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Updated bank failure list ... As the stink butt and congress continue their relentless war on business the list of failed banks continues to grow. So you really want more of the same?

iamnothere 2010/09/02 12:12:56
Related Topics: Saint, Lincoln, Congress
As the stink butt and congress continue their relentless war on business the list of failed banks continues to grow. So you really want more of the same?


FDIC Bank Watch List
The FDIC maintains a "watch list" of banks that may be experiencing financial problems. The Federal Deposit Insurance Corporation (FDIC) is a U.S. government entity that provides insurance for deposited accounts at member institutions and is charged with monitoring an helping minimize banking risks and the potential impact on the economy when a bank fails.

http://www.fdic.gov/bank/analytical/

This list may be called the watch list or troubled banks list. Unlike its list of failed banks, the FDIC does not make the names of the banks on the list available to the public.

http://www.fdic.gov/bank/individual/failed/

The names are not released because the FDIC does not want individuals to pull money out of a troubled bank due to their list status. Pulling money from an unstable bank could push it to be a failed bank.http://www.thehardmoneypros.com/FDIC_bank_watchlist_fail... They do, however, provide a list of outside bank rating services that can help consumers assess the financial stability of a variety of different banking institutions.


The FDIC does release a comprehensive database of financial statistics that can be used to analyze individual institutions, or banking industry segments. The report is issued approximately 55 days after the end of the fiscal quarter. Fiscal quarters end on March 31, June 30, September 30, and December 31.

http://www2.fdic.gov/qbp/index.asp9

FDIC Quarterly
The FDIC Quarterly is a publication from the Federal Deposit Insurance Corporation that summarizes the current banking industry results. The document reviews profits, losses, earnings. It also lists the number of banks listed on the FDIC bank watch list and compares the banking sector results with historical norms. In addition to status reports, articles regarding industry regulations, trends and information that can impact the banking system and banking stability are included. These reports are offered for free on the FDIC.gov website.
http://www.fdic.gov/bank/analytical/quarterly/10


Private Bank Watch Lists
The followig organizations provide lists of banks that have been evaluated based on statistcs released by the FDIC and that are considered to be at isk of failure. The banks on these lists are believed to likely be considered 'problems" by the FDIC as well, and also appear on the internal FDIC Bank Watch List.
http://www.mortgagenewsdaily.com/wiki/FDIC_Watch_List_for_Ban...

* A.M. Best Company
* Bankrate Inc.
* BauerFinancial, Inc.
* Creative Investment Research, Inc.
* FIS - Financial Information Systems, LLC
* Highline Data LLC
* IDC Financial Publishing
* Institutional Risk Analytics
* LACE Financial Corp.
* Veribanc
* Weiss Ratings Inc.

Bank Failures in Brief 2010

The list of Bank Failures in Brief is updated through August 20, 2010. Please address questions on this subject to the Customer Service Hotline (Telephone: 1-888-206-4662).

August

Sonoma Valley Bank, Sonoma, CA with approximately $337.1 million in total assets and $255.5 million in total deposits was closed. Westamerica Bank, San Rafael, CA has agreed to assume all deposits.
(PR-196-2010).

Los Padres Bank, Solvang, CA with approximately $870.4 million in total assets and $770.7 million in total deposits was closed. Pacific Western Bank, San Diego, CA has agreed to assume all deposits.
(PR-195-2010).

Butte Community Bank, Chico, CA with approximately $498.8 million in total assets and $471.3 million in total deposits was closed. Rabobank, National Association (N.A.), El Centro, CA has agreed to assume all deposits.
(PR-194-2010).

Pacific State Bank, Stockton, CA with approximately $312.1 million in total assets and $278.8 million in total deposits was closed. Rabobank, National Association (N.A.), El Centro, CA has agreed to assume all deposits, excluding certain brokered deposits.
(PR-194-2010).

ShoreBank, Chicago, IL with approximately $2.16 billion in total assets and $1.54 billion in total deposits was closed. Urban Partnership Bank, Chicago, IL has agreed to assume all deposits, excluding certain brokered deposits.
(PR-193-2010).

Imperial Savings and Loan Association, Martinsville, VA with approximately $9.4 million in total assets and $10.1 million in total deposits was closed. River Community Bank, National Association (N.A), Martinsville, VA has agreed to assume all deposits.
(PR-192-2010).

