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List of failed banks: 2009-2022

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Matthew Goldberg
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It’s not unusual for at least a few U.S. banks to fail in any given year, so the current stretch of more than 600 days without a bank failure is worth noting.

The last time a bank backed by the Federal Deposit Insurance Corp. (FDIC) failed was Oct. 23, 2020, when Almena State Bank closed. More than 600 days have passed since the Kansas bank’s demise, marking the second-longest period without a bank failure in U.S. history.

U.S. bank failures

Longest periods between U.S. bank failures since 1933

Previous bank failure Bank failure Days since previous bank failure
June 25, 2004 Feb. 2, 2007 951
Oct. 23, 2020 — *625
Jan. 13, 1945 Sept. 14, 1946 608
Dec. 15, 2017 May 31, 2019 531
Aug. 16, 1996 Nov. 21, 1997 461
Feb. 19, 1962 May 24, 1963 458
May 26, 1953 Aug. 9, 1954 439

*As of July 11, 2022, there have been 625 days without a bank failure.
Source: FDIC

Generally, a failure occurs when a bank becomes insolvent, meaning it lacks the funds to cover all of its customers’ deposits and the money it owes to others, according to the FDIC.

Bank failures aren’t uncommon, a few typically happen each year. So it’s rare for there to be years like 2021, 2018, 2006 or 2005, when there were no banks closed.

Only three banks have failed since the coronavirus pandemic started. All three (The First State Bank, First City Bank of Florida and Almena State Bank) experienced previous financial problems, according to the FDIC. (There was one bank failure in 2020 before the pandemic started.)

Bank failures happen from time to time, which is why it’s important to have your money at an FDIC bank and make sure you’re within FDIC insurance limits and guidelines. No depositor has lost a penny of FDIC-insured funds since 1933.

As soon as a bank fails, the FDIC estimates how much that bank failure will cost the Deposit Insurance Fund (DIF). Quarterly assessments on FDIC-insured banks fund most of the DIF, according to the FDIC.

Here’s a list of banks that have failed since 2009.

Bank failures since 2009

Year Total number of bank failures: 511
2022 0
2021 0
2020 4
2019 4
2018 0
2017 8
2016 5
2015 8
2014 18
2013 24
2012 51
2011 92
2010 157
2009 140

Source: Federal Deposit Insurance Corp.

2020 list of failed banks

Failed banks Date closed Estimated cost to DIF ($ millions)
Almena State Bank, Almena, Kan. 10/23/2020 18.3
First City Bank of Florida, Fort Walton Beach, Fla. 10/16/2020 10
The First State Bank, Barboursville, W.Va. 04/03/2020 46.8
Ericson State Bank, Ericson, Neb. 02/14/2020 14.1

2019 list of failed banks

Failed banks Date closed Estimated cost to DIF ($ millions)
City National Bank of New Jersey, Newark 11/1/2019 2.5
Resolute Bank, Maumee, Ohio 10/25/2019 2.2
Louisa Community Bank, Louisa, Ky. 10/25/2019 4.5
The Enloe State Bank, Cooper, Texas 05/31/2019 27

2018 list of failed banks

Failed banks Date closed Estimated cost to DIF ($ millions)
None N/A N/A

2017 list of failed banks

Failed banks Date closed Estimated cost to DIF ($ millions)
Washington Federal Bank for Savings, Chicago 12/15/2017 60.5
The Farmers and Merchants State Bank of Argonia, Argonia, Kan. 10/13/2017 2.6
Fayette County Bank, Saint Elmo, Ill. 05/26/2017 10.0
Guaranty Bank, (dba BestBank in Georgia and Michigan), Milwaukee 05/05/2017 146.4
First NBC Bank, New Orleans 04/28/2017 996.9
Proficio Bank, Cottonwood Heights, Utah 03/03/2017 11.0
Seaway Bank & Trust Co., Chicago 01/27/2017 57.2
Harvest Community Bank, Pennsville, N.J. 01/13/2017 22.3

2016 list of failed banks

Failed banks Date closed Estimated cost to DIF ($ millions)
Allied Bank, Mulberry, Ark. 09/23/2016 6.9
The Woodbury Banking Company, Woodbury, Ga. 08/19/2016 5.2
First CornerStone Bank, King of Prussia, Pa. 05/06/2016 10.8
Trust Company Bank, Memphis, Tenn. 04/29/2016 7.2
North Milwaukee State Bank, Milwaukee 03/11/2016 9.6

2015 list of failed banks

Failed banks Date closed Estimated cost to DIF ($ millions)
Hometown National Bank, Longview, Wash. 10/02/2015 1.6
The Bank of Georgia, Peachtree City, Ga. 10/02/2015 23.2
Premier Bank, Denver 07/10/2015 4.4
Edgebrook Bank, Chicago 05/08/2015 16.8
Doral Bank, San Juan, Puerto Rico 02/27/2015 748.9
Capitol City Bank & Trust Co., Atlanta 02/13/2015 88.9
Highland Community Bank, Chicago 01/23/2015 5.8
First National Bank of Crestview, Crestview, Fla. 01/16/2015 4.4

