Close to 60 banks close in the first half

of 2009 WOW

FACTBOX-U.S. bank failures in 2009
Fri Jul 17, 2009 11:52pm EDT
WASHINGTON, July 17 (Reuters) -

Following is a list of U.S. bank failures so far this year, according to the Federal
Deposit Insurance Corp:
(Details about each bank closure are posted here)
U.S. BANK FAILURES IN 2009**
(assets, deposits, FDIC cost in million dollars) BANK
STATE ASSETS DEPOSITS FDIC CLOSING
COST DATE
Nat'l Bank of Comm. Ill. 430.9 402.1 97.1 Jan 16
Bank of Clark County Wash. 446.5 366.5 145.0* Jan 16
1st Centennial Bank Cal. 803.3 676.9 227.0 Jan 23
MagnetBank Utah 292.9 282.8 119.4 Jan 30
Suburban Federal Md. 360.0 302.0 126.0 Jan 30
Ocala Nat'l Bank Fla 223.5 205.2 99.6 Jan 30
FirstBank Financial Ga. 337.0 279.0 111.0 Feb 6
Alliance Bank Cal. 1,140.0 951.0 206.0 Feb 6
County Bank Cal. 1,700.0 1,300.0 135.0 Feb 6
Sherman County Bank Neb. 129.8 85.1 28.0 Feb 13
Riverside Bank Fla. 539.0 424.0 201.5 Feb 13
Corn Belt Bank Ill. 271.8 234.4 100.0 Feb 13
Pinnacle Bank Ore. 73.0 64.0 12.1 Feb 13
Silver Falls Bank Ore. 131.4 116.3 50.0 Feb 20
Security Savings Bank Nev. 238.3 175.2 59.1 Feb 27
Heritage Community Bnk Ill. 232.9 218.6 41.6 Feb 27
Freedom Bank Ga. 173.0 161.0 36.2 Mar 6
FirstCity Bank Ga. 297.0 278.0 100.0 Mar 20
TeamBank N.A. Kan. 669.8 492.8 98.0 Mar 20
Colorado Natl Bank Colo. 123.5 82.7 9.0 Mar 20
Omni National Bank Ga. 956.0 796.8 290.0 Mar 27
Cape Fear Bank N.C. 492.0 403.0 131.0 Apr 10
New Frontier Bank Col. 2,000.0 1,500.0 670.0 Apr 10
Great Basin Bank Nev. 270.9 221.4 42.0 Apr 17
American Sterling Mo. 181.0 171.9 42.0 Apr 17
American Southern Bank Ga. 112.3 104.3 41.9 Apr 24
Michigan Heritage Bank Mich. 184.6 151.7 71.3 Apr 24
1st Bank Beverly Hills Cal. 1,500.0 1,000.0 394.0 Apr 24
First Bank of Idaho Idaho 488.9 374.0 191.2 Apr 24
Silverton Bank Ga. 4,100.0 3,300.0 1,300.0 May 1
Citizens Comm'ty Bank N.J. 45.1 43.7 11.5 May 1
America West Bank Utah 299.4 284.1 119.4 May 1
Westsound Bank Wash. 334.6 304.5 108.0 May 8
BankUnited Fla. 12,800.0 8,600.0 4,900.0 May 21
Strategic Capital Bank Ill. 573.0 471.0 173.0 May 22
Citizens National Bank Ill. 437.0 400.0 106.0 May 22
Bank of Lincolnwood Ill. 214.0 202.0 83.0 Jun 5
Southern Community Ga. 377.0 307.0 114.0 Jun 19
Cooperative Bank N.C. 970.0 774.0 217.0 Jun 19
First Nat'l of Anthony Kan. 156.9 142.5 32.3 Jun 19
Community Bank W. Ga. Ga. 199.4 182.5 85.0 Jun 26
Neighborhood Bank Ga. 221.6 191.3 66.7 Jun 26
Horizon Bank Minn. 87.6 69.4 33.5 Jun 26
MetroPacific Bank Calif. 80.0 73.0 29.0 Jun 26
Mirae Bank Calif 456.0 362.0 50.0 Jun 26
John Warner Bank Ill. 70.0 64.0 10.0 Jul 2
FirstState Winchester Ill. 36.0 34.0 6.0 Jul 2
Founders Bank Ill. 962.5 848.9 188.5 Jul 2
Millennium State Bank Tex. 118.0 115.0 47.0 Jul 2
First Nat'l Danville Ill. 166.0 147.0 24.0 Jul 2
Elizabeth State Bank Ill. 55.5 50.4 11.2 Jul 2
Rock River Bank Ill. 77.0 75.8 27.6 Jul 2
Bank of Wyoming Wyo. 70.0 67.0 27.0 Jul 10
First Piedmont Bank Ga. 115.0 109.0 29.0 Jul 17
BankFirst S.D. 275.0 254.0 91.0 Jul 17
Vineyard Bank Calif.1,900.0 1,600.0 579.0 Jul 17
Temecula Valley Bank Calif.1,500.0 1,300.0 391.0 Jul 17

* FDIC estimated the cost to its insurance fund at between$120 million and $145 million ** Table does not include two corporate credit unions thatwere placed into conservatorship on March 20. The U.S. CentralFederal Credit Union in Kansas and the Western CorporateFederal Credit Union in California, which provide products tothe overall credit union system, are insured by the NationalCredit Union Administration. Nor does the table include theEastern Financial Florida Credit Union, also insured by NCUAand placed into conservatorship on April 24.