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ets have failed. The list below is based on assets at the time of failure of banks insured by the Federal Deposit Insurance Corporation.[1][2]
Bank | City | State | Year | Assets at time of failure | Ref. | |
|---|---|---|---|---|---|---|
Nominal | Inflation-adjusted (2021) | |||||
2008 | $307 billion | $386 billion | ||||
2023 | $229 billion | $229 billion | ||||
2023 | $209 billion | $209 billion | ||||
2023 | $118 billion | $118 billion | ||||
1984 | $40.0 billion | $104 billion | ||||
1988 | $32.5 billion | $74 billion | ||||
1988 | $30.2 billion | $69 billion | ||||
1991 | $21.7 billion | $43 billion | ||||
2008 | $32.0 billion | $40 billion | ||||
1989 | $18.5 billion | $40 billion | ||||
1989 | $15.1 billion | $33 billion | ||||
2009 | $25.0 billion | $32 billion | ||||
First City National Bank | 1988 | $13.0 billion | $30 billion | |||
1992 | $12.2 billion | $24 billion | ||||
FBOP Corp banking subsidiaries | 2009 | $18.4 billion | $23 billion | |||
1991 | $10.5 billion | $21 billion | ||||
City Federal Savings and Loan | 1989 | $9.8 billion | $21 billion | |||
Goldome | 1991 | $9.9 billion | $20 billion | |||
Imperial Federal Savings Assoc. | 1990 | $9.6 billion | $20 billion | |||
1974 | $3.7 billion | $20 billion | ||||
1991 | $9.5 billion | $19 billion | ||||
1990 | $8.2 billion | $17 billion | ||||
1990 | $8.2 billion | $17 billion | ||||
2009 | $13.0 billion | $16 billion | ||||
Downey Savings and Loan | 2008 | $12.8 billion | $16 billion | |||
BankUnited FSB | 2009 | $12.8 billion | $16 billion | |||
2009 | $12.0 billion | $15 billion | ||||
2010 | $11.9 billion | $15 billion | ||||
1988 | $6.5 billion | $15 billion | ||||
2009 | $11.2 billion | $14 billion | ||||
Crossland Savings Bank | 1992 | $7.4 billion | $14 billion | |||
1991 | $7.2 billion | $14 billion | ||||
1990 | $6.3 billion | $13 billion | ||||
Sunbelt Savings | 1991 | $6.0 billion | $12 billion | |||
1989 | $5.7 billion | $12 billion | ||||
Columbia Savings & Loan Assn. | 1991 | $5.4 billion | $11 billion | |||
1989 | $4.9 billion | $11 billion | ||||
2009 | $7.8 billion | $9.9 billion | ||||
2009 | $7.0 billion | $8.8 billion | ||||
1973 | $1.3 billion | $7.9 billion | ||||
2009 | $6.1 billion | $7.7 billion | ||||
R-G Premier Bank of Puerto Rico | 2010 | $5.9 billion | $7.3 billion | |||
2015 | $5.9 billion | $6.7 billion | ||||
Franklin Bank | 2008 | $5.1 billion | $6.4 billion | |||
Silverton Bank | 2009 | $4.1 billion | $5.2 billion | |||
Imperial Capital Bank | 2009 | $4.0 billion | $5.1 billion | |||
PFF Bank & Trust | 2008 | $3.7 billion | $4.7 billion | |||
La Jolla Bank | 2010 | $3.6 billion | $4.5 billion | |||
Frontier Bank | 2010 | $3.5 billion | $4.3 billion | |||
First National Bank of Nevada | 2008 | $3.4 billion | $4.3 billion | |||
2010 | $3.4 billion | $4.2 billion | ||||
Riverside National Bank of Florida | 2010 | $3.4 billion | $4.2 billion | |||
Midwest Bank and Trust Company | 2010 | $3.2 billion | $4 billion | |||
First National Bank, also operating as The National Bank of El Paso | 2013 | $3.1 billion | $3.6 billion | |||
Superior Bank | 2011 | $3.0 billion | $3.6 billion | |||
TierOne Bank | 2010 | $2.8 billion | $3.5 billion | |||
Irwin Union Bank and Trust Company | 2009 | $2.7 billion | $3.4 billion | |||
Orion Bank | 2009 | $2.7 billion | $3.4 billion | |||
2010 | $2.6 billion | $3.2 billion | ||||
First Community Bank | 2011 | $2.3 billion | $2.8 billion | |||
2011 | $2.2 billion | $2.7 billion | ||||
ANB Financial | 2008 | $2.1 billion | $2.6 billion | |||
First Regional Bank | 2010 | $2.1 billion | $2.6 billion | |||
ShoreBank | 2010 | $2.1 billion | $2.6 billion | |||
Silver State Bank | 2008 | $2.0 billion | $2.5 billion | |||
New Frontier Bank | 2009 | $2.0 billion | $2.5 billion | |||
Georgian Bank | 2009 | $2.0 billion | $2.5 billion | |||