2014 list of failed banks

Failed banks Date closed Estimated cost to DIF ($ millions)
Northern Star Bank, Mankato, Minn. 12/19/2014 5.9
Frontier Bank (dba El Paseo Bank), Palm Desert, Calif. 11/07/2014 4.7
The National Republic Bank of Chicago 10/24/2014 111.6
NBRS Financial, Rising Sun, Md. 10/17/2014 24.3
GreenChoice Bank, Chicago 07/25/2014 14.2
Eastside Commercial Bank, Conyers, Ga. 07/18/2014 33.9
The Freedom State Bank, Freedom, Okla. 06/27/2014 5.8
Valley Bank, Fort Lauderdale, Fla. 06/20/2014 7.7
Valley Bank, Moline, Ill. 06/20/2014 51.4
Slavie Federal Savings Bank, Bel Air, Md. 05/30/2014 6.6
Columbia Savings Bank, Cincinnati 05/23/2014 5.3
AztecAmerica Bank, Berwyn, Ill. 05/16/2014 18.0
Allendale County Bank, Fairfax, S.C. 04/25/2014 17.1
Vantage Point Bank, Horsham, Pa. 02/28/2014 8.5
Millennium Bank, Sterling, Va. 02/28/2014 7.7
Syringa Bank, Boise, Idaho 01/31/2014 4.5
The Bank of Union, El Reno, Okla. 01/24/2014 70
DuPage National Bank, West Chicago, Ill. 01/17/2014 1.6

2013 list of failed banks

Failed banks Date closed Estimated cost to DIF ($ millions)
Texas Community Bank, The Woodlands, Texas 12/13/2013 10.8
Bank of Jackson County, Graceville, Fla. 10/30/2013 5.1
First National Bank, Edinburg, Texas 9/13/2013 637.5
The Community’s Bank, Bridgeport, Conn. 9/13/2013 7.8
Sunrise Bank of Arizona, Phoenix 8/23/2013 17
Community South Bank, Parsons, Tenn. 8/23/2013 72.5
Bank of Wausau, Wausau, Wis. 8/9/2013 13.5
First Community Bank of Southwest Florida (also operating as Community Bank of Cape Coral), Ft. Myers 8/2/2013 27.1
Mountain National Bank, Sevierville, Tenn. 6/7/2013 33.5
1st Commerce Bank, North Las Vegas, Nev. 6/6/2013 9.4
Banks of Wisconsin (dba Bank of Kenosha), Kenosha 5/31/2013 26.3
Central Arizona Bank, Scottsdale, Ariz. 5/14/2013 8.6
Sunrise Bank, Valdosta, Ga. 5/10/2013 17.3
Pisgah Community Bank, Asheville, N.C. 5/10/2013 8.9
Douglas County Bank, Douglasville, Ga. 4/26/2013 86.4
Parkway Bank, Lenoir, N.C. 4/26/2013 18.1
Chipola Community Bank, Marianna, Fla. 4/19/2013 10.3
Heritage Bank of North Florida, Orange Park 4/19/2013 30.2
First Federal Bank, Lexington, Ky. 4/19/2013 9.7
Gold Canyon Bank, Gold Canyon, Ariz. 4/5/2013 11.2
Frontier Bank, LaGrange, Ga. 3/8/2013 51.6
Covenant Bank, Chicago 2/15/2013 21.8
1st Regents Bank, Andover, Minn. 1/18/2013 10.5
Westside Community Bank, University Place, Wash. 1/11/2013 20.3

2012 list of failed banks

Failed banks Date closed Estimated cost to DIF ($ millions)
Community Bank of the Ozarks, Sunrise Beach, Mo. 12/14/2012 10.4
Hometown Community Bank, Braselton, Ga. 11/16/2012 36.7
