Wikipedia

List of bank failures in the United States (2008–present)

(Redirected from 2008–2010 bank failures in the United States)

On average, between 1980 and 1994, a US bank failed every three days. The pace of bankruptcies peaked immediately after the 2008 financial crisis.[1] The 2007–2008 financial crisis led to many bank failures in the United States. The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012.[2] In contrast, in the five years prior to 2008, only 10 banks failed.[2][3] At the end of 2022, the US banking industry had a total of about $620 billion in unrealized losses as a result of investments weakened by rising interest rates.[4]

A bank failure is the closing of a bank by a federal or state banking regulatory agency. The FDIC is named as receiver for a bank's assets when its capital levels are too low, or it cannot meet obligations the next day.[3][5] After a bank's assets are placed into receivership, the FDIC acts in two capacities—first, it pays insurance to the depositors, up to the deposit insurance limit, for assets not sold to another bank. Second, as the receiver of the failed bank, it assumes the task of selling and collecting the assets of the failed bank and settling its debts, including claims for deposits in excess of the insured limit. The FDIC insures up to $250,000 per depositor, per insured bank, as a result of the Emergency Economic Stabilization Act of 2008, which raised the limit from $100,000.[6]

The receivership of Washington Mutual Bank by federal regulators on September 26, 2008, was the largest bank failure in U.S. history. Regulators simultaneously brokered the sale of most of the banks's assets to JPMorgan Chase, which planned to write down the value of Washington Mutual's loans at least $31 billion.[7][8]

2008

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Twenty-five (twenty-six including the Utah-based wholly owned subsidiary of Washington Mutual, which was covered under the same FDIC closure notice as its parent company)[9] banks failed in 2008[2]

Bank City State Date Acquired by Assets
 ($mil.)
1 Douglass National Bank Kansas City Missouri January 25, 2008 Liberty Bank and Trust 58.5
2 Hume Bank Hume Missouri March 7, 2008 Security Bank 18.7
3 Bear Stearns New York City New York March 16, 2008 J.P. Morgan Chase 395,000
4 ANB Financial N.A. Bentonville Arkansas May 9, 2008 Pulaski Bank and Trust Company 2,100
5 First Integrity Bank, N.A. Staples Minnesota May 30, 2008 First International Bank and Trust 54.7
6 IndyMac Pasadena California July 11, 2008 OneWest Bank, FSB 32,000
7 First National Bank of Nevada Reno Nevada July 25, 2008 Mutual of Omaha Bank 3,400
8 First Heritage Bank, N.A. Newport Beach California July 25, 2008 Mutual of Omaha Bank 254
9 First Priority Bank Bradenton Florida August 1, 2008 SunTrust Banks 259
10 The Columbian Bank and Trust Company Topeka Kansas August 22, 2008 Citizens Bank and Trust 752
11 Integrity Bank Alpharetta Georgia August 29, 2008 Regions Bank 1,100
12 Silver State Bank Henderson Nevada September 5, 2008 Nevada State Bank 2,000
13 Ameribank Northfork West Virginia September 19, 2008 The Citizens Savings Bank
Pioneer Community Bank 		113
14 Washington Mutual Bank Seattle Washington September 25, 2008 JPMorgan Chase & Co 307,000
15 Main Street Bank Northville Michigan October 10, 2008 Monroe Bank and Trust 98
16 Meridian Bank Eldred Illinois October 10, 2008 National Bank 39.2
17 Alpha Bank & Trust Alpharetta Georgia October 24, 2008 Stearns Bank, N.A. 354.1
18 Freedom Bank Bradenton Florida October 31, 2008 Fifth Third Bank 287
19 Franklin Bank Houston Texas November 7, 2008 Prosperity Bank 5,100
20 Security Pacific Bank Los Angeles California November 7, 2008 Pacific Western Bank 561.1
21 The Community Bank Loganville Georgia November 21, 2008 Bank of Essex 681.0
22 Downey Savings and Loan Newport Beach California November 21, 2008 U.S. Bank, N.A. 12,800
23 PFF Bank and Trust Pomona California November 21, 2008 U.S. Bank, N.A. 3,700
24 First Georgia Community Bank Jackson Georgia December 5, 2008 United Bank 237.5
25 Haven Trust Bank Duluth Georgia December 12, 2008 Branch Banking and Trust Company (BB&T) 572
26 Sanderson State Bank Sanderson Texas December 12, 2008 The Pecos County State Bank 37

2009

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One hundred forty banks failed in 2009[2]

