FDIC Failed Banks February 2011

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February US Bank Failures 2011

FDIC AMERICA

 

The list of Bank Failures in Brief is updated through February 25, 2011.

 


February Bank Failures Closings

Valley Community Bank, St. Charles, IL with approximately $123.8 million in total assets and $124.2 million in total deposits was closed. First State Bank, Mendota, IL has agreed to assume all deposits excluding the Cede & Co. deposits.
(PR-048-2011)

San Luis Trust Bank, FSB, San Luis Obispo, CA with approximately $332.6 million in total assets and $272.2 million in total deposits was closed. First California Bank, Westlake Village, CA has agreed to assume all deposits excluding the Cede & Co. deposits.
(PR-041-2011)

Charter Oak Bank, Napa, CA with approximately $120.8 million in total assets and $105.3 million in total deposits was closed. Bank of Marin, Novato, CA has agreed to assume all deposits excluding the Cede & Co. deposits.
(PR-040-2011)

Citizens Bank of Effingham, Springfield, GA with approximately $214.3 million in total assets and $206.5 million in total deposits was closed. Heritage Bank of the South, Albany, GA has agreed to assume all deposits excluding the Cede & Co. deposits.
(PR-039-2011)

Habersham Bank, Clarkesville, GA with approximately $387.6 million in total assets and $339.9 million in total deposits was closed. SCBT National Association, Orangeburg, SC has agreed to assume all deposits.
(PR-038-2011)

Canyon National Bank, Palm Springs, CA with approximately $210.9 million in total assets and $205.3 million in total deposits was closed. Pacific Premier Bank, Costa Mesa, CA has agreed to assume all deposits excluding the Cede & Co. deposits.
(PR-035-2011)

Badger State Bank, Cassville, WI with approximately $83.8 million in total assets and $78.5 million in total deposits was closed. Royal Bank, Elroy, WI has agreed to assume all deposits excluding the Cede & Co. deposits.
(PR-034-2011)

Peoples State Bank, Hamtramck, MI with approximately $390.5 million in total assets and $389.9 million in total deposits was closed. First Michigan Bank, Troy, MI has agreed to assume all deposits.
(PR-033-2011)

Sunshine State Community Bank, Port Orange, FL with approximately $125.5 million in total assets and $116.7 million in total deposits was closed. Premier American Bank, National Association, Miami, FL has agreed to assume all deposits.
(PR-032-2011)

Community First Bank Chicago, Chicago, IL with approximately $51.1 million in total assets and $49.5 million in total deposits was closed. Northbrook Bank & Trust Company, Northbrook, IL has agreed to assume all deposits.
(PR-025-2011)

North Georgia Bank, Watkinsville, GA with approximately $153.2 million in total assets and $139.7 million in total deposits was closed. BankSouth, Greensboro, GA has agreed to assume all deposits excluding the Cede & Co. deposits.
(PR-024-2011)

American Trust Bank, Roswell, GA with approximately $238.2 million in total assets and $222.2 million in total deposits was closed. Renasant Bank, Tupelo, MS has agreed to assume all deposits.
(PR-023-2011)

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