Friday, March 1, 2013
No New Failures
As of 5:50 pm EST there have been no failures. The Bank Blog will be
updated throughout the evening as new information arrives. Please take a look at our recently updated list directly below.
Thursday, February 28, 2013
The Winter 2013 Top 40
The Bank Blog has ranks the Top 40 most likely to fail, regulated, deposit taking banks in the United States. As all
regulated banks are now filing under the same reporting format the 2012 ranking have all included savings banks.
The Bank Blog continues to demonstrate well its ability to predict bank distress. Bank failures continued to decline this quarter, to the lowest levels since the start of the crisis. In all, only five banks from the previous list failed from six the previous quarter. Several problem banks all have the same parent, Capital Bancorp Limited. The Bank Blog has decided to highlight those banks. We would also like to caution our readers not to infer that those banks leaving the list are now safe. Of the eight other banks leaving the list, seven of them are still among the top two percent in terms of risk. The other, Mile High Banks, was acquired.
Returning banks from the prior list 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. EASTERN SAVINGS BANK of HUNT VALLEY, MD
2. * PISGAH COMMUNITY BANK of ASHEVILLE, NC
3. FIRST FEDERAL BANK of LEXINGTON, KY
4. * SUNRISE BANK of VALDOSTA, GA
5. HERITAGE BANK OF NORTH FLORIDA of ORANGE PARK, FL
6. AURORA BANK FSB of LITTLETON, CO
7. TEXAS COMMUNITY BANK, N.A. of THE WOODLANDS, TX
8. METROBANK of CHICAGO, IL
9. AMERICAN METRO BANK of CHICAGO, IL
10. GEORGIA PRIMARY BANK of ATLANTA, GA
11. THE PEOPLES BANK of COVINGTON, GA
12. COMMUNITY SOUTH BANK of PARSONS, TN
13. * MICHIGAN COMMERCE BANK of ANN ARBOR, MI
14. ANCHOR COMMERCIAL BANK of JUNO BEACH, FL
15. * CENTRAL ARIZONA BANK of SCOTTSDALE, AZ
16. FRONTIER BANK of LA GRANGE, GA
17. FIRST NATIONAL BANK of EDINBURG TX
18. BANKS OF WISCONSIN of KENOSHA, WI
19. * BANK OF LAS VEGAS of LAS VEGAS, NV
20. FIRSTSECURE BANK AND TRUST CO. of PALOS HILLS, IL
21. THE PATTERSON BANK of PATTERSON, GA
22. BEACH COMMUNITY BANK of FORT WALTON BEACH, FL
23. DUPAGE NATIONAL BANK of WEST CHICAGO, IL
24. ADVANTAGE BANK of LOVELAND, CO
25. TEXAS SAVINGS BANK, STATE SAVINGS BANK of SNYDER, TX
26. GUARANTY BANK of BROWN DEER, WI
27. DOUGLAS COUNTY BANK of DOUGLASVILLE, GA
28. THE COLUMBIA SAVINGS BANK of CINCINNATI, OH
29. U.S. CENTURY BANK of MIAMI FL
30. ARCHER BANK of CHICAGO, IL
31. CENTRUST BANK, NATIONAL ASSOCIATION of NORTHBROOK, IL
32. SUPERIOR BANK of HAZELWOOD, MO
33. AZTECAMERICA BANK of BERWYN, IL
34. STATE BANK OF HERSCHER of HERSCHER, IL
35. 1ST COMMERCE BANK of NORTH LAS VEGAS, NV
36. EASTSIDE COMMERCIAL BANK of CONYERS, GA
37. SOUTHERN COMMERCE BANK, N.A. of TAMPA, FL
38. MILLENNIUM BANK, N.A. of STERLING, VA
39. PLAZA BANK of NORRIDGE, IL
40. SECURANT BANK & TRUST of MILWAUKEE, WI
Disclaimer:
The content of this web site is for general information purposes only and does not constitute advice. The author tries to provide content that is true and accurate as of the date of writing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents. Visitors should not act upon content or information without first seeking appropriate professional advice.