Bank City State Date Acquired by Assets
 ($mil.)
1 National Bank of Commerce Berkeley Illinois January 16, 2009 Republic Bank of Chicago 430.9
2 Bank of Clark County Vancouver Washington January 16, 2009 Umpqua Bank 446.5
3 1st Centennial Bank Redlands California January 23, 2009 First California Bank 803.3
4 MagnetBank Salt Lake City Utah January 30, 2009 None (insured depositors paid directly) 292.9
5 Suburban FSB Crofton Maryland January 30, 2009 Bank of Essex 360
6 Ocala National Bank Ocala Florida January 30, 2009 CenterState Bank of Florida, N.A. 223.5
7 FirstBank Financial Service McDonough Georgia February 6, 2009 Regions Bank 337
8 Alliance Bank Culver City California February 6, 2009 California Bank and Trust 1,140
9 County Bank Merced California February 6, 2009 Westamerica Bank 1,700
10 Sherman County Bank Loup City Nebraska February 13, 2009 Heritage Bank 129.8
11 Riverside Bank of the Gulf Coast Cape Coral Florida February 13, 2009 TIB Bank 539
12 Corn Belt Bank & Trust Co. Pittsfield Illinois February 13, 2009 The Carlinville National Bank 271.8
13 Pinnacle Bank of Oregon Beaverton Oregon February 13, 2009 Washington Trust Bank of Spokane 73
14 Silver Falls Bank Silverton Oregon February 20, 2009 Citizens Bank 131.4
15 Heritage Community Bank Glenwood Illinois February 27, 2009 MB Financial Bank, N.A. 232.9
16 Security Savings Bank Henderson Nevada February 27, 2009 Bank of Nevada 238.3
17 Freedom Bank of Georgia Commerce Georgia March 6, 2009 Northeast Georgia Bank 173
18 FirstCity Bank Stockbridge Georgia March 20, 2009 None (insured depositors paid directly) 297
19 Colorado National Bank Colorado Springs Colorado March 20, 2009 Herring Bank 123.9
20 TeamBank, N.A. Paola Kansas March 20, 2009 Great Southern Bank 669.8
21 Omni National Bank Atlanta Georgia March 27, 2009 SunTrust Bank 956.0
22 Cape Fear Bank Wilmington North Carolina April 10, 2009 First Federal Savings and Loan Association 492
23 New Frontier Bank Greeley Colorado April 10, 2009 None (Wound down by FDIC as receiver) 2,000
24 American Sterling Bank Sugar Creek Missouri April 17, 2009 Metcalf Bank 181
25 Great Basin Bank of Nevada Elko Nevada April 17, 2009 Nevada State Bank 271
26 American Southern Bank Kennesaw Georgia April 24, 2009 Bank of North Georgia 112.3
27 Michigan Heritage Bank Farmington Hills Michigan April 24, 2009 Level One Bank 184.6
28 First Bank of Beverly Hills Calabasas California April 24, 2009 None (insured depositors paid directly) 1,500
29 First Bank of Idaho Ketchum Idaho April 24, 2009 U.S. Bank, N.A. 488.9
30 Silverton Bank, N.A. Atlanta Georgia May 1, 2009 None (insured depositors paid directly) 4,100
31 Citizens Community Bank Ridgewood New Jersey May 1, 2009 North Jersey Community Bank 45.1
32 America West Bank Layton Utah May 1, 2009 Cache Valley Bank 299.4
33 Westsound Bank Bremerton Washington May 8, 2009 Kitsap Bank 334.6
34 BankUnited FSB Coral Gables Florida May 21, 2009 BankUnited 12,800
35 Strategic Capital Bank Champaign Illinois May 22, 2009 Midland States Bank 537
36 Citizens National Bank Macomb Illinois May 22, 2009 Morton Community Bank 437
37 Bank of Lincolnwood Lincolnwood Illinois June 5, 2009 Republic Bank of Chicago 214
38 Southern Community Bank Fayetteville Georgia June 19, 2009 United Community Bank 377
39 Cooperative Bank Wilmington North Carolina June 19, 2009 First Bank 970
40 First National Bank of Anthony Anthony Kansas June 19, 2009 Bank of Kansas 156.9
41 Community Bank of West Georgia Villa Rica Georgia June 26, 2009 None (insured depositors paid directly) 199.4
42 Neighborhood Community Bank Newnan Georgia June 26, 2009 Charterbank 221.6
43 Horizon Bank Pine City Minnesota June 26, 2009 Stearns Bank, N.A. 87.6
44 MetroPacific Bank Irvine California June 26, 2009 Sunwest Bank 80
45 Mirae Bank Los Angeles California June 26, 2009 Wilshire State Bank 456
46 First National Bank of Danville Danville Illinois July 2, 2009 First Financial Bank, N.A. 166
47 Rock River Bank Oregon Illinois July 2, 2009 The Harvard State Bank 77
48 John Warner Bank Clinton Illinois July 2, 2009 State Bank of Lincoln 70
49 First State Bank of Winchester Winchester Illinois July 2, 2009 The First National Bank of Beardstown 36
50 Elizabeth State Bank Elizabeth Illinois July 2, 2009 Galena State Bank and Trust Company 56
51 Millennium State Bank of Texas Dallas Texas July 2, 2009 State Bank of Texas 118
52 Founders Bank Worth Illinois July 2, 2009 The PrivateBank and Trust Company 963
53 Bank of Wyoming Thermopolis Wyoming July 10, 2009 Central Bank and Trust 70
54 Temecula Valley Bank Temecula California July 17, 2009 First-Citizens Bank and Trust Company 1,500
55 Vineyard Bank Rancho Cucamonga California July 17, 2009 California Bank and Trust 1,900
56 BankFirst Sioux Falls South Dakota July 17, 2009 Alerus Financial, N.A. 275
57 First Piedmont Bank Winder Georgia July 17, 2009 First American Bank and Trust Company 115
58 Security Bank of Bibb County Macon Georgia July 24, 2009 State Bank and Trust Company 1,200
59 Security Bank of North Metro Woodstock Georgia July 24, 2009 State Bank and Trust Company 224
60 Security Bank of North Fulton Alpharetta Georgia July 24, 2009 State Bank and Trust Company 209
61 Security Bank of Gwinnett County Suwanee Georgia July 24, 2009 State Bank and Trust Company 322
62 Security Bank of Jones County Gray Georgia July 24, 2009 State Bank and Trust Company 453
63 Security Bank of Houston County Perry Georgia July 24, 2009 State Bank and Trust Company 383
64 Waterford Village Bank Williamsville New York July 24, 2009 Evans Bank, N.A. 61
65 Integrity Bank Jupiter Florida July 31, 2009 Stonegate Bank 119
66 First State Bank of Altus Altus Oklahoma July 31, 2009 Herring Bank 103
67 First BankAmericano Elizabeth New Jersey July 31, 2009 Crown Bank 166
68 Peoples Community Bank West Chester Ohio July 31, 2009 First Financial Bank, N.A. 706
69 Mutual Bank Harvey Illinois July 31, 2009 United Central Bank 1,600
70 First State Bank Sarasota Florida August 7, 2009 Stearns Bank, N.A. 463
