2008 and 2009 Bank and Thrift Failures ($Mil)
Date
Failed Institution
City
State
Regulator
Total Assets
FDIC Insurance Fund's Estimated Loss
Acquired By
Uninsured Deposits not Acquired
Dividends on Uninsured Deposits
05/22/09

Strategic Capital Bank

Champaign Ill. State $537 $173

Midland States Bank, Effingham, Ill.

$0.0 N/A
05/22/09

Citizens National Bank

Macomb Ill. State $437 $106

Morton Community Bank, Morton, Ill.

$0.0 N/A
05/21/09

BankUnited, FSB

Coral Gables Fla. OTS $12,800 $4,900 BankUnited- A consortium of private equity firms, including WL Ross & Co., Carlyle Group, Blackstone Group (BX) and Centerbridge Capital Partners. $0.0 N/A
05/11/09 Westsound Bankl Bremerton Wash. State $335 $108

Kitsap Bank, Port Orchard, Wash.

$0.0 N/A
05/03/09 Silverton Bank, NA Atlanta Ga. State $4,100 $1,300

None

$0.18 N/A
05/03/09

Citizens Community Bank

Ridgewood N.J. State $45 $18

North Jersey Bank, Englewood Cliffs, N.J.

$0.0 N/A
05/03/09

America West Bank

Layton Utah State $299 $119

Cache Valley Bank, Logan, Utah

$0.0 N/A
04/27/09

American Southern Bank

Kennesaw Ga. State $112 $42

Bank of North Georgia, Alpharetta, Ga. (held by Synovus Financial Corp. (SNV))

$0.0 N/A
04/27/09

Michigan Heritage Bank

Farmington Hills Mich. State $185 $71

Level One Bank, Farmington Hills, Mich.

$0.0 N/A
04/27/09

First Bank of Beverly Hills

Calabasas Calif. State $1,500 $394

None

$0.18 N/A
04/27/09 First Bank of Idaho Ketchum Idaho OTS $489 $191

U.S. Bancorp. (USB)

$0.0 N/A
04/20/09

American Sterling Bank

Sugar Creek
Mo.
OTC
$181
$0

Metcalf Bank, Lee's Summit, Mo.

$0.0
N/A
04/20/09

Great Basin Bank of Nevada

Elko
Nev.
State
$271
$0
Nevada State Bank, held by Zions Bancorp (ZION)
$0.0
N/A
04/13/09

Cape Fear Bank

Wilmington
N.C.
State
$492
$131
First Federal S&L of Charleston (held by First Financial Holdings (FFCH)) Charleston, S.C.
$0.0
N/A
04/13/09

