FDIC Home - Federal Deposit Insurance Corporation
FDIC Home - Federal Deposit Insurance Corporation

 
Skip Site Summary Navigation   Home     Deposit Insurance     Consumer Protection     Industry Analysis     Regulations & Examinations     Asset Sales     News & Events     About FDIC  


Home > Industry Analysis > Failed Banks > Bank Failures in Brief




Bank Failures in Brief
2010

The list of Bank Failures in Brief is updated through February 5, 2010. Please address questions on this subject to the Customer Service Hotline (telephone: 1-888-206-4662).

February

1st American State Bank of Minnesota, Hancock, MN with approximately $18.2 million in assets and approximately $16.3 million in deposits was closed. Community Development Bank, FSB, Ogema, MN has agreed to assume all deposits. (PR-030-2010)

January

American Marine Bank, Bainbridge Island, WA with approximately $373.2 million in assets and approximately $308.5 million in deposits was closed. Columbia State Bank, Tacoma, WA has agreed to assume all deposits, excluding certain brokered deposits. (PR-027-2010)

First Regional Bank, Los Angeles, CA with approximately $2.18 billion in assets and approximately $1.87 billion in deposits was closed. First-Citizens Bank & Trust Company, Raleigh, NC has agreed to assume all deposits, excluding certain brokered deposits. (PR-026-2010)

Community Bank and Trust, Cornelia, GA with approximately $1.2 billion in assets and approximately $1.1 billion in deposits was closed. SCBT National Association, Orangeburg, SC has agreed to assume all deposits, excluding certain brokered deposits. (PR-025-2010)

Marshall Bank, N.A., Hallock, MN with approximately $59.9 million in assets and approximately $54.7 million in deposits was closed. United Valley Bank, Cavalier, ND has agreed to assume all deposits. (PR-024-2010)

Florida Community Bank, Immokalee, FL with approximately $875.5 million in assets and approximately $795.5 million in deposits was closed. Premier American Bank, N.A., Miami, FL has agreed to assume all deposits, excluding certain brokered deposits. (PR-023-2010)

First National Bank of Georgia, Carrollton, GA with approximately $832.6 million in assets and approximately $757.9 million in deposits was closed. Community and Southern Bank, Carrollton, GA has agreed to assume all deposits, excluding certain brokered deposits. (PR-022-2010)

Columbia River Bank, The Dalles, OR with approximately $1.1 billion in assets and approximately $1.0 billion in deposits was closed. Columbia State Bank, Tacoma, WA has agreed to assume all deposits. (PR-018-2010)

Evergreen Bank, Seattle, WA with approximately $488.5 million in assets and approximately $439.4 million in deposits was closed. Umpqua Bank, Roseburg, OR has agreed to assume all deposits, excluding certain brokered deposits. (PR-017-2010)

Charter Bank, Santa Fe, NM with approximately $1.2 billion in assets and approximately $851.5 million in deposits was closed. Charter Bank, Albuquerque, NM has agreed to assume all deposits, excluding certain brokered deposits. (PR-016-2010)

Bank of Leeton, Leeton, MO with approximately $20.1 million in assets and approximately $20.4 million in deposits was closed. Sunflower Bank, N.A., Salina, KS has agreed to assume all deposits. (PR-015-2010)

Premier American Bank, Miami, FL with approximately $350.9 million in assets and approximately $326.3 million in deposits was closed. Premier American Bank, N.A., Miami, FL has agreed to assume all deposits, excluding certain brokered deposits. (PR-014-2010)

Barnes Banking Company, Kaysville, UT, with approximately $827.8 million in assets and $786.5 million in deposits was closed. The FDIC has created the Deposit Insurance National Bank of Kaysville, UT ("DINB of Kaysville") to facilitate the resolution of Barnes Banking Company, Kaysville, UT. (PR-010-2010)

St. Stephen State Bank, St. Stephen, MN with approximately $24.7 million in assets and approximately $23.4 million in deposits was closed. First State Bank of St. Joseph, St. Joseph, MN has agreed to assume all deposits. (PR-009-2010)

Town Community Bank and Trust, Antioch, IL with approximately $69.6 million in assets and approximately $67.4 million in deposits was closed. First American Bank, Elk Grove Village, IL has agreed to assume all deposits, excluding certain brokered deposits. (PR-008-2010)

Horizon Bank, Bellingham, WA with approximately $1.3 billion in assets and approximately $1.1 billion in deposits was closed. Washington Federal Savings and Loan Association, Seattle, WA has agreed to assume all deposits, excluding certain brokered deposits. (PR-004-2010)


2009    2008    2007    2006    2005    2004   2003    2002    2001



Last Updated 02/05/2010 cservicefdicdal@fdic.gov

Home    Contact Us    Search    Help    SiteMap    Forms
Freedom of Information Act (FOIA) Service Center    Website Policies    USA.gov
FDIC Office of Inspector General    FDIC Open Government Webpage