71 Community National Bank of Sarasota County Venice Florida August 7, 2009 Stearns Bank, N.A. 97
72 Community First Bank Prineville Oregon August 7, 2009 Home Federal Bank 209
73 Union Bank, N.A. Gilbert Arizona August 14, 2009 MidFirst Bank 124
74 Dwelling House Savings and Loan Association Pittsburgh Pennsylvania August 14, 2009 PNC Bank, N.A. 13
75 Colonial Bank Montgomery Alabama August 14, 2009 Branch Banking and Trust (BB&T) 25,000
76 Community Bank of Arizona Phoenix Arizona August 14, 2009 MidFirst Bank 156
77 Community Bank of Nevada Las Vegas Nevada August 14, 2009 None (insured depositors paid directly) 159
78 First Coweta Bank Newnan Georgia August 21, 2009 United Bank 167
79 Guaranty Bank Austin Texas August 21, 2009 BBVA Compass 13,000
80 CapitalSouth Bank Birmingham Alabama August 21, 2009 IBERIABANK 617
81 ebank Atlanta Georgia August 21, 2009 Stearns Bank, N.A. 143
82 Bradford Bank Baltimore Maryland August 28, 2009 Manufacturers & Traders Trust Company 452
83 Mainstreet Bank Forest Lake Minnesota August 28, 2009 Central Bank 459
84 Affinity Bank Ventura California August 28, 2009 Pacific Western Bank 1,000
85 First Bank of Kansas City Kansas City Missouri September 4, 2009 Great American Bank 16
86 InBank Oak Forest Illinois September 4, 2009 MB Financial Bank, N.A. 212
87 Vantus Bank Sioux City Iowa September 4, 2009 Great Southern Bank 458
88 Platinum Community Bank Rolling Meadows Illinois September 4, 2009 None (insured depositors paid directly) 346
89 First State Bank Flagstaff Arizona September 4, 2009 Sunwest Bank 105
90 Corus Bank Chicago Illinois September 11, 2009 MB Financial Bank, N.A. 7,000
91 Brickwell Community Bank Woodbury Minnesota September 11, 2009 CorTrust Bank, N.A. 72
92 Venture Bank Lacey Washington September 11, 2009 First-Citizens Bank and Trust Company 970
93 Irwin Union Bank and Trust Company Columbus Indiana September 18, 2009 First Financial Bank, N.A. 2,700
94 Irwin Union Bank, F.S.B. Louisville Kentucky September 18, 2009 First Financial Bank, N.A. 493
95 Georgian Bank Atlanta Georgia September 25, 2009 First Citizens Bank and Trust Company 2,000
96 Warren Bank Warren Michigan October 2, 2009 The Huntington National Bank 538
97 Jennings State Bank Spring Grove Minnesota October 2, 2009 Central Bank 56
98 South Colorado National Bank Pueblo Colorado October 2, 2009 Legacy Bank 40
99 San Joaquin Bank Bakersfield California October 16, 2009 Citizens Business Bank 775
100 Partners Bank Naples Florida October 23, 2009 Stonegate Bank 66
101 American United Bank Lawrenceville Georgia October 23, 2009 Ameris Bank 111
102 Hillcrest Bank Florida Naples Florida October 23, 2009 Hillcrest Bank, N.A. 83
103 Flagship National Bank Bradenton Florida October 23, 2009 First Federal Bank of Florida 190
104 Bank of Elmwood Racine Wisconsin October 23, 2009 Tri City National Bank 327
105 Riverview Community Bank Otsego Minnesota October 23, 2009 Central Bank 108
106 First DuPage Bank of Westmont Westmont Illinois October 23, 2009 First Midwest Bank 279
107 Community Bank of Lemont Lemont Illinois October 30, 2009 U.S. Bank, N.A. 82
108 Bank USA, N.A. Phoenix Arizona October 30, 2009 U.S. Bank, N.A. 213
109 California National Bank Los Angeles California October 30, 2009 U.S. Bank, N.A. 7,800
110 San Diego National Bank San Diego California October 30, 2009 U.S. Bank, N.A. 3,600
111 Pacific National Bank San Francisco California October 30, 2009 U.S. Bank, N.A. 2,300
112 Park National Bank Chicago Illinois October 30, 2009 U.S. Bank, N.A. 4,700
113 Citizens National Bank Teague Texas October 30, 2009 U.S. Bank, N.A. 118
114 Madisonville State Bank Madisonville Texas October 30, 2009 U.S. Bank, N.A. 257
115 North Houston Bank Houston Texas October 30, 2009 U.S. Bank, N.A. 326
116 United Security Bank Sparta Georgia November 6, 2009 Ameris Bank 157
117 Home Federal Savings Bank Detroit Michigan November 6, 2009 Liberty Bank and Trust Company 15
118 Prosperan Bank Oakdale Minnesota November 6, 2009 Alerus Financial, N.A. 200
119 Gateway Bank of St. Louis St. Louis Missouri November 6, 2009 Central Bank of Kansas City 28
120 United Commercial Bank San Francisco California November 6, 2009 East West Bank 11,200
121 Century Bank, F.S.B. Sarasota Florida November 13, 2009 IBERIABANK 728
122 Orion Bank Naples Florida November 13, 2009 IBERIABANK 2,700
123 Pacific Coast National Bank San Clemente California November 13, 2009 Sunwest Bank 134
124 Commerce Bank of Southwest Florida Fort Myers Florida November 20, 2009 Central Bank 80
125 The Buckhead Community Bank Atlanta Georgia December 4, 2009 State Bank and Trust 874
126 First Security National Bank Norcross Georgia December 4, 2009 State Bank and Trust 128
127 The Tattnall Bank Reidsville Georgia December 4, 2009 Heritage Bank of the South 50
128 AmTrust Bank Cleveland Ohio December 4, 2009 New York Community Bank 12,000
129 Benchmark Bank Aurora Illinois December 4, 2009 MB Financial Bank, N.A. 170
130 Greater Atlantic Bank Reston Virginia December 4, 2009 Sonabank 203
131 Republic Federal Bank, N.A. Miami Florida December 11, 2009 1st United Bank 433
132 Valley Capital Bank, N.A. Mesa Arizona December 11, 2009 Enterprise Bank and Trust 40
133 SolutionsBank Overland Park Kansas December 11, 2009 Arvest Bank 511
134 RockBridge Commercial Bank Atlanta Georgia December 18, 2009 None (insured depositors paid directly) 294
135 Peoples First Community Bank Panama City Florida December 18, 2009 Hancock Bank 1,800
136 Citizens State Bank New Baltimore Michigan December 18, 2009 None (insured depositors paid directly) 169
137 New South Federal Savings Bank Irondale Alabama December 18, 2009 Beal Bank 1,500
138 Independent Bankers' Bank Springfield Illinois December 18, 2009 The Independent Bankers Bank 586
139 Imperial Capital Bank La Jolla California December 18, 2009 City National Bank 4,000
140 First Federal Bank of California, F.S.B. Santa Monica California December 18, 2009 OneWest Bank, FSB 6,100

