The May 2011 Top 40

Each quarter The Bank Blog releases a new Top 40 ranking based on the most recent data available from various sources. The current version of the list should be viewed as preliminary, however, as technical changes to the data and other refinements often require minor updates.

Of the 40 banks listed in February, 10 failed and 24 of the remaining are on the new list. While 6 banks fell from the list, The Bank Blog would like to caution our readers not to infer that those banks are now safe. None of those banks are currently ranked below the mid 60s. In all, banks that are or have been ranked on prior lists that have not failed still remain in the top 1% in terms of risk.

Returning banks are listed in bold and newly failed banks are listed in italics.

1. PISGAH COMMUNITY BANK of ASHEVILLE, NC
2. HIGH TRUST BANK of STOCKBRIDGE, GA
3. 1ST COMMERCE BANK of NORTH LAS VEGAS, NV
4. GREYSTONE BANK of RALEIGH, NC
5. COMMUNITYONE BANK, N.A. of ASHEBORO, NC
6. COLORADO CAPITAL BANK of CASTLE ROCK, CO
7. LANDMARK BANK OF FLORIDA of SARASOTA, FL
8. BANKMERIDIAN, N.A. of COLUMBIA, SC
9. BANK OF LAS VEGAS of LAS VEGAS, NV
10. THE FIRST NATIONAL BANK OF FLORIDA of MILTON, FL
11. FIRST GUARANTY BANK AND TRUST COMPANY of JACKSONVILLE, FL
11. CENTRUST BANK, NATIONAL ASSOCIATION of NORTHBROOK, IL
12. SECURITY BANK, N.A. of NORTH LAUDERDALE, FL
13. THE FIRST NATIONAL BANK OF OLATHE of OLATHE, KS
14. MCINTOSH STATE BANK of JACKSON, GA
15. OLD HARBOR BANK of CLEARWATER, FL
16. CREEKSIDE BANK of WOODSTOCK, GA
17. OPTIMUMBANK of PLANTATION, FL
18. FIRST INTERNATIONAL BANK of PLANO, TX
19. INTEGRA BANK NATIONAL ASSOCIATION of EVANSVILLE, IN
20. MICHIGAN COMMERCE BANK of ANN ARBOR, MI
21. ATLANTIC SOUTHERN BANK of MACON, GA
22. MID CITY BANK, INC. of OMAHA, NE
23. SIGNATURE BANK of WINDSOR, CO
24. FIDELITY BANK OF FLORIDA, N.A. of MERRITT ISLAND, FL
25. THE ROYAL PALM BANK OF FLORIDA of NAPLES, FL
26. FIRST SOUTHERN NATIONAL BANK of STATESBORO, GA
27. FIRST ASIAN BANK of LAS VEGAS, NV
28. FIRST CHICAGO BANK & TRUST of CHICAGO, IL
29. ALL AMERICAN BANK of DES PLAINES, IL
30. VIRGINIA BUSINESS BANK of RICHMOND, VA
31. SOUTHERN COMMERCE BANK, N.A. of TAMPA, FL
32. BUILDERS BANK of CHICAGO, IL
33. MOUNTAIN HERITAGE BANK, of CLAYTON, GA
34. FIRST COMMERCIAL BANK OF TAMPA BAY of TAMPA, FL
35. GLOBAL COMMERCE BANK of DORAVILLE, GA
36. BANK OF CHOICE of GREELEY, CO
37. BANK OF THE COMMONWEALTH of NORFOLK, VA
38. FIRST COMMERCIAL BANK of BLOOMINGTON, MN
39. FRIENDS BANK of NEW SMYRNA BEACH, FL
40. MONTGOMERY BANK & TRUST of AILEY, GA

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