by

Research Reports — 31 May 2011

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 March 31, 2011. There are currently 199 banks on this list. Banks that failed after 2011 Q1 will get noted if they are on this list.

Update (6/6/11): Another list of 515 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 (8/30/11): This list will serve as the archived version and will no longer be updated.  Please consult the 2011 Q3 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 -79.99 -
58701 Pisgah Community Bank Commercial Lending Specialization -70.85 -
57625 Cortez Community Bank Commercial Lending Specialization -65.07 Failed on 04/29/11
59051 Urban Partnership Bank Commercial Lending Specialization -58.74 -
58539 First Choice Community Bank Commercial Lending Specialization -40.33 Failed on 04/29/11
57928 Hometown Community Bank Commercial Lending Specialization -26.34 -
58358 1st Commerce Bank Commercial Lending Specialization -26.33 -
19554 High Trust Bank Commercial Lending Specialization -25.36 Failed on 07/15/11
22946 Scotiabank de Puerto Rico All other > $1 Billion -21.99 -
57860 Community Bank of Rockmart Commercial Lending Specialization -19.12 -
34522 Colorado Capital Bank Commercial Lending Specialization -18.16 Failed on 07/08/11
5732 DuPage National Bank Commercial Lending Specialization -18.04 -
24099 Rosemount National Bank Commercial Lending Specialization -18.04 Failed on 04/15/11
513 Summit Bank Commercial Lending Specialization -17.74 Failed on 05/20/11
58056 Southshore Community Bank Commercial Lending Specialization -16.69 Failed on 07/22/11
35246 First Commercial Bank Commercial Lending Specialization -16.3 -
34234 Community Central Bank Commercial Lending Specialization -16.21 Failed on 04/29/11
58238 One Georgia Bank Commercial Lending Specialization -16.09 Failed on 07/15/11
10086 Western Springs National Bank and Trust Commercial Lending Specialization -15.43 Failed on 04/08/11
57835 Signature Bank Commercial Lending Specialization -14.61 Failed on 07/08/11
26297 First National Bank of Central Florida Commercial Lending Specialization -13.87 Failed on 04/29/11
58283 Virginia Business Bank Commercial Lending Specialization -13.82 Failed on 07/29/11
57759 All American Bank Commercial Lending Specialization -13.34 -
14194 Polk County Bank Commercial Lending Specialization -13.23 -
14273 Heritage Banking Group Commercial Lending Specialization -12.72 Failed on 04/15/11
35244 LandMark Bank of Florida Commercial Lending Specialization -12.27 Failed on 07/22/11
19794 Nexity Bank Commercial Lending Specialization -12.18 Failed on 04/15/11
4516 First Bank Commercial Lending Specialization -12.13 -
17750 Superior Bank Commercial Lending Specialization -12.07 Failed on 04/15/11
34130 Public Savings Bank Commercial Lending Specialization -12 Failed on 8/18/11
57593 Mountain Heritage Bank Commercial Lending Specialization -11.52 Failed on 06/24/11
34046 Global Commerce Bank Commercial Lending Specialization -11.31 -
20408 Bank of the Commonwealth Commercial Lending Specialization -11.29 -
57766 HarVest Bank of Maryland Commercial Lending Specialization -11.01 -
4879 Communityone Bank, National Association Commercial Lending Specialization -10.85 -
4744 The First National Bank of Olathe Commercial Lending Specialization -10.49 Failed on 08/12/11
35418 Nevada Commerce Bank Commercial Lending Specialization -10.22 Failed on 04/08/11
58185 Sunrise Bank Commercial Lending Specialization -9.86 -
33513 First International Bank Commercial Lending Specialization -9.44 -
21495 Bartow County Bank Commercial Lending Specialization -8.47 Failed on 04/15/11
27935 First Chicago Bank & Trust Commercial Lending Specialization -8.17 Failed on 07/08/11
58222 BankMeridian, N.A. Commercial Lending Specialization -7.48 Failed on 07/29/11
58420 Atlantic Bank and Trust Commercial Lending Specialization -6.91 -
