2010 Q3 Watch List on FDIC Insured Banks at Very High Risk of Failing (Final Update: 12/10/10)

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 June 30, 2010. There are currently 220 banks on this list. Banks that failed after 2010 Q1 will get noted if they are on this list.

Update (9/6/10): Another list of 563 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 (12/10/10): This list will serve as the archived version and will no longer be updated.  Please consult the 2010 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
4063 MidFirst Bank Commercial Lending Specialization -96.14 -
57169 American Patriot Bank Commercial Lending Specialization -73.59 -
34231 Ravenswood Bank Commercial Lending Specialization -63.99 Failed on 8/6/10
58495 Appalachian Community Bank, F.S.B. Commercial Lending Specialization -47.90 -
57107 ISN Bank Commercial Lending Specialization -45.47 Failed on 9/17/10
58211 Sunrise Bank of Atlanta Commercial Lending Specialization -44.29 -
31623 Imperial Savings and Loan Association Consumer Lending Specialization -42.41 Failed on 8/20/10
35434 SouthwestUSA Bank Commercial Lending Specialization -40.21 Failed on 7/23/10
25172 Metro Bank of Dade County Commercial Lending Specialization -38.68 Failed on 7/16/10
58197 Bank of Ellijay Commercial Lending Specialization -35.55 Failed on 9/17/10
32536 Sterling Bank Commercial Lending Specialization -27.18 Failed on 7/23/10
25330 United Central Bank Commercial Lending Specialization -24.61 -
10506 Thunder Bank Agricultural Specialization -23.57 Failed on 7/23/10
22173 Hillcrest Bank Commercial Lending Specialization -23.41 Failed on 10/22/10
57831 Tifton Banking Company Commercial Lending Specialization -23.10 Failed on 11/12/10
58539 First Choice Community Bank Commercial Lending Specialization -20.66 -
34516 The Bank of Asheville Commercial Lending Specialization -20.30 -
34486 Community Security Bank Commercial Lending Specialization -19.78 Failed on 7/23/10
57448 First Commerce Community Bank Commercial Lending Specialization -17.07 Failed on 9/17/10
33904 The Gordon Bank Commercial Lending Specialization -16.72 Failed on 10/22/10
22946 Scotiabank de Puerto Rico All other > $1 Billion -15.32 -
58358 1st Commerce Bank Commercial Lending Specialization -15.07 -
19554 High Trust Bank Commercial Lending Specialization -13.17 -
9619 Coastal Community Bank Commercial Lending Specialization -12.71 Failed on 7/30/10
20340 Gulf State Community Bank Commercial Lending Specialization -12.68 Failed on 11/19/10
19498 Montgomery Bank & Trust Commercial Lending Specialization -12.59 -
57031 Champion Bank Commercial Lending Specialization -12.59 -
34601 Citizens Bank of Effingham Commercial Lending Specialization -12.03 -
17599 Palos Bank and Trust Company Commercial Lending Specialization -11.29 Failed on 8/13/10
28864 Olde Cypress Community Bank Commercial Lending Specialization -10.41 Failed on 7/16/10
58701 Pisgah Community Bank Commercial Lending Specialization -9.56 -
32582 First Arizona Savings, A FSB Mortgage Lending Specialization -9.44 Failed on 10/22/10
27573 First Bank of Jacksonville Commercial Lending Specialization -9.39 Failed on 10/22/10
14580 Darby Bank & Trust Co. Commercial Lending Specialization -9.13 Failed on 11/12/10
27808 Bramble Savings Bank Commercial Lending Specialization -8.57 Failed on 9/17/10
34016 Premier Bank Commercial Lending Specialization -8.27 Failed on 10/15/10
57658 Northwest Bank & Trust Commercial Lending Specialization -8.23 Failed on 7/30/10
35065 United Americas Bank, National Association Commercial Lending Specialization -8.10 -
24677 Triad Bank, National Association Commercial Lending Specialization -8.03 -
57860 Community Bank of Rockmart Commercial Lending Specialization -7.89 -
15640 ShoreBank Commercial Lending Specialization -7.65 Failed on 8/20/10
10086 Western Springs National Bank and Trust Commercial Lending Specialization -7.00 -
58205 Westbridge Bank and Trust Commercial Lending Specialization -6.48 Failed on 10/15/10
58010 Freedom Bank Commercial Lending Specialization -6.27 -
28136 Mainstreet Savings Bank, FSB Mortgage Lending Specialization -6.00 Failed on 7/16/10
25266 Community National Bank at Bartow All other < $1 Billion -5.43 Failed on 8/20/10