Independent National Bank, Ocala, FL with approximately $156.2 million in total assets and $141.9 million in total deposits was closed. CenterState Bank of Florida, National Association (N.A.), Winter Haven, FL has agreed to assume all deposits.
(PR-191-2010).

Community National Bank at Bartow, Bartow, FL with approximately $67.9 million in total assets and $63.7 million in total deposits was closed. CenterState Bank of Florida, National Association (N.A.), Winter Haven, FL has agreed to assume all deposits, excluding certain brokered deposits.
(PR-191-2010).

Palos Bank and Trust Company, Palos Heights, IL with approximately $493.4 million in total assets and $467.8 million in total deposits was closed. First Midwest Bank, Itasca, IL has agreed to assume all deposits.
(PR-189-2010).

Ravenswood Bank, Chicago, IL, with approximately $264.6 million in total assets and $269.5 million in total deposits was closed. Northbrook Bank and Trust Company, Northbrook, IL has agreed to assume all deposits, excluding certain brokered deposits.
(PR-181-2010).

July

LibertyBank, Eugene, OR with approximately $768.2 million in total assets and $718.5 million in total deposits was closed. Home Federal Bank, Nampa, ID has agreed to assume all deposits.
(PR-176-2010).

The Cowlitz Bank, Longview, WA, with approximately $529.3 million in total assets and $513.9 million in total deposits was closed. Heritage Bank, Olympia, WA has agreed to assume all deposits, excluding certain brokered deposits.
(PR-175-2010).

Coastal Community Bank, Panama City Beach, FL with approximately $372.9 million in total assets and $363.2 million in total deposits was closed. Centennial Bank, Conway, AR has agreed to assume all deposits
(PR-174-2010).

Bayside Savings Bank, Port Saint Joe, FL with approximately $66.1 million in total assets and $52.4 million in total deposits was closed. Centennial Bank, Conway, AR has agreed to assume all deposits
(PR-174-2010).

Northwest Bank & Trust, Acworth, GA, with approximately $167.7 million in total assets and $159.4 million in total deposits was closed. State Bank and Trust Company, Macon Georgia, has agreed to assume all deposits, excluding certain brokered deposits.
(PR-172-2010).

Home Valley Bank, Cave Junction, OR with approximately $251.80 million in total assets and $229.6 million in total deposits was closed. South Valley Bank & Trust, Klamath Falls, OR has agreed to assume all deposits
(PR-169-2010).

SouthwestUSA Bank, Las Vegas, NV with approximately $214.0 million in total assets and $186.7 million in total deposits was closed. Plaza Bank, Irvine, CA has agreed to assume all deposits, excluding certain brokered deposits
(PR-168-2010).

Community Security Bank, New Prague, MN with approximately $108.0 million in total assets and $99.7 million in total deposits was closed. Roundbank, Waseca, MN has agreed to assume all deposits
(PR-167-2010).

Thunder Bank, Sylvan Grove, KS with approximately $32.6 million in total assets and $28.5 million in total deposits was closed. The Bennington State Bank, Salina, KS has agreed to assume all deposits, excluding certain brokered deposits
(PR-166-2010).

Williamsburg First National Bank, Kingstree, SC with approximately $139.3 million in total assets and $134.3 million in total deposits was closed. First Citizens Bank and Trust Company, Inc., Columbia, SC has agreed to assume all deposits, excluding certain brokered deposits
(PR-165-2010).

Crescent Bank and Trust Company, Jasper, GA with approximately $1.01 billion in total assets and $965.7 million in total deposits was closed. The Renasant Bank, Tupelo, MS has agreed to assume all deposits, excluding certain brokered deposits
(PR-164-2010).

Sterling Bank, Lantana, FL with approximately $407.9 million in total assets and $372.4 million in total deposits was closed. IBERIABANK, Lafayette, LA has agreed to assume all deposits, excluding certain brokered deposits
(PR-163-2010).

Mainstreet Savings Bank, FSB, Hastings, MI with approximately $97.4 million in total assets and $63.7 million in total deposits was closed. Commercial Bank, Alma, MI has agreed to assume all deposits
(PR-159-2010).

Olde Cypress Community Bank, Clewiston, FL with approximately $168.7 million in total assets and $162.4 million in total deposits was closed. CenterState Bank of Florida, National Association, Winter Haven, FL has agreed to assume all deposits, excluding certain brokered deposits.
(PR-158-2010).

