Number of Banks Failed in 2010

157

Monthly Bank Failures in 2008-2013

     
Quick Links
Yearly Failed Banks List
2013 2012 2011 2010 2009 2008
Historical Bank Failures(Since 1934)
1931 1932 1933 1934 1935 1936 1937 1938 1939 1940
1941 1942 1943 1944 1945 1946 1947 1948 1949 1950
1951 1952 1953 1954 1955 1956 1957 1958 1959 1960
1961 1962 1963 1964 1965 1966 1967 1968 1969 1970
1971 1972 1973 1974 1975 1976 1977 1978 1979 1980
1981 1982 1983 1984 1985 1986 1987 1988 1989 1990
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000
2001 2002 2003 2004 2005 2006 2007
Failed Banks Map
Map 2013 Map 2012 Map 2011 Map 2010 Map 2009 Map 2008 Map Since 2008
Asset-wise List
Acquiring Banks Big Banks Medium Banks Small Banks
     

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