Failed Bank List 2012
Written by as part of Failure Analysis
Following are the banks that have failed thus far in 2012. Estimated cost to the FDIC Deposit Insurance Fund in parentheses.
7. BankEast, Knoxville, TN, January 27 ($75.6 million)
6. Patriot Bank Minnesota, Forrest Lake, MN, January 27 ($32.6 million)
5. Tennessee Commerce Bank, Franklin, TN, January 27 ($416.8 million)
4. First Guaranty Bank and Trust Company, Jacksonville, FL, January 27 ($82.0 million)
3. American Eagle Savings Bank, Boothwyn, PA, January 20 ($3.2 million)
2. The First State Bank, Stockbridge, GA, January 20 ($216.2 million)
1. Central Florida State Bank, Belleview, FL, January 20 ($24.4 million)
This article last updated on January 27, 2012.
See also:
Failed Bank List 2011
Failed Bank List 2010
Failed Bank List 2009
Jimmy Carter’s “Malaise” Speech
Disappearing Ink
Exponent: The Company That Failure Built
That Used To Be Us (January/12)
Remedy and Reaction (December/11)
The End (December/11)
