Bank Failure - 2009 Bank Failure List

In 2009, there were 140 bank failures with assets totaling $170.9 billion and at a cost to the FDIC's DIF of $36.43 billion, the five largest bank failures being BankUnited with $12.8 billion in assets, Colonial Bank with $25 billion in assets, Guaranty Bank with $13 billion in assets, United Commercial Bank with $11.2 billion in assets, and AmTrust Bank with $12 billion in assets

In 2008, there were 25 bank failures with assets totaling $373.6 billion. Washington Mutual Bank, which failed Feb 2008 and with assets totaling $307 billion, is by far the largest US bank failure in recent history.

Compare Bank CD Rates: CD Rates
Compare Mortgage Rates: Mortgage Rates
Failed Bank Name Closing Date of Failed Bank Deposits Transferred to Total Assets of Failed Bank Total Deposits of Failed Bank
First Federal Bank of California, F.S.B., Santa Monica, CA
December 18, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with OneWest Bank, FSB, Pasadena, California
$6.1 billion
$4.5 billion
Imperial Capital Bank, La Jolla, CA
December 18, 2009
 Closed by California Department of Financial Institutions, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with City National Bank, Los Angeles, California
$4.0 billion
$2.8 billion
Independent Bankers' Bank, Springfield, IL
December 18, 2009
 Closed by Illinois Department of Financial and Professional Regulation—Division of Banking, and FDIC named Receiver. FDIC created a bridge bank, Independent Bankers' Bank Bridge Bank, National Association, to take over the operations of Independent Bankers' Bank
$585.5 million
$511.5 million
New South Federal Savings Bank, Irondale, AL
December 18, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Beal Bank, Plano, Texas
$1.5 billion
$1.2 billion
Citizens State Bank, New Baltimore, MI
December 18, 2009
 Closed by Michigan Office of Financial and Insurance Regulation, and FDIC named Receiver. FDIC created the Deposit Insurance National Bank of New Baltimore (DINB), which will remain open 45 days to allow depositors access to their insured deposits
$168.6 million
$157.1 million
Peoples First Community Bank, Panama City, FL
December 18, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Hancock Bank, Gulfport, Mississippi
$1.8 billion
$1.7 billion
RockBridge Commercial Bank, Atlanta, GA
December 18, 2009
 Closed by Georgia Department of Banking and Finance, and FDIC named Receiver. FDIC was unable to find another financial institution to take over operations of RockBridge Commercial Bank
$294.0 million
$291.7 million
SolutionsBank, Overland Park, KS
December 11, 2009
 Closed by Office of the State Bank Commissioner of Kansas, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Arvest Bank, Fayetteville, Arkansas
$511.1 million
$421.3 million
Valley Capital Bank, N.A., Mesa, AZ
December 11, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Enterprise Bank & Trust, Clayton, Missouri
$40.3 million
$41.3 million
Republic Federal Bank, N.A., Miami, FL
December 11, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with United Bank, Boca Raton, Florida
$433.0 million
$352.7 million
Greater Atlantic Bank, Reston, VA
December 04, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Sonabank, McLean, Virginia
$203.0 million
$179.0 million
Benchmark Bank, Aurora, IL
December 04, 2009
 Closed by Illinois Department of Financial and Professional Regulation, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with MB Financial Bank, National Association, Chicago Illinois
$170.0 million
$181.0 million
AmTrust Bank, Cleveland, OH
December 04, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with New York Community Bank, Westbury, New York
$12.0 billion
$8.0 billion
The Tattnall Bank, Reidsville, GA
December 04, 2009
 Closed by Georgia Department of Banking and Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with HeritageBank of the South, Albany, Georgia
$49.6 million
$47.3 million
First Security National Bank, Norcross, GA
December 04, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with State Bank and Trust Company, Macon, Georgia
$128.0 million
$123.0 million
The Buckhead Community Bank, Atlanta, GA
December 04, 2009
 Closed by Georgia Department of Banking and Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with State Bank and Trust Company, Macon, Georgia
$874.0 million
$838.0 million
Commerce Bank of Southwest Florida, Fort Myers, FL
November 20, 2009
 Closed by Florida Office of Financial Regulation, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Central Bank, Stillwater, Minnesota.
