The September 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.

With the added month of feedback, The Bank Blog's accuracy was well demonstrated. Of the 41 banks listed in May (it turns out there were two firms ranked 11th), 18 failed. Of the surviving 23 banks, 20 remain on the updated list. The Bank Blog would like to caution our readers not to infer that those banks leaving the list are now safe. None of those banks are currently ranked below the mid 80s. In all, banks that are or have been ranked on prior lists that have not failed still remain in the top 1.5% in terms of risk.

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

1. COUNTRY BANK of ALEDO, IL
2. PISGAH COMMUNITY BANK of ASHEVILLE, NC
3. FIRST SECURITY BANK OF NEVADA of LAS VEGAS, NV
4. COMMUNITYONE BANK, N.A. of ASHEBORO, NC
5. BANK OF LAS VEGAS of LAS VEGAS, NV
6. GREYSTONE BANK of RALEIGH, NC
7. FIRST GUARANTY BANK AND TRUST COMPANY of JACKSONVILLE, FL
8. FIRST INTERNATIONAL BANK of PLANO, TX  
9. BANK OF THE COMMONWEALTH of NORFOLK, VA  
10. OLD HARBOR BANK of CLEARWATER, FL
11. ALL AMERICAN BANK of DES PLAINES, IL
12. OPTIMUMBANK of PLANTATION, FL
13. 1ST COMMERCE BANK of NORTH LAS VEGAS, NV
14. SECURITY BANK, N.A. of NORTH LAUDERDALE, FL
15. CENTRUST BANK, NATIONAL ASSOCIATION of NORTHBROOK, IL
16. MICHIGAN COMMERCE BANK of ANN ARBOR, MI
17. PIEDMONT COMMUNITY BANK of GRAY, GA
18. MONTGOMERY BANK & TRUST of AILEY, GA
19. SUNRISE BANK of VALDOSTA, GA
20. FIDELITY BANK OF FLORIDA, N.A. of MERRITT ISLAND, FL
21. DOUGLAS COUNTY BANK of DOUGLASVILLE, GA
22. HARVEST BANK OF MARYLAND of ROCKVILLE, MD
23. THE RIVERBANK of WYOMING, MN  
24. SOUTHERN COMMERCE BANK, N.A. of TAMPA, FL
25. THE ROYAL PALM BANK OF FLORIDA of NAPLES, FL
26. BANK OF NAPLES of NAPLES, FL
27. WESTERN NATIONAL BANK of PHOENIX, AZ
28. FRIENDS BANK of NEW SMYRNA BEACH, FL
29. MID CITY BANK, INC. of OMAHA, NE
30. ROCKY MOUNTAIN BANK of WILSON, WY
31. THE FIRST STATE BANK of STOCKBRIDGE, GA
32. COMMUNITY BANKS OF COLORADO of GREENWOOD VILLAGE, CO
33. SUN SECURITY BANK of ELLINGTON, MO
34. BLUE RIDGE SAVINGS BANK, INC of ASHEVILLE, NC
35. BUILDERS BANK of CHICAGO, IL
36. GEORGIA TRUST BANK of BUFORD, GA
37. THE LEADERS BANK of OAK BROOK, IL
38. TRANSCAPITAL BANK of SUNRISE, FL
39. FIRST CAPITAL BANK of GUTHRIE, OK
40. VILLAGE BANK of SAINT FRANCIS, MN


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