Category: Bank Obituaries
2010 Bank Obituaries
By Bubba on Jan 24, 2010 | In Bank Obituaries | Leave Comment »
Jan 22 (5)
Miami Bank Shut Down By FDIC
On Friday, the FDIC had to shut down Miami-based Premier American bank.
The FDIC said Premier American Bank had $350.9 million in assets and $323.6 million in deposits
FDIC Information for Premier American Bank, Miami, FL
US Regulators Close Bank Of Leeton, Leeton, Missouri
Sunflower Bank, National Association, Salina, Kansas, agreed to assume all of the deposits of Bank of Leeton. Sunflower Bank will pay the Federal Deposit Insurance Corp. a premium of 0.59% to assume the deposits. The FDIC as receiver will retain most of the assets from Bank of Leeton for later disposition.
The bank's failure will cost the federal deposit insurance fund $8.1 million, the FDIC said.
FDIC Information for Bank of Leeton, Leeton, MO
Charter Bank Santa Fe
A statement of condition for the period ending June 30, 2009, in the bank's Washington Avenue office indicated Charter bank has listed under assets cash and cash equivalents of $41.3 million and mortgage-backed securities of $229.2 million.
The bank's repossessed real estate, known as other real estate owned, was $9.2 million.
Total assets came to $1.33 billion.
FDIC Information for Charter Bank, Santa Fe, NM
FDIC gets tougher with Evergreen Bank
FDIC Information for Evergreen Bank, Seattle, WA
Columbia River Bank, OR.
total year-end assets were $955 million. Total deposits were $908 million and total loans $661 million
Jan 15 (3)
Illinois community bank fails
Town Community Bank and Trust, Antioch, Illinois, was closed Friday by the Illinois Department of Financial Professional Regulation, Division of Banking.
The Federal Deposit Insurance Corporation (FDIC) was appointed as receiver.
FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $17.8 million
FDIC Information for Town Community Bank and Trust, Antioch, IL
Feds shut down St. Stephen bank; Deposits safe, FDIC says
The St. Stephen State Bank has closed and branches will reopen as First State Bank of St. Joseph. The Federal Deposit Insurance Corporation (FDIC) shut the bank down Friday.
The Federal Deposit Insurance Corp. and First State Bank of St. Joseph agreed to share losses on $20.4 million of St. Stephen State Bank’s loans and other assets.
FDIC Information for St. Stephen State Bank, St. Stephen, MN
Barnes Bank shuts down; Zions Bank to assist
The Utah Department of Financial Institutions took possession of Barnes Banking company Salt Lake City on Friday.
As of September 30, 2009, Barnes Banking Company total assets of approximately $828 million and total deposits of approximately $787 million.
Jan 9
Regulators Shut Washington State Bank, First of Year
NEW YORK — Regulators have shut Horizon Bank in Bellingham, Wash., the first for the year, as the economy struggles.
The Federal Deposit Insurance Corp. says Friday that Seattle-based Washington Federal Savings and Loan Association has agreed to assume the deposits of Horizon Bank.
As of Sept. 30, Horizon Bank had assets of $1.3 billion and $1.1 billion in deposits.
The FDIC closed 140 banks last year.

















Mike Hendrix of ColdFury.com
Michelle Malkin












































