2009 Q3 Watch List on FDIC Insured Banks at Very High Risk of Failing (Final Update: 11/29/09)

The list of FDIC-insured banks below is generated by our model with the Bankability Composite Score* under 20, indicating their current financial status is at very poor

The data used to generate this list is current as of June 30, 2009.  There are currently 224 banks on this list.  Banks that failed after 2009 Q2 will get noted if they are on this list.

Update (8/29/09): Another list of 796 banks has been generated by our model with the Bankability Composite Score between 20 and 40, for banks with their current financial status labeled as poor.  We will publish that list on a later date but is available upon request for legitimate purposes via "info(at)moneyeconomics(dot)com."

Final Update (11/30/09): This list will serve as the archived version and will no longer be updated.  Please consult the 2009 Q4 Watch List on FDIC Insured Banks at Very High Risk of Failing (updated) page for the most current version of this list.


Other items of interest:

FDIC Certificate
Bank Name Asset Concentration Hierarchy Bankability Composite Score Notes
9873 First State Bank of Altus Commercial Lending Specialization -179.51 Failed on 7/31/09
34103 BANKFIRST Commercial Lending Specialization -161.64 Failed on 7/17/09
57346 Security Bank of Gwinnett County Commercial Lending Specialization -103.11 Failed on 7/24/09
57096 The Royal Palm Bank of Florida Commercial Lending Specialization -89.73 -
57105 Security Bank of North Metro Commercial Lending Specialization -77.85 Failed on 7/24/09
31559 Dwelling House Savings and Loan Association Mortgage Lending Specialization -72.12 Failed on 8/14/09
18659 Mutual Bank Commercial Lending Specialization -69.54 Failed on 7/31/09
4063 MidFirst Bank Commercial Lending Specialization -68.80 -
58336 Hillcrest Bank Florida Commercial Lending Specialization -64.41 Failed on 10/23/09
57736 Brickwell Community Bank Commercial Lending Specialization -60.53 Failed on 9/11/09
17224 First Security Trust and Savings Bank Commercial Lending Specialization -53.13 -
25231 First Bank of Kansas City Commercial Lending Specialization -48.10 Failed on 9/4/09
57604 Integrity Bank Commercial Lending Specialization -46.70 Failed on 7/31/09
34658 Citizens Bank and Trust Company of Chicago Commercial Lending Specialization -42.64 -
13693 Corus Bank, National Association Commercial Lending Specialization -41.18 Failed on 9/11/09
11710 The First State Bank of Winchester, Illinois All other < $1 Billion -37.74 Failed on 7/2/09 
31623 Imperial Savings and Loan Association Consumer Lending Specialization -36.10 -
35038 First Dupage Bank Commercial Lending Specialization -36.02 Failed on 10/23/09
34663 The Buckhead Community Bank Commercial Lending Specialization -32.72 -
23556 Vineyard Bank, National Association Commercial Lending Specialization -32.55 Failed on 7/17/09 
23268 Community First Bank Commercial Lending Specialization -28.07 Failed on 8/7/09
1909 Mainstreet Bank Commercial Lending Specialization -25.22 Failed on 8/28/09
57667 Millennium State Bank of Texas Commercial Lending Specialization -25.09 Failed on 7/2/09 
22130 CapitalSouth Bank Commercial Lending Specialization -24.05 Failed on 8/21/09
1006 Citizens State Bank Commercial Lending Specialization -22.59 -
10440 Benchmark Bank Commercial Lending Specialization -21.90 -
20203 InBank Commercial Lending Specialization -21.18 Failed on 9/4/09
58065 Waterford Village Bank Commercial Lending Specialization -20.96 Failed on 7/24/09  
57430 Security Bank of North Fulton Commercial Lending Specialization -20.81 Failed on 7/24/09
22846 Republic Federal Bank, National Association Commercial Lending Specialization -20.01 -