Citizens First National Bank, Princeton, Ill. 11/2/2012 45.2
Heritage Bank of Florida, Lutz, Fla. 11/2/2012 65.5
NOVA Bank, Berwyn, Pa. 10/26/2012 91.2
Excel Bank, Sedalia, Mo. 10/19/2012 40.9
First East Side Savings Bank, Tamarac, Fla. 10/19/2012 9.1
GulfSouth Private Bank, Destin, Fla. 10/19/2012 36.1
First United Bank, Crete, Ill. 9/28/2012 48.6
Truman Bank, St. Louis 9/14/2012 34.0
First Commercial Bank, Bloomington, Minn. 9/7/2012 63.9
Waukegan Savings Bank, Waukegan, Ill. 8/3/2012 19.8
Jasper Banking Company, Jasper, Ga. 7/27/2012 58.1
Second Federal Savings and Loan Association of Chicago 7/20/2012 76.9
Heartland Bank, Leawood, Kan. 7/20/2012 3.1
First Cherokee State Bank, Woodstock, Ga. 7/20/2012 36.9
Georgia Trust Bank, Buford, Ga. 7/20/2012 20.9
The Royal Palm Bank, Naples, Fla. 7/20/2012 13.5
Glasgow Savings Bank, Glasgow, Mo. 7/13/2012 0.1
Montgomery Bank & Trust, Ailey, Ga. 7/6/2012 75.2
The Farmers Bank of Lynchburg, Lynchburg, Tenn. 6/15/2012 28.3
Security Exchange Bank, Marietta, Ga. 6/15/2012 34.3
Putnam State Bank, Palatka, Fla. 6/15/2012 37.4
Waccamaw Bank, Whiteville, N.C. 6/8/2012 51.1
Farmers’ and Traders’ State Bank, Shabbona, Ill. 6/8/2012 8.9
Carolina Federal Savings Bank, Charleston, S.C. 6/8/2012 15.2
First Capital Bank, Kingfisher, Okla. 6/8/2012 5.6
Alabama Trust Bank, Sylacuaga, Ala. 5/18/2012 8.9
Security Bank, North Lauderdale, Fla. 5/4/2012 10.8
Palm Desert National Bank, Palm Desert, Calif. 4/27/2012 20.1
Plantation Federal Bank, Pawleys Island, S.C. 4/27/2012 76.0
Inter Savings Bank, Maple Grove, Minn. 4/27/2012 117.5
HarVest Bank of Maryland, Gaithersburg, Md. 4/27/2012 17.2
Bank of the Eastern Shore, Cambridge, Md. 4/27/2012 41.8
Fort Lee Federal Savings Bank, Fort Lee, N.J. 4/20/2012 14.0
Fidelity Bank, Dearborn, Mich. 3/30/2012 92.8
Premier Bank, Wilmette, Ill. 3/23/2012 64.1
Covenant Bank & Trust, Rock Spring, Ga. 3/23/2012 31.5
New City Bank, Chicago 3/9/2012 17.4
Global Commerce Bank, Doraville, Ga. 3/2/2012 17.9
Home Savings of America, Little Falls, Minn. 2/24/2012 38.8
Central Bank of Georgia, Ellaville, Ga. 2/24/2012 67.5
SCB Bank, Shelbyville, Ind 2/10/2012 33.9
Charter National Bank and Trust, Barrington, Ill. 2/10/2012 17.4
BankEast, Knoxville, Tenn. 1/27/2012 75.6
Patriot Bank Minnesota, Forest Lake, Minn. 1/27/2012 32.6
Tennessee Commerce Bank, Franklin, Tenn. 1/27/2012 416.8
First Guaranty Bank & Trust Company of Jacksonville, Jacksonville, Fla. 1/27/2012 82.0
American Eagle Savings Bank, Boothwyn, Pa. 1/20/2012 3.2
The First State Bank, Stockbridge, Ga. 1/20/2012 216.2
Central Florida State Bank, Belleview 1/20/2012 24.4

