2012 Q1 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 December 31, 2011. There are currently 190 banks on this list. Banks that failed after 2011 Q4 will get noted if they are on this list.

Update (3/05/12): Another list of 394 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
4063 MidFirst Bank Commercial Lending Specialization -95.24 -
59051 Urban Partnership Bank Commercial Lending Specialization -94.59 -
35296 Tennessee Commerce Bank Commercial Lending Specialization -70.29 Failed on 01/27/12
25330 United Central Bank Commercial Lending Specialization -66.88 -
57597 New City Bank Commercial Lending Specialization -62.07 Failed on 3/9/12
34775 EverBank Mortgage Lending Specialization -55.52 -
34046 Global Commerce Bank Commercial Lending Specialization -46.37 Failed on 03/02/12
9257 Farmers' and Traders' State Bank Agricultural Specialization -46.12 -
5732 DuPage National Bank Commercial Lending Specialization -32.71 -
16431 Frontier Bank Commercial Lending Specialization -31.80 -
24677 Triad Bank, National Association Commercial Lending Specialization -31.26 -
416 First Capital Bank Commercial Lending Specialization -30.51 -
1056 Glasgow Savings Bank Agricultural Specialization -29.98 -
35527 Fort Lee Federal Savings Bank, FSB All other < $1 Billion -21.42 Failed on 4/20/12
26725 EuroBank Commercial Lending Specialization -21.26 -
22946 Scotiabank de Puerto Rico All other > $1 Billion -20.53 -
19869 BankEast Commercial Lending Specialization -19.01 Failed on 01/27/12
19252 The First State Bank Commercial Lending Specialization -18.37 Failed on 01/20/12
35299 Security Exchange Bank Commercial Lending Specialization -18.09 -
20448 Pan American Bank Mortgage Lending Specialization -15.32 -
29761 SCB Bank Commercial Lending Specialization -13.32 Failed on 02/10/12
29178 Home Savings of America Mortgage Lending Specialization -12.91 Failed on 02/24/12
57186 Central Florida State Bank Commercial Lending Specialization -12.57 Failed on 01/20/12
23187 Charter National Bank and Trust Commercial Lending Specialization -12.52 Failed on 02/10/12
31495 Inter Savings Bank, fsb D/B/A Interbank, fsb Mortgage Lending Specialization -11.84 Failed on 4/27/12
58701 Pisgah Community Bank Commercial Lending Specialization -10.51 -
19498 Montgomery Bank & Trust Commercial Lending Specialization -9.35 -
5687 Central Bank of Georgia Commercial Lending Specialization -8.77 Failed on 02/24/12
16579 First Guaranty Bank and Trust Company of Jacksonville Commercial Lending Specialization -8.65 Failed on 01/27/12
27405 Putnam State Bank Commercial Lending Specialization -7.57 -
58073 GulfSouth Private Bank Commercial Lending Specialization -6.74 -
35312 First CornerStone Bank Commercial Lending Specialization -6.55 -
58358 1st Commerce Bank Commercial Lending Specialization -6.55 -
57131 Beach Community Bank Commercial Lending Specialization -6.30 -
57766 HarVest Bank of Maryland Commercial Lending Specialization -6.19 Failed on 4/27/12
27986 Second Federal Savings and Loan Association of Chicago Mortgage Lending Specialization -5.88 -
35396 Bank of Naples Commercial Lending Specialization -5.26 -
5716 Farmers & Merchants Bank Commercial Lending Specialization -5.15 -
169 First National Bank of Griffin Commercial Lending Specialization -4.87 -
58158 CenTrust Bank, National Association Commercial Lending Specialization -4.83 -
58185 Sunrise Bank Commercial Lending Specialization -3.98 -
35419 Premier Bank Commercial Lending Specialization -2.43 Failed on 3/23/12
