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Bank Failures in Brief – 2009

There were 140 bank failures in 2009. See detailed descriptions below.

The graph shows there were 140 bank failures in 2009. Bank Failures in January 2009 Bank Failures in January 2009 Bank Failures in February 2009 Bank Failures in February 2009 Bank Failures in March 2009 Bank Failures in March 2009 Bank Failures in April 2009 Bank Failures in April 2009 Bank Failures in May 2009 Bank Failures in May 2009 Bank Failures in June 2009 Bank Failures in June 2009 Bank Failures in July 2009 Bank Failures in July 2009 Bank Failures in July 2009 Bank Failures in August 2009 Bank Failures in August 2009 Bank Failures in August 2009 Bank Failures in September 2009 Bank Failures in September 2009 Bank Failures in October 2009 Bank Failures in October 2009 Bank Failures in October 2009 Bank Failures in November 2009 Bank Failures in November 2009 Bank Failures in December 2009 Bank Failures in December 2009

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2009 Summary by Month
(Approximate asset dollar volume based on figures from the press releases)
Months Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Bank Failures 6 10 5 8 7 9 24 15 11 20 9 16
Total Assets (Millions) 2,556.4 4,793.2 2,219.3 5,229.7 18,553.1 2,762.5 10,900.6 43,422.9 14,371.6 21,968.4 15,241.2 28,857.1

2009 Bank Failure Details
Bank Name, City, ST Press Release
(PR)
Closing Date Approx. Asset
(Millions)
Approx. Deposit
(Millions)
Acquirer & Transaction
December
First Federal Bank of California, F.S.B., Santa Monica, CA PR-239-2009 December 18, 2009 $6,100.0 $4,500.0 OneWest Bank, FSB, Pasadena, CA has agreed to assume all deposits.
Imperial Capital Bank, La Jolla, CA PR-238-2009 December 18, 2009 $4,000.0 $2,800.0 City National Bank, Los Angeles, CA has agreed to assume all deposits, excluding certain brokered deposits.
Independent Bankers' Bank, Springfield, IL PR-237-2009 December 18, 2009 $585.5 $511.5 The FDIC created a bridge bank, Independent Bankers' Bank Bridge Bank (IBB Bridge Bank, National Association), to take over operations.
New South Federal Savings Bank, Irondale, AL PR-236-2009 December 18, 2009 $1,500.0 $1,200.0 Beal Bank, Plano, TX has agreed to assume all deposits.
Citizens State Bank, New Baltimore, MI PR-235-2009 December 18, 2009 $168.6 $157.1 Deposit Insurance National Bank of New Baltimore, New Baltimore, MI has agreed to assume insured deposits.
Peoples First Community Bank, Panama City, FL PR-234-2009 December 18, 2009 $1,800.0 $1,700.0 Hancock Bank, Gulfport, MS has agreed to assume all deposits, excluding certain brokered deposits.
RockBridge Commercial Bank, Atlanta, GA PR-233-2009 December 18, 2009 $294.0 $291.7 The FDIC has approved the payout of the insured deposits of RockBridge Commercial Bank.
SolutionsBank, Overland Park, KS PR-227-2009 December 11, 2009 $511.1 $421.3 Arvest Bank, Fayetteville, AR has agreed to assume all deposits, excluding certain brokered deposits.
Valley Capital Bank, National Association, Mesa, AZ PR-226-2009 December 11, 2009 $40.3 $41.3 Enterprise Bank & Trust, Clayton, MO has agreed to assume all deposits.
Republic Federal Bank, National Association, Miami, FL PR-225-2009 December 11, 2009 $433.0 $352.7 1st United Bank, Boca Raton, FL has agreed to assume all deposits, excluding certain brokered deposits.
Greater Atlantic Bank, Reston, VA PR-224-2009 December 4, 2009 $203.0 $179.0 Sonabank, McLean, VA has agreed to assume all deposits.
Benchmark Bank, Aurora, IL PR-223-2009 December 4, 2009 $170.0 $181.0 MB Financial Bank, National Association, Chicago, IL has agreed to assume all deposits, excluding certain brokered deposits.
AmTrust Bank, Cleveland, OH PR-222-2009 December 4, 2009 $12,000.0 $8,000.0 New York Community Bank, Westbury, NY has agreed to assume all deposits.
