WASHINGTON, May 21 (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, FDIC cost 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 Cal. 803.3 676.9 227.0 Jan 23 MagnetBank Utah 292.9 282.8 119.4 Jan 30 Suburban Federal Md. 360.0 302.0 126.0 Jan 30 Ocala Nat'l Bank Fla 223.5 205.2 99.6 Jan 30 FirstBank Financial Ga. 337.0 279.0 111.0 Feb 6 Alliance Bank Cal. 1,140.0 951.0 206.0 Feb 6 County Bank Cal. 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 Ore. 73.0 64.0 12.1 Feb 13 Silver Falls Bank Ore. 131.4 116.3 50.0 Feb 20 Security Savings Bank Nev. 238.3 175.2 59.1 Feb 27 Heritage Community Bnk Ill. 232.9 218.6 41.6 Feb 27 Freedom Bank Ga. 173.0 161.0 36.2 Mar 6 FirstCity Bank Ga. 297.0 278.0 100.0 Mar 20 TeamBank N.A. Kan. 669.8 492.8 98.0 Mar 20 Colorado Natl Bank Colo. 123.5 82.7 9.0 Mar 20 Omni National Bank Ga. 956.0 796.8 290.0 Mar 27 Cape Fear Bank N.C. 492.0 403.0 131.0 Apr 10 New Frontier Bank Colo. 2,000.0 1,500.0 670.0 Apr 10 Great Basin Bank Nev. 270.9 221.4 42.0 Apr 17 American Sterling Mo. 181.0 171.9 42.0 Apr 17 American Southern Bank Ga. 112.3 104.3 41.9 Apr 24 Michigan Heritage Bank Mich. 184.6 151.7 71.3 Apr 24 1st Bank Beverly Hills Cal. 1,500.0 1,000.0 394.0 Apr 24 First Bank of Idaho Idaho 488.9 374.0 191.2 Apr 24 Silverton Bank Ga. 4,100.0 3,300.0 1,300.0 May 1 Citizens Comm'ty Bank N.J. 45.1 43.7 11.5 May 1 America West Bank Utah 299.4 284.1 119.4 May 1 Westsound Bank Wash. 334.6 304.5 108.0 May 8 BankUnited Fla. 12,800.0 8,600.0 4,900.0 May 21
* 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 are insured by the National Credit Union Administration. Nor does the table include the Eastern Financial Florida Credit Union, also insured by NCUA and placed into conservatorship on April 24.
Keywords: FINANCIAL/BANK FAILURES (Company news team 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.
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, FDIC cost 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 Cal. 803.3 676.9 227.0 Jan 23 MagnetBank Utah 292.9 282.8 119.4 Jan 30 Suburban Federal Md. 360.0 302.0 126.0 Jan 30 Ocala Nat'l Bank Fla 223.5 205.2 99.6 Jan 30 FirstBank Financial Ga. 337.0 279.0 111.0 Feb 6 Alliance Bank Cal. 1,140.0 951.0 206.0 Feb 6 County Bank Cal. 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 Ore. 73.0 64.0 12.1 Feb 13 Silver Falls Bank Ore. 131.4 116.3 50.0 Feb 20 Security Savings Bank Nev. 238.3 175.2 59.1 Feb 27 Heritage Community Bnk Ill. 232.9 218.6 41.6 Feb 27 Freedom Bank Ga. 173.0 161.0 36.2 Mar 6 FirstCity Bank Ga. 297.0 278.0 100.0 Mar 20 TeamBank N.A. Kan. 669.8 492.8 98.0 Mar 20 Colorado Natl Bank Colo. 123.5 82.7 9.0 Mar 20 Omni National Bank Ga. 956.0 796.8 290.0 Mar 27 Cape Fear Bank N.C. 492.0 403.0 131.0 Apr 10 New Frontier Bank Colo. 2,000.0 1,500.0 670.0 Apr 10 Great Basin Bank Nev. 270.9 221.4 42.0 Apr 17 American Sterling Mo. 181.0 171.9 42.0 Apr 17 American Southern Bank Ga. 112.3 104.3 41.9 Apr 24 Michigan Heritage Bank Mich. 184.6 151.7 71.3 Apr 24 1st Bank Beverly Hills Cal. 1,500.0 1,000.0 394.0 Apr 24 First Bank of Idaho Idaho 488.9 374.0 191.2 Apr 24 Silverton Bank Ga. 4,100.0 3,300.0 1,300.0 May 1 Citizens Comm'ty Bank N.J. 45.1 43.7 11.5 May 1 America West Bank Utah 299.4 284.1 119.4 May 1 Westsound Bank Wash. 334.6 304.5 108.0 May 8 BankUnited Fla. 12,800.0 8,600.0 4,900.0 May 21
* 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 are insured by the National Credit Union Administration. Nor does the table include the Eastern Financial Florida Credit Union, also insured by NCUA and placed into conservatorship on April 24.
Keywords: FINANCIAL/BANK FAILURES (Company news team 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.