Number of Banks Failed in 2010

157


Monthly Bank Failures in 2008-2013

     
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Yearly Failed Banks List
Historical Bank Failures(Since 1934)
Failed Banks Map
Asset-wise List
     

# Bank Location Date Closed Assets Deposits FDIC Cost
157 Lino Lakes,MN December 17, 2010 $31.6 million $28.8 million $3.7 million
156 Batesville,AR December 17, 2010 $191.8 million $155.8 million $22.8 million
155 Atlanta,GA December 17, 2010 $242.3 million $193.8 million $75.8 million
154 McCaysville,GA December 17, 2010 $68.2 million $76.4 million $26.0 million
153 Dawsonville,GA December 17, 2010 $244.4 million $240.5 million $75.3 million
152 Coral Gables,FL December 17, 2010 $448.2 million $374.2 million $64.0 million
151 Southampton,PA December 10, 2010 $112.6 million $104.5 million $22.9 million
150 Farmington Hills, MI December 10, 2010 $252.7 million $213.6 million $90.2 million
149 Burlington,WI November 19, 2010 $750.7 million $664.8 million $142.6 million
148 Bala Cynwyd,PA November 19, 2010 $106.6 million $92.0 million $14.2 million
147 Carrabelle,FL November 19, 2010 $112.1 million $112.2 million $42.7 million
146 Scottsdale,AZ November 12, 2010 $204.0 million $190.2 million $43.6 million
145 Vidalia,GA November 12, 2010 $654.7 million $587.6 million $136.2 million
144 Tifton,GA November 12, 2010 $143.7 million $141.6 million $24.6 million
143 Westminster,CA November 05, 2010 $48.0 million $47.0 million $9.6 million
142 Tacoma,WA November 05, 2010 $221.1 million $193.5 million $21.3 million
141 Woodland Hills,CA November 05, 2010 $98.6 million $101.1 million $25.2 million
140 Randallstown,MD November 05, 2010 $538.3 million $500.1 million $198.4 million
139 Scottsdale,AZ October 22, 2010 $272.2 million $198.8 million $32.8 million
138 Overland Park,KS October 22, 2010 $1.65 billion $1.54 billion $329.7 million
137 Maywood,IL October 22, 2010 $148.7 million $140.0 million $31.4 million
136 Barnesville,GA October 22, 2010 $131.4 million $127.1 million $33.9 million
135 Gordon,GA October 22, 2010 $29.4 million $26.7 million $9.0 million
134 Tampa,FL October 22, 2010 $110.7 million $101.3 million $25.0 million
133 Jacksonville,FL October 22, 2010 $81.0 million $77.3 million $16.2 million
132 Jefferson City,MO October 15, 2010 $1.18 billion $1.03 billion $406.9 million
131 Chesterfield,MO October 15, 2010 $91.5 million $72.5 million $18.7 million
130 Olathe,KS October 15, 2010 $508.4 million $397.0 million $82.2 million
129 Shoreline,WA October 01, 2010 $104.2 million $100.2 million $41.4 million
128 Crawfordville,FL October 01, 2010 $424.1 million $386.3 million $113.4 million
127 Arlington,WA September 24, 2010 $288.8 million $276.1 million $72.8 million
126 Ponte Vedra Beach, FL September 24, 2010 $148.6 million $133.6 million $31.9 million
125 West Allis,WI September 17, 2010 $350.5 million $248.1 million $83.6 million
124 Milford,PH September 17, 2010 $47.5 million $41.6 million $14.6 million
123 Winder,GA September 17, 2010 $447.2 million $398.2 million $98.9 million
122 Douglasville,GA September 17, 2010 $248.2 million $242.8 million $71.4 million
121 Ellijay,GA September 17, 2010 $168.8 million $160.7 million $55.2 million
120 Cherry Hill,NJ September 17, 2010 $81.6 million $79.7 million $23.9 million
119 Bradenton,FL September 10, 2010 $187.8 million $164.6 million $58.9 million
118 Sonoma,CA August 20, 2010 $337.1 million $255.5 million $10.1 million
117 Solvang,CA August 20, 2010 $870.4 million $770.7 million $8.7 million
116 Chico,CA August 20, 2010 $498.8 million $471.3 million $17.4 million
115 Stockton,CA August 20, 2010 $312.1 million $278.8 million $32.6 million
114 Chicago,IL August 20, 2010 $2.16 billion $1.54 billion $367.7 million
113 Martinsville,VA August 20, 2010 $9.4 million $10.1 million $3.5 million
112 Ocala,FL August 20, 2010 $156.2 million $141.9 million $23.2 million
111 Bartow,FL August 20, 2010 $67.9 million $63.7 million $10.3 million
110 Palos Heights,IL August 13, 2010 $493.4 million $467.8 million $72.0 million
