2009
The list
of Bank Failures in Brief is updated through December 18, 2009. Please address
questions on this subject to the Customer Service Hotline (telephone: 888-206-4662).
December First
Federal Bank of California, F.S.B., Santa Monica, CA with approximately $6.1 billion
in assets and approximately $4.5 billion in deposits was closed. OneWest Bank,
Pasadena, CA has agreed to assume all deposits. (PR-239-2009) Imperial
Capital Bank, La Jolla, CA with approximately $4.0 billion in assets and approximately
$2.8 billion in deposits was closed. City National Bank, Los Angeles, CA has agreed
to assume all deposits, excluding certain brokered deposits. (PR-238-2009) Independent
Bankers' Bank, Springfield, IL, with approximately $585.5 million in assets and
$511.5 million in deposits was closed. The FDIC created a bridge bank, Independent
Bankers' Bank Bridge Bank (IBB Bridge Bank, N.A.), to take over operations. (PR-237-2009)
New South Federal
Savings Bank, Irondale, AL with approximately $1.5 billion in assets and approximately
$1.2 billion in deposits was closed. Beal Bank, Plano, TX has agreed to assume
all deposits. (PR-236-2009) Citizens
State Bank, New Baltimore, MI, with approximately $168.6 million in assets and
$157.1 million in deposits was closed. Deposit Insurance National Bank of New
Baltimore, New Baltimore, MI has agreed to assume insured deposits. (PR-235-2009)
Peoples First
Community Bank, Panama City, FL with approximately $1.8 billion in assets and
approximately $1.7 billion in deposits was closed. Hancock Bank, Gulfport, MS
has agreed to assume all deposits, excluding certain brokered deposits. (PR-234-2009)
RockBridge Commercial
Bank, Atlanta, GA, with approximately $294.0 million in assets and approximately
$291.7 million in deposits was approved for payout by the FDIC Board of Directors.
(PR-233-2009) SolutionsBank,
Overland Park, KS with approximately $511.1 million in assets and approximately
$421.3 million in deposits was closed. Arvest Bank, Fayetteville, AR has agreed
to assume all deposits, excluding certain brokered deposits. (PR-227-2009) Valley
Capital Bank, National Association, Mesa, AZ with approximately $40.3 million
in assets and approximately $41.3 million in deposits was closed. Enterprise Bank
& Trust, Clayton, MO has agreed to assume all deposits. (PR-226-2009) Republic
Federal Bank, National Association, Miami, FL with approximately $433.0 million
in assets and approximately $352.7 million in deposits was closed. 1st United
Bank, Boca Raton, FL has agreed to assume all deposits, excluding certain brokered
deposits. (PR-225-2009) Greater
Atlantic Bank, Reston, VA with approximately $203.0 million in assets and approximately
$179.0 million in deposits was closed. Sonabank, McLean, VA has agreed to assume
all deposits. (PR-224-2009) Benchmark
Bank, Aurora, IL with approximately $170.0 million in assets and approximately
$181.0 million in deposits was closed. MB Financial Bank, N.A., Chicago, IL has
agreed to assume all deposits, excluding certain brokered deposits. (PR-223-2009)
AmTrust Bank,
Cleveland, OH with approximately $12.0 billion in assets and approximately $8.0
billion in deposits was closed. New York Community Bank, Westbury, NY has agreed
to assume all deposits. (PR-222-2009) The
Tattnall Bank, Reidsville, GA with approximately $49.6 million in assets and approximately
$47.3 million in deposits was closed. HeritageBank of the South, Albany, GA has
agreed to assume all deposits, excluding certain brokered deposits. (PR-221-2009)
First Security
National Bank, Norcross, GA with approximately $128.0 million in assets and approximately
$123.0 million in deposits was closed. State Bank and Trust Company, Macon, GA
has agreed to assume all deposits, excluding certain brokered deposits. (PR-220-2009)
The Buckhead
Community Bank, Atlanta, GA with approximately $874.0 million in assets and approximately
$838.0 million in deposits was closed. State Bank and Trust Company, Macon, GA
has agreed to assume all deposits, excluding certain brokered deposits. (PR-219-2009)
