Friday, June 25, 2010

3 community banks failed this week

Number 11, Peninsula Bank of Englewood, FL was closed. Premier American Bank (a sound 6061st on the list) of Miami, FL has agreed to assume all deposits excluding certain brokered deposits.

Number 14, High Desert State Bank of Albuquerque, NM closed. First American Bank (2014th) of Artesia, NM, agreed to assume all deposits.

Number 58 (not listed), First National Bank of Savannah, GA closed. Savannah Bank, National Association of Savannah (3843rd), GA has agreed to assume all deposits, excluding certain brokered deposits.

Since the start of this list one month ago, 9 of the top 25 banks have failed. Enough that it seemed time to fill the list back out to 25, still, surviving banks:

1. PISGAH COMMUNITY BANK ASHEVILLE NC
2. MICHIGAN COMMERCE BANK ANN ARBOR MI
3. CENTRAL PACIFIC BANK HONOLULU HI
4. SOUTHERN COMMERCE BANK TAMPA FL
5. SUNBANK, NATIONAL ASSOCIATION PHOENIX AZ
6. CRESCENT BANK AND TRUST COMPANY JASPER GA
7. SHOREBANK CHICAGO IL
8. PREMIER BANK JEFFERSON CITY MO
9. SUNRISE BANK OF ARIZONA PHOENIX AZ
10. METROBANK OF DADE COUNTY MIAMI FL
11. RAVENSWOOD BANK CHICAGO IL
12. FIRST SOUND BANK SEATTLE WA
13. BLUE RIDGE SAVINGS BANK, INC ASHEVILLE NC
14. MCINTOSH STATE BANK JACKSON GA
15. USA BANK PORTCHESTER NY
16. HAVEN TRUST BANK FLORIDA PONTE VEDRA BEACH FL
17. ALL AMERICAN BANK of DES PLAINES, IL
18. COMMUNITY SECURITY BANK of NEW PRAGUE, MN
19. NORTHWEST BANK & TRUST of ACWORTH, GA
20. WILLIAMSBURG FIRST NATIONAL BANK of KINGSTREE, SC
21. COMMUNITY NATIONAL BANK AT BARTOW of BARTOW, FL
22. STERLING BANK of LANTANA, FL
23. MIDWEST COMMUNITY BANK of PLAINVILLE, KS
24. WESTBRIDGE BANK & TRUST COMPANY of CHESTERFIELD, MO
25. NORTH COUNTY BANK of ARLINGTON, WA