2011 list of failed banks

Failed banks Date closed Estimated cost to DIF ($ millions)
Western National Bank, Phoenix 12/16/2011 37.6
Premier Community Bank of the Emerald Coast, Crestview, Fla. 12/16/2011 31.2
Central Progressive Bank, Lacombe, La. 11/18/2011 58.1
Polk County Bank, Johnston, Iowa 11/18/2011 12.0
Community Bank of Rockmart, Rockmart, Ga. 11/10/2011 14.5
SunFirst Bank, St. George, Utah 11/4/2011 49.7
Mid City Bank Inc., Omaha, Neb. 11/4/2011 12.7
All American Bank, Des Plaines, Ill. 10/28/2011 6.5
Community Banks of Colorado, Greenwood Village 10/21/2011 224.9
Community Capital Bank, Jonesboro, Ga. 10/21/2011 62.0
Decatur First Bank, Decatur, Ga. 10/21/2011 32.6
Old Harbor Bank, Clearwater, Fla. 10/21/2011 39.3
Country Bank, Aledo, Ill. 10/14/2011 66.3
First State Bank, Cranford, N.J. 10/14/2011 45.8
Blue Ridge Savings Bank, Asheville, N.C. 10/14/2011 38.0
Piedmont Community Bank, Gray, Ga. 10/14/2011 71.6
Sun Security Bank, Ellington, Mo. 10/07/2011 118.3
The RiverBank, Wyoming, Minn. 10/07/2011 71.4
First International Bank, Plano, Texas 9/30/2011 53.8
Citizens Bank of Northern California, Nevada City 9/23/2011 37.2
Bank of the Commonwealth, Norfolk, Va. 9/23/2011 268.3
The First National Bank of Florida, Milton, Fla. 9/09/2011 46.9
CreekSide Bank, Woodstock, Ga. 9/02/2011 27.3
Patriot Bank of Georgia, Cumming, Ga. 9/02/2011 44.4
First Choice Bank, Geneva, Ill. 8/19/2011 31.0
First Southern National Bank, Statesboro, Ga. 8/19/2011 39.6
Lydian Private Bank, Palm Beach, Fl. 8/19/2011 293.2
Public Savings Bank, Huntingdon Valley, Pa. 8/18/2011 11.0
The First National Bank of Olathe, Olathe, Kan. 8/12/2011 116.6
Bank of Whitman, Colfax, Wash. 8/5/2011 134.8
Bank of Shorewood, Shorewood, Ill. 8/5/2011 25.6
Integra Bank, Evansville, Ind. 7/29/2011 170.7
BankMeridian, Columbia, S.C. 7/29/2011 65.4
Virginia Business Bank, Richmond, Va. 7/22/2011 17.3
Bank of Choice, Greeley, Colo. 7/22/2011 213.6
LandMark Bank of Florida, Sarasota, Fla. 7/22/2011 34.4
Southshore Community Bank, Apollo Beach, Fla. 7/22/2011 8.3
Summit Bank, Prescott, Ariz. 7/15/2011 11.3
First Peoples Bank, Port St. Lucie, Fla. 7/15/2011 7.4
High Trust Bank, Stockbridge, Ga. 7/15/2011 66.0
One Georgia Bank, Atlanta, Ga. 7/15/2011 44.4
Signature Bank, Windsor, Colo. 7/8/2011 22.3
Colorado Capital Bank, Castle Rock, Colo. 7/8/2011 283.8
First Chicago Bank & Trust, Chicago 7/8/2011 284.3
Mountain Heritage Bank, Clayton, Ga. 6/24/2011 41.1
First Commercial Bank of Tampa Bay, Tampa, Fla. 6/17/2011 28.5
McIntosh State Bank, Jackson, Ga. 6/17/2011 80.0
Atlantic Bank & Trust, Charleston, S.C. 6/3/2011 36.4
First Heritage Bank, Snohomish, Wash. 5/27/2011 34.9
Summit Bank, Burlington, Wash. 5/20/2011 15.7
First Georgia Banking Company, Franklin, Ga. 5/20/2011 156.5
Atlantic Southern Bank, Macon, Ga. 5/20/2011 273.5
Coastal Bank, Cocoa Beach, Fla. 5/6/2011 13.4
Community Central Bank, Mount Clemens, Mich. 4/29/2011 183.2
The Park Avenue Bank, Valdosta, Ga. 4/29/2011 306.1
First Choice Community Bank, Dallas, Ga. 4/29/2011 92.4
Cortez Community Bank, Brooksville, Fla. 4/29/2011 18.6
First National Bank of Central Florida, Winter Park, Fla. 4/29/2011 42.9
Heritage Banking Group, Carthage, Miss. 4/15/2011 49.1
Rosemount National Bank, Rosemount, Minn. 4/15/2011 3.6
Superior Bank, Birmingham, Ala. 4/15/2011 259.6
Nexity Bank, Birmingham, Ala. 4/15/2011 175.4
New Horizons Bank, East Ellijay, Ga. 4/15/2011 30.9
Bartow County Bank, Cartersville, Ga. 4/15/2011 69.5
Nevada Commerce Bank, Las Vegas 4/8/2011 31.9
Western Springs National Bank & Trust, Western Springs, Ill. 4/8/2011 31.0
The Bank of Commerce, Wood Dale, Ill. 3/25/2011 41.9
Legacy Bank, Milwaukee, Wis. 3/11/2011 43.5
First National Bank of Davis, Davis, Okla. 3/11/2011 26.5
Valley Community Bank, St. Charles, Ill. 2/25/2011 22.8
San Luis Trust Bank, San Luis Obispo, Calif. 2/18/2011 96.1
Charter Oaks Bank, Napa, Calif. 2/18/2011 21.8
Citizens Bank of Effingham, Springfield, Ga. 2/18/2011 59.4
Habersham Bank, Clarksville, Ga. 2/18/2011 90.3
Canyon National Bank, Palm Springs, Calif. 2/11/2011 10.0
Badger State Bank, Cassville, Wis. 2/11/2011 17.5
Peoples State Bank, Hamtramck, Mich. 2/11/2011 87.4
Sunshine State Community Bank, Port Orange, Fla. 2/11/2011 30.0
Community First Bank Chicago 2/4/2011 11.7
North Georgia Bank, Watkinsville, Ga. 2/4/2011 35.2
American Trust Bank, Roswell, Ga. 2/4/2011 71.5
First Community Bank, Taos, N.M. 1/28/2011 260.0
FirsTier Bank, Louisville, Colo. 1/28/2011 242.6
Evergreen State Bank, Stoughton, Wis. 1/28/2011 22.8
The First State Bank, Camargo, Okla. 1/28/2011 20.1
United Western Bank, Denver 1/21/2011 312.8
The Bank of Asheville, Asheville, N.C. 1/21/2011 56.2
CommunitySouth Bank and Trust, Easley, S.C. 1/21/2011 46.3
Enterprise Banking Company, McDonough, Ga. 1/21/2011 39.6
Oglethorpe Bank, Brunswick, Ga. 1/14/2011 80.4
Legacy Bank, Scottsdale, Ariz. 1/7/2011 27.9
First Commercial Bank of Florida, Orlando 1/7/2011 78.0