Turnberry Bank, Aventura, FL with approximately $263.9 million in total assets and $196.9 million in total deposits was closed. NAFH National Bank, Miami, FL has agreed to assume all deposits
(PR-157-2010).

Metro Bank of Dade County, Miami, FL with approximately $442.3 million in total assets and $391.3 million in total deposits was closed. NAFH National Bank, Miami, FL has agreed to assume all deposits, excluding certain brokered deposits.
(PR-157-2010).

First National Bank of the South, Spartanburg, SC with approximately $682.0 million in total assets and $610.1 million in total deposits was closed. NAFH National Bank, Miami, FL has agreed to assume all deposits, excluding certain brokered deposits.
(PR-157-2010).

Woodlands Bank, Bluffton, SC with approximately $376.2 million in total assets and $355.3 million in total deposits was closed. Bank of the Ozarks, Little Rock, AR has agreed to assume all deposits, excluding certain brokered deposits.
(PR-156-2010).

Home National Bank, Blackwell, OK with approximately $644.5 million in total assets and $560.7 million in total deposits was closed. RCB Bank, Claremore, OK has agreed to assume all deposits ( PR-152-2010).

USA Bank, Port Chester, NY with approximately $193.3 million in total assets and $189.9 million in total deposits. The FDIC entered into a purchase and assumption agreement with New Century Bank (doing business as Customer’s 1st Bank), Phoenixville, PA, to assume all of the deposits of USA Bank. (PR-151-2010).

Ideal Federal Savings Bank, Baltimore, MD with approximately $6.3 million in total assets and $5.8 million in total deposits was closed. The FDIC has approved the payout of the insured deposits of Ideal Federal Savings Bank. (PR-150-2010).

Bay National Bank, Baltimore, MD with approximately $282.2 million in total assets and $276.1 million in total deposits was closed. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Bay Bank, FSB, Lutherville, MD, to assume all of the deposits of Bay National Bank. ( PR-149-2010).

June

High Desert State Bank, Albuquerque, NM with approximately $80.3 million in assets and approximately $81.0 million in deposits was closed. First American Bank, Artesia, NM, GA has agreed to assume all deposits (PR-145-2010).

First National Bank, Savannah, GA with approximately $252.5 million in assets and approximately $231.9 million in deposits was closed. The Savannah Bank, National Association, Savannah, GA has agreed to assume all deposits, excluding certain brokered deposits (PR-144-2010)

Peninsula Bank, Englewood, FL with approximately $644.3 million in assets and approximately $580.1 million in deposits was closed. Premier American Bank, Miami, FL has agreed to assume all deposits excluding certain brokered deposits. ( PR-143-2010)

Nevada Security Bank, Reno, Nevada (also known as Silverado Bank, Roseville, CA), with approximately $480.3 million in assets and approximately $479.8 million in deposits was closed. Umpqua Bank, Roseburg, OR has agreed to assume all deposits, excluding certain brokered deposits. ( PR-137-2010)
Washington First International Bank, Seattle, WA with approximately $520.9 million in assets and approximately $441.4 million in deposits was closed. East West Bank, Pasadena, CA has agreed to assume all deposits. (PR-133-2010)

TierOne Bank, Lincoln, NE with approximately $2.8 billion in assets and approximately $2.1 billion in deposits was closed. Great Western Bank, Sioux Falls, SD has agreed to assume all deposits. ( PR-132-2010)

Arcola Homestead Savings Bank, Arcola, IL with approximately $17.0 million in assets and approximately $18.1 million in deposits was approved for payout by the FDIC Board of Directors. (PR-131-2010)

First National Bank, Rosedale, MS with approximately $60.4 million in assets and approximately $63.5 million in deposits was closed. Jefferson Bank, Fayette, MS has agreed to assume all deposits. (PR-130-2010)

May

Sun West Bank, Las Vegas, NV with approximately $360.7 million in assets and approximately $353.9 million in deposits was closed. City National Bank, Los Angeles, CA has agreed to assume all deposits, excluding certain brokered deposits. (PR-127-2010)

Granite Community Bank, NA, Granite Bay, CA with approximately $102.9 million in assets and approximately $94.2 million in deposits was closed. Tri Counties Bank, Chico, CA has agreed to assume all deposits. (PR-126-2010)

Bank of Florida - Tampa Bay, Tampa, FL with approximately $245.2 million in assets and approximately $224.0 million in deposits was closed. EverBank, Jacksonville, FL has agreed to assume all deposits, excluding certain brokered deposits. (PR-125-2010)