2010

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One hundred fifty-seven banks failed in 2010[2]

Bank City State Date Acquired by Assets
 ($mil.)
1 Horizon Bank Bellingham Washington January 8, 2010 Washington Federal Savings and Loan Association 1,300
2 Town Community Bank & Trust Antioch Illinois January 15, 2010 First American Bank 70
3 St. Stephen State Bank St. Stephen Minnesota January 15, 2010 First State Bank of St. Joseph 25
4 Barnes Banking Company Kaysville Utah January 15, 2010 None (insured depositors paid directly) 828
5 Premier American Bank Miami Florida January 22, 2010 Premier American Bank, N.A. 351
6 Bank of Leeton Leeton Missouri January 22, 2010 Sunflower Bank, N.A. 20
7 Charter Bank Santa Fe New Mexico January 22, 2010 Charter Bank 1,200
8 Evergreen Bank Seattle Washington January 22, 2010 Umpqua Bank 489
9 Columbia River Bank The Dalles Oregon January 22, 2010 Columbia State Bank 1,100
10 First National Bank of Georgia Carrollton Georgia January 29, 2010 Community and Southern Bank 833
11 Florida Community Bank Immokalee Florida January 29, 2010 Premier American Bank, N.A. 876
12 Marshall Bank, N.A. Hallock Minnesota January 29, 2010 United Valley Bank 60
13 Community Bank and Trust Cornelia Georgia January 29, 2010 SCBT, N.A. 1,210
14 First Regional Bank Los Angeles California January 29, 2010 First-Citizens Bank and Trust Company 2,180
15 American Marine Bank Bainbridge Island Washington January 29, 2010 Columbia State Bank 373
16 1st American State Bank of Minnesota Hancock Minnesota February 5, 2010 Community Development Bank, FSB 18
17 La Jolla Bank La Jolla California February 19, 2010 OneWest Bank, FSB 3,600
18 George Washington Savings Bank Orland Park Illinois February 19, 2010 FirstMerit Bank, N.A. 413
19 The La Coste National Bank La Coste Texas February 19, 2010 Community National Bank 54
20 Marco Community Bank Marco Island Florida February 19, 2010 Mutual of Omaha Bank 120
21 Carson River Community Bank Carson City Nevada February 26, 2010 Heritage Bank of Nevada 51
22 Rainier Pacific Bank Tacoma Washington February 26, 2010 Umpqua Bank 718
23 Centennial Bank Ogden Utah March 5, 2010 None (insured depositors paid directly) 215
24 Waterfield Bank Germantown Maryland March 5, 2010 None (insured depositors paid directly) 156
25 Bank of Illinois Normal Illinois March 5, 2010 Heartland Bank and Trust Company 212
26 Sun American Bank Boca Raton Florida March 5, 2010 First-Citizens Bank and Trust Company 536
27 LibertyPointe Bank New York New York March 12, 2010 Valley National Bank 210
28 The Park Avenue Bank New York New York March 12, 2010 Valley National Bank 520
29 Statewide Bank Covington Louisiana March 12, 2010 Home Bank 243
30 Old Southern Bank Orlando Florida March 12, 2010 Centennial Bank 316
31 American National Bank Parma Ohio March 19, 2010 The National Bank and Trust Company 70
32 Advanta Bank Corp Draper Utah March 19, 2010 None (insured depositors paid directly) 1,600
33 Century Security Bank Duluth Georgia March 19, 2010 Bank of Upson 97
34 Bank of Hiawassee Hiawassee Georgia March 19, 2010 Citizens South Bank 378
35 Appalachian Community Bank Ellijay Georgia March 19, 2010 Community and Southern Bank 1,010
36 First Lowndes Bank Luverne Alabama March 19, 2010 First Citizens Bank 137
37 State Bank of Aurora Aurora Minnesota March 19, 2010 Northern State Bank 28
38 Desert Hills Bank Phoenix Arizona March 26, 2010 New York Community Bank 497
39 Unity National Bank Cartersville Georgia March 26, 2010 Bank of the Ozarks 292
40 Key West Bank Key West Florida March 26, 2010 Centennial Bank 88
41 McIntosh Commercial Bank Carrollton Georgia March 26, 2010 Hamilton State Bank 363
42 Beach First National Bank Myrtle Beach South Carolina April 9, 2010 Bank of North Carolina 585
43 City Bank Lynnwood Washington April 16, 2010 Whidbey Island Bank 1,130
44 Tamalpais Bank San Rafael California April 16, 2010 Union Bank, N.A. 629
45 Innovative Bank Oakland California April 16, 2010 Center Bank 269
46 Butler Bank Lowell Massachusetts April 16, 2010 People's United Bank 268
47 Riverside National Bank of Florida Fort Pierce Florida April 16, 2010 TD Bank, N.A. 3,420
48 AmericanFirst Bank Clermont Florida April 16, 2010 TD Bank, N.A. 91
49 First Federal Bank of North Florida Palatka Florida April 16, 2010 TD Bank, N.A. 393
50 Lakeside Community Bank Sterling Heights Michigan April 16, 2010 None (insured depositors paid directly) 53
51 Amcore Bank Rockford Illinois April 23, 2010 Harris, N.A. 3,400
52 Broadway Bank Chicago Illinois April 23, 2010 MB Financial, N.A. 1,200
53 Citizens Bank and Trust Company of Chicago Chicago Illinois April 23, 2010 Republic Bank of Chicago 77
54 Lincoln Park Saving Bank Chicago Illinois April 23, 2010 Northbrook Bank and Trust Company 200
55 New Century Bank Chicago Illinois April 23, 2010 MB Financial, N.A. 486
56 Peotone Bank and Trust Company Peotone Illinois April 23, 2010 First Midwest Bank 130
57 Wheatland Bank Naperville Illinois April 23, 2010 Wheaton Bank and Trust 437
58 BC National Banks Butler Missouri April 30, 2010 Community First Bank 67
59 CF Bancorp Port Huron Michigan April 30, 2010 First Michigan Bank 1,650
60 Champion Bank Creve Coeur Missouri April 30, 2010 BankLiberty 187
61 Eurobank San Juan Puerto Rico April 30, 2010 Orient Bank and Trust 2,560
62 Frontier Bank Everett Washington April 30, 2010 Union Bank[10] 3,500
63 R-G Premier Bank of Puerto Rico Hato Rey Puerto Rico April 30, 2010 Scotiabank de Puerto Rico 5,920
64 Westernbank Puerto Rico Mayaguez Puerto Rico April 30, 2010 Banco Popular de Puerto Rico 11,940
65 1st Pacific Bank of California San Diego California May 7, 2010 City National Bank 336
66 Towne Bank of Arizona Mesa Arizona May 7, 2010 Commerce Bank of Arizona 120
67 Access Bank Champlin Minnesota May 7, 2010 PrinsBank 32
68 The Bank of Bonifay Bonifay Florida May 7, 2010 First Federal Bank of Florida 243
69 Midwest Bank and Trust Company Elmwood Park Illinois May 14, 2010 FirstMerit Bank, N.A. 3,170
70 New Liberty Bank Plymouth Michigan May 14, 2010 Bank of Ann Arbor 109
71 Satilla Community Bank St. Marys Georgia May 14, 2010 Ameris Bank 136
72 Southwest Community Bank Springfield Missouri May 14, 2010 Simmons First National Bank 97
73 Pinehurst Bank St. Paul Minnesota May 21, 2010 Coulee Bank 61
74 Bank of Florida-Southeast Fort Lauderdale Florida May 28, 2010 EverBank 595
75 Bank of Florida-Southwest Naples Florida May 28, 2010 EverBank 641
76 Bank of Florida-Tampa Bay Tampa Florida May 28, 2010 EverBank 245
77 Sun West Bank Las Vegas Nevada May 28, 2010 City National Bank 361
78 Granite Community Bank Granite Bay California May 28, 2010 Tri Counties Bank 103
