2011 Q3 Watch List on FDIC Insured Banks at Very High Risk of Failing (Final Update: 12/5/11)

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 June 30, 2011. There are currently 192 banks on this list. Banks that failed after 2011 Q2 will get noted if they are on this list.

Update (8/30/11): Another list of 429 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."

Update (12/05/11): Another list of 432 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 (12/05/11): This list will serve as the archived version and will no longer be updated. Please consult the 2011 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
59051 Urban Partnership Bank Commercial Lending Specialization -77.9 -
4063 MidFirst Bank Commercial Lending Specialization -69.25 -
58056 Southshore Community Bank Commercial Lending Specialization -31.02 Failed on 07/22/11
4879 Communityone Bank, National Association Commercial Lending Specialization -27.05 -
35395 Country Bank Commercial Lending Specialization -24.83 Failed on 10/14/11
22946 Scotiabank de Puerto Rico All other > $1 Billion -24.12 -
57928 Hometown Community Bank Commercial Lending Specialization -24.08 -
57759 All American Bank Commercial Lending Specialization -23.78 Failed on 10/28/11
58343 Premier Community Bank of the Emerald Coast Commercial Lending Specialization -23.33 -
5732 DuPage National Bank Commercial Lending Specialization -23.27 -
20408 Bank of the Commonwealth Commercial Lending Specialization -23.06 Failed on 09/23/11
58443 First Security Bank of Nevada Commercial Lending Specialization -21.12 -
57835 Signature Bank Commercial Lending Specialization -18.17 Failed on 07/08/11
6092 Citizens Bank of Spencer, Tenn. All other < $1 Billion -17.57 -
19397 Mid City Bank, Inc. Commercial Lending Specialization -16.75 Failed on 11/04/11
35372 Carolina Federal Savings Bank Commercial Lending Specialization -15.5 -
24677 Triad Bank, National Association Commercial Lending Specialization -15.35 -
34522 Colorado Capital Bank Commercial Lending Specialization -15.25 Failed on 07/08/11
4744 The First National Bank of Olathe Commercial Lending Specialization -14.86 Failed on 08/12/11
58238 One Georgia Bank Commercial Lending Specialization -14.71 Failed on 07/15/11
58701 Pisgah Community Bank Commercial Lending Specialization -12.16 -
58046 First State Bank Commercial Lending Specialization -12.07 Failed on 10/14/11
22528 Bank of Whitman Commercial Lending Specialization -11.78 Failed on 08/05/11
58226 CreekSide Bank Commercial Lending Specialization -10.53 Failed on 09/02/11
16748 First City Bank of Florida Commercial Lending Specialization -10.3 -
14194 Polk County Bank Commercial Lending Specialization -10.2 Failed on 11/18/11
57036 Community Capital Bank Commercial Lending Specialization -9.76 Failed on 10/21/11
57537 Old Harbor Bank Commercial Lending Specialization -9.66 Failed on 10/21/11
58185 Sunrise Bank Commercial Lending Specialization -9.39 -
34823 Patriot Bank Minnesota Commercial Lending Specialization -8.57 -
15204 Bank of Westminster All other < $1 Billion -8.52 -
58273 Patriot Bank of Georgia Commercial Lending Specialization -8.49 -
35244 LandMark Bank of Florida Commercial Lending Specialization -7.52 Failed on 07/22/11
57597 New City Bank Commercial Lending Specialization -7.16 -
34775 EverBank Mortgage Lending Specialization -6.98 -
35419 Premier Bank Commercial Lending Specialization -6.96 -
33513 First International Bank Commercial Lending Specialization -6.83 Failed on 09/30/11
19657 Central Progressive Bank Commercial Lending Specialization -6.56 Failed on 11/18/11
32347 Blue Ridge Savings Bank, Inc. Commercial Lending Specialization -6.21 Failed on 10/14/11
