2010 Q1 Watch List on FDIC Insured Banks at Very High Risk of Failing (Final Update: 6/9/10)

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 December 31, 2009.& There are currently 282 banks on this list. Banks that failed after 2009 Q4 will get noted if they are on this list.

Update (3/3/10): Another list of 727 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 (6/9/10): This list will serve as the archived version and will no longer be updated.  Please consult the 
2010 Q2 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
4063 MidFirst Bank Commercial Lending Specialization -99.43 -
59021 Independent Bankers' Bank Bridge Bank, National Association Other Specialized < $1 Billion -86.66 Originally called Independent Bankers' Bank
34658 Citizens Bank and Trust Company of Chicago Commercial Lending Specialization -70.41 Failed on 4/23/10
17522 St. Stephen State Bank Commercial Lending Specialization -64.25 Failed on 1/15/10
57724 AmericanFirst Bank Commercial Lending Specialization -63.02 Failed on 4/16/10
58429 Wheatland Bank Commercial Lending Specialization -62.59 Failed on 4/23/10
34976 Waterfield Bank Mortgage Lending Specialization -55.95 Failed on 3/5/10
31623 Imperial Savings and Loan Association Consumer Lending Specialization -48.07 -
57586 Marco Community Bank Commercial Lending Specialization -46.23 Failed on 2/19/10
32498 Charter Bank Commercial Lending Specialization -42.47 Failed on 1/22/10
33542 Western Community Bank Commercial Lending Specialization -42.11 -
58362 Champion Bank Commercial Lending Specialization -42.09 Failed on 4/30/10
32423 La Jolla Bank, FSB Commercial Lending Specialization -35.41 Failed on 2/19/10
58182 Old Southern Bank Commercial Lending Specialization -34.67 Failed on 3/12/10
58135 Liberty Bank Commercial Lending Specialization -33.70 -
59022 Deposit Insurance National Bank of New Baltimore Commercial Lending Specialization -33.37 Created to facilitate the resolution of Citizens State Bank
29952 George Washington Savings Bank Commercial Lending Specialization -32.17 Failed on 2/19/10
57399 McIntosh Commercial Bank Commercial Lending Specialization -32.13 Failed on 3/26/10
27096 The Park Avenue Bank Commercial Lending Specialization -31.80 Failed on 3/12/10
57669 Bayside Savings Bank Commercial Lending Specialization -29.73 -
57147 Premier American Bank Commercial Lending Specialization -29.73 Failed on 1/22/10
18806 American National Bank Commercial Lending Specialization -29.45 Failed on 3/19/10
5820 State Central Bank Commercial Lending Specialization -28.64 -
8265 Bank of Leeton Commercial Lending Specialization -27.78 Failed on 1/22/10
35434 SouthwestUSA Bank Commercial Lending Specialization -27.59 -
8221 State Bank of Aurora Commercial Lending Specialization -26.56 Failed on 3/19/10
18074 Roxbury Bank Agricultural Specialization -24.74 -
10054 Bank of Hiawassee Commercial Lending Specialization -23.86 Failed on 3/19/10
38129 Rainier Pacific Bank Commercial Lending Specialization -23.54 Failed on 2/26/10
34684 Key West Bank Mortgage Lending Specialization -22.30 Failed on 3/26/10
58197 Bank of Ellijay Commercial Lending Specialization -21.92 -
58352 Carson River Community Bank Commercial Lending Specialization -20.83 Failed on 2/26/10
57441 Ventura County Business Bank Commercial Lending Specialization -20.46 -
35586 New Liberty Bank Commercial Lending Specialization -20.26 Failed on 5/14/10
16480 First National Bank of Georgia Commercial Lending Specialization -19.56 Failed on 1/29/10
34231 Ravenswood Bank Commercial Lending Specialization -17.93 -
30005 CF Bancorp Commercial Lending Specialization -17.74 Failed on 4/30/10
