2011 Q1 Watch List on FDIC Insured Banks at Very High Risk of Failing (Final Update: 6/6/11)

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, 2010. There are currently 228 banks on this list. Banks that failed after 2010 Q4 will get noted if they are on this list.

Update (3/18/11): Another list of 555 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 (6/6/11): This list will serve as the archived version and will no longer be updated.  Please consult the 2011 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 -94.28 -
34551 CrediCard National Bank Credit-Card Specialization -75.39 -
57440 Oglethorpe Bank Commercial Lending Specialization -66.41 Failed on 01/14/11
59051 Urban Partnership Bank Commercial Lending Specialization -54.38 -
58539 First Choice Community Bank Commercial Lending Specialization -53.23 Failed on 04/29/11
35527 Fort Lee Federal Savings Bank, FSB Consumer Lending Specialization -48.75 -
58701 Pisgah Community Bank Commercial Lending Specialization -39.13 -
34965 First Commercial Bank of Florida Commercial Lending Specialization -31.64 Failed on 01/07/11
2303 The First State Bank Agricultural Specialization -31.49 Failed on 01/28/11
34187 Valley Community Bank Commercial Lending Specialization -28.34 Failed on 02/25/11
57276 Bank of Las Vegas Commercial Lending Specialization -27.74 -
57855 Charter Oak Bank Commercial Lending Specialization -27.22 Failed on 02/18/11
35242 North Georgia Bank Commercial Lending Specialization -25.13 Failed on 02/04/11
57868 CommunitySouth Bank and Trust Commercial Lending Specialization -24.71 Failed on 01/21/11
5732 DuPage National Bank Commercial Lending Specialization -23.69 -
14939 Peoples State Bank Commercial Lending Specialization -22.67 Failed on 02/11/11
34783 San Luis Trust Bank, FSB Commercial Lending Specialization -22.53 Failed on 02/18/11
57432 American Trust Bank Commercial Lending Specialization -22.46 Failed on 02/04/11
22946 Scotiabank de Puerto Rico All other > $1 Billion -20.78 -
21495 Bartow County Bank Commercial Lending Specialization -20.76 Failed on 04/15/11
57928 Hometown Community Bank Commercial Lending Specialization -20.45 -
35419 Premier Bank Commercial Lending Specialization -20.2 -
26297 First National Bank of Central Florida Commercial Lending Specialization -20.03 Failed on 04/29/11
19397 Mid City Bank, Inc. Commercial Lending Specialization -19.93 -
58499 First Asian Bank Commercial Lending Specialization -19.83 -
58185 Sunrise Bank Commercial Lending Specialization -17.55 -
57705 New Horizons Bank Commercial Lending Specialization -16.94 Failed on 04/15/11
35530 First Carolina State Bank Commercial Lending Specialization -15.99 -
19554 High Trust Bank Commercial Lending Specialization -14.65 -
57625 Cortez Community Bank Commercial Lending Specialization -14.5 Failed on 04/29/11
10086 Western Springs National Bank and Trust Commercial Lending Specialization -14.21 Failed on 04/08/11
14794 Bank of Jackson County Commercial Lending Specialization -13.98 -
34522 Colorado Capital Bank Commercial Lending Specialization -13.57 -
57239 First Southern National Bank Commercial Lending Specialization -12.95 -
35478 Sunshine State Community Bank Commercial Lending Specialization -12.19 Failed on 02/11/11
1056 Glasgow Savings Bank Agricultural Specialization -11.91 -
151 Habersham Bank Commercial Lending Specialization -11.82 Failed on 02/18/11
57860 Community Bank of Rockmart Commercial Lending Specialization -11.45 -
24677 Triad Bank, National Association Commercial Lending Specialization -11.12 -
57646 FirsTier Bank Commercial Lending Specialization -10.03 Failed on 01/28/11
34292 The Bank of Commerce Commercial Lending Specialization -9.78 Failed on 03/25/11
34818 Legacy Bank Commercial Lending Specialization -9.72 Failed on 03/11/11
19794 Nexity Bank Commercial Lending Specialization -9.19 Failed on 04/15/11
17899 Oswego Community Bank Other Specialized < $1 Billion -8.72 -
33134 Michigan Commerce Bank Commercial Lending Specialization -8.48 -
34601 Citizens Bank of Effingham Commercial Lending Specialization -8.15 Failed on 02/18/11
34527 Central Arizona Bank Commercial Lending Specialization -7.99 -
6092 Citizens Bank of Spencer, Tenn. All other < $1 Billion -7.54 -