79 TierOne Bank Lincoln Nebraska June 4, 2010 Great Western Bank 2,800
80 First National Bank Rosedale Mississippi June 4, 2010 The Jefferson Bank 60
81 Arcola Homestead Savings Bank Arcola Illinois June 4, 2010 None (insured depositors paid directly) 17
82 Washington First International Bank Seattle Washington June 11, 2010 East West Bank 521
83 Nevada Security Bank Reno Nevada June 18, 2010 Umpqua Bank 480
84 Peninsula Bank Englewood Florida June 25, 2010 Premier American Bank, N.A. 644
85 First National Bank Savannah Georgia June 25, 2010 The Savannah Bank 253
86 High Desert State Bank Albuquerque New Mexico June 25, 2010 First American Bank 81
87 Bay National Bank Baltimore Maryland July 9, 2010 Bay Bank, FSB 282
88 Ideal Federal Savings Bank Baltimore Maryland July 9, 2010 None (insured depositors paid directly) 6
89 USA Bank Port Chester New York July 9, 2010 New Century Bank 190
90 Home National Bank Blackwell Oklahoma July 9, 2010 RCB Bank 561
91 Woodlands Bank Bluffton South Carolina July 16, 2010 Bank of the Ozarks 376
92 First National Bank of the South Spartanburg South Carolina July 16, 2010 NAFH National Bank 682
93 Mainstreet Savings Bank Hastings Michigan July 16, 2010 Commercial Bank 97
94 Metro Bank of Dade County Miami Florida July 16, 2010 NAFH National Bank 442
95 Turnberry Bank Aventura Florida July 16, 2010 NAFH National Bank 264
96 Olde Cypress Community Bank Clewiston Florida July 16, 2010 CenterState Bank of Florida 169
97 Community Security Bank New Prague Minnesota July 23, 2010 Roundbank 108
98 Crescent Bank and Trust Co Jasper Georgia July 23, 2010 Renasant Bank 1,000
99 Sterling Bank Lantana Florida July 23, 2010 IBERIABANK 408
100 Williamsburg First National Bank Kingstree South Carolina July 23, 2010 First Citizens Bank and Trust Company 139
101 Thunder Bank Sylvan Grove Kansas July 23, 2010 The Bennington State Bank 33
102 SouthwestUSA Bank Las Vegas Nevada July 23, 2010 Plaza Bank 214
103 Home Valley Bank Cave Junction Oregon July 23, 2010 South Valley Bank and Trust 252
104 Bayside Savings Bank Port Saint Joe Florida July 30, 2010 Centennial Bank 66
105 Coastal Community Bank Panama City Florida July 30, 2010 Centennial Bank 373
106 NorthWest Bank and Trust Acworth Georgia July 30, 2010 State Bank and Trust Company 168
107 The Cowlitz Bank Longview Washington July 30, 2010 Heritage Bank 529
108 LibertyBank Eugene Oregon July 30, 2010 Home Federal Bank 768
109 Ravenswood Bank Chicago Illinois August 6, 2010 Northbrook Bank and Trust Company 265
110 Palos Bank and Trust Palos Heights Illinois August 13, 2010 First Midwest Bank 493
111 ShoreBank Chicago Illinois August 20, 2010 Urban Partnership Bank 2,160
112 Community National Bank at Bartow Bartow Florida August 20, 2010 CenterState Bank of Florida 68
113 Independent National Bank Ocala Florida August 20, 2010 CenterState Bank of Florida 156
114 Imperial Savings & Loan Martinsville Virginia August 20, 2010 River Community Bank, N.A. 9
115 Butte Community Bank Chico California August 20, 2010 Rabobank, N.A. 499
116 Pacific State Bank Stockton California August 20, 2010 Rabobank, N.A. 312
117 Los Padres Bank Solvang California August 20, 2010 Pacific Western Bank 870
118 Sonoma Valley Bank Sonoma California August 20, 2010 Westamerica Bank 337
119 Horizon Bank Bradenton Florida September 10, 2010 Bank of the Ozarks 188
120 Bank of Ellijay Ellijay Georgia September 17, 2010 Community and Southern Bank 169
121 First Commerce Community Bank Douglasville Georgia September 17, 2010 Community and Southern Bank 248
122 Peoples Bank Winder Georgia September 17, 2010 Community and Southern Bank 447
123 ISN Bank Cherry Hill New Jersey September 17, 2010 Customers Bank 82
124 Bramble Savings Bank Milford Ohio September 17, 2010 Foundation Bank 48
125 Maritime Savings Bank West Allis Wisconsin September 17, 2010 North Shore Bank, FSB 351
126 Haven Trust Bank Florida Ponte Vedra Beach Florida September 24, 2010 First Southern Bank 149
127 North County Bank Arlington Washington September 24, 2010 Whidbey Island Bank 289
128 Wakulla Bank Crawfordville Florida October 1, 2010 Centennial Bank 424
129 Shoreline Bank Shoreline Washington October 1, 2010 GBC International Bank 104
130 Security Savings Bank, FSB Olathe Kansas October 15, 2010 Simmons First National Bank 508
131 WestBridge Bank and Trust Company Chesterfield Missouri October 15, 2010 Midland State Bank 92
132 Premier Bank Jefferson City Missouri October 15, 2010 Providence Bank 1,200
133 Hillcrest Bank Overland Park Kansas October 22, 2010 Hillcrest Bank, N.A. 1,600
134 First Bank of Jacksonville Jacksonville Florida October 22, 2010 Ameris Bank 81
135 Progress Bank of Florida Tampa Florida October 22, 2010 Bay Cities Bank 111
136 First National Bank of Barnesville Barnesville Georgia October 22, 2010 United Bank 131
137 Gordon Bank Gordon Georgia October 22, 2010 Morris Bank 29
138 First Suburban National Bank Maywood Illinois October 22, 2010 Seaway Bank and Trust Company 149
139 First Arizona Savings Scottsdale Arizona October 22, 2010 None (insured depositors paid directly) 272
140 K Bank Randallstown Maryland November 5, 2010 Manufacturers and Traders Trust Company 538
141 Western Commercial Bank Woodland Hills California November 5, 2010 First California Bank 99
142 First Vietnamese American Bank Westminster California November 5, 2010 Grandpoint Bank 48
143 Pierce Commercial Bank Tacoma Washington November 5, 2010 Heritage Bank 221
144 Tifton Banking Company Tifton Georgia November 12, 2010 Ameris Bank 144
145 Darby Bank & Trust Vidalia Georgia November 12, 2010 Ameris Bank 655
146 Copper Star Bank Scottsdale Arizona November 12, 2010 Stearns Bank, N.A. 204
147 Gulf State Community Bank Carrabelle Florida November 19, 2010 Centennial Bank 112
148 Allegiance Bank of North America Bala Cynwyd Pennsylvania November 19, 2010 VIST Bank 106
149 First Banking Center Burlington Wisconsin November 19, 2010 First Michigan Bank 821
150 Paramount Bank Farmington Hills Michigan December 10, 2010 Level One Bank 253
151 Earthstar Bank Southampton Pennsylvania December 10, 2010 Polonia Bank 113
152 Chestatee State Bank Dawsonville Georgia December 17, 2010 Bank of the Ozarks 244
153 First Southern Bank Batesville Arkansas December 17, 2010 Southern Bank 156
154 Community National Bank Lino Lakes Minnesota December 17, 2010 Farmers & Merchants Savings Bank 29
155 United Americas Bank Atlanta Georgia December 17, 2010 State Bank and Trust Company 194
156 Appalachian Community Bank McCaysville Georgia December 17, 2010 Peoples Bank of East Tennessee 68
157 The Bank of Miami, N.A. Coral Gables Florida December 17, 2010 1st United Bank 448