Vineyard Bank | 2009 | $1.9 billion | $2.4 billion | |||
Peoples First Community Bank | 2009 | $1.8 billion | $2.3 billion | |||
County Bank | 2009 | $1.7 billion | $2.1 billion | |||
Hillcrest Bank | 2010 | $1.6 billion | $2 billion | |||
2010 | $1.6 billion | $2 billion | ||||
CF Bancorp | 2010 | $1.6 billion | $2 billion | |||
Mutual Bank | 2009 | $1.6 billion | $2 billion | |||
Hamilton Bank | 2002 | $1.3 billion | $2 billion | |||
Community Bank of Nevada | 2009 | $1.5 billion | $1.9 billion | |||
First Bank of Beverly Hills | 2009 | $1.5 billion | $1.9 billion | |||
Temecula Valley Bank | 2009 | $1.5 billion | $1.9 billion | |||
New South Federal Savings Bank | 2009 | $1.5 billion | $1.9 billion | |||
Community Banks of Colorado | 2011 | $1.4 billion | $1.7 billion | |||
Horizon Bank | 2010 | $1.3 billion | $1.6 billion | |||
Premier Bank | 2010 | $1.2 billion | $1.5 billion | |||
2010 | $1.2 billion | $1.5 billion | ||||
Security Bank of Bibb County | 2009 | $1.2 billion | $1.5 billion | |||
Charter Bank | 2010 | $1.2 billion | $1.5 billion | |||
Alliance Bank | 2009 | $1.1 billion | $1.4 billion | |||
City Bank | 2010 | $1.1 billion | $1.4 billion | |||
Columbia River Bank | 2010 | $1.1 billion | $1.4 billion | |||
Community Bank and Trust | 2010 | $1.1 billion | $1.4 billion | |||
Integrity Bank | 2008 | $1.1 billion | $1.4 billion | |||
Affinity Bank | 2009 | $1.0 billion | $1.3 billion | |||
Appalachian Community Bank | 2010 | $1.0 billion | $1.2 billion | |||
See also[edit]
- List of bank failures in the United States (2008–present)
- List of banks acquired or bankrupted in the United States during the 2007–2008 financial crisis
- Too big to fail
References[edit]
- ^ Palumbo, Angela; Vanjani, Karishma; English, Carleton (March 9, 2023). "Silicon Valley Bank Shut Down, Biggest Bank to Fail Since Financial Crisis". Barron's. Retrieved March 14, 2023.
- ^ "Status of Washington Mutual Bank Receivership". FDIC. Retrieved March 14, 2023.
- ^ Jump up to:a b Comlay, Elinor; Stempel, Jonathan (September 25, 2009). "WaMu is largest U.S. bank failure". Reuters.
- ^ "JPMorgan Chase Bank, National Association, Columbus, Ohio Assumes All the Deposits of First Republic Bank, San Francisco, California". FDIC. Retrieved May 1, 2023.
- ^ Jump up to:a b c Brooks, Khristopher J.; Dakss, Brian (May 1, 2023). "Troubled First Republic Bank seized and sold to JPMorgan Chase". CBS MoneyWatch.
- ^ Flitter, Emily; Copeland, Rob (March 10, 2023). "Silicon Valley Bank Fails After Run on Deposits". The New York Times. ISSN 0362-4331. Retrieved March 11, 2023.
- ^ "Joint Statement by Treasury, Federal Reserve, and FDIC". The Federal Reserve Board. March 2023.
- ^ Haltom, Renee (May 1984). "Failure of Continental Illinois". Federal Reserve History.
- ^ Jump up to:a b "Ending "Too Big to Fail"". Federal Reserve. March 4, 2013.
- ^ Russell, Karl; Zhang, Christine (March 11, 2023). "The Second-Biggest Bank Failure". The New York Times. ISSN 0362-4331. Retrieved March 11, 2023.
- ^ "Colonial Bank dissolved, marking 2009's biggest bank failure". France 24. August 15, 2009.
- ^ Jump up to:a b c Sherter, Alain (September 12, 2009). "Corus Seized in Fourth-Largest Bank Failure This Year". CBS MoneyWatch.
- ^ Wright, Robert (October 22, 1973). "Dubious Loans Led To Bank's Collapse". The New York Times. Retrieved April 8, 2023.
- ^ Kuriloff, Aaron (February 28, 2015). "Doral Bank Fails After Years of Tumult". Wall Street Journal. Retrieved April 8, 2023.
- ^ Danner, Patrick (September 13, 2013). "Edinburg bank is closed by the feds and sold". My San Antonio. Retrieved April 8, 2023.
- ^ Amy, Jeff (April 16, 2011). "Superior and Nexity banks seized by regulators". Al.com. Retrieved April 8, 2023.
External links[edit]
- Failed banks since 2000
- Neufeld, Dorothy (March 14, 2023). "The Largest U.S. Bank Failures in Modern History". Visual Capitalist.