2011 Q4 Watch List on FDIC Insured Banks at Very High Risk of Failing (Updated)

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 September 30, 2011. There are currently 177 banks on this list. Banks that failed after 2011 Q3 will get noted if they are on this list.

Update (12/06/11): Another list of 385 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."

Other items of interest:

FDIC Certificate
Bank Name Asset Concentration Hierarchy Bankability Composite Score* Notes
59051 Urban Partnership Bank Commercial Lending Specialization -93.12 -
4063 MidFirst Bank Commercial Lending Specialization -75.71 -
416 First Capital Bank Commercial Lending Specialization -74.03 -
35395 Country Bank Commercial Lending Specialization -56.61 Failed on 10/14/11
35296 Tennessee Commerce Bank Commercial Lending Specialization -47.21 Failed on 1/27/12
5732 DuPage National Bank Commercial Lending Specialization -41.58 -
57928 Hometown Community Bank Commercial Lending Specialization -34.65 -
24677 Triad Bank, National Association Commercial Lending Specialization -30.77 -
19869 BankEast Commercial Lending Specialization -27.56 Failed on 1/27/12
22946 Scotiabank de Puerto Rico All other > $1 Billion -25.32 -
4879 Communityone Bank, National Association Commercial Lending Specialization -24.77 -
57256 Piedmont Community Bank Commercial Lending Specialization -20.00 Failed on 10/14/11
57860 Community Bank of Rockmart Commercial Lending Specialization -19.67 Failed on 11/10/11
58185 Sunrise Bank Commercial Lending Specialization -18.79 -
19498 Montgomery Bank & Trust Commercial Lending Specialization -17.97 -
1690 The Farmers Bank of Lynchburg Commercial Lending Specialization -17.23 -
34775 EverBank Mortgage Lending Specialization -16.70 -
399 The First State Bank Agricultural Specialization -16.67 -
58046 First State Bank Commercial Lending Specialization -16.22 Failed on 10/14/11
20115 Sun Security Bank Commercial Lending Specialization -16.01 Failed on 10/07/11
58343 Premier Community Bank of the Emerald Coast Commercial Lending Specialization -14.70 Failed on 12/16/11
57759 All American Bank Commercial Lending Specialization -14.15 Failed on 10/28/11
32347 Blue Ridge Savings Bank, Inc. Commercial Lending Specialization -13.56 Failed on 10/14/11
10055 The Patterson Bank Commercial Lending Specialization -13.43 -
19252 The First State Bank Commercial Lending Specialization -13.29 Failed on 1/20/12
57537 Old Harbor Bank Commercial Lending Specialization -12.60 Failed on 10/21/11
34046 Global Commerce Bank Commercial Lending Specialization -12.06 -
35246 First Commercial Bank Commercial Lending Specialization -11.42 -
58701 Pisgah Community Bank Commercial Lending Specialization -11.08 -
57036 Community Capital Bank Commercial Lending Specialization -10.74 Failed on 10/21/11
35016 Bank of Wausau Commercial Lending Specialization -10.40 -
34823 Patriot Bank Minnesota Commercial Lending Specialization -9.98 Failed on 1/27/12
35396 Bank of Naples Commercial Lending Specialization -9.93 -
35527 Fort Lee Federal Savings Bank, FSB All other < $1 Billion -9.45 -
58358 1st Commerce Bank Commercial Lending Specialization -8.46 -
17346 Decatur State Bank Agricultural Specialization -7.93 -
57917 Western National Bank Commercial Lending Specialization -7.78 Failed on 12/16/11
57186 Central Florida State Bank Commercial Lending Specialization -7.68 Failed on 1/20/12
16748 First City Bank of Florida Commercial Lending Specialization -7.50 -
16579 First Guaranty Bank and Trust Company of Jacksonville Commercial Lending Specialization -7.18 Failed on 1/27/12
35530 First Carolina State Bank Commercial Lending Specialization -7.05 -
19657 Central Progressive Bank Commercial Lending Specialization -7.00 Failed on 11/18/11
58125 Eastside Commercial Bank Commercial Lending Specialization -6.13 -
26725 EuroBank Commercial Lending Specialization -5.77 -
26759 Bank of the Eastern Shore Commercial Lending Specialization -5.08 -
57597 New City Bank Commercial Lending Specialization -4.75 -
57799 First Sound Bank Commercial Lending Specialization -4.44 -
35422 The Leaders Bank Commercial Lending Specialization -3.30 -
14194 Polk County Bank Commercial Lending Specialization -3.00 Failed on 11/18/11
57131 Beach Community Bank Commercial Lending Specialization -2.46 -
34527 Central Arizona Bank Commercial Lending Specialization -2.26 -
57369 U. S. Century Bank Commercial Lending Specialization -2.09 -
