2010 Q2 Watch List on FDIC Insured Banks at Very High Risk of Failing (Final Update: 9/6/10)

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 March 31, 2010. There are currently 219 banks on this list. Banks that failed after 2010 Q1 will get noted if they are on this list.

Update (6/9/10): Another list of 660 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 (9/6/10): This list will serve as the archived version and will no longer be updated.  Please consult the 2010 Q3 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
18664 Advanta Bank Other Specialized < $1 Billion -25,756.86 -
15814 First National Bank Agricultural Specialization -145.2 Failed on 6/4/10
4063 MidFirst Bank Commercial Lending Specialization -94.83 -
31813 Arcola Homestead Savings Bank Commercial Lending Specialization -79.99 Failed on 6/4/10
34231 Ravenswood Bank Commercial Lending Specialization -71.46 Failed on 8/6/10
30005 CF Bancorp Commercial Lending Specialization -63.53 Failed on 4/30/10
57169 American Patriot Bank Commercial Lending Specialization -59.04 -
34255 Southwest Community Bank Commercial Lending Specialization -57.69 Failed on 5/14/10
58701 Pisgah Community Bank Commercial Lending Specialization -57.18 -
5820 State Central Bank Commercial Lending Specialization -55.01 -
34658 Citizens Bank and Trust Company of Chicago Commercial Lending Specialization -45.28 Failed on 4/23/10
58362 Champion Bank Commercial Lending Specialization -42.95 Failed on 4/30/10
31623 Imperial Savings and Loan Association Consumer Lending Specialization -42.34 Failed on 8/20/10
35434 SouthwestUSA Bank Commercial Lending Specialization -41.78 Failed on 7/23/10
35106 Bank of Florida - Southwest Commercial Lending Specialization -33.42 Failed on 5/28/10
58495 Appalachian Community Bank, F.S.B. Commercial Lending Specialization -32.94 -
34242 Beach First National Bank Commercial Lending Specialization -30.91 Failed on 4/9/10
34821 New Century Bank Commercial Lending Specialization -29.68 Failed on 4/23/10
16476 Access Bank Commercial Lending Specialization -29.31 Failed on 5/7/10
58211 Sunrise Bank of Atlanta Commercial Lending Specialization -24.48 -
57697 Towne Bank of Arizona Commercial Lending Specialization -24.29 Failed on 5/7/10
57107 ISN Bank Commercial Lending Specialization -23.02 -
35586 New Liberty Bank Commercial Lending Specialization -21.96 Failed on 5/14/10
32536 Sterling Bank Commercial Lending Specialization -21.5 Failed on 7/23/10
58358 1st Commerce Bank Commercial Lending Specialization -18.82 -
34878 Lakeside Community Bank Commercial Lending Specialization -18.66 Failed on 4/16/10
58429 Wheatland Bank Commercial Lending Specialization -18.02 Failed on 4/23/10
58197 Bank of Ellijay Commercial Lending Specialization -17.67 -
26619 Butler Bank Commercial Lending Specialization -17.21 Failed on 4/16/10
57735 Pinehurst Bank Commercial Lending Specialization -16.7 Failed on 5/21/10
10888 Peotone Bank and Trust Company Commercial Lending Specialization -15.64 Failed on 4/23/10
35114 Satilla Community Bank Commercial Lending Specialization -13.21 Failed on 5/14/10
21521 City Bank Commercial Lending Specialization -12.22 Failed on 4/16/10
17837 Williamsburg First National Bank Commercial Lending Specialization -10.66 Failed on 7/23/10
57814 Bank of Florida - Tampa Bay Commercial Lending Specialization -10.6 Failed on 5/28/10
57724 AmericanFirst Bank Commercial Lending Specialization -9.17 Failed on 4/16/10
34152 First National Bank Commercial Lending Specialization -8.83 Failed on 6/25/10
34785 Sun West Bank Commercial Lending Specialization -8.76 Failed on 5/28/10
28136 Mainstreet Savings Bank, FSB Mortgage Lending Specialization -8.28 Failed on 7/16/10
57276 Bank of Las Vegas Commercial Lending Specialization -7.94 -
25172 Metro Bank of Dade County Commercial Lending Specialization -7.72 Failed on 7/16/10
22710 Frontier Bank Commercial Lending Specialization -6.81 Failed on 4/30/10
14246 The Bank of Bonifay Commercial Lending Specialization -6.71 Failed on 5/7/10
57669 Bayside Savings Bank Commercial Lending Specialization -6.42 Failed on 7/30/10
58205 Westbridge Bank and Trust Commercial Lending Specialization -6.38 -
57360 Bank of Florida - Southeast Commercial Lending Specialization -6.11 Failed on 5/28/10
