Failed Bank List 2009

Failed Bank List 2009

Estimated cost to FDIC insurance fund in parentheses:

140. Citizens State Bank, New Baltimore, Michigan, December 18 ($76.6 million)
139. RockBridge Commercial Bank, Atlanta, Georgia, December 18 ($124.2 million)
138. Imperial Capital Bank, La Jolla, California, December 18 ($619.2 million)
137. Independent Bankers’ Bank, Springfield, Illinois, December 18 ($68.4 million)
136. Peoples First Community Bank, Panama City, Florida, December 18 ($556.7 million)
135. New South Federal Savings Bank, Irondale, Alabama, December 18 ($212.3 million)
134. First Federal Bank of California, Santa Monica, California, December 18 ($146.3 million)
133. SolutionsBank, Overland Park, Kansas, December 11 ($122.1 million)
132. Republic Federal Bank, Miami, Florida, December 11 ($122.6 million)
131. Valley Capital Bank, Mesa, Arizona, December 11 ($7.4 million)
130. Greater Atlantic Bank, Reston, Virginia, December 4
129. Benchmark Bank, Aurora, Illinois, December 4
128. AmTrust Bank, Cleveland, Ohio, December 4
127. The Tattnall Bank, Reidsville, Georgia, December 4
126. First Security National Bank, Norcross, Georgia, December 4
125. The Buckhead Community Bank, Atlanta, Georgia, December 4
124. Commerce Bank of Southwest Florida, Fort Myers, Florida, November 20
123. Pacific Coast National Bank, San Clemente, California, November 13 ($27.4 million)
122. Orion Bank, Naples, Florida, November 13 ($615 million)
121. Century Bank, F.S.B., Sarasota, Florida, November 13 ($344 million)
120. United Commercial Bank, San Francisco, California, November 6 ($1.4 billion)
119. Gateway Bank of St. Louis, St. Louis, Missouri, November 6
118. Prosperan Bank, Oakdale, Minnesota, November 6
117. Home Federal Savings Bank, Detroit, Michigan, November 6
116. United Security Bank, Sparta, Georgia, November 6
115. North Houston Bank, Houston, Texas, October 30
114. Madisonville State Bank, Madisonville, Texas, October 30
113. Citizens National Bank, Teague, Texas, October 30
112. Park National Bank, Chicago, Illinois, October 30
111. Pacific National Bank, San Francisco, California, October 30
110. California National Bank, Los Angeles, California, October 30
109. San Diego National Bank, San Diego, California, October 30
108. Community Bank of Lemont, Lemont, Illinois, October 30
107. Bank USA, Phoenix, Arizona, October 30
106. First DuPage Bank, Westmont, Illinois, October 23
105. Riverview Community Bank, Otsego, Minnesota, October 23
104. Bank of Elmwood, Racine, Wisconsin, October 23
103. Flagship National Bank, Bradenton, Florida, October 23
102. Hillcrest Bank Florida, Naples, Florida, October 23
101. American United Bank, Lawrenceville, Georgia, October 23
100. Partners Bank, Naples, Florida, October 23
99. San Joaquin Bank, Bakersfield, California, October 16 ($103 million)
98. Southern Colorado National Bank, Pueblo, Colorado, October 2 ($6.6 million)
97. Jennings State Bank, Spring Grove, Minnesota, October 2 ($11.7 million)
96. Warren Bank, Warren, Michigan, October 2 ($275 million)
95. Georgian Bank, Atlanta, Georgia, September 25 ($892 million)
94. Irwin Union Bank, F.S.B., Louisville, Kentucky, September 18 ($850 million, #93 & #94 combined)
93. Irwin Union Bank and Trust Company, Columbus, Indiana, September 18 (see above)
92. Venture Bank, Lacey, Washington, September 11. ($298 million)
91. Brickwell Community Bank, Woodbury, Minnesota, September 11. ($22 million)
90. Corus Bank, Chicago, Illinois, September 11. ($1.7 billion)
89. First State Bank, Flagstaff, Arizona, September 4. ($47 million)
88. Platinum Community Bank, Rolling Meadows, Illinois, September 4. ($114 million)
87. Vantus Bank, Sioux City, Iowa, September 4. ($168 million)
86. InBank, Oak Forest, Illinois, September 4. ($66 million)
85. First Bank of Kansas City, Kansas City, Missouri, September 4. ($6 million)
84. Affinity Bank, Ventura, California, August 28.
83. Mainstreet Bank, Forest Lake, Minnesota, August 28.
82. Bradford Bank, Baltimore, Maryland, August 28.
81. Guaranty Bank, Austin, Texas, August 21.
80. CapitalSouth Bank, Birmingham, Alabama, August 21.
79. First Coweta Bank, Newnan, Georgia, August 21.
78. ebank, Atlanta, Georgia, August 21.
77. Community Bank of Nevada, Las Vegas, Nevada, August 14.
76. Community Bank of Arizona, Phoenix, Arizona, August 14.
75. Union Bank, National Association, Gilbert, Arizona, August 14.
74. Colonial Bank, Montgomery, Alabama, August 14.
