Tuesday, March 24, 2015

The Winter/Spring Top 50

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. The Winter/Spring list is based on the annual data provided by banks to the FDIC.

Only returning banks from the prior list are listed in bold and newly failed banks are listed in italics. 

1. SOUTH CAROLINA COMMUNITY BANK of COLUMBIA, SC
2. BEACH COMMUNITY BANK of FORT WALTON BEACH, FL
3. LAFAYETTE STATE BANK of  MAYO, FL
4. CITY NATIONAL BANK OF NEW JERSEY of NEWARK, NJ
5 HOMETOWN NATIONAL BANK of LONGVIEW, WA
6. CECIL BANK of ELKTON, MD 
7. EASTERN SAVINGS BANK of HUNT VALLEY, MD 
8. STATE BANK OF HERSCHER of HERSCHER, IL 
9. GWINNETT COMMUNITY BANK of DULUTH, GA 
10. CORNERSTONEBANK of ATLANTA, GA 
11. FIRST CORNERSTONE BANK of KING OF PRUSSIA, PA 
12. GUARANTY BANK of GLENDALE, WI
13. NORTH MILWAUKEE STATE BANK of MILWAUKEE, WI
14. PREMIER BANK of DENVER, CO
15. HARVARD SAVINGS BANK of HARVARD, IL
16. WINFIELD COMMUNITY BANK of WINFIELD, IL
17. THE PEOPLES BANK of COVINGTON, GA
18. EASTSIDE COMMERCIAL BANK, NA
19. EDGEBROOK BANK of CHICAGO, IL
20. FIRST SOUTHERN BANK of PATTERSON, GA
21. AMERICAN PATRIOT BANK of GREENEVILLE, TN
22. ENTERPRISE BANK OF SOUTH CAROLINA of EHRHARDT, SC
23. THE BANK OF PERRY, of PERRY, GA
24. FIRST CITY BANK OF FLORIDA of FORT WALTON BEACH, FL
25. INDEPENDENT BANKERS' BANK OF FLORIDA of LAKE MARY, FL
26. THE HERITAGE BANK of HINESVILLE, GA
27. ILLINOIS-SERVICE FEDERAL SAVINGS AND LOAN of CHICAGO, IL
28. LIBERTY FEDERAL SAVINGS BANK of ENID, OK
29. STATE CENTRAL BANK of BONAPARTE, IA
30. THE ELKHART STATE BANK of ELKHART, TX
31. PROFICIO BANK of COTTONWOOD HEIGHTS, UT
32. PNA BANK of CHICAGO, IL
33. COMMERCE BANK OF ARIZONA, INC. of TUCSON, AZ
34. HIGH DESERT BANK BEND OR
35. FARMERS & MERCHANTS BANK of LAKELAND, GA
36. FIRSTSECURE BANK AND TRUST CO. of PALOS HILLS, IL 
37. PINNACLE BANK of ORANGE CITY, FL
38. FIRST SOUTH BANK of SPARTANBURG, SC
39. NORTHWEST GEORGIA BANK of RINGGOLD, GA
40. THE FIRST STATE BANK of BARBOURSVILLE, WV
41. WESTSIDE BANK of HIRAM, GA
42. HORRY COUNTY STATE BANK of LORIS, SC
43. AMERICAN METRO BANK of CHICAGO, IL
44. PBI BANK of LOUISVILLE, KY
45. ALLIANCE BANK & TRUST COMPANY of GASTONIA, NC
46. NORTHSIDE BANK of ADAIRSVILLE, GA
47. HARVEST COMMUNITY BANK of PENNSVILLE, NJ
48. F & M BANK AND TRUST COMPANY of MANCHESTER, GA
49. SUNSOUTH BANK of DOTHAN, AL
50. CERTUSBANK, NATIONAL ASSOCIATION of EASLEY, SC


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