4744 The First National Bank of Olathe Commercial Lending Specialization -17.70 -
58104 Century Security Bank Commercial Lending Specialization -17.62 Failed on 3/19/10
34430 Centennial Bank Commercial Lending Specialization -16.82 Failed on 3/5/10
27013 Conestoga Bank Commercial Lending Specialization -16.64 -
28886 First Federal Bank of North Florida Commercial Lending Specialization -16.43 Failed on 4/16/10
20727 Town North Bank, N. A. Commercial Lending Specialization -15.59 -
34152 First National Bank Commercial Lending Specialization -14.37  
5672 Florida Community Bank Commercial Lending Specialization -14.15 Failed on 1/29/10
57107 ISN Bank Commercial Lending Specialization -13.36 -
34821 New Century Bank Commercial Lending Specialization -13.11 Failed on 4/23/10
17792 BC National Banks Commercial Lending Specialization -13.00 Failed on 4/30/10
16133 Marshall Bank, National Association Agricultural Specialization -12.09 Failed on 1/29/10
58094 Greystone Bank Commercial Lending Specialization -12.06 -
35527 Fort Lee Federal Savings Bank, FSB Consumer Lending Specialization -11.53 -
31555 Independence Federal Savings Bank Mortgage Lending Specialization -11.25 -
30600 Lincoln Park Savings Bank Commercial Lending Specialization -11.24 Failed on 4/23/10
58211 Sunrise Bank of Atlanta Commercial Lending Specialization -10.76 -
34775 EverBank Mortgage Lending Specialization -9.84 -
35299 Security Exchange Bank Commercial Lending Specialization -9.31 -
33535 Advanta Bank Corp. Commercial Lending Specialization -8.43 Failed on 3/19/10
19794 Nexity Bank Commercial Lending Specialization -7.66 -
19024 Commercial National Bank of Texarkana Commercial Lending Specialization -7.65 -
33493 Tamalpais Bank Commercial Lending Specialization -7.62 Failed on 4/16/10
58071 LibertyPointe Bank Commercial Lending Specialization -7.51 Failed on 3/11/10
9619 Coastal Community Bank Commercial Lending Specialization -7.31 -
22853 Broadway Bank Commercial Lending Specialization -7.20 Failed on 4/23/10
16476 Access Bank Commercial Lending Specialization -7.18 Failed on 5/7/10
5702 Community Bank & Trust Commercial Lending Specialization -6.78 Failed on 1/29/10
58205 Westbridge Bank and Trust Commercial Lending Specialization -6.66 -
20340 Gulf State Community Bank Commercial Lending Specialization -6.55 -
33989 Appalachian Community Bank Commercial Lending Specialization -6.45 Failed on 3/19/10
19252 The First State Bank Commercial Lending Specialization -6.08 -
1250 Gunnison Valley Bank Agricultural Specialization -5.54 -
57759 All American Bank Commercial Lending Specialization -5.48 -
57860 Community Bank of Rockmart Commercial Lending Specialization -4.92 -
9268 Bank of Illinois Commercial Lending Specialization -4.78 Failed on 3/5/10
32148 Community Banks of Northern California Commercial Lending Specialization -4.41 -
22977 Horizon Bank Commercial Lending Specialization -4.22 Failed on 1/8/10
10888 Peotone Bank and Trust Company Commercial Lending Specialization -4.10 Failed on 4/23/10
28864 Olde Cypress Community Bank Commercial Lending Specialization -3.73 -
17837 Williamsburg First National Bank Commercial Lending Specialization -3.50 -
35114 Satilla Community Bank Commercial Lending Specialization -3.35 Failed on 5/14/10
34878 Lakeside Community Bank Commercial Lending Specialization -3.29 Failed on 4/16/10
16089 First Suburban National Bank Commercial Lending Specialization -3.23 -
34785 Sun West Bank Commercial Lending Specialization -3.12 Failed on 5/28/10
57868 CommunitySouth Bank and Trust Commercial Lending Specialization -2.81 -
