Bank Failures in Brief – 2019
There were 4 bank failures in 2019. See detailed descriptions below.
Please select the buttons below for other years' information.
|Total Assets (Millions)||0||0||0||0||36.7||0||0||0||0||56.8||120.6||0|
|Bank Name, City, ST||Press Release
|Closing Date||Approx. Asset
|Acquirer & Transaction|
|City National Bank of New Jersey, Newark, NJ||PR-101-2019||November 1, 2019||$120.6||$111.2||Industrial Bank has agreed to assume all deposits.|
|Resolute Bank, Maumee, OH||PR-097-2019||October 25, 2019||$27.1||$26.2||Buckeye State Bank has agreed to assume all deposits.|
|Louisa Community Bank, Louisa, KY||PR-096-2019||October 25, 2019||$29.7||$26.5||Kentucky Farmers Bank Corporation has agreed to assume all deposits.|
|The Enloe State Bank, Cooper, TX||PR-046-2019||May 31, 2019||$36.7||$31.3||Legend Bank, N.A. has agreed to assume the insured deposits.|