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Bank Failures in Brief
2012

There were 51 bank failures in 2012. The list of Bank Failures in Brief is updated through December 14, 2012. Please address questions on this subject to the Customer Service Hotline (Telephone: 1-888-206-4662).

December

Community Bank of the Ozarks, Sunrise Beach, MO with approximately $42.8 million in total assets and $41.9 million in total deposits was closed. Bank of Sullivan has agreed to assume all deposits.
(PR-146-2012)

November

Hometown Community Bank, Braselton, GA with approximately $124.6 million in total assets and $108.9 million in total deposits was closed. CertusBank, N.A. has agreed to assume all deposits.
(PR-134-2012)

Citizens First National Bank, Princeton, IL with approximately $924.0 million in total assets and $869.4 million in total deposits was closed. Heartland Bank and Trust Company has agreed to assume all deposits.
(PR-128-2012)

Heritage Bank of Florida, Lutz, FL with approximately $225.5 million in total assets and $223.3 million in total deposits was closed. Centennial Bank has agreed to assume all deposits.
(PR-127-2012)

October

Nova Bank, Berwyn, PA with approximately $483.0 million in total assets and $432.2 million in total deposits was closed. The FDIC has approved the payout of the insured deposits of Nova Bank.
(PR-123-2012)

Excel Bank, Sedalia, MO with approximately $200.6 million in total assets and $187.4 million in total deposits was closed. Simmons First National Bank has agreed to assume all deposits.
(PR-120-2012)

First East Side Savings Bank, Tamarac, FL with approximately $67.2 million in total assets and $65.9 million in total deposits was closed. Stearns Bank National Association (N.A.) has agreed to assume all deposits.
(PR-119-2012)

GulfSouth Private Bank, Destin, FL with approximately $159.1 million in total assets and $151.1 million in total deposits was closed. SmartBank has agreed to assume all deposits.
(PR-118-2012)

September

First United Bank, Crete, IL with approximately $328.4 million in total assets and $316.9 million in total deposits was closed. Old Plank Trail Community Bank, National Association has agreed to assume all deposits.
(PR-113-2012)

Truman Bank, Saint Louis, MO with approximately $282.3 million in total assets and $245.7 million in total deposits was closed. Simmons First National Bank has agreed to assume all deposits excluding certain brokered deposits.
(PR-106-2012)

First Commercial Bank, Bloomington, MN with approximately $215.9 million in total assets and $206.8 million in total deposits was closed. Republic Bank & Trust Company has agreed to assume all deposits.
(PR-104-2012)

August

Waukegan Savings Bank, Waukegan, IL with approximately $88.9 million in total assets and $77.5 million in total deposits was closed. First Midwest Bank has agreed to assume all deposits.
(PR-090-2012)

July

Jasper Banking Company, Jasper, GA with approximately $216.7 million in total assets and $213.1 million in total deposits was closed. Stearns Bank National Association (N.A.) has agreed to assume all deposits excluding certain brokered deposits.
(PR-089-2012)

Second Federal Savings and Loan Association of Chicago, Chicago, IL with approximately $199.1 million in total assets and $175.9 million in total deposits was closed. Hinsdale Bank & Trust Company has agreed to assume all deposits.
(PR-086-2012)

Heartland Bank, Leawood, KS with approximately $110.0 million in total assets and $102.6 million in total deposits was closed. Metcalf Bank has agreed to assume all deposits.
(PR-085-2012)

First Cherokee State Bank, Woodstock, GA with approximately $222.7 million in total assets and $193.3 million in total deposits was closed. Community & Southern Bank has agreed to assume all deposits.
(PR-084-2012)

Georgia Trust Bank, Buford, GA with approximately $119.8 million in total assets and $117.4 million in total deposits was closed. Community & Southern Bank has agreed to assume all deposits excluding certain brokered deposits.
(PR-083-2012)

The Royal Palm Bank of Florida, Naples, FL with approximately $87.0 million in total assets and $85.1 million in total deposits was closed. First National Bank of the Gulf Coast has agreed to assume all deposits.
(PR-082-2012)

Glasgow Savings Bank, Glasgow, MO with approximately $24.8 million in total assets and $24.2 million in total deposits was closed. Regional Missouri Bank has agreed to assume all deposits.
(PR-081-2012)

Montgomery Bank & Trust, Ailey, GA with approximately $173.6 million in total assets and $164.4 million in total deposits was closed. Ameris Bank has agreed to assume all deposits excluding certain brokered deposits.
(PR-080-2012)

June

The Farmers Bank of Lynchburg, Lynchburg, TN with approximately $163.9 million in total assets and $156.4 million in total deposits was closed. Clayton Bank and Trust has agreed to assume all deposits.
(PR-071-2012)

Security Exchange Bank, Marietta, GA with approximately $151.0 million in total assets and $147.9 million in total deposits was closed. Fidelity Bank has agreed to assume all deposits.
(PR-070-2012)

Putnam State Bank, Palatka, FL with approximately $169.5 million in total assets and $160.0 million in total deposits was closed. Harbor Community Bank has agreed to assume all deposits.
(PR-069-2012)

Waccamaw Bank, Whiteville, NC with approximately $533.1 million in total assets and $472.7million in total deposits was closed. First Community Bank has agreed to assume all deposits excluding certain brokered deposits.
(PR-067-2012)

Farmers' and Traders' State Bank, Shabbona, IL with approximately $43.1 million in total assets and $42.3 million in total deposits was closed. First State Bank has agreed to assume all deposits.
(PR-066-2012)

