Let me try ths one more time! I'm worried!

This is a continuation of the review of the laundry list of “red flags” published and highlighted as “Post of the Day” this past weekend in order to review what was written, analyzing which of line items are true, false, misleading, half-truths or perhaps irrelevant. Again, if you’re uninterested in BofI or tired of these posts, please click Ignore Thread or skip this post.

Another red flag that was raised concerns BofI executives who previously worked at failed banks (and the implication that these executives are corrupt or incompetent).

SaulR80683 writes:
Okay, so BOFI insiders were connected to two banks involved in the biggest scandals and bankruptcies in California… But that could just be coincidence. It doesn’t prove anything.

Going back to the Seeking Alpha article written by Aurelius, he states that BofI is led “by a senior management team that has collectively been involved in two of California’s largest bank failures,” the implication being that the entire team is tainted. Two executives at BofI, Durrans and Swanson, were with IndyMac. However, Durrans left IndyBank in 2005, three years before the IndyMac failure.

Garrabrants was with Imperial Capital Bank, another bank that failed; please note though that Imperial failed in 2009, a full two years after Garrabrants left to join BofI, being appointed President and CEO of BofI Federal Bank in 2007.

Bottom line: let’s call these half-truths and innuendos. Durrans and Garrabrants did work for banks that failed but left them long before their failures; only Swanson was employed at a failing bank during the time of its bankruptcy.

Oh, and if you’re thinking bank scandals and failures have been few and far between… think again. There were 140 bank failures in 2009, including 22 in California (all listed below). Scroll down (warning, very scrolly) and you’ll also see a list of the 157 bank failures in 2010.

I’ll wager that most of the executives who worked for these failed banks (and actually were working at them when they failed) are still working in the banking industry today (but that’s a different argument).

2009
December


First Federal Bank of California, F.S.B., Santa Monica, CA with 
approximately $6.1 billion in assets and approximately $4.5 billion in 
deposits was closed. OneWest Bank, Pasadena, CA has agreed to assume all 
deposits. (PR-239-2009)

Imperial Capital Bank, La Jolla, CA with approximately $4.0 billion in 
assets and approximately $2.8 billion in deposits was closed. City 
National Bank, Los Angeles, CA has agreed to assume all deposits, 
excluding certain brokered deposits. (PR-238-2009)

Independent Bankers' Bank, Springfield, IL, with approximately $585.5 
million in assets and $511.5 million in deposits was closed. The FDIC 
created a bridge bank, Independent Bankers' Bank Bridge Bank (IBB Bridge 
Bank, N.A.), to take over operations. (PR-237-2009)

New South Federal Savings Bank, Irondale, AL with approximately $1.5 
billion in assets and approximately $1.2 billion in deposits was closed. 
Beal Bank, Plano, TX has agreed to assume all deposits. (PR-236-2009)

Citizens State Bank, New Baltimore, MI, with approximately $168.6 
million in assets and $157.1 million in deposits was closed. Deposit 
Insurance National Bank of New Baltimore, New Baltimore, MI has agreed 
to assume insured deposits. (PR-235-2009)

Peoples First Community Bank, Panama City, FL with approximately $1.8 
billion in assets and approximately $1.7 billion in deposits was closed. 
Hancock Bank, Gulfport, MS has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-234-2009)

RockBridge Commercial Bank, Atlanta, GA, with approximately $294.0 
million in assets and approximately $291.7 million in deposits was 
approved for payout by the FDIC Board of Directors. (PR-233-2009)

SolutionsBank, Overland Park, KS with approximately $511.1 million in 
assets and approximately $421.3 million in deposits was closed. Arvest 
Bank, Fayetteville, AR has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-227-2009)

Valley Capital Bank, National Association, Mesa, AZ with approximately 
$40.3 million in assets and approximately $41.3 million in deposits was 
closed. Enterprise Bank & Trust, Clayton, MO has agreed to assume all 
deposits. (PR-226-2009)

Republic Federal Bank, National Association, Miami, FL with 
approximately $433.0 million in assets and approximately $352.7 million 
in deposits was closed. 1st United Bank, Boca Raton, FL has agreed to 
assume all deposits, excluding certain brokered deposits. (PR-225-2009)

Greater Atlantic Bank, Reston, VA with approximately $203.0 million in 
assets and approximately $179.0 million in deposits was closed. 
Sonabank, McLean, VA has agreed to assume all deposits. (PR-224-2009)

Benchmark Bank, Aurora, IL with approximately $170.0 million in assets 
and approximately $181.0 million in deposits was closed. MB Financial 
Bank, N.A., Chicago, IL has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-223-2009)

AmTrust Bank, Cleveland, OH with approximately $12.0 billion in assets 
and approximately $8.0 billion in deposits was closed. New York 
Community Bank, Westbury, NY has agreed to assume all deposits. (PR-222-
2009)

The Tattnall Bank, Reidsville, GA with approximately $49.6 million in 
assets and approximately $47.3 million in deposits was closed. 
HeritageBank of the South, Albany, GA has agreed to assume all deposits, 
excluding certain brokered deposits. (PR-221-2009)

First Security National Bank, Norcross, GA with approximately $128.0 
million in assets and approximately $123.0 million in deposits was 
closed. State Bank and Trust Company, Macon, GA has agreed to assume all 
deposits, excluding certain brokered deposits. (PR-220-2009)

The Buckhead Community Bank, Atlanta, GA with approximately $874.0 
million in assets and approximately $838.0 million in deposits was 
closed. State Bank and Trust Company, Macon, GA has agreed to assume all 
deposits, excluding certain brokered deposits. (PR-219-2009)

November

Commerce Bank of Southwest Florida, Fort Myers, FL with approximately 
$79.7 million in assets and approximately $76.7 million in deposits was 
closed. Central Bank, Stillwater, MN has agreed to assume all deposits, 
excluding certain brokered deposits. (PR-211-2009)

Pacific Coast National Bank, San Clemente, CA with approximately $134.4 
million in assets and approximately $130.9 million in deposits was 
closed. Sunwest Bank, Tustin, CA has agreed to assume all deposits, 
excluding certain brokered deposits. (PR-207-2009)

Orion Bank, Naples, FL with approximately $2.7 billion in assets and 
approximately $2.1 billion in deposits was closed. IBERIABANK, 
Lafayette, LA has agreed to assume all deposits, excluding certain 
brokered deposits. (PR-206-2009)

Century Bank, a Federal Savings Bank, Sarasota, FL with approximately 
$728 million in assets and approximately $631 million in deposits was 
closed. IBERIABANK, Lafayette, LA has agreed to assume all deposits, 
excluding certain brokered deposits. (PR-205-2009)

United Commercial Bank, San Francisco, CA with approximately $11.2 
billion in assets and approximately $7.5 billion in deposits was closed. 
East West Bank, Pasadena, CA has agreed to assume all deposits, 
excluding certain brokered deposits. (PR-201-2009)

Gateway Bank of St. Louis, St. Louis, MO with approximately $27.7 
million in assets and approximately $27.9 million in deposits was 
closed. Central Bank of Kansas City, Kansas City, MO has agreed to 
assume all deposits. (PR-200-2009)

Prosperan Bank, Oakdale, MN with approximately $199.5 million in assets 
and approximately $175.6 million in deposits was closed. Alerus 
Financial, National Association, Grand Forks, ND has agreed to assume 
all deposits, excluding certain brokered deposits. (PR-199-2009)

