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Published November 2, 2009 at 1:26 PM
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 It looks like bank failures are picking up. The Federal Deposit Insurance Corp. has closed about 10 banks a month so far this year, but that number is growing. The FDIC closed nine banks this weekend alone -- plus commercial lender CIT Group Inc. (NYSE:CIT) filed for bankruptcy. That brings the total number of banks that have failed this year to 115. The nine banks were all owned by parent company FBOP Corp. of Oak Park, Ill. The banks closed were Community Bank of Lemont in Lemont, Ill.; North Houston Bank in
Houston; Madisonville State Bank in Madisonville, Texas; Bank USA NA in Phoenix; California National
Bank in Los Angeles; San Diego National Bank in San Diego; Pacific
National Bank in San Francisco; Park National Bank in Chicago; and Citizens
National Bank in Teague, Texas. The banks had combined assets of $19.4 billion and deposits of $15.4 billion. U.S. Bancorp's (NYSE:USB) subsidiary U.S. Bank NA of Minneapolis assumed all the deposits and most of the assets of all nine institutions. U.S. Bancorp is one of the regional banks benefiting the most from the crisis, notes a recent feature story in The Deal magazine. This weekend's failures cost the FDIC's deposit insurance fund $2.5 billion. There reportedly are 416 banks on the FDIC's "problem" list. CreditSights predicts that 1,100 banks could fail between 2008 and 2011, according to MarketWatch. So far in the last two years only 140 banks have failed. In October, 20 banks failed, and if that pace continues, then it is likely we could reach over 150 failures by the end of the year. - Maria Woehr:
- North Houston Bank Houston TX October 30, 2009
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Madisonville State Bank Madisonville TX October 30, 2009
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Citizens National Bank Teague TX October 30, 2009
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Park National Bank Chicago IL October 30, 2009
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Pacific National Bank San Francisco CA 30006 October 30, 2009
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California National Bank Los Angeles CA 34659 October 30, 2009
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San Diego National Bank San Diego CA 23594 October 30, 2009
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Community Bank of Lemont Lemont IL 35291 October 30, 2009
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Bank USA, N.A. Phoenix AZ 32218 October 30, 2009
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First DuPage Bank Westmont IL 35038 October 23, 2009
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Riverview Community Bank Otsego MN 57525 October 23, 2009
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Bank of Elmwood Racine WI 18321 October 23, 2009
- Flagship National Bank Bradenton FL 35044 October 23, 2009
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Hillcrest Bank Florida Naples FL 58336 October 23, 2009
- American United Bank Lawrenceville GA 57794 October 23, 2009
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Partners Bank Naples FL 57959 October 23, 2009
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San Joaquin Bank Bakersfield CA 23266 October 16, 2009
- Southern Colorado National Bank, Pueblo, CO, October 2, 2009
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Jennings State Bank, Spring Grove, MN, October 2, 2009
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Warren Bank, Warren, MI, October 2, 2009
- Georgian Bank Atlanta GA 57151 September 25, 2009
- Irwin Union Bank, F.S.B., Louisville, Ky., September 18, 2009
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Irwin Union Bank and Trust Company, Columbus, Ind.,September 18, 2009
- Venture Bank, Lacey, Wash., September 11, 2009
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Brickwell Community Bank, Woodbury, Minn., September 11, 2009
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Corus Bank, N.A., Chicago, Ill., September 11, 2009
- First State Bank, Flagstaff, Ariz., September 4, 2009
- Platinum Community Bank, Rolling Meadows Ill., September 4, 2009
- Vantus Bank, Sioux City, Iowa, September 4, 2009
- InBank, Oak Forest, Ill., September 4, 2009
- First Bank of Kansas City, Kansas City, Mo., September 4, 2009
- Affinity Bank, Ventura, Calif., August 28, 2009
- Mainstreet Bank, Forest Lake, Minn., August 28, 2009
