With this new Top 40 list, the Bank Blog has expanded its ranking to all regulated, deposit taking banks in the United States. As all regulated banks are now filing under the same reporting format, it is now possible to compare across these savings banks as well. That should introduce a few never before seen banks to our list.
In the last quarter The Bank Blog continued to demonstrate well the least
stable U.S. banks well. Of the 40 banks listed, 6 failed. Three others: Pisgah Community Bank, 1st Commerce Bank and Sunrise Bank have all received prompt corrective action orders from the FDIC along. These banks all have the same parent, Capital Bancorp Limited, which is also the parent of several other troubled banks. The Bank Blog has decided to highlight those banks with an asterisk on the newest list. We would also like to caution our readers not to
infer that those banks leaving the list are now safe. Only Eurobank, which was acquired by Banco do Brasil has become appreciably safer.
Returning banks are listed in bold and newly failed banks are listed in italics. Capital Bancorp Limited banks are listed with an asterisk before their name.
1. * PISGAH COMMUNITY BANK of ASHEVILLE, NC
2. EASTERN SAVINGS BANK of HUNT VALLEY, MD
3. GLASGOW SAVINGS BANK of GLASGOW, MO
4. FARMERS & TRADERS STATE BANK of SHABBONA, IL
5. PUTNAM STATE BANK of PALATKA, FL
6. * BANK OF LAS VEGAS of LAS VEGAS, NV
7. U.S. CENTURY BANK of MIAMI FL
8. COMMUNITY BANK OF THE OZARKS of SUNRISE BEACH, MO
9. * SUNRISE BANK of VALDOSTA, GA
10. TRUMAN BANK of SAINT LOUIS MO
11. GEORGIA TRUST BANK of BUFORD, GA
12. THE ROYAL PALM BANK OF FLORIDA of NAPLES, FL
13. JASPER BANKING COMPANY of JASPER, GA
14. MONTGOMERY BANK & TRUST of AILEY, GA
15. THE PATTERSON BANK of PATTERSON, GA
16. FIDELITY BANK of FLORIDA, N.A. of MERRITT ISLAND, FL
17. TEXAS COMMUNITY BANK, N.A. of THE WOODLANDS, TX
18. * 1ST COMMERCE BANK of NORTH LAS VEGAS, NV
19. DECATUR STATE BANK of DECATUR, AR
20. * MICHIGAN COMMERCE BANK of ANN ARBOR, MI
21. EXCEL BANK of SEDALIA MO
22. FIRST CAPITAL BANK of KINGFISHER, OK
23. WESTSIDE COMMUNITY BANK of UNIVERSITY PLACE, WA
24. DOUGLAS COUNTY BANK of DOUGLASVILLE, GA
25. BEACH COMMUNITY BANK of FORT WALTON BEACH, FL
26. GULFSOUTH PRIVATE BANK of DESTIN, FL
27. FIRST COMMERCIAL BANK of BLOOMINGTON, MN
28. SOUTHERN COMMERCE BANK, N.A. of TAMPA, FL
29. THE BRAND BANKING COMPANY of LAWRENCEVILLE, GA
30. CAROLINA FEDERAL SAVINGS BANK of CHARLESTON, SC
31. ISB COMMUNITY BANK of IXONIA, WI
32. MILE HIGH BANKS of LONGMONT, CO
33. FIRSTSECURE BANK AND TRUST CO. of PALOS HILLS, IL
34. GWINNETT COMMUNITY BANK of DULUTH, GA
35. OPTIMUMBANK of PLANTATION, FL
36. METROBANK of CHICAGO, IL
37. BANK OF EASTMAN of EASTMAN, GA
38. * CENTRAL ARIZONA BANK of SCOTTSDALE, AZ
39. COMMUNITY SOUTH BANK of PARSONS, TN
40. TRANSCAPITAL BANK of SUNRISE, FL
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