Home Federal Savings Bank, Detroit, MI,  with approximately $14.9 
million in assets and approximately $12.8 million in deposits was 
closed. Liberty Bank and Trust Company, New Orleans, LA has agreed to 
assume all deposits. (PR-198-2009)

United Security Bank, Sparta, GA with approximately $157 million in 
assets and approximately $150 million in deposits was closed. Ameris 
Bank, Moultrie, GA has agreed to assume all deposits, excluding certain 
brokered deposits. (PR-197-2009)

October

North Houston Bank, Houston, TX,  with approximately $326.2 million in 
assets and approximately $308.0 million in deposits was closed. U.S. 
Bank National Association, Minneapolis, MN has agreed to assume all 
deposits. (PR-195-2009)

Madisonville State Bank, Madisonville, TX,  with approximately $256.7 
million in assets and approximately $225.2 million in deposits was 
closed. U.S. Bank National Association, Minneapolis, MN has agreed to 
assume all deposits. (PR-195-2009)

Citizens National Bank, Teague, TX,  with approximately $118.2 million 
in assets and approximately $97.7 million in deposits was closed. U.S. 
Bank National Association, Minneapolis, MN has agreed to assume all 
deposits. (PR-195-2009)

Park National Bank, Chicago, IL,  with approximately $4.7 billion in 
assets and approximately $3.7 billion in deposits was closed. U.S. Bank 
National Association, Minneapolis, MN has agreed to assume all deposits. 
(PR-195-2009)

Pacific National Bank, San Francisco, CA,  with approximately $2.3 
billion in assets and approximately $1.8 billion in deposits was closed. 
U.S. Bank National Association, Minneapolis, MN has agreed to assume all 
deposits. (PR-195-2009)

California National Bank, Los Angeles, CA,  with approximately $7.8 
billion in assets and approximately $6.2 billion in deposits was closed. 
U.S. Bank National Association, Minneapolis, MN has agreed to assume all 
deposits. (PR-195-2009)

San Diego National Bank, San Diego, CA,  with approximately $3.6 billion 
in assets and approximately $2.9 billion in deposits was closed. U.S. 
Bank National Association, Minneapolis, MN has agreed to assume all 
deposits. (PR-195-2009)

Community Bank of Lemont, Lemont, IL,  with approximately $81.8 million 
in assets and approximately $81.2 million in deposits was closed. U.S. 
Bank National Association, Minneapolis, MN has agreed to assume all 
deposits. (PR-195-2009)

Bank USA, National Association, Phoenix, AZ,  with approximately $212.8 
million in assets and approximately $117.1 million in deposits was 
closed. U.S. Bank National Association, Minneapolis, MN has agreed to 
assume all deposits. (PR-195-2009)

First DuPage Bank, Westmont, IL with approximately $279 million in 
assets and approximately $254 million in deposits was closed. First 
Midwest Bank, Itasca, IL has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-192-2009)

Riverview Community Bank, Otsego, MN,  with approximately $108 million 
in assets and approximately $80 million in deposits was closed. Central 
Bank, Stillwater, MN has agreed to assume all deposits. (PR-191-2009)

Bank of Elmwood, Racine, WI with approximately $327.4 million in assets 
and approximately $273.2 million in deposits was closed. Tri City 
National Bank, Oak Creek, WI has agreed to assume all deposits, 
excluding certain brokered deposits. (PR-190-2009)

Flagship National Bank, Bradenton, FL with approximately $190 million in 
assets and approximately $175 million in deposits was closed. First 
Federal Bank of Florida, Lake City, FL has agreed to assume all 
deposits. (PR-189-2009)

Hillcrest Bank Florida, Naples, FL with approximately $83 million in 
assets and approximately $84 million in deposits was closed. Stonegate 
Bank, Fort Lauderdale, FL has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-188-2009)

American United Bank, Lawrenceville, GA with approximately $111 million 
in assets and approximately $101 million in deposits was closed. Ameris 
Bank, Moultrie, GA has agreed to assume all deposits. (PR-187-2009)

Partners Bank, Naples, FL with approximately $65.5 million in assets and 
approximately $64.9 million in deposits was closed. Stonegate Bank, Fort 
Lauderdale, FL has agreed to assume all deposits. (PR-186-2009)

San Joaquin Bank, Bakersfield, CA with approximately $775 million in 
assets and approximately $631 million in deposits was closed. Citizens 
Business Bank, Ontario, CA has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-185-2009)

Southern Colorado National Bank, Pueblo, CO with approximately $39.5 
million in assets and approximately $31.9 million in deposits was 
closed. Legacy Bank, Wiley, CO has agreed to assume all deposits. (PR-
181-2009)

Jennings State Bank, Spring Grove, MN with approximately $56.3 million 
in assets and approximately $52.4 million in deposits was closed. 
Central Bank, Stillwater, MN has agreed to assume all deposits. (PR-180-
2009)

Warren Bank, Warren, MI with approximately $538 million in assets and 
approximately $501 million in deposits was closed. The Huntington 
National Bank, Columbus, OH has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-179-2009)

September

Georgian Bank, Atlanta, GA with approximately $2 billion in assets and 
approximately $2 billion in deposits was closed. First Citizens Bank and 
Trust Company, Inc., Columbia, SC has agreed to assume all deposits, 
excluding certain brokered deposits. (PR-177-2009)

Irwin Union Bank, F.S.B., Louisville, KY with approximately $493 million 
in assets and approximately $441 million in deposits was closed. First 
Financial Bank, N.A., Hamilton, OH has agreed to assume all deposits. 
(PR-174-2009)

Irwin Union Bank and Trust Company, Columbus, IN with approximately $2.7 
billion in assets and approximately $2.1 billion in deposits was closed. 
First Financial Bank, N.A., Hamilton, OH has agreed to assume all 
deposits. (PR-174-2009)

Venture Bank, Lacey, WA with approximately $970 million in assets and 
approximately $903 million in deposits was closed. First-Citizens Bank & 
Trust Company, Raleigh, NC has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-170-2009)

Brickwell Community Bank, Woodbury, MN with approximately $72 million in 
assets and approximately $63 million in deposits was closed. CorTrust 
Bank N.A. Mitchell, SD has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-169-2009)

Corus Bank, N.A., Chicago, IL with approximately $7 billion in assets 
and approximately $7 billion in deposits was closed. MB Financial Bank, 
N.A., Chicago, IL has agreed to assume all deposits, excluding certain 
brokered deposits. (PR-168-2009)

First State Bank, Flagstaff, AZ with approximately $105 million in 
assets and approximately $95 million in deposits was closed. Sunwest 
Bank, Tustin, CA has agreed to assume all deposits, excluding certain 
brokered deposits. (PR-165-2009)

Platinum Community Bank, Rolling Meadows, IL, with approximately $345.6 
million in assets and approximately $305.0 million in deposits was 
approved for payout by the FDIC Board of Directors. (PR-164-2009)

Vantus Bank, Sioux City, IA with approximately $458 million in assets 
and approximately $368 million in deposits was closed. Great Southern 
Bank, Springfield, MO has agreed to assume all deposits. (PR-163-2009)

InBank, Oak Forest, IL with approximately $212 million in assets and 
approximately $199 million in deposits was closed. MB Financial Bank, 
National Association, Chicago, IL has agreed to assume all deposits, 
excluding certain brokered deposits. (PR-162-2009)