22536 FirstSecure Bank and Trust Co. Commercial Lending Specialization -7.47 -
33513 First International Bank Commercial Lending Specialization -6.91 -
4744 The First National Bank of Olathe Commercial Lending Specialization -6.45 -
57169 American Patriot Bank Commercial Lending Specialization -5.99 -
57917 Western National Bank Commercial Lending Specialization -5.25 -
57766 HarVest Bank of Maryland Commercial Lending Specialization -5.05 -
58238 One Georgia Bank Commercial Lending Specialization -5.04 -
16748 First City Bank of Florida Commercial Lending Specialization -4.9 -
4516 First Bank Commercial Lending Specialization -4.7 -
2994 Bank of Choice Commercial Lending Specialization -4.65 -
23626 First Heritage Bank Commercial Lending Specialization -4.64 -
34392 Decatur First Bank Commercial Lending Specialization -4.41 -
57096 The Royal Palm Bank of Florida Commercial Lending Specialization -4.02 -
34234 Community Central Bank Commercial Lending Specialization -3.34 Failed on 04/29/11
34707 SUNRISE BANK OF ARIZONA Commercial Lending Specialization -2.89 -
57036 Community Capital Bank Commercial Lending Specialization -2.68 -
57213 Atlantic Southern Bank Commercial Lending Specialization -2.66 Failed on 5/20/11
58283 Virginia Business Bank Commercial Lending Specialization -2.62 -
5328 Evergreen State Bank Commercial Lending Specialization -2.59 Failed on 01/28/11
19758 Enterprise Banking Company Commercial Lending Specialization -2.42 Failed on 01/21/11
19869 BankEast Commercial Lending Specialization -2.27 -
19252 The First State Bank Commercial Lending Specialization -2.15 -
35418 Nevada Commerce Bank Commercial Lending Specialization -2.09 Failed on 04/08/11
34516 The Bank of Asheville Commercial Lending Specialization -1.42 Failed on 01/21/11
58273 Patriot Bank of Georgia Commercial Lending Specialization -1.33 -
59030 Charter Bank Commercial Lending Specialization -1.27 -
5820 State Central Bank Commercial Lending Specialization -1.25 -
14273 Heritage Banking Group Commercial Lending Specialization -0.41 Failed on 04/15/11
17750 Superior Bank Commercial Lending Specialization -0.34 Failed on 04/15/11
26680 Heritage Bank of North Florida Commercial Lending Specialization -0.27 -
19849 Community South Bank Commercial Lending Specialization 0.61 -
17488 Downers Grove National Bank Commercial Lending Specialization 0.63 -
178 Talbot State Bank Mortgage Lending Specialization 0.67 -
34692 Canyon National Bank Commercial Lending Specialization 0.71 Failed on 02/11/11
10055 The Patterson Bank Commercial Lending Specialization 0.86 -
22476 Covenant Bank Commercial Lending Specialization 0.86 -
20408 Bank of the Commonwealth Commercial Lending Specialization 0.94 -
33832 First Community Bank of the Ozarks Commercial Lending Specialization 1.14 -
19797 The Park Avenue Bank Commercial Lending Specialization 1.2 Failed on 04/29/11
26725 EuroBank Commercial Lending Specialization 1.33 -
57131 Beach Community Bank Commercial Lending Specialization 1.45 -
57593 Mountain Heritage Bank Commercial Lending Specialization 1.66 -
57899 1st Advantage Bank Commercial Lending Specialization 2.01 -
57888 NewDominion Bank Commercial Lending Specialization 2.23 -
5950 Bank of Granite Commercial Lending Specialization 2.54 -
35428 SUNRISE BANK OF ALBUQUERQUE Commercial Lending Specialization 3.08 -
27935 First Chicago Bank & Trust Commercial Lending Specialization 3.13 -
16579 First Guaranty Bank and Trust Company of Jacksonville Commercial Lending Specialization 3.61 -
58046 First State Bank Commercial Lending Specialization 3.75 -
57157 1st Regents Bank Commercial Lending Specialization 3.97 -
4879 Communityone Bank, National Association Commercial Lending Specialization 4.02 -
34997 First Home Bank Commercial Lending Specialization 4.07 -
18169 Pacific Capital Bank, National Association Commercial Lending Specialization 4.14 -
31293 United Western Bank Commercial Lending Specialization 4.2 Failed on 01/21/11
35139 Seattle Bank Commercial Lending Specialization 4.27 -
34957 Clarkston State Bank Commercial Lending Specialization 4.46 -
57948 Community First Bank - Chicago Commercial Lending Specialization 4.52 Failed on 02/04/11
58029 Sunrise Bank Commercial Lending Specialization 4.62 -