21521 City Bank Commercial Lending Specialization -2.59 Failed on 4/16/10
24957 First Lowndes Bank Commercial Lending Specialization -2.52 Failed on 3/19/10
33435 Saehan Bank Commercial Lending Specialization -2.47 -
32536 Sterling Bank Commercial Lending Specialization -2.45 -
26680 Heritage Bank of North Florida Commercial Lending Specialization -2.45 -
34242 Beach First National Bank Commercial Lending Specialization -1.85 Failed on 4/9/10
24794 Texas Coastal Bank Commercial Lending Specialization -1.82 -
17089 The Farmers Bank Commercial Lending Specialization -1.76 -
35357 Red Rock Community Bank Commercial Lending Specialization -1.68 -
34255 Southwest Community Bank Commercial Lending Specialization -1.33 Failed on 5/14/10
32975 PremierWest Bank Commercial Lending Specialization -1.30 -
35385 Ohio Legacy Bank, National Association Commercial Lending Specialization -1.29 -
182 The Peoples Bank Commercial Lending Specialization -1.18 -
26970 Southern Commerce Bank, National Association Commercial Lending Specialization -0.46 -
27808 Bramble Savings Bank Commercial Lending Specialization -0.30 -
2689 The Farmers National Bank of Cynthiana Commercial Lending Specialization -0.11 -
33926 Charlevoix State Bank Commercial Lending Specialization 0.00 -
33927 Bank Iowa Commercial Lending Specialization 0.00 -
33928 Patriot National Bank Commercial Lending Specialization 0.00 -
33933 Dryades Savings Bank, F.S.B. Commercial Lending Specialization 0.00 -
33935 North Shore Community Bank & Trust Company Commercial Lending Specialization 0.00 -
33938 Capitol City Bank & Trust Company Commercial Lending Specialization 0.00 -
33953 Community Bank-Wheaton/Glen Ellyn Commercial Lending Specialization 0.00 -
33931 Wachovia Bank of Delaware, National Association Consumer Lending Specialization 0.00 -
33947 TD Bank USA, National Association All other > $1 Billion 0.00 -
27344 Independent National Bank Commercial Lending Specialization 0.20 -
27150 Eurobank Commercial Lending Specialization 0.34 Failed on 4/30/10
28136 Mainstreet Savings Bank, FSB Mortgage Lending Specialization 0.42 -
33846 Citizens Bank of Northern Kentucky, Inc. Commercial Lending Specialization 0.86 -
27126 Sun American Bank Commercial Lending Specialization 1.10 Failed on 3/5/10
57994 Northside Bank Commercial Lending Specialization 1.12 -
178 Talbot State Bank Mortgage Lending Specialization 1.13 -
27405 Putnam State Bank Commercial Lending Specialization 1.45 -
27259 Sonoma Valley Bank Commercial Lending Specialization 1.82 -
22811 Brickyard Bank Commercial Lending Specialization 1.83 -
24067 Riverside National Bank of Florida All other > $1 Billion 1.93 Failed on 4/16/10
15640 ShoreBank Commercial Lending Specialization 1.97 -
35431 Baytree National Bank & Trust Company Commercial Lending Specialization 2.10 -
58477 Bank of Tacoma Commercial Lending Specialization 2.24 -
34705 Town Community Bank and Trust Commercial Lending Specialization 2.32 Failed on 1/15/10
20501 Evergreen Bank Commercial Lending Specialization 2.37 Failed on 1/22/10
16730 American Marine Bank Commercial Lending Specialization 2.86 Failed on 1/29/10
58257 Darien Rowayton Bank Mortgage Lending Specialization 2.90 -
151 Habersham Bank Commercial Lending Specialization 2.98 -
57799 First Sound Bank Commercial Lending Specialization 3.20 -
57315 Granite Community Bank, N.A. Commercial Lending Specialization 3.28 Failed on 5/28/10
57735 Pinehurst Bank Commercial Lending Specialization 3.80 Failed on 5/21/10
26563 Peninsula Bank Commercial Lending Specialization 3.82 -
27559 Crescent Bank and Trust Company Commercial Lending Specialization 4.10 -
9064 PlantersFIRST Commercial Lending Specialization 4.19 -
