October Bank Failures 2010

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October Bank Failures 2010

First Arizona Savings, A FSB, Scottsdale, AZ with approximately $272.2 million in total assets and $198.8 million in total deposits was closed. The FDIC has approved the payout of the insured deposits of First Arizona Savings, A FSB. (PR-237-2010).

Hillcrest Bank, Overland Park, KS with approximately $1.65 billion in total assets and $1.54 billion in total deposits was closed. Hillcrest Bank, N.A., Overland Park, KS has agreed to assume all deposits excluding certain brokered deposits. (PR-236-2010).

First Suburban National Bank, Maywood, IL with approximately $148.7 million in total assets and $140.0 million in total deposits was closed. Seaway Bank and Trust Company, Chicago, IL has agreed to assume all deposits excluding certain brokered deposits. (PR-235-2010).

The First National Bank of Barnesville, Barnesville, GA with approximately $131.4 million in total assets and $127.1 million in total deposits was closed. United Bank, Zebulon, GA has agreed to assume all deposits excluding certain brokered deposits. (PR-234-2010).

The Gordon Bank, Gordon, GA with approximately $29.4 million in total assets and $26.7 million in total deposits was closed. Morris Bank, Dublin, GA has agreed to assume all deposits. (PR-233-2010).

Progress Bank of Florida, Tampa, FL with approximately $110.7 million in total assets and $101.3 million in total deposits was closed. Bay Cities Bank, Tampa, FL has agreed to assume all deposits excluding certain brokered deposits. (PR-232-2010).

First Bank of Jacksonville, Jacksonville, FL with approximately $81.0 million in total assets and $77.3 million in total deposits was closed. Ameris Bank, Moultrie, GA has agreed to assume all deposits. (PR-231-2010).

Premier Bank, Jefferson City, MO with approximately $1.18 billion in total assets and $1.03 billion in total deposits was closed. Providence Bank, Columbia, MO has agreed to assume all deposits excluding certain brokered deposits. (PR-228-2010).

WestBridge Bank and Trust Company, Chesterfield, MO with approximately $91.5 million in total assets and $72.5 in total deposits was closed. Midland States Bank, Effingham, IL has agreed to assume all deposits excluding certain brokered deposits. (PR-227-2010).

Security Savings Bank, F.S.B, Olathe, KS with approximately $508.4 million in total assets and $397.0 million in total deposits was closed. Simmons First National Bank, Pine Bluff, AR has agreed to assume all deposits. (PR-226-2010).

Shoreline Bank, Shoreline, WA with approximately $104.2 million in total assets and $100.2 million in total deposits was closed. GBC International Bank, Los Angeles, CA has agreed to assume all deposits excluding certain brokered deposits. (PR-221-2010).

Wakulla Bank, Crawfordville, FL with approximately $424.1 million in total assets and $386.3 million in total deposits was closed. Centennial Bank, Conway, AR has agreed to assume all deposits excluding certain brokered deposits. (PR-220-2010).

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