$79.7 million
$76.7 million
Pacific Coast National Bank, San Clemente, CA
November 13, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Sunwest Bank, Tustin, California.
$134.4 million
$130.9 million
Orion Bank, Naples, FL
November 13, 2009
 Closed by Florida Office of Financial Regulation, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with IBERIABANK, Lafayette, Louisiana.
$2.7 billion
$2.1 billion
Century Bank, F.S.B., Sarasota, FL
November 13, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with IBERIABANK, Lafayette, Louisiana.
$728 million
$631 million
United Commercial Bank, San Francisco, CA
November 6, 2009
 Closed by California Department of Financial Institutions, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with East West Bank, Pasadena, California to assume all of the deposits of United Commercial Bank including the Hong Kong branch, and the subsidiary headquartered in Shanghai (UCB-China).
$11.2 billion
$7.5 billion
Gateway Bank of St. Louis, St. Louis, MO
November 6, 2009
 Closed by Missouri Division of Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Central Bank of Kansas City
$27.7 million
$27.9 million
Prosperan Bank, Oakdale, MN
November 6, 2009
 Closed by Minnesota Department of Commerce, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Alerus Financial, National Association, Grand Forks, North Dakota,
$199.5 million
$175.6 million
Home Federal Savings Bank, Detroit, MI
November 6, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Liberty Bank and Trust Company, New Orleans, Louisiana
$14.9 million
$12.8 million
United Security Bank, Sparta, GA
November 6, 2009
 Closed by Georgia Department of Banking and Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Ameris Bank, Moultrie, Georgia
$157 million
$150 million
North Houston Bank, Houston, TX
October 30, 2009
 Closed by Texas Department of Banking, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of the assets of nine banks that failed October 30, 2009
$326.2 million
$308 million
Madisonville State Bank, Madisonville, TX
October 30, 2009
 Closed by Texas Department of Banking, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of the assets of nine banks that failed October 30, 2009
$256.7 million
$225.2 million
Citizens National Bank, Teague, TX
October 30, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of the assets of nine banks that failed October 30, 2009
$118.2 million
$97.7 million
Park National Bank, Chicago, IL
October 30, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of the assets of nine banks that failed October 30, 2009
$4.7 billion
$3.7 billion
Pacific National Bank, San Francisco, CA
October 30, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of the assets of nine banks that failed October 30, 2009
$2.3 billion
$1.8 billion
California National Bank, Los Angeles, CA
October 30, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of the assets of nine banks that failed October 30, 2009
$7.8 billion
$6.2 billion
San Diego National Bank, San Diego, CA
October 30, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of the assets of nine banks that failed October 30, 2009
$3.6 billion
$2.9 billion
Community Bank of Lemont, Lemont, IL
October 30, 2009
 Closed by Illinois Department of Financial and Professional Regulation – Division of Banking, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of the assets of nine banks that failed October 30, 2009
$81.8 million
$81.2 million
Bank USA, N.A., Phoenix, AZ
October 30, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with U.S. Bank, NA, of Minneapolis, Minnesota, a wholly-owned subsidiary of U.S. Bancorp, to assume all of the deposits and essentially all of the assets of nine banks that failed October 30, 2009
$212.8 million
$117.1 million
First DuPage Bank, Westmont, IL
October 23, 2009
 Closed by Illinois Department of Financial & Professional Regulation – Division of Banking, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with First Midwest Bank, Itasca, Illinois
$279 million
$254 million
Riverview Community Bank, Otsego, MN
October 23, 2009
 Closed by Minnesota Department of Commerce, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Central Bank, Stillwater, Minnesota
$108 million
$80 million