109 Chicago, IL August 06, 2010 $264.6 million $269.5 million $68.1 million
108 Eugene,OR July 30, 2010 $768.2 million $718.5 million $115.3 million
107 Longview,WA July 30, 2010 $529.3 million $513.9 million $68.9 million
106 Panama City Beach,FL July 30, 2010 $372.9 million $363.2 million $94.5 million
105 Port Saint Joe,FL July 30, 2010 $66.1 million $52.4 million $16.2 million
104 Acworth,GA July 30, 2010 $167.7 million $159.4 million $39.8 million
103 Cave Junction,OR July 23, 2010 $251.80 million $229.6 million $37.1 million
102 Las Vegas,NV July 23, 2010 $214.0 million $186.7 million $74.1 million
101 New Prague,MN July 23, 2010 $108.0 million $99.7 million $18.6 million
100 Sylvan Grove,KS July 23, 2010 $32.6 million $28.5 million $4.5 million
99 Kingstree,SC July 23, 2010 $139.3 million $134.3 million $64.4 million
98 Jasper,GA July 23, 2010 $1.01 billion $965.7 million $242.4 million
97 Lantana,FL July 23, 2010 $407.9 million $372.4 million $45.5 million
96 Hastings,MI July 16, 2010 $97.4 million $63.7 million $11.4 million
95 Clewiston,FL July 16, 2010 $168.7 million $162.4 million $31.5 million
94 Aventura,FL July 16, 2010 $263.9 million $196.9 million $34.4 million
93 Miami,FL July 16, 2010 $442.3 million $391.3 million $67.6 million
92 Spartanburg,SC July 16, 2010 $682.0 million $610.1 million $74.9 million
91 Bluffton,SC July 16, 2010 $376.2 million $355.3 million $115.0 million
90 Blackwell,OK July 09, 2010 $644.5 million $560.7 million $78.7 million
89 Port Chester,NY July 09, 2010 $193.3 million $189.9 million $61.7 million
88 Baltimore,MD July 09, 2010 $6.3 million $5.8 million $2.1 million
87 Baltimore,MD July 09, 2010 $282.2 million $276.1 million $17.4 million
86 Alburquerque, NM June 25, 2010 $80.3 million $81.0 million $20.9 million
85 Savannah, GA June 25, 2010 $252.5 million $231.9 million $68.9 million
84 Englewood, FL June 25, 2010 $644.3 million $580.1 million $194.8 million
83 Reno, NV June 18, 2010 $480.3 million $479.8 million $80.9 million
82 Seattle, WA June 11, 2010 $520.9 million $441.4 million $158.4 million
81 Lincoln, NE June 04, 2010 $2.8 billion $2.1 billion $297.8 million
80 Arcola, IL June 04, 2010 $17.0 million $18.1 million $3.2 million
79 Rosedale, MS June 04, 2010 $60.4 million $63.5 million $12.6 million
78 Las Vegas,NV May 28, 2010 $360.7 million $353.9 million $96.7 million
77 Granite Bay,CA May 28, 2010 $102.9 million $94.2 million $17.3 million
76 Tampa,FL May 28, 2010 $245.2 million $224.0 million $40.3 million
75 Naples,FL May 28, 2010 $640.9 million $559.9 million $91.3 million
74 Fort Lauderdale,FL May 28, 2010 $595.3 million $531.7 million $71.4 million
73 Saint Paul, MN May 21, 2010 $61.2 million $58.3 million $6.0 million
72 Elmwood Park, IL May 14, 2010 $3.17 billion $2.42 billion $216.4 million
71 Springfield,MO May 14, 2010 $96.6 million $102.5 million $29.0 million
70 Plymouth, MI May 14, 2010 $109.1 million $101.8 million $25.0 million
69 Saint Marys, GA May 14, 2010 $135.7 million $134.0 million $31.3 million
68 San Diego, CA May 07, 2010 $335.8 million $291.2 million $87.7 million
67 Mesa, AZ May 07, 2010 $120.2 million $113.2 million $41.8 million
66 Champlin, MN May 07, 2010 $32.0 million $32.0 million $5.5 million
65 Bonifay, FL May 07, 2010 $242.9 million $230.2 million $78.7 million
64 Everett, WA April 30, 2010 $3.50 billion $3.13 billion $1.37 billion
63 Butler, MO April 30, 2010 $67.2 million $54.9 million $11.4 million
62 Creve Coeur, MO April 30, 2010 $187.3 million $153.8 million $52.7 million
61 Port Huron, MI April 30, 2010 $1.65 billion $1.43 billion $615.3 million
60 Mayaguez, PR April 30, 2010 $11.94 billion $8.62 billion $3.31 billion
59 Hato Rey, PR April 30, 2010 $5.92 billion $4.25 billion $1.23 billion
58 San Juan, PR April 30, 2010 $2.56 billion $1.97 billion $743.9 million
57 Naperville, IL April 23, 2010 $437.2 million $438.5 million $133.0 million
56 Peotone, IL April 23, 2010 $130.2 million $127.0 million $31.7 million
55 Chicago, IL April 23, 2010 $199.9 million $171.5 million $48.4 million