16748 First City Bank of Florida Commercial Lending Specialization -4.77 -
27559 Crescent Bank and Trust Company Commercial Lending Specialization -4.22 Failed on 7/23/10
31964 LibertyBank Commercial Lending Specialization -3.75 Failed on 7/30/10
182 The Peoples Bank Commercial Lending Specialization -3.32 Failed on 9/17/10
58072 USA Bank Commercial Lending Specialization -3.22 Failed on 7/9/10
28407 Liberty Federal Savings Bank Commercial Lending Specialization -3.01 -
5287 First Banking Center Commercial Lending Specialization -2.67 Failed on 11/19/10
58308 Haven Trust Bank Florida Commercial Lending Specialization -2.29 Failed on 9/24/10
19758 Enterprise Banking Company Commercial Lending Specialization -2.20 -
57669 Bayside Savings Bank Commercial Lending Specialization -1.81 Failed on 7/30/10
57440 Oglethorpe Bank Commercial Lending Specialization -1.20 -
57276 Bank of Las Vegas Commercial Lending Specialization -1.06 -
17557 First National Bank of Crestview Commercial Lending Specialization -0.84 -
34707 SUNRISE BANK OF ARIZONA Commercial Lending Specialization -0.62 -
11636 Home National Bank Commercial Lending Specialization -0.50 Failed on 7/9/10
17837 Williamsburg First National Bank Commercial Lending Specialization -0.38 Failed on 7/23/10
16089 First Suburban National Bank Commercial Lending Specialization 0.00 Failed on 10/22/10
28612 Maritime Savings Bank Commercial Lending Specialization 0.02 Failed on 9/17/10
151 Habersham Bank Commercial Lending Specialization 0.37 -
32571 Woodlands Bank Commercial Lending Specialization 0.66 Failed on 7/16/10
31123 Woodforest Bank All other < $1 Billion 0.69 -
35463 Copper Star Bank Commercial Lending Specialization 0.77 Failed on 11/12/10
22512 Treaty Oak Bank Commercial Lending Specialization 1.70 -
32280 Turnberry Bank Mortgage Lending Specialization 1.71 Failed on 7/16/10
33134 Michigan Commerce Bank Commercial Lending Specialization 2.04 -
35299 Security Exchange Bank Commercial Lending Specialization 2.10 -
57885 First Vietnamese American Bank Commercial Lending Specialization 2.16 Failed on 11/5/10
21777 Wakulla Bank Commercial Lending Specialization 2.16 Failed on 10/1/10
5328 Evergreen State Bank Commercial Lending Specialization 2.19 -
35250 Shoreline Bank Commercial Lending Specialization 2.50 Failed on 10/1/10
34673 Paramount Bank Commercial Lending Specialization 2.61 Failed on 12/10/10
57855 Charter Oak Bank Commercial Lending Specialization 2.68 -
58087 Western Commercial Bank Commercial Lending Specialization 2.83 Failed on 11/5/10
57432 American Trust Bank Commercial Lending Specialization 3.17 -
19252 The First State Bank Commercial Lending Specialization 3.33 -
35061 Horizon Bank Commercial Lending Specialization 3.93 Failed on 9/10/10
32456 Ideal Federal Savings Bank Commercial Lending Specialization 4.18 Failed on 7/9/10
34997 First Home Bank Commercial Lending Specialization 4.38 -
32251 Progress Bank of Florida Commercial Lending Specialization 4.59 Failed on 10/22/10
35242 North Georgia Bank Commercial Lending Specialization 4.71 -
8205 Americana Community Bank Commercial Lending Specialization 5.06 -
35527 Fort Lee Federal Savings Bank, FSB All other < $1 Billion 5.21 -
58273 Patriot Bank of Georgia Commercial Lending Specialization 5.66 -
34818 Legacy Bank Commercial Lending Specialization 6.05 -
27125 Bank of Hampton Roads Commercial Lending Specialization 6.43 -
19797 The Park Avenue Bank Commercial Lending Specialization 6.44 -
57212 First Choice Bank Commercial Lending Specialization 6.57 -
57236 Regal Financial Bank Commercial Lending Specialization 6.73 -
12261 First Community Bank Commercial Lending Specialization 6.85 -
31263 K Bank Commercial Lending Specialization 6.98 Failed on 11/5/10
19040 The Bank of Miami, National Association Commercial Lending Specialization 7.03 -
13272 Badger State Bank Agricultural Specialization 7.10 -
57799 First Sound Bank Commercial Lending Specialization 7.15 -
2119 The First National Bank of Barnesville Commercial Lending Specialization 7.25 Failed on 10/22/10
19237 McIntosh State Bank Commercial Lending Specialization 7.65 -
35462 Bay National Bank Commercial Lending Specialization 7.69 Failed on 7/9/10
58095 Idaho First Bank Commercial Lending Specialization 7.83 -