First Bank of Kansas City, Kansas City, MO with approximately $16 
million in assets and approximately $15 million in deposits was closed. 
Great American Bank, De Soto, KS has agreed to assume all deposits. (PR-
161-2009) 

August

Affinity Bank, Ventura, CA with approximately $1 billion in assets and 
approximately $922 million in deposits was closed. Pacific Western Bank, 
San Diego, CA has agreed to assume all deposits, excluding certain 
brokered deposits. (PR-157-2009)

Mainstreet Bank, Forest Lake, MN with approximately $459 million in 
assets and approximately $434 million in deposits was closed. Central 
Bank, Stillwater, MN has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-156-2009)

Bradford Bank, Baltimore, MD with approximately $452 million in assets 
and approximately $383 million in deposits was closed. Manufacturers and 
Traders Trust Company, Buffalo, NY has agreed to assume all deposits. 
(PR-155-2009)

Guaranty Bank, Austin, TX with approximately $13 billion in assets and 
approximately $12 billion in deposits was closed. BBVA Compass, 
Birmingham, AL has agreed to assume all deposits, excluding certain 
brokered deposits. (PR-150-2009)

CapitalSouth Bank, Birmingham, AL with approximately $617 million in 
assets and approximately $546 million in deposits was closed. 
IBERIABANK, Lafayette, LA has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-149-2009)

First Coweta Bank, Newnan, GA, with approximately $167 million in assets 
and approximately $155 million in deposits was closed. United Bank, 
Zebulon, GA, has agreed to assume all deposits, excluding certain 
brokered deposits. (PR-148-2009)

ebank, Atlanta, Georgia, with approximately $143 million in assets and 
approximately $130 million in deposits was closed. Stearns Bank, 
National Association, St. Cloud, MN, has agreed to assume all deposits. 
(PR-147-2009)

Community Bank of Nevada, Las Vegas, Nevada, with approximately $1.52 
billion in assets and approximately $1.38 billion in deposits was 
closed. The FDIC has created the Deposit Insurance National Bank of Las 
Vegas, NV ("DINB of Las Vegas") to facilitate the resolution of 
Community Bank of Nevada, Las Vegas, NV. (PR-146-2009)

Community Bank of Arizona, Phoenix, Arizona, with approximately $158.5 
million in total assets, was closed. MidFirst Bank, Oklahoma City, OK, 
has agreed to assume all deposits, excluding certain brokered deposits 
(approximately $143.8 million).	(PR-145-2009)

Union Bank, N.A., Gilbert, Arizona, with approximately $124 million in 
assets and approximately $112 in deposits was closed. MidFirst Bank, 
Oklahoma City, OK, has agreed to assume all non-brokered deposits. (PR-
144-2009)

Colonial Bank, Montgomery, Alabama, with approximately $25 billion in 
assets, was closed. Branch Banking and Trust Company (BB&T),	Winston-
Salem, NC, has agreed to assume all deposits (approximately $20 
billion). (PR-143-2009)

Dwelling House Savings and Loan Association, Pittsburgh, Pennsylvania, 
with approximately $13.4 million in assets, was closed. PNC Bank,	
Pittsburgh, PA, has agreed to assume all deposits (approximately $13.8 
million). (PR-142-2009)

Community First Bank, Prineville, Oregon, with approximately $209 
million in total assets, was closed. Home Federal Bank, Nampa, ID, has 
agreed to assume all deposits, excluding certain brokered deposits 
(approximately $182 million).	(PR-141-2009)

Community National Bank of Sarasota County, Venice, Florida, with 
approximately $97 million in assets, was closed. Stearns Bank,	
N.A.,St. Cloud, MN, has agreed to assume all deposits (approximately $93 
million). (PR-140-2009)

First State Bank, Sarasota, Florida, with approximately $463 million in 
assets, was closed. Stearns Bank, N.A., St. Cloud, MN, has agreed to 
assume all deposits, excluding certain brokered deposits (approximately 
$387 million). (PR-139-2009)

July

Mutual Bank, Harvey, Illinois, with approximately $1.6 billion in 
assets, was closed. United Central Bank, Garland, Texas, has agreed to 
assume all deposits (approximately $1.6 billion). (PR-137-2009)

First BankAmericano, Elizabeth, New Jersey, with approximately $166 
million in assets, was closed. Crown Bank, Brick, New Jersey, has agreed 
to assume all deposits (approximately $157 million). (PR-136-2009)

Peoples Community Bank, West Chester, Ohio, with approximately $705.8 
million in assets, was closed. First Financial Bank, N.A., Hamilton, 
Ohio, has agreed to assume all deposits, excluding certain brokered 
deposits (approximately $598.2 million). (PR-135-2009)

Integrity Bank, Jupiter, Florida, with approximately $119 million in 
assets, was closed. Stonegate Bank, Fort Lauderdale, Florida, has agreed 
to assume all deposits, excluding certain brokered deposits 
(approximately $102 million). (PR-134-2009)

First State Bank of Altus, Altus, Oklahoma, with approximately $103.4 
million in assets, was closed. Herring Bank, Amarillo, Texas, has agreed 
to assume all deposits (approximately $98.2 million). (PR-133-2009)

Security Bank of Gwinnett County, Suwanee, GA; Security Bank of North 
Fulton, Alpharetta, GA; Security Bank of North Metro, Woodstock, GA; 
Security Bank of Bibb County, Macon, GA; Security Bank of Houston 
County, Perry, GA; and Security Bank of Jones County, Gray, GA, with 
approximately $2.8 billion in combined assets, were closed. State Bank 
and Trust Company, Pinehurst, Georgia, has agreed to assume all deposits 
(approximately $2.4 billion). (PR-130-2009)

Waterford Village Bank, Williamsville, New York, with approximately 
$61.4 million in assets, was closed. Evans Bank, National Association, 
Angola, New York, has agreed to assume all deposits (approximately $58 
million). (PR-129-2009)

Temecula Valley Bank, Temecula, California, with approximately $1.5 
billion in assets, was closed. First-Citizens Bank & Trust Company, 
Raleigh, North Carolina, has agreed to assume all deposits, excluding 
certain brokered deposits (approximately $1.3 billion). (PR-126-2009)

Vineyard Bank, N.A., Rancho Cucamonga, California, with approximately 
$1.9 billion in assets, was closed. California Bank & Trust, San Diego, 
California, has agreed to assume all deposits, excluding certain 
brokered deposits (approximately $1.6 billion). (PR-125-2009)

BankFirst, Sioux Falls, South Dakota, with approximately $275 million in 
assets, was closed. Alerus Financial, National Association, Grand Forks, 
North Dakota, has agreed to assume all deposits (approximately $254 
million). (PR-124-2009)

First Piedmont Bank, Winder, Georgia, with approximately $115 million in 
assets, was closed. First American Bank and Trust Company, Athens, 
Georgia, has agreed to assume all deposits (approximately $109 million). 
(PR-123-2009)

Bank of Wyoming, Thermopolis, Wyoming, with approximately $70 million in 
assets, was closed. Central Bank & Trust, Lander, Wyoming, has agreed to 
assume all deposits, excluding certain brokered deposits (approximately 
$67 million). (PR-122-2009)

Founders Bank, Worth, Illinois, with approximately $962.5 million in 
assets, was closed. The PrivateBank and Trust Company, Chicago, 
Illinois, has agreed to assume all deposits (approximately $848.9 
million). (PR-119-2009)

