List of bank failures in the United States (2008–present)
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 $31 billion.[ 7] [ 8]
2008
Twenty-five (twenty-six including the Utah-based wholly owned subsidiary of Washington Mutual, which was covered under the same FDIC closure notice as its parent company)[ 9] banks failed in 2008[ 2]
Bank
City
State
Date
Acquired by
Assets ($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
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
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
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
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
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
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
Eight banks failed in 2015[ 11]
Bank
City
State
Date
Acquired by
Assets ($mil.)
1
First National Bank of Crestview
Crestview
Florida
January 16, 2015
First NBC Bank
79.7
2
Highland Community Bank
Chicago
Illinois
January 23, 2015
United Fidelity Bank, FSB
54.7
3
Capitol City Bank and Trust
Atlanta
Georgia
February 13, 2015
First-Citizens Bank and Trust Company
272.3
4
Doral Bank
San Juan
Puerto Rico
February 27, 2015
Banco Popular de Puerto Rico
5,900
5
Edgebrook Bank
Chicago
Illinois
May 8, 2015
Republic Bank of Chicago
90.0
6
Premier Bank
Denver
Colorado
July 10, 2015
United Fidelity Bank, FSB
31.7
7
The Bank of Georgia
Peachtree City
Georgia
October 2, 2015
Fidelity Bank
294.2
8
Hometown National Bank
Longview
Washington
October 2, 2015
Twin City Bank
4.9
2016
Five banks failed in 2016[ 11]
2017
Eight banks failed in 2017[ 11]
Bank
City
State
Date
Acquired By
Assets ($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
No banks failed in 2018.[ 11]
2019
Four banks failed in 2019[ 11]
2020
Four banks failed in 2020[ 11]
2021
No banks failed in 2021.[ 11]
2022
No banks failed in 2022.[ 11]
2023
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 ($mil.)
1
Silvergate Bank
San Diego
California
March 8, 2023
None (Wound down voluntarily)[ 13]
16,000[ 14]
2
Silicon Valley Bank
Santa Clara
California
March 10, 2023
First Citizens BancShares
209,000
3
Signature Bank
New York City
New York
March 12, 2023
Flagstar Bank
118,445[ 15]
4
First Republic Bank
San Francisco
California
May 1, 2023
JPMorgan Chase
229,000[ 11]
5
Heartland Tri-State Bank
Elkhart
Kansas
July 28, 2023
Dream First Bank, National Association
139[ 16]
6
Citizens Bank
Sac City
Iowa
November 3, 2023
Iowa Trust & Savings Bank
66[ 17]
2024
Two banks failed in 2024.[ 11]
2025
As of January 18, 2025, one bank has failed in 2025.[ 11]
Bank
City
State
Date
Acquired by
Assets ($mil.)
1
Pulaski Savings Bank
Chicago
Illinois
January 17, 2025
Millennium Bank
49.5
See also
References
^ "How to Make This the Last Banking Bailout" . The New York Times . New York Times. March 14, 2023.
^ 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 .
^ 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 .
^ "How to Make This the Last Banking Bailout" . The New York Times . New York Times. March 14, 2023.
^ "When a Bank Fails—Facts for Depositors, Creditors, and Borrowers" . Federal Deposit Insurance Corporation. Retrieved September 26, 2008 .
^ "FDIC approves $250,000 insurance limit" . International Herald Tribune . October 10, 2008. Retrieved October 11, 2008 .
^ 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 .
^ Sorkin, Andrew Ross; Eric Dash (September 25, 2008). "Government Seizes WaMu and Sells Some Assets" . The New York Times . Retrieved September 26, 2008 .
^ "JPMorgan Chase Acquires Banking Operations of Washington Mutual" (Press release). Federal Deposit Insurance Corporation. September 25, 2008.
^ "Former Mastro property in Redmond sells for $3.5 million - Puget Sound Business Journal" . Bizjournals.com. May 3, 2013. Retrieved January 19, 2014 .
^ a b c d e f g h i j k l m n "Failed Bank List" . Federal Deposit Insurance Corporation. Retrieved February 3, 2017 .
^ Sigalos, MacKenzie (March 8, 2023). "Crypto-focused bank Silvergate is shutting operations and liquidating after market meltdown" . CNBC . Retrieved March 17, 2023 .
^ "Silvergate Capital Corporation Announces Intent to Wind Down Operations and Voluntarily Liquidate Silvergate Bank" . ir.silvergate.com .
^ "Silvergate Capital Total Assets 2019-2022 | SI" . macrotrends.net .
^ "Signature Bank Total Assets 2010-2022 | SBNY" . macrotrends.net .
^ "Dream First Bank, National Association, of Syracuse, Kansas, Assumes All of the Deposits of Heartland Tri-State Bank of Elkhart, Kansas" . FDIC .
^ "Iowa Trust & Savings Bank, Emmetsburg, Iowa, Assumes All of the Deposits of Citizens Bank, Sac City, Iowa" . FDIC .
External links
Information related to List of bank failures in the United States (2008–present)