32267 Century Bank, a Federal Savings Bank Commercial Lending Specialization -19.17 Failed on 11/13/09
32618 Guaranty Bank Commercial Lending Specialization -19.10 Failed on 8/21/09
58104 Century Security Bank Commercial Lending Specialization -18.57 -
34485 Union Bank, National Association Commercial Lending Specialization -18.30 Failed on 8/14/09
27197 Affinity Bank Commercial Lending Specialization -17.50 Failed on 8/28/09
34043 Community Bank of Nevada Commercial Lending Specialization -17.30 Failed on 8/14/09
15302 Rock River Bank Commercial Lending Specialization -16.73 Failed on 7/2/09 
15904 The Four County Bank Commercial Lending Specialization -16.59 -
57794 American United Bank Commercial Lending Specialization -16.13 Failed on 10/23/09
27183 Community National Bank of Sarasota County Commercial Lending Specialization -16.13 Failed on 8/7/09
27367 Security Bank of Bibb County Commercial Lending Specialization -14.25 Failed on 7/24/09
58315 RockBridge Commercial Bank Commercial Lending Specialization -14.16 -
20501 Evergreen Bank Commercial Lending Specialization -13.68 -
57399 McIntosh Commercial Bank Commercial Lending Specialization -13.44 -
27732 Vantus Bank Commercial Lending Specialization -12.72 Failed on 9/4/09
35074 Prosperan Bank Commercial Lending Specialization -11.94 Failed on 11/6/09
9262 The Elizabeth State Bank Commercial Lending Specialization -10.30 Failed on 7/2/09 
16480 First National Bank of Georgia Commercial Lending Specialization -10.02 -
57702 First Coweta Bank Commercial Lending Specialization -9.50 Failed on 8/21/09
8265 Bank of Leeton Commercial Lending Specialization -8.99 -
34824 Warren Bank Commercial Lending Specialization -8.74 Failed on 10/2/09
34341 Temecula Valley Bank Commercial Lending Specialization -8.52 Failed on 7/17/09
34976 Waterfield Bank Mortgage Lending Specialization -7.66 -
18074 Roxbury Bank Agricultural Specialization -7.57 -
32276 New South Federal Savings Bank Mortgage Lending Specialization -7.33 -
35044 Flagship National Bank Commercial Lending Specialization -7.27 Failed on 10/23/09
57959 Partners Bank Commercial Lending Specialization -7.06 Failed on 10/23/09
33989 Appalachian Community Bank Commercial Lending Specialization -6.18 -
19450 Gateway Bank of St. Louis Commercial Lending Specialization -5.96 Failed on 11/6/09
11416 Jennings State Bank Commercial Lending Specialization -5.92 Failed on 10/2/09
27364 First State Bank Commercial Lending Specialization -5.57 Failed on 8/7/09
26563 Peninsula Bank Commercial Lending Specialization -5.56 -
34875 First State Bank Commercial Lending Specialization -5.35 Failed on 9/4/09
57107 ISN Bank Commercial Lending Specialization -4.96 -
57759 All American Bank Commercial Lending Specialization -4.95 -
32583 Greater Atlantic Bank Mortgage Lending Specialization -4.92 -
12093 The John Warner Bank Commercial Lending Specialization -4.49 Failed on 7/2/09
27076 Wachovia Mortgage, FSB Mortgage Lending Specialization -4.30 -
31294 Shore Bank Commercial Lending Specialization -3.85 -
32167 Peoples First Community Bank Commercial Lending Specialization -3.63 -
32654 Colombo Bank Commercial Lending Specialization -3.03 -
28312 Bradford Bank Mortgage Lending Specialization -2.76 Failed on 8/28/09
34682 Ebank All other < $1 Billion -2.13 Failed on 8/21/09
34554 Bank 1st Commercial Lending Specialization -2.08 -
3644 The First National Bank of Danville Commercial Lending Specialization -1.77 Failed on 7/2/09 
57548 Heritage Bank Commercial Lending Specialization -1.52 -
24067 Riverside National Bank of Florida All other > $1 Billion -1.26 -
27126 Sun American Bank Commercial Lending Specialization -1.15 -
