FDIC Failed Banks List 2009

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<h1>FDIC Failed Banks List 2009</h1>
<p><br />The list of Bank Failures in Brief is updated through December 18, 2009. Please address <br /><br />questions on this subject to the Customer Service Hotline (telephone: 888-206-4662).<br /><br /></p>
<h2>December</h2>
<p><br />First Federal Bank of California, F.S.B., Santa Monica, CA with approximately $6.1 billion in <br /><br />assets and approximately $4.5 billion in deposits was closed. OneWest Bank, Pasadena, CA has <br /><br />agreed to assume all deposits. (PR-239-2009)<br /><br />Imperial Capital Bank, La Jolla, CA with approximately $4.0 billion in assets and <br /><br />approximately $2.8 billion in deposits was closed. City National Bank, Los Angeles, CA has <br /><br />agreed to assume all deposits, excluding certain brokered deposits. (PR-238-2009)<br /><br />Independent Bankers’ Bank, Springfield, IL, with approximately $585.5 million in assets and <br /><br />$511.5 million in deposits was closed. The FDIC created a bridge bank, Independent Bankers’ <br /><br />Bank Bridge Bank (IBB Bridge Bank, N.A.), to take over operations. (PR-237-2009)<br /><br />New South Federal Savings Bank, Irondale, AL with approximately $1.5 billion in assets and <br /><br />approximately $1.2 billion in deposits was closed. Beal Bank, Plano, TX has agreed to assume <br /><br />all deposits. (PR-236-2009)<br /><br />Citizens State Bank, New Baltimore, MI, with approximately $168.6 million in assets and $157.1 <br /><br />million in deposits was closed. Deposit Insurance National Bank of New Baltimore, New <br /><br />Baltimore, MI has agreed to assume insured deposits. (PR-235-2009)<br /><br />Peoples First Community Bank, Panama City, FL with approximately $1.8 billion in assets and <br /><br />approximately $1.7 billion in deposits was closed. Hancock Bank, Gulfport, MS has agreed to <br /><br />assume all deposits, excluding certain brokered deposits. (PR-234-2009)<br /><br />RockBridge Commercial Bank, Atlanta, GA, with approximately $294.0 million in assets and <br /><br />approximately $291.7 million in deposits was approved for payout by the FDIC Board of <br /><br />Directors. (PR-233-2009)<br /><br />SolutionsBank, Overland Park, KS with approximately $511.1 million in assets and approximately <br /><br />$421.3 million in deposits was closed. Arvest Bank, Fayetteville, AR has agreed to assume all <br /><br />deposits, excluding certain brokered deposits. (PR-227-2009)<br /><br />Valley Capital Bank, National Association, Mesa, AZ with approximately $40.3 million in assets <br /><br />and approximately $41.3 million in deposits was closed. Enterprise Bank &amp; Trust, Clayton, MO <br /><br />has agreed to assume all deposits. (PR-226-2009)<br /><br />Republic Federal Bank, National Association, Miami, FL with approximately $433.0 million in <br /><br />assets and approximately $352.7 million in deposits was closed. 1st United Bank, Boca Raton, <br /><br />FL has agreed to assume all deposits, excluding certain brokered deposits. (PR-225-2009)<br /><br />Greater Atlantic Bank, Reston, VA with approximately $203.0 million in assets and <br /><br />approximately $179.0 million in deposits was closed. Sonabank, McLean, VA has agreed to assume <br /><br />all deposits. (PR-224-2009)<br /><br />Benchmark Bank, Aurora, IL with approximately $170.0 million in assets and approximately <br /><br />$181.0 million in deposits was closed. MB Financial Bank, N.A., Chicago, IL has agreed to <br /><br />assume all deposits, excluding certain brokered deposits. (PR-223-2009)<br /><br />AmTrust Bank, Cleveland, OH with approximately $12.0 billion in assets and approximately $8.0 <br /><br />billion in deposits was closed. New York Community Bank, Westbury, NY has agreed to assume all <br /><br />deposits. (PR-222-2009)<br /><br />The Tattnall Bank, Reidsville, GA with approximately $49.6 million in assets and approximately <br /><br />$47.3 million in deposits was closed. HeritageBank of the South, Albany, GA has agreed to <br /><br />assume all deposits, excluding certain brokered deposits. (PR-221-2009)<br /><br />First Security National Bank, Norcross, GA with approximately $128.0 million in assets and <br /><br />approximately $123.0 million in deposits was closed. State Bank and Trust Company, Macon, GA <br /><br />has agreed to assume all deposits, excluding certain brokered deposits. (PR-220-2009)<br /><br />The Buckhead Community Bank, Atlanta, GA with approximately $874.0 million in assets and <br /><br />approximately $838.0 million in deposits was closed. State Bank and Trust Company, Macon, GA <br /><br />has agreed to assume all deposits, excluding certain brokered deposits. (PR-219-2009)<br /><br /></p>
