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Bank Failures

2009 in Brief

There were 140 bank failures in 2009. See detailed descriptions below.

For more bank failure information on a specific year, select a date from the drop down menu to the right or select a month within the graph.

2009 Summary by Month

(Approximate asset dollar volume based on figures from the press releases)

Months Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec Nov Nov Nov Nov Nov Nov Nov Nov Nov Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct Oct Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Sep Aug Aug Aug Aug Aug Aug Aug Aug Aug Aug Aug Aug Aug Aug Aug Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jul Jun Jun Jun Jun Jun Jun Jun Jun Jun May May May May May May May Apr Apr Apr Apr Apr Apr Apr Apr Mar Mar Mar Mar Mar Feb Feb Feb Feb Feb Feb Feb Feb Feb Feb Jan Jan Jan Jan Jan Jan
Bank Failures 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Approx. Asset (Millions) 40.30 49.60 511.10 168.60 874.00 170.00 203.00 12000.00 4000.00 585.50 6100.00 128.00 1800.00 1500.00 433.00 294.00 157.00 11200.00 79.70 728.00 14.90 27.70 134.40 2700.00 199.50 538.00 81.80 118.20 7792.20 212.80 111.00 256.70 56.30 83.00 327.40 279.00 190.00 65.50 4706.10 2335.30 326.20 108.00 775.00 3608.10 39.50 970.00 458.00 7000.00 72.00 493.00 2700.00 212.00 16.00 105.00 2000.00 345.60 124.00 13.40 167.00 97.00 209.00 1520.00 158.50 25000.00 617.00 452.00 1000.00 459.00 13000.00 143.00 463.00 70.00 36.00 61.40 70.00 1900.00 1500.00 166.00 275.00 166.00 1600.00 118.00 119.00 55.50 962.50 103.40 705.80 115.00 77.00 224.00 453.00 383.00 322.00 209.00 1200.00 970.00 199.40 156.90 221.60 456.00 80.00 214.00 87.60 377.00 334.60 537.00 4100.00 437.00 45.10 12800.00 299.40 492.00 1500.00 181.00 112.30 184.60 270.90 488.90 2000.00 669.80 123.50 297.00 173.00 956.00 131.40 1700.00 271.80 1140.00 232.90 337.00 73.00 539.00 238.30 129.80 360.00 430.90 446.50 803.30 292.90 223.50
December Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Citizens State Bank, New Baltimore, MI PR-235-2009 $168.6 $157.1 Deposit Insurance National Bank of New Baltimore, New Baltimore, MI has agreed to assume insured deposits.
First Federal Bank of California, F.S.B., Santa Monica, CA PR-239-2009 $6,100.0 $4,500.0 OneWest Bank, FSB, Pasadena, CA has agreed to assume all deposits.
Imperial Capital Bank, La Jolla, CA PR-238-2009 $4,000.0 $2,800.0 City National Bank, Los Angeles, CA has agreed to assume all deposits, excluding certain brokered deposits.
Independent Bankers' Bank, Springfield, IL, Springfield, IL PR-006-2010, PR-237-2009 $585.5 $511.5 The FDIC created a bridge bank, Independent Bankers' Bank Bridge Bank (IBB Bridge Bank, National Association), to take over operations.
New South Federal Savings Bank, Irondale, AL PR-236-2009 $1,500.0 $1,200.0 Beal Bank, Plano, TX has agreed to assume all deposits.
Peoples First Community Bank, Panama City, FL PR-234-2009 $1,800.0 $1,700.0 Hancock Bank, Gulfport, MS has agreed to assume all deposits, excluding certain brokered deposits.
RockBridge Commercial Bank, Atlanta, GA PR-233-2009 $294.0 $291.7 The FDIC has approved the payout of the insured deposits of RockBridge Commercial Bank.
Republic Federal Bank, N.A., Miami, FL PR-225-2009 $433.0 $352.7 1st United Bank, Boca Raton, FL has agreed to assume all deposits, excluding certain brokered deposits.