- Bradford Bank, Baltimore, Md., August 28, 2009
- Guaranty Bank, Austin, Texas, August 21, 2009
- CapitalSouth Bank, Birmingham, Ala., August 21, 2009
- First Coweta Bank, Newnan, Ga., August 21, 2009
- ebank, Atlanta,Ga., August 21, 2009
- Community Bank of Nevada, Las Vegas, Nev., August 14, 2009
- Community Bank of Arizona, Phoenix, Ariz., August 14, 2009
- Union Bank, National Association, Gilbert, Ariz. August 14, 2009
- Colonial Bank, Montgomery, Ala., August 14, 2009
- Dwelling House Savings and Loan Association, Pittsburgh, Penn., August 14, 2009
- Community First Bank, Prineville, Ore., Aug. 7, 2009
- Community National Bank of Sarasota County, Venice, Fla., Aug. 7, 2009
- First State Bank,Sarasota, Fla., Aug. 7, 2009
- Mutual Bank Harvey, Ill., July 31, 2009
- First BankAmericano, Elizabeth, N.J., July 31, 2009
- Peoples Community Bank, West Chester, Ohio, July 31, 2009
- Integrity Bank, Jupiter, Fla., July 31, 2009
- First State Bank of Altus, Altus, Ok., July 31, 2009
- Security Bank of Jones County, Gray, Ga., July 24, 2009
- Security Bank of Houston County, Perry, Ga., July 24, 2009
- Security Bank of Bibb County, Macon, Ga., July 24, 2009
- Security Bank of North Metro, Woodstock, Ga., July 24, 2009
- Security Bank of North Fulton, Alpharetta, Ga., July 24, 2009
- Security Bank of Gwinnett County, Suwanee, Ga., July 24, 2009
- Waterford Village Bank, Williamsville, N.Y., July 24, 2009
- Temecula Valley Bank, Temecula, Calif. July 17, 2009
- Vineyard Bank, Rancho Cucamonga, Calif. July 17, 2009
- BankFirst, Sioux Falls, S.D. July 17, 2009
- First Piedmont Bank, Winder, Ga. July 17, 2009
- Bank of Wyoming Thermopolis, Wyo. July 10, 2009
- Founders Bank Worth, Ill. July 2, 2009
- Millennium State Bank of Texas Dallas, Texas July 2, 2009
- First National Bank of Danville Danville, Ill. July 2, 2009
- Elizabeth State Bank Elizabeth, Ill. July 2, 2009
- Rock River Bank Oregon, Ill. July 2, 2009
- First State Bank of Winchester Winchester, Ill. July 2, 2009
- John Warner Bank Clinton, Ill. July 2, 2009
- Mirae Bank, Los Angeles, Calif. June 26, 2009
- Metro Pacific Bank, Irvine, Calif. June 26, 2009
- Horizon Bank, Pine City, Minn. June 26, 2009
- Neighborhood Community Bank, Newnan, Ga. June 26, 2009
- Community Bank of West Georgia, Villa Rica, Ga. June 26, 2009
- First National Bank of Anthony, Anthony, Kan. June 19, 2009
- Cooperative Bank, Wilmington, N.C. June 19, 2009
- Southern Community Bank, Fayetteville, Ga. June 19, 2009
- Bank of Lincolnwood, Lincolnwood, Ill. June 5, 2009
- Citizens National Bank, Macomb, Ill. May 22 2009
- Strategic Capital Bank, Champaign, Ill. May 22 2009
- BankUnited, FSB, Coral Gables, Fla. May 21 2009
- Westsound Bank, Bremerton, Wash. May 8, 2009
- America West Bank, Layton, Utah May 1, 2009
- Citizens Community Bank, Ridgewood, N.J. May 1, 2009
- Silverton Bank, N.A., Atlanta, Ga. May 1, 2009
- First Bank of Idaho, Ketchum, ID April 24, 2009
- First Bank of Beverly Hills, Calabasas, Calif., April 24, 2009
- Heritage Bank, Farmington Hills, Mich.; April 24, 2009
- American Southern Bank, Kennesaw, Ga. April 24, 2009
- Great Basin Bank of Nevada, Elko, Nev. April 17, 2009
- American Sterling Bank, Sugar Creek, Mo. April 17, 2009
- New Frontier Bank, Greeley, Colo., April 10, 2009
- Cape Fear Bank, Wilmington, N.C., April 10, 2009
- Omni National Bank, Atlanta, Ga., March 27, 2009
- TeamBank, Paola, Kan., March 20, 2009
- Colorado National Bank, Colorado Springs, Colo., March 20, 2009
- FirstCity Bank, Stockbridge, Ga., March 20, 2009
- Freedom Bank of Georgia, Commerce, Ga. March 6, 2009
- Security Savings Bank, Henderson, Nev. February 27, 2009
- Heritage Community Bank, Glenwood, Ill. February 27, 2009
- Silver Falls Bank, Silverton, Ore. February 20, 2009
- Pinnacle Bank of Oregon, Beaverton, Ore. February 13, 2009
- Corn Belt Bank and Trust Company, Pittsfield, Ill. February 13, 2009
- Riverside Bank of the Gulf Coast, Cape Coral, Fla. February 13, 2009
- Sherman County Bank, Loup City, Neb. February 13, 2009
- County Bank, Merced, Calif. February 6, 2009
- Alliance Bank, Culver City, Calif. February 6, 2009
- FirstBank Financial Services, McDonough, Ga. February 6, 2009
- Ocala National Bank, Ocala, Fla. January 30, 2009
- Suburban Federal Savings Bank, Crofton, Md. January 30, 2009
- MagnetBank, Salt Lake City, Utah January 30, 2009
- 1st Centennial Bank, Redlands, Calif. January 23, 2009
- Bank of Clark County, Vancouver, Wash. January 16, 2009
- National Bank of Commerce, Berkeley, Ill. January 16, 2009
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