31286 First Mariner Bank Commercial Lending Specialization 4.7 -
27148 NOVA Bank Commercial Lending Specialization 4.92 -
57057 Park Cities Bank Commercial Lending Specialization 5.05 -
58056 Southshore Community Bank Commercial Lending Specialization 5.38 -
25795 Peoples Bank & Trust Commercial Lending Specialization 5.47 -
12261 First Community Bank Commercial Lending Specialization 5.49 Failed on 01/28/11
57647 First Georgia Banking Company Commercial Lending Specialization 5.99 Failed on 5/20/11
31495 Inter Savings Bank, fsb D/B/A Interbank, fsb Mortgage Lending Specialization 6.18 -
34775 EverBank Mortgage Lending Specialization 6.28 -
24099 Rosemount National Bank Commercial Lending Specialization 6.38 Failed on 04/15/11
35284 Cornerstone Bank Commercial Lending Specialization 6.38 -
58226 CreekSide Bank Commercial Lending Specialization 6.39 -
58420 Atlantic Bank and Trust Commercial Lending Specialization 6.4 -
14194 Polk County Bank Commercial Lending Specialization 6.4 -
35096 Millennium Bank, National Association Commercial Lending Specialization 7.04 -
57884 Superior Bank Commercial Lending Specialization 7.25 -
9502 First State Bank Commercial Lending Specialization 7.42 -
13272 Badger State Bank Agricultural Specialization 7.48 Failed on 02/11/11
19237 McIntosh State Bank Commercial Lending Specialization 7.56 -
57820 Legacy Bank Commercial Lending Specialization 7.78 Failed on 01/07/11
58358 1st Commerce Bank Commercial Lending Specialization 7.92 -
22811 Brickyard Bank Commercial Lending Specialization 8 -
57847 Georgia Trust Bank Commercial Lending Specialization 8.11 -
58421 First Citizens Bank of Georgia Commercial Lending Specialization 8.13 -
34046 Global Commerce Bank Commercial Lending Specialization 8.46 -
8205 Americana Community Bank Commercial Lending Specialization 8.6 -
32532 South Georgia Bank Commercial Lending Specialization 8.6 -
58129 Reliance Bank, FSB Commercial Lending Specialization 8.82 -
30152 Milford Building and Loan Association Mortgage Lending Specialization 8.94 -
35244 LandMark Bank of Florida Commercial Lending Specialization 9.11 -
57564 Gulf Coast Community Bank Commercial Lending Specialization 9.17 -
35299 Security Exchange Bank Commercial Lending Specialization 9.21 -
34823 Patriot Bank Minnesota Commercial Lending Specialization 9.21 -
10169 Sherburne State Bank Commercial Lending Specialization 9.33 -
57442 Summit Bank Commercial Lending Specialization 9.34  
34969 First Central Savings Bank Commercial Lending Specialization 9.44 -
27986 Second Federal Savings and Loan Association of Chicago Mortgage Lending Specialization 9.68 -
30846 Heritage Bank Commercial Lending Specialization 10.3 -
5716 Farmers & Merchants Bank Commercial Lending Specialization 10.37 -
58454 Treasure State Bank Commercial Lending Specialization 10.45 -
26280 Florida Bank Commercial Lending Specialization 10.47 -
5691 Farmers State Bank All other < $1 Billion 10.66 -
34968 Banco Popular de Puerto Rico Commercial Lending Specialization 10.78 -
34870 First Peoples Bank Commercial Lending Specialization 10.79 -
513 Summit Bank Commercial Lending Specialization 11.06 -
21225 Central Virginia Bank Commercial Lending Specialization 11.11 -
22528 Bank of Whitman Commercial Lending Specialization 11.22 -
21132 Community Banks of Colorado Commercial Lending Specialization 11.24 -
193 The Heritage Bank Commercial Lending Specialization 11.38 -
35246 First Commercial Bank Commercial Lending Specialization 11.81 -
58222 BankMeridian, N.A. Commercial Lending Specialization 11.9 -
32503 Plantation Federal Bank Commercial Lending Specialization 12.25 -
57799 First Sound Bank Commercial Lending Specialization 12.27 -
57537 Old Harbor Bank Commercial Lending Specialization 12.33 -
10925 Midwest Community Bank Agricultural Specialization 12.51 -
15794 The First State Bank of Burlingame Commercial Lending Specialization 12.72 -
57447 United American Bank Commercial Lending Specialization 12.73 -
22637 Bank of Shorewood Commercial Lending Specialization 12.75 -
34943 First Community Bank of Southwest Florida Commercial Lending Specialization 12.91 -
34256 Citizens Commerce National Bank Commercial Lending Specialization 13.26 -
4392 Integra Bank National Association Commercial Lending Specialization 13.58 -