<h2>November</h2>
<p><br />Commerce Bank of Southwest Florida, Fort Myers, FL with approximately $79.7 million in assets <br /><br />and approximately $76.7 million in deposits was closed. Central Bank, Stillwater, MN has <br /><br />agreed to assume all deposits, excluding certain brokered deposits. (PR-211-2009)<br /><br />Pacific Coast National Bank, San Clemente, CA with approximately $134.4 million in assets and <br /><br />approximately $130.9 million in deposits was closed. Sunwest Bank, Tustin, CA has agreed to <br /><br />assume all deposits, excluding certain brokered deposits. (PR-207-2009)<br /><br />Orion Bank, Naples, FL with approximately $2.7 billion in assets and approximately $2.1 <br /><br />billion in deposits was closed. IBERIABANK, Lafayette, LA has agreed to assume all deposits, <br /><br />excluding certain brokered deposits. (PR-206-2009)<br /><br />Century Bank, a Federal Savings Bank, Sarasota, FL with approximately $728 million in assets <br /><br />and approximately $631 million in deposits was closed. IBERIABANK, Lafayette, LA has agreed to <br /><br />assume all deposits, excluding certain brokered deposits. (PR-205-2009)<br /><br />United Commercial Bank, San Francisco, CA with approximately $11.2 billion in assets and <br /><br />approximately $7.5 billion in deposits was closed. East West Bank, Pasadena, CA has agreed to <br /><br />assume all deposits, excluding certain brokered deposits. (PR-201-2009)<br /><br />Gateway Bank of St. Louis, St. Louis, MO with approximately $27.7 million in assets and <br /><br />approximately $27.9 million in deposits was closed. Central Bank of Kansas City, Kansas City, <br /><br />MO has agreed to assume all deposits. (PR-200-2009)<br /><br />Prosperan Bank, Oakdale, MN with approximately $199.5 million in assets and approximately <br /><br />$175.6 million in deposits was closed. Alerus Financial, National Association, Grand Forks, ND <br /><br />has agreed to assume all deposits, excluding certain brokered deposits. (PR-199-2009)<br /><br />Home Federal Savings Bank, Detroit, MI,&nbsp; with approximately $14.9 million in assets and <br /><br />approximately $12.8 million in deposits was closed. Liberty Bank and Trust Company, New <br /><br />Orleans, LA has agreed to assume all deposits. (PR-198-2009)<br /><br />United Security Bank, Sparta, GA with approximately $157 million in assets and approximately <br /><br />$150 million in deposits was closed. Ameris Bank, Moultrie, GA has agreed to assume all <br /><br />deposits, excluding certain brokered deposits. (PR-197-2009)<br /><br /></p>
<h2>October</h2>
<p><br />North Houston Bank, Houston, TX,&nbsp; with approximately $326.2 million in assets and <br /><br />approximately $308.0 million in deposits was closed. U.S. Bank National Association, <br /><br />Minneapolis, MN has agreed to assume all deposits. (PR-195-2009)<br /><br />Madisonville State Bank, Madisonville, TX,&nbsp; with approximately $256.7 million in assets and <br /><br />approximately $225.2 million in deposits was closed. U.S. Bank National Association, <br /><br />Minneapolis, MN has agreed to assume all deposits. (PR-195-2009)<br /><br />Citizens National Bank, Teague, TX,&nbsp; with approximately $118.2 million in assets and <br /><br />approximately $97.7 million in deposits was closed. U.S. Bank National Association, <br /><br />Minneapolis, MN has agreed to assume all deposits. (PR-195-2009)<br /><br />Park National Bank, Chicago, IL,&nbsp; with approximately $4.7 billion in assets and approximately <br /><br />$3.7 billion in deposits was closed. U.S. Bank National Association, Minneapolis, MN has <br /><br />agreed to assume all deposits. (PR-195-2009)<br /><br />Pacific National Bank, San Francisco, CA,&nbsp; with approximately $2.3 billion in assets and <br /><br />approximately $1.8 billion in deposits was closed. U.S. Bank National Association, <br /><br />Minneapolis, MN has agreed to assume all deposits. (PR-195-2009)<br /><br />California National Bank, Los Angeles, CA,&nbsp; with approximately $7.8 billion in assets and <br /><br />approximately $6.2 billion in deposits was closed. U.S. Bank National Association, <br /><br />Minneapolis, MN has agreed to assume all deposits. (PR-195-2009)<br /><br />San Diego National Bank, San Diego, CA,&nbsp; with approximately $3.6 billion in assets and <br /><br />approximately $2.9 billion in deposits was closed. U.S. Bank National Association, <br /><br />Minneapolis, MN has agreed to assume all deposits. (PR-195-2009)<br /><br />Community Bank of Lemont, Lemont, IL,&nbsp; with approximately $81.8 million in assets