34870 First Peoples Bank Commercial Lending Specialization -5.68 Failed on 07/15/11
58358 1st Commerce Bank Commercial Lending Specialization -5.44 -
35527 Fort Lee Federal Savings Bank, FSB All other < $1 Billion -4.98 -
34130 Public Savings Bank Commercial Lending Specialization -4.92 Failed on 08/18/11
20115 Sun Security Bank Commercial Lending Specialization -4.84 Failed on 10/07/11
57766 HarVest Bank of Maryland Commercial Lending Specialization -4.69 -
19498 Montgomery Bank & Trust Commercial Lending Specialization -4.21 -
34392 Decatur First Bank Commercial Lending Specialization -4.11 Failed on 10/21/11
23123 Bank of Bartlett Mortgage Lending Specialization -2.75 -
58499 First Asian Bank Commercial Lending Specialization -2.66 -
57860 Community Bank of Rockmart Commercial Lending Specialization -2.55 Failed on 11/10/11
19252 The First State Bank Commercial Lending Specialization -1.92 -
3661 Union National Bank and Trust Company of Elgin Commercial Lending Specialization -1.42 -
58283 Virginia Business Bank Commercial Lending Specialization -1.28 Failed on 07/29/11
27935 First Chicago Bank & Trust Commercial Lending Specialization -1.2 Failed on 07/08/11
57096 The Royal Palm Bank of Florida Commercial Lending Specialization -1.12 -
16673 Farmers & Merchants Bank Commercial Lending Specialization -1 -
35428 SUNRISE BANK OF ALBUQUERQUE Commercial Lending Specialization -0.49 -
15083 Alliant Bank All other < $1 Billion -0.42 -
58222 BankMeridian, N.A. Commercial Lending Specialization -0.2 Failed on 07/29/11
4392 Integra Bank National Association Commercial Lending Specialization -0.2 Failed on 07/29/11
14794 Bank of Jackson County Commercial Lending Specialization 0.01 -
57256 Piedmont Community Bank Commercial Lending Specialization 1.08 Failed on 10/14/11
19554 High Trust Bank Commercial Lending Specialization 1.1 Failed on 07/15/11
19189 Excel Bank Commercial Lending Specialization 1.24 -
34334 American Metro Bank Commercial Lending Specialization 1.29 -
19869 BankEast Commercial Lending Specialization 1.35 -
20448 Pan American Bank Mortgage Lending Specialization 1.37 -
57169 American Patriot Bank Commercial Lending Specialization 1.48 -
35430 OptimumBank Commercial Lending Specialization 1.67 -
10216 The RiverBank Commercial Lending Specialization 1.8 Failed on 10/07/11
57087 SunFirst Bank Commercial Lending Specialization 2.07 Failed on 11/04/11
31495 Inter Savings Bank, fsb D/B/A Interbank, fsb Mortgage Lending Specialization 2.12 -
2994 Bank of Choice Commercial Lending Specialization 2.24 Failed on 07/22/11
35530 First Carolina State Bank Commercial Lending Specialization 2.47 -
59026 Superior Bank, National Association Commercial Lending Specialization 2.49 -
57212 First Choice Bank Commercial Lending Specialization 2.84 Failed on 08/19/11
35246 First Commercial Bank Commercial Lending Specialization 3.66 -
26680 Heritage Bank of North Florida Commercial Lending Specialization 4.53 -
30152 Milford Building and Loan Association Mortgage Lending Specialization 4.67 -
27139 Horry County State Bank Commercial Lending Specialization 4.78 -
29761 SCB Bank Commercial Lending Specialization 4.88 -
57884 Superior Bank Commercial Lending Specialization 4.92 -
5716 Farmers & Merchants Bank Commercial Lending Specialization 5.23 -
21132 Community Banks of Colorado Commercial Lending Specialization 5.32 Failed on 10/21/11
20594 Liberty Bank, F.S.B. Commercial Lending Specialization 5.53 -
34789 Mountain National Bank Commercial Lending Specialization 5.72 -
57072 Advantage Bank Commercial Lending Specialization 5.81 -
11671 State Bank of Herscher Commercial Lending Specialization 6.1 -
22637 Bank of Shorewood Commercial Lending Specialization 6.25 Failed on 08/05/11