November Commerce
Bank of Southwest Florida, Fort Myers, FL with approximately $79.7 million in
assets and approximately $76.7 million in deposits was closed. Central Bank, Stillwater,
MN has agreed to assume all deposits, excluding certain brokered deposits. (PR-211-2009)
Pacific Coast
National Bank, San Clemente, CA with approximately $134.4 million in assets and
approximately $130.9 million in deposits was closed. Sunwest Bank, Tustin, CA
has agreed to assume all deposits, excluding certain brokered deposits. (PR-207-2009)
Orion Bank, Naples,
FL with approximately $2.7 billion in assets and approximately $2.1 billion in
deposits was closed. IBERIABANK, Lafayette, LA has agreed to assume all deposits,
excluding certain brokered deposits. (PR-206-2009) Century
Bank, a Federal Savings Bank, Sarasota, FL with approximately $728 million in
assets and approximately $631 million in deposits was closed. IBERIABANK, Lafayette,
LA has agreed to assume all deposits, excluding certain brokered deposits. (PR-205-2009)
United Commercial
Bank, San Francisco, CA with approximately $11.2 billion in assets and approximately
$7.5 billion in deposits was closed. East West Bank, Pasadena, CA has agreed to
assume all deposits, excluding certain brokered deposits. (PR-201-2009) Gateway
Bank of St. Louis, St. Louis, MO with approximately $27.7 million in assets and
approximately $27.9 million in deposits was closed. Central Bank of Kansas City,
Kansas City, MO has agreed to assume all deposits. (PR-200-2009) Prosperan
Bank, Oakdale, MN with approximately $199.5 million in assets and approximately
$175.6 million in deposits was closed. Alerus Financial, National Association,
Grand Forks, ND has agreed to assume all deposits, excluding certain brokered
deposits. (PR-199-2009) Home
Federal Savings Bank, Detroit, MI, with approximately $14.9 million in assets
and approximately $12.8 million in deposits was closed. Liberty Bank and Trust
Company, New Orleans, LA has agreed to assume all deposits. (PR-198-2009) United
Security Bank, Sparta, GA with approximately $157 million in assets and approximately
$150 million in deposits was closed. Ameris Bank, Moultrie, GA has agreed to assume
all deposits, excluding certain brokered deposits. (PR-197-2009) October North
Houston Bank, Houston, TX, with approximately $326.2 million in assets and approximately
$308.0 million in deposits was closed. U.S. Bank National Association, Minneapolis,
MN has agreed to assume all deposits. (PR-195-2009) Madisonville
State Bank, Madisonville, TX, with approximately $256.7 million in assets and
approximately $225.2 million in deposits was closed. U.S. Bank National Association,
Minneapolis, MN has agreed to assume all deposits. (PR-195-2009) Citizens
National Bank, Teague, TX, with approximately $118.2 million in assets and approximately
$97.7 million in deposits was closed. U.S. Bank National Association, Minneapolis,
MN has agreed to assume all deposits. (PR-195-2009) Park
National Bank, Chicago, IL, with approximately $4.7 billion in assets and approximately
$3.7 billion in deposits was closed. U.S. Bank National Association, Minneapolis,
MN has agreed to assume all deposits. (PR-195-2009) Pacific
National Bank, San Francisco, CA, with approximately $2.3 billion in assets and
approximately $1.8 billion in deposits was closed. U.S. Bank National Association,
Minneapolis, MN has agreed to assume all deposits. (PR-195-2009) California
National Bank, Los Angeles, CA, with approximately $7.8 billion in assets and
approximately $6.2 billion in deposits was closed. U.S. Bank National Association,
Minneapolis, MN has agreed to assume all deposits. (PR-195-2009) San
Diego National Bank, San Diego, CA, with approximately $3.6 billion in assets
and approximately $2.9 billion in deposits was closed. U.S. Bank National Association,
Minneapolis, MN has agreed to assume all deposits. (PR-195-2009) Community
Bank of Lemont, Lemont, IL, with approximately $81.8 million in assets and approximately