and <br /><br />approximately $81.2 million in deposits was closed. U.S. Bank National Association, <br /><br />Minneapolis, MN has agreed to assume all deposits. (PR-195-2009)<br /><br />Bank USA, National Association, Phoenix, AZ,&nbsp; with approximately $212.8 million in assets and <br /><br />approximately $117.1 million in deposits was closed. U.S. Bank National Association, <br /><br />Minneapolis, MN has agreed to assume all deposits. (PR-195-2009)<br /><br />First DuPage Bank, Westmont, IL with approximately $279 million in assets and approximately <br /><br />$254 million in deposits was closed. First Midwest Bank, Itasca, IL has agreed to assume all <br /><br />deposits, excluding certain brokered deposits. (PR-192-2009)<br /><br />Riverview Community Bank, Otsego, MN,&nbsp; with approximately $108 million in assets and <br /><br />approximately $80 million in deposits was closed. Central Bank, Stillwater, MN has agreed to <br /><br />assume all deposits. (PR-191-2009)<br /><br />Bank of Elmwood, Racine, WI with approximately $327.4 million in assets and approximately <br /><br />$273.2 million in deposits was closed. Tri City National Bank, Oak Creek, WI has agreed to <br /><br />assume all deposits, excluding certain brokered deposits. (PR-190-2009)<br /><br />Flagship National Bank, Bradenton, FL with approximately $190 million in assets and <br /><br />approximately $175 million in deposits was closed. First Federal Bank of Florida, Lake City, <br /><br />FL has agreed to assume all deposits. (PR-189-2009)<br /><br />Hillcrest Bank Florida, Naples, FL with approximately $83 million in assets and approximately <br /><br />$84 million in deposits was closed. Stonegate Bank, Fort Lauderdale, FL has agreed to assume <br /><br />all deposits, excluding certain brokered deposits. (PR-188-2009)<br /><br />American United Bank, Lawrenceville, GA with approximately $111 million in assets and <br /><br />approximately $101 million in deposits was closed. Ameris Bank, Moultrie, GA has agreed to <br /><br />assume all deposits. (PR-187-2009)<br /><br />Partners Bank, Naples, FL with approximately $65.5 million in assets and approximately $64.9 <br /><br />million in deposits was closed. Stonegate Bank, Fort Lauderdale, FL has agreed to assume all <br /><br />deposits. (PR-186-2009)<br /><br />San Joaquin Bank, Bakersfield, CA with approximately $775 million in assets and approximately <br /><br />$631 million in deposits was closed. Citizens Business Bank, Ontario, CA has agreed to assume <br /><br />all deposits, excluding certain brokered deposits. (PR-185-2009)<br /><br />Southern Colorado National Bank, Pueblo, CO with approximately $39.5 million in assets and <br /><br />approximately $31.9 million in deposits was closed. Legacy Bank, Wiley, CO has agreed to <br /><br />assume all deposits. (PR-181-2009)<br /><br />Jennings State Bank, Spring Grove, MN with approximately $56.3 million in assets and <br /><br />approximately $52.4 million in deposits was closed. Central Bank, Stillwater, MN has agreed to <br /><br />assume all deposits. (PR-180-2009)<br /><br />Warren Bank, Warren, MI with approximately $538 million in assets and approximately $501 <br /><br />million in deposits was closed. The Huntington National Bank, Columbus, OH has agreed to <br /><br />assume all deposits, excluding certain brokered deposits. (PR-179-2009)<br /><br /></p>
<h2>September</h2>
<p><br />Georgian Bank, Atlanta, GA with approximately $2 billion in assets and approximately $2 <br /><br />billion in deposits was closed. First Citizens Bank and Trust Company, Inc., Columbia, SC has <br /><br />agreed to assume all deposits, excluding certain brokered deposits. (PR-177-2009)<br /><br />Irwin Union Bank, F.S.B., Louisville, KY with approximately $493 million in assets and <br /><br />approximately $441 million in deposits was closed. First Financial Bank, N.A., Hamilton, OH <br /><br />has agreed to assume all deposits. (PR-174-2009)<br /><br />Irwin Union Bank and Trust Company, Columbus, IN with approximately $2.7 billion in assets and <br /><br />approximately $2.1 billion in deposits was closed. First Financial Bank, N.A., Hamilton, OH <br /><br />has agreed to assume all deposits. (PR-174-2009)<br /><br />Venture Bank, Lacey, WA with approximately $970 million in assets and approximately $903 <br /><br />million in deposits was closed. First-Citizens Bank &amp; Trust Company, Raleigh, NC has agreed to <br /><br />assume all deposits, excluding certain brokered deposits. (PR-170-2009)<br /><br />Brickwell Community Bank, Woodbury, MN with approximately $72 million in assets and <br /><br />approximately $63 million in deposits was closed. CorTrust Bank