2008 and 2009 Bank and Thrift Failures ($Mil) |
| 06/05/09 |
Bank of Lincolnwood |
Lincolnwood |
Ill. |
State |
$214 |
$83 |
Republic Bank of Chicago, Oak Brook, Ill. |
$0.0 |
N/A |
| 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 |
|