The Tattnall Bank, Reidsville, GA PR-221-2009 December 4, 2009 $49.6 $47.3 HeritageBank of the South, Albany, GA has agreed to assume all deposits, excluding certain brokered deposits.
First Security National Bank, Norcross, GA PR-220-2009 December 4, 2009 $128.0 $123.0 State Bank and Trust Company, Macon, GA has agreed to assume all deposits, excluding certain brokered deposits.
The Buckhead Community Bank, Atlanta, GA PR-219-2009 December 4, 2009 $874.0 $838.0 State Bank and Trust Company, Macon, GA has agreed to assume all deposits, excluding certain brokered deposits.
NovemberBack to top
Commerce Bank of Southwest Florida, Fort Myers, FL PR-211-2009 November 20, 2009 $79.7 $76.7 Central Bank, Stillwater, MN has agreed to assume all deposits, excluding certain brokered deposits.
Pacific Coast National Bank, San Clemente, CA PR-207-2009 November 13, 2009 $134.4 $130.9 Sunwest Bank, Tustin, CA has agreed to assume all deposits, excluding certain brokered deposits.
Orion Bank, Naples, FL PR-206-2009 November 13, 2009 $2,700.0 $2,100.0 IBERIABANK, Lafayette, LA has agreed to assume all deposits, excluding certain brokered deposits.
Century Bank, a Federal Savings Bank, Sarasota, FL PR-205-2009 November 13, 2009 $728.0 $631.0 IBERIABANK, Lafayette, LA has agreed to assume all deposits, excluding certain brokered deposits.
United Commercial Bank, San Francisco, CA PR-201-2009 November 6, 2009 $11,200.0 $7,500.0 East West Bank, Pasadena, CA has agreed to assume all deposits, excluding certain brokered deposits.
Gateway Bank of St. Louis, St. Louis, MO PR-200-2009 November 6, 2009 $27.7 $27.9 Central Bank of Kansas City, Kansas City, MO has agreed to assume all deposits.
Prosperan Bank, Oakdale, MN PR-199-2009 November 6, 2009 $199.5 $175.6 Alerus Financial, National Association, Grand Forks, ND has agreed to assume all deposits, excluding certain brokered deposits.
Home Federal Savings Bank, Detroit, MI PR-198-2009 November 6, 2009 $14.9 $12.8 Liberty Bank and Trust Company, New Orleans, LA has agreed to assume all deposits.
United Security Bank, Sparta, GA PR-197-2009 November 6, 2009 $157.0 $150.0 Ameris Bank, Moultrie, GA has agreed to assume all deposits, excluding certain brokered deposits.
OctoberBack to top
North Houston Bank, Houston, TX PR-195-2009 October 30, 2009 $326.2 $308.0 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
Madisonville State Bank, Madisonville, TX PR-195-2009 October 30, 2009 $256.7 $225.2 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
Citizens National Bank, Teague, TX PR-195-2009 October 30, 2009 $118.2 $97.7 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
Park National Bank, Chicago, IL PR-195-2009 October 30, 2009 $4,706.1 $3,730.9 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
Pacific National Bank, San Francisco, CA PR-195-2009 October 30, 2009 $2,335.3 $1,762.8 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
California National Bank, Los Angeles, CA PR-195-2009 October 30, 2009 $7,792.2 $6,160.4 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
San Diego National Bank, San Diego, CA PR-195-2009 October 30, 2009 $3,608.1 $2,892.4 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
Community Bank of Lemont, Lemont, IL PR-195-2009 October 30, 2009 $81.8 $81.2 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
Bank USA, National Association, Phoenix, AZ PR-195-2009 October 30, 2009 $212.8 $117.1 U.S. Bank National Association, Minneapolis, MN has agreed to assume all deposits.
First DuPage Bank, Westmont, IL PR-192-2009 October 23, 2009 $279.0 $254.0 First Midwest Bank, Itasca, IL has agreed to assume all deposits, excluding certain brokered deposits.
Riverview Community Bank, Otsego, MN PR-191-2009 October 23, 2009 $108.0 $80.0 Central Bank, Stillwater, MN has agreed to assume all deposits.