$81.2 million in deposits was closed. U.S. Bank National Association, Minneapolis,
MN has agreed to assume all deposits. (PR-195-2009) Bank
USA, National Association, Phoenix, AZ, with approximately $212.8 million in assets
and approximately $117.1 million in deposits was closed. U.S. Bank National Association,
Minneapolis, MN has agreed to assume all deposits. (PR-195-2009) First
DuPage Bank, Westmont, IL with approximately $279 million in assets and approximately
$254 million in deposits was closed. First Midwest Bank, Itasca, IL has agreed
to assume all deposits, excluding certain brokered deposits. (PR-192-2009) Riverview
Community Bank, Otsego, MN, with approximately $108 million in assets and approximately
$80 million in deposits was closed. Central Bank, Stillwater, MN has agreed to
assume all deposits. (PR-191-2009) Bank
of Elmwood, Racine, WI with approximately $327.4 million in assets and approximately
$273.2 million in deposits was closed. Tri City National Bank, Oak Creek, WI has
agreed to assume all deposits, excluding certain brokered deposits. (PR-190-2009)
Flagship National
Bank, Bradenton, FL with approximately $190 million in assets and approximately
$175 million in deposits was closed. First Federal Bank of Florida, Lake City,
FL has agreed to assume all deposits. (PR-189-2009) Hillcrest
Bank Florida, Naples, FL with approximately $83 million in assets and approximately
$84 million in deposits was closed. Stonegate Bank, Fort Lauderdale, FL has agreed
to assume all deposits, excluding certain brokered deposits. (PR-188-2009) American
United Bank, Lawrenceville, GA with approximately $111 million in assets and approximately
$101 million in deposits was closed. Ameris Bank, Moultrie, GA has agreed to assume
all deposits. (PR-187-2009) Partners
Bank, Naples, FL with approximately $65.5 million in assets and approximately
$64.9 million in deposits was closed. Stonegate Bank, Fort Lauderdale, FL has
agreed to assume all deposits. (PR-186-2009) San
Joaquin Bank, Bakersfield, CA with approximately $775 million in assets and approximately
$631 million in deposits was closed. Citizens Business Bank, Ontario, CA has agreed
to assume all deposits, excluding certain brokered deposits. (PR-185-2009) Southern
Colorado National Bank, Pueblo, CO with approximately $39.5 million in assets
and approximately $31.9 million in deposits was closed. Legacy Bank, Wiley, CO
has agreed to assume all deposits. (PR-181-2009) Jennings
State Bank, Spring Grove, MN with approximately $56.3 million in assets and approximately
$52.4 million in deposits was closed. Central Bank, Stillwater, MN has agreed
to assume all deposits. (PR-180-2009) Warren
Bank, Warren, MI with approximately $538 million in assets and approximately $501
million in deposits was closed. The Huntington National Bank, Columbus, OH has
agreed to assume all deposits, excluding certain brokered deposits. (PR-179-2009)
September Georgian
Bank, Atlanta, GA with approximately $2 billion in assets and approximately $2
billion in deposits was closed. First Citizens Bank and Trust Company, Inc., Columbia,
SC has agreed to assume all deposits, excluding certain brokered deposits. (PR-177-2009) Irwin
Union Bank, F.S.B., Louisville, KY with approximately $493 million in assets and
approximately $441 million in deposits was closed. First Financial Bank, N.A.,
Hamilton, OH has agreed to assume all deposits. (PR-174-2009) Irwin
Union Bank and Trust Company, Columbus, IN with approximately $2.7 billion in
assets and approximately $2.1 billion in deposits was closed. First Financial
Bank, N.A., Hamilton, OH has agreed to assume all deposits. (PR-174-2009) Venture
Bank, Lacey, WA with approximately $970 million in assets and approximately $903
million in deposits was closed. First-Citizens Bank & Trust Company, Raleigh,
NC has agreed to assume all deposits, excluding certain brokered deposits. (PR-170-2009) Brickwell
Community Bank, Woodbury, MN with approximately $72 million in assets and approximately
$63 million in deposits was closed. CorTrust Bank N.A. Mitchell, SD has agreed
