FACTBOX-U.S. bank failures in 2009

Fri Apr 10, 2009 10:42pm BST
 
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 April 10 (Reuters) - Following is a list of U.S. bank
failures so far this year, according to the Federal Deposit
Insurance Corp. Details about each bank closure are posted here
                U.S. BANK FAILURES IN 2009**
           (assets, deposits in million dollars)
BANK                  STATE   ASSETS  DEPOSITS  FDIC  CLOSING
                                             COST    DATE
Nat'l Bank of Comm.    Ill.    430.9   402.1     97.1  Jan 16
Bank of Clark County   Wash.   446.5   366.5    145.0* Jan 16
1st Centennial Bank    Calif.  803.3   676.9    227.0  Jan 23
MagnetBank             Utah    292.9   282.8    119.4  Jan 30
Suburban Federal       Marylnd 360.0   302.0    126.0  Jan 30
Ocala Nat'l Bank       Fla     223.5   205.2     99.6  Jan 30
FirstBank Financial    Georgia 337.0   279.0    111.0  Feb 6
Alliance Bank          Calif 1,140.0   951.0    206.0  Feb 6
County Bank            Calif 1,700.0 1,300.0    135.0  Feb 6
Sherman County Bank    Neb.    129.8    85.1     28.0  Feb 13
Riverside Bank         Fla.    539.0   424.0    201.5  Feb 13
Corn Belt Bank         Ill.    271.8   234.4    100.0  Feb 13
Pinnacle Bank          Oregon   73.0    64.0     12.1  Feb 13
Silver Falls Bank      Oregon  131.4   116.3     50.0  Feb 20
Security Savings Bank  Nevada  238.3   175.2     59.1  Feb 27
Heritage Community Bnk Ill.    232.9   218.6     41.6  Feb 27
Freedom Bank           Georgia 173.0   161.0     36.2  Mar 6
FirstCity Bank         Georgia 297.0   278.0    100.0  Mar 20
TeamBank N.A.          Kansas  669.8   492.8     98.0  Mar 20
Colorado Natl Bank     Colo.   123.5    82.7      9.0  Mar 20
Omni National Bank     Georgia 956.0   796.8    290.0  Mar 27
Cape Fear Bank         NC      492.0   403.0    131.0  Apr 10
* FDIC estimated the cost to its insurance fund at between $120
million and $145 million
** Table does not include two corporate credit unions that were
placed into conservatorship on March 20. The U.S. Central Federal
Credit Union in Kansas and the Western Corporate Federal Credit
Union in California, which provide products to the overall credit
union system, are insured by the National Credit Union
Administration.

 

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