Millennium State Bank of Texas, Dallas, Texas, with approximately $118 
million in assets, was closed. State Bank of Texas, Irving, Texas, has 
agreed to assume all deposits (approximately $115 million). (PR-118-
2009)

The First National Bank of Danville, Danville, Illinois, with 
approximately $166 million in assets, was closed. First Financial Bank, 
N.A., Terre Haute, Indiana, has agreed to assume all deposits 
(approximately $147 million). (PR-117-2009)

The Elizabeth State Bank, Elizabeth, Illinois, with approximately $55.5 
million in assets, was closed. Galena State Bank and Trust Company, 
Galena, Illinois, has agreed to assume all deposits (approximately $50.4 
million). (PR-116-2009)

Rock River Bank, Oregon, Illinois, with approximately $77 million in 
assets, was closed. The Harvard State Bank, Harvard, Illinois, has 
agreed to assume all deposits (approximately $75.8 million). (PR-115-
2009)

The First State Bank of Winchester, Winchester, Illinois, with 
approximately $36 million in assets, was closed. The First National Bank 
of Beardstown, Beardstown, Illinois, has agreed to assume all deposits 
(approximately $34 million). (PR-114-2009)

The John Warner Bank, Clinton, Illinois, with approximately $70 million 
in assets, was closed. State Bank of Lincoln, Lincoln, Illinois, has 
agreed to assume all deposits (approximately $64 million). (PR-113-2009)

June

Mirae Bank, Los Angeles, California, with approximately $456 million in 
assets, was closed. Wilshire State Bank, Los Angeles, California, has 
agreed to assume all deposits (approximately $362 million). (PR-105-
2009)

MetroPacific Bank, Irvine, California, with approximately $80 million in 
assets, was closed. Sunwest Bank, Tustin, California, has agreed to 
assume all non-brokered deposits (approximately $73 million). (PR-104-
2009)

Horizon Bank, Pine City, Minnesota, with approximately $87.6 million in 
assets, was closed. Stearns Bank N.A., St. Cloud, Minnesota, has agreed 
to assume all deposits, excluding certain brokered deposits 
(approximately $69.4 million). (PR-103-2009)

Neighbor Community Bank, Newnan, Georgia, with approximately $221.6 
million in assets, was closed. CharterBank, West Point, Georgia, has 
agreed to assume all deposits (approximately $191.3 million). (PR-102-
2009)

Community Bank of West Georgia, Villa Rica, Georgia, with approximately 
$199.4 million in assets and approximately $182.5 million in deposits 
was approved for payout by the FDIC Board of Directors. (PR-101-2009)

First National Bank of Anthony, Anthony, Kansas, with approximately 
$156.9 million in assets, was closed. Bank of Kansas, South Hutchinson, 
Kansas, has agreed to assume all deposits (approximately $142.5 
million). (PR-96-2009)

Cooperative Bank, Wilmington, North Carolina, with approximately $970 
million in assets, was closed. First Bank, Troy, North Carolina, has 
agreed to assume all deposits, excluding certain brokered deposits 
(approximately $774 million). (PR-95-2009)

Southern Community Bank, Fayetteville, Georgia, with approximately $377 
million in assets, was closed. United Community Bank, Blairsville, 
Georgia, has agreed to assume all deposits (approximately $307 million). 
(PR-94-2009)

Bank of Lincolnwood, Lincolnwood, Illinois, with approximately $214 
million in assets, was closed. Republic Bank of Chicago, Oak Brook, 
Illinois, has agreed to assume all deposits (approximately $202 
million).
(PR-86-2009)

May

Citizens National Bank, Macomb, Illinois, with approximately $437 
million in assets, was closed. Morton Community Bank, Morton, Illinois, 
has agreed to assume all non-brokered deposits (approximately $400 
million). (PR-76-2009)

Strategic Capital Bank, Champaign, Illinois, with approximately $537 
million in assets, was closed. Midland States Bank, Effingham, Illinois, 
has agreed to assume all deposits (approximately $471 million).
(PR-75-2009)

BankUnited, FSB, Coral Gables, Florida, with approximately $12.8 billion 
in assets, was closed. BankUnited, Coral Gables, Florida, has agreed to 
assume all deposits (approximately $8.6 billion).
(PR-72-2009)

Westsound Bank, Bremerton, Washington, with approximately $334.6 million 
in assets and $304.5 million in deposits, was closed. Kitsap Bank, Port 
Orchard, Washington, has agreed to assume all non-brokered deposits. 
(PR-69-2009)

America West Bank, Layton, Utah, with approximately $299.4 million in 
assets, was closed. Cache Valley Bank, Logan, Utah, has agreed to assume 
all deposits (approximately $284.1 million).
(PR-63-2009)

Citizens Community Bank, Ridgewood, New Jersey, with approximately $45.1 
million in assets, was closed. North Jersey Community Bank, Englewood 
Cliffs, New Jersey, has agreed to assume all deposits (approximately 
$43.7 million). (PR-62-2009)

Silverton Bank, N.A., Atlanta, Georgia, with approximately $4.1 billion 
in assets and $3.3 billion in deposits was closed. The FDIC created a 
bridge bank, Silverton Bridge Bank, N.A., to take over operations. (PR-
61-2009)

April

First Bank of Idaho, Ketchum, Idaho, with approximately $488.9 million 
in assets, was closed. U.S. Bank, National Association, Minneapolis, MN, 
has agreed to assume all non-brokered deposits (approximately $374 
million). (PR-60-2009)

First Bank of Beverly Hills, Calabasas, California, with approximately 
$1.5 billion in assets and approximately $1 billion in deposits was 
approved for payout by the FDIC Board of Directors. (PR-59-2009)

Michigan Heritage Bank, Farmington Hills, Michigan, with approximately 
$184.6 million in assets, was closed. Level One Bank, Farmington Hills, 
Michigan, has agreed to assume all deposits (approximately $151.7 
million). (PR-58-2009)

American Southern Bank, Kennesaw, Georgia, with approximately $112.3 
million in assets and approximately $104.3 in deposits was closed. Bank 
of North Georgia, Alpharetta, Georgia, has agreed to assume all non-
brokered deposits. (PR-57-2009)

Great Basin Bank of Nevada, Elko, Nevada, with approximately $270.9 
million in assets, was closed. Nevada State Bank, Las Vegas, Nevada, has 
agreed to assume all deposits (approximately $241.4 million). (PR-55-
2009)

American Sterling Bank, Sugar Creek, Missouri, with approximately $181 
million in assets was closed. Metcalf Bank, Lee's Summit, Missouri, has 
agreed to assume all deposits (approximately $171.9 million).  (PR-54-
2009)

New Frontier Bank, Greeley, Colorado, with approximately $2.0 billion in 
assets and approximately $1.5 billion in deposits was closed. Deposit 
Insurance National Bank of Greeley, Greeley, Colorado has agreed to 
assume the non-brokered insured deposits. (PR-53-2009)

Cape Fear Bank, Wilmington, North Carolina, with approximately $492 
million in assets, was closed. First Federal Savings and Loan 
Association, Charleston, South Carolina, has agreed to assume all 
deposits, excluding certain brokered deposits (approximately $403 
million). (PR-52-2009)

March

Omni National Bank, Atlanta, Georgia, with approximately $956.0 million 
in assets and approximately $796.8 million in deposits was closed. 
SunTrust Bank, Atlanta, Georgia has agreed to assume the non-brokered 
insured deposits. (PR-50-2009)