2010 list of failed banks

Failed banks Date closed Estimated cost to DIF ($ millions)
Community National Bank, Lino Lakes, Minn. 12/17/2010 3.7
First Southern Bank, Batesville, Ark. 12/17/2010 22.8
United Americas Bank, Atlanta 12/17/2010 75.8
Appalachian Community Bank, McCaysville, Ga. 12/17/2010 26
Chestatee State Bank, Dawsonville, Ga. 12/17/2010 75.3
The Bank of Miami, Coral Gables, Fla. 12/17/2010 64
Earthstar Bank, Southampton, Pa. 12/10/2010 22.9
Paramount Bank, Farmington Hills, Mich. 12/10/2010 90.2
First Banking Center, Burlington, Wis. 11/19/2010 142.6
Allegiance Bank of North America, Bala Cynwyd, Pa. 11/19/2010 14.2
Gulf State Community Bank, Carrabelle, Fla. 11/19/2010 42.7
Copper Star Bank, Scottsdale, Ariz. 11/12/2010 46.3
Darby Bank & Trust Co., Vidalia, Ga. 11/12/2010 136.2
Tifton Banking Company, Tifton, Ga. 11/12/2010 24.6
First Vietnamese American Bank, Westminster, Calif. 11/5/2010 9.6
Pierce Commercial Bank, Tacoma, Wash. 11/5/2010 21.3
Western Commercial Bank, Woodland Hills, Calif. 11/5/2010 25.2
K Bank, Randallstown, Md. 11/5/2010 198.4
First Arizona Savings, Scottsdale, Ariz. 10/22/2010 32.8
Hillcrest Bank, Overland Park, Kan. 10/22/2010 329.7
First Suburban National Bank, Maywood, Ill. 10/22/2010 31.4
The First National Bank of Barnesville, Barnesville, Ga. 10/22/2010 33.9
The Gordon Bank, Gordon, Ga. 10/22/2010 9.0
Progress Bank of Florida, Tampa 10/22/2010 25.0
First Bank of Jacksonville, Jacksonville, Fla. 10/22/2010 16.2
Premier Bank, Jefferson City, Mo. 10/15/2010 406.9
WestBridge Bank & Trust Co., Chesterfield, Mo. 10/15/2010 18.7
Security Savings Bank, Olathe, Kan. 10/15/2010 82.2
Shoreline Bank, Shoreline, Wash. 10/1/2010 41.4
Wakulla Bank, Crawfordville, Fla. 10/1/2010 113.4
North County Bank, Arlington, Wash. 9/24/2010 72.8
Haven Trust Bank Florida, Ponte Verde Beach, Fla. 9/24/2010 31.9
Maritime Savings Bank, West Allis, Wis. 9/17/2010 83.6
Bramble Savings Bank, Milford, Ohio 9/17/2010 14.6
The Peoples Bank, Winder, Ga. 9/17/2010 98.9
First Commerce Community Bank, Douglasville, Ga. 9/17/2010 71.4
Bank of Ellijay, Ellijay, Ga. 9/17/2010 55.2
ISN Bank, Cherry Hill, N.J. 9/17/2010 23.9
Horizon Bank, Bradenton, Fla. 9/10/2010 58.9
Sonoma Valley Bank, Sonoma, Calif. 8/20/2010 10.1
Los Padres Bank, Solvang, Calif. 8/20/2010 8.7
Butte Community Bank, Chico, Calif. 8/20/2010 17.4
Pacific State Bank, Stockton, Calif. 8/20/2010 32.6
ShoreBank, Chicago 8/20/2010 367.7
Imperial Savings and Loan Association, Martinsville, Va. 8/20/2010 3.5
Independent National Bank, Ocala, Fla. 8/20/2010 23.2
Community National Bank at Bartow, Bartow, Fla. 8/20/2010 10.3
Palos Bank and Trust Company, Palos Heights, Ill. 8/13/2010 72
Ravenswood Bank, Chicago 8/6/2010 68.1
LibertyBank, Eugene, Ore. 7/30/2010 115.3
The Cowlitz Bank, Longview, Wash. 7/30/2010 68.9
Coastal Community Bank, Panama City Beach, Fla. 7/30/2010 94.5
Bayside Savings Bank, Port St. Joe, Fla. 7/30/2010 16.2
Northwest Bank and Trust, Acworth, Ga. 7/30/2010 39.8
Home Valley Bank, Cave Junction, Ore. 7/23/2010 37.1
SouthwestUSA Bank, Las Vegas 7/23/2010 74.1
Community Security Bank, New Prague, Minn. 7/23/2010 18.6
Thunder Bank, Sylvan Grove, Kan. 7/23/2010 4.5
Williamsburg First National Bank, Kingstree, S.C. 7/23/2010 8.8
Crescent Bank and Trust Company, Jasper, Ga. 7/23/2010 242.4
Sterling Bank, Lantana, Fla. 7/23/2010 45.5
Mainstreet Savings Bank, Hastings, Mich. 7/16/2010 11.4
Olde Cypress Community Bank, Clewiston, Fla. 7/16/2010 31.5
Turnberry Bank, Aventura, Fla. 7/16/2010 34.4
Metro Bank of Dade County, Miami 7/16/2010 67.6
First National Bank of the South, Spartanburg, S.C. 7/16/2010 74.9
Woodlands Bank, Bluffton, S.C. 7/16/2010 115
Home National Bank, Blackwell, Okla. 7/09/2010 78.7
USA Bank, Port Chester, N.Y. 7/09/2010 61.7
Ideal Federal Savings Bank, Baltimore, Md. 7/09/2010 2.1
Bay National Bank, Baltimore, Md. 7/09/2010 17.4
High Desert State Bank, Albuquerque, N.M. 6/25/2010 20.9
First National Bank, Savannah, Ga. 6/25/2010 68.9
Peninsula Bank, Englewood, Fla. 6/25/2010 194.8
Nevada Security Bank, Reno 6/18/2010 80.9
Washington First International Bank, Seattle 6/11/2010 158.4