Bank of Elmwood, Racine, WI PR-190-2009 October 23, 2009 $327.4 $273.2 Tri City National Bank, Oak Creek, WI has agreed to assume all deposits, excluding certain brokered deposits.
Flagship National Bank, Bradenton, FL PR-189-2009 October 23, 2009 $190.0 $175.0 First Federal Bank of Florida, Lake City, FL has agreed to assume all deposits.
Hillcrest Bank Florida, Naples, FL PR-188-2009 October 23, 2009 $83.0 $84.0 Stonegate Bank, Fort Lauderdale, FL has agreed to assume all deposits, excluding certain brokered deposits.
American United Bank, Lawrenceville, GA PR-187-2009 October 23, 2009 $111.0 $101.0 Ameris Bank, Moultrie, GA has agreed to assume all deposits.
Partners Bank, Naples, FL PR-186-2009 October 23, 2009 $65.5 $64.9 Stonegate Bank, Fort Lauderdale, FL has agreed to assume all deposits.
San Joaquin Bank, Bakersfield, CA PR-185-2009 October 16, 2009 $775.0 $631.0 Citizens Business Bank, Ontario, CA has agreed to assume all deposits, excluding certain brokered deposits.
Southern Colorado National Bank, Pueblo, CO PR-181-2009 October 2, 2009 $39.5 $31.9 Legacy Bank, Wiley, CO has agreed to assume all deposits.
Jennings State Bank, Spring Grove, MN PR-180-2009 October 2, 2009 $56.3 $52.4 Central Bank, Stillwater, MN has agreed to assume all deposits.
Warren Bank, Warren, MI PR-179-2009 October 2, 2009 $538.0 $501.0 The Huntington National Bank, Columbus, OH has agreed to assume all deposits, excluding certain brokered deposits.
SeptemberBack to top
Georgian Bank, Atlanta, GA PR-177-2009 September 25, 2009 $2,000.0 $2,000.0 First Citizens Bank and Trust Company, Inc., Columbia, SC has agreed to assume all deposits, excluding certain brokered deposits.
Irwin Union Bank, F.S.B., Louisville, KY PR-174-2009 September 18, 2009 $493.0 $441.0 First Financial Bank, National Association, Hamilton, OH has agreed to assume all deposits.
Irwin Union Bank and Trust Company, Columbus, IN PR-174-2009 September 18, 2009 $2,700.0 $2,100.0 First Financial Bank, National Association, Hamilton, OH has agreed to assume all deposits.
Venture Bank, Lacey, WA PR-170-2009 September 11, 2009 $970.0 $903.0 First-Citizens Bank & Trust Company, Raleigh, NC has agreed to assume all deposits, excluding certain brokered deposits.
Brickwell Community Bank, Woodbury, MN PR-169-2009 September 11, 2009 $72.0 $63.0 CorTrust Bank National Association, Mitchell, SD has agreed to assume all deposits, excluding certain brokered deposits.
Corus Bank, National Association, Chicago, IL PR-168-2009 September 11, 2009 $7,000.0 $7,000.0 MB Financial Bank, National Association, Chicago, IL has agreed to assume all deposits, excluding certain brokered deposits.
First State Bank, Flagstaff, AZ PR-165-2009 September 4, 2009 $105.0 $95.0 Sunwest Bank, Tustin, CA has agreed to assume all deposits, excluding certain brokered deposits.
Platinum Community Bank, Rolling Meadows, IL PR-164-2009 September 4, 2009 $345.6 $305.0 The FDIC has approved the payout of the insured deposits Platinum Community Bank.
Vantus Bank, Sioux City, IA PR-163-2009 September 4, 2009 $458.0 $368.0 Great Southern Bank, Springfield, MO has agreed to assume all deposits.
InBank, Oak Forest, IL PR-162-2009 September 4, 2009 $212.0 $199.0 MB Financial Bank, National Association, Chicago, IL has agreed to assume all deposits, excluding certain brokered deposits.
First Bank of Kansas City, Kansas City, MO PR-161-2009 September 4, 2009 $16.0 $15.0 Great American Bank, De Soto, KS has agreed to assume all deposits.
AugustBack to top
Affinity Bank, Ventura, CA PR-157-2009 August 28, 2009 $1,000.0 $922.0 Pacific Western Bank, San Diego, CA has agreed to assume all deposits, excluding certain brokered deposits.
