Tuesday, September 2, 2014
The Summer/Fall Top 50
The Bank Blog is making some changes to our rankings. We will now be posting a new Top 50 (yes, 10 more firms than before) semi-annually. The Summer/Fall list will be based on data provided by banks for the first half of the year while the Winter/Spring ranking will include the most recent year's worth of data.
As before the firms on this list represent the most distressed of the regulated, deposit taking banks in the United States. We would also like to caution our readers not to infer that currently listed banks or those leaving the list are now safe. While the overall likelihood of failure has fallen, distressed banks may not prove to be the best banking partners.
Only returning banks from the prior list are listed in bold and newly failed banks are listed in italics.
1. THE NATIONAL REPUBLIC BANK OF CHICAGO of CHICAGO, IL
2. EASTERN SAVINGS BANK of HUNT VALLEY, MD
3. AMERICAN METRO BANK of CHICAGO, IL3.
4. BEACH COMMUNITY BANK of FORT WALTON BEACH, FL
5. THE PEOPLES BANK of COVINGTON, GA
6. CECIL BANK of ELKTON, MD 7. FIRSTSECURE BANK AND TRUST CO. of PALOS HILLS, IL
8. CITY NATIONAL BANK OF NEW JERSEY of NEWARK, NJ
9. FIRST SOUTHERN BANK of PATTERSON, GA
10. CORNERSTONEBANK of ATLANTA, GA
11. SOUTH CAROLINA COMMUNITY BANK of COLUMBIA, SC
12. ENTERPRISE BANK OF SOUTH CAROLINA of EHRHARDT, SC
13. INDEPENDENT BANKERS' BANK OF FLORIDA of LAKE MARY, FL
14. ADVANTAGE BANK of LOVELAND, CO
15. EDGEBROOK BANK of CHICAGO, IL
16. EASTSIDE COMMERCIAL BANK, NA
17. STATE BANK OF HERSCHER of HERSCHER, IL
18. NBRS FINANCIAL BANK of RISING SUN, MD
19. FIRST CITY BANK OF FLORIDA of FORT WALTON BEACH, FL
20. CAPITOL CITY BANK & TRUST COMPANY of ATLANTA, GA
21. GUARANTY BANK of BROWN DEER, WI
22. GWINNETT COMMUNITY BANK of DULUTH, GA
23. DORAL BANK of SAN JUAN, PR
24. FRONTIER BANK, FSB doing business as EL PASEO BANK in PALM DESERT, CA
25. THE BANK OF PERRY, of PERRY, GA
26. GEORGIA PRIMARY BANK of ATLANTA, GA
27. NORTH MILWAUKEE STATE BANK of MILWAUKEE, WI
28. PAN AMERICAN BANK LOS ANGELES, CA
29. PREMIER BANK of DENVER, CO
30. THE FIRST STATE BANK of BARBOURSVILLE, WV
31. THE HERITAGE BANK of HINESVILLE, GA
32. CITIZENS STATE BANK KINGSLAND, GA
33. HIGHLAND COMMUNITY BANK of CHICAGO, IL
34. AMERICAN BANK OF BAXTER SPRINGS in BAXTER SPRINGS, KS
35. PINNACLE BANK of ORANGE CITY, FL
36. COMMERCE BANK OF ARIZONA, INC. of TUCSON, AZ
37. IDAHO BANKING COMPANY of BOISE, ID
38. SUNSOUTH BANK of DOTHAN, AL
39. AMERICAN PATRIOT BANK of GREENEVILLE, TN
40. FIRST SOUTH BANK of SPARTANBURG, SC
41. STATE CENTRAL BANK of BONAPARTE, IA
42. FIRST CORNERSTONE BANK of KING OF PRUSSIA, PA
43. PNA BANK of CHICAGO, IL
44. NORTHWEST GEORGIA BANK of RINGGOLD, GA
45. F & M BANK AND TRUST COMPANY of MANCHESTER, GA
46. FARMERS & MERCHANTS BANK of LAKELAND, GA
47. SECURANT BANK & TRUST of MILWAUKEE, WI
48. LIBERTY FEDERAL SAVINGS BANK of ENID, OK
49. HORRY COUNTY STATE BANK of LORIS, SC
50. THE LEADERS BANK, of OAK BROOK, IL
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