Feb. 2012 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.

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, 7 failed. Number 1 ranked Greystone Bank also surrendered their license. Of the surviving 32 banks, 27 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. All five of those banks continue to rank among the weakest 2% of banks. 

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

1. NEW CITY BANK of CHICAGO IL
2. PISGAH COMMUNITY BANK of ASHEVILLE, NC
3. SECURITY BANK, N.A. of NORTH LAUDERDALE, FL
4. CENTRUST BANK, NATIONAL ASSOCIATION of NORTHBROOK, IL
5. PREMIER BANK of WILMETTE IL
6. 1ST COMMERCE BANK of NORTH LAS VEGAS, NV
7. BANK OF LAS VEGAS of LAS VEGAS, NV
8. U.S. CENTURY BANK of MIAMI FL
9. TRUMAN BANK of SAINT LOUIS MO
10. SUNRISE BANK of VALDOSTA, GA
11. MICHIGAN COMMERCE BANK of ANN ARBOR, MI
12. MONTGOMERY BANK & TRUST of AILEY, GA
13. THE PATTERSON BANK of PATTERSON, GA 
14. PALM DESERT NATIONAL BANK of PALM DESERT, CA
15. THE ROYAL PALM BANK OF FLORIDA of NAPLES, FL
16. DUPAGE NATIONAL BANK of WEST CHICAGO
17. FIRSTSECURE BANK AND TRUST CO. of PALOS HILLS, IL
18. CENTRAL BANK OF GEORGIA of ELLAVILLE, GA
19. EUROBANK of CORAL GABLES, FL
20. FARMERS & TRADERS STATE BANK of SHABBONA, IL
21. GEORGIA TRUST BANK of BUFORD, GA
22. OPTIMUMBANK of PLANTATION, FL
23. SOUTHERN COMMERCE BANK, N.A. of TAMPA, FL
24. FIRST CAPITAL BANK of GUTHRIE, OK 
25. BEACH COMMUNITY BANK of FORT WALTON BEACH, FL
26. HARVEST BANK OF MARYLAND of ROCKVILLE, MD
27. ROCKY MOUNTAIN BANK of WILSON, WY
28. BANK OF NAPLES of NAPLES, FL
29. THE LEADERS BANK of OAK BROOK, IL
30. GULFSOUTH PRIVATE BANK of DESTIN, FL
31. FRONTIER BANK of LA GRANGE, GA
32. AMERICAN ENTERPRISE BANK of BUFFALO GROVE IL
33. COMMUNITY SOUTH BANK of PARSONS, TN
34. CENTRAL ARIZONA BANK of SCOTTSDALE, AZ
35. TRANSCAPITAL BANK of SUNRISE, FL
36. HOMETOWN NATIONAL BANK of LONGVIEW WA
37. PUTNAM STATE BANK of PALATKA, FL
38. FIDELITY BANK of FLORIDA, N.A. of MERRITT ISLAND, FL
39. IDAHO BANKING COMPANY of BOISE ID
40. INDEPENDENT BANKERS' BANK OF FLORIDA of LAKE MARY, FL

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