Bank Failures in Brief
2013
The list of Bank Failures in Brief is updated through April 26, 2013. Please address questions on this subject to the Customer Service Hotline (Telephone: 1-888-206-4662).
May
- Central Arizona Bank, Scottsdale, AZ with approximately $31.6 million in total assets and $30.8 million in total deposits was closed. Western State Bank has agreed to assume all deposits.
(PR-040-2013) - Sunrise Bank, Valdosta, GA with approximately $60.8 million in total assets and $57.8 million in total deposits was closed. Synovus Bank has agreed to assume all deposits.
(PR-038-2013) - Pisgah Community Bank, Asheville, NC with approximately $21.9 million in total assets and $21.2 million in total deposits was closed. Capital Bank, N.A. has agreed to assume all deposits.
(PR-037-2013)
April
- Douglas County Bank, Douglasville, GA with approximately $316.5 million in total assets and $314.3 million in total deposits was closed. Hamilton State Bank has agreed to assume all deposits.
(PR-034-2013) - Parkway Bank, Lenoir, NC with approximately $108.6 million in total assets and $103.7 million in total deposits was closed. CertusBank, N.A. has agreed to assume all deposits.
(PR-033-2013) - Chipola Community Bank, Marianna, FL with approximately $39.2 million in total assets and $37.6 million in total deposits was closed. First Federal Bank of Florida has agreed to assume all deposits.
(PR-030-2013) - Heritage Bank of North Florida, Orange Park, FL with approximately $110.9 million in total assets and $108.5 million in total deposits was closed. FirstAtlantic Bank has agreed to assume all deposits.
(PR-029-2013) - First Federal Bank, Lexington, KY with approximately $100.1 million in total assets and $93.9 million in total deposits was closed. Your Community Bank has agreed to assume all deposits.
(PR-028-2013) - Gold Canyon Bank, Gold Canyon, AZ with approximately $45.2 million in total assets and $44.2 million in total deposits was closed. First Scottsdale Bank, National Association, has agreed to assume all deposits.
(PR-026-2013)
March
- Frontier Bank, LaGrange, GA with approximately $258.8 million in total assets and $224.1 million in total deposits was closed. HeritageBank of the South has agreed to assume all deposits.
(PR-018-2013)
February
- Covenant Bank, Chicago, IL with approximately $58.4 million in total assets and $54.2 million in total deposits was closed. Liberty Bank and Trust Company has agreed to assume all deposits excluding certain brokered deposits.
(PR-010-2013)
January
- 1st Regents Bank, Andover, MN with approximately $50.2 million in total assets and $49.1 million in total deposits was closed. First Minnesota Bank has agreed to assume all deposits.
(PR-005-2013) - Westside Community Bank, University Place, WA with approximately $97.7 million in total assets and $96.5 million in total deposits was closed. Sunwest Bank has agreed to assume all deposits.
(PR-002-2013)