59049 NAFH National Bank Commercial Lending Specialization -6.11 -
24677 Triad Bank, National Association Commercial Lending Specialization -6.01 -
15083 Alliant Bank All other < $1 Billion -5.93 -
5820 State Central Bank Commercial Lending Specialization -5.76 -
19252 The First State Bank Commercial Lending Specialization -5.42 -
6092 Citizens Bank of Spencer, Tenn. All other < $1 Billion -5.15 -
32347 Blue Ridge Savings Bank, Inc. Commercial Lending Specialization -4.95 -
34969 First Central Savings Bank Commercial Lending Specialization -4.87 -
57537 Old Harbor Bank Commercial Lending Specialization -4.44 -
35284 Cornerstone Bank Commercial Lending Specialization -4.34 -
57442 Summit Bank Commercial Lending Specialization -4.27 Failed on 07/15/11
34870 First Peoples Bank Commercial Lending Specialization -4.09 Failed on 07/15/11
57705 New Horizons Bank Commercial Lending Specialization -4.03 Failed on 04/15/11
35530 First Carolina State Bank Commercial Lending Specialization -3.67 -
57096 The Royal Palm Bank of Florida Commercial Lending Specialization -3.32 -
4392 Integra Bank National Association Commercial Lending Specialization -3.1 Failed on 07/29/11
27583 First Commercial Bank of Tampa Bay Commercial Lending Specialization -2.81 Failed on 06/17/11
57036 Community Capital Bank Commercial Lending Specialization -2.62 -
57213 Atlantic Southern Bank Commercial Lending Specialization -1.97 Failed on 05/20/11
57276 Bank of Las Vegas Commercial Lending Specialization -1.77 -
35527 Fort Lee Federal Savings Bank, FSB All other < $1 Billion -1.44 -
26725 EuroBank Commercial Lending Specialization -0.02 -
35428 SUNRISE BANK OF ALBUQUERQUE Commercial Lending Specialization 0.07 -
58273 Patriot Bank of Georgia Commercial Lending Specialization 0.07 -
58499 First Asian Bank Commercial Lending Specialization 0.46 -
5687 Central Bank of Georgia Commercial Lending Specialization 0.48 -
57647 First Georgia Banking Company Commercial Lending Specialization 0.53 Failed on 05/20/11
19237 McIntosh State Bank Commercial Lending Specialization 0.9 Failed on 06/17/11
16748 First City Bank of Florida Commercial Lending Specialization 1.25 -
10055 The Patterson Bank Commercial Lending Specialization 2.91 -
57239 First Southern National Bank Commercial Lending Specialization 3.4 Failed on 8/19/11
23187 Charter National Bank and Trust Commercial Lending Specialization 3.95 -
16579 First Guaranty Bank and Trust Company of Jacksonville Commercial Lending Specialization 3.99 -
14794 Bank of Jackson County Commercial Lending Specialization 4.06 -
58158 CenTrust Bank, National Association Commercial Lending Specialization 4.45 -
32489 HomeStreet Bank Commercial Lending Specialization 4.52 -
31495 Inter Savings Bank, fsb D/B/A Interbank, fsb Mortgage Lending Specialization 4.55 -
26759 Bank of the Eastern Shore Commercial Lending Specialization 4.79 -
34968 Banco Popular de Puerto Rico Commercial Lending Specialization 5.08 -
2994 Bank of Choice Commercial Lending Specialization 5.29 Failed on 07/22/11
23626 First Heritage Bank Commercial Lending Specialization 5.56 Failed on 05/27/11
34527 Central Arizona Bank Commercial Lending Specialization 5.79 -
33134 Michigan Commerce Bank Commercial Lending Specialization 6.07 -
5716 Farmers & Merchants Bank Commercial Lending Specialization 6.32 -
17557 First National Bank of Crestview Commercial Lending Specialization 6.58 -
58247 Legacy Bank of Florida Commercial Lending Specialization 6.69 -
22536 FirstSecure Bank and Trust Co. Commercial Lending Specialization 7.86 -
34775 EverBank Mortgage Lending Specialization 7.92 -
58405 Goldwater Bank, N.A. Other Specialized < $1 Billion 7.95 -
22811 Brickyard Bank Commercial Lending Specialization 8.16 -
57917 Western National Bank Commercial Lending Specialization 8.2 -