Bank of Florida - Southwest, Naples, FL with approximately $640.9 million in assets and approximately $559.9 million in deposits was closed. EverBank, Jacksonville, FL has agreed to assume all deposits, excluding certain brokered deposits. (PR-125-2010)

Bank of Florida - Southeast, Fort Lauderdale, FL with approximately $595.3 million in assets and approximately $531.7 million in deposits was closed. EverBank, Jacksonville, FL has agreed to assume all deposits, excluding certain brokered deposits. (PR-125-2010)

Pinehurst Bank, St. Paul, MN with approximately $61.2 million in assets and approximately $58.3 million in deposits was closed. Coulee Bank, La Crosse, WI has agreed to assume all deposits. (PR-118-2010)

Midwest Bank and Trust Company, Elmwood Park, IL with approximately $3.17 billion in assets and approximately $2.42 billion in deposits was closed. FirstMerit Bank, National Association, Akron, OH has agreed to assume all deposits. (PR-116-2010)

Southwest Community Bank, Springfield, MO with approximately $96.6 million in assets and approximately $102.5 million in deposits was closed. Simmons First National Bank, Pine Bluff, AR has agreed to assume all deposits. (PR-115-2010)
New Liberty Bank, Plymouth, MI with approximately $109.1 million in assets and approximately $101.8 million in deposits was closed. Bank of Ann Arbor, Ann Arbor, MI has agreed to assume all deposits, excluding certain brokered deposits. (PR-114-2010)

Satilla Community Bank, Saint Marys, GA with approximately $135.7 million in assets and approximately $134.0 million in deposits was closed. Ameris Bank, Moulteri, GA has agreed to assume all deposits, excluding certain brokered deposits. (PR-113-2010)

1st Pacific Bank of California, San Diego, CA with approximately $335.8 million in assets and approximately $291.2 in deposits was closed. City National Bank, Los Angeles, CA has agreed to assume all deposits, excluding certain brokered deposits. (PR-109-2010)

Towne Bank of Arizona, Mesa, AZ with approximately $120.2 million in assets and approximately $113.2 million in deposits was closed. Commerce Bank of Arizona, Mesa, AZ has agreed to assume all deposits, excluding certain brokered deposits. (PR-108-2010)

Access Bank, Champlin, MN with approximately $32.0 million in assets and approximately $32.0 million in deposits was closed. PrinsBank, Prinsburg, MN has agreed to assume all deposits. (PR-107-2010)

The Bank of Bonifay, Bonifay, FL with approximately $242.9 million in assets and approximately $230.2 million in deposits was closed. First Federal Bank of Florida, Lake City, FL has agreed to assume all deposits. (PR-106-2010)

April

Frontier Bank, Everett, WA with approximately $3.50 billion in assets and approximately $3.13 billion in deposits was closed. Union Bank, National Association, San Francisco, CA has agreed to assume all deposits, excluding certain brokered deposits. (PR-101-2010)

BC National Banks, Butler, MO with approximately $67.2 million in assets and approximately $54.9 million in deposits was closed. Community First Bank, Butler, MO has agreed to assume all deposits. (PR-100-2010)

Champion Bank, Creve Coeur, MO with approximately $187.3 million in assets and approximately $153.8 million in deposits was closed. BankLiberty, Liberty, PR has agreed to assume all deposits, excluding certain brokered deposits. (PR-099-2010)

CF Bancorp, Port Huron, MI with approximately $1.65 billion in assets and approximately $1.43 billion in deposits was closed. First Michigan Bank, Troy, MI has agreed to assume all deposits, excluding certain brokered deposits. (PR-098-2010)

Westernbank Puerto Rico, Mayaguez, PR with approximately $11.94 billion in assets and approximately $8.62 billion in deposits was closed. Banco Popular de Puerto Rico, San Juan, PR has agreed to assume all deposits, excluding certain brokered deposits. (PR-097-2010)

R-G Premier Bank of Puerto Rico, Hato Rey, PR with approximately $5.92 billion in assets and approximately $4.25 billion in deposits was closed. Scotiabank de Puerto Rico, San Juan, PR has agreed to assume all deposits, excluding certain brokered deposits. (PR-096-2010)

Eurobank, San Juan, PR with approximately $2.56 billion in assets and approximately $1.97 billion in deposits was closed. Oriental Bank and Trust, San Juan, PR has agreed to assume all deposits, excluding certain brokered deposits. (PR-095-2010)

