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Banks Acquiring Failed Banks

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ALL 2009 Banks 2008 Banks Big Banks Medium Banks Small Banks

Banks with assets more than $1 billion

# 69

Failed Bank	:	First National Bank - Edinburg, Texas
Date Closed	:	September 13, 2013
Assets	:	$3.1 billion
Deposits	:	$2.3 billion

Acquiring Bank	:	PlainsCapital Bank - Dallas, Texas
Assets Purchased	:	$2.7 billion
Deposits Purchased	:	$2.3 billion
Premium paid for acquiring deposits	:	-
Loss Sharing Agreement with FDIC for assets	:	$1.8 billion
Cost to the Deposit Insurance Fund	:	$637.5 million

Notes

As of June 30, 2013, First National Bank had approximately $3.1 billion in total assets and $2.3 billion in total deposits. In addition to assuming all of the deposits of First National Bank, PlainsCapital Bank agreed to purchase approximately $2.7 billion of First National Bank's assets. The FDIC will retain the remaining assets for later disposition.

# 68

Failed Bank	:	Tennessee Commerce Bank - Franklin, Tennessee
Date Closed	:	January 27, 2012
Assets	:	$1.185 billion
Deposits	:	$1.156 billion

Acquiring Bank	:	Republic Bank & Trust Company - Louisville, Kentucky
Assets Purchased	:	$203.9 million
Deposits Purchased	:	$1.156 billion
Premium paid for acquiring deposits	:	-
Loss Sharing Agreement with FDIC for assets	:	-
Cost to the Deposit Insurance Fund	:	$416.8 million

Notes

As of September 30, 2011, Tennessee Commerce Bank had approximately $1.185 billion in total assets and $1.156 billion in total deposits. In addition to assuming all of the deposits of the failed bank, Republic Bank & Trust Company agreed to purchase approximately $203.9 million of the failed bank's assets. The FDIC will retain most of the assets for later disposition.

# 67

Failed Bank	:	Community Banks of Colorado - Greenwood, Colorado
Date Closed	:	October 21, 2011
Assets	:	$1.38 billion
Deposits	:	$1.33 billion

Acquiring Bank	:	Bank Midwest, National Association - Kansas City, Missouri
Assets Purchased	:	$1.38 billion
Deposits Purchased	:	$1.33 billion
Premium paid for acquiring deposits	:	-
Loss Sharing Agreement with FDIC for assets	:	$714.2 million
Cost to the Deposit Insurance Fund	:	$224.9 million

Notes

As of June 30, 2011, Community Banks of Colorado had approximately $1.38 billion in total assets and $1.33 billion in total deposits. In addition to assuming all of the deposits of the failed bank, Bank Midwest, National Association agreed to purchase essentially all of the assets.

# 66

Failed Bank	:	Lydian Private Bank - Palm Beach, Florida
Date Closed	:	August 19, 2011
Assets	:	$1.70 billion
Deposits	:	$1.24 billion

Acquiring Bank	:	Sabadell United Bank, National Association - Miami, Florida
Assets Purchased	:	$1.70 billion
Deposits Purchased	:	$1.24 billion
Premium paid for acquiring deposits	:	-
Loss Sharing Agreement with FDIC for assets	:	$907.1 million
Cost to the Deposit Insurance Fund	:	$293.2 million

Notes

As of June 30, 2011, Lydian Private Bank had approximately $1.70 billion in total assets and $1.24 billion in total deposits. In addition to assuming all of the deposits of the failed bank, Sabadell United Bank, National Association agreed to purchase essentially all of the assets.

# 65

Failed Bank	:	Integra Bank National Association - Evansville, Indiana
Date Closed	:	July 29, 2011
Assets	:	$2.2 billion
Deposits	:	$1.9 billion

Acquiring Bank	:	Old National Bank - Evansville, Indiana
Assets Purchased	:	$2.2 billion
Deposits Purchased	:	$1.9 billion
Premium paid for acquiring deposits	:	1.0 percent
Loss Sharing Agreement with FDIC for assets	:	$1.2 billion
Cost to the Deposit Insurance Fund	:	$170.7 million

Notes

As of March 31, 2011, Integra Bank, National Association had approximately $2.2 billion in total assets and $1.9 billion in total deposits. Old National Bank will pay the FDIC a premium of 1.0 percent to assume all of the deposits of Integra Bank, National Association. In addition to assuming all of the deposits of the failed bank, Old National Bank agreed to purchase essentially all of the assets.