Mainstreet Bank, Forest Lake, MN PR-156-2009 August 28, 2009 $459.0 $434.0 Central Bank, Stillwater, MN has agreed to assume all deposits, excluding certain brokered deposits.
Bradford Bank, Baltimore, MD PR-155-2009 August 28, 2009 $452.0 $383.0 Manufacturers and Traders Trust Company, Buffalo, NY has agreed to assume all deposits.
Guaranty Bank, Austin, TX PR-150-2009 August 21, 2009 $13,000.0 $12,000.0 BBVA Compass, Birmingham, AL has agreed to assume all deposits, excluding certain brokered deposits.
CapitalSouth Bank, Birmingham, AL PR-149-2009 August 21, 2009 $617.0 $546.0 IBERIABANK, Lafayette, LA has agreed to assume all deposits, excluding certain brokered deposits.
First Coweta Bank, Newnan, GA PR-148-2009 August 21, 2009 $167.0 $155.0 United Bank, Zebulon, GA, has agreed to assume all deposits, excluding certain brokered deposits.
ebank, Atlanta, GA PR-147-2009 August 21, 2009 $143.0 $130.0 Stearns Bank National Association, St. Cloud, MN, has agreed to assume all deposits.
Community Bank of Nevada, Las Vegas, NV PR-146-2009 August 14, 2009 $1,520.0 $1,380.0 The FDIC has created the Deposit Insurance National Bank of Las Vegas, NV ("DINB of Las Vegas") to facilitate the resolution of Community Bank of Nevada, Las Vegas, NV.
Community Bank of Arizona, Phoenix, AZ PR-145-2009 August 14, 2009 $158.5 $143.8 MidFirst Bank, Oklahoma City, OK, has agreed to assume all deposits, excluding certain brokered deposits (approximately $143.8 million).
Union Bank, National Association, Gilbert, AZ PR-144-2009 August 14, 2009 $124.0 $112.0 MidFirst Bank, Oklahoma City, OK, has agreed to assume all non-brokered deposits.
Colonial Bank, Montgomery, AL PR-143-2009 August 14, 2009 $25,000.0 $20,000.0 Branch Banking and Trust Company (BB&T), Winston-Salem, NC, has agreed to assume all deposits.
Dwelling House Savings and Loan Association, Pittsburgh, PA PR-142-2009 August 14, 2009 $13.4 $13.8 PNC Bank, National Association, Pittsburgh, PA has agreed to assume all deposits.
Community First Bank, Prineville, OR PR-141-2009 August 7, 2009 $209.0 $182.0 Home Federal Bank, Nampa, ID, has agreed to assume all deposits, excluding certain brokered deposits.
Community National Bank of Sarasota County, Venice, FL PR-140-2009 August 7, 2009 $97.0 $93.0 Stearns Bank National Association, St. Cloud, MN, has agreed to assume all deposits.
First State Bank, Sarasota, FL PR-139-2009 August 7, 2009 $463.0 $387.0 Stearns Bank National Association, St. Cloud, MN, has agreed to assume all deposits, excluding certain brokered deposits.
JulyBack to top
Mutual Bank, Harvey, IL PR-137-2009 July 31, 2009 $1,600.0 $1,600.0 United Central Bank, Garland, TX, has agreed to assume all deposits.
First BankAmericano, Elizabeth, NJ PR-136-2009 July 31, 2009 $166.0 $157.0 Crown Bank, Brick, NJ, has agreed to assume all deposits.
Peoples Community Bank, West Chester, OH PR-135-2009 July 31, 2009 $705.8 $598.2 First Financial Bank, National Association, Hamilton, OH, has agreed to assume all deposits, excluding certain brokered deposits.
Integrity Bank, Jupiter, FL PR-134-2009 July 31, 2009 $119.0 $102.0 Stonegate Bank, Fort Lauderdale, FL, has agreed to assume all deposits, excluding certain brokered deposits.
First State Bank of Altus, Altus, OK PR-133-2009 July 31, 2009 $103.4 $98.2 Herring Bank, Amarillo, TX, has agreed to assume all deposits.
Security Bank of Bibb County, Macon, GA PR-130-2009 July 24, 2009 $1,200.0 $1,000.0 State Bank and Trust Company, Pinehurst, GA, has agreed to assume all deposits.