35396 Bank of Naples Commercial Lending Specialization 8.31 -
34707 SUNRISE BANK OF ARIZONA Commercial Lending Specialization 8.37 -
35299 Security Exchange Bank Commercial Lending Specialization 8.68 -
35096 Millennium Bank, National Association Commercial Lending Specialization 8.73 -
58343 Premier Community Bank of the Emerald Coast Commercial Lending Specialization 8.83 -
5950 Bank of Granite Commercial Lending Specialization 8.93 -
32503 Plantation Federal Bank Commercial Lending Specialization 8.97 -
34392 Decatur First Bank Commercial Lending Specialization 9.02 -
57031 Champion Bank Commercial Lending Specialization 9.21 -
19869 BankEast Commercial Lending Specialization 9.21 -
59028 CertusBank, National Association Commercial Lending Specialization 9.32 -
21132 Community Banks of Colorado Commercial Lending Specialization 9.32 -
58029 Sunrise Bank Commercial Lending Specialization 9.41 -
19023 Heritage First Bank All other < $1 Billion 9.51 -
58005 Georgia Heritage Bank Commercial Lending Specialization 9.62 -
57169 American Patriot Bank Commercial Lending Specialization 9.96 -
27986 Second Federal Savings and Loan Association of Chicago Mortgage Lending Specialization 10.16 -
10216 The RiverBank Commercial Lending Specialization 10.24 -
57847 Georgia Trust Bank Commercial Lending Specialization 10.34 -
58046 First State Bank Commercial Lending Specialization 10.41 -
31581 American Eagle Savings Bank Mortgage Lending Specialization 10.42 -
57994 Northside Bank Commercial Lending Specialization 10.42 -
23632 Palm Desert National Bank Commercial Lending Specialization 10.8 -
58034 First Capital Bank Commercial Lending Specialization 10.85 -
33198 Fidelity Bank of Florida, National Association Commercial Lending Specialization 10.85 -
25795 Peoples Bank & Trust Commercial Lending Specialization 10.96 -
57719 Great Florida Bank Commercial Lending Specialization 10.97 -
58226 CreekSide Bank Commercial Lending Specialization 11.02 -
15794 The First State Bank of Burlingame Commercial Lending Specialization 11.22 -
28243 Waukegan Savings Bank Mortgage Lending Specialization 11.5 -
29761 SCB BANK Commercial Lending Specialization 11.86 -
22528 Bank of Whitman Commercial Lending Specialization 12.13 Failed on 8/5/11
9502 First State Bank Commercial Lending Specialization 12.47 -
31286 First Mariner Bank Commercial Lending Specialization 12.51 -
57799 First Sound Bank Commercial Lending Specialization 12.61 -
35513 Community Bank of Pickens County Commercial Lending Specialization 13.01 -
19849 Community South Bank Commercial Lending Specialization 13.04 -
32711 First Cherokee State Bank Commercial Lending Specialization 13.24 -
27148 NOVA Bank Commercial Lending Specialization 13.29 -
34613 Builders Bank Commercial Lending Specialization 13.55 -
20290 Highland Community Bank Commercial Lending Specialization 13.6 -
35395 Country Bank Commercial Lending Specialization 13.7 -
34256 Citizens Commerce National Bank Commercial Lending Specialization 13.85 -
58421 First Citizens Bank of Georgia Commercial Lending Specialization 13.88 -
34898 Coastal Bank Commercial Lending Specialization 13.88 Failed on 05/06/11
11297 The Woodbury Banking Company All other < $1 Billion 14.02 -
57157 1st Regents Bank Commercial Lending Specialization 14.04 -
20594 Liberty Bank, F.S.B. Commercial Lending Specialization 14.24 -
178 Talbot State Bank Mortgage Lending Specialization 14.35 -
57884 Superior Bank Commercial Lending Specialization 14.47 -
57212 First Choice Bank Commercial Lending Specialization 14.64 Failed on 8/19/11
28139 Security Savings Bank, SSB Commercial Lending Specialization 14.7 -
30394 Carver Federal Savings Bank Commercial Lending Specialization 14.89 -
33938 Capitol City Bank & Trust Company Commercial Lending Specialization 15.03 -
58066 Gold Canyon Bank Commercial Lending Specialization 15.36 -