Wheatland Bank, Naperville, IL with approximately $437.2 million in assets and approximately $438.5 million in deposits was closed. Wheaton Bank & Trust, Wheaton, IL has agreed to assume all deposits, excluding certain brokered deposits. (PR-090-2010)

Peotone Bank and Trust Company, Peotone, IL with approximately $130.2 million in assets and approximately $127.0 million in deposits was closed. First Midwest Bank, Itasca, IL has agreed to assume all deposits, excluding certain brokered deposits. (PR-089-2010)

Lincoln Park Savings Bank, Chicago, IL with approximately $199.9 million in assets and approximately $171.5 million in deposits was closed. Northbrook Bank and Trust Company, Northbrook, IL has agreed to assume all deposits. (PR-088-2010)

New Century Bank, Chicago, IL with approximately $485.6 million in assets and approximately $492.0 million in deposits was closed. MB Financial Bank, National Association, Chicago, IL has agreed to assume all deposits. (PR-087-2010)

Citizens Bank & Trust Company of Chicago, Chicago, IL with approximately $77.3 million in assets and approximately $74.5 million in deposits was closed. Republic Bank of Chicago, Oak Brook, IL has agreed to assume all deposits. (PR-086-2010)

Broadway Bank, Chicago, IL with approximately $1.2 billion in assets and approximately $1.1 billion in deposits was closed. MB Financial Bank, National Association, Chicago, IL has agreed to assume all deposits, excluding certain brokered deposits. (PR-085-2010)

Amcore Bank, National Association, Rockford, IL with approximately $3.8 billion in assets and approximately $3.4 billion in deposits was closed. Harris National Association, Chicago, IL has agreed to assume all deposits, excluding certain brokered deposits. (PR-084-2010)

City Bank, Lynnwood, WA with approximately $1.13 billion in assets and approximately $1.02 billion in deposits was closed. Whidbey Island Bank, Coupeville, WA has agreed to assume all deposits, excluding certain brokered deposits. (PR-082-2010)

Tamalpais Bank, San Rafael, CA with approximately $628.9 million in assets and approximately $487.6 million in deposits was closed. Union Bank, National Association, San Francisco, CA has agreed to assume all deposits, excluding certain brokered deposits. (PR-081-2010)

Innovative Bank, Oakland, CA with approximately $268.9 million in assets and approximately $225.2 million in deposits was closed. Center Bank, Los Angeles, CA has agreed to assume all deposits, excluding certain brokered deposits. (PR-080-2010)

Butler Bank, Lowell, MA with approximately $268.0 million in assets and approximately $233.2 million in deposits was closed. People's United Bank, Bridgeport, CT has agreed to assume all deposits. (PR-079-2010)

Riverside National Bank of Florida, Fort Pierce, FL with approximately $3.42 billion in assets and approximately $2.76 billion in deposits was closed. TD Bank, National Association, Wilmington, DE has agreed to assume all deposits, excluding certain brokered deposits. (PR-078-2010)

AmericanFirst Bank, Clermont, FL with approximately $90.5 million in assets and approximately $81.9 million in deposits was closed. TD Bank, National Association, Wilmington, DE has agreed to assume all deposits, excluding certain brokered deposits. (PR-078-2010)

First Federal Bank of North Florida, Palatka, FL with approximately $393.3 million in assets and approximately $324.2 million in deposits was closed. TD Bank, National Association, Wilmington, DE has agreed to assume all deposits. (PR-078-2010)

Lakeside Community Bank, Sterling Heights, MI, with approximately $53.0 million in assets and approximately $52.3 million in deposits was approved for payout by the FDIC Board of Directors. (PR-077-2010)

Beach First National Bank, Myrtle Beach, SC with approximately $585.1 million in assets and approximately $516.0 million in deposits was closed. Bank of North Carolina, Thomasville, NC has agreed to assume all deposits, excluding certain brokered deposits. ( PR-073-2010)

March

Desert Hills Bank, Phoenix, AZ with approximately $496.6 million in assets and approximately $426.5 million in deposits was closed. New York Community Bank, Westbury, NY has agreed to assume all deposits, excluding certain brokered deposits. (PR-069-2010)

Unity National Bank, Cartersville, GA with approximately $292.2 million in assets and approximately $264.3 million in deposits was closed. Bank of the Ozarks, Little Rock, AR has agreed to assume all deposits, excluding certain brokered deposits. (PR-068-2010)