SolutionsBank, Overland Park, KS PR-227-2009 $511.1 $421.3 Arvest Bank, Fayetteville, AR has agreed to assume all deposits, excluding certain brokered deposits.
Valley Capital Bank, N.A., Mesa, AZ PR-226-2009 $40.3 $41.3 Enterprise Bank & Trust, Clayton, MO has agreed to assume all deposits.
AmTrust Bank, Cleveland, OH PR-222-2009 $12,000.0 $8,000.0 New York Community Bank, Westbury, NY has agreed to assume all deposits.
Benchmark Bank, Aurora, IL PR-223-2009 $170.0 $181.0 MB Financial Bank, National Association, Chicago, IL has agreed to assume all deposits, excluding certain brokered deposits.
First Security National Bank, Norcross, GA PR-220-2009 $128.0 $123.0 State Bank and Trust Company, Macon, GA has agreed to assume all deposits, excluding certain brokered deposits.
Greater Atlantic Bank, Reston, VA PR-224-2009 $203.0 $179.0 Sonabank, McLean, VA has agreed to assume all deposits.
The Buckhead Community Bank, Atlanta, GA PR-219-2009 $874.0 $838.0 State Bank and Trust Company, Macon, GA has agreed to assume all deposits, excluding certain brokered deposits.
The Tattnall Bank, Reidsville, GA PR-221-2009 $49.6 $47.3 HeritageBank of the South, Albany, GA has agreed to assume all deposits, excluding certain brokered deposits.
November Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Commerce Bank of Southwest Florida, Fort Myers, FL PR-211-2009 $79.7 $76.7 Central Bank, Stillwater, MN has agreed to assume all deposits, excluding certain brokered deposits.
Century Bank, F.S.B., Sarasota, FL PR-205-2009 $728.0 $631.0 IBERIABANK, Lafayette, LA has agreed to assume all deposits, excluding certain brokered deposits.
Orion Bank, Naples, FL PR-206-2009 $2,700.0 $2,100.0 IBERIABANK, Lafayette, LA has agreed to assume all deposits, excluding certain brokered deposits.
Pacific Coast National Bank, San Clemente, CA PR-207-2009 $134.4 $130.9 Sunwest Bank, Tustin, CA has agreed to assume all deposits, excluding certain brokered deposits.
Gateway Bank of St. Louis, St. Louis, MO PR-200-2009 $27.7 $27.9 Central Bank of Kansas City, Kansas City, MO has agreed to assume all deposits.
Home Federal Savings Bank, Detroit, MI PR-198-2009 $14.9 $12.8 Liberty Bank and Trust Company, New Orleans, LA has agreed to assume all deposits.
Prosperan Bank, Oakdale, MN PR-199-2009 $199.5 $175.6 Alerus Financial, National Association, Grand Forks, ND has agreed to assume all deposits, excluding certain brokered deposits.
United Commercial Bank, San Francisco, CA PR-201-2009 $11,200.0 $7,500.0 East West Bank, Pasadena, CA has agreed to assume all deposits, excluding certain brokered deposits.
United Security Bank, Sparta, GA PR-197-2009 $157.0 $150.0

Ameris Bank, Moultrie, GA has agreed to assume all deposits, excluding certain brokered deposits.

October Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Bank USA, N.A., Phoenix, AZ PR-195-2009 $212.8 $117.1 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
California National Bank, Los Angeles, CA PR-195-2009 $7,792.2 $6,160.4 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
Citizens National Bank, Teague, TX PR-195-2009 $118.2 $97.7 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
Community Bank of Lemont, Lemont, IL PR-195-2009 $81.8 $81.2 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
Madisonville State Bank, Madisonville, TX PR-195-2009 $256.7 $225.2 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
North Houston Bank, Houston, TX PR-195-2009 $326.2 $308.0 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
Pacific National Bank, San Francisco, CA PR-195-2009 $2,335.3 $1,762.8 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
Park National Bank, Chicago, IL PR-195-2009 $4,706.1 $3,730.9 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
San Diego National Bank, San Diego, CA PR-195-2009 $3,608.1 $2,892.4 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
American United Bank, Lawrenceville, GA PR-187-2009 $111.0 $101.0 Ameris Bank, Moultrie, GA has agreed to assume all deposits.
