Failed Banks - 2010

By Wendell Cochran

As of Dec. 17, 157 banks have failed and been taken over by the Federal Deposit Insurance Corp. In most cases, deposits and some of the assets have been transferred to acquiring banks. The acquiring bank assumes the bank's deposits and, usually, some of the assets. In most cases, the FDIC acquires some of the assets -- normally the troubled loans. The FDIC estimates that the failures in 2010 have cost $22.2 billion.

Click on a bank's name for more details. Click on a column header to sort the list; click a second time to reverse the sort order.

Bank Name	Closing date	Acquiring bank	FDIC cost (millions)
The Bank of Miami, National Association Coral Gables, FL	2010-12-17	1st United Bank Boca Raton, FL	64.0
First Southern Bank Batesville, AR	2010-12-17	Southern Bank Poplar Bluff, MO	22.8
Community National Bank Lino Lakes, MN	2010-12-17	Farmers & Merchants Savings Bank Manchester, IA	3.7
United Americas Bank, National Association Atlanta, GA	2010-12-17	State Bank and Trust Company Macon, GA	75.8
Appalachian Community Bank, F.S.B. Mc Caysville, GA	2010-12-17	Peoples Bank of East Tennessee Madisonville, TN	26.0
Chestatee State Bank Dawsonville, GA	2010-12-17	Bank of the Ozarks Little Rock, AR	75.3
Paramount Bank Farmington Hills, MI	2010-12-10	Level One Bank Farmington Hills, MI	90.2
Earthstar Bank Southampton, PA	2010-12-10	Polonia Bank Huntingdon Valle, PA	22.9
Gulf State Community Bank Carrabelle, FL	2010-11-19	Centennial Bank Conway, AR	42.7
First Banking Center Burlington, WI	2010-11-19	First Michigan Bank Troy, MI	142.6
Allegiance Bank of North America Bala Cynwyd, PA	2010-11-19	VIST Bank Wyomissing, PA	14.2
Tifton Banking Company Tifton, GA	2010-11-12	Ameris Bank Moultrie, GA	24.6
Darby Bank & Trust Co. Vidalia, GA	2010-11-12	Ameris Bank Moultrie, GA	136.2
Copper Star Bank Scottsdale, AZ	2010-11-12	Stearns Bank National Association Saint Cloud, MN	43.6
Pierce Commercial Bank Tacoma, WA	2010-11-05	Heritage Bank Olympia, WA	21.3
Western Commercial Bank Woodland Hills, CA	2010-11-05	First California Bank Westlake Village, CA	25.2
K Bank Randallstown, MD	2010-11-05	Manufacturers and Traders Trust Company Buffalo, NY	198.4
First Vietnamese American Bank Westminster, CA	2010-11-05	Santa Ana Business Bank Santa Ana, CA	9.6
First Arizona Savings, A FSB Scottsdale, AZ	2010-10-22	No buyer found	32.8
First Suburban National Bank Maywood, IL	2010-10-22	Seaway Bank and Trust Company Chicago, IL	31.4
First Bank of Jacksonville Jacksonville, FL	2010-10-22	Ameris Bank Moultrie, GA	16.2
The First National Bank of Barnesville Barnesville, GA	2010-10-22	United Bank Zebulon, GA	33.9
Progress Bank of Florida Tampa, FL	2010-10-22	Bay Cities Bank Tampa, FL	25.0
Hillcrest Bank Overland Park, KS	2010-10-22	Hillcrest Bank, National Association*** Overland Park, KS	329.7
The Gordon Bank Gordon, GA	2010-10-22	Morris Bank Dublin, GA	9.9
Premier Bank Jefferson City, MO	2010-10-15	Providence Bank Columbia, MO	406.9
Westbridge Bank and Trust Chesterfield, MO	2010-10-15	Midland States Bank Effingham, IL	18.7
Security Savings Bank, F.S.B. Olathe, KS	2010-10-15	Simmons First National Bank Pine Bluff, AR	82.2
Wakulla Bank Crawfordville, FL	2010-10-01	Centennial Bank Conway, AR	113.4
Shoreline Bank Shoreline, WA	2010-10-01	GBC International Bank Los Angeles, CA	41.4
North County Bank Arlington, WA	2010-09-24	Whidbey Island Bank Coupeville, WA	72.8
Haven Trust Bank Florida Ponte Vedra Beac, FL	2010-09-24	First Southern Bank Boca Raton, FL	31.9
Bramble Savings Bank Milford, OH	2010-09-17	Foundation Bank Cincinnati, OH	14.6
Bank of Ellijay Ellijay, GA	2010-09-17	Community & Southern Bank Carrollton, GA	55.2