57157 1st Regents Bank Commercial Lending Specialization -1.77 -
34527 Central Arizona Bank Commercial Lending Specialization -1.62 -
16748 First City Bank of Florida Commercial Lending Specialization -1.02 -
58421 First Citizens Bank of Georgia Commercial Lending Specialization -0.38 -
57096 The Royal Palm Bank of Florida Commercial Lending Specialization -0.20 -
58546 ProBank Commercial Lending Specialization 0.10 -
31581 American Eagle Savings Bank Mortgage Lending Specialization 0.47 Failed on 01/20/12
35530 First Carolina State Bank Commercial Lending Specialization 0.63 -
32503 Plantation Federal Bank Commercial Lending Specialization 0.69 Failed on 4/27/12
23156 Security Bank, National Association Commercial Lending Specialization 1.04 Failed on 5/4/12
34515 Waccamaw Bank Commercial Lending Specialization 1.24 -
35050 TransCapital Bank Commercial Lending Specialization 1.27 -
23632 Palm Desert National Bank Commercial Lending Specialization 2.40 Failed on 4/27/12
35096 Millennium Bank, National Association Commercial Lending Specialization 2.49 -
35246 First Commercial Bank Commercial Lending Specialization 2.51 -
58068 Covenant Bank & Trust Commercial Lending Specialization 2.59 Failed on 3/23/12
3036 Mile High Banks Commercial Lending Specialization 3.61 -
30152 Milford Building and Loan Association Mortgage Lending Specialization 3.64 -
57763 Mountain 1st Bank & Trust Company Commercial Lending Specialization 3.81 -
57169 American Patriot Bank Commercial Lending Specialization 3.84 -
35451 The Bank of Commerce Commercial Lending Specialization 3.87 -
57276 Bank of Las Vegas Commercial Lending Specialization 3.87 -
20594 Liberty Bank, F.S.B. Commercial Lending Specialization 4.21 -
14794 Bank of Jackson County Commercial Lending Specialization 4.29 -
31286 First Mariner Bank Commercial Lending Specialization 4.35 -
24334 Rocky Mountain Bank Commercial Lending Specialization 4.35 -
26759 Bank of the Eastern Shore Commercial Lending Specialization 4.41 Failed on 4/27/12
35422 The Leaders Bank Commercial Lending Specialization 5.11 -
10055 The Patterson Bank Commercial Lending Specialization 5.13 -
35224 Alabama Trust Bank, National Association Commercial Lending Specialization 5.26 Failed on 5/18/12
35156 Hometown National bank Commercial Lending Specialization 5.43 -
35055 Metlife Bank, National Association Mortgage Lending Specialization 5.56 -
58194 Homebanc National Association Mortgage Lending Specialization 5.76 -
19849 Community South Bank Commercial Lending Specialization 5.82 -
35172 Boundary Waters Bank Commercial Lending Specialization 6.32 -
34823 Patriot Bank Minnesota Commercial Lending Specialization 6.40 Failed on 01/27/12
193 The Heritage Bank Commercial Lending Specialization 6.52 -
877 Bank of Eastman Commercial Lending Specialization 6.72 -
34112 Premier Bank Commercial Lending Specialization 6.77 -
59028 CertusBank, National Association Commercial Lending Specialization 6.91 -
31555 Independence Federal Savings Bank Mortgage Lending Specialization 7.22 -
35428 SUNRISE BANK OF ALBUQUERQUE Commercial Lending Specialization 7.38 -
33134 Michigan Commerce Bank Commercial Lending Specialization 7.58 -
35372 Carolina Federal Savings Bank Commercial Lending Specialization 7.59 -
3019 Rocky Mountain Bank & Trust Florence Mortgage Lending Specialization 7.98 -
9502 First State Bank Commercial Lending Specialization 8.15 -
33997 Westside Community Bank Commercial Lending Specialization 8.38 -
27331 Community Bank of the Ozarks Commercial Lending Specialization 8.41 -
