FDIC Friday - 46 Failed Banks in 2012
FDIC placard from when the deposit insurance limit was $2,500. (Photo credit: Wikipedia)
There have already been more bank failures in 2012 (46) than there were in 2008 (25), at the beginning of the Great Recession. Â Certainly not a sign of a robust economy. Â If you bank with a small bank, keep an eye on it and make sure your deposits don't exceed the FDIC insurance limit ($250,000).
Here is the entire list of banks that have failed in 2012:
_______________________________________________________
Bank Name
City
State
CERT #
Acquiring Institution
Closing Date
Updated Date
Excel BankSedaliaMO19189Simmons First National BankOctober 19, 2012October 19, 2012First East Side Savings BankTamaracFL28144Stearns Bank N.A.October 19, 2012October 19, 2012GulfSouth Private BankDestinFL58073SmartBankOctober 19, 2012October 19, 2012First United BankCreteIL20685Old Plank Trail Community Bank, National AssociationSeptember 28, 2012October 11, 2012Truman BankSt. LouisMO27316Simmons First National BankSeptember 14, 2012October 11, 2012First Commercial BankBloomingtonMN35246Republic Bank & Trust CompanySeptember 7, 2012October 17, 2012Waukegan Savings BankWaukeganIL28243First Midwest BankAugust 3, 2012October 11, 2012Jasper Banking CompanyJasperGA16240Stearns Bank N.A.July 27, 2012October 11, 2012Second Federal Savings and Loan Association of ChicagoChicagoIL27986Hinsdale Bank & Trust CompanyJuly 20, 2012October 11, 2012The Royal Palm Bank of FloridaNaplesFL57096First National Bank of the Gulf CoastJuly 20, 2012October 11, 2012Heartland BankLeawoodKS1361Metcalf BankJuly 20, 2012October 11, 2012Georgia Trust BankBufordGA57847Community & Southern BankJuly 20, 2012October 11, 2012First Cherokee State BankWoodstockGA32711Community & Southern BankJuly 20, 2012October 11, 2012Glasgow Savings BankGlasgowMO1056Regional Missouri BankJuly 13, 2012October 11, 2012Montgomery Bank & TrustAileyGA19498Ameris BankJuly 6, 2012October 11, 2012Putnam State BankPalatkaFL27405Harbor Community BankJune 15, 2012October 10, 2012Security Exchange BankMariettaGA35299Fidelity BankJune 15, 2012October 10, 2012The Farmers Bank of LynchburgLynchburgTN1690Clayton Bank and TrustJune 15, 2012October 10, 2012First Capital BankKingfisherOK416F & M BankJune 8, 2012October 10, 2012Carolina Federal Savings BankCharlestonSC35372Bank of North CarolinaJune 8, 2012October 10, 2012Farmers' and Traders' State BankShabbonaIL9257First State BankJune 8, 2012October 10, 2012Waccamaw BankWhitevilleNC34515First Community BankJune 8, 2012October 10, 2012Alabama Trust Bank, National AssociationSylacaugaAL35224Southern States BankMay 18, 2012October 10, 2012Security Bank, National AssociationNorth LauderdaleFL23156Banesco USAMay 4, 2012October 10, 2012Palm Desert National BankPalm DesertCA23632Pacific Premier BankApril 27, 2012August 31, 2012HarVest Bank of MarylandGaithersburgMD57766SonabankApril 27, 2012October 17, 2012Inter Savings Bank, fsb D/B/A InterBank, fsbMaple GroveMN31495Great Southern BankApril 27, 2012October 17, 2012Plantation Federal BankPawleys IslandSC32503First Federal BankApril 27, 2012August 31, 2012Bank of the Eastern ShoreCambridgeMD26759No AcquirerApril 27, 2012October 17, 2012Fort Lee Federal Savings Bank, FSBFort LeeNJ35527Alma BankApril 20, 2012August 31, 2012Fidelity BankDearbornMI33883The Huntington National BankMarch 30, 2012August 9, 2012Covenant Bank & TrustRock SpringGA58068Stearns Bank, N.A.March 23, 2012August 9, 2012Premier BankWilmetteIL35419International Bank of ChicagoMarch 23, 2012October 17, 2012New City BankChicagoIL57597No AcquirerMarch 9, 2012August 9, 2012Global Commerce BankDoravilleGA34046Metro City BankMarch 2, 2012August 9, 2012Home Savings of AmericaLittle FallsMN29178No AcquirerFebruary 24, 2012August 27, 2012Central Bank of GeorgiaEllavilleGA5687Ameris BankFebruary 24, 2012August 9, 2012Charter National Bank and TrustHoffman EstatesIL23187Barrington Bank & Trust Company, National AssociationFebruary 10, 2012August 9, 2012SCB BankShelbyvilleIN29761First Merchants Bank, National AssociationFebruary 10, 2012August 9, 2012First Guaranty Bank and Trust Company of JacksonvilleJacksonvilleFL16579CenterState Bank of Florida, N.A.January 27, 2012September 12, 2012Patriot Bank MinnesotaForest LakeMN34823First Resource BankJanuary 27, 2012September 12, 2012BankEastKnoxvilleTN19869U.S.Bank National AssociationJanuary 27, 2012August 9, 2012Tennessee Commerce BankFranklinTN35296Republic Bank & Trust CompanyJanuary 27, 2012August 9, 2012American Eagle Savings BankBoothwynPA31581Capital Bank, N.A.January 20, 2012August 9, 2012The First State BankStockbridgeGA19252Hamilton State BankJanuary 20, 2012August 27, 2012Central Florida State BankBelleviewFL57186CenterState Bank of Florida, N.A.January 20, 2012August 23, 2012