Key West Bank, Key West, FL with approximately $88.0 million in assets and approximately $67.7 million in deposits was closed. Centennial Bank, Conway, AR has agreed to assume all deposits, excluding certain brokered deposits. (PR-067-2010)

McIntosh Commercial Bank, Carrollton, GA with approximately $362.9 million in assets and approximately $343.3 million in deposits was closed. CharterBank, West Point, GA has agreed to assume all deposits, excluding certain brokered deposits. (PR-066-2010)

State Bank of Aurora, Aurora, MN with approximately $28.2 million in assets and approximately $27.8 million in deposits was closed. Northern State Bank, Ashland, WI has agreed to assume all deposits. (PR-062-2010)

First Lowndes Bank, Fort Deposit, AL with approximately $137.2 million in assets and approximately $131.1 million in deposits was closed. First Citizens Bank, Luverne, AL has agreed to assume all deposits. (PR-061-2010)

Bank of Hiawassee, Hiawassee, GA, with approximately $377.8 million in assets and approximately $339.9 million in deposits was closed. Citizens South Bank, Gastonia, NC has agreed to assume all deposits, excluding certain brokered deposits. (PR-060-2010)

Appalachian Community Bank, Ellijay, GA with approximately $1.01 billion in assets and approximately $917.6 million in deposits was closed. Community & Southern Bank, Carrollton, GA has agreed to assume all deposits. (PR-059-2010)

Advanta Bank Corp., Draper, UT, with approximately $1.6 billion in assets and approximately $1.5 billion in deposits was approved for payout by the FDIC Board of Directors. (PR-058-2010)

Century Security Bank, Duluth, GA, with approximately $96.5 million in assets and approximately $94.0 million in deposits was closed. Bank of Upson, Thomaston, GA has agreed to assume all deposits, excluding certain brokered deposits. (PR-057-2010)

American National Bank, Parma, OH, with approximately $70.3 million in assets and approximately $66.8 million in deposits was closed. The National Bank and Trust Company, Wilmington, OH has agreed to assume all deposits, excluding certain brokered deposits. (PR-056-2010)

Statewide Bank, Covington, LA with approximately $243.2 million in assets and approximately $208.8 million in deposits was closed. Home Bank, Lafayette, LA has agreed to assume all deposits. (PR-053-2010)

Old Southern Bank, Orlando, FL with approximately $315.6 million in assets and approximately $319.7 million in deposits was closed. Centennial Bank, Conway, AR has agreed to assume all deposits. (PR-052-2010)

The Park Avenue Bank, New York, NY, with approximately $520.1 million in assets and approximately $494.5 million in deposits was closed. Valley National Bank, Wayne, NJ has agreed to assume all deposits, excluding certain brokered deposits. (PR-051-2010)

LibertyPointe Bank, New York, NY with approximately $209.7 million in assets and approximately $209.5 million in deposits was closed. Valley National Bank, Wayne, NJ has agreed to assume all deposits. (PR-049-2010)

Centennial Bank, Ogden, UT, with approximately $215.2 million in assets and approximately $205.1 million in deposits was approved for payout by the FDIC Board of Directors. (PR-046-2010)

Waterfield Bank, Germantown, MD with approximately $155.6 million in assets and approximately $156.4 million in deposits was closed. To protect the insured depositors, the FDIC created Waterfield Bank, FA - a new depository institution chartered by the Office of Thrift Supervision (OTS) and insured by the FDIC - to take over the operations of Waterfield Bank. The FDIC will mail checks directly to customers with CDs and IRAs for the amount of their insured funds. (PR-045-2010)

Bank of Illinois, Normal, IL with approximately $211.7 million in assets and approximately $198.5 million in deposits was closed. Heartland Bank and Trust Company, Bloomington, IL has agreed to assume all deposits, excluding certain brokered deposits. (PR-044-2010)

Sun American Bank, Boca Raton, FL with approximately $535.7 million in assets and approximately $443.5 million in deposits was closed. First-Citizens Bank & Trust Company, Raleigh, NC has agreed to assume all deposits, excluding certain brokered deposits. (PR-043-2010)

February

Rainier Pacific Bank, Tacoma, WA with approximately $717.8 million in assets and approximately $446.2 million in deposits was closed. Umpqua Bank, Roseburg, OR has agreed to assume all deposits, excluding certain brokered deposits. (PR-041-2010)