17792 BC National Banks Commercial Lending Specialization -6.03 Failed on 4/30/10
32347 Blue Ridge Savings Bank, Inc. Commercial Lending Specialization -5.98 -
19554 High Trust Bank Commercial Lending Specialization -5.97 -
10086 Western Springs National Bank and Trust Commercial Lending Specialization -4.91 -
57885 First Vietnamese American Bank Commercial Lending Specialization -4.28 -
32185 R-G Premier Bank of Puerto Rico Commercial Lending Specialization -4.06 Failed on 4/30/10
27808 Bramble Savings Bank Commercial Lending Specialization -3.65 -
24677 Triad Bank, National Association Commercial Lending Specialization -3.61 -
15640 ShoreBank Commercial Lending Specialization -3.45 Failed on 8/20/10
34707 SUNRISE BANK OF ARIZONA Commercial Lending Specialization -3.42 -
58072 USA Bank Commercial Lending Specialization -3.23 Failed on 7/9/10
28886 First Federal Bank of North Florida All other < $1 Billion -3.14 Failed on 4/16/10
57440 Oglethorpe Bank Commercial Lending Specialization -2.84 -
18117 Midwest Bank and Trust Company Commercial Lending Specialization -2.7 Failed on 5/14/10
22853 Broadway Bank Commercial Lending Specialization -2.7 Failed on 4/23/10
18074 Roxbury Bank Agricultural Specialization -2.24 -
10925 Midwest Community Bank Agricultural Specialization -1.98 -
30600 Lincoln Park Savings Bank Commercial Lending Specialization -1.11 Failed on 4/23/10
35561 Earthstar Bank Mortgage Lending Specialization -0.92 -
27559 Crescent Bank and Trust Company Commercial Lending Specialization -0.62 Failed on 7/23/10
32571 Woodlands Bank Commercial Lending Specialization -0.57 Failed on 7/16/10
35061 Horizon Bank Commercial Lending Specialization 0.1 -
26563 Peninsula Bank Commercial Lending Specialization 0.18 Failed on 6/25/10
32955 Washington First International Bank Commercial Lending Specialization 0.4 Failed on 6/11/10
24067 Riverside National Bank of Florida All other > $1 Billion 0.48 Failed on 4/16/10
34016 Premier Bank Commercial Lending Specialization 0.51 -
19237 McIntosh State Bank Commercial Lending Specialization 0.69 -
27405 Putnam State Bank Commercial Lending Specialization 0.77 -
34969 First Central Savings Bank Commercial Lending Specialization 0.8 -
33134 Michigan Commerce Bank Commercial Lending Specialization 1.4 -
35527 Fort Lee Federal Savings Bank, FSB Consumer Lending Specialization 1.83 -
22173 Hillcrest Bank Commercial Lending Specialization 1.87 -
16089 First Suburban National Bank Commercial Lending Specialization 1.99 -
32456 Ideal Federal Savings Bank Commercial Lending Specialization 2.01 Failed on 7/9/10
57831 Tifton Banking Company Commercial Lending Specialization 2.07 -
57432 American Trust Bank Commercial Lending Specialization 2.58 -
34486 Community Security Bank Commercial Lending Specialization 2.78 Failed on 7/23/10
35463 Copper Star Bank Commercial Lending Specialization 2.99 -
35299 Security Exchange Bank Commercial Lending Specialization 3.1 -
25266 Community National Bank of Bartow All other < $1 Billion 3.11 Failed on 8/20/10
34196 Jefferson Bank Commercial Lending Specialization 3.42 -
35430 OptimumBank Commercial Lending Specialization 3.66 -
35478 Sunshine State Community Bank Commercial Lending Specialization 3.86 -
20340 Gulf State Community Bank Commercial Lending Specialization 4.3 -
57928 Hometown Community Bank Commercial Lending Specialization 4.49 -
27259 Sonoma Valley Bank Commercial Lending Specialization 4.58 Failed on 8/20/10
31263 K Bank Commercial Lending Specialization 4.7 -
57125 Chelten Hills Savings Bank Mortgage Lending Specialization 4.75 -
13272 Badger State Bank Agricultural Specialization 4.81 -
34673 Paramount Bank Commercial Lending Specialization 4.85 -
31555 Independence Federal Savings Bank Mortgage Lending Specialization 4.88 -
35242 North Georgia Bank Commercial Lending Specialization 4.94 -
28462 Family Federal Savings of Illinois Commercial Lending Specialization 4.95 -
35462 Bay National Bank Commercial Lending Specialization 5.07 Failed on 7/9/10
57537 Old Harbor Bank Commercial Lending Specialization 5.26 -
35279 High Desert State Bank Commercial Lending Specialization 5.81 Failed on 6/25/10
16748 First City Bank of Florida Commercial Lending Specialization 5.88 -
5950 Bank of Granite Commercial Lending Specialization 6.4 -