34515 Waccamaw Bank Commercial Lending Specialization -2.08 -
31495 Inter Savings Bank, fsb D/B/A Interbank, fsb Mortgage Lending Specialization -2.00 -
57096 The Royal Palm Bank of Florida Commercial Lending Specialization -1.50 -
57766 HarVest Bank of Maryland Commercial Lending Specialization -1.26 -
35372 Carolina Federal Savings Bank Commercial Lending Specialization -1.05 -
35542 CenterBank of Jacksonville, National Association Commercial Lending Specialization -0.32 -
19582 Union Bank Commercial Lending Specialization -0.15 -
10216 The RiverBank Commercial Lending Specialization -0.14 Failed on 10/07/11
57276 Bank of Las Vegas Commercial Lending Specialization -0.14 -
26680 Heritage Bank of North Florida Commercial Lending Specialization -0.03 -
57157 1st Regents Bank Commercial Lending Specialization 0.43 -
20594 Liberty Bank, F.S.B. Commercial Lending Specialization 0.82 -
32503 Plantation Federal Bank Commercial Lending Specialization 1.45 -
3036 Mile High Banks Commercial Lending Specialization 2.26 -
57087 SunFirst Bank Commercial Lending Specialization 2.39 Failed on 11/04/11
57931 Anchor Commercial Bank Commercial Lending Specialization 3.06 -
33134 Michigan Commerce Bank Commercial Lending Specialization 3.11 -
19397 Mid City Bank, Inc. Commercial Lending Specialization 3.20 Failed on 11/04/11
27986 Second Federal Savings and Loan Association of Chicago Mortgage Lending Specialization 3.30 -
34392 Decatur First Bank Commercial Lending Specialization 3.50 Failed on 10/21/11
31555 Independence Federal Savings Bank Mortgage Lending Specialization 3.67 -
29761 SCB Bank Commercial Lending Specialization 3.67 -
34707 SUNRISE BANK OF ARIZONA Commercial Lending Specialization 3.70 -
31581 American Eagle Savings Bank Mortgage Lending Specialization 4.43 Failed on 1/20/12
14794 Bank of Jackson County Commercial Lending Specialization 4.71 -
35428 SUNRISE BANK OF ALBUQUERQUE Commercial Lending Specialization 4.71 -
35299 Security Exchange Bank Commercial Lending Specialization 5.15 -
877 Bank of Eastman Commercial Lending Specialization 5.74 -
16910 Farmers Exchange Bank Commercial Lending Specialization 5.78 -
5687 Central Bank of Georgia Commercial Lending Specialization 6.23 -
35223 American Heartland Bank and Trust Commercial Lending Specialization 6.28 -
35096 Millennium Bank, National Association Commercial Lending Specialization 6.50 -
9189 Brighton Bank Commercial Lending Specialization 6.54 -
31286 First Mariner Bank Commercial Lending Specialization 6.66 -
57169 American Patriot Bank Commercial Lending Specialization 6.70 -
20685 First United Bank Commercial Lending Specialization 6.79 -
24334 Rocky Mountain Bank Commercial Lending Specialization 7.35 -
21132 Community Banks of Colorado Commercial Lending Specialization 7.56 Failed on 10/21/11
27331 Community Bank of the Ozarks Commercial Lending Specialization 8.08 -
16780 Citizens Bank & Trust Company All other < $1 Billion 8.65 -
32711 First Cherokee State Bank Commercial Lending Specialization 8.84 -
33938 Capitol City Bank & Trust Company Commercial Lending Specialization 8.87 -
21717 The Community Bank of Shell Knob All other < $1 Billion 8.96 -
35055 Metlife Bank, National Association Mortgage Lending Specialization 9.15 -
34968 Banco Popular de Puerto Rico Commercial Lending Specialization 9.51 -
27148 NOVA Bank Commercial Lending Specialization 9.51 -
9257 Farmers' and Traders' State Bank Agricultural Specialization 9.68 -
57847 Georgia Trust Bank Commercial Lending Specialization 9.80 -
57994 Northside Bank Commercial Lending Specialization 10.27 -
3019 Rocky Mountain Bank & Trust Florence Mortgage Lending Specialization 10.31 -
57627 Bank of Virginia Commercial Lending Specialization 10.53 -
30152 Milford Building and Loan Association Mortgage Lending Specialization 10.60 -
35430 OptimumBank Commercial Lending Specialization 10.69 -
35284 Cornerstone Bank Commercial Lending Specialization 10.73 -
27139 Horry County State Bank Commercial Lending Specialization 10.94 -
25795 Peoples Bank & Trust Commercial Lending Specialization 11.04 -
28243 Waukegan Savings Bank Mortgage Lending Specialization 11.07 -
28144 First East Side Savings Bank Mortgage Lending Specialization 11.25 -
5716 Farmers & Merchants Bank Commercial Lending Specialization 11.37 -
19189 Excel Bank Commercial Lending Specialization 11.46 -
23632 Palm Desert National Bank Commercial Lending Specialization 11.49 -
57531 Grand Mountain Bank, FSB Commercial Lending Specialization 11.56 -