TierOne Bank, Lincoln, Neb. 6/04/2010 297.8
Arcola Homestead Savings Bank, Arcola, Ill. 6/04/2010 3.2
First National Bank, Rosedale, Miss. 6/04/2010 12.6
Sun West Bank, Las Vegas 5/28/2010 96.7
Granite Community Bank Granite Bay, Calif. 5/28/2010 17.3
Bank of Florida – Tampa 5/28/2010 40.3
Bank of Florida – Southwest, Naples 5/28/2010 91.3
Bank of Florida – Southeast, Fort Lauderdale 5/28/2010 71.4
Pinehurst Bank, Saint Paul, Minn. 5/21/2010 6
Midwest Bank & Trust Co., Elmwood Park, Ill. 5/14/2010 216.4
Southwest Community Bank, Springfield, Mo. 5/14/2010 29
New Liberty Bank, Plymouth, Mich. 5/14/2010 25
Satilla Community Bank, Saint Marys, Ga. 5/14/2010 31.3
1st Pacific Bank of California, San Diego 5/07/2010 87.7
Towne Bank of Arizona, Mesa 5/07/2010 41.8
Access Bank, Champlin, Minn. 5/07/2010 5.5
The Bank of Bonifay, Bonifay, Fla. 5/07/2010 78.7
Frontier Bank, Everett, Wash. 4/30/2010 1,370
BC National Banks, Butler, Mo. 4/30/2010 11.4
Champion Bank, Creve Coeur, Mo. 4/30/2010 52.7
CF Bancorp, Port Huron, Mich. 4/30/2010 615.3
Westernbank Puerto Rico, Mayaguez 4/30/2010 3,310
R-G Premier Bank of Puerto Rico, Hato Rey 4/30/2010 1,230
Eurobank, San Juan, Puerto Rico 4/30/2010 743.9
Wheatland Bank, Naperville, Ill. 4/23/2010 133
Peotone Bank & Trust Co., Peotone, Ill. 4/23/2010 31.7
Lincoln Park Savings Bank, Chicago 4/23/2010 48.4
New Century Bank, Chicago 4/23/2010 125.3
Citizens Bank & Trust Co. of Chicago 4/23/2010 20.9
Broadway Bank, Chicago 4/23/2010 394.3
Amcore Bank, Rockford, Ill. 4/23/2010 220.3
City Bank, Lynnwood, Wash. 4/16/2010 323.4
Tamalpais Bank, San Rafael, Calif. 4/16/2010 81.1
Innovative Bank, Oakland, Calif. 4/16/2010 37.8
Butler Bank, Lowell, Mass. 4/16/2010 22.9
Riverside National Bank of Florida, Fort Pierce 4/16/2010 491.8
AmericanFirst Bank, Clermont, Fla. 4/16/2010 10.5
First Federal Bank of North Florida, Palatka 4/16/2010 6
Lakeside Community Bank, Sterling Heights, Mich. 4/16/2010 11.2
Beach First National Bank, Myrtle Beach, S.C. 4/09/2010 130.3
Desert Hills Bank, Phoenix 3/26/2010 106.7
Unity National Bank, Cartersville, Ga. 3/26/2010 67.2
Key West Bank, Key West, Fla. 3/26/2010 23.1
McIntosh Commercial Bank, Carrollton, Ga. 3/26/2010 123.3
State Bank of Aurora, Aurora, Minn. 3/19/2010 4.2
First Lowndes Bank, Fort Deposit, Ala. 3/19/2010 38.3
Bank of Hiawassee, Hiawassee, Ga. 3/19/2010 137.7
Appalachian Community Bank, Ellijay, Ga. 3/19/2010 419.3
Advanta Bank Corp, Draper, Utah 3/19/2010 635.6
Century Security Bank, Duluth, Minn. 3/19/2010 29.9
American National Bank, Parma, Ohio 3/19/2010 17.1
Statewide Bank, Covington, La. 3/12/2010 38.1
Old Southern Bank, Orlando, Fla. 3/12/2010 94.6
The Park Avenue Bank, New York 3/12/2010 50.7
LibertyPointe Bank, New York 3/11/2010 24.8
Centennial Bank, Ogden, Utah 3/5/2010 96.3
Waterfield Bank, Germantown, Md. 3/5/2010 51
Bank of Illinois, Normal 3/5/2010 53.7
Sun American Bank, Boca Raton, Fla. 3/5/2010 103.8
Rainier Pacific Bank, Tacoma, Wash. 2/26/2010 95.2
Carson River Community Bank, Carson City, Nev. 2/26/2010 7.9
La Jolla Bank, La Jolla, Calif. 2/19/2010 882.3
George Washington Savings Bank, Orland Park, Ill. 2/19/2010 141.4
The La Coste National Bank, La Coste, Texas 2/19/2010 3.7
Marco Community Bank, Marco Island, Fla. 2/19/2010 38.1
First American State Bank of Minnesota, Hancock 2/05/2010 3.1
American Marine Bank, Bainbridge Island, Wash. 1/29/2010 58.9
First Regional Bank, Los Angeles 1/29/2010 825.5
Community Bank & Trust, Cornelia, Ga. 1/29/2010 354.5
Marshall Bank, Hallock, Minn. 1/29/2010 4.1
Florida Community Bank, Immokalee, Florida 1/29/2010 352.6
First National Bank of Georgia, Carrollton 1/29/2010 260.4
Columbia River Bank, The Dalles, Ore. 1/22/2010 172.5
Evergreen Bank, Seattle 1/22/2010 64.2
Charter Bank, Santa Fe, N.M. 1/22/2010 201.9
Bank of Leeton, Leeton, Mo. 1/22/2010 8.1
Premier American Bank, Miami, Fla. 1/22/2010 85
Barnes Banking Company, Kaysville, Utah 1/15/2010 271.3
St. Stephen State Bank, St. Stephen, Minn. 1/15/2010 7.2
Town Community Bank & Trust, Antioch, Ill. 1/15/2010 17.8
Horizon Bank, Bellingham, Wash. 1/08/2010 539.1