Bank of Elmwood, Racine, WI PR-190-2009 $327.4 $273.2 Tri City National Bank, Oak Creek, WI has agreed to assume all deposits, excluding certain brokered deposits.
First DuPage Bank, Westmont, IL PR-192-2009 $279.0 $254.0 First Midwest Bank, Itasca, IL has agreed to assume all deposits, excluding certain brokered deposits.
Flagship National Bank, Bradenton, FL PR-189-2009 $190.0 $175.0 First Federal Bank of Florida, Lake City, FL has agreed to assume all deposits.
Hillcrest Bank Florida, Naples, FL PR-188-2009 $83.0 $84.0 Stonegate Bank, Fort Lauderdale, FL has agreed to assume all deposits, excluding certain brokered deposits.
Partners Bank, Naples, FL PR-186-2009 $65.5 $64.9 Stonegate Bank, Fort Lauderdale, FL has agreed to assume all deposits.
Riverview Community Bank, Otsego, MN PR-191-2009 $108.0 $80.0 Central Bank, Stillwater, MN has agreed to assume all deposits.
San Joaquin Bank, Bakersfield, CA PR-185-2009 $775.0 $631.0 Citizens Business Bank, Ontario, CA has agreed to assume all deposits, excluding certain brokered deposits.
Jennings State Bank, Spring Grove, MN PR-180-2009 $56.3 $52.4 Central Bank, Stillwater, MN has agreed to assume all deposits.
Southern Colorado National Bank, Pueblo, CO PR-181-2009 $39.5 $31.9 Legacy Bank, Wiley, CO has agreed to assume all deposits.
Warren Bank, Warren, MI PR-179-2009 $538.0 $501.0 The Huntington National Bank, Columbus, OH has agreed to assume all deposits, excluding certain brokered deposits.
September Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Georgian Bank, Atlanta, GA PR-177-2009 $2,000.0 $2,000.0 First Citizens Bank and Trust Company, Inc., Columbia, SC has agreed to assume all deposits, excluding certain brokered deposits.
Irwin Union Bank and Trust Company, Columbus, IN PR-174-2009 $2,700.0 $2,100.0 First Financial Bank, National Association, Hamilton, OH has agreed to assume all deposits.
Irwin Union Bank, F.S.B., Louisville, KY PR-174-2009 $493.0 $441.0 First Financial Bank, National Association, Hamilton, OH has agreed to assume all deposits.
Brickwell Community Bank, Woodbury, MN PR-169-2009 $72.0 $63.0 CorTrust Bank National Association, Mitchell, SD has agreed to assume all deposits, excluding certain brokered deposits.
Corus Bank, N.A., Chicago, IL PR-168-2009 $7,000.0 $7,000.0 MB Financial Bank, National Association, Chicago, IL has agreed to assume all deposits, excluding certain brokered deposits.
Venture Bank, Lacey, WA PR-170-2009 $970.0 $903.0 First-Citizens Bank & Trust Company, Raleigh, NC has agreed to assume all deposits, excluding certain brokered deposits.
First Bank of Kansas City, Kansas City, MO PR-161-2009 $16.0 $15.0 Great American Bank, De Soto, KS has agreed to assume all deposits.
First State Bank, Flagstaff, AZ PR-165-2009 $105.0 $95.0 Sunwest Bank, Tustin, CA has agreed to assume all deposits, excluding certain brokered deposits.
InBank, Oak Forest, IL PR-162-2009 $212.0 $199.0 MB Financial Bank, National Association, Chicago, IL has agreed to assume all deposits, excluding certain brokered deposits.