2011

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Ninety-two banks failed in 2011[2]

Bank City State Date Acquired by Assets
 ($mil.)
1 First Commercial Bank of Florida Orlando Florida January 7, 2011 First Southern Bank 599
2 Legacy Bank Scottsdale Arizona January 7, 2011 Enterprise Bank and Trust 151
3 Oglethorpe Bank Brunswick Georgia January 14, 2011 Bank of the Ozarks 231
4 Enterprise Banking Company McDonough Georgia January 21, 2011 None (insured depositors paid directly) 96
5 CommunitySouth Bank and Trust Easley South Carolina January 21, 2011 CertusBank, N.A. 402
6 Bank of Asheville Asheville North Carolina January 21, 2011 First Bank 188
7 United Western Bank Denver Colorado January 21, 2011 First-Citizens Bank and Trust Company 1,650
8 FirsTier Bank Louisville Colorado January 28, 2011 None (insured depositors paid directly) 782
9 First Community Bank Taos New Mexico January 28, 2011 U.S. Bank, N.A. 2,300
10 First State Bank Camargo Oklahoma January 28, 2011 Bank 7 44
11 Evergreen State Bank Stoughton Wisconsin January 28, 2011 McFarland State Bank 247
12 American Trust Bank Roswell Georgia February 4, 2011 Renasant Bank 238
13 North Georgia Bank Watkinsville Georgia February 4, 2011 BankSouth 153
14 Community First Bank Chicago Illinois February 4, 2011 Northbrook Bank and Trust 51
15 Peoples State Bank Hamtramck Michigan February 11, 2011 First Michigan Bank 391
16 Canyon National Bank Palm Springs California February 11, 2011 Pacific Premier Bank 211
17 Sunshine State Community Bank Port Orange Florida February 11, 2011 Premier American Bank, N.A. 126
18 Badger State Bank Cassville Wisconsin February 11, 2011 Royal Bank 84
19 Habersham Bank Clarkesville Georgia February 18, 2011 SCBT, N.A. 387
20 Citizens Bank of Effingham Springfield Georgia February 18, 2011 Heritage Bank of the South 214
21 Charter Oak Bank Napa California February 18, 2011 Bank of Marin 121
22 San Luis Trust Bank, FSB San Luis Obispo California February 18, 2011 First California Bank 333
23 Valley Community Bank St. Charles Illinois February 25, 2011 First State Bank 123
24 First National Bank of Davis Davis Oklahoma March 11, 2011 The Pauls Valley National Bank 90
25 Legacy Bank Milwaukee Wisconsin March 11, 2011 Seaway Bank and Trust Company 190
26 Bank of Commerce Wood Dale Illinois March 25, 2011 Advantage National Bank Group 163
27 Western Springs National Bank and Trust Western Springs Illinois April 11, 2011 Heartland Bank and Trust Company 186
28 Nevada Commerce Bank Las Vegas Nevada April 11, 2011 City National Bank 144
29 Bartow County Bank Cartersville Georgia April 15, 2011 Hamilton State Bank 330
30 New Horizons Bank East Ellijay Georgia April 15, 2011 Citizens South Bank 110
31 Nexity Bank Birmingham Alabama April 15, 2011 AloStar Bank of Commerce 793
32 Superior Bank Birmingham Alabama April 15, 2011 Superior Bank, N.A. 3,000
33 Rosemount National Bank Rosemount Minnesota April 15, 2011 Central Bank 37
34 Heritage Banking Group Carthage Mississippi April 15, 2011 TrustMark National Bank 224
35 Community Central Bank Mount Clemens Michigan April 29, 2011 Talmer Bank and Trust 476
36 Park Avenue Bank Valdosta Georgia April 29, 2011 Bank of the Ozarks 953
37 First Choice Community Bank Dallas Georgia April 29, 2011 Bank of the Ozarks 309
38 Cortez Community Bank Brooksville Florida April 29, 2011 Florida Community Bank 71
39 First National Bank of Central Florida Winter Park Florida April 29, 2011 Florida Community Bank 352
40 Coastal Bank Cocoa Beach Florida May 6, 2011 Florida Community Bank 129
41 Atlantic Southern Bank Macon Georgia May 20, 2011 CertusBank, N.A. 742
42 First Georgia Banking Company Franklin Georgia May 20, 2011 CertusBank, N.A. 731
43 Summit Bank Burlington Washington May 20, 2011 Columbia State Bank 143
44 First Heritage Bank Snohomish Washington May 27, 2011 Columbia State Bank 174
45 Atlantic Bank and Trust Charleston South Carolina June 3, 2011 First Citizens Bank and Trust Company 208
46 McIntosh State Bank Jackson Georgia June 17, 2011 Hamilton Bank 339.9
47 First Commercial Bank of Tampa Bay Tampa Florida June 17, 2011 Stonegate Bank 98.6
48 Mountain Heritage Bank Clayton Georgia June 24, 2011 First American Bank and Trust Company 103.7
49 First Chicago Bank & Trust Chicago Illinois July 8, 2011 Northbrook Bank and Trust Company 959.3
50 Colorado Capital Bank Castle Rock Colorado July 8, 2011 First-Citizens Bank and Trust Company 717.5
51 Signature Bank Windsor Colorado July 8, 2011 Points West Community Bank 66.7
52 One Georgia Bank Atlanta Georgia July 15, 2011 Ameris Bank 186.3
53 High Trust Bank Stockbridge Georgia July 15, 2011 Ameris Bank 192.5
54 First Peoples Bank Port St. Lucie Florida July 15, 2011 Premier American Bank, N.A. 228.3
55 Summit Bank Prescott Arizona July 15, 2011 The Foothills Bank 72.0
56 Southshore Community Bank Apollo Beach Florida July 22, 2011 American Momentum Bank 46.3
57 LandMark Bank of Florida Sarasota Florida July 22, 2011 American Momentum Bank 275.0
58 Bank of Choice Greeley Colorado July 22, 2011 Bank Midwest, N.A. 1,070
59 Virginia Business Bank Richmond Virginia July 29, 2011 Xenith Bank 95.8
60 BankMeridian, N.A. Columbia South Carolina July 29, 2011 SCBT, N.A. 239.8
61 Integra Bank, N.A. Evansville Indiana July 29, 2011 Old National Bank 2,200
62 Bank of Shorewood Shorewood Illinois August 5, 2011 Heartland Bank and Trust Company 110.7
63 Bank of Whitman Colfax Washington August 5, 2011 Columbia State Bank 548.6
64 The First National Bank of Olathe Olathe Kansas August 12, 2011 Enterprise Bank and Trust 538.1
65 Public Savings Bank Huntingdon Valley Pennsylvania August 18, 2011 Capital Bank, N.A. 46.8
66 Lydian Private Bank Palm Beach Florida August 19, 2011 Sabadell United Bank, N.A. 1,700
67 First Southern National Bank Statesboro Georgia August 19, 2011 Heritage Bank of the South 164.6
68 First Choice Bank Geneva Illinois August 19, 2011 Inland Bank and Trust 141
69 Patriot Bank of Georgia Cumming Georgia September 2, 2011 Georgia Commerce Bank 150.8
70 CreekSide Bank Woodstock Georgia September 2, 2011 Georgia Community Bank 102.3
71 First National Bank of Florida Milton Florida September 9, 2011 Charter Bank 296.8
72 Bank of the Commonwealth Norfolk Virginia September 23, 2011 Southern Bank and Trust Company 985.1
73 Citizens Bank of Northern California Nevada City California September 23, 2011 Tri Counties Bank 288.8
74 First International Bank Plano Texas September 30, 2011 American First National Bank 239.9
75 The RiverBank Wyoming Minnesota October 7, 2011 Central Bank 417.4
76 Sun Security Bank Ellington Missouri October 7, 2011 Great Southern Bank 355.9
77 Piedmont Community Bank Gray Georgia October 14, 2011 State Bank and Trust Company 201.7
78 Blue Ridge Savings Bank Asheville North Carolina October 14, 2011 Bank of North Carolina 161
79 First State Bank Cranford New Jersey October 14, 2011 Northfield Bank (Staten Island, NY) 204.4
80 Country Bank Aledo Illinois October 14, 2011 Blackhawk Bank & Trust 190.6
81 Old Harbor Bank Clearwater Florida October 21, 2011 1st United Bank 215.9
82 Decatur First Bank Decatur Georgia October 21, 2011 Fidelity Bank 191.5
83 Community Capital Bank Jonesboro Georgia October 21, 2011 State Bank and Trust Company 181.2
84 Community Banks of Colorado Greenwood Village Colorado October 21, 2011 Bank Midwest, N.A. 1,380
85 All American Bank Des Plaines Illinois October 28, 2011 International Bank of Chicago 37.8
86 Mid City Bank, Inc. Omaha Nebraska November 4, 2011 Premier Bank 106.1
87 SunFirst Bank Saint George Utah November 4, 2011 Cache Valley Bank 376.2
88 Community Bank of Rockmart Rockmart Georgia November 10, 2011 Century Bank of Georgia 62.4
89 Polk County Bank Johnston Iowa November 18, 2011 Grinnell State Bank 91.6
90 Central Progressive Bank Lacombe Louisiana November 18, 2011 First NBC Bank 383.1
91 Premier Community Bank of the Emerald Coast Crestview Florida December 16, 2011 Summit Bank 126.0
92 Western National Bank Phoenix Arizona December 16, 2011 Washington Federal 162.9

2012

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Fifty-one banks failed in 2012[2]