N.A. Mitchell, SD has agreed <br /><br />to assume all deposits, excluding certain brokered deposits. (PR-169-2009)<br /><br />Corus Bank, N.A., Chicago, IL with approximately $7 billion in assets and approximately $7 <br /><br />billion in deposits was closed. MB Financial Bank, N.A., Chicago, IL has agreed to assume all <br /><br />deposits, excluding certain brokered deposits. (PR-168-2009)<br /><br />First State Bank, Flagstaff, AZ with approximately $105 million in assets and approximately <br /><br />$95 million in deposits was closed. Sunwest Bank, Tustin, CA has agreed to assume all <br /><br />deposits, excluding certain brokered deposits. (PR-165-2009)<br /><br />Platinum Community Bank, Rolling Meadows, IL, with approximately $345.6 million in assets and <br /><br />approximately $305.0 million in deposits was approved for payout by the FDIC Board of <br /><br />Directors. (PR-164-2009)<br /><br />Vantus Bank, Sioux City, IA with approximately $458 million in assets and approximately $368 <br /><br />million in deposits was closed. Great Southern Bank, Springfield, MO has agreed to assume all <br /><br />deposits. (PR-163-2009)<br /><br />InBank, Oak Forest, IL with approximately $212 million in assets and approximately $199 <br /><br />million in deposits was closed. MB Financial Bank, National Association, Chicago, IL has <br /><br />agreed to assume all deposits, excluding certain brokered deposits. (PR-162-2009)<br />First Bank of Kansas City, Kansas City, MO with approximately $16 million in assets and <br /><br />approximately $15 million in deposits was closed. Great American Bank, De Soto, KS has agreed <br /><br />to assume all deposits. (PR-161-2009)<br /><br /></p>
<h2>August</h2>
<p><br />Affinity Bank, Ventura, CA with approximately $1 billion in assets and approximately $922 <br /><br />million in deposits was closed. Pacific Western Bank, San Diego, CA has agreed to assume all <br /><br />deposits, excluding certain brokered deposits. (PR-157-2009)<br /><br />Mainstreet Bank, Forest Lake, MN with approximately $459 million in assets and approximately <br /><br />$434 million in deposits was closed. Central Bank, Stillwater, MN has agreed to assume all <br /><br />deposits, excluding certain brokered deposits. (PR-156-2009)<br /><br />Bradford Bank, Baltimore, MD with approximately $452 million in assets and approximately $383 <br /><br />million in deposits was closed. Manufacturers and Traders Trust Company, Buffalo, NY has <br /><br />agreed to assume all deposits. (PR-155-2009)<br /><br />Guaranty Bank, Austin, TX with approximately $13 billion in assets and approximately $12 <br /><br />billion in deposits was closed. BBVA Compass, Birmingham, AL has agreed to assume all <br /><br />deposits, excluding certain brokered deposits. (PR-150-2009)<br /><br />CapitalSouth Bank, Birmingham, AL with approximately $617 million in assets and approximately <br /><br />$546 million in deposits was closed. IBERIABANK, Lafayette, LA has agreed to assume all <br /><br />deposits, excluding certain brokered deposits. (PR-149-2009)<br /><br />First Coweta Bank, Newnan, GA, with approximately $167 million in assets and approximately <br /><br />$155 million in deposits was closed. United Bank, Zebulon, GA, has agreed to assume all <br /><br />deposits, excluding certain brokered deposits. (PR-148-2009)<br /><br />ebank, Atlanta, Georgia, with approximately $143 million in assets and approximately $130 <br /><br />million in deposits was closed. Stearns Bank, National Association, St. Cloud, MN, has agreed <br /><br />to assume all deposits. (PR-147-2009)<br /><br />Community Bank of Nevada, Las Vegas, Nevada, with approximately $1.52 billion in assets and <br /><br />approximately $1.38 billion in deposits was closed. The FDIC has created the Deposit Insurance <br /><br />National Bank of Las Vegas, NV (“DINB of Las Vegas”) to facilitate the resolution of Community <br /><br />Bank of Nevada, Las Vegas, NV. (PR-146-2009)<br /><br />Community Bank of Arizona, Phoenix, Arizona, with approximately $158.5 million in total <br /><br />assets, was closed. MidFirst Bank, Oklahoma City, OK, has agreed to assume all deposits, <br /><br />excluding certain brokered deposits (approximately $143.8 million). (PR-145-2009)<br /><br />Union Bank, N.A., Gilbert, Arizona, with approximately $124 million in assets and <br /><br />approximately $112 in deposits was closed. MidFirst Bank, Oklahoma City, OK, has agreed to <br /><br />assume all non-brokered deposits. (PR-144-2009)<br /><br />Colonial Bank, Montgomery, Alabama, with approximately $25 billion in assets, was closed. <br /><br />Branch Banking and Trust Company (BB&amp;T), Winston-Salem, NC, has