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Tilted Cat Head
Administrator
Location: Manhattan, NY
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While you may think that most banks are okay, many are not. Just look at how many per year have been going under these past few years.
2008 2007 2006 2005 2004 2003 2002 2001
Quote:
View: Bank Failures & Assistance
Source: Fdic
posted with the TFP thread generator
Bank Failures & Assistance
2009
The list of Bank Failures and Assistance Transactions is updated through March 20, 2009. Please address questions on this subject to the Customer Service Hotline (telephone: 888-206-4662).
March
TeamBank, National Association, Paola, Kansas, with approximately $669.8 million in assets, was closed. Great Southern Bank, Springfield, Missouri, has agreed to assume all deposits (approximately $492.8 million). (PR-46-2009)
Colorado National Bank, Colorado Springs, Colorado, with approximately $123.5 million in assets, was closed. Herring Bank, Amarillo, Texas has agreed to assume all deposits (approximately $82.7 million). (PR-45-2009)
FirstCity Bank, Stockbridge, Georgia, with approximately $297.0 million in assets and approximately $278.0 million in deposits was approved for payout by the FDIC Board of Directors. (PR-44-2009)
Freedom Bank of Georgia, Commerce, Georgia, with approximately $173.0 million in assets and approximately $161.0 million in deposits, was closed. Northeast Georgia Bank, Lavonia, Georgia has agreed to assume all deposits. (PR-37-2009)
February
Security Savings Bank, Henderson, Nevada, with approximately $238.3 million in assets, was closed. Bank of Nevada, Las Vegas, NV has agreed to assume all non-brokered deposits (approximately $175.2 million). (PR-32-2009)
Heritage Community Bank, Glenwood, Illinois, with approximately $232.9 million in assets, was closed. The MB Financial Bank, National Association, Chicago, Illinois has agreed to assume all deposits (approximately $218.6 million). (PR-31-2009)
Silver Falls Bank, Silverton, Oregon, with approximately $131.4 million in assets was closed. Citizens Bank, Corvallis, Oregon has agreed to assume all deposits (approximately $116.3 million). (PR-24-2009)
Pinnacle Bank of Oregon, Beaverton, Oregon, with approximately $73.0 million in assets was closed. Washington Trust Bank, Spokane, Washington has agreed to assume all deposits (approximately $64.0 million). (PR-23-2009)
Corn Belt Bank and Trust Company, Pittsfield, Illinois, with approximately $271.8 million in assets and approximately $234.4 million in deposits, was closed. The Carlinville National Bank, Carlinville, Illinois has agreed to assume all non-brokered deposits. (PR-22-2009)
Riverside Bank of the Gulf Coast, Cape Coral, Florida, with approximately $539.0 million in assets and approximately $424.0 million in deposits, was closed. TIB Bank, Naples, Florida has agreed to assume all non-brokered deposits. (PR-21-2009)
Sherman County Bank, Loup City, Nebraska, with approximately $129.8 million in assets was closed. Heritage Bank, Wood River, Nebraska has agreed to assume all deposits (approximately $85.1 million). (PR-20-2009)
County Bank, Merced, California, with approximately $1.7 billion in assets was closed. Westamerica Bank, San Rafael, California has agreed to assume all deposits (approximately $1.3 billion). (PR-19-2009)
Alliance Bank, Culver City, California, with approximately $1.14 billion in assets and approximately $951.0 million in deposits was closed. California Bank & Trust, San Diego, California has agreed to assume all deposits. (PR-18-2009)
FirstBank Financial Services, McDonough, Georgia, with approximately $337.0 million in assets was closed. Regions Bank, Birmingham, Alabama has agreed to assume all deposits (approximately $279.0 million). (PR-17-2009)
January
Ocala National Bank, Ocala, Florida, with approximately $223.5 million in assets and approximately $205.2 million in deposits, was closed. CenterState Bank of Florida, Winter Haven, Florida has agreed to assume all non-brokered deposits. (PR-14-2009)
Suburban Federal Savings Bank, Crofton, Maryland, with approximately $360.0 million in assets was closed. Bank of Essex, Tappahannock, Virginia has agreed to assume all deposits (approximately $302.0 million). (PR-13-2009)
MagnetBank, Salt Lake City, Utah, with approximately $292.2 million in assets and approximately $282.8 million in deposits was approved for payout by the FDIC Board of Directors. (PR-12-2009)
1st Centennial Bank, Redlands, California, with approximately $803.3 million in assets and approximately $676.9 million in deposits was closed. First California Bank, Westlake Village, California has agreed to assume the non-brokered insured deposits. (PR-7-2009)
Bank of Clark County, Vancouver, Washington, with approximately $446.5 million in assets and approximately $366.5 million in deposits was closed. Umpqua Bank, Roseburg, Oregon has agreed to assume the non-brokered insured deposits. (PR-6-2009)
National Bank of Commerce, Berkeley, Illinois, with approximately $430.9 million in total assets and $402.1 million in total deposits, was closed. In addition to assuming all of the failed bank's deposits, Republic Bank of Chicago, Oak Brook, Illinois 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. (PR-5-2009)
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__________________
I don't care if you are black, white, purple, green, Chinese, Japanese, Korean, hippie, cop, bum, admin, user, English, Irish, French, Catholic, Protestant, Jewish, Buddhist, Muslim, indian, cowboy, tall, short, fat, skinny, emo, punk, mod, rocker, straight, gay, lesbian, jock, nerd, geek, Democrat, Republican, Libertarian, Independent, driver, pedestrian, or bicyclist, either you're an asshole or you're not.
Last edited by Cynthetiq; 03-25-2009 at 07:01 AM..
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