33938 Capitol City Bank & Trust Company Commercial Lending Specialization 8.46 -
25795 Peoples Bank & Trust Commercial Lending Specialization 8.65 -
34738 Frontier Bank, FSB Commercial Lending Specialization 8.91 -
26323 Florida Capital Bank, National Association Commercial Lending Specialization 8.99 -
22138 Rabun County Bank Commercial Lending Specialization 9.12 -
34908 Pinnacle Bank Commercial Lending Specialization 9.14 -
27148 NOVA Bank Commercial Lending Specialization 9.19 -
32711 First Cherokee State Bank Commercial Lending Specialization 9.32 -
15083 Alliant Bank Other Specialized < $1 Billion 9.38 -
57847 Georgia Trust Bank Commercial Lending Specialization 9.54 -
178 Talbot State Bank Mortgage Lending Specialization 9.69 -
34968 Banco Popular de Puerto Rico Commercial Lending Specialization 9.81 -
28243 Waukegan Savings Bank Mortgage Lending Specialization 9.84 -
34707 SUNRISE BANK OF ARIZONA Commercial Lending Specialization 9.93 -
30864 McHenry Savings Bank Consumer Lending Specialization 9.93 -
58106 Riverland Bank Commercial Lending Specialization 10.12 -
925 The State Bank of Geneva Commercial Lending Specialization 10.39 -
34789 Mountain National Bank Commercial Lending Specialization 10.41 -
27316 Truman Bank Commercial Lending Specialization 10.54 -
33832 First Community Bank of the Ozarks Commercial Lending Specialization 10.54 -
26680 Heritage Bank of North Florida Commercial Lending Specialization 10.82 -
57842 Lone Summit Bank Commercial Lending Specialization 10.91 -
27139 Horry County State Bank Commercial Lending Specialization 11.43 -
32360 Eastern Savings Bank, FSB Mortgage Lending Specialization 11.47 -
17346 Decatur State Bank Agricultural Specialization 11.51 -
58129 Reliance Bank, FSB Commercial Lending Specialization 11.54 -
57158 Parkway Bank Commercial Lending Specialization 12.26 -
34256 Citizens Commerce National Bank All other < $1 Billion 12.32 -
21717 The Community Bank of Shell Knob All other < $1 Billion 12.75 -
15794 The First State Bank of Burlingame Commercial Lending Specialization 12.78 -
57181 First National Bank of Baldwin County Commercial Lending Specialization 12.78 -
90286 Stoneham Savings Bank Commercial Lending Specialization 12.79 -
21225 Central Virginia Bank Commercial Lending Specialization 12.80 -
35513 Community Bank of Pickens County Commercial Lending Specialization 12.84 -
173 The Peoples Bank Commercial Lending Specialization 12.85 -
57928 Hometown Community Bank Commercial Lending Specialization 12.86 -
29979 AnchorBank, fsb Commercial Lending Specialization 13.06 -
35376 Friends Bank Commercial Lending Specialization 13.12 -
57369 U. S. Century Bank Commercial Lending Specialization 13.17 -
22476 Covenant Bank Commercial Lending Specialization 13.32 -
1361 Heartland Bank Commercial Lending Specialization 13.57 -
57564 Gulf Coast Community Bank Commercial Lending Specialization 13.59 -
35241 South Carolina Community Bank Commercial Lending Specialization 13.85 -
9189 Brighton Bank Commercial Lending Specialization 14.09 -
29511 Stephens Federal Bank Commercial Lending Specialization 14.16 -
57931 Anchor Commercial Bank Commercial Lending Specialization 14.19 -
35284 Cornerstone Bank Commercial Lending Specialization 14.42 -
33992 Premier Bank Commercial Lending Specialization 14.76 -
16240 Jasper Banking Company Commercial Lending Specialization 14.79 -
22536 FirstSecure Bank and Trust Co. Commercial Lending Specialization 14.93 -
58034 Chipola Community Bank Commercial Lending Specialization 15.10 -