5950 Bank of Granite Commercial Lending Specialization 8.09 -
35383 First National Bank of the South Commercial Lending Specialization 8.31 Failed on 7/16/10
57820 Legacy Bank Commercial Lending Specialization 8.68 -
57868 CommunitySouth Bank and Trust Commercial Lending Specialization 8.71 -
35430 OptimumBank Commercial Lending Specialization 9.08 -
35561 Earthstar Bank Mortgage Lending Specialization 9.14 Failed on 12/10/10
34392 Decatur First Bank Commercial Lending Specialization 9.16 -
3019 Rocky Mountain Bank & Trust Florence Mortgage Lending Specialization 9.62 -
58420 Atlantic Bank and Trust Commercial Lending Specialization 9.70 -
33938 Capitol City Bank & Trust Company Commercial Lending Specialization 9.88 -
57593 Mountain Heritage Bank Commercial Lending Specialization 9.88 -
5820 State Central Bank Commercial Lending Specialization 10.20 -
34106 Albina Community Bank Commercial Lending Specialization 10.53 -
15794 The First State Bank of Burlingame Commercial Lending Specialization 10.58 -
34527 Central Arizona Bank Commercial Lending Specialization 10.63 -
35478 Sunshine State Community Bank Commercial Lending Specialization 10.80 -
58039 First Resource Bank Commercial Lending Specialization 10.82 -
4744 The First National Bank of Olathe Commercial Lending Specialization 10.93 -
34692 Canyon National Bank Commercial Lending Specialization 11.00 -
27344 Independent National Bank Commercial Lending Specialization 11.21 Failed on 8/20/10
9064 PlantersFIRST Commercial Lending Specialization 11.28 -
34965 First Commercial Bank of Florida Commercial Lending Specialization 11.36 -
27405 Putnam State Bank Commercial Lending Specialization 11.43 -
23632 Palm Desert National Bank Commercial Lending Specialization 11.47 -
22643 The Cowlitz Bank Commercial Lending Specialization 11.50 Failed on 7/30/10
57256 Piedmont Community Bank Commercial Lending Specialization 11.54 -
34187 Valley Community Bank Commercial Lending Specialization 11.77 -
30898 Security Savings Bank, F.S.B. Commercial Lending Specialization 11.83 Failed on 10/15/10
57766 HarVest Bank of Maryland Commercial Lending Specialization 11.94 -
33883 Fidelity Bank Commercial Lending Specialization 12.00 -
35053 North County Bank Commercial Lending Specialization 12.13 Failed on 9/24/10
6078 First Midwest Bank Commercial Lending Specialization 12.19 -
35050 TransCapital Bank Commercial Lending Specialization 12.30 -
27986 Second Federal Savings and Loan Association of Chicago Mortgage Lending Specialization 12.41 -
34411 Pierce Commercial Bank Commercial Lending Specialization 12.43 Failed on 11/5/10
31495 Inter Savings Bank, fsb D/B/A Interbank, fsb Mortgage Lending Specialization 12.43 -
35078 Allegiance Bank of North America Commercial Lending Specialization 12.66 Failed on 11/19/10
34256 Citizens Commerce National Bank Commercial Lending Specialization 12.80 -
13198 Cornerstone Bank Commercial Lending Specialization 12.82 -
58029 Sunrise Bank Commercial Lending Specialization 12.93 -
22811 Brickyard Bank Commercial Lending Specialization 13.00 -
34234 Community Central Bank Commercial Lending Specialization 13.33 -
35139 Seattle Bank Commercial Lending Specialization 13.34 -
20727 Town North Bank, N. A. Other Specialized < $1 Billion 13.75 -
31555 Independence Federal Savings Bank Mortgage Lending Specialization 13.81 -
34112 Premier Bank Commercial Lending Specialization 13.86 -
28462 Family Federal Savings of Illinois Commercial Lending Specialization 13.94 -
9719 Oxford Bank Commercial Lending Specialization 14.19 -
30846 Heritage Bank Commercial Lending Specialization 14.33 -
57537 Old Harbor Bank Commercial Lending Specialization 14.42 -
26323 Florida Capital Bank, National Association Commercial Lending Specialization 14.43 -
35096 Millennium Bank, National Association Commercial Lending Specialization 14.59 -
19794 Nexity Bank Commercial Lending Specialization 14.80 -
34957 Clarkston State Bank Commercial Lending Specialization 14.83 -
20012 Border Trust Company Commercial Lending Specialization 14.94 -
35156 Hometown National bank Commercial Lending Specialization 14.95 -
14939 Peoples State Bank Commercial Lending Specialization 15.00 -
35428 SUNRISE BANK OF ALBUQUERQUE Commercial Lending Specialization 15.10 -