The author accepts no responsibility for and excludes all liability in connection with browsing this Web site, use of information or downloading any materials from it, including but not limited to any liability for errors, inaccuracies, omissions, or misleading or defamatory statements. The information at this Web site might include opinions or views which, unless expressly stated otherwise, are not necessarily those of the author.
All content and information might be changed or updated without notice.
The Bank Blog continues to demonstrate well its ability to predict bank distress. Bank failures continued to decline this quarter, to the lowest levels since the start of the crisis. In all, only five banks from the previous list failed from six the previous quarter. Several problem banks all have the same parent, Capital Bancorp Limited. The Bank Blog has decided to highlight those banks. We would also like to caution our readers not to infer that those banks leaving the list are now safe. Of the eight other banks leaving the list, seven of them are still among the top two percent in terms of risk. The other, Mile High Banks, was acquired.
Returning banks from the prior list 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. EASTERN SAVINGS BANK of HUNT VALLEY, MD
2. * PISGAH COMMUNITY BANK of ASHEVILLE, NC
3. FIRST FEDERAL BANK of LEXINGTON, KY
4. * SUNRISE BANK of VALDOSTA, GA
5. HERITAGE BANK OF NORTH FLORIDA of ORANGE PARK, FL
6. AURORA BANK FSB of LITTLETON, CO
7. TEXAS COMMUNITY BANK, N.A. of THE WOODLANDS, TX
8. METROBANK of CHICAGO, IL
9. AMERICAN METRO BANK of CHICAGO, IL
10. GEORGIA PRIMARY BANK of ATLANTA, GA
11. THE PEOPLES BANK of COVINGTON, GA
12. COMMUNITY SOUTH BANK of PARSONS, TN
13. * MICHIGAN COMMERCE BANK of ANN ARBOR, MI
14. ANCHOR COMMERCIAL BANK of JUNO BEACH, FL
15. * CENTRAL ARIZONA BANK of SCOTTSDALE, AZ
16. FRONTIER BANK of LA GRANGE, GA
17. FIRST NATIONAL BANK of EDINBURG TX
18. BANKS OF WISCONSIN of KENOSHA, WI
19. * BANK OF LAS VEGAS of LAS VEGAS, NV
20. FIRSTSECURE BANK AND TRUST CO. of PALOS HILLS, IL
21. THE PATTERSON BANK of PATTERSON, GA
22. BEACH COMMUNITY BANK of FORT WALTON BEACH, FL
23. DUPAGE NATIONAL BANK of WEST CHICAGO, IL
24. ADVANTAGE BANK of LOVELAND, CO
25. TEXAS SAVINGS BANK, STATE SAVINGS BANK of SNYDER, TX
26. GUARANTY BANK of BROWN DEER, WI
27. DOUGLAS COUNTY BANK of DOUGLASVILLE, GA
28. THE COLUMBIA SAVINGS BANK of CINCINNATI, OH
29. U.S. CENTURY BANK of MIAMI FL
30. ARCHER BANK of CHICAGO, IL
31. CENTRUST BANK, NATIONAL ASSOCIATION of NORTHBROOK, IL
32. SUPERIOR BANK of HAZELWOOD, MO
33. AZTECAMERICA BANK of BERWYN, IL
34. STATE BANK OF HERSCHER of HERSCHER, IL
35. 1ST COMMERCE BANK of NORTH LAS VEGAS, NV
36. EASTSIDE COMMERCIAL BANK of CONYERS, GA
37. SOUTHERN COMMERCE BANK, N.A. of TAMPA, FL
38. MILLENNIUM BANK, N.A. of STERLING, VA
39. PLAZA BANK of NORRIDGE, IL
40. SECURANT BANK & TRUST of MILWAUKEE, WI
Disclaimer:
The content of this web site is for general information purposes only and does not constitute advice. The author tries to provide content that is true and accurate as of the date of writing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents. Visitors should not act upon content or information without first seeking appropriate professional advice.
The author accepts no responsibility for and excludes all liability in connection with browsing this Web site, use of information or downloading any materials from it, including but not limited to any liability for errors, inaccuracies, omissions, or misleading or defamatory statements. The information at this Web site might include opinions or views which, unless expressly stated otherwise, are not necessarily those of the author.
All content and information might be changed or updated without notice.
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