Platinum Community Bank, Rolling Meadows, IL PR-164-2009 $345.6 $305.0 The FDIC has approved the payout of the insured deposits Platinum Community Bank.
Vantus Bank, Sioux City, IA PR-163-2009 $458.0 $368.0 Great Southern Bank, Springfield, MO has agreed to assume all deposits.
August Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Affinity Bank, Ventura, CA PR-157-2009 $1,000.0 $922.0 Pacific Western Bank, San Diego, CA has agreed to assume all deposits, excluding certain brokered deposits.
Bradford Bank, Baltimore, MD PR-155-2009 $452.0 $383.0 Manufacturers and Traders Trust Company, Buffalo, NY has agreed to assume all deposits.
Mainstreet Bank, Forest Lake, MN PR-156-2009 $459.0 $434.0 Central Bank, Stillwater, MN has agreed to assume all deposits, excluding certain brokered deposits.
CapitalSouth Bank, Birmingham, AL PR-149-2009 $617.0 $546.0 IBERIABANK, Lafayette, LA has agreed to assume all deposits, excluding certain brokered deposits.
ebank, Atlanta, GA PR-147-2009 $143.0 $130.0 Stearns Bank National Association, St. Cloud, MN, has agreed to assume all deposits.
First Coweta Bank, Newnan, GA PR-148-2009 $167.0 $155.0 United Bank, Zebulon, GA, has agreed to assume all deposits, excluding certain brokered deposits.
Guaranty Bank, Austin, TX PR-150-2009 $13,000.0 $12,000.0 BBVA Compass, Birmingham, AL has agreed to assume all deposits, excluding certain brokered deposits.
Colonial Bank, Montgomery, AL PR-143-2009 $25,000.0 $20,000.0 Branch Banking and Trust Company (BB&T), Winston-Salem, NC, has agreed to assume all deposits.
Community Bank of Arizona, Phoenix, AZ PR-145-2009 $158.5 $143.8 MidFirst Bank, Oklahoma City, OK, has agreed to assume all deposits, excluding certain brokered deposits (approximately $143.8 million).
Community Bank of Nevada, Las Vegas, NV PR-146-2009 $1,520.0 $1,380.0 The FDIC has created the Deposit Insurance National Bank of Las Vegas, NV ("DINB of Las Vegas") to facilitate the resolution of Community Bank of Nevada, Las Vegas, NV.
Dwelling House Savings and Loan Association, Pittsburgh, PA PR-142-2009 $13.4 $13.8 PNC Bank, National Association, Pittsburgh, PA has agreed to assume all deposits.
Union Bank, National Association, Gilbert, AZ PR-144-2009 $124.0 $112.0 MidFirst Bank, Oklahoma City, OK, has agreed to assume all non-brokered deposits.
Community First Bank, Prineville, OR PR-141-2009 $209.0 $182.0 Home Federal Bank, Nampa, ID, has agreed to assume all deposits, excluding certain brokered deposits.
Community National Bank of Sarasota County, Venice, FL PR-140-2009 $97.0 $93.0 Stearns Bank National Association, St. Cloud, MN, has agreed to assume all deposits.
First State Bank, Sarasota, FL PR-139-2009 $463.0 $387.0 Stearns Bank National Association, St. Cloud, MN, has agreed to assume all deposits, excluding certain brokered deposits.
July Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
First BankAmericano, Elizabeth, NJ PR-136-2009 $166.0 $157.0 Crown Bank, Brick, NJ, has agreed to assume all deposits.
First State Bank of Altus, Altus, OK PR-133-2009 $103.4 $98.2 Herring Bank, Amarillo, TX, has agreed to assume all deposits.
Integrity Bank, Jupiter, FL PR-134-2009 $119.0 $102.0 Stonegate Bank, Fort Lauderdale, FL, has agreed to assume all deposits, excluding certain brokered deposits.
Mutual Bank, Harvey, IL PR-137-2009 $1,600.0 $1,600.0 United Central Bank, Garland, TX, has agreed to assume all deposits.