14370 First National Bank in Howell Commercial Lending Specialization 15.11 -
3134 First Bank and Trust of Childress Commercial Lending Specialization 15.24 -
58405 Goldwater Bank, N.A. All other < $1 Billion 15.29 -
3731 Citizens First National Bank Commercial Lending Specialization 15.30 -
19189 Excel Bank Commercial Lending Specialization 15.35 -
11297 The Woodbury Banking Company All other < $1 Billion 15.47 -
57994 Northside Bank Commercial Lending Specialization 15.79 -
58066 Gold Canyon Bank Commercial Lending Specialization 15.82 -
35009 Heritage Bank of Florida Commercial Lending Specialization 15.89 -
34317 Idaho Banking Company Commercial Lending Specialization 16.02 -
57882 Legacy State Bank Commercial Lending Specialization 16.11 -
35249 Gwinnett Community Bank Commercial Lending Specialization 16.29 -
28407 Liberty FSB Commercial Lending Specialization 16.4 -
20685 First United Bank Commercial Lending Specialization 16.51 -
35386 Banks of Wisconsin Commercial Lending Specialization 16.58 -
27447 The Foster Bank Commercial Lending Specialization 16.60 -
33883 Fidelity Bank Commercial Lending Specialization 16.84 Failed on 03/30/12
28139 Security Savings Bank, SSB All other < $1 Billion 16.97 -
399 The First State Bank Agricultural Specialization 17.01 -
5365 Eagle Valley Bank, National Association Commercial Lending Specialization 17.03 -
34903 Bank of the Carolinas Commercial Lending Specialization 17.29 -
5820 State Central Bank Commercial Lending Specialization 17.36 -
1701 Peoples State Bank of Commerce Commercial Lending Specialization 17.39 -
30951 Texas Savings Bank Commercial Lending Specialization 17.49 -
34296 Syringa Bank Commercial Lending Specialization 17.49 -
5691 Farmers State Bank All other < $1 Billion 17.65 -
57799 First Sound Bank Commercial Lending Specialization 17.81 -
35027 CornerstoneBank Commercial Lending Specialization 17.86 -
34983 Northern Star Bank Commercial Lending Specialization 17.90 -
34517 Peoples Bank of East Tennessee Commercial Lending Specialization 17.99 -
8205 Americana Community Bank Commercial Lending Specialization 18.01 -
9499 The Citizens Bank of East Tennessee Commercial Lending Specialization 18.18 -
16910 Farmers Exchange Bank Commercial Lending Specialization 18.22 -
16375 HomeStar Bank and Financial Services All other < $1 Billion 18.24 -
28144 First East Side Savings Bank Mortgage Lending Specialization 18.58 -
35165 Community First Bank & Trust Commercial Lending Specialization 18.59 -
11716 Hartsburg State Bank Agricultural Specialization 18.87 -
21649 Douglas County Bank Commercial Lending Specialization 18.88 -
35151 New Millennium Bank Commercial Lending Specialization 18.95 -
22756 People's Bank and Trust Company of Pickett County All other < $1 Billion 18.98 -
34439 East Coast Community Bank Commercial Lending Specialization 19.09 -
34969 First Central Savings Bank Commercial Lending Specialization 19.12 -
30003 Guaranty Bank Mortgage Lending Specialization 19.24 -
4862 NBRS Financial Commercial Lending Specialization 19.26 -
12515 Securant Bank & Trust Commercial Lending Specialization 19.40 -
29539 Diamond Bank, FSB Commercial Lending Specialization 19.47 -
13718 Wells Fargo Bank Northwest, National Association Consumer Lending Specialization 19.60 -
58347 WestSide Bank Commercial Lending Specialization 19.74 -
16780 Citizens Bank & Trust Company All other < $1 Billion 19.81 -


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 Monday, 21 May 2012 15:16