to assume all deposits, excluding certain brokered deposits. (PR-169-2009) Corus
Bank, N.A., Chicago, IL with approximately $7 billion in assets and approximately
$7 billion in deposits was closed. MB Financial Bank, N.A., Chicago, IL has agreed
to assume all deposits, excluding certain brokered deposits. (PR-168-2009) First
State Bank, Flagstaff, AZ with approximately $105 million in assets and approximately
$95 million in deposits was closed. Sunwest Bank, Tustin, CA has agreed to assume
all deposits, excluding certain brokered deposits. (PR-165-2009) Platinum
Community Bank, Rolling Meadows, IL, with approximately $345.6 million in assets
and approximately $305.0 million in deposits was approved for payout by the FDIC
Board of Directors. (PR-164-2009) Vantus
Bank, Sioux City, IA with approximately $458 million in assets and approximately
$368 million in deposits was closed. Great Southern Bank, Springfield, MO has
agreed to assume all deposits. (PR-163-2009) InBank,
Oak Forest, IL with approximately $212 million in assets and approximately $199
million in deposits was closed. MB Financial Bank, National Association, Chicago,
IL has agreed to assume all deposits, excluding certain brokered deposits. (PR-162-2009) First
Bank of Kansas City, Kansas City, MO with approximately $16 million in assets
and approximately $15 million in deposits was closed. Great American Bank, De
Soto, KS has agreed to assume all deposits. (PR-161-2009) August Affinity
Bank, Ventura, CA with approximately $1 billion in assets and approximately $922
million in deposits was closed. Pacific Western Bank, San Diego, CA has agreed
to assume all deposits, excluding certain brokered deposits. (PR-157-2009) Mainstreet
Bank, Forest Lake, MN with approximately $459 million in assets and approximately
$434 million in deposits was closed. Central Bank, Stillwater, MN has agreed to
assume all deposits, excluding certain brokered deposits. (PR-156-2009) Bradford
Bank, Baltimore, MD with approximately $452 million in assets and approximately
$383 million in deposits was closed. Manufacturers and Traders Trust Company,
Buffalo, NY has agreed to assume all deposits. (PR-155-2009) Guaranty
Bank, Austin, TX with approximately $13 billion in assets and approximately $12
billion in deposits was closed. BBVA Compass, Birmingham, AL has agreed to assume
all deposits, excluding certain brokered deposits. (PR-150-2009) CapitalSouth
Bank, Birmingham, AL with approximately $617 million in assets and approximately
$546 million in deposits was closed. IBERIABANK, Lafayette, LA has agreed to assume
all deposits, excluding certain brokered deposits. (PR-149-2009) First
Coweta Bank, Newnan, GA, with approximately $167 million in assets and approximately
$155 million in deposits was closed. United Bank, Zebulon, GA, has agreed to assume
all deposits, excluding certain brokered deposits. (PR-148-2009) ebank,
Atlanta, Georgia, with approximately $143 million in assets and approximately
$130 million in deposits was closed. Stearns Bank, National Association, St. Cloud,
MN, has agreed to assume all deposits. (PR-147-2009) Community
Bank of Nevada, Las Vegas, Nevada, with approximately $1.52 billion in assets
and approximately $1.38 billion in deposits was closed. The FDIC has created the
Deposit Insurance National Bank of Las Vegas, NV ("DINB of Las Vegas")
to facilitate the resolution of Community Bank of Nevada, Las Vegas, NV. (PR-146-2009) Community
Bank of Arizona, Phoenix, Arizona, with approximately $158.5 million in total
assets, was closed. MidFirst Bank, Oklahoma City, OK, has agreed to assume all
deposits, excluding certain brokered deposits (approximately $143.8 million).
(PR-145-2009) Union
Bank, N.A., Gilbert, Arizona, with approximately $124 million in assets and approximately
$112 in deposits was closed. MidFirst Bank, Oklahoma City, OK, has agreed to assume
all non-brokered deposits. (PR-144-2009) Colonial
Bank, Montgomery, Alabama, with approximately $25 billion in assets, was closed.