Bank of Elmwood, Racine, WI
October 23, 2009
 Closed by Wisconsin Department of Financial Institutions, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Tri City National Bank, Oak Creek, Wisconsin
$327.4 million
$273.2 million
Flagship National Bank, Bradenton, FL
October 23, 2009
 Closed by Office of the Comptroller, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with First Federal Bank of Florida, Lake City, Florida
$190 million
$175 million
Hillcrest Bank Florida, Naples, FL
October 23, 2009
 Closed by Florida Office of Financial Regulation, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Stonegate Bank, Fort Lauderdale, Florida
$83 million
$84 million
American United Bank, Lawrenceville, GA
October 23, 2009
 Closed by Office of the Georgia Department of Banking & Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Ameris Bank, Moultrie, Georgia
$111 million
$101 million
Partners Bank, Naples, FL
October 23, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Stonegate Bank, Fort Lauderdale, Florida
$65.5 million
$64.9 million
San Joaquin Bank, Bakersfield, CA
October 16, 2009
 Closed by Office of the California Department of Financial Institutions, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Citizens Business Bank, Ontario, California
$775 million
$631 million
Southern Colorado National Bank, Pueblo, CO
October 2, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Legacy Bank, Wiley, Colorado
$39.5 million
$31.9 million
Jennings State Bank, Spring Grove, MN
October 2, 2009
 Closed by Minnesota Department of Commerce, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Central Bank, Stillwater, Minnesota
$56.3 million
$52.4 million
Warren Bank, Warren, MI
October 2, 2009
 Closed by Michigan Office of Financial and Insurance Regulation, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with The Huntington National Bank, Columbus, Ohio
$538 million
$501 million
Georgian Bank, Atlanta, GA
September 25, 2009
 Closed by Georgia Department of Banking and Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with First Citizens Bank and Trust Company, Inc., Columbia, South Carolina
$2 billion
$2 billion
Irwin Union Bank, F.S.B., Louisville, KY
September 18, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with First Financial Bank, National Association, Hamilton, Ohio
$493 million
$441 million
Irwin Union Bank and Trust Company, Columbus, IN
September 18, 2009
 Closed by Indiana Department of Financial Institutions, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with First Financial Bank, National Association, Hamilton, Ohio
$2.7 billion
$2.1 billion
Venture Bank, Lacey, WA
September 11, 2009
 Closed by Washington Department of Financial Institutions, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with First-Citizens Bank & Trust Company, Raleigh, North Carolina
$970 million
$903 million
Brickwell Community Bank, Woodbury, MN
September 11, 2009
 Closed by Minnesota Department of Commerce, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with CorTrust Bank N.A., Mitchell, South Dakota
$72 million
$63 million
Corus Bank, N.A., Chicago, IL
September 11, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with MB Financial Bank, National Association, Chicago, Illinois
$7 billion
$7 billion
First State Bank, Flagstaff, AZ
September 4, 2009
 Closed by Arizona Department of Financial Institutions, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Sunwest Bank, Tustin, California
$105 million
$95 million
Platinum Community Bank, Rolling Meadows, IL
September 4, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC approved the payout of the insured deposits to customers
$345.6 million
$305.0 million
Vantus Bank, Sioux City, IA
September 4, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Great Southern Bank, Springfield, Missouri
$458 million
$368 million
InBank, Oak Forest, IL
September 4, 2009
 Closed by Illinois Department of Financial and Professional Regulation, Division of Banking, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with MB Financial Bank, National Association, Chicago, Illinois
$212 million
$199 million
First Bank of Kansas City, Kansas City, MO
September 4, 2009