54 Chicago, IL April 23, 2010 $485.6 million $492.0 million $125.3 million
53 Chicago, IL April 23, 2010 $77.3 million $74.5 million $20.9 million
52 Chicago, IL April 23, 2010 $1.2 billion $1.1 billion $394.3 million
51 Rockford, IL April 23, 2010 $3.8 billion $3.4 billion $220.3 million
50 Lynnwood, WA April 16, 2010 $1.13 billion $1.02 billion $323.4 million
49 San Rafael, CA April 16, 2010 $628.9 million $487.6 million $81.1 million
48 Oakland, CA April 16, 2010 $268.9 million $225.2 million $37.8 million
47 Lowell, MA April 16, 2010 $268.0 million $233.2 million $22.9 million
46 Fort Pierce, FL April 16, 2010 $3.42 billion $2.76 billion $491.8 million
45 Clermont, FL April 16, 2010 $90.5 million $81.9 million $10.5 million
44 Palatka, FL April 16, 2010 $393.3 million $324.2 million $6.0 million
43 Sterling Heights, MI April 16, 2010 $53.0 million $52.3 million $11.2 million
42 Myrtle Beach, SC April 09, 2010 $585.1 million $516.0 million $130.3 million
41 Phoenix, AZ March 26, 2010 $496.6 million $426.5 million $106.7 million
40 Cartersville, GA March 26, 2010 $292.2 million $264.3 million $67.2 million
39 Key West, FL March 26, 2010 $88.0 million $67.7 million $23.1 million
38 Carrollton, GA March 26, 2010 $362.9 million $343.3 million $123.3 million
37 Aurora, MN March 19, 2010 $28.2 million $27.8 million $4.2 million
36 Fort Deposit, AL March 19, 2010 $137.2 million $131.1 million $38.3 million
35 Hiawassee, GA March 19, 2010 $377.8 million $339.6 million $137.7 million
34 Ellijay, GA March 19, 2010 $1.01 billion $917.6 million $419.3 million
33 Draper, UT March 19, 2010 $1.6 billion $1.5 billion $635.6 million
32 Duluth, GA March 19, 2010 $96.5 million $94.0 million $29.9 million
31 Parma, OH March 19, 2010 $70.3 million $66.8 million $17.1 million
30 Covington, LA March 12, 2010 $243.2 million $208.8 million $38.1 million
29 Orlando, FL March 12, 2010 $315.6 million $319.7 million $94.6 million
28 New York, NY March 12, 2010 $520.1 million $494.5 million $50.7 million
27 New York, NY March 11, 2010 $209.7 million $209.5 million $24.8 million
26 Ogden, UT March 05, 2010 $215.2 million $205.1 million $96.3 million
25 Germantown, MD March 05, 2010 $155.6 million $156.4 million $51.0 million
24 Normal, IL March 05, 2010 $211.7 million $198.5 million $53.7 million
23 Boca Raton, FL March 05, 2010 $535.7 million $443.5 million $103.8 million
22 Tacoma, WA February 26, 2010 $717.8 million $446.2 million $95.2 million
21 Carson City, NV February 26, 2010 $51.1 million $50.0 million $7.9 million
20 La Jolla, CA February 19, 2010 $3.6 billion $2.8 billion $882.3 million
19 Orland Park, IL February 19, 2010 $397.0 million $412.8 million $141.4 million
18 La Coste, TX February 19, 2010 $53.9 million $49.3 million $3.7 million
17 Marco Island, FL February 19, 2010 $119.6 million $117.1 million $38.1 million
16 Hancock, MN February 05, 2010 $18.2 million $16.3 million $3.1 million
15 Bainbridge Island, WA January 29, 2010 $373.2 million $308.5 million $58.9 million
14 Los Angeles, CA January 29, 2010 $2.18 billion $1.87 billion $825.5 million
13 Cornelia, GA January 29, 2010 $1.21 billion $1.11 billion $354.5 million
12 Hallock, MN January 29, 2010 $59.9 million $54.7 million $4.1 million
11 Immokalee, FL January 29, 2010 $875.5 million $795.5 million $352.6 million
10 Carrollton, GA January 29, 2010 $832.6 million $757.9 million $260.4 million
9 The Dalles, OR January 22, 2010 $1.1 billion $1.0 billion $172.5 million
8 Seattle, WA January 22, 2010 $488.5 million $439.4 million $64.2 million
7 Santa Fe, NM January 22, 2010 $1.2 billion $851.5 million $201.9 million
6 Leeton, MO January 22, 2010 $20.1 million $20.4 million $8.1 million
5 Miami, FL January 22, 2010 $350.9 million $326.3 million $85 million
4 Kaysville, UT January 15, 2010 $827.8 million $786.5 million $271.3 million
3 St. Stephen, MN January 15, 2010 $24.7 million $23.4 million $7.2 million
2 Antioch, IL January 15, 2010 $69.6 million $67.4 million $17.8 million
1 Bellingham, WA January 08, 2010 $1.3 billion $1.1 billion $539.1 million