Branch Banking and Trust Company (BB&T), Winston-Salem, NC, has agreed to
assume all deposits (approximately $20 billion). (PR-143-2009) Dwelling
House Savings and Loan Association, Pittsburgh, Pennsylvania, with approximately
$13.4 million in assets, was closed. PNC Bank, Pittsburgh, PA, has agreed to assume
all deposits (approximately $13.8 million). (PR-142-2009) Community
First Bank, Prineville, Oregon, with approximately $209 million in total assets,
was closed. Home Federal Bank, Nampa, ID, has agreed to assume all deposits, excluding
certain brokered deposits (approximately $182 million). (PR-141-2009) Community
National Bank of Sarasota County, Venice, Florida, with approximately $97 million
in assets, was closed. Stearns Bank, N.A., St. Cloud, MN, has agreed to assume
all deposits (approximately $93 million). (PR-140-2009) First
State Bank, Sarasota, Florida, with approximately $463 million in assets, was
closed. Stearns Bank, N.A., St. Cloud, MN, has agreed to assume all deposits,
excluding certain brokered deposits (approximately $387 million). (PR-139-2009)
July Mutual
Bank, Harvey, Illinois, with approximately $1.6 billion in assets, was closed.
United Central Bank, Garland, Texas, has agreed to assume all deposits (approximately
$1.6 billion). (PR-137-2009) First
BankAmericano, Elizabeth, New Jersey, with approximately $166 million in assets,
was closed. Crown Bank, Brick, New Jersey, has agreed to assume all deposits (approximately
$157 million). (PR-136-2009) Peoples
Community Bank, West Chester, Ohio, with approximately $705.8 million in assets,
was closed. First Financial Bank, N.A., Hamilton, Ohio, has agreed to assume all
deposits, excluding certain brokered deposits (approximately $598.2 million).
(PR-135-2009) Integrity
Bank, Jupiter, Florida, with approximately $119 million in assets, was closed.
Stonegate Bank, Fort Lauderdale, Florida, has agreed to assume all deposits, excluding
certain brokered deposits (approximately $102 million). (PR-134-2009) First
State Bank of Altus, Altus, Oklahoma, with approximately $103.4 million in assets,
was closed. Herring Bank, Amarillo, Texas, has agreed to assume all deposits (approximately
$98.2 million). (PR-133-2009) Security
Bank of Gwinnett County, Suwanee, GA; Security Bank of North Fulton, Alpharetta,
GA; Security Bank of North Metro, Woodstock, GA; Security Bank of Bibb County,
Macon, GA; Security Bank of Houston County, Perry, GA; and Security Bank of Jones
County, Gray, GA, with approximately $2.8 billion in combined assets, were closed.
State Bank and Trust Company, Pinehurst, Georgia, has agreed to assume all deposits
(approximately $2.4 billion). (PR-130-2009) Waterford
Village Bank, Williamsville, New York, with approximately $61.4 million in assets,
was closed. Evans Bank, National Association, Angola, New York, has agreed to
assume all deposits (approximately $58 million). (PR-129-2009) Temecula
Valley Bank, Temecula, California, with approximately $1.5 billion in assets,
was closed. First-Citizens Bank & Trust Company, Raleigh, North Carolina,
has agreed to assume all deposits, excluding certain brokered deposits (approximately
$1.3 billion). (PR-126-2009) Vineyard
Bank, N.A., Rancho Cucamonga, California, with approximately $1.9 billion in assets,
was closed. California Bank & Trust, San Diego, California, has agreed to
assume all deposits, excluding certain brokered deposits (approximately $1.6 billion).
(PR-125-2009) BankFirst,
Sioux Falls, South Dakota, with approximately $275 million in assets, was closed.