31286 First Mariner Bank Commercial Lending Specialization 6.32 -
5950 Bank of Granite Commercial Lending Specialization 6.36 -
35299 Security Exchange Bank Commercial Lending Specialization 6.6 -
27986 Second Federal Savings and Loan Association of Chicago Mortgage Lending Specialization 6.72 -
33832 First Community Bank of the Ozarks Commercial Lending Specialization 6.8 -
57994 Northside Bank Commercial Lending Specialization 6.91 -
58247 Legacy Bank of Florida Commercial Lending Specialization 7 -
34969 First Central Savings Bank Commercial Lending Specialization 7.04 -
31581 American Eagle Savings Bank Mortgage Lending Specialization 7.28 -
34707 SUNRISE BANK OF ARIZONA Commercial Lending Specialization 7.34 -
34527 Central Arizona Bank Commercial Lending Specialization 7.82 -
33938 Capitol City Bank & Trust Company Commercial Lending Specialization 7.88 -
35050 TransCapital Bank Commercial Lending Specialization 8.27 -
34983 Northern Star Bank Commercial Lending Specialization 8.36 -
35096 Millennium Bank, National Association Commercial Lending Specialization 8.36 -
57157 1st Regents Bank Commercial Lending Specialization 8.37 -
34943 First Community Bank of Southwest Florida Commercial Lending Specialization 8.48 -
57917 Western National Bank Commercial Lending Specialization 8.53 -
57369 U. S. Century Bank Commercial Lending Specialization 8.69 -
35356 Lydian Private Bank Mortgage Lending Specialization 8.78 Failed on 08/19/11
16579 First Guaranty Bank and Trust Company of Jacksonville Commercial Lending Specialization 8.88 -
25796 Community Bank and Trust - West Georgia Commercial Lending Specialization 9.02 -
57442 Summit Bank Commercial Lending Specialization 9.57 Failed on 07/15/11
5687 Central Bank of Georgia Commercial Lending Specialization 9.61 -
34046 Global Commerce Bank Commercial Lending Specialization 9.71 -
57276 Bank of Las Vegas Commercial Lending Specialization 9.82 -
5820 State Central Bank Commercial Lending Specialization 9.85 -
32660 Hull Federal Savings Bank Mortgage Lending Specialization 10 -
58125 Eastside Commercial Bank Commercial Lending Specialization 10.08 -
57131 Beach Community Bank Commercial Lending Specialization 10.16 -
31555 Independence Federal Savings Bank Mortgage Lending Specialization 10.26 -
32503 Plantation Federal Bank Commercial Lending Specialization 10.36 -
1056 Glasgow Savings Bank Agricultural Specialization 10.41 -
58106 Riverland Bank Commercial Lending Specialization 10.44 -
25795 Peoples Bank & Trust Commercial Lending Specialization 10.46 -
23187 Charter National Bank and Trust Commercial Lending Specialization 10.48 -
28243 Waukegan Savings Bank Mortgage Lending Specialization 10.67 -
35284 Cornerstone Bank Commercial Lending Specialization 10.83 -
57158 Parkway Bank Commercial Lending Specialization 10.84 -
33983 Citizens Bank of Northern California Commercial Lending Specialization 10.86 Failed on 09/23/11
33134 Michigan Commerce Bank Commercial Lending Specialization 10.94 -
34968 Banco Popular de Puerto Rico Commercial Lending Specialization 10.99 -
26725 EuroBank Commercial Lending Specialization 11.04 -
16375 HomeStar Bank and Financial Services Commercial Lending Specialization 11.06 -
24334 Rocky Mountain Bank Commercial Lending Specialization 11.23 -
57236 Regal Financial Bank Commercial Lending Specialization 11.27 -
27148 NOVA Bank Commercial Lending Specialization 11.42 -
26759 Bank of the Eastern Shore Commercial Lending Specialization 11.45 -
57181 First National Bank of Baldwin County Commercial Lending Specialization 11.51 -
57931 Anchor Commercial Bank Commercial Lending Specialization 11.59 -
10055 The Patterson Bank Commercial Lending Specialization 12.04 -