agreed to assume all deposits <br /><br />(approximately $20 billion). (PR-143-2009)<br /><br />Dwelling House Savings and Loan Association, Pittsburgh, Pennsylvania, with approximately <br /><br />$13.4 million in assets, was closed. PNC Bank, Pittsburgh, PA, has agreed to assume all <br /><br />deposits (approximately $13.8 million). (PR-142-2009)<br /><br />Community First Bank, Prineville, Oregon, with approximately $209 million in total assets, was <br /><br />closed. Home Federal Bank, Nampa, ID, has agreed to assume all deposits, excluding certain <br /><br />brokered deposits (approximately $182 million). (PR-141-2009)<br /><br />Community National Bank of Sarasota County, Venice, Florida, with approximately $97 million in <br /><br />assets, was closed. Stearns Bank, N.A., St. Cloud, MN, has agreed to assume all deposits <br /><br />(approximately $93 million). (PR-140-2009)<br /><br />First State Bank, Sarasota, Florida, with approximately $463 million in assets, was closed. <br /><br />Stearns Bank, N.A., St. Cloud, MN, has agreed to assume all deposits, excluding certain <br /><br />brokered deposits (approximately $387 million). (PR-139-2009)<br /><br /></p>
<h2>July</h2>
<p><br />Mutual Bank, Harvey, Illinois, with approximately $1.6 billion in assets, was closed. United <br /><br />Central Bank, Garland, Texas, has agreed to assume all deposits (approximately $1.6 billion). <br /><br />(PR-137-2009)<br /><br />First BankAmericano, Elizabeth, New Jersey, with approximately $166 million in assets, was <br /><br />closed. Crown Bank, Brick, New Jersey, has agreed to assume all deposits (approximately $157 <br /><br />million). (PR-136-2009)<br /><br />Peoples Community Bank, West Chester, Ohio, with approximately $705.8 million in assets, was <br /><br />closed. First Financial Bank, N.A., Hamilton, Ohio, has agreed to assume all deposits, <br /><br />excluding certain brokered deposits (approximately $598.2 million). (PR-135-2009)<br /><br />Integrity Bank, Jupiter, Florida, with approximately $119 million in assets, was closed. <br /><br />Stonegate Bank, Fort Lauderdale, Florida, has agreed to assume all deposits, excluding certain <br /><br />brokered deposits (approximately $102 million). (PR-134-2009)<br /><br />First State Bank of Altus, Altus, Oklahoma, with approximately $103.4 million in assets, was <br /><br />closed. Herring Bank, Amarillo, Texas, has agreed to assume all deposits (approximately $98.2 <br /><br />million). (PR-133-2009)<br /><br />Security Bank of Gwinnett County, Suwanee, GA; Security Bank of North Fulton, Alpharetta, GA; <br /><br />Security Bank of North Metro, Woodstock, GA; Security Bank of Bibb County, Macon, GA; Security <br /><br />Bank of Houston County, Perry, GA; and Security Bank of Jones County, Gray, GA, with <br /><br />approximately $2.8 billion in combined assets, were closed. State Bank and Trust Company, <br /><br />Pinehurst, Georgia, has agreed to assume all deposits (approximately $2.4 billion). (PR-130-<br /><br />2009)<br /><br />Waterford Village Bank, Williamsville, New York, with approximately $61.4 million in assets, <br /><br />was closed. Evans Bank, National Association, Angola, New York, has agreed to assume all <br /><br />deposits (approximately $58 million). (PR-129-2009)<br /><br />Temecula Valley Bank, Temecula, California, with approximately $1.5 billion in assets, was <br /><br />closed. First-Citizens Bank &amp; Trust Company, Raleigh, North Carolina, has agreed to assume all <br /><br />deposits, excluding certain brokered deposits (approximately $1.3 billion). (PR-126-2009)<br /><br />Vineyard Bank, N.A., Rancho Cucamonga, California, with approximately $1.9 billion in assets, <br /><br />was closed. California Bank &amp; Trust, San Diego, California, has agreed to assume all deposits, <br /><br />excluding certain brokered deposits (approximately $1.6 billion). (PR-125-2009)<br /><br />BankFirst, Sioux Falls, South Dakota, with approximately $275 million in assets, was closed. <br /><br />Alerus Financial, National Association, Grand Forks, North Dakota, has agreed to assume all <br /><br />deposits (approximately $254 million). (PR-124-2009)<br /><br />First Piedmont Bank, Winder, Georgia, with approximately $115 million in assets, was closed. <br /><br />First American Bank and Trust Company, Athens, Georgia, has agreed to assume all deposits <br /><br />(approximately $109 million). (PR-123-2009)<br /><br />Bank of Wyoming, Thermopolis, Wyoming, with approximately $70 million in assets, was closed. <br /><br />Central Bank &amp; Trust, Lander, Wyoming, has agreed to assume all deposits, excluding certain <br /><br />brokered deposits (approximately $67 