TeamBank, National Association, Paola, Kansas, with approximately $669.8 
million in assets, was closed. Great Southern Bank, Springfield, 
Missouri, has agreed to assume all deposits (approximately $492.8 
million). (PR-46-2009)

Colorado National Bank, Colorado Springs, Colorado, with approximately 
$123.5 million in assets, was closed. Herring Bank, Amarillo, Texas has 
agreed to assume all deposits (approximately $82.7 million). (PR-45-
2009)

FirstCity Bank, Stockbridge, Georgia, with approximately $297.0 million 
in assets and approximately $278.0 million in deposits was approved for 
payout by the FDIC Board of Directors. (PR-44-2009)

Freedom Bank of Georgia, Commerce, Georgia, with approximately $173.0 
million in assets and approximately $161.0 million in deposits, was 
closed. Northeast Georgia Bank, Lavonia, Georgia has agreed to assume 
all deposits. (PR-37-2009)

February

Security Savings Bank, Henderson, Nevada, with approximately $238.3 
million in assets, was closed. Bank of Nevada, Las Vegas, NV has agreed 
to assume all non-brokered deposits (approximately $175.2 million). (PR-
32-2009)

Heritage Community Bank, Glenwood, Illinois, with approximately $232.9 
million in assets, was closed. The MB Financial Bank, National 
Association, Chicago, Illinois has agreed to assume all deposits 
(approximately $218.6 million). (PR-31-2009)

Silver Falls Bank, Silverton, Oregon, with approximately $131.4 million 
in assets was closed. Citizens Bank, Corvallis, Oregon has agreed to 
assume all deposits (approximately $116.3 million). (PR-24-2009)

Pinnacle Bank of Oregon, Beaverton, Oregon, with approximately $73.0 
million in assets was closed. Washington Trust Bank, Spokane, Washington 
has agreed to assume all deposits (approximately $64.0 million). (PR-23-
2009)

Corn Belt Bank and Trust Company, Pittsfield, Illinois, with 
approximately $271.8 million in assets and approximately $234.4 million 
in deposits, was closed. The Carlinville National Bank, Carlinville, 
Illinois has agreed to assume all non-brokered deposits. (PR-22-2009)

Riverside Bank of the Gulf Coast, Cape Coral, Florida, with 
approximately $539.0 million in assets and approximately $424.0 million 
in deposits, was closed. TIB Bank, Naples, Florida has agreed to assume 
all non-brokered deposits. (PR-21-2009)

Sherman County Bank, Loup City, Nebraska, with approximately $129.8 
million in assets was closed. Heritage Bank, Wood River, Nebraska has 
agreed to assume all deposits (approximately $85.1 million). (PR-20-
2009) 

County Bank, Merced, California, with approximately $1.7 billion in 
assets was closed. Westamerica Bank, San Rafael, California has agreed 
to assume all deposits (approximately $1.3 billion). (PR-19-2009)

Alliance Bank, Culver City, California, with approximately $1.14 billion 
in assets and approximately $951.0 million in deposits was closed. 
California Bank & Trust, San Diego, California has agreed to assume all 
deposits. (PR-18-2009)

FirstBank Financial Services, McDonough, Georgia, with approximately 
$337.0 million in assets was closed. Regions Bank, Birmingham, Alabama 
has agreed to assume all deposits (approximately $279.0 million). (PR-
17-2009)

January

Ocala National Bank, Ocala, Florida, with approximately $223.5 million 
in assets and approximately $205.2 million in deposits, was closed. 
CenterState Bank of Florida, Winter Haven, Florida has agreed to assume 
all non-brokered deposits. (PR-14-2009)

Suburban Federal Savings Bank, Crofton, Maryland, with approximately 
$360.0 million in assets was closed. Bank of Essex, Tappahannock, 
Virginia has agreed to assume all deposits (approximately $302.0 
million). (PR-13-2009)

MagnetBank, Salt Lake City, Utah, with approximately $292.2 million in 
assets and approximately $282.8 million in deposits was approved for 
payout by the FDIC Board of Directors. (PR-12-2009)

1st Centennial Bank, Redlands, California, with approximately $803.3 
million in assets and approximately $676.9 million in deposits was 
closed. First California Bank, Westlake Village, California has agreed 
to assume the non-brokered insured deposits. (PR-7-2009)

Bank of Clark County, Vancouver, Washington, with approximately $446.5 
million in assets and approximately $366.5 million in deposits was 
closed. Umpqua Bank, Roseburg, Oregon has agreed to assume the non-
brokered insured deposits. (PR-6-2009)

National Bank of Commerce, Berkeley, Illinois, with approximately $430.9 
million in total assets and $402.1 million in total deposits, was 
closed. In addition to assuming all of the failed bank's deposits, 
Republic Bank of Chicago, Oak Brook, Illinois agreed to pay a discount 
of $44.9 million, and will purchase approximately $366.6 million of 
assets. The FDIC will retain the remaining assets for later disposition. 
(PR-5-2009)

2010
December

Community National Bank, Lino Lakes, MN with approximately $31.6 million 
in total assets and $28.8 million in total deposits was closed. Farmers 
& Merchants Savings Bank, Manchester, IA, has agreed to assume all 
deposits. 
(PR-276-2010).

First Southern Bank, Batesville, AR with approximately $191.8 million in 
total assets and $155.8 million in total deposits was closed. Southern 
Bank, Poplar Bluff, MO has agreed to assume all deposits excluding 
certain brokered deposits. 
(PR-275-2010).

United Americas Bank, N.A., Atlanta, GA with approximately $242.3 
million in total assets and $193.8 million in total deposits was closed. 
State Bank and Trust Company, Macon, GA has agreed to assume all 
deposits excluding certain brokered deposits. 
(PR-274-2010).

Appalachian Community Bank, FSB, McCaysville, GA with approximately 
$68.2 million in total assets and $76.4 million in total deposits was 
closed. Peoples Bank of East Tennessee, Madisonville, TN has agreed to 
assume all deposits excluding certain brokered deposits. 
(PR-273-2010).

Chestatee State Bank, Dawsonville, GA with approximately $244.4 million 
in total assets and $240.5 million in total deposits was closed. Bank of 
the Ozarks, Little Rock, AR has agreed to assume all deposits. 
(PR-272-2010).

The Bank of Miami, National Association (N.A.), Coral Gables, FL with 
approximately $448.2 million in total assets and $374.2 million in total 
deposits was closed. 1st United Bank, Boca Raton, FL has agreed to 
assume all deposits excluding certain brokered deposits. 
(PR-271-2010).

Earthstar Bank, Southampton, PA with approximately $112.6 million in 
total assets and $104.5 million in total deposits was closed. Polonia 
Bank, Huntingdon Valley, PA has agreed to assume all deposits. 
(PR-264-2010).

Paramount Bank, Farmington Hills, MI with approximately $252.7 million 
in total assets and $213.6 million in total deposits was closed. Level 
One Bank, Farmington Hills, MI has agreed to assume all deposits 
excluding certain brokered deposits. 
(PR-263-2010).

November

First Banking Center, Burlington, WI with approximately $750.7 million 
in total assets and $664.8 million in total deposits was closed. First 
Michigan Bank, Troy, MI has agreed to assume all deposits excluding 
certain brokered deposits. 
(PR-255-2010).