19498 Montgomery Bank & Trust Commercial Lending Specialization 4.69 -
24677 Triad Bank, National Association Commercial Lending Specialization 4.81 -
34093 MBank Commercial Lending Specialization 4.92 -
19797 The Park Avenue Bank Commercial Lending Specialization 5.04 -
28612 Maritime Savings Bank Commercial Lending Specialization 5.06 -
10216 The RiverBank Commercial Lending Specialization 5.16 -
57984 Bank of Auburn Hills Commercial Lending Specialization 5.19 -
15448 1st American State Bank of Minnesota Commercial Lending Specialization 5.19 Failed on 2/5/10
57928 Hometown Community Bank Commercial Lending Specialization 5.20 -
30132 First Federal Savings and Loan Association of Pekin Mortgage Lending Specialization 5.39 -
58626 Bank of George Commercial Lending Specialization 5.64 -
17599 Palos Bank and Trust Company Commercial Lending Specialization 5.96 -
32955 Washington First International Bank Commercial Lending Specialization 6.02 -
35478 Sunshine State Community Bank Commercial Lending Specialization 6.05 -
32571 Woodlands Bank Commercial Lending Specialization 6.38 -
22710 Frontier Bank Commercial Lending Specialization 6.70 Failed on 4/30/10
14246 The Bank of Bonifay Commercial Lending Specialization 6.82 Failed on 5/7/10
14939 Peoples State Bank Commercial Lending Specialization 6.84 -
14580 Darby Bank & Trust Co. Commercial Lending Specialization 7.05 -
34678 Unity National Bank Commercial Lending Specialization 7.06 Failed on 3/26/10
34707 SUNRISE BANK OF ARIZONA Commercial Lending Specialization 7.15 -
32654 Colombo Bank Commercial Lending Specialization 7.37 -
34665 United Community Bank, National Association Commercial Lending Specialization 7.45 -
35462 Bay National Bank Commercial Lending Specialization 7.51 -
35463 Copper Star Bank Commercial Lending Specialization 7.59 -
58189 Providence Bank Commercial Lending Specialization 7.78 -
57697 Towne Bank of Arizona Commercial Lending Specialization 7.80 Failed on 5/7/10
1252 Barnes Banking Company Commercial Lending Specialization 7.83 Failed on 1/15/10
35383 First National Bank of the South Commercial Lending Specialization 8.34 -
10168 White Rock Bank Agricultural Specialization 8.64 -
57432 American Trust Bank Commercial Lending Specialization 8.78 -
35242 North Georgia Bank Commercial Lending Specialization 8.90 -
32280 Turnberry Bank Commercial Lending Specialization 9.19 -
58098 Bank of Santa Barbara Commercial Lending Specialization 9.25 -
25795 Peoples Bank & Trust Commercial Lending Specialization 9.35 -
35279 High Desert State Bank Commercial Lending Specialization 9.38 -
34296 Syringa Bank Commercial Lending Specialization 9.54 -
58005 Georgia Heritage Bank Commercial Lending Specialization 9.56 -
32158 Sterling Savings Bank Commercial Lending Specialization 9.57 -
3735 Amcore Bank, National Association Commercial Lending Specialization 9.83 Failed on 4/23/10
57440 Oglethorpe Bank Commercial Lending Specialization 9.91 -
32456 Ideal Federal Savings Bank Commercial Lending Specialization 9.95 -
19554 High Trust Bank Commercial Lending Specialization 10.12 -
23876 Innovative Bank Commercial Lending Specialization 10.20 Failed on 4/16/10
25172 Metro Bank of Dade County Commercial Lending Specialization 10.35 -
26619 Butler Bank Commercial Lending Specialization 10.49 Failed on 4/16/10
35250 Shoreline Bank Commercial Lending Specialization 10.57 -
23632 Palm Desert National Bank Commercial Lending Specialization 10.77 -
22173 Hillcrest Bank Commercial Lending Specialization 10.97 -
35065 United Americas Bank, National Association Commercial Lending Specialization 10.98 -