Security Bank of Houston County, Perry, GA PR-130-2009 July 24, 2009 $383.0 $320.0 State Bank and Trust Company, Pinehurst, GA, has agreed to assume all deposits.
Security Bank of Jones County, Gray, GA PR-130-2009 July 24, 2009 $453.0 $387.0 State Bank and Trust Company, Pinehurst, GA, has agreed to assume all deposits.
Security Bank of Gwinnett County, Suwanee, GA PR-130-2009 July 24, 2009 $322.0 $292.0 State Bank and Trust Company, Pinehurst, GA, has agreed to assume all deposits.
Security Bank of North Metro, Woodstock, GA PR-130-2009 July 24, 2009 $224.0 $212.0 State Bank and Trust Company, Pinehurst, GA, has agreed to assume all deposits.
Security Bank of North Fulton, Alpharetta, GA PR-130-2009 July 24, 2009 $209.0 $191.0 State Bank and Trust Company, Pinehurst, GA, has agreed to assume all deposits.
Waterford Village Bank, Williamsville, NY PR-129-2009 July 24, 2009 $61.4 $58.0 Evans Bank, National Association, Angola, NY, has agreed to assume all deposits.
Temecula Valley Bank, Temecula, CA PR-126-2009 July 17, 2009 $1,500.0 $1,300.0 First-Citizens Bank & Trust Company, Raleigh, North Carolina, has agreed to assume all deposits, excluding certain brokered deposits.
Vineyard Bank, National Association, Rancho Cucamonga, CA PR-125-2009 July 17, 2009 $1,900.0 $1,600.0 California Bank & Trust, San Diego, CA, has agreed to assume all deposits, excluding certain brokered deposits.
BankFirst, Sioux Falls, SD PR-124-2009 July 17, 2009 $275.0 $254.0 Alerus Financial, National Association, Grand Forks, ND, has agreed to assume all deposits.
First Piedmont Bank, Winder, GA PR-123-2009 July 17, 2009 $115.0 $109.0 First American Bank and Trust Company, Athens, GA, has agreed to assume all deposits.
Bank of Wyoming, Thermopolis, WY PR-122-2009 July 10, 2009 $70.0 $67.0 Central Bank & Trust, Lander, WY, has agreed to assume all deposits, excluding certain brokered deposits.
Founders Bank, Worth, IL PR-119-2009 July 2, 2009 $962.5 $848.9 The PrivateBank and Trust Company, Chicago, IL, has agreed to assume all deposits.
Millennium State Bank of Texas, Dallas, TX PR-118-2009 July 2, 2009 $118.0 $115.0 State Bank of Texas, Irving, Texas, has agreed to assume all deposits.
The First National Bank of Danville, Danville, IL PR-117-2009 July 2, 2009 $166.0 $147.0 First Financial Bank, National Association, Terre Haute, Indiana, has agreed to assume all deposits.
The Elizabeth State Bank, Elizabeth, IL PR-116-2009 July 2, 2009 $55.5 $50.4 Galena State Bank and Trust Company, Galena, IL, has agreed to assume all deposits.
Rock River Bank, Oregon, IL PR-115-2009 July 2, 2009 $77.0 $75.8 The Harvard State Bank, Harvard, Illinois, has agreed to assume all deposits.
The First State Bank of Winchester, Winchester, IL PR-114-2009 July 2, 2009 $36.0 $34.0 The First National Bank of Beardstown, Beardstown, IL, has agreed to assume all deposits.
The John Warner Bank, Clinton, IL PR-113-2009 July 2, 2009 $70.0 $64.0 State Bank of Lincoln, Lincoln, IL, has agreed to assume all deposits.
JuneBack to top
Mirae Bank, Los Angeles, CA PR-105-2009 June 26, 2009 $456.0 $362.0 Wilshire State Bank, Los Angeles, CA, has agreed to assume all deposits.
MetroPacific Bank, Irvine, CA PR-104-2009 June 26, 2009 $80.0 $73.0 Sunwest Bank, Tustin, CA, has agreed to assume all non-brokered deposits.
Horizon Bank, Pine City, MN PR-103-2009 June 26, 2009 $87.6 $69.4 Stearns Bank National Association, St. Cloud, Minnesota, has agreed to assume all deposits, excluding certain brokered deposits.