Allegiance Bank of North America, Bala Cynwyd, PA with approximately 
$106.6 million in total assets and $92.0 million in total deposits was 
closed. VIST Bank, Wyomissing, PA has agreed to assume all deposits 
excluding certain brokered deposits. 
(PR-254-2010).

Gulf State Community Bank, Carrabelle, FL with approximately $112.1 
million in total assets and $112.2 million in total deposits was closed. 
Centennial Bank, Conway, AR has agreed to assume all deposits excluding 
certain brokered deposits. 
(PR-253-2010).

Copper Star Bank, Scottsdale, AZ with approximately $204.0 million in 
total assets and $190.2 million in total deposits was closed. Stearns 
Bank, N.A., Saint Cloud, MN has agreed to assume all deposits excluding 
certain brokered deposits. 
(PR-250-2010).

Darby Bank & Trust Co., Vidalia, GA with approximately $654.7 million in 
total assets and $587.6 million in total deposits was closed. Ameris 
Bank, Moultrie, GA has agreed to assume all deposits excluding excluding 
certain brokered deposits. 
(PR-249-2010).

Tifton Banking Company, Tifton, GA with approximately $143.7 million in 
total assets and $141.6 million in total deposits was closed. Ameris 
Bank, Moultrie, GA has agreed to assume all deposits including certain 
brokered deposits. 
(PR-249-2010).

First Vietnamese American Bank, Westminster, CA with approximately $48.0 
million in total assets and $47.0 million in total deposits was closed. 
Grandpoint Bank, Los Angeles, CA has agreed to assume all deposits 
excluding certain brokered deposits. 
(PR-245-2010).

Pierce Commercial Bank, Tacoma, WA with approximately $221.1 million in 
total assets and $193.5 million in total deposits was closed. Heritage 
Bank, Olympia, WA has agreed to assume all deposits. 
(PR-244-2010).

Western Commercial Bank, Woodland Hills, CA with approximately $98.6 
million in total assets and $101.1 million in total deposits was closed. 
First California Bank, Westlake Village, CA has agreed to assume all 
deposits. 
(PR-243-2010).

K Bank, Randallstown, MD with approximately $538.3 million in total 
assets and $500.1 million in total deposits was closed. Manufacturers 
and Traders Trust Company, Buffalo, NY has agreed to assume all deposits 
excluding certain brokered deposits. 
(PR-242-2010).

October

First Arizona Savings, A FSB, Scottsdale, AZ with approximately $272.2 
million in total assets and $198.8 million in total deposits was closed. 
The FDIC has approved the payout of the insured deposits of First 
Arizona Savings, A FSB. 
(PR-237-2010).

Hillcrest Bank, Overland Park, KS with approximately $1.65 billion in 
total assets and $1.54 billion in total deposits was closed. Hillcrest 
Bank, N.A., Overland Park, KS has agreed to assume all deposits 
excluding certain brokered deposits. 
(PR-236-2010).

First Suburban National Bank, Maywood, IL with approximately $148.7 
million in total assets and $140.0 million in total deposits was closed. 
Seaway Bank and Trust Company, Chicago, IL has agreed to assume all 
deposits excluding certain brokered deposits. 
(PR-235-2010).

The First National Bank of Barnesville, Barnesville, GA with 
approximately $131.4 million in total assets and $127.1 million in total 
deposits was closed. United Bank, Zebulon, GA has agreed to assume all 
deposits excluding certain brokered deposits. 
(PR-234-2010).

The Gordon Bank, Gordon, GA with approximately $29.4 million in total 
assets and $26.7 million in total deposits was closed. Morris Bank, 
Dublin, GA has agreed to assume all deposits. 
(PR-233-2010).

Progress Bank of Florida, Tampa, FL with approximately $110.7 million in 
total assets and $101.3 million in total deposits was closed. Bay Cities 
Bank, Tampa, FL has agreed to assume all deposits excluding certain 
brokered deposits. 
(PR-232-2010).

First Bank of Jacksonville, Jacksonville, FL with approximately $81.0 
million in total assets and $77.3 million in total deposits was closed. 
Ameris Bank, Moultrie, GA has agreed to assume all deposits. 
(PR-231-2010).

Premier Bank, Jefferson City, MO with approximately $1.18 billion in 
total assets and $1.03 billion in total deposits was closed. Providence 
Bank, Columbia, MO has agreed to assume all deposits excluding certain 
brokered deposits. 
(PR-228-2010).

WestBridge Bank and Trust Company, Chesterfield, MO with approximately 
$91.5 million in total assets and $72.5 in total deposits was closed. 
Midland States Bank, Effingham, IL has agreed to assume all deposits 
excluding certain brokered deposits. 
(PR-227-2010).

Security Savings Bank, F.S.B, Olathe, KS with approximately $508.4 
million in total assets and $397.0 million in total deposits was closed. 
Simmons First National Bank, Pine Bluff, AR has agreed to assume all 
deposits. 
(PR-226-2010).

Shoreline Bank, Shoreline, WA with approximately $104.2 million in total 
assets and $100.2 million in total deposits was closed. GBC 
International Bank, Los Angeles, CA has agreed to assume all deposits 
excluding certain brokered deposits.
(PR-221-2010).

Wakulla Bank, Crawfordville, FL with approximately $424.1 million in 
total assets and $386.3 million in total deposits was closed. Centennial 
Bank, Conway, AR has agreed to assume all deposits excluding certain 
brokered deposits.
(PR-220-2010).

September

North County Bank, Arlington, WA with approximately $288.8 million total 
assets and $276.1 million in total deposits was closed. Whidbey Island 
Bank, Cupeville, WA has agreed to assume all deposits excluding certain 
brokered deposits.
(PR-215-2010).

Haven Trust Bank Florida, Ponte Vedra Beach, FL with approximately 
$148.6 million total assets and $133.6 million in total deposits was 
closed. First Southern Bank, Boca Raton, FL has agreed to assume all 
deposits excluding certain brokered deposits.
(PR-214-2010).

Maritime Savings Bank, West Allis, WI with approximately $350.5 million 
total assets and $248.1 million in total deposits was closed. North 
Shore Bank, FSB, Brookfield, WI has agreed to assume all deposits 
excluding certain brokered deposits.
(PR-210-2010).

Bramble Savings Bank, Milford, OH with approximately $47.5 million total 
assets and $41.6 million in total deposits was closed. Foundation Bank, 
Cincinnati, OH has agreed to assume all deposits excluding certain 
brokered deposits.
(PR-209-2010).

The Peoples Bank, Winder, GA with approximately $447.2 million total 
assets and $398.2 million in total deposits was closed. Community & 
Southern Bank, Carrollton, GA has agreed to assume all deposits 
excluding certain brokered deposits.
(PR-208-2010).

First Commerce Community Bank, Douglasville, GA with approximately 
$248.2 million total assets and $242.8 million in total deposits was 
closed. Community & Southern Bank, Carrollton, GA has agreed to assume 
all deposits excluding certain brokered deposits.
(PR-208-2010).

Bank of Ellijay, Ellijay, GA with approximately $168.8 million total 
assets and $160.7 million in total deposits was closed. Community & 
Southern Bank, Carrollton, GA has agreed to assume all deposits. 
(PR-208-2010).