# 64

Failed Bank	:	Bank of Choice - Greeley, Colorado
Date Closed	:	July 22, 2011
Assets	:	$1.07 billion
Deposits	:	$924.9 million

Acquiring Bank	:	Bank Midwest, National Association - Kansas City, Missouri
Assets Purchased	:	$853.0 million
Deposits Purchased	:	$924.9 million
Premium paid for acquiring deposits	:	-
Loss Sharing Agreement with FDIC for assets	:	-
Cost to the Deposit Insurance Fund	:	$213.6 million

Notes

As of March 31, 2011, Bank of Choice had approximately $1.07 billion in total assets and $924.9 million in total deposits. In addition to assuming all of the deposits, Bank Midwest, N.A. agreed to purchase approximately $853.0 million of the failed bank's assets.

# 63

Failed Bank	:	Superior Bank - Birmingham, Alabama
Date Closed	:	April 15, 2011
Assets	:	$3.0 billion
Deposits	:	$2.7 billion

Acquiring Bank	:	Superior Bank, N.A. - Birmingham, Alabama
Assets Purchased	:	$3.0 billion
Deposits Purchased	:	$2.7 billion
Premium paid for acquiring deposits	:	-
Loss Sharing Agreement with FDIC for assets	:	$1.84 billion
Cost to the Deposit Insurance Fund	:	$259.6 million

Notes

As of December 31, 2010, Superior Bank had approximately $3.0 billion in total assets and $2.7 billion in total deposits. In addition to assuming all of the deposits of the failed bank, Superior Bank, N.A. agreed to purchase essentially all of the assets.

# 62

Failed Bank	:	First Community Bank - Taos, New Mexico
Date Closed	:	January 28, 2011
Assets	:	$2.31 billion
Deposits	:	$1.94 billion

Acquiring Bank	:	U.S. Bank, National Association - Minneapolis, Minnesota
Assets Purchased	:	$2.31 billion
Deposits Purchased	:	$1.94 billion
Premium paid for acquiring deposits	:	-
Loss Sharing Agreement with FDIC for assets	:	-
Cost to the Deposit Insurance Fund	:	$260.0 million

Notes

As of September 30, 2010, First Community Bank had approximately $2.31 billion in total assets and $1.94 billion in total deposits. In addition to assuming all of the deposits of the failed bank, U.S. Bank, National Association agreed to purchase essentially all of the assets.

# 61

Failed Bank	:	United Western Bank - Denver, Colorado
Date Closed	:	January 21, 2011
Assets	:	$2.05 billion
Deposits	:	$1.65 billion

Acquiring Bank	:	First-Citizens Bank & Trust Company - Raleigh, North Carolina
Assets Purchased	:	$2.05 billion
Deposits Purchased	:	$1.65 billion
Premium paid for acquiring deposits	:	-
Loss Sharing Agreement with FDIC for assets	:	$1.11 billion
Cost to the Deposit Insurance Fund	:	$312.8 million

Notes

As of September 30, 2010, United Western Bank had approximately $2.05 billion in total assets and $1.65 billion in total deposits. First-Citizens Bank & Trust Company did not pay the FDIC a premium for the deposits of United Western Bank. In addition to assuming all of the deposits of the failed bank, First-Citizens Bank & Trust Company agreed to purchase essentially all of the assets. The FDIC and First-Citizens Bank & Trust Company entered into a loss-share transaction on $1.11 billion of United Western Bank's assets.

# 60

Failed Bank	:	Hillcrest Bank - Overland Park, Kansas
Date Closed	:	October 22, 2010
Assets	:	$1.65 billion
Deposits	:	$1.54 billion

Acquiring Bank	:	Hillcrest Bank, N.A. - Overland Park, Kansas
Assets Purchased	:	$1.65 billion
Deposits Purchased	:	$1.54 billion
Premium paid for acquiring deposits	:
Loss Sharing Agreement with FDIC for assets	:	$1.15 billion
Cost to the Deposit Insurance Fund	:	$329.7 million

Notes

As of June 30, 2010, Hillcrest Bank had approximately $1.65 billion in total assets and $1.54 billion in total deposits. Hillcrest Bank, N.A. did not pay the FDIC a premium for the deposits of Hillcrest Bank. In addition to assuming all of the deposits of the failed bank, Hillcrest Bank, N.A. agreed to purchase essentially all of the assets. Hillcrest Bank, National Association, Overland Park, Kansas is a newly-chartered bank subsidiary of NBH Holdings Corp., Boston,