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Posts Tagged ‘ Bank Failures ’
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The FDIC seized 3 more banks, raising the totaled number of failed U.S banks in 2010 to 81. FDIC Chairman Sheila Bair has said in the current banking crisis, failures will peak in 2010.
According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.
Brief Rundown;
Bank Assets Deposits
BTierOne Bank (Nebraska) $2.8 billion $2.2 billion
Arcola Homestead Savings Bank (Illinois) $17.0 million $18.1 million
First National Bank (Mississippi) $60.4 million $63.5 million
The FDIC seized 5 more banks, raising the totaled number of failed U.S banks in 2010 to 78. FDIC Chairman Sheila Bair has said in the current banking crisis, failures will peak in 2010.
According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.
Brief Rundown;
Bank Assets Deposits
Sun West Bank (Nevada) $360.7 million $353.9 million
Granite Community Bank (California) $102.9 million $94.2 million
Bank of Florida – Tampa Bay (Florida) $245.2 million $224.0 million
Bank of Florida Southwest (Florida) $640.9 million $559.9 million
Bank of Florida Southeast (Florida) $595.3 million $531.7 million
The FDIC seized 1 more bank, raising the totaled number of failed U.S banks in 2010 to 73. FDIC Chairman Sheila Bair has said in the current banking crisis, failures will peak in 2010.
According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.
Brief Rundown;
Bank Assets Deposits
Pinehurst Bank (Minnesota) $61.2 million $58.3 million
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The FDIC seized 4 more banks, raising the totaled number of failed U.S banks in 2010 to 72. FDIC Chairman Sheila Bair has said in the current banking crisis, failures will peak in 2010.
According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.
Brief Rundown;
Bank Assets Deposits
Southwest Community Bank (Missouri) $96.6 million $102.5 million
Midwest Bank and Trust Company (Illinois) $3.17 billion $2.42 billion
New Liberty Bank (Michigan) $109.1 million $101.8 million
Satilla Community Ban (Georgia) $135.7 million $134.0 million
The FDIC seized 4 more banks, raising the totaled number of failed U.S banks in 2010 to 68. FDIC Chairman Sheila Bair has said in the current banking crisis, failures will peak in 2010.
According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.
Brief Rundown;
Bank Assets Deposits
Towne Bank of Arizona (Arizona) $120.2 million $113.2 million
1st Pacific Bank of California (California) $335.8 million $291.2 million
The Bank of Bonifay (Florida) $242.9 million $230.2 million
Access Bank (Minnesota) $32.0 million $32.0 million
The FDIC seized 7 more banks, raising the totaled number of failed U.S banks in 2010 to 64. FDIC Chairman Sheila Bair has said in the current banking crisis, failures will peak in 2010.
According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.
Brief Rundown;
Bank Assets Deposits
Frontier Bank (Washington) $3.50 billion $3.13 billion
BC National Banks (Missouri) $67.2 million $54.9 million
Champion Bank (Missouri) $187.3 million $153.8 million
CF Bancorp (Michigan) $1.65 billion $1.43 billion
Eurobank (Puerto Rico) $2.56 billion $1.97 billion
R-G Premier Bank of Puerto Rico (Puerto Rico) $5.92 billion $4.25 billion
Westernbank Puerto Rico (Puerto Rico) $11.94 billion $8.62 billion
The FDIC seized 7 more banks, raising the totaled number of failed U.S banks in 2010 to 57. FDIC Chairman Sheila Bair has said in the current banking crisis, failures will peak in 2010.
According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.
Brief Rundown;
Bank Assets Deposits
Lincoln Park Savings Bank (Illinois) $199.9 million $171.5 million
Peotone Bank and Trust Company (Illinois) $130.2 million $127.0 million
Wheatland Bank (Illinois) $437.2 million $438.5 million
Amcore Bank, National Association (Illinois) $3.8 billion $3.4 billion
Broadway Bank (Illinois) $1.2 billion $1.1 billion
Citizens Bank&Trust Company Of Chicago (Illinois) $77.3 million $74.5 million
New Century Ban (Illinois) $485.6 million $492.0 million
The FDIC seized 7 more banks, raising the totaled number of failed U.S banks in 2010 to 50. FDIC Chairman Sheila Bair has said in the current banking crisis, failures will peak in 2010.
According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.
Brief Rundown;
Bank Assets Deposits
Lakeside Community Bank (Michigan) $53.0 million $52.3 million
Riverside National Bank (Florida) $3.42 billion $2.76 billion
First Federal Bank (Florida) $393.3 million $324.2 million
AmericanFirst Bank (Massachusetts) $90.5 million $81.9 million
Innovative Bank (California) $268.9 million $225.2 million
Tamalpais Bank (California) $628.9 million $487.6 million
City Bank (Washington) $1.13 billion $1.02 billion
The FDIC seized 1 more bank, raising the totaled number of failed U.S banks in 2010 to 42. FDIC Chairman Sheila Bair has said in the current banking crisis, failures will peak in 2010.
According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.
Brief Rundown;
Bank Assets Deposits
Beach First National Bank (South Carolina) $585.1 million $516.0 million
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The FDIC seized 4 more banks, raising the totaled number of failed U.S banks in 2010 to 41. FDIC Chairman Sheila Bair has said in the current banking crisis, failures will peak in 2010.
According to the FDIC bank failures from 2009 to 2013 is expected to cost $100 billion. Small(regional) banks are failing due to the loan losses from the credit boom. Many losses are result of the collapsed commercial real estate projects.
Brief Rundown;
Bank Assets Deposits
Desert Hills Bank (Arizona) $496.6 million $426.5 million
McIntosh Commercial Bank (Georgia) $362.9 million $362.9 million
Key West Bank (Florida) $88 million $67.7 million
Unity National Bank (Georgia) $292.2 million $264.3 million