58979 BankUnited All other > $1 Billion 13.64 -
32347 Blue Ridge Savings Bank, Inc. Commercial Lending Specialization 13.66 -
34130 Public Savings Bank Commercial Lending Specialization 13.96 -
34317 Idaho Banking Company Commercial Lending Specialization 14 -
57835 Signature Bank Commercial Lending Specialization 14.07 -
33938 Capitol City Bank & Trust Company Commercial Lending Specialization 14.17 -
21111 City National Bank of New Jersey Commercial Lending Specialization 14.18 -
15414 Legacy Bank Commercial Lending Specialization 14.57 -
57872 Pacific West Bank Commercial Lending Specialization 15.06 -
28997 Provident Community Bank, National Association Commercial Lending Specialization 15.09 -
28139 Security Savings Bank, SSB Commercial Lending Specialization 15.13 -
57129 Community Federal Savings Bank Commercial Lending Specialization 15.19 -
58106 Riverland Bank Commercial Lending Specialization 15.24 -
58125 Eastside Commercial Bank Commercial Lending Specialization 15.34 -
17953 Sandhills Bank Commercial Lending Specialization 15.54 -
20685 First United Bank Commercial Lending Specialization 15.54 -
57212 First Choice Bank Commercial Lending Specialization 15.57 -
57994 Northside Bank Commercial Lending Specialization 15.63 -
35430 OptimumBank Commercial Lending Specialization 15.87 -
9719 Oxford Bank Commercial Lending Specialization 15.88 -
32711 First Cherokee State Bank Commercial Lending Specialization 16.11 -
15904 The Four County Bank Commercial Lending Specialization 16.47 -
16375 HomeStar Bank and Financial Services Commercial Lending Specialization 16.99 -
33883 Fidelity Bank Commercial Lending Specialization 17.13 -
16585 Vermont State Bank Consumer Lending Specialization 17.14 -
6078 First Midwest Bank Commercial Lending Specialization 17.27 -
15083 Alliant Bank All other < $1 Billion 17.28 -
34776 Grand Bank & Trust of Florida Commercial Lending Specialization 17.42 -
57256 Piedmont Community Bank Commercial Lending Specialization 17.42 -
57719 Great Florida Bank Commercial Lending Specialization 17.42 -
16240 Jasper Banking Company Commercial Lending Specialization 17.42 -
21649 Douglas County Bank Commercial Lending Specialization 17.55 -
5687 Central Bank of Georgia Commercial Lending Specialization 17.56 -
23632 Palm Desert National Bank Commercial Lending Specialization 17.56 -
58172 Peoples Bank and Trust Company of Clinton County Commercial Lending Specialization 17.72 -
173 The Peoples Bank Commercial Lending Specialization 17.78 -
32489 HomeStreet Bank Commercial Lending Specialization 17.82 -
34898 Coastal Bank Commercial Lending Specialization 17.86 Failed on 06/05/11
20115 Sun Security Bank Commercial Lending Specialization 18.16 -
35187 Winfield Community Bank Commercial Lending Specialization 18.2 -
9064 PlantersFIRST Commercial Lending Specialization 18.24 -
35396 Bank of Naples Commercial Lending Specialization 18.32 -
27583 First Commercial Bank of Tampa Bay Commercial Lending Specialization 18.47 -
5489 The First National Bank of Wayne Agricultural Specialization 18.47 -
35050 TransCapital Bank Commercial Lending Specialization 18.5 -
416 First Capital Bank Commercial Lending Specialization 18.53 -
34944 Community Shores Bank Commercial Lending Specialization 18.67 -
14485 Prosper Bank Commercial Lending Specialization 18.74 -
4862 NBRS Financial Commercial Lending Specialization 18.84 -
8851 Park State Bank Commercial Lending Specialization 18.91 -
11297 The Woodbury Banking Company All other < $1 Billion 18.96 -
23187 Charter National Bank and Trust Commercial Lending Specialization 18.97 -
29979 AnchorBank, fsb Commercial Lending Specialization 19.04 -
58347 WestSide Bank Commercial Lending Specialization 19.17 -
31555 Independence Federal Savings Bank Mortgage Lending Specialization 19.19 -
28243 Waukegan Savings Bank Mortgage Lending Specialization 19.6 -
27405 Putnam State Bank Commercial Lending Specialization 19.61 -
35170 Community Bank of San Joaquin Commercial Lending Specialization 19.61 -
57597 New City Bank Commercial Lending Specialization 19.82 -
33992 Premier Bank Commercial Lending Specialization 19.86 -
24334 Rocky Mountain 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 20:50