28864 Olde Cypress Community Bank Commercial Lending Specialization 6.47 Failed on 7/16/10
57658 Northwest Bank & Trust Commercial Lending Specialization 6.78 Failed on 7/30/10
57860 Community Bank of Rockmart Commercial Lending Specialization 6.82 -
58308 Haven Trust Bank Florida Commercial Lending Specialization 6.92 -
20727 Town North Bank, N. A. Other Specialized < $1 Billion 7 -
27150 Eurobank Commercial Lending Specialization 7.09 Failed on 4/30/10
3735 Amcore Bank, National Association Commercial Lending Specialization 7.14 Failed on 4/23/10
27344 Independent National Bank Commercial Lending Specialization 7.17 Failed on 8/20/10
34601 Citizens Bank of Effingham Commercial Lending Specialization 7.63 -
35065 United Americas Bank, National Association Commercial Lending Specialization 7.69 -
35383 First National Bank of the South Commercial Lending Specialization 7.81 Failed on 7/16/10
23632 Palm Desert National Bank Commercial Lending Specialization 7.91 -
24794 Texas Coastal Bank Commercial Lending Specialization 8 -
32503 Plantation Federal Bank Commercial Lending Specialization 8.07 -
35517 1st Pacific Bank of California Commercial Lending Specialization 8.28 Failed on 5/7/10
32280 Turnberry Bank Commercial Lending Specialization 8.31 Failed on 7/16/10
16579 First Guaranty Bank and Trust Company of Jacksonville Commercial Lending Specialization 8.35 -
57110 Nevada Security Bank Commercial Lending Specialization 8.48 Failed on 6/18/10
14580 Darby Bank & Trust Co. Commercial Lending Specialization 8.6 -
5716 Farmers & Merchants Bank Commercial Lending Specialization 9.17 -
33938 Capitol City Bank & Trust Company Commercial Lending Specialization 9.43 -
14939 Peoples State Bank Commercial Lending Specialization 9.53 -
17599 Palos Bank and Trust Company Commercial Lending Specialization 9.77 Failed on 8/13/10
33542 Western Community Bank Commercial Lending Specialization 10.07 -
33493 Tamalpais Bank Commercial Lending Specialization 10.57 Failed on 4/16/10
31027 Westernbank Puerto Rico Commercial Lending Specialization 10.59 Failed on 4/30/10
57441 Ventura County Business Bank Commercial Lending Specialization 10.78 -
14194 Polk County Bank Commercial Lending Specialization 10.96 -
57799 First Sound Bank Commercial Lending Specialization 11.11 -
57646 FirsTier Bank Commercial Lending Specialization 11.32 -
35053 North County Bank Commercial Lending Specialization 11.33 -
27986 Second Federal Savings and Loan Association of Chicago Mortgage Lending Specialization 11.36 -
19758 Enterprise Banking Company Commercial Lending Specialization 11.56 -
34783 San Luis Trust Bank, FSB Commercial Lending Specialization 11.71 -
3019 Rocky Mountain Bank & Trust Florence Mortgage Lending Specialization 12.33 -
28961 First Federal Savings and Loan Association of Hammond Mortgage Lending Specialization 12.6 -
8185 State Bank of Cokato Commercial Lending Specialization 12.68 -
9619 Coastal Community Bank Commercial Lending Specialization 12.75 Failed on 7/30/10
57868 CommunitySouth Bank and Trust Commercial Lending Specialization 12.81 -
26970 Southern Commerce Bank, National Association Commercial Lending Specialization 12.85 -
182 The Peoples Bank Commercial Lending Specialization 13.03 -
27573 First Bank of Jacksonville Commercial Lending Specialization 13.08 -
57978 Business Bank Commercial Lending Specialization 13.21 -
58087 Western Commercial Bank Commercial Lending Specialization 13.21 -
58010 Freedom Bank Commercial Lending Specialization 13.25 -
26759 Bank of the Eastern Shore Commercial Lending Specialization 13.35 -
30898 Security Savings Bank, F.S.B. Commercial Lending Specialization 13.45 -
8205 Americana Community Bank Commercial Lending Specialization 13.5 -
15904 The Four County Bank Commercial Lending Specialization 13.75 -
33219 Butte Community Bank Commercial Lending Specialization 13.76 Failed on 8/20/10
35250 Shoreline Bank Commercial Lending Specialization 13.82 -
178 Talbot State Bank Mortgage Lending Specialization 13.86 -
34898 Coastal Bank Commercial Lending Specialization 13.89 -
57593 Mountain Heritage Bank Commercial Lending Specialization 13.95 -
33204 Premier Bank Minnesota Commercial Lending Specialization 14.41 -
151 Habersham Bank Commercial Lending Specialization 14.42 -