ISN Bank, Cherry Hill, NJ with approximately $81.6 million total assets 
and $79.7 million in total deposits was closed. New Century Bank, 
Phoenixville, PA has agreed to assume all deposits excluding certain 
brokered deposits.
(PR-207-2010).

Horizon Bank, Bradenton, FL with approximately $187.8 million total 
assets and $164.6 million in total deposits was closed. Bank of the 
Ozarks, Little Rock, AR has agreed to assume all deposits excluding 
certain brokered deposits.
(PR-205-2010).

August

Sonoma Valley Bank, Sonoma, CA with approximately $337.1 million in 
total assets and $255.5 million in total deposits was closed. 
Westamerica Bank, San Rafael, CA has agreed to assume all deposits.
(PR-196-2010).

Los Padres Bank, Solvang, CA with approximately $870.4 million in total 
assets and $770.7 million in total deposits was closed. Pacific Western 
Bank, San Diego, CA has agreed to assume all deposits.
(PR-195-2010).

Butte Community Bank, Chico, CA with approximately $498.8 million in 
total assets and $471.3 million in total deposits was closed. Rabobank, 
National Association (N.A.), El Centro, CA has agreed to assume all 
deposits.
(PR-194-2010).

Pacific State Bank, Stockton, CA with approximately $312.1 million in 
total assets and $278.8 million in total deposits was closed. Rabobank, 
National Association (N.A.), El Centro, CA has agreed to assume all 
deposits, excluding certain brokered deposits.
(PR-194-2010).

ShoreBank, Chicago, IL with approximately $2.16 billion in total assets 
and $1.54 billion in total deposits was closed. Urban Partnership Bank, 
Chicago, IL has agreed to assume all deposits, excluding certain 
brokered deposits.
(PR-193-2010).

Imperial Savings and Loan Association, Martinsville, VA with 
approximately $9.4 million in total assets and $10.1 million in total 
deposits was closed. River Community Bank, National Association (N.A), 
Martinsville, VA has agreed to assume all deposits.
(PR-192-2010).

Independent National Bank, Ocala, FL with approximately $156.2 million 
in total assets and $141.9 million in total deposits was closed. 
CenterState Bank of Florida, National Association (N.A.), Winter Haven, 
FL has agreed to assume all deposits.
(PR-191-2010).

Community National Bank at Bartow, Bartow, FL with approximately $67.9 
million in total assets and $63.7 million in total deposits was closed. 
CenterState Bank of Florida, National Association (N.A.), Winter Haven, 
FL has agreed to assume all deposits, excluding certain brokered 
deposits.
(PR-191-2010).

Palos Bank and Trust Company, Palos Heights, IL with approximately 
$493.4 million in total assets and $467.8 million in total deposits was 
closed. First Midwest Bank, Itasca, IL has agreed to assume all 
deposits.
(PR-189-2010).

Ravenswood Bank, Chicago, IL, with approximately $264.6 million in total 
assets and $269.5 million in total deposits was closed. Northbrook Bank 
and Trust Company, Northbrook, IL has agreed to assume all deposits, 
excluding certain brokered deposits.
(PR-181-2010).

July

LibertyBank, Eugene, OR with approximately $768.2 million in total 
assets and $718.5 million in total deposits was closed. Home Federal 
Bank, Nampa, ID has agreed to assume all deposits.
(PR-176-2010).

The Cowlitz Bank, Longview, WA, with approximately $529.3 million in 
total assets and $513.9 million in total deposits was closed. Heritage 
Bank, Olympia, WA has agreed to assume all deposits, excluding certain 
brokered deposits.
(PR-175-2010).

Coastal Community Bank, Panama City Beach, FL with approximately $372.9 
million in total assets and $363.2 million in total deposits was closed. 
Centennial Bank, Conway, AR has agreed to assume all deposits
(PR-174-2010).

Bayside Savings Bank, Port Saint Joe, FL with approximately $66.1 
million in total assets and $52.4 million in total deposits was closed. 
Centennial Bank, Conway, AR has agreed to assume all deposits
(PR-174-2010).

Northwest Bank & Trust, Acworth, GA, with approximately $167.7 million 
in total assets and $159.4 million in total deposits was closed. State 
Bank and Trust Company, Macon Georgia, has agreed to assume all 
deposits, excluding certain brokered deposits.
(PR-172-2010).

Home Valley Bank, Cave Junction, OR with approximately $251.80 million 
in total assets and $229.6 million in total deposits was closed. South 
Valley Bank & Trust, Klamath Falls, OR has agreed to assume all deposits
(PR-169-2010).

SouthwestUSA Bank, Las Vegas, NV with approximately $214.0 million in 
total assets and $186.7 million in total deposits was closed. Plaza 
Bank, Irvine, CA has agreed to assume all deposits, excluding certain 
brokered deposits
(PR-168-2010).

Community Security Bank, New Prague, MN with approximately $108.0 
million in total assets and $99.7 million in total deposits was closed. 
Roundbank, Waseca, MN has agreed to assume all deposits
(PR-167-2010).

Thunder Bank, Sylvan Grove, KS with approximately $32.6 million in total 
assets and $28.5 million in total deposits was closed. The Bennington 
State Bank, Salina, KS has agreed to assume all deposits, excluding 
certain brokered deposits
(PR-166-2010).

Williamsburg First National Bank, Kingstree, SC with approximately 
$139.3 million in total assets and $134.3 million in total deposits was 
closed. First Citizens Bank and Trust Company, Inc., Columbia, SC has 
agreed to assume all deposits, excluding certain brokered deposits
(PR-165-2010).

Crescent Bank and Trust Company, Jasper, GA with approximately $1.01 
billion in total assets and $965.7 million in total deposits was closed. 
The Renasant Bank, Tupelo, MS has agreed to assume all deposits, 
excluding certain brokered deposits
(PR-164-2010).

Sterling Bank, Lantana, FL with approximately $407.9 million in total 
assets and $372.4 million in total deposits was closed. IBERIABANK, 
Lafayette, LA has agreed to assume all deposits, excluding certain 
brokered deposits
(PR-163-2010).

Mainstreet Savings Bank, FSB, Hastings, MI with approximately $97.4 
million in total assets and $63.7 million in total deposits was closed. 
Commercial Bank, Alma, MI has agreed to assume all deposits
(PR-159-2010).

Olde Cypress Community Bank, Clewiston, FL with approximately $168.7 
million in total assets and $162.4 million in total deposits was closed. 
CenterState Bank of Florida, National Association, Winter Haven, FL has 
agreed to assume all deposits, excluding certain brokered deposits.
(PR-158-2010).

Turnberry Bank, Aventura, FL with approximately $263.9 million in total 
assets and $196.9 million in total deposits was closed. NAFH National 
Bank, Miami, FL has agreed to assume all deposits
(PR-157-2010).

Metro Bank of Dade County, Miami, FL with approximately $442.3 million 
in total assets and $391.3 million in total deposits was closed. NAFH 
National Bank, Miami, FL has agreed to assume all deposits, excluding 
certain brokered deposits.
(PR-157-2010).

First National Bank of the South, Spartanburg, SC with approximately 
$682.0 million in total assets and $610.1 million in total deposits was 
closed. NAFH National Bank, Miami, FL has agreed to assume all deposits, 
excluding certain brokered deposits.
(PR-157-2010).

Woodlands Bank, Bluffton, SC with approximately $376.2 million in total 
assets and $355.3 million in total deposits was closed. Bank of the 
Ozarks, Little Rock, AR has agreed to assume all deposits, excluding 
certain brokered deposits.
(PR-156-2010).