58072 USA Bank Commercial Lending Specialization 10.99 -
57658 Northwest Bank & Trust Commercial Lending Specialization 11.04 -
58405 Goldwater Bank, N.A. Mortgage Lending Specialization 11.10 -
18117 Midwest Bank and Trust Company Commercial Lending Specialization 11.17 Failed on 5/14/10
22469 Columbia River Bank Commercial Lending Specialization 11.38 Failed on 1/22/10
29341 TierOne Bank Commercial Lending Specialization 11.53 Failed on 6/4/10
57814 Bank of Florida - Tampa Bay Commercial Lending Specialization 11.69 Failed on 5/28/10
58083 Texas Country Bank Commercial Lending Specialization 11.75 -
35106 Bank of Florida - Southwest Commercial Lending Specialization 12.04 Failed on 5/28/10
57164 Riverside Bank of Central Florida All other < $1 Billion 12.31 -
16748 First City Bank of Florida Commercial Lending Specialization 12.33 -
58337 Bank of Everett Commercial Lending Specialization 12.42 -
57169 American Patriot Bank Commercial Lending Specialization 12.49 -
5716 Farmers & Merchants Bank Commercial Lending Specialization 12.57 -
57360 Bank of Florida - Southeast Commercial Lending Specialization 12.83 Failed on 5/28/10
33983 Citizens Bank of Northern California Commercial Lending Specialization 12.86 -
34652 Home Federal Bank of Hollywood Commercial Lending Specialization 12.90 -
35421 Black Mountain Community Bank Commercial Lending Specialization 13.09 -
4516 First Bank Commercial Lending Specialization 13.11 -
33997 Westside Community Bank Commercial Lending Specialization 13.18 -
57772 Edgebrook Bank Commercial Lending Specialization 13.45 -
57885 First Vietnamese American Bank Commercial Lending Specialization 13.47 -
34673 Paramount Bank Commercial Lending Specialization 13.48 -
57110 Nevada Security Bank Commercial Lending Specialization 13.54 -
26759 Bank of the Eastern Shore Commercial Lending Specialization 13.58 -
57593 Mountain Heritage Bank Commercial Lending Specialization 13.58 -
57537 Old Harbor Bank Commercial Lending Specialization 13.83 -
35061 Horizon Bank Commercial Lending Specialization 13.88 -
35053 North County Bank Commercial Lending Specialization 13.96 -
34515 Waccamaw Bank Commercial Lending Specialization 14.00 -
26941 Peoples Bank of Deer Lodge Agricultural Specialization 14.05 -
19758 Enterprise Banking Company Commercial Lending Specialization 14.14 -
32360 Eastern Savings Bank, FSB Mortgage Lending Specialization 14.41 -
58308 Haven Trust Bank Florida Commercial Lending Specialization 14.46 -
3400 Texas Republic Bank, National Association Agricultural Specialization 14.58 -
27328 The Ohio State Bank Commercial Lending Specialization 14.61 -
24642 Independent Banker's Bank of Florida Commercial Lending Specialization 14.76 -
30846 Heritage Bank Commercial Lending Specialization 14.79 -
32711 First Cherokee State Bank Commercial Lending Specialization 14.88 -
32503 Plantation Federal Bank Commercial Lending Specialization 14.88 -
34196 Jefferson Bank Commercial Lending Specialization 15.62 -
27986 Second Federal Savings and Loan Association of Chicago Mortgage Lending Specialization 15.65 -
35036 Community Bank of the South Commercial Lending Specialization 15.75 -
5365 Eagle Valley Bank, National Association Commercial Lending Specialization 15.87 -
27090 Pacific State Bank Commercial Lending Specialization 15.95 -
32489 HomeStreet Bank Commercial Lending Specialization 16.23 -
34957 Clarkston State Bank Commercial Lending Specialization 16.27 -
9734 First State Bank of Murdock Agricultural Specialization 16.27 -
33904 The Gordon Bank Commercial Lending Specialization 16.32 -
21649 Douglas County Bank Commercial Lending Specialization 16.38 -