Carson River Community Bank, Carson City, NV with approximately $51.1 million in assets and approximately $50.0 million in deposits was closed. Heritage Bank of Nevada, Reno, NV has agreed to assume all deposits, excluding certain brokered deposits. (PR-040-2010)

La Jolla Bank, FSB, La Jolla, CA with approximately $3.8 billion in assets and approximately $2.8 billion in deposits was closed. OneWest Bank, FSB, Pasadena, CA has agreed to assume all deposits. (PR-034-2010)

George Washington Savings Bank, Orland Park, IL with approximately $412.8 million in assets and approximately $397.0 million in deposits was closed. FirstMerit Bank, N.A., Akron, OH has agreed to assume all deposits. (PR-033-2010)

The La Coste National Bank, La Coste, TX with approximately $53.9 million in assets and approximately $49.3 million in deposits was closed. Community National Bank, Hondo, TX has agreed to assume all deposits. (PR-032-2010)

Marco Community Bank, Marco Island, FL with approximately $119.6 million in assets and approximately $117.1 million in deposits was closed. Mutual of Omaha Bank, Omaha, NE has agreed to assume all deposits, excluding certain brokered deposits. (PR-031-2010)

1st American State Bank of Minnesota, Hancock, MN with approximately $18.2 million in assets and approximately $16.3 million in deposits was closed. Community Development Bank, FSB, Ogema, MN has agreed to assume all deposits. (PR-030-2010)

January

American Marine Bank, Bainbridge Island, WA with approximately $373.2 million in assets and approximately $308.5 million in deposits was closed. Columbia State Bank, Tacoma, WA has agreed to assume all deposits, excluding certain brokered deposits. (PR-027-2010)

First Regional Bank, Los Angeles, CA with approximately $2.18 billion in assets and approximately $1.87 billion in deposits was closed. First-Citizens Bank & Trust Company, Raleigh, NC has agreed to assume all deposits, excluding certain brokered deposits. (PR-026-2010)

Community Bank and Trust, Cornelia, GA with approximately $1.2 billion in assets and approximately $1.1 billion in deposits was closed. SCBT National Association, Orangeburg, SC has agreed to assume all deposits, excluding certain brokered deposits. (PR-025-2010)

Marshall Bank, N.A., Hallock, MN with approximately $59.9 million in assets and approximately $54.7 million in deposits was closed. United Valley Bank, Cavalier, ND has agreed to assume all deposits. (PR-024-2010)

Florida Community Bank, Immokalee, FL with approximately $875.5 million in assets and approximately $795.5 million in deposits was closed. Premier American Bank, N.A., Miami, FL has agreed to assume all deposits, excluding certain brokered deposits. (PR-023-2010)

First National Bank of Georgia, Carrollton, GA with approximately $832.6 million in assets and approximately $757.9 million in deposits was closed. Community and Southern Bank, Carrollton, GA has agreed to assume all deposits, excluding certain brokered deposits. (PR-022-2010)

Columbia River Bank, The Dalles, OR with approximately $1.1 billion in assets and approximately $1.0 billion in deposits was closed. Columbia State Bank, Tacoma, WA has agreed to assume all deposits. (PR-018-2010)

Evergreen Bank, Seattle, WA with approximately $488.5 million in assets and approximately $439.4 million in deposits was closed. Umpqua Bank, Roseburg, OR has agreed to assume all deposits, excluding certain brokered deposits. (PR-017-2010)

Charter Bank, Santa Fe, NM with approximately $1.2 billion in assets and approximately $851.5 million in deposits was closed. Charter Bank, Albuquerque, NM has agreed to assume all deposits, excluding certain brokered deposits. (PR-016-2010)

Bank of Leeton, Leeton, MO with approximately $20.1 million in assets and approximately $20.4 million in deposits was closed. Sunflower Bank, N.A., Salina, KS has agreed to assume all deposits. (PR-015-2010)

Premier American Bank, Miami, FL with approximately $350.9 million in assets and approximately $326.3 million in deposits was closed. Premier American Bank, N.A., Miami, FL has agreed to assume all deposits, excluding certain brokered deposits. (PR-014-2010)

Barnes Banking Company, Kaysville, UT, with approximately $827.8 million in assets and $786.5 million in deposits was closed. The FDIC has created the Deposit Insurance National Bank of Kaysville, UT ("DINB of Kaysville") to facilitate the resolution of Barnes Banking Company, Kaysville, UT. (PR-010-2010)