 Closed by Missouri Division of Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Great American Bank, De Soto, Kansas
$16 million
$15 million
Affinity Bank, Ventura, CA
August 28, 2009
 Closed by California Department of Financial Institutions, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Pacific Western Bank, San Diego, California
$1 billion
$922 million
Mainstreet Bank, Forest Lake, MN
August 28, 2009
 Closed by Minnesota Department of Commerce, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Central Bank, Stillwater, Minnesota
$459 million
$434 million
Bradford Bank, Baltimore, MD
August 28, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Manufacturers and Traders Trust Company (M&T), Buffalo, New York
$452 million
$383 million
Guaranty Bank, Austin, TX
August 21, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with BBVA Compass, Birmingham, Alabama - the U.S. division of Banco Bilbao Vizcaya Argentaria SA, Spain's second-largest bank
$13 billion
$12 billion
CapitalSouth Bank, Birmingham , AL
August 21, 2009
 Closed by Alabama State Banking Department, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with IBERIABANK, Lafayette, Louisiana
$617 million
$546 million
First Coweta Bank, Newnan, GA
August 21, 2009
 Closed by Georgia Department of Banking and Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with United Bank, Zebulon, Georgia
$167 million
$155 million
ebank, Atlanta, GA
August 21, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Stearns Bank, National Association, St. Cloud, Minnesota
$143 million
$130 million
Community Bank of Nevada, Las Vegas, NV
August 14, 2009
 Closed by State Commissioner, by Order of the Nevada Financial Institutions Division, and FDIC named Receiver. FDIC created the Deposit Insurance National Bank of Las Vegas (DINB) to allow depositors access to their insured deposits
$1.52 billion
$1.38 billion
Community Bank of Arizona, Phoenix, AZ
August 14, 2009
 Closed by Arizona Department of Financial Institutions, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with MidFirst Bank, Oklahoma City, Oklahoma
$158.5 million
$143.8 million
Union Bank, National Association, Gilbert, AZ
August 14, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with MidFirst Bank, Oklahoma City, Oklahoma
$124 million
$112 million
Colonial Bank, Montgomery, AL
August 14, 2009
 Closed by Alabama State Banking Department, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Branch Banking and Trust (BB&T), Winston-Salem, North Carolina
$25 billion
$20 billion
Dwelling House Savings and Loan Association, Pittsburgh, PA
August 14, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with PNC Bank, National Association, Pittsburgh, Pennsylvania
$13.4 million
$13.8 million
Community First Bank, Prineville, OR
August 7, 2009
 Closed by Oregon Division of Finance & Corporate Securities, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Home Federal Bank, Nampa, Idaho
$209 million
$182 million
Community National Bank of Sarasota County, Venice, FL
August 7, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Stearns Bank, National Association, St. Cloud, Minnesota
$97 million
$93 million
First State Bank, Sarasota, FL
August 7, 2009
 Closed by Florida Office of Financial Regulation, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Stearns Bank, National Association, St. Cloud, Minnesota
$463 million
$387 million
Mutual Bank, Harvey, IL
July 31, 2009
 Closed by Illinois Department of Financial Professional Regulation - Division of Banking, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with United Central Bank, Garland, Texas
$1.6 billion
$1.6 billion
First BankAmericano, Elizabeth, NJ
July 31, 2009
 Closed by New Jersey Department of Banking and Insurance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Crown Bank, Brick, New Jersey
$166 million
$157 million
Peoples Community Bank, West Chester, OH
July 31, 2009
 Closed by Office of Thrift Supervision, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with First Financial Bank, National Association, Hamilton, Ohio
$705.8 million
$598.2 million
Integrity Bank, Juipter FL
July 31, 2009
 Closed by Florida Office of Financial Regulation, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Stonegate Bank, Fort Lauderdale, Florida
$119 million