Neighborhood Community Bank, Newnan, GA PR-102-2009 June 26, 2009 $221.6 $191.3 CharterBank, West Point, GA, has agreed to assume all deposits.
Community Bank of West Georgia, Villa Rica, GA PR-101-2009 June 26, 2009 $199.4 $182.5 The FDIC has approved the payout of the insured deposits of Community Bank of West Georgia.
First National Bank of Anthony, Anthony, KS PR-096-2009 June 19, 2009 $156.9 $142.5 Bank of Kansas, South Hutchinson, Kansas, has agreed to assume all deposits.
Cooperative Bank, Wilmington, NC PR-095-2009 June 19, 2009 $970.0 $774.0 First Bank, Troy, NC, has agreed to assume all deposits, excluding certain brokered deposits.
Southern Community Bank, Fayetteville, GA PR-094-2009 June 19, 2009 $377.0 $307.0 United Community Bank, Blairsville, GA, has agreed to assume all deposits.
Bank of Lincolnwood, Lincolnwood, IL PR-086-2009 June 5, 2009 $214.0 $202.0 Republic Bank of Chicago, Oak Brook, Illinois, has agreed to assume all deposits.
MayBack to top
Citizens National Bank, Macomb, IL PR-076-2009 May 22, 2009 $437.0 $400.0 Morton Community Bank, Morton, IL, has agreed to assume all non-brokered deposits.
Strategic Capital Bank, Champaign, IL PR-075-2009 May 22, 2009 $537.0 $471.0 Midland States Bank, Effingham, IL, has agreed to assume all deposits.
BankUnited, FSB, Coral Gables, FL PR-072-2009 May 21, 2009 $12,800.0 $8,600.0 BankUnited, Coral Gables, FL, has agreed to assume all deposits.
Westsound Bank, Bremerton, WA PR-069-2009 May 8, 2009 $334.6 $304.5 Kitsap Bank, Port Orchard, WA, has agreed to assume all non-brokered deposits.
America West Bank, Layton, UT PR-063-2009 May 1, 2009 $299.4 $284.1 Cache Valley Bank, Logan, Utah, has agreed to assume all deposits.
Citizens Community Bank, Ridgewood, NJ PR-062-2009 May 1, 2009 $45.1 $43.7 North Jersey Community Bank, Englewood Cliffs, NJ, has agreed to assume all deposits.
Silverton Bank, National Association, Atlanta, GA PR-061-2009 May 1, 2009 $4,100.0 $3,300.0 The FDIC created a bridge bank, Silverton Bridge Bank, National Association, to take over operations.
AprilBack to top
First Bank of Idaho, Ketchum, ID PR-060-2009 April 24, 2009 $488.9 $374.0 U.S. Bank, National Association, Minneapolis, MN, has agreed to assume all non-brokered deposits.
First Bank of Beverly Hills, Calabasas, CA PR-059-2009 April 24, 2009 $1,500.0 $1,000.0 The FDIC has approved the payout of the insured deposits of First Bank of Beverly Hills.
Michigan Heritage Bank, Farmington Hills, MI PR-058-2009 April 24, 2009 $184.6 $151.7 Level One Bank, Farmington Hills, MI, has agreed to assume all deposits.
American Southern Bank, Kennesaw, GA PR-057-2009 April 24, 2009 $112.3 $104.3 Bank of North Georgia, Alpharetta, GA, has agreed to assume all non-brokered deposits.
Great Basin Bank of Nevada, Elko, NV PR-055-2009 April 17, 2009 $270.9 $221.4 Nevada State Bank, Las Vegas, NV, has agreed to assume all deposits.
American Sterling Bank, Sugar Creek, MO PR-054-2009 April 17, 2009 $181.0 $171.9 Metcalf Bank, Lee's Summit, Missouri, has agreed to assume all deposits
New Frontier Bank, Greeley, CO PR-053-2009 ) April 10, 2009 $2,000.0 $1,500.0 Deposit Insurance National Bank of Greeley, Greeley, Colorado has agreed to assume the non-brokered insured deposits.
Cape Fear Bank, Wilmington, NC PR-052-2009 April 10, 2009 $492.0 $403.0 First Federal Savings and Loan Association, Charleston, South Carolina, has agreed to assume all deposits, excluding certain brokered deposits.