30864 McHenry Savings Bank Consumer Lending Specialization 11.61 -
58546 ProBank Commercial Lending Specialization 11.65 -
29178 Home Savings of America Mortgage Lending Specialization 11.65 -
19849 Community South Bank Commercial Lending Specialization 12.26 -
28407 Liberty FSB Commercial Lending Specialization 12.28 -
58421 First Citizens Bank of Georgia Commercial Lending Specialization 12.29 -
57447 United American Bank Commercial Lending Specialization 12.39 -
58068 Covenant Bank & Trust Commercial Lending Specialization 12.64 -
34969 First Central Savings Bank Commercial Lending Specialization 12.68 -
9502 First State Bank Commercial Lending Specialization 12.68 -
34256 Citizens Commerce National Bank All other < $1 Billion 12.72 -
5950 Bank of Granite Commercial Lending Specialization 12.92 -
34317 Idaho Banking Company Commercial Lending Specialization 13.12 -
20290 Highland Community Bank Commercial Lending Specialization 13.13 -
57264 Affinity Bank Commercial Lending Specialization 13.13 -
22811 Brickyard Bank Commercial Lending Specialization 13.19 -
26905 The Bank of Texas Commercial Lending Specialization 13.46 -
1361 Heartland Bank Commercial Lending Specialization 13.69 -
58005 Georgia Heritage Bank Commercial Lending Specialization 14.27 -
35224 Alabama Trust Bank, National Association Commercial Lending Specialization 14.31 -
58158 CenTrust Bank, National Association Commercial Lending Specialization 14.49 -
57181 First National Bank of Baldwin County Commercial Lending Specialization 14.75 -
173 The Peoples Bank Commercial Lending Specialization 14.80 -
8205 Americana Community Bank Commercial Lending Specialization 14.92 -
27405 Putnam State Bank Commercial Lending Specialization 15.21 -
20448 Pan American Bank Mortgage Lending Specialization 15.25 -
26323 Florida Capital Bank, National Association Commercial Lending Specialization 15.64 -
57651 PATRIOTS BANK Commercial Lending Specialization 15.72 -
35451 The Bank of Commerce Commercial Lending Specialization 15.73 -
34943 First Community Bank of Southwest Florida Commercial Lending Specialization 15.84 -
32360 Eastern Savings Bank, FSB Mortgage Lending Specialization 15.89 -
58106 Riverland Bank Commercial Lending Specialization 15.97 -
33992 Premier Bank Commercial Lending Specialization 16.14 -
57072 Advantage Bank Commercial Lending Specialization 16.22 -
34789 Mountain National Bank Commercial Lending Specialization 16.42 -
59010 Community & Southern Bank Commercial Lending Specialization 16.48 -
35156 Hometown National bank Commercial Lending Specialization 16.62 -
193 The Heritage Bank Commercial Lending Specialization 16.62 -
58094 Greystone Bank Commercial Lending Specialization 16.77 -
21225 Central Virginia Bank Commercial Lending Specialization 16.88 -
35241 South Carolina Community Bank Commercial Lending Specialization 16.99 -
57158 Parkway Bank Commercial Lending Specialization 17.01 -
23156 Security Bank, National Association Commercial Lending Specialization 17.12 -
57719 Great Florida Bank Commercial Lending Specialization 17.78 -
15794 The First State Bank of Burlingame Commercial Lending Specialization 18.03 -
35419 Premier Bank Commercial Lending Specialization 18.14 -
23187 Charter National Bank and Trust Commercial Lending Specialization 18.28 -
57882 Legacy State Bank Commercial Lending Specialization 18.48 -
58405 Goldwater Bank, N.A. All other < $1 Billion 18.69 -
58247 Legacy Bank of Florida Commercial Lending Specialization 18.87 -
35009 Heritage Bank of Florida Commercial Lending Specialization 18.89 -
35513 Community Bank of Pickens County Commercial Lending Specialization 18.93 -
35259 The Bank of Georgia Commercial Lending Specialization 18.96 -
5820 State Central Bank Commercial Lending Specialization 18.96 -
33103 Gateway Bank, F.S.B. Mortgage Lending Specialization 18.98 -
35249 Gwinnett Community Bank Commercial Lending Specialization 19.06 -
29511 Stephens Federal Bank Commercial Lending Specialization 19.23 -
17557 First National Bank of Crestview Commercial Lending Specialization 19.26 -
11671 State Bank of Herscher Commercial Lending Specialization 19.54 -
4516 First Bank Commercial Lending Specialization 19.58 -
59026 Superior Bank, National Association Commercial Lending Specialization 19.69 -
33761 Village Bank Commercial Lending Specialization 19.82 -
58131 Bank of Coral Gables 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 Saturday, 28 January 2012 19:42