73. Dwelling House Savings and Loan Association, Pittsburgh, Pennsylvania, August 14.
72. Community First Bank, Prineville, Oregon, August 7.
71. Community National Bank, Sarasota County, Venice, Florida, August 7.
70. First State Bank, Sarasota, Florida, August 7.
69. Mutual Bank, Harvey, Illinois, July 31.
68. First BankAmericano, Elizabeth, New Jersey, July 31.
67. Peoples Community Bank, Westchester, Ohio, July 31.
66. Integrity Bank, Jupiter, Florida, July 31.
65. First State Bank of Altus, Altus, Oklahoma, July 31.
64. Security Bank of Jones County, Gray, Georgia, July 24.
63. Security Bank of Houston County, Perry, Georgia, July 24.
62. Security Bank of Bibb County, Macon, Georgia, July 24.
61. Security Bank of North Metro, Woodstock, Georgia, July 24.
60. Security Bank of North Fulton, Alpharetta, Georgia, July 24.
59. Security Bank of Gwinnett County, Suwanee, Georgia, July 24.
58. Waterford Village Bank, Williamsville, New York, July 24.
57. Temecula Valley Bank, Temecula, California, July 17.
56. Vineyard Bank, Rancho Cucamonga, California, July 17.
55. BankFirst, Sioux Falls, South Dakota, July 17.
54. First Piedmont Bank, Winder, Georgia, July 17.
53. Bank of Wyoming, Thermopolis, Wyoming, July 10.
52. Founders Bank, Worth, Illinois, July 2. 
51. Millennium State Bank of Texas, Dallas, Texas, July 2.
50. First National Bank of Danville, Danville, Illinois, July 2. 
49. Elizabeth State Bank, Elizabeth, Illinois, July 2.
48. Rock River Bank, Oregon, Illinois, July 2.
47. First State Bank of Winchester, Winchester, Illinois, July 2.
46. John Warner Bank, Clinton, Illinois, July 2.
45. Mirae Bank, Los Angeles, California, June 26.
44. Metro Pacific Bank, Irvine, California, June 26.
43. Horizon Bank, Pine City, Minnesota, June 26.
42. Neighborhood Community Bank, Newnan, Georgia, June 26.
41. Community Bank of West Georgia, Villa Rica, Georgia, June 26.
40. First National Bank of Anthony, Anthony, Kansas, June 19.
39. Cooperative Bank, Wilmington, North Carolina, June 19.
38. Southern Community Bank, Fayetteville, Georgia, June 19.
37. Bank of Lincolnwood, Lincolnwood, Illinois, June 5.
36. Citizens National Bank, Macomb, Illinois, May 22.
35. Strategic Capital Bank, Champaign, Illinois, May 22.
34. BankUnited, FSB, Coral Gables, Florida, May 21.
33. Westsound Bank, Bremerton, Washington, May 8.
32. America West Bank, Layton, Utah, May 1.
31. Citizens Community Bank, Ridgewood, New Jersey, May 1.
30. Silverton Bank, N.A., Atlanta, Georgia, May 1.
29. First Bank of Idaho, Ketchum, Idaho, April 24.
28. First Bank of Beverly Hills, Calabasas, California, April 24.
27. Michigan Heritage Bank, Farmington Hills, Michigan, April 24.
26. American Southern Bank, Kennesaw, Georgia, April 24.
25. Great Basin Bank of Nevada, Elko, Nevada, April 17.
24. American Sterling Bank, Sugar Creek, Missouri, April 17.
23. New Frontier Bank, Greeley, Colorado. April 10.
22. Cape Fear Bank, Wilmington, North Carolina, April 10.
21. Omni National Bank, Atlanta, Georgia, March 27.
20. TeamBank, National Association, Paola, Kansas, March 20.
19. Colorado National Bank, Colorado Springs, Colorado, March 20.
18. FirstCity Bank, Stockbridge, Georgia, March 20.
17. Freedom Bank of Georgia, Commerce, Georgia, March 6.
16. Security Savings Bank, Henderson, Nevada, February 27.
15. Heritage Community Bank, Glenwood, Illinois, February 27.
14. Silver Falls Bank, Silverton, Oregon, February 20.
13. Pinnacle Bank of Oregon, Beaverton, Oregon, February 13.
12. Corn Belt Bank and Trust Company, Pittsfield, Illinois, February 13.
11. Riverside Bank of the Gulf Coast, Cape Coral, Florida, February 13.
10. Sherman County Bank, Loup City, Nebraska, February 13.
9. County Bank, Merced, California, February 6.
8. Alliance Bank, Culver City, California, February 6.
7. FirstBank Financial Services, McDonough, Georgia, February 6.
6. Ocala National Bank, Ocala, Florida, January 30.
5. Suburban Federal Savings Bank, Crofton, Maryland, January 30.
4. MagnetBank, Salt Lake City, Utah, January 30.
3. 1st Centennial Bank, Redlands, California, January 23.
2. Bank of Clark County, Vancouver, Washington, January 16.
1. National Bank of Commerce, Berkeley, Illinois, January 16.

Bank failures explained

List of banks that have failed since October 1, 2000. You’ll notice that only two banks failed in the last two months of 2000; four in all of 2001; 11 in 2002; three in 2003; four in 2004; three in 2007; then a spike up to 25 in 2008. In 2009—140.

This page last updated December 19, 2009