10506 Thunder Bank Agricultural Specialization 14.59 Failed on 7/23/10
34106 Albina Community Bank Commercial Lending Specialization 14.63 -
9719 Oxford Bank Commercial Lending Specialization 14.7 -
32251 Progress Bank of Florida Commercial Lending Specialization 14.73 -
29341 TierOne Bank Commercial Lending Specialization 14.79 Failed on 6/4/10
31495 Inter Savings Bank, fsb D/B/A Interbank, fsb Mortgage Lending Specialization 14.82 -
25796 Community Bank and Trust - West Georgia Commercial Lending Specialization 14.85 -
11636 Home National Bank Commercial Lending Specialization 14.91 Failed on 7/9/10
26816 Liberty Bank, Inc. Mortgage Lending Specialization 15.14 -
57132 Eastside Commercial Bank, National Association Commercial Lending Specialization 15.29 -
28353 Century Bank Mortgage Lending Specialization 15.37 -
15014 Pilsen State Bank, Lincolnville, Kansas Agricultural Specialization 15.51 -
34957 Clarkston State Bank Commercial Lending Specialization 15.55 -
24099 Rosemount National Bank Commercial Lending Specialization 15.85 -
19794 Nexity Bank Commercial Lending Specialization 15.87 -
5691 Farmers State Bank Commercial Lending Specialization 16.34 -
30132 First Federal Savings and Loan Association of Pekin Mortgage Lending Specialization 16.49 -
57866 AztecAmerica Bank Commercial Lending Specialization 16.53 -
14794 Bank of Jackson County Commercial Lending Specialization 16.53 -
29979 AnchorBank, fsb Commercial Lending Specialization 16.58 -
4516 First Bank Commercial Lending Specialization 16.59 -
19252 The First State Bank Commercial Lending Specialization 16.76 -
57766 HarVest Bank of Maryland Commercial Lending Specialization 16.8 -
21777 Wakulla Bank Commercial Lending Specialization 16.93 -
2119 The First National Bank of Barnesville Commercial Lending Specialization 17.03 -
57884 Superior Bank Commercial Lending Specialization 17.09 -
4744 The First National Bank of Olathe Commercial Lending Specialization 17.18 -
23876 Innovative Bank Commercial Lending Specialization 17.19 Failed on 4/16/10
34292 The Bank of Commerce Commercial Lending Specialization 17.34 -
27090 Pacific State Bank Commercial Lending Specialization 17.64 Failed on 8/20/10
28612 Maritime Savings Bank Commercial Lending Specialization 17.76 -
32711 First Cherokee State Bank Commercial Lending Specialization 17.84 -
22643 The Cowlitz Bank Commercial Lending Specialization 17.85 Failed on 7/30/10
14485 Prosper Bank Commercial Lending Specialization 17.88 -
9064 PlantersFIRST Commercial Lending Specialization 17.89 -
22536 FirstSecure Bank and Trust Co. Commercial Lending Specialization 18.03 -
17557 First National Bank of Crestview Commercial Lending Specialization 18.14 -
57315 Granite Community Bank, N.A. Commercial Lending Specialization 18.33 Failed on 5/28/10
34775 EverBank Mortgage Lending Specialization 18.38 -
34234 Community Central Bank Commercial Lending Specialization 18.42 -
57448 First Commerce Community Bank Commercial Lending Specialization 18.48 -
32654 Colombo Bank Commercial Lending Specialization 18.66 -
1250 Gunnison Valley Bank Agricultural Specialization 18.67 -
5687 Central Bank of Georgia Commercial Lending Specialization 18.67 -
26799 EvaBank All other < $1 Billion 18.71 -
57647 First Georgia Banking Company Commercial Lending Specialization 18.89 -
4392 Integra Bank National Association Commercial Lending Specialization 19.27 -
57129 Community Federal Savings Bank Commercial Lending Specialization 19.35 -
35078 Allegiance Bank of North America Commercial Lending Specialization 19.36 -
35428 SUNRISE BANK OF ALBUQUERQUE Commercial Lending Specialization 19.49 -
22441 AmericanWest Bank Commercial Lending Specialization 19.61 -
58611 SunBank, National Association Other Specialized < $1 Billion 19.72 -
32165 Los Padres Bank Commercial Lending Specialization 19.75 Failed on 8/20/10
17308 Central Pacific Bank Commercial Lending Specialization 19.76 -
18794 The Farmers Bank All other < $1 Billion 19.76 -
14273 Heritage Banking Group Commercial Lending Specialization 19.76 -
33815 Easton Bank & Trust Commercial Lending Specialization 19.78 -
32158 Sterling Savings Bank Commercial Lending Specialization 19.85 -
27465 Citizens National Bank of Springfield 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