million). (PR-122-2009)<br /><br />Founders Bank, Worth, Illinois, with approximately $962.5 million in assets, was closed. The <br /><br />PrivateBank and Trust Company, Chicago, Illinois, has agreed to assume all deposits <br /><br />(approximately $848.9 million). (PR-119-2009)<br /><br />Millennium State Bank of Texas, Dallas, Texas, with approximately $118 million in assets, was <br /><br />closed. State Bank of Texas, Irving, Texas, has agreed to assume all deposits (approximately <br /><br />$115 million). (PR-118-2009)<br /><br />The First National Bank of Danville, Danville, Illinois, with approximately $166 million in <br /><br />assets, was closed. First Financial Bank, N.A., Terre Haute, Indiana, has agreed to assume all <br /><br />deposits (approximately $147 million). (PR-117-2009)<br /><br />The Elizabeth State Bank, Elizabeth, Illinois, with approximately $55.5 million in assets, was <br /><br />closed. Galena State Bank and Trust Company, Galena, Illinois, has agreed to assume all <br /><br />deposits (approximately $50.4 million). (PR-116-2009)<br /><br />Rock River Bank, Oregon, Illinois, with approximately $77 million in assets, was closed. The <br /><br />Harvard State Bank, Harvard, Illinois, has agreed to assume all deposits (approximately $75.8 <br /><br />million). (PR-115-2009)<br /><br />The First State Bank of Winchester, Winchester, Illinois, with approximately $36 million in <br /><br />assets, was closed. The First National Bank of Beardstown, Beardstown, Illinois, has agreed to <br /><br />assume all deposits (approximately $34 million). (PR-114-2009)<br /><br />The John Warner Bank, Clinton, Illinois, with approximately $70 million in assets, was closed. <br /><br />State Bank of Lincoln, Lincoln, Illinois, has agreed to assume all deposits (approximately $64 <br /><br />million). (PR-113-2009)<br /><br /></p>
<h2>June</h2>
<p><br />Mirae Bank, Los Angeles, California, with approximately $456 million in assets, was closed. <br /><br />Wilshire State Bank, Los Angeles, California, has agreed to assume all deposits (approximately <br /><br />$362 million). (PR-105-2009)<br /><br />MetroPacific Bank, Irvine, California, with approximately $80 million in assets, was closed. <br /><br />Sunwest Bank, Tustin, California, has agreed to assume all non-brokered deposits <br /><br />(approximately $73 million). (PR-104-2009)<br /><br />Horizon Bank, Pine City, Minnesota, with approximately $87.6 million in assets, was closed. <br /><br />Stearns Bank N.A., St. Cloud, Minnesota, has agreed to assume all deposits, excluding certain <br /><br />brokered deposits (approximately $69.4 million). (PR-103-2009)<br /><br />Neighbor Community Bank, Newnan, Georgia, with approximately $221.6 million in assets, was <br /><br />closed. CharterBank, West Point, Georgia, has agreed to assume all deposits (approximately <br /><br />$191.3 million). (PR-102-2009)<br /><br />Community Bank of West Georgia, Villa Rica, Georgia, with approximately $199.4 million in <br /><br />assets and approximately $182.5 million in deposits was approved for payout by the FDIC Board <br /><br />of Directors. (PR-101-2009)<br /><br />First National Bank of Anthony, Anthony, Kansas, with approximately $156.9 million in assets, <br /><br />was closed. Bank of Kansas, South Hutchinson, Kansas, has agreed to assume all deposits <br /><br />(approximately $142.5 million). (PR-96-2009)<br /><br />Cooperative Bank, Wilmington, North Carolina, with approximately $970 million in assets, was <br /><br />closed. First Bank, Troy, North Carolina, has agreed to assume all deposits, excluding certain <br /><br />brokered deposits (approximately $774 million). (PR-95-2009)<br /><br />Southern Community Bank, Fayetteville, Georgia, with approximately $377 million in assets, was <br /><br />closed. United Community Bank, Blairsville, Georgia, has agreed to assume all deposits <br /><br />(approximately $307 million). (PR-94-2009)<br /><br />Bank of Lincolnwood, Lincolnwood, Illinois, with approximately $214 million in assets, was <br /><br />closed. Republic Bank of Chicago, Oak Brook, Illinois, has agreed to assume all deposits <br /><br />(approximately $202 million).<br />(PR-86-2009)<br /><br /></p>
<h2>May</h2>
