Archive for July, 2011
Saturday, July 30th, 2011
Integra Bank, National Association, Evansville, Indiana, is the 61st FDIC-insured institution to fail in the nation this year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $170.7 million.
Integra Bank, National Association, Evansville, Indiana, was closed today by the Office of the Comptroller of ...
Posted in FDIC FAILED BANKS | No Comments »
Saturday, July 30th, 2011
BankMeridian, N.A., Columbia, South Carolina, is the 60th FDIC-insured institution to fail in the nation this year at an estimated cost to the Deposit Insurance Fund (DIF) of $65.4 million.
BankMeridian, N.A., Columbia, South Carolina, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal ...
Posted in FDIC FAILED BANKS | No Comments »
Saturday, July 30th, 2011
Virginia Business Bank, Richmond, Virginia, is the 59th FDIC-insured institution to fail in the nation in 2011 at an estimated cost to the Deposit Insurance Fund (DIF) of $17.3 million.
Virginia Business Bank, Richmond, Virginia, was closed today by the Virginia State Corporation Commission. The Federal Deposit Insurance Corporation (FDIC) ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, July 22nd, 2011
Bank of Choice, Greeley, Colorado, is the 58th FDIC-insured institution to fail in the nation this year, at an estimated cost to the Deposit Insurance Fund (DIF) of $213.6 million.
Bank of Choice, Greeley, Colorado, was closed today by the Colorado Division of Banking, which appointed the Federal Deposit Insurance Corporation ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, July 22nd, 2011
LandMark Bank of Florida, Sarasota, FL, became the 57th FDIC-insured institution to fail in the nationwide in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) for LandMark Bank of Florida, $34.4 million.
American Momentum Bank, Tampa, Florida, acquired the banking operations, including all the deposits, of ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, July 22nd, 2011
Southshore Community Bank, Apollo Beach, FL, became the 56th FDIC-insured institution to fail in the nationwide in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) for Southshore Community Bank will be $8.3 million.
American Momentum Bank, Tampa, Florida, acquired the banking operations, including all the deposits, ...
Posted in FDIC FAILED BANKS | No Comments »
Saturday, July 16th, 2011
Originally posted at Stockmarket-Implosion.
JPM did earn a second quarter profit, in case there was any doubt. The company posted a net income of $5.43 billion on revenue of $28.6 billion.
JPMorgan Chase & Co. (JPM), the second- largest U.S. bank, said net income rose 13 percent, higher than analysts estimated, as ...
Posted in BREAKING NEWS! | No Comments »
Friday, July 15th, 2011
Summit Bank, Prescott, AZ, is the 55th FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $11.3 million.
Summit Bank, Prescott, Arizona, was closed today by the Arizona Department of Financial Institutions, which appointed the Federal Deposit ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, July 15th, 2011
First Peoples Bank, Port Saint Lucie, Florida, is the 54th FDIC-insured institution to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $7.4 million.
First Peoples Bank, Port Saint Lucie, Florida, was closed today by the Florida Office of Financial ...
Posted in FDIC FAILED BANKS | No Comments »
Friday, July 15th, 2011
One Georgia Bank, Atlanta, GA, becomes the 53rd FDIC-insured institutions to fail in the nation in 2011. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) for High Trust Bank will be $44.4 million.
Ameris Bank, Moultrie, Georgia, acquired the banking operations, including all the deposits, of High ...
Posted in FDIC FAILED BANKS | No Comments »