30132 First Federal Savings and Loan Association of Pekin Mortgage Lending Specialization 15.10 -
57835 Signature Bank Commercial Lending Specialization 15.27 -
22637 Bank of Shorewood Commercial Lending Specialization 15.35 -
27935 First Chicago Bank & Trust Commercial Lending Specialization 15.37 -
5716 Farmers & Merchants Bank Commercial Lending Specialization 15.43 -
10055 The Patterson Bank Commercial Lending Specialization 15.58 -
34968 Banco Popular de Puerto Rico Commercial Lending Specialization 15.79 -
34578 Chestatee State Bank Commercial Lending Specialization 16.00 -
35418 Nevada Commerce Bank Commercial Lending Specialization 16.08 -
33983 Citizens Bank of Northern California Commercial Lending Specialization 16.25 -
28353 Century Bank Mortgage Lending Specialization 16.37 -
26680 Heritage Bank of North Florida Commercial Lending Specialization 16.40 -
34130 Public Savings Bank Commercial Lending Specialization 16.56 -
416 First Capital Bank Commercial Lending Specialization 16.63 -
6092 Citizens Bank of Spencer, Tenn. Consumer Lending Specialization 16.65 -
57213 Atlantic Southern Bank Commercial Lending Specialization 16.73 -
32347 Blue Ridge Savings Bank, Inc. Commercial Lending Specialization 16.87 -
34775 EverBank Mortgage Lending Specialization 16.96 -
57759 All American Bank Commercial Lending Specialization 16.98 -
57132 Eastside Commercial Bank, National Association Commercial Lending Specialization 17.11 -
15904 The Four County Bank Commercial Lending Specialization 17.16 -
57928 Hometown Community Bank Commercial Lending Specialization 17.25 -
29069 Monarch Community Bank Commercial Lending Specialization 17.34 -
57647 First Georgia Banking Company Commercial Lending Specialization 17.39 -
58611 SunBank, National Association Other Specialized < $1 Billion 17.49 -
178 Talbot State Bank Mortgage Lending Specialization 17.52 -
57847 Georgia Trust Bank Commercial Lending Specialization 17.60 -
11297 The Woodbury Banking Company All other < $1 Billion 17.65 -
33806 Bay Cities National Bank Commercial Lending Specialization 17.66 -
57646 FirsTier Bank Commercial Lending Specialization 17.86 -
34292 The Bank of Commerce Commercial Lending Specialization 17.98 -
34652 Home Federal Bank of Hollywood Commercial Lending Specialization 18.02 -
33219 Butte Community Bank Commercial Lending Specialization 18.04 Failed on 8/20/10
27090 Pacific State Bank Commercial Lending Specialization 18.07 Failed on 8/20/10
58283 Virginia Business Bank Commercial Lending Specialization 18.26 -
29761 SCB BANK Commercial Lending Specialization 18.35 -
16579 First Guaranty Bank and Trust Company of Jacksonville Commercial Lending Specialization 18.47 -
22441 AmericanWest Bank Commercial Lending Specialization 18.50 -
34953 Northpointe Bank Commercial Lending Specialization 18.52 -
57917 Western National Bank Commercial Lending Specialization 18.52 -
21649 Douglas County Bank Commercial Lending Specialization 18.76 -
32503 Plantation Federal Bank Commercial Lending Specialization 18.96 -
33211 Sterling Bank Commercial Lending Specialization 18.97 -
13551 The State Exchange Bank Agricultural Specialization 18.98 -
21495 Bartow County Bank Commercial Lending Specialization 19.06 -
2994 Bank of Choice Commercial Lending Specialization 19.06 -
58185 Bank of Valdosta Commercial Lending Specialization 19.07 -
17325 OMNIBANK, National Association Commercial Lending Specialization 19.14 -
58091 Integrity First Bank Commercial Lending Specialization 19.16 -
20685 First United Bank Commercial Lending Specialization 19.24 -
34969 First Central Savings Bank Commercial Lending Specialization 19.26 -
5691 Farmers State Bank Commercial Lending Specialization 19.32 -
10430 Citizens State Bank of Cropsey Agricultural Specialization 19.43 -
8185 State Bank of Cokato Commercial Lending Specialization 19.46 -
18169 Pacific Capital Bank, National Association Commercial Lending Specialization 19.46 -
33928 Patriot National Bank Commercial Lending Specialization 19.53 -
57948 Community First Bank - Chicago Commercial Lending Specialization 19.58 -
8903 Peoples Bank & Trust Co. Commercial Lending Specialization 19.59 -
57872 Pacific West Bank Commercial Lending Specialization 19.79 -


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 20:50