<p><br />Citizens National Bank, Macomb, Illinois, with approximately $437 million in assets, was <br /><br />closed. Morton Community Bank, Morton, Illinois, has agreed to assume all non-brokered <br /><br />deposits (approximately $400 million). (PR-76-2009)<br /><br />Strategic Capital Bank, Champaign, Illinois, with approximately $537 million in assets, was <br /><br />closed. Midland States Bank, Effingham, Illinois, has agreed to assume all deposits <br /><br />(approximately $471 million).<br />(PR-75-2009)<br />BankUnited, FSB, Coral Gables, Florida, with approximately $12.8 billion in assets, was <br /><br />closed. BankUnited, Coral Gables, Florida, has agreed to assume all deposits (approximately <br /><br />$8.6 billion).<br />(PR-72-2009)<br /><br />Westsound Bank, Bremerton, Washington, with approximately $334.6 million in assets and $304.5 <br /><br />million in deposits, was closed. Kitsap Bank, Port Orchard, Washington, has agreed to assume <br /><br />all non-brokered deposits. (PR-69-2009)<br /><br />America West Bank, Layton, Utah, with approximately $299.4 million in assets, was closed. <br /><br />Cache Valley Bank, Logan, Utah, has agreed to assume all deposits (approximately $284.1 <br /><br />million).<br />(PR-63-2009)<br /><br />Citizens Community Bank, Ridgewood, New Jersey, with approximately $45.1 million in assets, <br /><br />was closed. North Jersey Community Bank, Englewood Cliffs, New Jersey, has agreed to assume <br /><br />all deposits (approximately $43.7 million). (PR-62-2009)<br /><br />Silverton Bank, N.A., Atlanta, Georgia, with approximately $4.1 billion in assets and $3.3 <br /><br />billion in deposits was closed. The FDIC created a bridge bank, Silverton Bridge Bank, N.A., <br /><br />to take over operations. (PR-61-2009)<br /><br /></p>
<h2>April</h2>
<p><br />First Bank of Idaho, Ketchum, Idaho, with approximately $488.9 million in assets, was closed. <br /><br />U.S. Bank, National Association, Minneapolis, MN, has agreed to assume all non-brokered <br /><br />deposits (approximately $374 million). (PR-60-2009)<br /><br />First Bank of Beverly Hills, Calabasas, California, with approximately $1.5 billion in assets <br /><br />and approximately $1 billion in deposits was approved for payout by the FDIC Board of <br /><br />Directors. (PR-59-2009)<br /><br />Michigan Heritage Bank, Farmington Hills, Michigan, with approximately $184.6 million in <br /><br />assets, was closed. Level One Bank, Farmington Hills, Michigan, has agreed to assume all <br /><br />deposits (approximately $151.7 million). (PR-58-2009)<br /><br />American Southern Bank, Kennesaw, Georgia, with approximately $112.3 million in assets and <br /><br />approximately $104.3 in deposits was closed. Bank of North Georgia, Alpharetta, Georgia, has <br /><br />agreed to assume all non-brokered deposits. (PR-57-2009)<br /><br />Great Basin Bank of Nevada, Elko, Nevada, with approximately $270.9 million in assets, was <br /><br />closed. Nevada State Bank, Las Vegas, Nevada, has agreed to assume all deposits (approximately <br /><br />$241.4 million). (PR-55-2009)<br /><br />American Sterling Bank, Sugar Creek, Missouri, with approximately $181 million in assets was <br /><br />closed. Metcalf Bank, Lee’s Summit, Missouri, has agreed to assume all deposits (approximately <br /><br />$171.9 million).&nbsp; (PR-54-2009)<br /><br />New Frontier Bank, Greeley, Colorado, with approximately $2.0 billion in assets and <br /><br />approximately $1.5 billion in deposits was closed. Deposit Insurance National Bank of Greeley, <br /><br />Greeley, Colorado has agreed to assume the non-brokered insured deposits. (PR-53-2009)<br /><br />Cape Fear Bank, Wilmington, North Carolina, with approximately $492 million in assets, was <br /><br />closed. First Federal Savings and Loan Association, Charleston, South Carolina, has agreed to <br /><br />assume all deposits, excluding certain brokered deposits (approximately $403 million). (PR-52<br /><br />-2009)<br /><br /></p>
<h2>March</h2>
<p><br />Omni National Bank, Atlanta, Georgia, with approximately $956.0 million in assets and <br /><br />approximately $796.8 million in deposits was closed. SunTrust Bank, Atlanta, Georgia has <br /><br />agreed to assume the non-brokered insured deposits. (PR-50-2009)<br /><br />TeamBank, National Association, Paola, Kansas, with approximately $669.8 million in assets, <br /><br />was closed. Great Southern Bank, Springfield, Missouri, has agreed to assume all deposits <br /><br />(approximately $492.8 million). (PR-46-2009)<br /><br />Colorado National Bank, Colorado Springs, Colorado, with approximately $123.5 million in <br /><br />assets, was closed. Herring Bank, Amarillo, Texas has agreed to assume all deposits <br /><br />(approximately $82.7 million). (PR-45-2009)<br /><br />FirstCity Bank, Stockbridge, Georgia, with approximately $297.0 million in assets and <br /><br />approximately $278.0 million in deposits was approved for payout by the FDIC Board of <br /><br />Directors. (PR-44-2009)<br /><br />Freedom Bank of Georgia, Commerce, Georgia, with approximately $173.0 million in assets and <br /><br />approximately $161.0 million in deposits, was closed. Northeast Georgia Bank, Lavonia, Georgia <br /><br />has agreed to assume all deposits. (PR-37-2009)<br /><br /></p>