2009 list of failed banks

Failed banks Date closed Estimated cost to DIF ($ millions)
First Federal Bank of California, Santa Monica 12/18/2009 146.3
Imperial Capital Bank, La Jolla, Calif. 12/18/2009 619.2
Independent Bankers’ Bank, Springfield, Ill. 12/18/2009 68.4
New South Federal Savings Bank, Irondale, Ala. 12/18/2009 212.3
Citizens State Bank, New Baltimore, Mich. 12/18/2009 76.6
Peoples First Community Bank, Panama City, Fla. 12/18/2009 556.7
RockBridge Commercial Bank, Atlanta 12/18/2009 124.2
SolutionsBank, Overland Park, Kan. 12/11/2009 122.1
Valley Capital Bank, Mesa, Az. 12/11/2009 7.4
Republic Federal Bank, Miami 12/11/2009 122.6
Greater Atlantic Bank, Reston, Va. 12/04/2009 35
Benchmark Bank, Aurora, Ill. 12/04/2009 64
AmTrust Bank, Cleveland 12/04/2009 200
The Tattnall Bank, Reidsville, Ga. 12/04/2009 13.9
First Security National Bank, Norcross, Ga. 12/04/2009 30.1
The Buckhead Community Bank, Atlanta 12/04/2009 241.4
Commerce Bank of Southwest Florida, Fort Myers, Fla. 11/20/2009 23.6
Pacific Coast National Bank, San Clemente, Calif. 11/13/2009 27.4
Orion Bank, Naples, Fla. 11/13/2009 615
Century Bank, a Federal Savings Bank,  Sarasota, Fla. 11/13/2009 344
United Commercial Bank, San Francisco 11/6/2009 1,400
Gateway Bank of St. Louis 11/6/2009 9.2
Prosperan Bank, Oakdale, Minn. 11/6/2009 60.1
Home Federal Savings Bank, Detroit 11/6/2009 5.4
United Security Bank, Sparta, Ga. 11/6/2009 58
North Houston Bank, Houston 10/30/2009 2,500**
Madisonville State Bank, Madisonville, Texas 10/30/2009 2,500**
Citizens National Bank, Teague, Texas 10/30/2009 2,500**
Park National Bank, Chicago 10/30/2009 2,500**
Pacific National Bank, San Francisco 10/30/2009 2,500**
California National Bank, Los Angeles 10/30/2009 2,500**
San Diego National Bank, San Diego 10/30/2009 2,500**
Community Bank of Lemont, Lemont, Ill. 10/30/2009 2,500**
Bank USA, Phoenix 10/30/2009 2,500**
First DuPage Bank, Westmont, Ill. 10/23/2009 59
Riverview Community Bank, Otsego, Minn. 10/23/2009 20
Bank of Elmwood, Racine, Wis. 10/23/2009 101.1
Flagship National Bank, Bradenton, Fla. 10/23/2009 59
Hillcrest Bank Florida, Naples 10/23/2009 45
American United Bank, Lawrenceville, Ga. 10/23/2009 44
Partners Bank, Naples, Fla. 10/23/2009 28.6
San Joaquin Bank, Bakersfield, Calif. 10/16/2009 103
Southern Colorado National Bank, Pueblo, Colo. 10/2/2009 6.6
Jennings State Bank, Spring Grove, Minn. 10/2/2009 11.7
Warren Bank, Warren, Mich. 10/2/2009 275
Georgian Bank, Atlanta 9/25/2009 892
Irwin Union Bank, Louisville, Ky.* 9/18/2009 *850 for both
Irwin Union Bank & Trust Co., Columbus, Ind.* 9/18/2009 *850 for both
Venture Bank, Lacey, Wash. 9/11/2009 298
Brickwell Community Bank, Woodbury, Minn. 9/11/2009 22
Corus Bank, Chicago 9/11/2009 1,700
First State Bank, Flagstaff, Ariz. 9/4/2009 47
Platinum Community Bank, Rolling Meadows, Ill. 9/4/2009 114.3
Vantus Bank, Sioux City, Iowa 9/4/2009 168
InBank, Oak Forest, Ill. 9/4/2009 66
First Bank of Kansas City, Kansas City, Mo. 9/4/2009 6
Affinity Bank, Ventura, Calif. 8/28/2009 254
Mainstreet Bank, Forest Lake, Minn. 8/28/2009 95
Bradford Bank, Baltimore 8/28/2009 97
Guaranty Bank, Austin, Texas 8/21/2009 3,000
CapitalSouth Bank, Birmingham, Ala. 8/21/2009 151
First Coweta Bank, Newman, Ga. 8/21/2009 48
EBank, Atlanta 8/21/2009 63
Community Bank of Nevada, Las Vegas 8/14/2009 781.5
Community Bank of Arizona, Phoenix 8/14/2009 26
Union Bank, Gilbert, Ariz. 8/14/2009 61
Colonial Bank, Montgomery, Ala. 8/14/2009 2,800
Dwelling House Savings and Loan Association, Pittsburgh 8/14/2009 7
Community First Bank, Prineville, Ore. 8/7/2009 45
Community National Bank of Sarasota County, Venice, Fla. 8/7/2009 24
First State Bank, Sarasota, Fla. 8/7/2009 116
Mutual Bank, Harvey, Ill. 7/31/2009 696
First BankAmericano, Elizabeth, N.J. 7/31/2009 15
Peoples Community Bank, West Chester, Ohio 7/31/2009 130
Integrity Bank, Jupiter, Fla. 7/31/2009 46
First State Bank of Altus, Altus, Okla. 7/31/2009 25