Home National Bank, Blackwell, OK with approximately $644.5 million in 
total assets and $560.7 million in total deposits was closed. RCB Bank, 
Claremore, OK has agreed to assume all deposits ( PR-152-2010).

USA Bank, Port Chester, NY with approximately $193.3 million in total 
assets and $189.9 million in total deposits. The FDIC entered into a 
purchase and assumption agreement with New Century Bank (doing business 
as Customer’s 1st Bank), Phoenixville, PA, to assume all of the deposits 
of USA Bank. (PR-151-2010).

Ideal Federal Savings Bank, Baltimore, MD with approximately $6.3 
million in total assets and $5.8 million in total deposits was closed. 
The FDIC has approved the payout of the insured deposits of Ideal 
Federal Savings Bank. (PR-150-2010).

Bay National Bank, Baltimore, MD with approximately $282.2 million in 
total assets and $276.1 million in total deposits was closed. To protect 
the depositors, the FDIC entered into a purchase and assumption 
agreement with Bay Bank, FSB, Lutherville, MD, to assume all of the 
deposits of Bay National Bank. ( PR-149-2010).

June

High Desert State Bank, Albuquerque, NM with approximately $80.3 million 
in assets and approximately $81.0 million in deposits was closed. First 
American Bank, Artesia, NM, GA has agreed to assume all deposits (PR-
145-2010).

First National Bank, Savannah, GA with approximately $252.5 million in 
assets and approximately $231.9 million in deposits was closed. The 
Savannah Bank, National Association, Savannah, GA has agreed to assume 
all deposits, excluding certain brokered deposits (PR-144-2010)

Peninsula Bank, Englewood, FL with approximately $644.3 million in 
assets and approximately $580.1 million in deposits was closed. Premier 
American Bank, Miami, FL has agreed to assume all deposits excluding 
certain brokered deposits. ( PR-143-2010)

Nevada Security Bank, Reno, Nevada (also known as Silverado Bank, 
Roseville, CA), with approximately $480.3 million in assets and 
approximately $479.8 million in deposits was closed. Umpqua Bank, 
Roseburg, OR has agreed to assume all deposits, excluding certain 
brokered deposits. ( PR-137-2010)

Washington First International Bank, Seattle, WA with approximately 
$520.9 million in assets and approximately $441.4 million in deposits 
was closed. East West Bank, Pasadena, CA has agreed to assume all 
deposits. (PR-133-2010)

TierOne Bank, Lincoln, NE with approximately $2.8 billion in assets and 
approximately $2.1 billion in deposits was closed. Great Western Bank, 
Sioux Falls, SD has agreed to assume all deposits. ( PR-132-2010)

Arcola Homestead Savings Bank, Arcola, IL with approximately $17.0 
million in assets and approximately $18.1 million in deposits was 
approved for payout by the FDIC Board of Directors. (PR-131-2010)

First National Bank, Rosedale, MS with approximately $60.4 million in 
assets and approximately $63.5 million in deposits was closed. Jefferson 
Bank, Fayette, MS has agreed to assume all deposits. (PR-130-2010)

May

Sun West Bank, Las Vegas, NV with approximately $360.7 million in assets 
and approximately $353.9 million in deposits was closed. City National 
Bank, Los Angeles, CA has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-127-2010)

Granite Community Bank, NA, Granite Bay, CA with approximately $102.9 
million in assets and approximately $94.2 million in deposits was 
closed. Tri Counties Bank, Chico, CA has agreed to assume all deposits. 
(PR-126-2010)

Bank of Florida - Tampa Bay, Tampa, FL with approximately $245.2 million 
in assets and approximately $224.0 million in deposits was closed. 
EverBank, Jacksonville, FL has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-125-2010)

Bank of Florida - Southwest, Naples, FL with approximately $640.9 
million in assets and approximately $559.9 million in deposits was 
closed. EverBank, Jacksonville, FL has agreed to assume all deposits, 
excluding certain brokered deposits. (PR-125-2010)

Bank of Florida - Southeast, Fort Lauderdale, FL with approximately 
$595.3 million in assets and approximately $531.7 million in deposits 
was closed. EverBank, Jacksonville, FL has agreed to assume all 
deposits, excluding certain brokered deposits. (PR-125-2010)

Pinehurst Bank, St. Paul, MN with approximately $61.2 million in assets 
and approximately $58.3 million in deposits was closed. Coulee Bank, La 
Crosse, WI has agreed to assume all deposits. (PR-118-2010)

Midwest Bank and Trust Company, Elmwood Park, IL with approximately 
$3.17 billion in assets and approximately $2.42 billion in deposits was 
closed. FirstMerit Bank, National Association, Akron, OH has agreed to 
assume all deposits. (PR-116-2010)

Southwest Community Bank, Springfield, MO with approximately $96.6 
million in assets and approximately $102.5 million in deposits was 
closed. Simmons First National Bank, Pine Bluff, AR has agreed to assume 
all deposits. (PR-115-2010)

New Liberty Bank, Plymouth, MI with approximately $109.1 million in 
assets and approximately $101.8 million in deposits was closed. Bank of 
Ann Arbor, Ann Arbor, MI has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-114-2010)
Satilla Community Bank, Saint Marys, GA with approximately $135.7 
million in assets and approximately $134.0 million in deposits was 
closed. Ameris Bank, Moulteri, GA has agreed to assume all deposits, 
excluding certain brokered deposits. (PR-113-2010)

1st Pacific Bank of California, San Diego, CA with approximately $335.8 
million in assets and approximately $291.2 in deposits was closed. City 
National Bank, Los Angeles, CA has agreed to assume all deposits, 
excluding certain brokered deposits. (PR-109-2010)

Towne Bank of Arizona, Mesa, AZ with approximately $120.2 million in 
assets and approximately $113.2 million in deposits was closed. Commerce 
Bank of Arizona, Mesa, AZ has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-108-2010)

Access Bank, Champlin, MN with approximately $32.0 million in assets and 
approximately $32.0 million in deposits was closed. PrinsBank, 
Prinsburg, MN has agreed to assume all deposits. (PR-107-2010)

The Bank of Bonifay, Bonifay, FL with approximately $242.9 million in 
assets and approximately $230.2 million in deposits was closed. First 
Federal Bank of Florida, Lake City, FL has agreed to assume all 
deposits. (PR-106-2010)

April

Frontier Bank, Everett, WA with approximately $3.50 billion in assets 
and approximately $3.13 billion in deposits was closed. Union Bank, 
National Association, San Francisco, CA has agreed to assume all 
deposits, excluding certain brokered deposits. (PR-101-2010)

BC National Banks, Butler, MO with approximately $67.2 million in assets 
and approximately $54.9 million in deposits was closed. Community First 
Bank, Butler, MO has agreed to assume all deposits. (PR-100-2010)

Champion Bank, Creve Coeur, MO with approximately $187.3 million in 
assets and approximately $153.8 million in deposits was closed. 
BankLiberty, Liberty, PR has agreed to assume all deposits, excluding 
certain brokered deposits. (PR-099-2010)

CF Bancorp, Port Huron, MI with approximately $1.65 billion in assets 
and approximately $1.43 billion in deposits was closed. First Michigan 
Bank, Troy, MI has agreed to assume all deposits, excluding certain 
brokered deposits. (PR-098-2010)

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