Alerus Financial, National Association, Grand Forks, North Dakota, has agreed
to assume all deposits (approximately $254 million). (PR-124-2009) First
Piedmont Bank, Winder, Georgia, with approximately $115 million in assets, was
closed. First American Bank and Trust Company, Athens, Georgia, has agreed to
assume all deposits (approximately $109 million). (PR-123-2009) Bank
of Wyoming, Thermopolis, Wyoming, with approximately $70 million in assets, was
closed. Central Bank & Trust, Lander, Wyoming, has agreed to assume all deposits,
excluding certain brokered deposits (approximately $67 million). (PR-122-2009)
Founders Bank,
Worth, Illinois, with approximately $962.5 million in assets, was closed. The
PrivateBank and Trust Company, Chicago, Illinois, has agreed to assume all deposits
(approximately $848.9 million). (PR-119-2009) Millennium
State Bank of Texas, Dallas, Texas, with approximately $118 million in assets,
was closed. State Bank of Texas, Irving, Texas, has agreed to assume all deposits
(approximately $115 million). (PR-118-2009) The
First National Bank of Danville, Danville, Illinois, with approximately $166 million
in assets, was closed. First Financial Bank, N.A., Terre Haute, Indiana, has agreed
to assume all deposits (approximately $147 million). (PR-117-2009) The
Elizabeth State Bank, Elizabeth, Illinois, with approximately $55.5 million in
assets, was closed. Galena State Bank and Trust Company, Galena, Illinois, has
agreed to assume all deposits (approximately $50.4 million). (PR-116-2009) Rock
River Bank, Oregon, Illinois, with approximately $77 million in assets, was closed.
The Harvard State Bank, Harvard, Illinois, has agreed to assume all deposits (approximately
$75.8 million). (PR-115-2009) The
First State Bank of Winchester, Winchester, Illinois, with approximately $36 million
in assets, was closed. The First National Bank of Beardstown, Beardstown, Illinois,
has agreed to assume all deposits (approximately $34 million). (PR-114-2009) The
John Warner Bank, Clinton, Illinois, with approximately $70 million in assets,
was closed. State Bank of Lincoln, Lincoln, Illinois, has agreed to assume all
deposits (approximately $64 million). (PR-113-2009) June Mirae
Bank, Los Angeles, California, with approximately $456 million in assets, was
closed. Wilshire State Bank, Los Angeles, California, has agreed to assume all
deposits (approximately $362 million). (PR-105-2009) MetroPacific
Bank, Irvine, California, with approximately $80 million in assets, was closed.
Sunwest Bank, Tustin, California, has agreed to assume all non-brokered deposits
(approximately $73 million). (PR-104-2009) Horizon
Bank, Pine City, Minnesota, with approximately $87.6 million in assets, was closed.
Stearns Bank N.A., St. Cloud, Minnesota, has agreed to assume all deposits, excluding
certain brokered deposits (approximately $69.4 million). (PR-103-2009) Neighbor
Community Bank, Newnan, Georgia, with approximately $221.6 million in assets,
was closed. CharterBank, West Point, Georgia, has agreed to assume all deposits
(approximately $191.3 million). (PR-102-2009) Community
Bank of West Georgia, Villa Rica, Georgia, with approximately $199.4 million in
assets and approximately $182.5 million in deposits was approved for payout by
the FDIC Board of Directors. (PR-101-2009) First
National Bank of Anthony, Anthony, Kansas, with approximately $156.9 million in
assets, was closed. Bank of Kansas, South Hutchinson, Kansas, has agreed to assume
all deposits (approximately $142.5 million). (PR-96-2009) Cooperative
Bank, Wilmington, North Carolina, with approximately $970 million in assets, was
closed. First Bank, Troy, North Carolina, has agreed to assume all deposits, excluding
certain brokered deposits (approximately $774 million). (PR-95-2009) Southern
Community Bank, Fayetteville, Georgia, with approximately $377 million in assets,
was closed. United Community Bank, Blairsville, Georgia, has agreed to assume
all deposits (approximately $307 million). (PR-94-2009) Bank
of Lincolnwood, Lincolnwood, Illinois, with approximately $214 million in assets,
was closed. Republic Bank of Chicago, Oak Brook, Illinois, has agreed to assume
all deposits (approximately $202 million).
(PR-86-2009) May Citizens
National Bank, Macomb, Illinois, with approximately $437 million in assets, was
closed. Morton Community Bank, Morton, Illinois, has agreed to assume all non-brokered
deposits (approximately $400 million). (PR-76-2009) Strategic
Capital Bank, Champaign, Illinois, with approximately $537 million in assets,
was closed. Midland States Bank, Effingham, Illinois, has agreed to assume all
deposits (approximately $471 million).