Peoples Community Bank, West Chester, OH PR-135-2009 $705.8 $598.2 First Financial Bank, National Association, Hamilton, OH, has agreed to assume all deposits, excluding certain brokered deposits.
Security Bank of Bibb County, Macon, GA PR-130-2009 $1,200.0 $1,000.0 State Bank and Trust Company, Pinehurst, GA, has agreed to assume all deposits.
Security Bank of Gwinnett County, Suwanee, GA PR-130-2009 $322.0 $292.0 State Bank and Trust Company, Pinehurst, GA, has agreed to assume all deposits.
Security Bank of Houston County, Perry, GA PR-130-2009 $383.0 $320.0 State Bank and Trust Company, Pinehurst, GA, has agreed to assume all deposits.
Security Bank of Jones County, Gray, GA PR-130-2009 $453.0 $387.0 State Bank and Trust Company, Pinehurst, GA, has agreed to assume all deposits.
Security Bank of North Fulton, Alpharetta, GA PR-130-2009 $209.0 $191.0 State Bank and Trust Company, Pinehurst, GA, has agreed to assume all deposits.
Security Bank of North Metro, Woodstock, GA PR-130-2009 $224.0 $212.0 State Bank and Trust Company, Pinehurst, GA, has agreed to assume all deposits.
Waterford Village Bank, Williamsville, NY PR-129-2009 $61.4 $58.0 Evans Bank, National Association, Angola, NY, has agreed to assume all deposits.
BankFirst, Sioux Falls, SD PR-124-2009 $275.0 $254.0 Alerus Financial, National Association, Grand Forks, ND, has agreed to assume all deposits.
First Piedmont Bank, Winder, GA PR-123-2009 $115.0 $109.0 First American Bank and Trust Company, Athens, GA, has agreed to assume all deposits.
Temecula Valley Bank, Temecula, CA PR-126-2009 $1,500.0 $1,300.0 First-Citizens Bank & Trust Company, Raleigh, North Carolina, has agreed to assume all deposits, excluding certain brokered deposits.
Vineyard Bank, Rancho Cucamonga, CA PR-125-2009 $1,900.0 $1,600.0 California Bank & Trust, San Diego, CA, has agreed to assume all deposits, excluding certain brokered deposits.
Bank of Wyoming, Thermopolis, WY PR-122-2009 $70.0 $67.0 Central Bank & Trust, Lander, WY, has agreed to assume all deposits, excluding certain brokered deposits.
First National Bank of Danville, Danville, IL PR-117-2009 $166.0 $147.0 First Financial Bank, National Association, Terre Haute, Indiana, has agreed to assume all deposits.
First State Bank of Winchester, Winchester, IL PR-114-2009 $36.0 $34.0 The First National Bank of Beardstown, Beardstown, IL, has agreed to assume all deposits.
Founders Bank, Worth, IL PR-119-2009 $962.5 $848.9 The PrivateBank and Trust Company, Chicago, IL, has agreed to assume all deposits.
John Warner Bank, Clinton, IL PR-113-2009 $70.0 $64.0 State Bank of Lincoln, Lincoln, IL, has agreed to assume all deposits.
Millennium State Bank of Texas, Dallas, TX PR-118-2009 $118.0 $115.0 State Bank of Texas, Irving, Texas, has agreed to assume all deposits.
Rock River Bank, Oregon, IL PR-115-2009 $77.0 $75.8 The Harvard State Bank, Harvard, Illinois, has agreed to assume all deposits.
The Elizabeth State Bank, Elizabeth, IL PR-116-2009 $55.5 $50.4 Galena State Bank and Trust Company, Galena, IL, has agreed to assume all deposits.
June Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Community Bank of West Georgia, Villa Rica, GA PR-101-2009 $199.4 $182.5 The FDIC has approved the payout of the insured deposits of Community Bank of West Georgia.
