2009 Bank Failures

Below is a table with the 2009 bank failures. It includes the estimated cost to the FDIC insurance fund, the loss as a percentage of total assets and the total deposits. This will be updated as events unfold.

Failure #	Bank Name	Location	FDIC Ins. Cost (est.)	Assets	Deposits	% Loss on Assets
1	National Bank of Commerce	Berkeley, IL	$97.1M	$430.9M	$402.1M	22.53%
2	Bank of Clark County	Vancouver, WA	$130M	$446.5M	$366.5M	29.12%
3	1st Centennial Bank	Redlands, CA	$227M	$803.3M	$676.9M	28.26%
4	Magnet Bank	Salt Lake City, UT	$282.8M	$292.9M	$282.8M	96.55%
5	Suburban Federal Savings Bank	Crofton, MD	$126M	$360M	$302M	35.0%
6	Ocala National Bank	Ocala, FL	$99.6M	$223.5M	$205.2M	44.56%
7	FirstBank Financial Services	McDonough, GA	$111M	$337M	$279M	32.94%
8	Alliance Bank	Culver City, CA	$206M	$1.14B	$951M	18.07%
9	County Bank	Merced, CA	$135M	$1.70B	$1.30B	7.94%
10	Sherman County Bank	Loup City, NE	$28M	$129.8M	$85.1M	21.57%
11	Riverside Bank of the Gulf Coast	Cape Coral, FL	$201.5M	$539M	$424M	37.38%
12	Corn Belt Bank & Trust Co.	Pittsfield, IL	$100M	$271.8M	$234.4M	36.79%
13	Pinnacle Bank	Beaverton, OR	$12.1M	$73M	$64M	16.58%
14	Silver Falls Bank	Silverton, OR	$50M	$131.4M	$116.3M	37.99%
15	Heritage Community Bank	Glenwood, IL	$41.6M	$232.9M	$218.6M	17.86%
16	Security Savings Bank	Henderson, NV	$59.1M	$175.2M	$238.3M	24.8%
17	Freedom Bank of Georgia	Commerce, GA	$36.2M	$173M	$161M	20.92%
18	FirstCity bank	Stockbridge, GA	$100M	$297M	$278M	33.67%
19	Colorado Nat. Bank	Colorado Spring, CO	$9M	$123.5M	$82.7M	7.29%
20	Teambank, National Assoc.	Paola, KS	$98M	$669.8M	$492.8M	14.63%
21	Omni National Bank	Atlanta, GA	$290M	$956M	$796.8M	30.33%
22	Cape Fear Bank	Wilmington, NC	$131M	$492M	$403M	26.63%
23	New Frontier Bank	Greeley, CO	$670M	$2.0B	$1.50B	33.50%
24	American Sterling Bank	Sugar Creek, MO	$42M	$181M	$171.9M	23.20%
25	Great Basin Bank of Nevada	Elko, NV	$42M	$270.9M	$221.4M	15.50%
26	American Southern Bank	Kennesaw, GA	$41.9M	$112.3M	$104.3M	37.31%
27	Michigan Heritage Bank	Farmington Hill, MI	$71.3M	$184.6M	$151.7M	38.62%
28	First Bank of Beverly Hills	Calabasas, CA	$394M	$1.50B	$1.00B	26.27%
29	First Bank of Idaho, FSB	Ketchum, ID	$191.2M	$488.9M	$374.0M	39.11%
	Total		$4.0234B			Ave.= 29.79%