27096 The Park Avenue Bank Commercial Lending Specialization -1.09 -
57263 Southern Colorado National Bank Commercial Lending Specialization -0.99 Failed on 10/2/09
10888 Peotone Bank and Trust Company Commercial Lending Specialization -0.44 -
22977 Horizon Bank Commercial Lending Specialization -0.42 -
32288 Peoples Community Bank Commercial Lending Specialization -0.33 Failed on 7/31/09
57525 Riverview Community Bank Commercial Lending Specialization -0.12 Failed on 10/23/09
35586 New Liberty Bank Commercial Lending Specialization -0.09 -
35431 Baytree National Bank & Trust Company Commercial Lending Specialization -0.09 -
18390 Founders Bank Commercial Lending Specialization 0.00 Failed on 7/2/09 
17792 BC National Banks Commercial Lending Specialization 0.04 -
34294 AmericasBank Commercial Lending Specialization 0.19 -
35383 First National Bank of the South Commercial Lending Specialization 0.22 -
35291 Community Bank of Lemont Commercial Lending Specialization 0.67 Failed on 10/30/09
30329 Home Federal Savings Bank Mortgage Lending Specialization 0.82 Failed on 11/6/09
22853 Broadway Bank Commercial Lending Specialization 0.86 -
34705 Town Community Bank and Trust Commercial Lending Specialization 1.01 -
22811 Brickyard Bank Commercial Lending Specialization 1.17 -
15448 1st American State Bank of Minnesota Commercial Lending Specialization 1.17 -
178 Talbot State Bank Mortgage Lending Specialization 1.18 -
34292 The Bank of Commerce Commercial Lending Specialization 1.38 -
35061 Horizon Bank Commercial Lending Specialization 1.43 -
5820 State Central Bank Commercial Lending Specialization 1.64 -
15794 The First State Bank of Burlingame Commercial Lending Specialization 1.65 -
34270 First BankAmericano Commercial Lending Specialization 1.95 Failed on 7/31/09
26619 Butler Bank Commercial Lending Specialization 2.03 -
35335 Southern Bank of Commerce All other < $1 Billion 2.14 -
22868 Venture Bank Commercial Lending Specialization 2.16 Failed on 9/11/09
22469 Columbia River Bank Commercial Lending Specialization 2.91 -
15288 The State Bank of Lebo Agricultural Specialization 2.91 -
3673 The First National Bank of Gilman Agricultural Specialization 2.93 -
57132 Eastside  Commercial  Bank, National Association Commercial Lending Specialization 2.97 -
58362 Champion Bank Commercial Lending Specialization 3.15 -
34486 Community Security Bank Commercial Lending Specialization 3.42 -
4709 First National Bank & Trust Company in Larned Agricultural Specialization 3.49 -
16748 First City Bank of Florida Commercial Lending Specialization 4.20 -
22286 United Security Bank Commercial Lending Specialization 4.32 Failed on 11/6/09
16089 First Suburban National Bank Commercial Lending Specialization 4.33 -
22754 Bank of Wyoming Commercial Lending Specialization 4.40 Failed on 7/10/09 
57914 Pacific Coast National Bank Commercial Lending Specialization 4.57 Failed on 11/13/09
34775 EverBank Mortgage Lending Specialization 4.63 -
23594 San Diego National Bank Commercial Lending Specialization 4.67 Failed on 10/30/09
30005 Citizens First Savings Bank Commercial Lending Specialization 4.73 -
8486 Security Bank of Jones County Commercial Lending Specialization 4.74 Failed on 7/24/09
35078 Allegiance Bank of North America Commercial Lending Specialization 4.94 -
16133 Marshall Bank, National Association Agricultural Specialization 5.30 -
58072 USA Bank Commercial Lending Specialization 5.64 -
4731 SolutionsBank Commercial Lending Specialization 5.89 -
14370 First National Bank in Howell Commercial Lending Specialization 6.19 -
34594 First Piedmont Bank Commercial Lending Specialization 6.21 Failed on 7/17/09 