35312 First CornerStone Bank Commercial Lending Specialization 16.59 -
32968 Community Bank and Trust - Alabama Commercial Lending Specialization 16.59 -
34943 First Community Bank of Southwest Florida Commercial Lending Specialization 16.64 -
31469 Oriental Bank and Trust Mortgage Lending Specialization 16.84 -
32185 R-G Premier Bank of Puerto Rico Commercial Lending Specialization 16.87 Failed on 4/30/10
3564 1st National Bank of South Florida Commercial Lending Specialization 16.92 -
31495 Inter Savings Bank, fsb D/B/A Interbank, fsb Mortgage Lending Specialization 17.06 -
20292 American State Bank Mortgage Lending Specialization 17.09 -
58095 Idaho First Bank Commercial Lending Specialization 17.11 -
9797 The Bank of Macks Creek All other < $1 Billion 17.16 -
14420 First National Bank Agricultural Specialization 17.26 -
34783 San Luis Trust Bank, FSB Commercial Lending Specialization 17.26 -
58495 Appalachian Community Bank, F.S.B. Commercial Lending Specialization 17.26 -
35561 Earthstar Bank Mortgage Lending Specialization 17.26 -
23376 First Jackson Bank, Inc. Commercial Lending Specialization 17.29 -
34987 Allegiance Community Bank Commercial Lending Specialization 17.50 -
27026 Native American Bank, National Association Commercial Lending Specialization 17.59 -
58611 SunBank, National Association Commercial Lending Specialization 17.60 -
34965 First Commercial Bank of Florida Commercial Lending Specialization 17.61 -
34284 Oceanside Bank Commercial Lending Specialization 17.66 -
11297 The Woodbury Banking Company All other < $1 Billion 17.66 -
15014 Pilsen State Bank, Lincolnville, Kansas Agricultural Specialization 17.73 -
57448 First Commerce Community Bank Commercial Lending Specialization 17.85 -
10672 The Exchange Bank Commercial Lending Specialization 18.26 -
5950 Bank of Granite Commercial Lending Specialization 18.45 -
20843 American Bank of St. Paul Commercial Lending Specialization 18.50 -
31263 K Bank Commercial Lending Specialization 18.54 -
28462 Family Federal Savings of Illinois Commercial Lending Specialization 18.65 -
34953 Northpointe Bank Commercial Lending Specialization 18.80 -
22407 Bank of the Cascades Commercial Lending Specialization 18.86 -
21777 Wakulla Bank Commercial Lending Specialization 18.87 -
34187 Valley Community Bank Commercial Lending Specialization 18.96 -
18605 Pineland State Bank Commercial Lending Specialization 19.16 -
32347 Blue Ridge Savings Bank, Inc. Commercial Lending Specialization 19.18 -
35224 Alabama Trust Bank, National Association Commercial Lending Specialization 19.21 -
57157 1st Regents Bank Commercial Lending Specialization 19.25 -
30152 Milford Building and Loan Association Mortgage Lending Specialization 19.29 -
34486 Community Security Bank Commercial Lending Specialization 19.33 -
173 The Peoples Bank Commercial Lending Specialization 19.40 -
22536 FirstSecure Bank and Trust Co. Commercial Lending Specialization 19.42 -
21225 Central Virginia Bank Commercial Lending Specialization 19.46 -
57060 Desert Hills Bank Commercial Lending Specialization 19.59 Failed on 3/26/10
30898 Security Savings Bank, F.S.B. Commercial Lending Specialization 19.59 -
35345 Davison State Bank Commercial Lending Specialization 19.61 -
34601 Citizens Bank of Effingham Commercial Lending Specialization 19.80 -
13272 Badger State Bank Agricultural Specialization 19.81 -
35418 Nevada Commerce Bank Commercial Lending Specialization 19.82 -
10925 Midwest Community Bank Agricultural Specialization 19.94 -
29979 AnchorBank, fsb Commercial Lending Specialization 19.95 -


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