In a shortened quarter The Bank Blog's continue to highlight the least stable U.S. Banks was well demonstrated. Of the 40 banks listed, 11 failed. Of the surviving 29 banks, 24 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. Four of those five banks continue to rank among the weakest 110 banks. The final bank, First Security Bank of Nevada has received a capital infusion of $14 million and now ranks among the most sound banks. 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. GREYSTONE BANK of RALEIGH, NC
2. PISGAH COMMUNITY BANK of ASHEVILLE, NC
3. FIRST GUARANTY BANK AND TRUST COMPANY of JACKSONVILLE, FL
4. BANK OF LAS VEGAS of LAS VEGAS, NV
5. FIRST CAPITAL BANK of GUTHRIE, OK
6. CENTRAL FLORIDA STATE BANK OF BELLEVIEW, FL
7. COMMUNITYONE BANK, N.A. of ASHEBORO, NC
8. CENTRUST BANK, NATIONAL ASSOCIATION of NORTHBROOK, IL
9. SECURITY BANK, N.A. of NORTH LAUDERDALE, FL
10. 1ST COMMERCE BANK of NORTH LAS VEGAS, NV
11. OPTIMUMBANK of PLANTATION, FL
12. WESTERN NATIONAL BANK of PHOENIX, AZ
13. THE FIRST STATE BANK of STOCKBRIDGE, GA
14. TENNESSEE COMMERCE BANK of FRANKLIN, TN
15. SUNRISE BANK of VALDOSTA, GA
16. MICHIGAN COMMERCE BANK of ANN ARBOR, MI
17 PALM DESERT NATIONAL BANK of PALM DESERT, CA
18 PREMIER COMMUNITY BANK of THE EMERALD CO of CRESTVIEW, FL
19. THE ROYAL PALM BANK OF FLORIDA of NAPLES, FL
20. PREMIER BANK of WILMETTE IL
21. NEW CITY BANK of CHICAGO IL
22. AMERICAN METRO BANK of CHICAGO IL
23. U.S. CENTURY BANK of MIAMI FL
24. BANK OF NAPLES of NAPLES, FL
25. HARVEST BANK OF MARYLAND of ROCKVILLE, MD
26. MONTGOMERY BANK & TRUST of AILEY, GA
27. DOUGLAS COUNTY BANK of DOUGLASVILLE, GA
28. ROCKY MOUNTAIN BANK of WILSON, WY
29. GEORGIA TRUST BANK of BUFORD, GA
30. DUPAGE NATIONAL BANK of WEST CHICAGO
31. FIDELITY BANK of FLORIDA, N.A. of MERRITT ISLAND, FL
32. THE LEADERS BANK of OAK BROOK, IL
33. TRUMAN BANK of SAINT LOUIS MO
34. COVENANT BANK & TRUST of ROCK SPRING GA
35. HOMETOWN NATIONAL BANK of LONGVIEW WA
36. SOUTHERN COMMERCE BANK, N.A. of TAMPA, FL
37. AMERICAN ENTERPRISE BANK of BUFFALO GROVE IL
38. PATRIOT BANK MINNESOTA of FOREST LAKE MN
39. SUNRISE BANK OF ARIZONA of PHOENIX AZ
40. IDAHO BANKING COMPANY of BOISE ID
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