(PR-75-2009) BankUnited,
FSB, Coral Gables, Florida, with approximately $12.8 billion in assets, was closed.
BankUnited, Coral Gables, Florida, has agreed to assume all deposits (approximately
$8.6 billion).
(PR-72-2009) Westsound
Bank, Bremerton, Washington, with approximately $334.6 million in assets and $304.5
million in deposits, was closed. Kitsap Bank, Port Orchard, Washington, has agreed
to assume all non-brokered deposits. (PR-69-2009) America
West Bank, Layton, Utah, with approximately $299.4 million in assets, was closed.
Cache Valley Bank, Logan, Utah, has agreed to assume all deposits (approximately
$284.1 million).
(PR-63-2009) Citizens
Community Bank, Ridgewood, New Jersey, with approximately $45.1 million in assets,
was closed. North Jersey Community Bank, Englewood Cliffs, New Jersey, has agreed
to assume all deposits (approximately $43.7 million). (PR-62-2009) Silverton
Bank, N.A., Atlanta, Georgia, with approximately $4.1 billion in assets and $3.3
billion in deposits was closed. The FDIC created a bridge bank, Silverton Bridge
Bank, N.A., to take over operations. (PR-61-2009) April First
Bank of Idaho, Ketchum, Idaho, with approximately $488.9 million in assets, was
closed. U.S. Bank, National Association, Minneapolis, MN, has agreed to assume
all non-brokered deposits (approximately $374 million). (PR-60-2009) First
Bank of Beverly Hills, Calabasas, California, with approximately $1.5 billion
in assets and approximately $1 billion in deposits was approved for payout by
the FDIC Board of Directors. (PR-59-2009) Michigan
Heritage Bank, Farmington Hills, Michigan, with approximately $184.6 million in
assets, was closed. Level One Bank, Farmington Hills, Michigan, has agreed to
assume all deposits (approximately $151.7 million). (PR-58-2009) American
Southern Bank, Kennesaw, Georgia, with approximately $112.3 million in assets
and approximately $104.3 in deposits was closed. Bank of North Georgia, Alpharetta,
Georgia, has agreed to assume all non-brokered deposits. (PR-57-2009) Great
Basin Bank of Nevada, Elko, Nevada, with approximately $270.9 million in assets,
was closed. Nevada State Bank, Las Vegas, Nevada, has agreed to assume all deposits
(approximately $241.4 million). (PR-55-2009) American
Sterling Bank, Sugar Creek, Missouri, with approximately $181 million in assets
was closed. Metcalf Bank, Lee's Summit, Missouri, has agreed to assume all deposits
(approximately $171.9 million). (PR-54-2009) New
Frontier Bank, Greeley, Colorado, with approximately $2.0 billion in assets and
approximately $1.5 billion in deposits was closed. Deposit Insurance National
Bank of Greeley, Greeley, Colorado has agreed to assume the non-brokered insured
deposits. (PR-53-2009) Cape
Fear Bank, Wilmington, North Carolina, with approximately $492 million in assets,
was closed. First Federal Savings and Loan Association, Charleston, South Carolina,
has agreed to assume all deposits, excluding certain brokered deposits (approximately
$403 million). (PR-52-2009) March Omni
National Bank, Atlanta, Georgia, with approximately $956.0 million in assets and
approximately $796.8 million in deposits was closed. SunTrust Bank, Atlanta, Georgia
has agreed to assume the non-brokered insured deposits. (PR-50-2009) TeamBank,
National Association, Paola, Kansas, with approximately $669.8 million in assets,
was closed. Great Southern Bank, Springfield, Missouri, has agreed to assume all
deposits (approximately $492.8 million). (PR-46-2009) Colorado
National Bank, Colorado Springs, Colorado, with approximately $123.5 million in
assets, was closed. Herring Bank, Amarillo, Texas has agreed to assume all deposits
(approximately $82.7 million). (PR-45-2009) FirstCity
Bank, Stockbridge, Georgia, with approximately $297.0 million in assets and approximately
$278.0 million in deposits was approved for payout by the FDIC Board of Directors.