57264 Affinity Bank Commercial Lending Specialization 12.2 -
57847 Georgia Trust Bank Commercial Lending Specialization 12.28 -
34256 Citizens Commerce National Bank Commercial Lending Specialization 12.35 -
35396 Bank of Naples Commercial Lending Specialization 12.78 -
58037 California Business Bank Commercial Lending Specialization 12.81 -
22536 FirstSecure Bank and Trust Co. Commercial Lending Specialization 12.89 -
59010 Community & Southern Bank Commercial Lending Specialization 12.96 -
57031 Champion Bank Commercial Lending Specialization 13.03 -
58005 Georgia Heritage Bank Commercial Lending Specialization 13.04 -
30864 McHenry Savings Bank Consumer Lending Specialization 13.18 -
33997 Westside Community Bank Commercial Lending Specialization 13.59 -
5704 Bank of Newington Agricultural Specialization 13.65 -
3019 Rocky Mountain Bank & Trust Florence Mortgage Lending Specialization 13.91 -
3036 Mile High Banks Commercial Lending Specialization 14.11 -
22811 Brickyard Bank Commercial Lending Specialization 14.17 -
57239 First Southern National Bank Commercial Lending Specialization 14.21 Failed on 08/19/11
19849 Community South Bank Commercial Lending Specialization 14.24 -
33761 Village Bank Commercial Lending Specialization 14.31 -
55130 Allied First Bank,sb Commercial Lending Specialization 14.33 -
57447 United American Bank Commercial Lending Specialization 14.75 -
34317 Idaho Banking Company Commercial Lending Specialization 14.87 -
58068 Covenant Bank & Trust Commercial Lending Specialization 15.06 -
27331 Community Bank of the Ozarks Commercial Lending Specialization 15.17 -
35055 Metlife Bank, National Association Mortgage Lending Specialization 15.26 -
35249 Gwinnett Community Bank Commercial Lending Specialization 15.38 -
57441 Ventura County Business Bank Commercial Lending Specialization 15.51 -
24156 Ocean Bank Commercial Lending Specialization 16 -
9502 First State Bank Commercial Lending Specialization 16.31 -
33992 Premier Bank Commercial Lending Specialization 16.58 -
16780 Citizens Bank & Trust Company All other < $1 Billion 16.67 -
58158 CenTrust Bank, National Association Commercial Lending Specialization 16.79 -
11297 The Woodbury Banking Company All other < $1 Billion 16.81 -
5691 Farmers State Bank All other < $1 Billion 17.12 -
57186 Central Florida State Bank Commercial Lending Specialization 17.18 -
33103 Gateway Bank, F.S.B. Mortgage Lending Specialization 17.34 -
32360 Eastern Savings Bank, FSB Mortgage Lending Specialization 17.47 -
57585 Golden State Bank Commercial Lending Specialization 17.6 -
178 Talbot State Bank Mortgage Lending Specialization 17.6 -
34515 Waccamaw Bank Commercial Lending Specialization 17.76 -
57129 Community Federal Savings Bank Commercial Lending Specialization 17.77 -
26323 Florida Capital Bank, National Association Commercial Lending Specialization 17.92 -
9257 Farmers' and Traders' State Bank Commercial Lending Specialization 18.01 -
15794 The First State Bank of Burlingame Commercial Lending Specialization 18.22 -
27405 Putnam State Bank Commercial Lending Specialization 18.72 -
8871 OmniBank Commercial Lending Specialization 18.83  
21225 Central Virginia Bank Commercial Lending Specialization 18.85  
32711 First Cherokee State Bank Commercial Lending Specialization 19.01  
35241 South Carolina Community Bank Commercial Lending Specialization 19.14  
57719 Great Florida Bank Commercial Lending Specialization 19.15  
35224 Alabama Trust Bank, National Association Commercial Lending Specialization 19.34  
28144 First East Side Savings Bank Mortgage Lending Specialization 19.76  
34093 MBank Commercial Lending Specialization 19.83  


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.