Carolina Federal Savings Bank, Charleston, SC with approximately $54.4 million in total assets and $53.1 million in total deposits was closed. Bank of North Carolina has agreed to assume all deposits.
(PR-065-2012)

First Capital Bank, Kingfisher, OK with approximately $46.1 million in total assets and $44.8 million in total deposits was closed. F & M Bank has agreed to assume all deposits.
(PR-064-2012)

May

Alabama Trust Bank, National Association, Sylacauga, AL with approximately $51.6 million in total assets and $45.1 million in total deposits was closed. Southern States Bank has agreed to assume all deposits excluding certain brokered deposits.
(PR-057-2012)

Security Bank, National Association, North Lauderdale, FL with approximately $101.0 million in total assets and $99.1 million in total deposits was closed. Banesco USA has agreed to assume all deposits.
(PR-052-2012)

April

Palm Desert National Bank, Palm Desert, CA with approximately $125.8 million in total assets and $122.8 million in total deposits was closed. Pacific Premier Bank has agreed to assume all deposits excluding certain brokered deposits.
(PR-050-2012)

Plantation Federal Bank, Pawleys Island, SC with approximately $486.4 million in total assets and $440.5 million in total deposits was closed. First Federal Bank has agreed to assume all deposits.
(PR-049-2012)

Inter Savings Bank, fsb D/B/A InterBank, fsb, Maple Grove, MN with approximately $481.6 million in total assets and $473.0 million in total deposits was closed. Great Southern Bank has agreed to assume all deposits.
(PR-048-2012)

HarVest Bank of Maryland, Gaithersburg, MD with approximately $164.3 million in total assets and $145.5 million in total deposits was closed. Sonabank has agreed to assume all deposits.
(PR-047-2012)

Bank of the Eastern Shore, Cambridge, MD with approximately $166.7 million in total assets and $154.5 million in total deposits was closed. To protect the insured depositors, the FDIC created the Deposit Insurance National Bank (DINB) of Eastern Shore, Cambridge, MD which will remain open until May 25, 2012.
(PR-046-2012)

Fort Lee Federal Savings Bank, FSB, Fort Lee, NJ with approximately $51.9 million in total assets and $50.7 million in total deposits was closed. Alma Bank has agreed to assume all deposits.
(PR-043-2012)

March

Fidelity Bank, Dearborn, MI with approximately $818.2 million in total assets and $747.6 million in total deposits was closed. The Huntington National Bank has agreed to assume all deposits.
(PR-038-2012)

Covenant Bank & Trust, Rock Spring, GA with approximately $95.7 million in total assets and $90.6 million in total deposits was closed. Stearns Bank, N.A. has agreed to assume all deposits.
(PR-032-2012)

New City Bank, Chicago, IL with approximately $71.2 million in total assets and $72.4 million in total deposits was closed. The FDIC has approved the payout of the insured deposits of New City Bank.
(PR-029-2012)

Global Commerce Bank, Doraville, GA with approximately $143.7 million in total assets and $116.8 million in total deposits was closed. Metro City Bank has agreed to assume all deposits.
(PR-025-2012)

February

Home Savings of America, Little Falls, MN with approximately $434.1 million in total assets and $432.2 million in total deposits was closed. The FDIC has approved the payout of the insured deposits of Home Savings of America.
(PR-022-2012)

Central Bank of Georgia, Ellaville, GA with approximately $278.9 million in total assets and $266.6 million in total deposits was closed. Ameris Bank has agreed to assume all deposits.
(PR-021-2012)

SCB Bank, Shelbyville, IN with approximately $182.6 million in total assets and $171.6 million in total deposits was closed. First Merchants Bank, National Association has agreed to assume all deposits excluding certain brokered deposits.
(PR-018-2012)

Charter National Bank and Trust, Hoffman Estates, IL with approximately $93.9 million in total assets and $89.5 million in total deposits was closed. Barrington Bank & Trust Company, National Association has agreed to assume all deposits.
(PR-017-2012)

January

BankEast, Knoxville, TN with approximately $272.6 million in total assets and $268.8 million in total deposits was closed. U.S. Bank National Association (N.A.) has agreed to assume all deposits.
(PR-013-2012)

Patriot Bank Minnesota, Forest Lake, MN with approximately $111.3 million in total assets and $108.3 million in total deposits was closed. First Resource Bank has agreed to assume all deposits.
(PR-012-2012)

Tennessee Commerce Bank, Franklin, TN with approximately $1.185 billion in total assets and $1.156 billion in total deposits was closed. Republic Bank & Trust Company has agreed to assume all deposits excluding certain brokered deposits.
(PR-011-2012)

First Guaranty Bank & Trust Company of Jacksonville, Jacksonville, FL with approximately $377.9 million in total assets and $349.5 million in total deposits was closed. CenterState Bank of Florida, National Association (N.A.) has agreed to assume all deposits excluding certain brokered deposits.
(PR-010-2012)

American Eagle Savings Bank, Boothwyn, PA with approximately $19.6 million in total assets and $17.7 million in total deposits was closed. Capital Bank, National Association (N.A.) has agreed to assume all deposits excluding certain brokered deposits.
(PR-007-2012)

The First State Bank, Stockbridge, GA with approximately $536.9 million in total assets and $527.5 million in total deposits was closed. Hamilton State Bank has agreed to assume all deposits excluding certain brokered deposits.
(PR-006-2012)

Central Florida State Bank, Belleview, FL with approximately $79.1 million in total assets and $77.7 million in total deposits was closed. CenterState Bank of Florida, National Association (N.A.) has agreed to assume all deposits excluding certain brokered deposits.
(PR-005-2012)


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Last Updated 01/02/2014 cservicefdicdal@fdic.gov