St. Stephen State Bank, St. Stephen, MN with approximately $24.7 million in assets and approximately $23.4 million in deposits was closed. First State Bank of St. Joseph, St. Joseph, MN has agreed to assume all deposits. (PR-009-2010)

Town Community Bank and Trust, Antioch, IL with approximately $69.6 million in assets and approximately $67.4 million in deposits was closed. First American Bank, Elk Grove Village, IL has agreed to assume all deposits, excluding certain brokered deposits. (PR-008-2010)

Horizon Bank, Bellingham, WA with approximately $1.3 billion in assets and approximately $1.1 billion in deposits was closed. Washington Federal Savings and Loan Association, Seattle, WA has agreed to assume all deposits, excluding certain brokered deposits. (PR-004-2010)
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  • iamnothere Dave**G... 2010/09/02 14:09:55
    iamnothere
    +6
    you are dead on.. it is my belief the policies are designed to kill the economy.. so he can attempt to remake it in his image
  • zbacku Dave**G... 2010/09/02 23:24:36
    zbacku
    +3
    You are correct. No one could be this bad for America unless it is by design.
    It is Obama's agenda to make America fail, so that he can implement his Marxist agenda.

    Look for Martial Law to be put in place before the elections. If that happens, I only hope the military will remember it's oath is to the Constitution of The United States and NOT to some Castro want-a-be.
  • Phillip 2010/09/02 14:02:20
    Phillip
    +6
    This is a Clinton housing legacy, combined with the poor government policies of congressional democrats.
    And Spineless Republican moderates.
  • theiceman Phillip 2010/09/02 16:24:51
  • judy ann 2010/09/02 13:57:33
    judy ann
    +5
    The banks got billions and yet we get NOTHING!!!!!!!!!!!!!!!!!!!!!!...

    Banks don't want to loan money on the fact, they know many will go belly up, can't say i blame them. However when they need a bail out they get it and the people are hurting as we speak, so who is looking out for the people that have GOOD CREDIT?

    IF THEY WOULD JUST DO AWAY WITH INTEREST RATES FOR 1 YEAR, MOST COULD PAY THEM BACK.
    We have to move this country, we have to move some money around hurting speak people credit rates 1 year pay country money
  • iamnothere judy ann 2010/09/02 14:11:06
    iamnothere
    +6
    the big banks got plenty.. the community banks are getting the shaft.. and will be sold off to the giant to big to fail banks got the Government welfare
  • Dano iamnothere 2010/09/02 16:07:54
    Dano
    +5
    So true
    true
  • Dano judy ann 2010/09/02 16:13:14
    Dano
    +4
    Remember No Qualify Loans or Stated Income Loans with nothing down.
    remember qualify loans income loans
  • mwg0735 2010/09/02 13:23:28
  • Matt 2010/09/02 13:04:49
    Matt
    +3
    You can get a list of banks that are about to fail here ! Just enter your state and email address !
    http://web.investinganswers.c...
  • iamnothere Matt 2010/09/02 13:11:44
    iamnothere
    +2
    see my updated posting from just a couple of moments ago
  • Dora Ra... Matt 2010/09/02 13:18:20
    Dora Rachael
    +3
    Thank you.
  • iamnothere Matt 2010/09/02 13:21:01
    iamnothere
    +2
    actually I had posted that link yesterday. but decided better on in.. since it was an opt in site to gather emails.. .. so I removed the blog
  • ActionJackson 2010/09/02 12:50:04
    ActionJackson
    +5
    Trust me! There are still millions of bleary-eyed numbskulls who believe that Obama is "the bomb." He could burn their houses down and kick their dogs in the teeth and they would still cast their vote for him. The problem is that these mental midgets breed and walk amongst us. It's like that movie "Night of the Living Dead."
  • Dano ActionJ... 2010/09/02 16:10:05
    Dano
    +5
    Obama Supporters
    obama supporters
  • ActionJ... Dano 2010/09/02 16:27:41
    ActionJackson
    +4
    Vote for Obama --- vote for Obama --- vote for Obama --- vote for Obama.

    vote obama vote obama vote obama vote obama
  • Noah Vaile 2010/09/02 12:22:22
    Noah Vaile
    +4
    Banks are now being defined by the government as "failing" regardless of actual strength. It is now failure by edict rather than by market. It is all part of the badministration's anti-economy agenda.

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