New Frontier Bank

Greely
Col.
State
$2,000
$670
None
$150.0
N/A
03/27/09 Omni National Bank
Atlanta
Ga.
State
$956
$290
SunTrust Bank (STI) to act as paying agent until April 27
$2.0
N/A
03/06/09 TeamBank, NA
Paola
Kan.
State
$670
$98
Great Southern Bancorp (GSBC), Springfield, Mo.
$0.0
N/A
03/06/09 Colorado National Bank
Colorado Springs
Col.
State
$124
$9
Herring Bank, Amarillo, Texas
$0.0
N/A
03/06/09 FirstCity Bank
Stockbridge
Ga.
State
$297
$100
None
$.78
N/A
03/06/09 Freedom Bank of Georgia
Commerce
Ga.
State
$173
$36.2
Northeast Georgia Bank, Lavonia, Ga.
$0.0
N/A
02/27/09 Security Savings Bank
Henderson
Nev.
State
$238
$59.1
Bank of Nevada, Las Vegas (held by Western Alliance Bancorp (WAL))
$0.0
N/A
02/27/09 Heritage Community Bank
Glenwood
Ill.
State
$233
$41.6
MB Financial, Inc. (MBFI), Chicago, Ill.
$0.0
N/A
02/20/09 Silver Falls Bank
Silverton
Ore.
State
$131
$48.6
Citizens Bank, Corvallis, Ore.
$0.0
N/A
02/13/09 Pinnacle Bank
Beaverton
Ore.
State
$73
$12.1
Washington Trust Bank, Spokane, Wash.
$0.0
N/A
02/13/09 Sherman County Bank
Loup City
Neb.
State
$130
$28.1
by Heritage Bank, Wood River, Neb.
$0.0
N/A
02/13/09 Riverside Bank of the Gulf Coast
Cape Coral
Fla.
State
$539
$201.5
TIB Financial Corp (TIBB) Naples, Fla.
$0.0
N/A
02/13/09 Corn Belt Bank & Trust
Pittsfield
Ill.
State
$272
$100.7
Carlinville National Bank, Carlinville, Ill.
$0.0
N/A
02/06/09 FirstBank Financial Services
McDonough
Ga.
State
$337
$112.2
Regions Financial (RF)
$0.0
N/A
02/06/09 Alliance Bank
Culver City
Calif.
State
$1,140
$205.9
California Bank & Trust, held by Zions Bancorporation (ZION).
$0.0
N/A
02/06/09 County Bank
Merced
Calif.
State
$1,700
$135.8
Westamerica Bancorporation (WABC)
$0.0
N/A
01/30/09 Suburban FSB
Crofton
Md.
OTS
$360
$126.3
Bank of Essex, Tappahannock, Va.
$0.0
N/A
01/30/09 Ocala National Bank
Ocala
Fla.
OCC
$224
$99.6
CenterState Banks of Florida (CSFL)
$0.0
N/A
01/30/09 Magnet Bank
Salt Lake City
Utah
State
$293
$129.3
No Acquirer.
$0.0
N/A
01/23/09 1st Centennial Bank
Redlands
Calif.
State
$803
$226.6
First Califorina Financial Group (FCAL), Camarillo, Calif.
$12.8
0%
01/16/09 Bank of Clark County
Vancouver
Wash.
State
$447
$131.4
Umpqua Holdings Corp. (UMPQ), Roseburg, Ore.
$39.3
0%
01/16/09 National Bank of Commerce
Berkely
Ill.
OCC
$431
$97.1
Republic Bank of Chicago, Oak Brook, Ill.
$0.0
N/A
12/12/08 Haven Trust Bank
Duluth
Ga.
State
$572
$208.0
BB&T Corp. (BBT)
$0.0
N/A
12/12/08 Sanderson State Bank
Sanderson
Texas
State
$37
$9.6
The Pecos County State Bank, Fort Stockton, Texas
$0.0
N/A
12/05/08 First Georgia Community Bank
Jackson
Ga.
State
$238
$52.0
United Bank, Zebulon, Ga.
$0.0
N/A
11/21/08 PFF Bank & Trust
Pomona
Calif.
OTS
$3,700
$729.6
U.S. Bancorp (USB)
$0.0
N/A
11/21/08 Downey Savings & Loan, FA
Newport Beach
Calif.
OTS
$12,800
$1,374.6
U.S. Bancorp (USB)
$0.0
N/A
11/21/08 The Community Bank
Loganville
Ga.
State
$681
$247.3
Bank of Essex, Tappahannock, Va.
$0.0
N/A
11/07/08 Franklin Bank, SSB
Houston
Texas
State
$5,100
$1,361.6
Prosperity Bancshares (PRSP), Houston, Texas
$0.0
N/A
11/07/08 Security Pacific Bank
Los Angeles
Calif.
State
$561
$175.5
Pacific Western Bank, San Diego, Calif., held by PacWest Bancorp (PACW).
$0.0
N/A
10/31/08 Freedom Bank
Bradenton
Fla.
State
$287
$92.9
Fifth Third Bancorp (FITB)
$0.0
N/A
10/24/08 Alpha B&T
Alpharetta
Ga.
State
$354
$159.9
Stearns Bank, NA, St. Cloud, Minn.
$0.4
0%
10/10/08 Meridian Bank
Eldred
Ill.
State
$39
$14.5
National Bank, Hillsboro, Ill.
$0.0
N/A
10/10/08 Main Street Bank
Northville
Mich.
State
$98
$32.1
Monroe Bank & Trust, Monroe, Mich.
$0.0
N/A
09/25/08 Washington Mutual Bank
Seattle
Wash.
OTS
$307,000
$0.0
JPMorgan Chase (JPM)
$0.0
N/A
09/19/08 Ameribank, Inc.
Welch
W.Va.
OTS
$115
$33.4
Pioneer Community Bank, Iaeger, W. Va., and The Citizens SB, Martins Ferry, Ohio.
$0.0
N/A
09/05/08 Silver State Bank
Henderson
Nev.
State
$1,957
$553.1
Nevada State Bank, Las Vegas, held by Zions Bancorporation (ZION).
$26.1
0%
08/29/08 Integrity Bank
Alpharetta
Ga.
State
$1,107
$210.8
Regions Financial (RF)
$0.0
N/A
08/22/08 The Columbian B&TC
Topeka
Kan.
State
$752
$232.1
Citizens B&T, Chillicothe, Mo,
$28.2
0%
08/01/08 First Priority Bank
Bradenton
Fla.
State
$259
$81.2
SunTrust Banks, Inc. (STI)
$2.1
1%
07/25/08 First Heritgage Bank, NA
Newport Beach
Calif.
OCC
$254
$33.1
Mutual of Omaha Bank, Omaha, Neb.
$0.0
N/A
07/25/08 First NB of Nevada
Reno
Nev.
OCC
$3,411
$706.1
Mutual of Omaha Bank, Omaha, Neb.
$0.0
N/A
07/11/08 IndyMac Bank, FSB
Pasadena
Calif.
OTS
$30,699
$10,725.0
FDIC conservatorship, since sold to consortium led by J.C. Flowers & Co.
$539.6
50%
05/30/08 First Integrity Bank, NA
Staples
Minn.
OCC
$55
$10.1
First International B&T, Watford City, N.D.
$0.0
N/A
05/09/08 ANB Financial, NA
Bentonville
Ark.
OCC
$2,100
$819.4
Pulaski B&TC, Little Rock, Ark., held by IberiaBank Corp. (IBKC).
$12.3
12%
03/07/08 Hume Bank
Hume
Mo.
State
$19
$4.3
Security Bank, Rich Hill, Mo.
$0.4
63%
01/25/08 Douglass National Bank
Kansas City
Mo.
OCC
$59
$6.5
Liberty B&TC, New Orleans, La.
$0.0
N/A
Source: Source: FDIC