First Commerce Community Bank Douglasville, GA	2010-09-17	Community & Southern Bank Carrollton, GA	71.4
ISN Bank Cherry Hill, NJ	2010-09-17	New Century Bank Phoenixville, PA	23.9
The Peoples Bank Winder, GA	2010-09-17	Community & Southern Bank Carrollton, GA	98.9
Maritime Savings Bank West Allis, WI	2010-09-17	North Shore Bank, FSB Brookfield, WI	83.6
Horizon Bank Bradenton, FL	2010-09-10	Bank of the Ozarks Little Rock, AR	58.9
Butte Community Bank Chico, CA	2010-08-20	Rabobank, National Association El Centro, CA	17.4
Pacific State Bank Stockton, CA	2010-08-20	Rabobank, National Association El Centro, CA	32.6
ShoreBank Chicago, IL	2010-08-20	Urban Partnership Bank*** Chicago, IL	367.7
Los Padres Bank Solvang, CA	2010-08-20	Pacific Western Bank San Diego, CA	8.7
Imperial Savings and Loan Association Martinsville, VA	2010-08-20	River Community Bank, National Association Martinsville, VA	3.5
Community National Bank of Bartow Bartow, FL	2010-08-20	CenterState Bank of Florida, National Association Winter Haven, FL	10.3
Sonoma Valley Bank Sonoma, CA	2010-08-20	Westamerica Bank San Rafael, CA	10.1
Independent National Bank Ocala, FL	2010-08-20	CenterState Bank of Florida, National Association Winter Haven, FL	23.2
Palos Bank and Trust Company Palos Heights, IL	2010-08-13	First Midwest Bank Itasca, IL	72.0
Ravenswood Bank Chicago, IL	2010-08-06	Northbrook Bank and Trust Company Northbrook, IL	68.1
Northwest Bank & Trust Acworth, GA	2010-07-30	State Bank and Trust Company Macon, GA	39.8
The Cowlitz Bank Longview, WA	2010-07-30	Heritage Bank Olympia, WA	68.9
Coastal Community Bank Panama City Beac, FL	2010-07-30	Centennial Bank Conway, AR	94.5
LibertyBank Eugene, OR	2010-07-30	Home Federal Bank Nampa, ID	115.3
Bayside Savings Bank Port Saint Joe, FL	2010-07-30	Centennial Bank Conway, AR	16.2
Williamsburg First National Bank Kingstree, SC	2010-07-23	First Citizens Bank and Trust Company, Inc. Columbia, SC	8.8
Crescent Bank and Trust Company Jasper, GA	2010-07-23	Renasant Bank Tupelo, MS	242.4
Sterling Bank Lantana, FL	2010-07-23	Iberiabank Lafayette, LA	45.5
SouthwestUSA Bank Las Vegas, NV	2010-07-23	Plaza Bank Irvine, CA	74.1
Home Valley Bank Cave Junction, OR	2010-07-23	South Valley Bank & Trust Klamath Falls, OR	37.1
Community Security Bank New Prague, MN	2010-07-23	Roundbank Waseca, MN	18.6
Thunder Bank Sylvan Grove, KS	2010-07-23	The Bennington State Bank Salina, KS	4.5
First National Bank of the South Spartanburg, SC	2010-07-16	NAFH National Bank*** Miami, FL	74.9
Turnberry Bank Aventura, FL	2010-07-16	NAFH National Bank*** Miami, FL	34.4
Mainstreet Savings Bank, FSB Hastings, MI	2010-07-16	Commercial Bank Alma, MI	11.4
Woodlands Bank Bluffton, SC	2010-07-16	Bank of the Ozarks Little Rock, AR	115.0
Olde Cypress Community Bank Clewiston, FL	2010-07-16	CenterState Bank of Florida, National Association Winter Haven, FL	31.5
Metro Bank of Dade County Miami, FL	2010-07-16	NAFH National Bank*** Miami, FL	67.6
Ideal Federal Savings Bank Baltimore, MD	2010-07-09	No buyer found	2.1
Bay National Bank Baltimore, MD	2010-07-09	Bay Bank, FSB*** Lutherville, MD	17.4
USA Bank Port Chester, NY	2010-07-09	New Century Bank Phoenixville, PA	61.7
Home National Bank Blackwell, OK	2010-07-09	RCB Bank Claremore, OK	78.7
First National Bank Savannah, GA	2010-06-25	The Savannah Bank, National Association Savannah, GA	68.9
High Desert State Bank Albuquerque, NM	2010-06-25	First American Bank Artesia, NM	20.9
Peninsula Bank Englewood, FL	2010-06-25	Premier American Bank, National Association Miami, FL	194.8
Nevada Security Bank Reno, NV	2010-06-18	Umpqua Bank Roseburg, OR	80.9
Washington First International Bank Seattle, WA	2010-06-11	East West Bank Pasadena, CA	158.4
TierOne Bank Lincoln, NE	2010-06-04	Great Western Bank Watertown, SD	297.8