(PR-44-2009) Freedom
Bank of Georgia, Commerce, Georgia, with approximately $173.0 million in assets
and approximately $161.0 million in deposits, was closed. Northeast Georgia Bank,
Lavonia, Georgia has agreed to assume all deposits. (PR-37-2009) February Security
Savings Bank, Henderson, Nevada, with approximately $238.3 million in assets,
was closed. Bank of Nevada, Las Vegas, NV has agreed to assume all non-brokered
deposits (approximately $175.2 million). (PR-32-2009) Heritage
Community Bank, Glenwood, Illinois, with approximately $232.9 million in assets,
was closed. The MB Financial Bank, National Association, Chicago, Illinois has
agreed to assume all deposits (approximately $218.6 million). (PR-31-2009) Silver
Falls Bank, Silverton, Oregon, with approximately $131.4 million in assets was
closed. Citizens Bank, Corvallis, Oregon has agreed to assume all deposits (approximately
$116.3 million). (PR-24-2009) Pinnacle
Bank of Oregon, Beaverton, Oregon, with approximately $73.0 million in assets
was closed. Washington Trust Bank, Spokane, Washington has agreed to assume all
deposits (approximately $64.0 million). (PR-23-2009) Corn
Belt Bank and Trust Company, Pittsfield, Illinois, with approximately $271.8 million
in assets and approximately $234.4 million in deposits, was closed. The Carlinville
National Bank, Carlinville, Illinois has agreed to assume all non-brokered deposits.
(PR-22-2009) Riverside
Bank of the Gulf Coast, Cape Coral, Florida, with approximately $539.0 million
in assets and approximately $424.0 million in deposits, was closed. TIB Bank,
Naples, Florida has agreed to assume all non-brokered deposits. (PR-21-2009) Sherman
County Bank, Loup City, Nebraska, with approximately $129.8 million in assets
was closed. Heritage Bank, Wood River, Nebraska has agreed to assume all deposits
(approximately $85.1 million). (PR-20-2009) County
Bank, Merced, California, with approximately $1.7 billion in assets was closed.
Westamerica Bank, San Rafael, California has agreed to assume all deposits (approximately
$1.3 billion). (PR-19-2009) Alliance
Bank, Culver City, California, with approximately $1.14 billion in assets and
approximately $951.0 million in deposits was closed. California Bank & Trust,
San Diego, California has agreed to assume all deposits. (PR-18-2009) FirstBank
Financial Services, McDonough, Georgia, with approximately $337.0 million in assets
was closed. Regions Bank, Birmingham, Alabama has agreed to assume all deposits
(approximately $279.0 million). (PR-17-2009) January Ocala
National Bank, Ocala, Florida, with approximately $223.5 million in assets and
approximately $205.2 million in deposits, was closed. CenterState Bank of Florida,
Winter Haven, Florida has agreed to assume all non-brokered deposits. (PR-14-2009)
Suburban Federal
Savings Bank, Crofton, Maryland, with approximately $360.0 million in assets was
closed. Bank of Essex, Tappahannock, Virginia has agreed to assume all deposits
(approximately $302.0 million). (PR-13-2009) MagnetBank,
Salt Lake City, Utah, with approximately $292.2 million in assets and approximately
$282.8 million in deposits was approved for payout by the FDIC Board of Directors.
(PR-12-2009) 1st
Centennial Bank, Redlands, California, with approximately $803.3 million in assets
and approximately $676.9 million in deposits was closed. First California Bank,
Westlake Village, California has agreed to assume the non-brokered insured deposits.
(PR-7-2009) Bank
of Clark County, Vancouver, Washington, with approximately $446.5 million in assets
and approximately $366.5 million in deposits was closed. Umpqua Bank, Roseburg,
Oregon has agreed to assume the non-brokered insured deposits. (PR-6-2009) National
Bank of Commerce, Berkeley, Illinois, with approximately $430.9 million in total
assets and $402.1 million in total deposits, was closed. In addition to assuming
all of the failed bank's deposits, Republic Bank of Chicago, Oak Brook, Illinois
agreed to pay a discount of $44.9 million, and will purchase approximately $366.6
million of assets. The FDIC will retain the remaining assets for later disposition.
(PR-5-2009)
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