700,000,000 | 46 | Texas | $1,600,000,000 | All deposits and some assets acquired by Prosperity Bank of El Campo, Texas. (Read more) | ||||
| 10/31/08 | Freedom Bank (Bradenton, Fla.) | 2005 | $287,000,000 | $254,000,000 | 4 | Florida | $104,000,000 | All deposits and some assets acquired by Fifth Third Bank. (Read more) | ||||
| 10/24/08 | Alpha Bank & Trust (Alpharetta, Ga.) | 2006 | $354,100,000 | $346,200,000 | 2 | Georgia | $158,100,000 | Insured deposits and some assets sold to Stearns Bank of St. Cloud, Minn. | ||||
| 10/10/08 | Meridian Bank (Eldred, Ill.) | 1910 | $39,180,000 | $36,880,000 | 4 | Illinois | $14,500,000 | All deposits and some assets acquired by National Bank of Hillsboro, Ill. (Read more) | ||||
| 10/10/08 | Main Street Bank (Northville, Mich.) | 2004 | $98,000,000 | $86,000,000 | 2 | Michigan | $39,000,000 | All deposits and some assets acquired by Monroe Bank & Trust. (Read more) | ||||
| 09/25/08 | Washington Mutual (Seattle, Wash.) | 1889 | $307,000,000,000 | $188,300,000,000 | 2239 | OTS | $0 | Largest bank failure in U.S. history. All deposits, branches, and some assets acquired by JPMorgan Chase. (Read more) | ||||
| 09/19/08 | Ameribank, Inc. (Northfork, WV) | 1906 | $115,000,000 | $102,000,000 | 8 | OTS | $42,000,000 | All of the deposits and certain assets split between Pioneer Community Bank of Iaeger, W.Va., and Citizens Savings Bank of Martins Ferry, Ohio. (Read more) | ||||
| 09/05/08 | Silver State Bank (Henderson, Nev.) | 1996 | $2,000,000,000 | $1,700,000,000 | N/A | Nevada | $550,000,000 | Insured deposits acquired by Nevada State Bank. | ||||
| 08/29/08 | Integrity Bank (Alpharetta, Ga.) | 2000 | $1,100,000,000 | $974,000,000 | 5 | Georgia | $350,000,000 | All deposits and some assets acquired by Regions Bank | ||||
| 08/22/08 | Columbian Bank and Trust Co. (Topeka, Kan.) | 1978 | $752,000,000 | $622,000,000 | 9 | OTS | $60,000,000 | Insured deposits and some assets acquired by Citizens Bank and Trust (Chillicothe, Mo.) | ||||
| 08/01/08 | First Priority Bank (Bradenton, Fla.) | 2003 | $259,000,000 | $227,000,000 | 6 | Florida | $72,000,000 | Insured deposits and some assets acquired by SunTrust Bank. Some other assets acquired by LNV Corp. (Read more) | ||||
| 07/25/08 | First Heritage Bank (Newport Beach, Calif.) | 2005 | $254,000,000 | $233,000,000 | 3 | OCC | $862,000,000** | All deposits and some assets acquired by Mutual of Omaha Bank (Read more) | ||||
| 07/25/08 | First National Bank of Nevada (Reno, Nev.) | 1987 | $3,400,000,000 | $3,000,000,000 | 25 | OCC | $862,000,000* | All deposits and some assets acquired by Mutual of Omaha Bank (Read more) | ||||
| 07/11/08 | IndyMac Bank (Pasadena, Calif.) | 1936 | $32,010,000,000 | $19,060,000,000 | 33 | OTS | $8,900,000,000 | Bank temporarily being run by FDIC, renamed IndyMac Federal (Read more) | ||||
| 05/30/08 | First Integrity Bank (Staples, Minn.) | 1919 | $54,700,000 | $50,300,000 | 2 | OCC | $2,300,000 | All deposits and most assets acquired by First International Bank and Trust of Watford City, N.D. (Read more) | ||||
| 05/09/08 | ANB Financial (Bentonville, Arkansas) | 1994 | $2,100,000,000 | $1,800,000,000 | 9 | OCC | $214,000,000 | Insured deposits and some assets acquired by Pulaski Bank and Trust Co. of Little Rock, Ark. (Read more) | ||||
| 03/07/08 | Hume Bank (Hume, Mo.) | 1909 | $18,700,000 | $13,600,000 | 1 | Missouri | N/A | Insured deposits and some assets acquired by Security Bank of Rich Hill, Mo. | ||||
| 01/25/08 | Douglass National Bank (Kansas City, Mo.) | 1983 | $58,500,000 | $53,800,000 | 3 | OCC | $5,600,000 | All deposits and most assets acquired by Liberty Bank and Trust, New Orleans, La. |
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