Bank Failures for November 2010

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The list of Bank Failures for November 2010 is updated through November 19, 2010.

November First Banking Center, Burlington, WI with approximately $750.7 million in total assets and $664.8 million in total deposits was closed. First Michigan Bank, Troy, MI has agreed to assume all deposits excluding the Cede & Co. deposits. (PR-255-2010).

Allegiance Bank of North America, Bala Cynwyd, PA with approximately $106.6 million in total assets and $92.0 million in total deposits was closed. VIST Bank, Wyomissing, PA has agreed to assume all deposits excluding the Cede & Co. deposits. (PR-254-2010).

Gulf State Community Bank, Carrabelle, FL with approximately $112.1 million in total assets and $112.2 million in total deposits was closed. Centennial Bank, Conway, AR has agreed to assume all deposits excluding the Cede & Co. deposits. (PR-253-2010).

Copper Star Bank, Scottsdale, AZ with approximately $204.0 million in total assets and $190.2 million in total deposits was closed. Stearns Bank, N.A., Saint Cloud, MN has agreed to assume all deposits excluding the Cede & Co. deposits. (PR-250-2010).

Darby Bank & Trust Co., Vidalia, GA with approximately $654.7 million in total assets and $587.6 million in total deposits was closed. Ameris Bank, Moultrie, GA has agreed to assume all deposits excluding the Cede & Co. deposits. (PR-249-2010).

Tifton Banking Company, Tifton, GA with approximately $143.7 million in total assets and $141.6 million in total deposits was closed. Ameris Bank, Moultrie, GA has agreed to assume all deposits including certain brokered deposits. (PR-249-2010).

First Vietnamese American Bank, Westminster, CA with approximately $48.0 million in total assets and $47.0 million in total deposits was closed. Grandpoint Bank, Los Angeles, CA has agreed to assume all deposits excluding certain brokered deposits. (PR-245-2010).

Pierce Commercial Bank, Tacoma, WA with approximately $221.1 million in total assets and $193.5 million in total deposits was closed. Heritage Bank, Olympia, WA has agreed to assume all deposits. (PR-244-2010).

Western Commercial Bank, Woodland Hills, CA with approximately $98.6 million in total assets and $101.1 million in total deposits was closed. First California Bank, Westlake Village, CA has agreed to assume all deposits. (PR-243-2010).

K Bank, Randallstown, MD with approximately $538.3 million in total assets and $500.1 million in total deposits was closed. Manufacturers and Traders Trust Company, Buffalo, NY has agreed to assume all deposits excluding certain brokered deposits. (PR-242-2010).

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