$102 million
First State Bank of Altus, Altus OK
July 31, 2009
 Closed by Oklahoma State Banking Department, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Herring Bank, Amarillo, Texas
$103.4 million
$98.2 million
Security Bank of Jones County, Gray, GA
July 24, 2009
 Six bank subsidiaries of Security Bank Corporation of Macon , GA were closed by Georgia Department of Banking and Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with State Bank and Trust Company, Pinehurst, Georgia
$453 million
$387 million
Security Bank of Houston County, Perry, GA
July 24, 2009
 Six bank subsidiaries of Security Bank Corporation of Macon , GA were closed by Georgia Department of Banking and Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with State Bank and Trust Company, Pinehurst, Georgia
$383 million
$320 million
Security Bank of Bibb County, Macon, GA
July 24, 2009
 Six bank subsidiaries of Security Bank Corporation of Macon , GA were closed by Georgia Department of Banking and Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with State Bank and Trust Company, Pinehurst, Georgia
$1.2 billion
$1 billion
Security Bank of North Metro, Woodstock, GA
July 24, 2009
 Six bank subsidiaries of Security Bank Corporation of Macon , GA were closed by Georgia Department of Banking and Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with State Bank and Trust Company, Pinehurst, Georgia
$224 million
$212 million
Security Bank of North Fulton, Alpharetta, GA
July 24, 2009
 Six bank subsidiaries of Security Bank Corporation of Macon , GA were closed by Georgia Department of Banking and Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with State Bank and Trust Company, Pinehurst, Georgia
$209 million
$191 million
Security Bank of Gwinnett County, Suwanee, GA
July 24, 2009
 Six bank subsidiaries of Security Bank Corporation of Macon , GA were closed by Georgia Department of Banking and Finance, and FDIC named Receiver. FDIC entered into a purchase and assumption agreement with State Bank and Trust Company, Pinehurst, Georgia
$322 million
$292 million
Waterford Village Bank, Williamsville, NY
July 24, 2009
 Closed by New York State Banking Department, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Evans Bank, N.A., Angola, New York
$61.4 million
$58 million
Temecula Valley Bank, Temecula, CA
July 17, 2009
 Closed by California Department of Financial Institutions, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with First-Citizens Bank and Trust Company, Raleigh, North Carolina
$1.5 billion
$1.3 billion
Vineyard Bank, Rancho Cucamonga, CA
July 17, 2009
 Closed by Office of the Comptroller of the Currency, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with California Bank & Trust, San Diego, California
$1.9 billion
$1.6 billion
BankFirst, Sioux Falls, SD
July 17, 2009
 Closed by South Dakota Division of Banking, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Alerus Financial, National Association, Grand Forks, North Dakota
$275 million
$254 million
First Piedmont Bank, Winder, GA
July 17, 2009
 Closed by Georgia Department of Banking and Finance, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with First American Bank and Trust Company, Athens, Georgia
$115 million
$109 million
Bank of Wyoming, Thermopolis, WY
July 10, 2009
 Closed by State of Wyoming, Department of Audit, Division of Banking, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Central Bank & Trust, Lander, Wyoming
$70 million
$67 million
Founders Bank, Worth, IL
July 02, 2009
 Closed by Illinois Department of Financial and Professional Regulation, Division of Banking, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with The PrivateBank and Trust Company, Chicago, Illinois
$962.5 million
$848.9 million
Millennium State Bank of Texas, Dallas, TX
July 02, 2009
 Closed by exas Department of Banking, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with State Bank of Texas, Irving, Texas
$118 million
$115 million
First National Bank of Danville, Danville, IL
July 02, 2009
 Closed by Office of the Comptroller of the Currency, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with First Financial Bank, N.A., Terre Haute, Indiana
$166 million
$147 million
Elizabeth State Bank, Elizabeth, IL
July 02, 2009