<h2>February</h2>
<p><br />Security Savings Bank, Henderson, Nevada, with approximately $238.3 million in assets, was <br /><br />closed. Bank of Nevada, Las Vegas, NV has agreed to assume all non-brokered deposits <br /><br />(approximately $175.2 million). (PR-32-2009)<br /><br />Heritage Community Bank, Glenwood, Illinois, with approximately $232.9 million in assets, was <br /><br />closed. The MB Financial Bank, National Association, Chicago, Illinois has agreed to assume <br /><br />all deposits (approximately $218.6 million). (PR-31-2009)<br /><br />Silver Falls Bank, Silverton, Oregon, with approximately $131.4 million in assets was closed. <br /><br />Citizens Bank, Corvallis, Oregon has agreed to assume all deposits (approximately $116.3 <br /><br />million). (PR-24-2009)<br /><br />Pinnacle Bank of Oregon, Beaverton, Oregon, with approximately $73.0 million in assets was <br /><br />closed. Washington Trust Bank, Spokane, Washington has agreed to assume all deposits <br /><br />(approximately $64.0 million). (PR-23-2009)<br /><br />Corn Belt Bank and Trust Company, Pittsfield, Illinois, with approximately $271.8 million in <br /><br />assets and approximately $234.4 million in deposits, was closed. The Carlinville National <br /><br />Bank, Carlinville, Illinois has agreed to assume all non-brokered deposits. (PR-22-2009)<br /><br />Riverside Bank of the Gulf Coast, Cape Coral, Florida, with approximately $539.0 million in <br /><br />assets and approximately $424.0 million in deposits, was closed. TIB Bank, Naples, Florida has <br /><br />agreed to assume all non-brokered deposits. (PR-21-2009)<br /><br />Sherman County Bank, Loup City, Nebraska, with approximately $129.8 million in assets was <br /><br />closed. Heritage Bank, Wood River, Nebraska has agreed to assume all deposits (approximately <br /><br />$85.1 million). (PR-20-2009) <br /><br />County Bank, Merced, California, with approximately $1.7 billion in assets was closed. <br /><br />Westamerica Bank, San Rafael, California has agreed to assume all deposits (approximately $1.3 <br /><br />billion). (PR-19-2009)<br /><br />Alliance Bank, Culver City, California, with approximately $1.14 billion in assets and <br /><br />approximately $951.0 million in deposits was closed. California Bank &amp; Trust, San Diego, <br /><br />California has agreed to assume all deposits. (PR-18-2009)<br /><br />FirstBank Financial Services, McDonough, Georgia, with approximately $337.0 million in assets <br /><br />was closed. Regions Bank, Birmingham, Alabama has agreed to assume all deposits (approximately <br /><br />$279.0 million). (PR-17-2009)<br /><br /></p>
<h2>January</h2>
<p><br />Ocala National Bank, Ocala, Florida, with approximately $223.5 million in assets and <br /><br />approximately $205.2 million in deposits, was closed. CenterState Bank of Florida, Winter <br /><br />Haven, Florida has agreed to assume all non-brokered deposits. (PR-14-2009)<br /><br />Suburban Federal Savings Bank, Crofton, Maryland, with approximately $360.0 million in assets <br /><br />was closed. Bank of Essex, Tappahannock, Virginia has agreed to assume all deposits <br /><br />(approximately $302.0 million). (PR-13-2009)<br /><br />MagnetBank, Salt Lake City, Utah, with approximately $292.2 million in assets and <br /><br />approximately $282.8 million in deposits was approved for payout by the FDIC Board of <br /><br />Directors. (PR-12-2009)<br /><br />1st Centennial Bank, Redlands, California, with approximately $803.3 million in assets and <br /><br />approximately $676.9 million in deposits was closed. First California Bank, Westlake Village, <br /><br />California has agreed to assume the non-brokered insured deposits. (PR-7-2009)<br /><br />Bank of Clark County, Vancouver, Washington, with approximately $446.5 million in assets and <br /><br />approximately $366.5 million in deposits was closed. Umpqua Bank, Roseburg, Oregon has agreed <br /><br />to assume the non-brokered insured deposits. (PR-6-2009)<br /><br />National Bank of Commerce, Berkeley, Illinois, with approximately $430.9 million in total <br /><br />assets and $402.1 million in total deposits, was closed. In addition to assuming all of the <br /><br />failed bank’s deposits, Republic Bank of Chicago, Oak Brook, Illinois agreed to pay a discount <br /><br />of $44.9 million, and will purchase approximately $366.6 million of assets. The FDIC will <br /><br />retain the remaining assets for later disposition. (PR-5-2009)</p>

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