4744 The First National Bank of Olathe Commercial Lending Specialization 6.38 -
57147 Premier American Bank Commercial Lending Specialization 6.53 -
34092 Community Bank of Manatee Commercial Lending Specialization 6.82 -
35418 Nevada Commerce Bank Commercial Lending Specialization 7.11 -
5280 Winona National Bank Commercial Lending Specialization 7.67 -
26290 First Security National Bank Commercial Lending Specialization 7.81 -
34231 Ravenswood Bank Commercial Lending Specialization 7.85 -
35244 LandMark Bank of Florida Commercial Lending Specialization 8.12 -
35527 Fort Lee Federal Savings Bank, FSB Consumer Lending Specialization 8.28 -
16476 Access Bank Commercial Lending Specialization 8.65 -
33542 Western Community Bank Commercial Lending Specialization 9.03 -
57928 Hometown Community Bank Commercial Lending Specialization 9.04 -
17522 St. Stephen State Bank Commercial Lending Specialization 9.80 -
57111 COMMUNITY BANK OF THE CUMBERLANDS Commercial Lending Specialization 10.26 -
19252 The First State Bank Commercial Lending Specialization 10.94 -
32456 Ideal Federal Savings Bank Commercial Lending Specialization 11.28 -
16730 American Marine Bank Commercial Lending Specialization 11.41 -
35241 South Carolina Community Bank Commercial Lending Specialization 11.52 -
15547 Bank of Lake Village Agricultural Specialization 11.53 -
58257 Darien Rowayton Bank Mortgage Lending Specialization 11.72 -
26348 Imperial Capital Bank Commercial Lending Specialization 12.02 -
16584 The Carver State Bank Commercial Lending Specialization 12.15 -
18321 Bank of Elmwood Commercial Lending Specialization 12.34 Failed on 10/23/09
30600 Lincoln Park Savings Bank Commercial Lending Specialization 12.39 -
14580 Darby Bank & Trust Co. Commercial Lending Specialization 12.42 -
57697 Towne Bank of Arizona Commercial Lending Specialization 12.46 -
18169 Pacific Capital Bank, National Association Commercial Lending Specialization 12.64 -
34785 Sun West Bank Commercial Lending Specialization 12.83 -
57820 Legacy Bank Commercial Lending Specialization 12.89 -
9719 Oxford Bank Commercial Lending Specialization 12.93 -
9609 Colonial Bank Commercial Lending Specialization 13.16 Failed on 8/14/09
21837 Mellon United National Bank Commercial Lending Specialization 13.21 -
26941 Peoples Bank of Deer Lodge Agricultural Specialization 13.36 -
57432 American Trust Bank Commercial Lending Specialization 13.66 -
8221 State Bank of Aurora Commercial Lending Specialization 13.92 -
14246 The Bank of Bonifay Commercial Lending Specialization 13.98 -
17599 Palos Bank and Trust Company Commercial Lending Specialization 14.50 -
58016 Commerce Bank of Southwest Florida Commercial Lending Specialization 14.55 Failed on 11/20/09
28864 Olde Cypress Community Bank Commercial Lending Specialization 14.56 -
13832 Bank of Lenox All other < $1 Billion 14.57 -
7516 The Harleysville National Bank and Trust Company Commercial Lending Specialization 14.60 -
28136 Mainstreet Savings Bank, FSB Mortgage Lending Specialization 14.80 -
35478 Sunshine State Community Bank Commercial Lending Specialization 14.94 -
28454 Anchor Mutual Savings Bank Commercial Lending Specialization 14.96 -
35249 Gwinnett Community Bank Commercial Lending Specialization 15.17 -
8185 State Bank of Cokato Commercial Lending Specialization 15.18 -
57564 Gulf Coast Community Bank Commercial Lending Specialization 15.18 -
15640 ShoreBank Commercial Lending Specialization 15.62 -
29776 AmTrust Bank Mortgage Lending Specialization 15.63 -
10100 Irwin Union Bank and Trust Company Commercial Lending Specialization 15.65 Failed on 9/18/09
31286 First Mariner Bank Commercial Lending Specialization 15.76 -