 Closed by Illinois Department of Financial and Professional Regulation, Division of Banking, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Galena State Bank and Trust, Galena, Illinois
$55.5 million
$50.4 million
Rock River Bank, Oregon, IL
July 02, 2009
 Closed by Illinois Department of Financial and Professional Regulation, Division of Banking, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with The Harvard State Bank, Harvard, Illinois
$77 million
$75.8 million
First State Bank of Winchester, Winchester, IL
July 02, 2009
 Closed by Illinois Department of Financial and Professional Regulation, Division of Banking, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with The First National Bank of Beardstown, Beardstown, Illinois
$36 million
$34 million
John Warner Bank, Clinton, IL
July 02, 2009
 Closed by Illinois Department of Financial and Professional Regulation, Division of Banking, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with State Bank of Lincoln, Lincoln, Illinois
$70 million
$64 million
Mirae Bank, Los Angeles, CA
June 26, 2009
 Closed by California Department of Financial Institutions, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Wilshire State Bank, Los Angeles, California
$456 million
$362 million
MetroPacific Bank, Irvine, CA
June 26, 2009
 Closed by California Department of Financial Institutions, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Sunwest Bank, Tustin, California
$80 million
$73 million
Horizon Bank, Pine City, MN
June 26, 2009
 Closed by Minnesota Department of Commerce, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Stearns Bank, National Association, St. Cloud, Minnesota
$87.6 million
$69.4 million
Neighborhood Community Bank, Newman, GA
June 26, 2009
 Closed by the Georgia Department of Banking and Finance, FDIC named receiver. FDIC entered into a purchase and assumption agreement with CharterBank, West Point, Georgia
$221.6 million
$191.3 million
Community Bank of West Georgia, Villa Rica, GA
June 26, 2009
 Closed by the Georgia Department of Banking and Finance, FDIC named receiver
$199.4 million
$182.5 million
First National Bank of Anthony, Anthony, KS
June 19, 2009
 Closed by Office of the Comptroller of the Currency, FDIC named Receiver. FDIC entered into a purchase and assumption agreement with Bank of Kansas, South Hutchinson, Kansas
$156.9 million
$142.5 million
Cooperative Bank, Wilmington, NC
June 19, 2009
 Closed by North Carolina Office of Commissioner of Banks, FDIC named receiver. FDIC entered into a purchase and assumption agreement with First Bank, Troy, North Carolina
$970 million
$774 million
Southern Community Bank, Fayetteville, GA
June 19, 2009
 Closed by Georgia Department of Banking and Finance, FDIC named receiver. FDIC entered into a purchase and assumption agreement with United Community Bank, Blairsville, Georgia,
$377 million
$307 million
Bank of Lincolnwood, Lincolnwood, IL
June 5, 2009
 Closed by Illinois Department, Division of Banking, FDIC named receiver. FDIC entered into a purchase and assumption agreement with Republic Bank of Chicago, Oak Brook, Illinois
$214 million
$202 million
Citizens National Bank, Macomb, IL
May 22, 2009
 Closed by Office of the Comptroller of the Currency, FDIC named Receiver. Deposits transferred to Morton Community Bank, Morton, Illinois
$437 million
$400 million
Strategic Capital Bank, Champaign, IL
May 22, 2009
 Closed by Illinois Division of Banking, FDIC named Receiver. Deposits transferred to Midland States Bank, Effingham, Illinois
$537 million
$471 million
BankUnited, FSB, Coral Gables, FL
May 21, 2009
 Closed by OTS and FDIC named Receiver. Subsequently, transferred to BankUnited, a newly chartered federal savings bank
$12.80 billion
$8.6 billion
Westsound Bank, Bremerton, WA
May 8, 2009
 Kitsap Bank, Port Orchard, WA
$334.6 million
$304.5 million
America West Bank, Layton, UT
May 1, 2009
 Cache Valley Bank, Logan, UT
$299.4 million
$284.1 million
Citizens Community Bank, Ridgewood, NJ
May 1, 2009
 North Jersey Community Bank, Englewood Cliffs
$45.1 million
$43.7 million
Silverton Bank, N.A., Atlanta, GA
May 1, 2009
 FDIC created bridge bank: Silverton Bridge Bank, N.A
$4.1 billion
$3.3 billion
First Bank of Idaho, Ketchum, ID