Bank City State Date Acquired by Assets
 ($mil.)
1 Central Florida State Bank Belleview Florida January 20, 2012 CenterState Bank of Florida 79.1
2 The First State Bank Stockbridge Georgia January 20, 2012 Hamilton State Bank 536.9
3 American Eagle Savings Bank Boothwyn Pennsylvania January 20, 2012 Capital Bank, N.A. 19.6
4 First Guaranty Bank and Trust Company of Jacksonville Jacksonville Florida January 27, 2012 CenterState Bank of Florida 377.9
5 Tennessee Commerce Bank Franklin Tennessee January 27, 2012 Republic Bank & Trust Company 1,185
6 Patriot Bank Minnesota Forest Lake Minnesota January 27, 2012 First Resource Bank 111.3
7 BankEast Knoxville Tennessee January 27, 2012 U.S. Bancorp 272.6
8 Charter National Bank and Trust Hoffman Estates Illinois February 10, 2012 Barrington Bank & Trust Company, N.A. 93.9
9 SCB Bank Shelbyville Indiana February 10, 2012 First Merchants Bank, N.A. 182.6
10 Central Bank of Georgia Ellaville Georgia February 24, 2012 Ameris Bank 278.9
11 Home Savings of America Little Falls Minnesota February 24, 2012 None (Closed permanently by the FDIC) 434.1
12 Global Commerce Bank Doraville Georgia March 2, 2012 Metro City Bank 143.7
13 New City Bank Chicago Illinois March 9, 2012 None (Closed permanently by the FDIC) 71.2
14 Covenant Bank & Trust Rock Spring Georgia March 23, 2012 Stearns Bank, N.A. 95.7
15 Premier Bank Wilmette Illinois March 23, 2012 International Bank of Chicago 268.7
16 Fidelity Bank Dearborn Michigan March 30, 2012 Huntington National Bank 818.2
17 Fort Lee Federal Savings Bank, FSB Fort Lee New Jersey April 20, 2012 Alma Bank 51.9
18 Bank of the Eastern Shore Cambridge Maryland April 27, 2012 None (Wound down by FDIC as receiver) 166.7
19 HarVest Bank of Maryland Gaithersburg Maryland April 27, 2012 Sonabank 164.3
20 Inter Savings Bank, FSB Maple Grove Minnesota April 27, 2012 Great Southern Bank 481.6
21 Plantation Federal Bank Pawleys Island South Carolina April 27, 2012 First Federal Bank 486.4
22 Palm Desert National Bank Palm Desert California April 27, 2012 Pacific Premier 125.8
23 Security Bank, N.A. North Lauderdale Florida May 4, 2012 Banesco 101.0
24 Alabama Trust Bank, N.A. Sylacauga Alabama May 18, 2012 Southern States Bank 51.6
25 First Capital Bank Kingfisher Oklahoma June 8, 2012 F & M Bank 46.1
26 Carolina Federal Savings Bank Charleston South Carolina June 8, 2012 Bank of North Carolina 54.4
27 Farmers and Traders State Bank Shabbona Illinois June 8, 2012 First State Bank 43.1
28 Waccamaw Bank Whiteville North Carolina June 8, 2012 First Community Bank 533.1
29 Putnam State Bank Palatka Florida June 15, 2012 Harbor Community Bank 169.5
30 Security Exchange Bank Marietta Georgia June 15, 2012 Fidelity Bank 151.0
31 The Farmers Bank of Lynchburg Lynchburg Tennessee June 15, 2012 Clayton Bank and Trust 163.9
32 Montgomery Bank and Trust Ailey Georgia July 6, 2012 Ameris 173.6
33 Glasgow Savings Bank Glasgow Missouri July 13, 2012 Regional Missouri Bank 24.8
34 Royal Palm Bank of Florida Naples Florida July 20, 2012 First National Bank of the Gulf Coast 87.0
35 Georgia Trust Bank Buford Georgia July 20, 2012 Community & Southern Bank 119.8
36 First Cherokee State Bank Woodstock Georgia July 20, 2012 Community & Southern Bank 222.7
37 Heartland Bank Leawood Kansas July 20, 2012 Metcalf Bank 110.0
38 Second Federal Savings and Loan Association of Chicago Chicago Illinois July 20, 2012 Hinsdale Bank & Trust Company 199.1
39 Jasper Banking Company Jasper Georgia July 27, 2012 Stearns Bank, N.A. 216.7
40 Waukegan Savings Bank Waukegan Illinois August 3, 2012 First Midwest Bank 88.9
41 First Community Bank Bloomington Minnesota September 7, 2012 Republic Bank & Trust Company 215.9
42 Truman Bank St. Louis Missouri September 14, 2012 Simmons First National Bank 282.3
43 First United Bank Crete Illinois September 28, 2012 Old Plank Trail Community Bank, National Association 328.4
44 GulfSouth Private Bank Destin Florida October 19, 2012 SmartBank 159.1
45 First East Side Savings Bank Tamarac Florida October 19, 2012 Stearns Bank, N.A. 67.2
46 Excel Bank Sedalia Missouri October 19, 2012 Simmons First National Bank 200.6
47 NOVA Bank Berwyn Pennsylvania October 26, 2012 NONE (Permanently closed by the Pennsylvania Department of Banking & Securities) 483.0
48 Heritage Bank of Florida Lutz Florida November 2, 2012 Centennial Bank 225.5
49 Citizens First National Bank Princeton Illinois November 2, 2012 Heartland Bank and Trust Company 924.0
50 Hometown Community Bank Braselton Georgia November 16, 2012 CertusBank, National Association 124.6
51 Community Bank of the Ozarks Sunrise Beach Missouri December 14, 2012 Bank of Sullivan 42.8

2013

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Twenty-four banks failed in 2013[11]

Bank City State Date Acquired by Assets
 ($mil.)
1 Westside Community Bank University Place Washington January 11, 2013 Sunwest Bank 97.7
2 1st Regents Bank Andover Minnesota January 18, 2013 First Minnesota Bank 50.2
3 Covenant Bank Chicago Illinois February 15, 2013 Liberty Bank and Trust Company 58.4
4 Frontier Bank LaGrange Georgia March 8, 2013 HeritageBank of the South 258.8
5 Gold Canyon Bank Gold Canyon Arizona April 5, 2013 First Scottsdale Bank, N.A. 45.2
6 First Federal Bank Lexington Kentucky April 19, 2013 Your Community Bank 100.1
7 Heritage Bank of North Florida Orange Park Florida April 19, 2013 FirstAtlantic Bank 110.9
8 Chipola Community Bank Marianna Florida April 19, 2013 First Federal Bank of Florida 39.2
9 Parkway Bank Lenoir North Carolina April 26, 2013 CertusBank, N.A. 108.6
10 Douglas County Bank Douglasville Georgia April 26, 2013 Hamilton State Bank 316.5
11 Pisgah Community Bank Asheville North Carolina May 10, 2013 Capital Bank, N.A. 21.9
12 Sunrise Bank Valdosta Georgia May 10, 2013 Synovus Bank 60.8
13 Central Arizona Bank Scottsdale Arizona May 14, 2013 Western State Bank 31.6
14 Banks of Wisconsin Kenosha Wisconsin May 31, 2013 North Shore Bank, FSB 134.0
15 1st Commerce Bank North Las Vegas Nevada June 6, 2013 Plaza Bank 20.2
16 Mountain National Bank Sevierville Tennessee June 7, 2013 First Tennessee Bank, National Association 437.3
17 First Community Bank of South Florida Fort Myers Florida August 2, 2013 C1 Bank 265.7
18 Bank of Wausau Wausau Wisconsin August 9, 2013 Nicolet National Bank 43.6
19 Community South Bank Parsons Tennessee August 23, 2013 CB&S Bank, Inc. 386.9
20 Sunrise Bank of Arizona Phoenix Arizona August 23, 2013 First Fidelity Bank, National Association 202.2
21 The Community's Bank Bridgeport Connecticut September 13, 2013 None (insured depositors paid directly) 26.3
22 First National Bank, also operating as The National Bank of El Paso Edinburg Texas September 13, 2013 PlainsCapital Bank 3,100
23 Bank of Jackson County Graceville Florida October 30, 2013 First Federal Bank of Florida 25.5
24 Texas Community Bank, National Association The Woodlands Texas December 13, 2013 Spirit of Texas Bank, SSB 180.1

2014

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Eighteen banks failed in 2014[11]

Bank City State Date Acquired by Assets
 ($mil.)
1 Dupage National Bank West Chicago Illinois January 17, 2014 Republic Bank of Chicago 61.7
2 The Bank of Union El Reno Oklahoma January 24, 2014 BancFirst 331.40
3 Syringa Bank Boise Idaho January 31, 2014 Sunwest Bank 153.40
4 Vantage Point Bank Horsham Pennsylvania February 28, 2014 First Choice Bank 63.5
5 Millennium Bank, National Association Sterling Virginia February 28, 2014 WashingtonFirst Bank 130.3
6 Allendale County Bank Fairfax South Carolina April 25, 2014 Palmetto State Bank 54.5
7 AztecAmerica Bank En Español Berwyn Illinois May 16, 2014 Republic Bank of Chicago 66.3
8 Columbia Savings Bank Cincinnati Ohio May 23, 2014 United Fidelity Bank, fsb 36.5
9 Slavie Federal Savings Bank Bel Air Maryland May 30, 2014 Bay Bank, FSB 140.1
10 Valley Bank Moline Illinois June 20, 2014 Great Southern Bank 456.4
11 Valley Bank Fort Lauderdale Florida June 20, 2014 Landmark Bank, National Association 81.8
12 The Freedom State Bank Freedom Oklahoma June 27, 2014 Alva State Bank & Trust Company 22.8
13 Eastside Commercial Bank Conyers Georgia July 18, 2014 Community & Southern Bank 169.0
14 GreenChoice Bank, fsb Chicago Illinois July 25, 2014 Providence Bank, LLC 72.9
15 NBRS Financial Rising Sun Maryland October 17, 2014 Howard Bank 188.2
16 The National Republic Bank of Chicago Chicago Illinois October 24, 2014 State Bank of Texas 954.4
17 Frontier Bank, FSB D/B/A El Paseo Bank Palm Desert California November 7, 2014 Bank of Southern California, N.A. 86.4
18 Northern Star Bank Mankato Minnesota December 19, 2014 BankVista 18.2

2015

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Eight banks failed in 2015[11]

