2008 Bank failures
|
| Failed Bank Name | Closing Date of Failed Bank | Deposits Transferred to | Total Assets of Failed Bank | Total Deposits of Failed Bank |
|---|---|---|---|---|
| Sanderson State Bank, Sanderson, TX |
Dec 12, 2008 |
The Pecos County State Bank, Ft. Stockton, TX |
$37 million |
$27.9 million |
| Haven Trust Bank, Duluth, GA |
Dec 12, 2008 |
Branch Banking & Trust Company, (BB&T), Winston-Salem, NC |
$572 million |
$515 million |
| First Georgia Community Bank, Jackson, GA |
Dec 05, 2008 |
United Bank, Zebulon, GA |
$237.5 million |
$197.4 million |
| PFF Bank and Trust, Pomona, CA |
Nov 21, 2008 |
U.S. Bank, National Association, Cincinnati, OH |
$3.7 billion |
$2.4 billion |
| Downey Savings and Loan, Newport Beach, CA |
Nov 21, 2008 |
U.S. Bank, National Association, Cincinnati, OH |
$12.8 billion |
$9.7 billion |
| The Community Bank, Loganville, GA |
Nov 21, 2008 |
Bank of Essex, Tappahannock, VA |
$681.0 million |
$611.4 million |
| Security Pacific Bank, Los Angeles, CA |
Nov 07, 2008 |
Pacific Western Bank, Los Angeles, CA |
$561.1 million |
$450.1 million |
| Franklin Bank, SSB, Houston, TX |
Nov 07, 2008 |
Prosperity Bank, El Campo, TX |
$5.1 billion |
$3.7 billion |
| Freedom Bank, Bradenton, FL |
Oct 31, 2008 |
Fifth Third Bank, Grand Rapids, MI |
$287.0 million |
$254.0 million |
| Alpha Bank & Trust, Alpharetta, GA |
Oct 24, 2008 |
Stearns Bank, N.A., St. Cloud, MN |
$354.1 million |
$346.2 million |
| Meridian Bank, Eldred, IL |
Oct 10, 2008 |
National Bank, Hillsboro, Illinois |
$39.18 million |
$36.88 million |
| Main Street Bank, Northville, MI |
Oct 10, 2008 |
Monroe Bank & Trust, Monroe, Michigan |
$98 million |
$86 million |
| Washington Mutual Bank, Henderson, NV and Washington Mutual Bank FSB, Park City, UT |
Sept 25, 2008 |
JPMorgan Chase Bank, National Association, Columbus, Ohio, and made a payment of $1.9 billion |
$307 billion |
$188 billion |
| Ameribank, Northfork, WV |
Sept 19, 2008 |
Ohio branches were transferred to The Citizens Savings Bank, based in Martins Ferry, OH |
$115 million |
$102 million |
|
Silver State Bank, Henderson, NV |
Sept 5, 2008 |
Nevada State Bank, Las Vegas, NV, and its affiliate National Bank of Arizona |
$2.0 billion |
$1.7 billion |
| Integrity Bank, Alpharetta, GA |
Aug 29, 2008 |
Regions Bank, Birmingham, AL |
$1.1 billion |
$974.0 million |
| The Columbian Bank and Trust, Topeka, KS | Aug 22, 2008 |
Citizens Bank & Trust, Chillicothe, Missouri |
$752 million |
$622 million |
| First Priority Bank, Bradenton, FL | Aug 1, 2008 |
SunTrust Bank based in Atlanta, Georgia |
$259 million |
$227 million |
| First Heritage Bank, NA, Newport Beach, CA | Jul 25, 2008 |
Mutual of Omaha Bank, Omaha, Nebraska |
$254 million |
$233 million |
| First National Bank of Nevada, Reno, NV | Jul 25, 2008 |
Mutual of Omaha Bank, Omaha, Nebraska |
$3.4 billion |
$3.0 billion |
| IndyMac Bank, Pasadena, CA | Jul 11, 2008 |
IndyMac Federal Bank, F.S.B. (IndyMac Federal Bank), Pasadena, CA, operated by the FDIC as conservator |
$32.01 billion |
$19.06 bllion |
| First Integrity Bank, NA, Staples, MN | May 30, 2008 |
First International Bank and Trust, Watford City, ND |
$54.7 million |
$50.3 million |
| ANB Financial, NA, Bentonville, AR | May 9, 2008 |
Pulaski Bank and Trust Company, Little Rock, AR |
$2.1 billion |
$1.8 billion |
| Hume Bank, Hume, MO | Mar 7, 2008 |
Security Bank, Rich Hill, MO |
$18.7 million |
$13.6 million |
| Douglass National Bank, Kansas City, MO | Jan 25, 2008 |
Liberty Bank and Trust Company, New Orleans, LA |
$58.5 million |
$53.8 million |
| Miami Valley Bank, Lakeview, OH | Oct 4, 2007 |
The Citizens Banking Company, Sandusky, OH |
$86.7 million |
$76 million |
| NetBank, Alpharetta, GA | Sept 28, 2007 |
ING DIRECT |
$2.5 billion |
$2.3 billion |
| Metropolitan Savings Bank, Pittsburgh, PA | Feb 2, 2007 |
Allegheny Valley Bank of Pittsburgh, PA |
$15.8 million |
$12.0 million |