Horizon Bank, Pine City, MN PR-103-2009 $87.6 $69.4 Stearns Bank National Association, St. Cloud, Minnesota, has agreed to assume all deposits, excluding certain brokered deposits.
MetroPacific Bank, Irvine, CA PR-104-2009 $80.0 $73.0 Sunwest Bank, Tustin, CA, has agreed to assume all non-brokered deposits.
Mirae Bank, Los Angeles, CA PR-105-2009 $456.0 $362.0 Wilshire State Bank, Los Angeles, CA, has agreed to assume all deposits.
Neighborhood Community Bank, Newnan, GA PR-102-2009 $221.6 $191.3 CharterBank, West Point, GA, has agreed to assume all deposits.
Cooperative Bank, Wilmington, NC PR-95-2009 $970.0 $774.0 First Bank, Troy, NC, has agreed to assume all deposits, excluding certain brokered deposits.
First National Bank of Anthony, Anthony, KS PR-96-2009 $156.9 $142.5 Bank of Kansas, South Hutchinson, Kansas, has agreed to assume all deposits.
Southern Community Bank, Fayetteville, GA PR-94-2009 $377.0 $307.0 United Community Bank, Blairsville, GA, has agreed to assume all deposits.
Bank of Lincolnwood, Lincolnwood, IL PR-86-2009 $214.0 $202.0 Republic Bank of Chicago, Oak Brook, Illinois, has agreed to assume all deposits.
May Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Citizens National Bank, Macomb, IL PR-76-2009 $437.0 $400.0 Morton Community Bank, Morton, IL, has agreed to assume all non-brokered deposits.
Strategic Capital Bank, Champaign, IL PR-75-2009 $537.0 $471.0 Midland States Bank, Effingham, IL, has agreed to assume all deposits.
BankUnited, FSB, Coral Gables, FL PR-72-2009 $12,800.0 $8,600.0 BankUnited, Coral Gables, FL, has agreed to assume all deposits.
Westsound Bank, Bremerton, WA PR-69-2009 $334.6 $304.5 Kitsap Bank, Port Orchard, WA, has agreed to assume all non-brokered deposits.
America West Bank, Layton, UT PR-63-2009 $299.4 $284.1 Cache Valley Bank, Logan, Utah, has agreed to assume all deposits.
Citizens Community Bank, Ridgewood, NJ PR-62-2009 $45.1 $43.7 North Jersey Community Bank, Englewood Cliffs, NJ, has agreed to assume all deposits.
Silverton Bank, NA, Atlanta, GA PR-61-2009 $4,100.0 $3,300.0 The FDIC created a bridge bank, Silverton Bridge Bank, National Association, to take over operations.
April Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
American Southern Bank, Kennesaw, GA PR-57-2009 $112.3 $104.3 Bank of North Georgia, Alpharetta, GA, has agreed to assume all non-brokered deposits.
First Bank of Beverly Hills, Calabasas, CA PR-59-2009 $1,500.0 $1,000.0 The FDIC has approved the payout of the insured deposits of First Bank of Beverly Hills.
First Bank of Idaho, Ketchum, ID PR-60-2009 $488.9 $374.0 U.S. Bank, National Association, Minneapolis, MN, has agreed to assume all non-brokered deposits.
Michigan Heritage Bank, Farmington Hills, MI PR-58-2009 $184.6 $151.7 Level One Bank, Farmington Hills, MI, has agreed to assume all deposits.
American Sterling Bank, Sugar Creek, MO PR-54-2009 $181.0 $171.9 Metcalf Bank, Lee's Summit, Missouri, has agreed to assume all deposits.
Great Basin Bank of Nevada, Elko, NV PR-55-2009 $270.9 $221.4 Nevada State Bank, Las Vegas, NV, has agreed to assume all deposits.
Cape Fear Bank, Wilmington, NC PR-52-2009 $492.0 $403.0 First Federal Savings and Loan Association, Charleston, South Carolina, has agreed to assume all deposits, excluding certain brokered deposits.