Bank City State Date Acquired by Assets
 ($mil.)
1 First National Bank of Crestview Crestview Florida January 16, 2015 First NBC Bank 79.7
2 Highland Community Bank Chicago Illinois January 23, 2015 United Fidelity Bank, FSB 54.7
3 Capitol City Bank and Trust Atlanta Georgia February 13, 2015 First-Citizens Bank and Trust Company 272.3
4 Doral Bank San Juan Puerto Rico February 27, 2015 Banco Popular de Puerto Rico 5,900
5 Edgebrook Bank Chicago Illinois May 8, 2015 Republic Bank of Chicago 90.0
6 Premier Bank Denver Colorado July 10, 2015 United Fidelity Bank, FSB 31.7
7 The Bank of Georgia Peachtree City Georgia October 2, 2015 Fidelity Bank 294.2
8 Hometown National Bank Longview Washington October 2, 2015 Twin City Bank 4.9

2016

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Five banks failed in 2016[11]

Bank City State Date Acquired By Assets ($mil.)
1 North Milwaukee State Bank Milwaukee Wisconsin March 11, 2016 First Citizens BancShares 67.1
2 Trust Company Bank Memphis Tennessee April 29, 2016 The Bank of Fayette County 20.7
3 First CornerStone King of Prussia Pennsylvania May 6, 2016 First Citizens BancShares 103.3
4 The Woodbury Banking Company Woodbury Georgia August 19, 2016 United Bank 21.4
5 Allied Bank Mulberry Arkansas September 23, 2016 Today's Bank 66.3

2017

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Eight banks failed in 2017[11]

Bank City State Date Acquired By Assets ($mil.)
1 Harvest Community Bank Pennsville New Jersey January 13, 2017 First Citizens BancShares 126.4
2 Seaway Bank and Trust Company Chicago Illinois January 27, 2017 State Bank of Texas 361.2
3 Proficio Bank Cottonwood Heights Utah March 3, 2017 Cache Valley Bank 68.2
4 First NBC Bank New Orleans Louisiana April 28, 2017 Whitney Bank 4,740
5 Guaranty Bank (d/b/a BestBank in Georgia and Michigan) Milwaukee Wisconsin May 5, 2017 First-Citizens Bank & Trust Company 13,000
6 Fayette County Bank St. Elmo Illinois May 26, 2017 United Fidelity Bank FSB 34.4
7 The Farmers and Merchants State Bank of Argonia Argonia Kansas October 13, 2017 Conway Bank 34.2
8 Washington Federal Bank for Savings Chicago Illinois December 15, 2017 Royal Savings Bank 144

2018

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No banks failed in 2018.[11]

2019

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Four banks failed in 2019[11]

Bank City State Date Acquired By Assets ($mil.)
1 The Enloe State Bank Cooper Texas May 31, 2019 Legend Bank, N.A. 36.7
2 Louisa Community Bank Louisa Kentucky October 25, 2019 Kentucky Farmers Bank Corporation 29.7
3 Resolute Bank Maumee Ohio October 25, 2019 Buckeye State Bank 27.1
4 City National Bank of New Jersey (City National) Newark New Jersey November 1, 2019 Industrial Bank 120.6

2020

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Four banks failed in 2020[11]

Bank City State Date Acquired By Assets ($mil.)
1 Ericson State Bank Ericson Nebraska February 14, 2020 Farmers and Merchants Bank 100.9
2 First State Bank of Barboursville Barboursville West Virginia April 3, 2020 MVB Bank Inc. 152.4
3 First City Bank of Florida Fort Walton Beach Florida October 16, 2020 United Fidelity Bank, fsb 134.7
4 Almena State Bank Almena Kansas October 23, 2020 Equity Bank 70

2021

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No banks failed in 2021.[11]

2022

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No banks failed in 2022.[11]

2023

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Further information: 2023 United States banking crisis

Five banks failed in 2023.[11] A sixth bank, Silvergate Bank, voluntarily wound down operations and liquidated.[12]

Bank City State Date Acquired By Assets ($mil.)
1 Silvergate Bank San Diego California March 8, 2023 None (Wound down voluntarily)[13] 16,000[14]
2 Silicon Valley Bank Santa Clara California March 10, 2023 First Citizens BancShares 209,000
3 Signature Bank New York City New York March 12, 2023 Flagstar Bank 118,445[15]
4 First Republic Bank San Francisco California May 1, 2023 JPMorgan Chase 229,000[11]
5 Heartland Tri-State Bank Elkhart Kansas July 28, 2023 Dream First Bank, National Association 139[16]
6 Citizens Bank Sac City Iowa November 3, 2023 Iowa Trust & Savings Bank 66[17]

2024

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As of October 18, 2024, two banks have failed in 2024.[11]

Bank City State Date Acquired by Assets
 ($mil.)
1 Republic First Bancorp Philadelphia Pennsylvania April 26, 2024 Fulton Bank 6,000
2 The First National Bank of Lindsay Lindsay Oklahoma October 18, 2024 First Bank & Trust Company 107.8

See also

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References

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  1. ^ "How to Make This the Last Banking Bailout". The New York Times. New York Times. March 14, 2023.
  2. ^ a b c d e f g "Failed Bank List". Federal Deposit Insurance Corporation. Archived from the original on November 15, 2013. Retrieved November 15, 2013.
  3. ^ a b Robertson Jr., Austin G. (August 4, 2008). "Do you know where your bank is?". Shreveport Times. Archived from the original on November 3, 2013. Retrieved August 4, 2008.
  4. ^ "How to Make This the Last Banking Bailout". The New York Times. New York Times. March 14, 2023.
  5. ^ "When a Bank Fails—Facts for Depositors, Creditors, and Borrowers". Federal Deposit Insurance Corporation. Retrieved September 26, 2008.
  6. ^ "FDIC approves $250,000 insurance limit". International Herald Tribune. October 10, 2008. Retrieved October 11, 2008.
  7. ^ Sidel, Robin; David Enrich; Dan Fitzpatrick (September 26, 2008). "WaMu Is Seized, Sold Off to J.P. Morgan, In Largest Failure in U.S. Banking History". The Wall Street Journal. Retrieved October 7, 2009.
  8. ^ Sorkin, Andrew Ross; Eric Dash (September 25, 2008). "Government Seizes WaMu and Sells Some Assets". The New York Times. Retrieved September 26, 2008.
  9. ^ "JPMorgan Chase Acquires Banking Operations of Washington Mutual" (Press release). Federal Deposit Insurance Corporation. September 25, 2008.
  10. ^ "Former Mastro property in Redmond sells for $3.5 million - Puget Sound Business Journal". Bizjournals.com. May 3, 2013. Retrieved January 19, 2014.
  11. ^ a b c d e f g h i j k l m "Failed Bank List". Federal Deposit Insurance Corporation. Retrieved February 3, 2017.
  12. ^ Sigalos, MacKenzie (March 8, 2023). "Crypto-focused bank Silvergate is shutting operations and liquidating after market meltdown". CNBC. Retrieved March 17, 2023.
  13. ^ "Silvergate Capital Corporation Announces Intent to Wind Down Operations and Voluntarily Liquidate Silvergate Bank". ir.silvergate.com.
  14. ^ "Silvergate Capital Total Assets 2019-2022 | SI". macrotrends.net.
  15. ^ "Signature Bank Total Assets 2010-2022 | SBNY". macrotrends.net.
  16. ^ "Dream First Bank, National Association, of Syracuse, Kansas, Assumes All of the Deposits of Heartland Tri-State Bank of Elkhart, Kansas". FDIC.
  17. ^ "Iowa Trust & Savings Bank, Emmetsburg, Iowa, Assumes All of the Deposits of Citizens Bank, Sac City, Iowa". FDIC.
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