February 2012 Failed Banks List

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February 2012 Failed Banks List

Home Savings of America, Little Falls, MN with approximately $434.1 million in total assets and $432.2 million in total deposits was closed. The FDIC has approved the payout of the insured deposits of Home Savings of America.
(PR-022-2012)

Central Bank of Georgia, Ellaville, GA with approximately $278.9 million in total assets and $266.6 million in total deposits was closed. Ameris Bank has agreed to assume all deposits.
(PR-021-2012)

SCB Bank, Shelbyville, IN with approximately $182.6 million in total assets and $171.6 million in total deposits was closed. First Merchants Bank, National Association has agreed to assume all deposits excluding certain brokered deposits.
(PR-018-2012)

Charter National Bank and Trust, Hoffman Estates, IL with approximately $93.9 million in total assets and $89.5 million in total deposits was closed. Barrington Bank & Trust Company, National Association has agreed to assume all deposits.
(PR-017-2012)

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