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Bank Failures in Brief – 2019

There were 4 bank failures in 2019. See detailed descriptions below.

Todate, there were no bank failures in 2019. Bank Failures in November 2019Bank Failures in October 2019 Bank Failures in May 2019

Please select the buttons below for other years' information.

2019 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 0 0 0 0 1 0 0 0 0 2 1 0
Total Assets (Millions) 0 0 0 0 36.7 0 0 0 0 56.8 120.6 0

2019 Bank Failure Details
Bank Name, City, ST Press Release
(PR)
Closing Date Approx. Asset
(Millions)
Approx. Deposit
(Millions)
Acquirer & Transaction
November
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.
October
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.
May
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.

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