31555 Independence Federal Savings Bank Mortgage Lending Specialization 15.49 -
9064 PlantersFIRST Commercial Lending Specialization 15.5 -
27331 Community Bank of the Ozarks Commercial Lending Specialization 15.52 -
32532 South Georgia Bank Commercial Lending Specialization 15.53 -
16152 The Peoples Bank Commercial Lending Specialization 15.61 -
29979 AnchorBank, fsb Commercial Lending Specialization 15.75 -
57597 New City Bank Commercial Lending Specialization 15.84 -
21111 City National Bank of New Jersey Commercial Lending Specialization 15.9 -
16375 HomeStar Bank and Financial Services Commercial Lending Specialization 15.92 -
10925 Midwest Community Bank Agricultural Specialization 15.99 -
30864 McHenry Savings Bank All other < $1 Billion 16.09 -
13664 Community Bank of Central Wisconsin Commercial Lending Specialization 16.44 -
33992 Premier Bank Commercial Lending Specialization 16.46 -
20685 First United Bank Commercial Lending Specialization 16.46 -
34317 Idaho Banking Company Commercial Lending Specialization 16.55 -
19328 Seaway Bank and Trust Company Commercial Lending Specialization 16.55 -
30846 Heritage Bank Commercial Lending Specialization 16.64 -
5694 PrimeSouth Bank Commercial Lending Specialization 16.96 -
21649 Douglas County Bank Commercial Lending Specialization 17.06 -
58068 Covenant Bank & Trust Commercial Lending Specialization 17.21 -
1056 Glasgow Savings Bank Agricultural Specialization 17.35 -
22637 Bank of Shorewood Commercial Lending Specialization 17.45 Failed on 8/5/11
20761 Heritage First Bank Commercial Lending Specialization 17.52 -
27139 Horry County State Bank Commercial Lending Specialization 17.75 -
9719 Oxford Bank Commercial Lending Specialization 17.8 -
57256 Piedmont Community Bank Commercial Lending Specialization 17.92 -
15904 The Four County Bank Commercial Lending Specialization 17.95 -
30152 Milford Building and Loan Association Mortgage Lending Specialization 17.99 -
35055 Metlife Bank, National Association Mortgage Lending Specialization 18.02 -
34112 Premier Bank Commercial Lending Specialization 18.06 -
35356 Lydian Private Bank Mortgage Lending Specialization 18.08 Failed on 8/19/11
21225 Central Virginia Bank Commercial Lending Specialization 18.31 -
57131 Beach Community Bank Commercial Lending Specialization 18.55 -
35249 Gwinnett Community Bank Commercial Lending Specialization 18.66 -
35386 Banks of Wisconsin Commercial Lending Specialization 18.67 -
16240 Jasper Banking Company Commercial Lending Specialization 18.71 -
20115 Sun Security Bank Commercial Lending Specialization 18.96 -
22476 Covenant Bank Commercial Lending Specialization 19.08 -
58094 Greystone Bank Commercial Lending Specialization 19.11 -
58125 Eastside Commercial Bank Commercial Lending Specialization 19.22 -
8205 Americana Community Bank Commercial Lending Specialization 19.55 -
57252 First Chatham Bank Commercial Lending Specialization 19.58 -
58004 Tri-Valley Bank Commercial Lending Specialization 19.58 -
34983 Northern Star Bank Commercial Lending Specialization 19.6 -
26816 Liberty Bank, Inc. All other < $1 Billion 19.7 -
5691 Farmers State Bank All other < $1 Billion 19.71 -
33883 Fidelity Bank Commercial Lending Specialization 19.72 -
19397 Mid City Bank, Inc. Commercial Lending Specialization 19.91 -
3134 First Bank and Trust of Childress Commercial Lending Specialization 19.91 -
58106 Riverland Bank Commercial Lending Specialization 19.94 -

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.

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Mark Liu

Mark is responsible for the recruitment of talents and leads the research efforts at Money Economics. He has undergraduate degrees in math and economics and a graduate education in mathematical sciences.

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