Failed Banks - 2012

As of Nov. 16, 50 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 2012 have cost $2.5 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 NameClosing dateAcquiring bankFDIC cost (millions)
Hometown Community Bank
Braselton, GA
2012-11-16 CertusBank, National Association
Easley, SC
36.7
Citizens First National Bank
Princeton, IL
2012-11-02 Heartland Bank and Trust Company
Bloomington, IL
45.2
Heritage Bank of Florida
Lutz, FL
2012-11-02 Centennial Bank
Conway, AR
65.5
NOVA Bank
Berwyn, PA
2012-10-26 No buyer found. The FDIC will make payouts to insured depositors. 91.2
First East Side Savings Bank
Tamarac, FL
2012-10-19 9.1
Excel Bank
Sedalia, MO
2012-10-19 Simmons First National Bank
Pine Bluff, AR
40.1
GulfSouth Private Bank
Destin, FL
2012-10-19 SmartBank
Pigeon Forge, TN
36.1
First United Bank
Crete, IL
2012-09-28 Old Plank Trail Community Bank, National Association
New Lenox, IL
48.6
Truman Bank
St. Louis, MO
2012-09-14 Simmons First National Bank
Pine Bluff, AR
34.0
First Commercial Bank
Bloomington, MN
2012-09-07 Republic Bank & Trust Company
Louisville, KY
63.9
Waukegan Savings Bank
Waukegan, IL
2012-08-03 First Midwest Bank
Itasca, IL
19.8
Jasper Banking Company
Jasper, GA
2012-07-27 Stearns Bank National Association
Saint Cloud, MN
58.1
Heartland Bank
Leawood, KS
2012-07-20 Metcalf Bank
Lees Summit, MO
3.1
First Cherokee State Bank
Woodstock, GA
2012-07-20 Community & Southern Bank
Carrollton, GA
36.9
The Royal Palm Bank of Florida
Naples, FL
2012-07-20 First National Bank of the Gulf Coast
Naples, FL
13.5
Georgia Trust Bank
Buford, GA
2012-07-20 Community & Southern Bank
Carrollton, GA
20.9
Second Federal Savings and Loan Association of Chicago
Chicago, IL
2012-07-20 Hinsdale Bank & Trust Company
Hinsdale, IL
76.9
Glasgow Savings Bank
Glasgow, MO
2012-07-13 Regional Missouri Bank
Marceline, MO
0.1
Montgomery Bank & Trust
Ailey, GA
2012-07-06 Ameris Bank
Moultrie, GA
75.2
The Farmers Bank of Lynchburg
Lynchburg, TN
2012-06-15 Clayton Bank and Trust
Knoxville, TN
28.3
Security Exchange Bank
Marietta, GA
2012-06-15 Fidelity Bank
Atlanta, GA
34.3
Putnam State Bank
Palatka, FL
2012-06-15 Harbor Community Bank
Indiantown, FL
37.4
Farmers' and Traders' State Bank
Shabbona, IL
2012-06-08 First State Bank
Mendota, IL
8.9
Waccamaw Bank
Whiteville, NC
2012-06-08 First Community Bank
Bluefield, VA
51.1
First Capital Bank
Guthrie, OK
2012-06-08 F & M Bank
Crescent, OK
5.6
Carolina Federal Savings Bank
Charleston, SC
2012-06-08 Bank of North Carolina
Thomasville, NC
15.2
Alabama Trust Bank, National Association
Sylacauga, AL
2012-05-18 Southern States Bank
Anniston, AL
8.9
Security Bank, National Association
North Lauderdale, FL
2012-05-04 Banesco USA
Coral Gables, FL
10.8
Plantation Federal Bank
Pawleys Island, SC
2012-04-27 First Federal Bank
Charleston, SC
76.0
Inter Savings Bank, fsb D/B/A Interbank, fsb
Maple Grove, MN
2012-04-27 Great Southern Bank
Reeds Spring, MO
117.5
HarVest Bank of Maryland
Rockville, MD
2012-04-27 SONABANK
Mclean, VA
17.2
Palm Desert National Bank
Palm Desert, CA
2012-04-27 Pacific Premier Bank
Costa Mesa, CA
20.1
Bank of the Eastern Shore
Cambridge, MD
2012-04-27 No buyer found. FDIC created Deposit National Bank of Eastern Shore to pay out insured deposits. 41.8
Fort Lee Federal Savings Bank, FSB
Fort Lee, NJ
2012-04-20 Alma Bank
Astoria, NY
14.0
Fidelity Bank
Dearborn, MI
2012-03-30 The Huntington National Bank
Columbus, OH
92.8
Premier Bank
Wilmette, IL
2012-03-23 International Bank of Chicago
Chicago, IL
64.1
Covenant Bank & Trust
Rock Spring, GA
2012-03-23 Stearns Bank National Association
Saint Cloud, MN
31.5
New City Bank
Chicago, IL
2012-03-09 No buyer found. FDIC will pay out insured deposits. 17.4
Global Commerce Bank
Doraville, GA
2012-03-02 Metro City Bank
Doraville, GA
17.9
Central Bank of Georgia
Ellaville, GA
2012-02-24 Ameris Bank
Moultrie, GA
67.5
Home Savings of America
Little Falls, MN
2012-02-24 No buyer was found. FDIC will pay out insured deposits. 38.8
Charter National Bank and Trust
Hoffman Estates, IL
2012-02-10 Barrington Bank & Trust Company, National Association
Barrington, IL
17.4
SCB BANK
Shelbyville, IN
2012-02-10 First Merchants Bank National Association
Muncie, IN
33.9
First Guaranty Bank and Trust Company of Jacksonville
Jacksonville, FL
2012-01-27 CenterState Bank of Florida, National Association
Winter Haven, FL
82.0
Patriot Bank Minnesota
Wyoming, MN
2012-01-27 First Resource Bank
Savage, MN
32.6
BankEast
Knoxville, TN
2012-01-27 U.S. Bank National Association
Cincinnati, OH
75.6
Tennessee Commerce Bank
Franklin, TN
2012-01-27 Republic Bank & Trust Company
Louisville, KY
416.8
American Eagle Savings Bank
Boothwyn, PA
2012-01-20 Capital Bank, National Association
Rockville, MD
3.2
The First State Bank
Stockbridge, GA
2012-01-20 Hamilton State Bank
Hoschton, GA
216.2
Central Florida State Bank
Belleview, FL
2012-01-20 CenterState Bank of Florida, National Association
Winter Haven, FL
24.4


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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