Bank Failures in Brief – 2003
There were 3 bank failures in 2003. See detailed descriptions below.
Please select the buttons below for other years' information.
|Total Assets (Millions)||0||1,000.0||0||0||35.0||0||0||0||0||0||10.2||0|
|Bank Name, City, ST||Press Release
|Closing Date||Approx. Asset
|Acquirer & Transaction|
|Pulaski Savings Bank, Philadelphia, PA||PR-107-2003||November 14, 2003||$10.2||$9.2||Earthstar Bank, South Hampton, PA agreed to assume all deposits. (BIF**)|
|First National Bank of Blanchardville, Blanchardville, WI|| PR-47-2003
|May 9, 2003||$35.0||$29.0||The Park Bank, Madison, WI agreed to assume all insured deposit accounts. (BIF**)|
|Southern Pacific Bank, Torrance, CA||PR-11-2003||February 7, 2003||$1,000.0||$834.0||Beal Bank of Plano, TX agreed to assume all deposits. (BIF**)|
*SAIF = Savings Association Insurance Fund **BIF = Bank Insurance Fund