Apr 24, 2009
 Closed by Office of Thrift Supervision (OTS) and FDIC was named Receiver
$488.9 million
$374.0 million
First Bank of Beverly Hills, Calabasas, CA
Apr 24, 2009
 Closed by California Department of Financial Institutions and FDIC was named Receiver
$1.5 billion
$1.0 billion
Heritage Bank, Farmington Hills, MI
Apr 24, 2009
 Closed by State of Michigan’s Office of Financial and Insurance Regulation and FDIC was named Receiver
$184.6 million
$151.7 million
American Southern Bank, Kennesaw, GA
Apr 24, 2009
 Bank of North Georgia, Alpharetta, Georgia
$112.3 million
$104.3 million
Great Basin Bank of Nevada, Elko, NV
Apr 17, 2009
 Nevada State Bank, Las Vegas, NV
$270.9 million
$221.4 million
American Sterling Bank, Sugar Creek, MO
Apr 17, 2009
 Metcalf Bank, Lee's Summit, MO
$181 million
$171.9 million
New Frontier Bank, Greeley, CO
Apr 10, 2009
 Closed by Banking Board of the Colorado Division of Banking, and FDIC appointed as receiver
$2.0 billion
$1.5 billion
Cape Fear Bank, Wilmington, NC
Apr 10, 2009
 Closed by North Carolina Office of Commissioner of Banks, and FDIC appointed as receiver
$492 million
$403 million
Omni National Bank, Atlanta, GA
Mar 27, 2009
 Closed by Office of the Comptroller of the Currency, and FDIC appointed as receiver
$956.0 million
$796.8 million
TeamBank, National Association, Paola, KS
Mar 20, 2009
 Great Southern Bank, Springfield, MO
$669.8 million
$492.8 million
Colorado National Bank, Colorado Springs, CO
Mar 20, 2009
 Herring Bank, Amarillo, TX
$123.5 million
$82.7 million
FirstCity Bank, Stockbridge, GA
Mar 20, 2009
 Closed by Georgia Department of Banking & Finance, and FDIC appointed as receiver
$297 million
$278 million
Freedom Bank of Georgia, Commerce, GA
Mar 06, 2009
 Northeast Georgia Bank, Lavonia, GA
$173 million
$161 million
Security Savings Bank, Henderson, NV
Feb 27, 2009
 Bank of Nevada, Las Vegas, NV
$238.3 million
$175.2 million
Heritage Community Bank, Glenwood, IL
Feb 27, 2009
 MB Financial Bank, N.A., Chicago, IL
$232.9 million
$218.6 million
Silver Falls Bank, Silverton, OR
Feb 20, 2009
 Citizens Bank, Corvallis, OR
$131.4 million
$116.3 million
Pinnacle Bank of Oregon, Beaverton, OR
Feb 13, 2009
 Washington Trust Bank of Spokane, WA
$73 million
$64 million
Corn Belt Bank and Trust Company, Pittsfield, IL
Feb 13, 2009
 The Carlinville National Bank, Carlinville, IL
$271.8 million
$234.4 million
Riverside Bank of the Gulf Coast, Cape Coral, FL
Feb 13, 2009
 TIB Bank, Naples, FL
$539 million
$424 million
Sherman County Bank, Loup City, NE
Feb 13, 2009
 Heritage Bank, Wood River, Nebraska
$129.8 million
$85.1 million
County Bank, Merced, CA
Feb 06, 2009
 Westamerica Bank, San Rafael, CA
$1.7 billion
$1.3 billion
Alliance Bank, Culver City, CA
Feb 06, 2009
 California Bank & Trust, San Diego, CA
$1.14 billion
$951.0 million
FirstBank Financial Services, McDonough, GA
Feb 06, 2009
 Regions Bank, Birmingham, AL
$337.0 million
$279.0 million
Ocala National Bank, Ocala, FL
Jan 30, 2009
 CenterState Bank of Florida, National Association, Winter Haven, FL
$223.5 million
$205.2 million
Suburban Federal Savings Bank, Crofton, MD
Jan 30, 2009
 Bank of Essex, Tappahannock, VA
$360.0 million
$302.0 million
MagnetBank, Salt Lake City, UT
Jan 30, 2009
 FDIC named receiver - Unable to find another financial institution to take over, insured funds were paid out to depositors.
$292.9 million
$282.8 million
1st Centennial Bank, Redlands, CA
Jan 23, 2009
 First California Bank, Westlake Village, CA
$803.3 million
$676.9 million
Bank of Clark County, Vancouver, WA
Jan 16, 2009
 Umpqua Bank, Roseburg, OR
$446.5 million
$366.5 million
National Bank of Commerce, Berkeley, IL
Jan 16, 2009
 Republic Bank of Chicago, Oak Brook, IL
$430.9 million
$402.1 million

CalculatorPlus offers finance users free CD calculator, credit card calculator, finance calculator, as well as many loan calculators that enable investors, homeowners and other finance users to make informed financial decisions. In addition, retirees can take advantage of the 401k retirement calculator (401k calculator) or use the many mortgage loan calculator to calculate adjustable rate mortgage or to determine mortgage approval.

Calculator Plus MarketPlace


Download Free
Mortgage Widget