Cumulative Bank Failures in 2008-2013

US Bank Failures Since 1934
FDIC Bank Failures since 1990


Cost of Bank Failures to FDIC


Total Deposits of All Banks Insured by FDIC since 1990


Cost of Bank Failures to FDIC

The Federal Deposit Insurance Corporation is an independent federal agency created in 1933 to promote public confidence and stability in the nation's banking system. The FDIC is often appointed as receiver for failed banks.

What is a bank failure?
A bank failure is the closing of a bank by a federal or state banking regulatory agency. Generally, a bank is closed when it is unable to meet its obligations to depositors and others. This brochure deals with the failure of "insured banks." The term "insured bank" means a bank insured by FDIC, including banks chartered by the federal government as well as most banks chartered by the state governments. An insured bank must display an official FDIC sign at each teller window.

What is FDIC's role in a bank failure?
In the event of a bank failure, the FDIC acts in two capacities. First, as the insurer of the bank's deposits, the FDIC pays insurance to the depositors up to the insurance limit. Second, the FDIC, as the "Receiver" of the failed bank, assumes the task of selling/collecting the assets of the failed bank and settling its debts, including claims for deposits in excess of the insured limit.



What is the purpose of FDIC deposit insurance?
The FDIC protects depositors' funds in the unlikely event of the financial failure of their bank or savings institution. FDIC deposit insurance covers the balance of each depositor's account, dollar-for-dollar, up to the insurance limit, including principal and any accrued interest through the date of the insured bank's closing.

What is the FDIC insurance amount?
The standard insurance amount is $250,000 per depositor, per insured bank, for each ownership category. This includes principal and accrued interest and applies to all depositors of an insured bank. Deposits in separate branches of an insured bank are not separately insured. Deposits in one insured bank are insured separately from deposits in another insured bank. Deposits maintained in different categories of legal ownership at the same bank can be separately insured. Therefore, it is possible to have deposits of more than $250,000 at one insured bank and still be fully insured. For more information on deposit insurance coverage, see the FDIC's brochure "Your Insured Deposits" which can be accessed at www.fdic.gov/deposit/deposits/insured

Who does the FDIC insure?
Any person or entity can have FDIC insurance on a deposit. A depositor does not have to be a citizen, or even a resident of the United States. FDIC insurance only protects depositors, although some depositors may also be creditors or shareholders of an insured bank.

What does FDIC deposit insurance cover?
FDIC insurance covers deposits received at an insured bank. Types of deposit products include checking, NOW, and savings accounts, money market deposit accounts (MMDA), and time deposits such as certificates of deposit (CDs).

What is the source of funding used by the FDIC to pay insured depositors of a failed bank?
The FDIC's deposit insurance fund consists of premiums already paid by insured banks and interest earnings on its investment portfolio of U.S. Treasury securities. No federal or state tax revenues are involved.

How am I notified when my bank has been closed?
The FDIC notifies each depositor in writing using the depositor's address on record with the bank. This notification is mailed immediately after the bank closes. When the failed bank is acquired by another bank; the assuming bank also notifies the depositors. This notification usually is mailed with the first bank statement after the assumption.


Source :  Federal Deposit Insurance Corporation


Notes :

* The Cost to DIF of $2.5 billion for "California National Bank" failed on 30th October,2009 is the total cost for all the 9 banks failed on that.