April 10 (Reuters) - Following is a list of U.S. bank
failures so far this year, according to the Federal Deposit
Insurance Corp. Details about each bank closure are posted at
http://www.fdic.gov/bank/individual/failed/banklist.html.
U.S. BANK FAILURES IN 2009**
(assets, deposits in million dollars)
BANK STATE ASSETS DEPOSITS FDIC CLOSING
COST DATE Nat'l Bank of Comm. Ill. 430.9 402.1 97.1 Jan 16 Bank of Clark County Wash. 446.5 366.5 145.0* Jan 16 1st Centennial Bank Calif. 803.3 676.9 227.0 Jan 23 MagnetBank Utah 292.9 282.8 119.4 Jan 30 Suburban Federal Marylnd 360.0 302.0 126.0 Jan 30 Ocala Nat'l Bank Fla 223.5 205.2 99.6 Jan 30 FirstBank Financial Georgia 337.0 279.0 111.0 Feb 6 Alliance Bank Calif 1,140.0 951.0 206.0 Feb 6 County Bank Calif 1,700.0 1,300.0 135.0 Feb 6 Sherman County Bank Neb. 129.8 85.1 28.0 Feb 13 Riverside Bank Fla. 539.0 424.0 201.5 Feb 13 Corn Belt Bank Ill. 271.8 234.4 100.0 Feb 13 Pinnacle Bank Oregon 73.0 64.0 12.1 Feb 13 Silver Falls Bank Oregon 131.4 116.3 50.0 Feb 20 Security Savings Bank Nevada 238.3 175.2 59.1 Feb 27 Heritage Community Bnk Ill. 232.9 218.6 41.6 Feb 27 Freedom Bank Georgia 173.0 161.0 36.2 Mar 6 FirstCity Bank Georgia 297.0 278.0 100.0 Mar 20 TeamBank N.A. Kansas 669.8 492.8 98.0 Mar 20 Colorado Natl Bank Colo. 123.5 82.7 9.0 Mar 20 Omni National Bank Georgia 956.0 796.8 290.0 Mar 27 Cape Fear Bank NC 492.0 403.0 131.0 Apr 10
* FDIC estimated the cost to its insurance fund at between $120 million and $145 million
** Table does not include two corporate credit unions that were placed into conservatorship on March 20. The U.S. Central Federal Credit Union in Kansas and the Western Corporate Federal Credit Union in California, which provide products to the overall credit union system, are insured by the National Credit Union Administration.
Keywords: FINANCIAL/BANK FAILURES (Companies news desk in Washington, +1 202 898 8400) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
U.S. BANK FAILURES IN 2009**
(assets, deposits in million dollars)
BANK STATE ASSETS DEPOSITS FDIC CLOSING
COST DATE Nat'l Bank of Comm. Ill. 430.9 402.1 97.1 Jan 16 Bank of Clark County Wash. 446.5 366.5 145.0* Jan 16 1st Centennial Bank Calif. 803.3 676.9 227.0 Jan 23 MagnetBank Utah 292.9 282.8 119.4 Jan 30 Suburban Federal Marylnd 360.0 302.0 126.0 Jan 30 Ocala Nat'l Bank Fla 223.5 205.2 99.6 Jan 30 FirstBank Financial Georgia 337.0 279.0 111.0 Feb 6 Alliance Bank Calif 1,140.0 951.0 206.0 Feb 6 County Bank Calif 1,700.0 1,300.0 135.0 Feb 6 Sherman County Bank Neb. 129.8 85.1 28.0 Feb 13 Riverside Bank Fla. 539.0 424.0 201.5 Feb 13 Corn Belt Bank Ill. 271.8 234.4 100.0 Feb 13 Pinnacle Bank Oregon 73.0 64.0 12.1 Feb 13 Silver Falls Bank Oregon 131.4 116.3 50.0 Feb 20 Security Savings Bank Nevada 238.3 175.2 59.1 Feb 27 Heritage Community Bnk Ill. 232.9 218.6 41.6 Feb 27 Freedom Bank Georgia 173.0 161.0 36.2 Mar 6 FirstCity Bank Georgia 297.0 278.0 100.0 Mar 20 TeamBank N.A. Kansas 669.8 492.8 98.0 Mar 20 Colorado Natl Bank Colo. 123.5 82.7 9.0 Mar 20 Omni National Bank Georgia 956.0 796.8 290.0 Mar 27 Cape Fear Bank NC 492.0 403.0 131.0 Apr 10
* FDIC estimated the cost to its insurance fund at between $120 million and $145 million
** Table does not include two corporate credit unions that were placed into conservatorship on March 20. The U.S. Central Federal Credit Union in Kansas and the Western Corporate Federal Credit Union in California, which provide products to the overall credit union system, are insured by the National Credit Union Administration.
Keywords: FINANCIAL/BANK FAILURES (Companies news desk in Washington, +1 202 898 8400) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.