Security Bank of Jones County, Gray, Ga. 7/24/2009 807***
Security Bank of Houston County, Perry, Ga. 7/24/2009 807***
Security Bank of Bibb County, Macon, Ga. 7/24/2009 807***
Security Bank of North Metro, Woodstock, Ga. 7/24/2009 807***
Security Bank of North Fulton, Alpharetta, Ga. 7/24/2009 807***
Security Bank of Gwinnett County, Suwanee, Ga. 7/24/2009 807***
Waterford Village Bank, Williamsville, N.Y. 7/24/2009 5.6
Temecula Valley Bank, Temecula, Calif. 7/17/2009 391
Vineyard Bank, Rancho Cucamonga, Calif. 7/17/2009 579
BankFirst, Sioux Falls, S.D. 7/17/2009 91
First Piedmont Bank, Winder, Ga. 7/17/2009 29
Bank of Wyoming, Thermopolis, Wyo. 7/10/2009 27
Founders Bank, Worth, Ill. 7/2/2009 188.5
Millennium State Bank of Texas, Dallas 7/2/2009 47
First National Bank of Danville, Danville, Ill. 7/2/2009 24
Elizabeth State Bank, Elizabeth, Ill. 7/2/2009 11.2
Rock River Bank, Oregon, Ill. 7/2/2009 27.6
First State Bank of Winchester, Winchester, Ill. 7/2/2009 6
John Warner Bank, Clinton, Ill. 7/2/2009 10
Mirae Bank, Los Angeles 6/26/2009 50
MetroPacific Bank, Irvine, Calif. 6/26/2009 29
Horizon Bank, Pine City, Minn. 6/26/2009 33.5
Neighborhood Community Bank, Newnan, Ga. 6/26/2009 66.7
Community Bank of West Georgia, Villa Rica, Ga. 6/26/2009 85
First National Bank of Anthony, Anthony, Kan. 6/19/2009 32.2
Cooperative Bank, Wilmington, N.C. 6/19/2009 217
Southern Community Bank, Fayetteville, Ga. 6/19/2009 114
Bank of Lincolnwood, Lincolnwood, Ill. 6/5/2009 83
Citizens National Bank, Macomb, Ill. 5/22/2009 106
Strategic Capital Bank, Champaign, Ill. 5/22/2009 173
BankUnited, Coral Gables, Fla. 5/21/2009 4,900
Westsound Bank, Bremerton, Wash. 5/8/2009 108
America West Bank, Layton, Utah 5/1/2009 119.4
Citizens Community Bank, Ridgewood, N.J. 5/1/2009 18.1
Silverton Bank, Atlanta, Ga. 5/1/2009 1,003
First Bank of Idaho, Ketchum 4/24/2009 191.2
First Bank of Beverly Hills, Calabasas, Calif. 4/24/2009 394
Michigan Heritage Bank, Farmington Hills, Mich. 4/24/2009 71.3
American Southern Bank, Kennesaw, Ga. 4/24/2009 41.9
Great Basin Bank of Nevada, Elko, Nev. 4/17/2009 42
American Sterling Bank, Sugar Creek, Mo. 4/17/2009 42
New Frontier Bank, Greeley, Colo. 4/10/2009 670
Cape Fear Bank, Wilmington, N.C. 4/10/2009 131
Omni National Bank, Atlanta 3/27/2009 290
Teambank, Paola, Kan. 3/20/2009 98
Colorado National Bank, Colorado Springs, Colo. 3/20/2009 9
FirstCity Bank, Stockbridge, Ga. 3/20/2009 100
Freedom Bank of Georgia, Commerce, Ga. 3/6/2009 36.2
Security Savings Bank, Henderson, Nev. 2/27/2009 59.1
Heritage Community Bank, Glenwood, Ill. 2/27/2009 41.6
Silver Falls Bank, Silverton, Ore. 2/20/2009 50
Pinnacle Bank, Beaverton, Ore. 2/13/2009 12.1
Corn Belt Bank & Trust Co., Pittsfield, Ill. 2/13/2009 100
Riverside Bank of the Gulf Coast, Cape Coral, Fla. 2/13/2009 201.5
Sherman County Bank, Loup City, Neb. 2/13/2009 28
County Bank, Merced, Calif. 2/6/2009 135
Alliance Bank, Culver City, Calif. 2/6/2009 206
FirstBank Financial Services, McDonough, Ga. 2/6/2009 111
Ocala National Bank, Ocala, Fla. 1/30/2009 99.6
Suburban Federal Savings Bank, Crofton, Md. 1/30/2009 126
MagnetBank, Salt Lake City, Utah 1/30/2009 119.4
1st Centennial Bank, Redlands, Calif. 1/23/2009 227
Bank of Clark County, Vancouver, Wash. 1/16/2009 120 – 145
National Bank of Commerce, Berkeley, Ill. 1/16/2009 97.1

** Nine banks were closed by the FDIC on Oct. 30, 2009. They were subsidiaries of FBOP Corp., Oak Park, Illinois. The estimated cost to the DIF for all nine was $2.5 billion. US Bank of Minneapolis assumed all deposits.

*** The estimated cost to the DIF for six of Security Bank’s subsidiaries. 

More on bank safety:

Written by
Matthew Goldberg
Consumer banking reporter
Matthew Goldberg is a consumer banking reporter at Bankrate. Matthew has been in financial services for more than a decade, in banking and insurance.
Edited by
Brian Beers
Managing editor

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