New Frontier Bank, Greeley, CO PR-53-2009 $2,000.0 $1,500.0 Deposit Insurance National Bank of Greeley, Greeley, Colorado has agreed to assume the non-brokered insured deposits.
March Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Omni National Bank, Atlanta, GA PR-50-2009 $956.0 $796.8 SunTrust Bank, Atlanta, GA has agreed to assume the non-brokered insured deposits.
Colorado National Bank, Colorado Springs, CO PR-45-2009 $123.5 $82.7 Herring Bank, Amarillo, TX has agreed to assume all deposits.
FirstCity Bank, Stockbridge, GA PR-44-2009 $297.0 $278.0 The FDIC has approved the payout of the insured deposits of FirstCity Bank.
TeamBank, NA, Paola, KS PR-46-2009 $669.8 $492.8 Great Southern Bank, Springfield, Missouri, has agreed to assume all deposits.
Freedom Bank of Georgia, Commerce, GA PR-37-2009 $173.0 $161.0 Northeast Georgia Bank, Lavonia, Georgia has agreed to assume all deposits.
February Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Heritage Community Bank, Glenwood, IL PR-31-2009 $232.9 $218.6 The MB Financial Bank, National Association, Chicago, Illinois has agreed to assume all deposits.
Security Savings Bank, Henderson, NV PR-32-2009 $238.3 $175.2 Bank of Nevada, Las Vegas, NV has agreed to assume all non-brokered deposits.
Silver Falls Bank, Silverton, OR PR-24-2009 $131.4 $116.3 Citizens Bank, Corvallis, Oregon has agreed to assume all deposits.
Corn Belt Bank & Trust Co., Pittsfield, IL PR-22-2009 $271.8 $234.4 The Carlinville National Bank, Carlinville, Illinois has agreed to assume all non-brokered deposits.
Pinnacle Bank of Oregon, Beaverton, OR PR-23-2009 $73.0 $64.0 Washington Trust Bank, Spokane, WA has agreed to assume all deposits.
Riverside Bank of the Gulf Coast, Cape Coral, FL PR-21-2009 $539.0 $424.0 TIB Bank, Naples, Florida has agreed to assume all non-brokered deposits.
Sherman County Bank, Loup City, NE PR-20-2009 $129.8 $85.1 Heritage Bank, Wood River, NE has agreed to assume all deposits.
Alliance Bank, Culver City, CA PR-18-2009 $1,140.0 $951.0 California Bank & Trust, San Diego, California has agreed to assume all deposits.
County Bank, Merced, CA PR-19-2009 $1,700.0 $1,300.0 Westamerica Bank, San Rafael, CA has agreed to assume all deposits.
FirstBank Financial Services, McDonough, GA PR-17-2009 $337.0 $279.0 Regions Bank, Birmingham, Alabama has agreed to assume all deposits.
January Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
MagnetBank, Salt Lake City, UT PR-12-2009 $292.9 $282.8 The FDIC has approved the payout of the insured deposits of MagnetBank.
Ocala National Bank, Ocala, FL PR-14-2009 $223.5 $205.2 CenterState Bank of Florida, Winter Haven, FL has agreed to assume all non-brokered deposits.
Suburban FSB, Crofton, MD PR-13-2009 $360.0 $302.0 Bank of Essex, Tappahannock, VA has agreed to assume all deposits.
1st Centennial Bank, Redlands, CA PR-7-2009 $803.3 $676.9 First California Bank, Westlake Village, CA has agreed to assume the non-brokered insured deposits.
Bank of Clark County, Vancouver, WA PR-6-2009 $446.5 $366.5 Umpqua Bank, Roseburg, Oregon has agreed to assume the non-brokered insured deposits.
National Bank of Commerce, Berkeley, IL PR-5-2009 $430.9 $402.1 In addition to assuming all of the failed bank's deposits, Republic Bank of Chicago, Oak Brook, IL agreed to pay a discount of $44.9 million, and will purchase approximately $366.6 million of assets. The FDIC will retain the remaining assets for later disposition.