Arcola Homestead Savings Bank Arcola, IL	2010-06-04	No buyer found	3.2
First National Bank Rosedale, MS	2010-06-04	The Jefferson Bank Fayette, MS	12.6
Sun West Bank Las Vegas, NV	2010-05-28	City National Bank Beverly Hills, CA	96.7
Bank of Florida - Southwest Naples, FL	2010-05-28	EverBank Jacksonville, FL	91.3
Granite Community Bank, N.A. Granite Bay, CA	2010-05-28	Tri Counties Bank Chico, CA	17.3
Bank of Florida - Tampa Bay Tampa, FL	2010-05-28	EverBank Jacksonville, FL	40.3
Bank of Florida - Southeast Fort Lauderdale, FL	2010-05-28	EverBank Jacksonville, FL	71.4
Pinehurst Bank Saint Paul, MN	2010-05-21	Coulee Bank La Crosse, WI	6.0
New Liberty Bank Plymouth, MI	2010-05-14	Bank of Ann Arbor Ann Arbor, MI	25.0
Southwest Community Bank Springfield, MO	2010-05-14	Simmons First National Bank Pine Bluff, AR	29.0
Satilla Community Bank Saint Marys, GA	2010-05-14	Ameris Bank Moultrie, GA	31.3
Midwest Bank and Trust Company Elmwood Park, IL	2010-05-14	Firstmerit Bank, National Association Akron, OH	216.4
Towne Bank of Arizona Mesa, AZ	2010-05-07	Commerce Bank of Arizona Tucson, AZ	41.8
1st Pacific Bank of California San Diego, CA	2010-05-07	City National Bank Beverly Hills, CA	87.7
The Bank of Bonifay Bonifay, FL	2010-05-07	First Federal Bank of Florida Lake City, FL	78.7
Access Bank Champlin, MN	2010-05-07	PrinsBank Prinsburg, MN	5.5
BC National Banks Butler, MO	2010-04-30	Community First Bank Butler, MO	11.4
Eurobank San Juan, PR	2010-04-30	Oriental Bank and Trust San Juan, PR	743.9
Champion Bank Creve Coeur, MO	2010-04-30	BankLiberty. Liberty, MO	52.7
Westernbank Puerto Rico Mayaguez, PR	2010-04-30	Banco Popular de Puerto Rico Hato Rey, PR	3331.0
R-G Premier Bank of Puerto Rico Hato Rey, PR	2010-04-30	Scotiabank de Puerto Rico San Juan, PR	1230.0
Frontier Bank Everett, WA	2010-04-30	Union Bank, National Association San Francisco, CA	1370.0
CF Bancorp Port Huron, MI	2010-04-30	First Michigan Bank Troy, MI	615.3
Broadway Bank Chicago, IL	2010-04-23	MB Financial Bank, National Association Chicago, IL	394.3
Lincoln Park Savings Bank Chicago, IL	2010-04-23	Northbrook Bank and Trust Company Northbrook, IL	48.4
Wheatland Bank Naperville, IL	2010-04-23	Wheaton Bank & Trust Wheaton, IL	133.0
Citizens Bank and Trust Company of Chicago Chicago, IL	2010-04-23	Republic Bank of Chicago Oak Brook, IL	20.9
New Century Bank Chicago, IL	2010-04-23	MB Financial Bank, National Association Chicago, IL	125.3
Peotone Bank and Trust Company Peotone, IL	2010-04-23	First Midwest Bank Itasca, IL	31.7
Amcore Bank, National Association Rockford, IL	2010-04-23	Harris National Association Chicago, IL	220.3
AmericanFirst Bank Clermont, FL	2010-04-16	TD Bank, National Association Wilmington, DE	10.5
Tamalpais Bank San Rafael, CA	2010-04-16	Union Bank, National Association San Francisco, CA	81.1
First Federal Bank of North Florida Palatka, FL	2010-04-16	TD Bank, National Association Wilmington, DE	6.0
Butler Bank Lowell, MA	2010-04-16	People's United Bank Bridgeport, CT	22.9
Lakeside Community Bank Sterling Heights, MI	2010-04-16	First Michigan Bank Troy, MI	11.2
Innovative Bank Oakland, CA	2010-04-16	Center Bank Los Angeles, CA	37.8
City Bank Lynnwood, WA	2010-04-16	Whidbey Island Bank Coupeville, WA	323.4
Riverside National Bank of Florida Fort Pierce, FL	2010-04-16	TD Bank, National Association Wilmington, DE	491.8
Beach First National Bank Myrtle Beach, SC	2010-04-09	Bank of North Carolina Thomasville, NC	130.3
Unity National Bank Cartersville, GA	2010-03-26	Bank of the Ozarks Little Rock, AR	67.2
Key West Bank Key West, FL	2010-03-26	Centennial Bank Conway, AR	23.1
McIntosh Commercial Bank Carrollton, GA	2010-03-26	CharterBank West Point, GA	123.3