MarchBack to top
Omni National Bank, Atlanta, GA PR-050-2009 March 27, 2009 $956.0 $796.8 SunTrust Bank, Atlanta, GA has agreed to assume the non-brokered insured deposits.
TeamBank, National Association, Paola, KS PR-046-2009 March 20, 2009 $669.8 $492.8 Great Southern Bank, Springfield, Missouri, has agreed to assume all deposits.
Colorado National Bank, Colorado Springs, CO PR-045-2009 March 20, 2009 $123.5 $82.7 Herring Bank, Amarillo, TX has agreed to assume all deposits.
FirstCity Bank, Stockbridge, GA PR-044-2009 March 20, 2009 $297.0 $278.0 The FDIC has approved the payout of the insured deposits of FirstCity Bank.
Freedom Bank of Georgia, Commerce, GA PR-037-2009 March 6, 2009 $173.0 $161.0 Northeast Georgia Bank, Lavonia, Georgia has agreed to assume all deposits.
FebruaryBack to top
Security Savings Bank, Henderson, NV PR-032-2009 February 27, 2009 $238.3 $175.2 Bank of Nevada, Las Vegas, NV has agreed to assume all non-brokered deposits.
Heritage Community Bank, Glenwood, IL PR-031-2009 February 27, 2009 $232.9 $218.6 The MB Financial Bank, National Association, Chicago, Illinois has agreed to assume all deposits.
Silver Falls Bank, Silverton, OR PR-024-2009 February 20, 2009 $131.4 $116.3 Citizens Bank, Corvallis, Oregon has agreed to assume all deposits.
Pinnacle Bank, Beaverton, OR PR-023-2009 February 13, 2009 $73.0 $64.0 Washington Trust Bank, Spokane, WA has agreed to assume all deposits.
Corn Belt Bank and Trust Company, Pittsfield, IL PR-022-2009 February 13, 2009 $271.8 $234.4 The Carlinville National Bank, Carlinville, Illinois has agreed to assume all non-brokered deposits.
Riverside Bank of the Gulf Coast, Cape Coral, FL PR-021-2009 February 13, 2009 $539.0 $424.0 TIB Bank, Naples, Florida has agreed to assume all non-brokered deposits.
Sherman County Bank, Loup City, NE PR-020-2009 February 13, 2009 $129.8 $85.1 Heritage Bank, Wood River, NE has agreed to assume all deposits.
County Bank, Merced, CA PR-019-2009 February 6, 2009 $1,700.0 $1,300.0 Westamerica Bank, San Rafael, CA has agreed to assume all deposits
Alliance Bank, Culver City, CA PR-018-2009 February 6, 2009 $1,140.0 $951.0 California Bank & Trust, San Diego, California has agreed to assume all deposits.
FirstBank Financial Services, McDonough, GA PR-017-2009 February 6, 2009 $337.0 $279.0 Regions Bank, Birmingham, Alabama has agreed to assume all deposits.
JanuaryBack to top
Ocala National Bank, Ocala, FL PR-014-2009 January 30, 2009 $223.5 $205.2 CenterState Bank of Florida, Winter Haven, FL has agreed to assume all non-brokered deposits.
Suburban Federal Savings Bank, Crofton, MD PR-013-2009 January 30, 2009 $360.0 $302.0 Bank of Essex, Tappahannock, VA has agreed to assume all deposits.
MagnetBank, Salt Lake City, UT PR-012-2009 January 30, 2009 $292.9 $282.8 The FDIC has approved the payout of the insured deposits of MagnetBank.
1st Centennial Bank, Redlands, CA PR-007-2009 January 23, 2009 $803.3 $676.9 First California Bank, Westlake Village, CA has agreed to assume the non-brokered insured deposits.
Bank of Clark County, Vancouver, WA PR-006-2009 January 16, 2009 $446.5 $366.5 Umpqua Bank, Roseburg, Oregon has agreed to assume the non-brokered insured deposits.
National Bank of Commerce, Berkeley, IL PR-005-2009 January 16, 2009 $430.9 $402.1 In addition to assuming all of the failed bank's deposits, Republic Bank of Chicago, Oak Brook, IL 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.

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