Failed Banks - 2015

As of Oct. 2, 7 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 2015 have cost $889.0 million.

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 National Bank
Longview, WA
2015-10-02 Twin City Bank
Longview, WA
1.6
The Bank of Georgia
Peachtree City, GA
2015-10-02 Fidelity Bank
Atlanta, GA
23.2
Edgebrook Bank
Chicago, IL
2015-05-08 Republic Bank of Chicago
Oak Brook, IL
16.8
Doral Bank
San Juan, PR
2015-02-27 Banco Popular de Puerto Rico
Hato Rey, PR
748.9
Capitol City Bank & Trust Company
Atlanta, GA
2015-02-13 First-Citizens Bank & Trust Company
Raleigh, NC
88.9
Highland Community Bank
Chicago, IL
2015-01-23 United Fidelity Bank, fsb
Evansville, IN
5.8
First National Bank of Crestview
Crestview, FL
2015-01-16 First NBC Bank
New Orleans, LA
4.4


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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