33535 Advanta Bank Corp. All other > $1 Billion 15.82 -
23156 Security Bank, National Association Commercial Lending Specialization 15.83 -
58283 Virginia Business Bank Commercial Lending Specialization 16.01 -
57110 Nevada Security Bank Commercial Lending Specialization 16.16 -
57151 Georgian Bank Commercial Lending Specialization 16.16 Failed on 9/25/09
58135 Liberty Bank Commercial Lending Specialization 16.29 -
26680 Heritage Bank of North Florida Commercial Lending Specialization 16.33 -
34665 United Community Bank, National Association Commercial Lending Specialization 16.38 -
27808 Bramble Savings Bank Commercial Lending Specialization 16.46 -
19498 Montgomery Bank & Trust Commercial Lending Specialization 16.51 -
58429 Wheatland Bank Commercial Lending Specialization 16.55 -
34187 Valley Community Bank Commercial Lending Specialization 16.69 -
27048 Security Bank of Houston County Commercial Lending Specialization 16.86 Failed on 7/24/09
27150 Eurobank Commercial Lending Specialization 16.88 -
5672 Florida Community Bank Commercial Lending Specialization 16.91 -
58399 Valley Capital Bank, National  Association Commercial Lending Specialization 16.91 -
28961 First Federal Savings and Loan Association of Hammond Mortgage Lending Specialization 17.08 -
34678 Unity National Bank Commercial Lending Specialization 17.14 -
17953 Sandhills Bank Commercial Lending Specialization 17.19 -
32165 Los Padres Bank Commercial Lending Specialization 17.26 -
33435 Saehan Bank Commercial Lending Specialization 17.28 -
31263 K Bank Commercial Lending Specialization 17.30 -
58039 First Resource Bank Commercial Lending Specialization 17.31 -
34878 Lakeside Community Bank Commercial Lending Specialization 17.70 -
35279 High Desert State Bank Commercial Lending Specialization 17.85 -
24677 Triad Bank, National Association Commercial Lending Specialization 18.07 -
58273 Patriot Bank of Georgia Commercial Lending Specialization 18.27 -
34684 Key West Bank Mortgage Lending Specialization 18.38 -
57060 Desert Hills Bank Commercial Lending Specialization 18.45 -
25266 Community National Bank of Bartow Commercial Lending Specialization 18.47 -
58205 Westbridge Bank and Trust Commercial Lending Specialization 18.54 -
11406 The State Bank Commercial Lending Specialization 18.56 -
9797 The Bank of Macks Creek All other < $1 Billion 18.61 -
57724 AmericanFirst Bank Commercial Lending Specialization 18.67 -
1744 First Bank Commercial Lending Specialization 18.77 -
12080 The Tattnall Bank Commercial Lending Specialization 18.78 -
58071 LibertyPointe Bank Commercial Lending Specialization 18.79 -
14194 Polk County Bank Commercial Lending Specialization 18.96 -
32148 Community Banks of Northern California Commercial Lending Specialization 18.97 -
5687 Central Bank of Georgia Commercial Lending Specialization 19.04 -
10054 Bank of Hiawassee Commercial Lending Specialization 19.12 -
33966 Wachovia Bank, FSB All other > $1 Billion 19.27 -
35561 Earthstar Bank Mortgage Lending Specialization 19.50 -
5702 Community Bank & Trust Commercial Lending Specialization 19.58 -
57078 Community Bank Plymouth Commercial Lending Specialization 19.91 -
34957 Clarkston State Bank Commercial Lending Specialization 19.93 -


Disclaimer: This list does not guarantee that banks will fail in any order.  It is best used as overall indicator on each bank's financial status.

*Bankability Composite Score is a proprietary scoring mechanism developed by Money Economics.  It focuses on the Key Performance Indicators (KPI's) and combining that using a multi-dimension approach.  Please see the
Official Bankability Composite Score Thread for more information.

 


 

 

Last Updated on Friday, 05 August 2011 20:51