Desert Hills Bank Phoenix, AZ	2010-03-26	New York Community Bank Westbury, NY	106.7
Advanta Bank Corp. Draper, UT	2010-03-19	No buyer found	635.6
Appalachian Community Bank Ellijay, GA	2010-03-19	Community & Southern Bank*** Carrollton, GA	419.3
American National Bank Parma, OH	2010-03-19	The National Bank and Trust Company Wilmington, OH	17.1
State Bank of Aurora Aurora, MN	2010-03-19	Northern State Bank Ashland, WI	4.2
First Lowndes Bank Fort Deposit, AL	2010-03-19	First Citizens Bank Luverne, AL	38.3
Bank of Hiawassee Hiawassee, GA	2010-03-19	Citizens South Bank Gastonia, NC	137.7
Century Security Bank Duluth, GA	2010-03-19	Bank of Upson Thomaston, GA	29.9
The Park Avenue Bank New York, NY	2010-03-12	Valley National Bank Wayne, NJ	50.7
Old Southern Bank Orlando, FL	2010-03-12	Centennial Bank Conway, AR	94.6
Statewide Bank Covington, LA	2010-03-12	Home Bank Lafayette, LA	38.1
LibertyPointe Bank New York, NY	2010-03-11	Valley National Bank Wayne, NJ	24.8
Centennial Bank Ogden, UT	2010-03-05	No buyer found	96.3
Waterfield Bank Germantown, MD	2010-03-05	Waterfield Bank, FA Germantown, MD**	51.0
Bank of Illinois Normal, IL	2010-03-05	Heartland Bank and Trust Company Bloomington, IL	53.7
Sun American Bank Boca Raton, FL	2010-03-05	First-Citizens Bank & Trust Company Raleigh, NC	103.8
Carson River Community Bank Carson City, NV	2010-02-26	Heritage Bank of Nevada Reno, NV	7.9
Rainier Pacific Bank Tacoma, WA	2010-02-26	Umpqua Bank Roseburg, OR	95.2
Marco Community Bank Marco Island, FL	2010-02-19	Mutual of Omaha Bank Omaha, NE	38.1
George Washington Savings Bank Orland Park, IL	2010-02-19	Firstmerit Bank, National Association Akron, OH	141.4
The La Coste National Bank La Coste, TX	2010-02-19	Community National Bank Hondo, TX	3.7
La Jolla Bank, FSB La Jolla, CA	2010-02-19	OneWest Bank, FSB Pasadena, CA	882.3
1st American State Bank of Minnesota Hancock, MN	2010-02-05	Community Development Bank, FSB Ogema, MN	3.1
Florida Community Bank Immokalee, FL	2010-01-29	Premier American, National Association Miami, FL***	352.6
First Regional Bank Los Angeles, CA	2010-01-29	First-Citizens Bank & Trust Company Raleigh, NC	825.5
American Marine Bank Bainbridge Islan, WA	2010-01-29	Columbia State Bank Tacoma, WA	58.9
Marshall Bank, National Association Hallock, MN	2010-01-29	United Valley Bank Cavalier, ND	4.1
First National Bank of Georgia Carrollton, GA	2010-01-29	Community & Southern Bank Carrollton, GA***	260.4
Community Bank & Trust Cornelia, GA	2010-01-29	SCBT National Association Orangeburg, SC	354.5
Charter Bank Santa Fe, NM	2010-01-22	Charter Bank Albuquerque***	201.9
Evergreen Bank Seattle, WA	2010-01-22	Umpqua Bank Roseburg, OR	64.2
Columbia River Bank The Dalles, OR	2010-01-22	Columbia State Bank Tacoma, WA	172.5
Bank of Leeton Leeton, MO	2010-01-22	Sunflower Bank, National Association Salina, KS	8.1
Premier American Bank Miami, FL	2010-01-22	Premier American, National Association Miami, FL***	85.0
Barnes Banking Company Kaysville, UT	2010-01-15	Deposit Insurance National Bank of Kaysville Kaysville, UT*	271.3
St. Stephen State Bank Saint Stephen, MN	2010-01-15	First State Bank of St. Joseph Saint Joseph, MN	7.2
Town Community Bank and Trust Antioch, IL	2010-01-15	First American Bank Elk Grove Villag, IL	17.8
Horizon Bank Bellingham, WA	2010-01-08	Washington Federal Savings and Loan Association Seattle, WA	539.1

Notes:

* FDIC created this bank because it could not find a buyer

** Office of Thrift Supervision created this bank because it could not find a buyer

*** Newly chartered bank

**** Assumed deposits and some assets of failed bank

***** Purchased some assets of failed bank under loss share agreement with FDIC

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