We published our Bank Failure Survival Guide for one simple reason: banks fail every year. And as our economy enters the downward phase of a business cycle (all economies are cyclical), we can expect to see more banks fail at an accelerating rate.

Many of the banks that collapsed over the decade are regional banks. These are your small local banks, where ma and pa stores deposit their money, where your small local businesses get their loans, and where your neighbors deposit and/or borrow funds.

It doesn’t matter whether regional bank failures make national headlines. Often they don’t. The risk and the negative impact that bank failures have on depositors can be devastating. It also says a lot about the competence or moral position of the bankers themselves.

If a bank fails, the depositors take all of the risks. The executives who ran the bank into the ground likely don’t. And for the execs who got fired before running their bank into the ground, chances are that they went home with compensation before finding work at another bank.

But how bad has it been, and how much worse can it get? We can’t predict the future. But we can look to the past to see the trajectory of bank failures across different phases of the economic cycle.

Below is a list of bank failures we’ve seen over the last decade. Their total cost (in parenthesis) to the FDIC has been included in situations wherein such data is publicly available. The list starts at the beginning of our current bull market, March 2009, and ends in December 2019.*

It’s a huge list. So, before we begin, here’s the big picture:

486 US banks have failed over the last decade.

That comes out to 48.6 bank failures per year…

4 bank failures per month.

The good news is that fewer banks have been failing since 2009.

The caveat is that the US has been experiencing a massive bull market and major economic growth since 2009.

So, what might happen to regional banks when the US enters a bear market or recession?

Banks That Failed in 2009

• Citizens State Bank, New Baltimore, Michigan, December 18 ($766 million)
• RockBridge Commercial Bank, Atlanta, Georgia, December 18 ($1242 million)
• Imperial Capital Bank, La Jolla, California, December 18 ($6192 million)
• Independent Bankers’ Bank, Springfield, Illinois, December 18 ($684 million)
• Peoples First Community Bank, Panama City, Florida, December 18 ($5567 million)
• New South Federal Savings Bank, Irondale, Alabama, December 18 ($2123 million)
• First Federal Bank of California, Santa Monica, California, December 18 ($1463 million)
• SolutionsBank, Overland Park, Kansas, December 11 ($1221 million)
• Republic Federal Bank, Miami, Florida, December 11 ($1226 million)
• Valley Capital Bank, Mesa, Arizona, December 11 ($74 million)
• Greater Atlantic Bank, Reston, Virginia, December 4
• Benchmark Bank, Aurora, Illinois, December 4
• AmTrust Bank, Cleveland, Ohio, December 4
• The Tattnall Bank, Reidsville, Georgia, December 4
• First Security National Bank, Norcross, Georgia, December 4
• The Buckhead Community Bank, Atlanta, Georgia, December 4
• Commerce Bank of Southwest Florida, Fort Myers, Florida, November 20
• Pacific Coast National Bank, San Clemente, California, November 13 ($274 million)
• Orion Bank, Naples, Florida, November 13 ($615 million)
• Century Bank, FSB, Sarasota, Florida, November 13 ($344 million)
• United Commercial Bank, San Francisco, California, November 6 ($14 billion) 
• Gateway Bank of St Louis, St Louis, Missouri, November 6
• Prosperan Bank, Oakdale, Minnesota, November 6
• Home Federal Savings Bank, Detroit, Michigan, November 6
• United Security Bank, Sparta, Georgia, November 6
• North Houston Bank, Houston, Texas, October 30
• Madisonville State Bank, Madisonville, Texas, October 30
• Citizens National Bank, Teague, Texas, October 30
• Park National Bank, Chicago, Illinois, October 30
• Pacific National Bank, San Francisco, California, October 30
• California National Bank, Los Angeles, California, October 30
• San Diego National Bank, San Diego, California, October 30
• Community Bank of Lemont, Lemont, Illinois, October 30
• Bank USA, Phoenix, Arizona, October 30
• First DuPage Bank, Westmont, Illinois, October 23
• Riverview Community Bank, Otsego, Minnesota, October 23
• Bank of Elmwood, Racine, Wisconsin, October 23
• Flagship National Bank, Bradenton, Florida, October 23
• Hillcrest Bank Florida, Naples, Florida, October 23
• American United Bank, Lawrenceville, Georgia, October 23
• Partners Bank, Naples, Florida, October 23
• San Joaquin Bank, Bakersfield, California, October 16 ($103 million)
• Southern Colorado National Bank, Pueblo, Colorado, October 2 ($66 million)
• Jennings State Bank, Spring Grove, Minnesota, October 2 ($117 million)
• Warren Bank, Warren, Michigan, October 2 ($275 million)
• Georgian Bank, Atlanta, Georgia, September 25 ($892 million)
• Irwin Union Bank, FSB, Louisville, Kentucky, September 18 ($850 million, #93 & #94 combined)
• Irwin Union Bank and Trust Company, Columbus, Indiana, September 18 (see above)
• Venture Bank, Lacey, Washington, September 11 ($298 million)
• Brickwell Community Bank, Woodbury, Minnesota, September 11 ($22 million)
• Corus Bank, Chicago, Illinois, September 11 ($17 billion)
• First State Bank, Flagstaff, Arizona, September 4 ($47 million)
• Platinum Community Bank, Rolling Meadows, Illinois, September 4 ($114 million)
• Vantus Bank, Sioux City, Iowa, September 4 ($168 million)
• InBank, Oak Forest, Illinois, September 4 ($66 million)
• First Bank of Kansas City, Kansas City, Missouri, September 4 ($6 million)
• Affinity Bank, Ventura, California, August 28
• Mainstreet Bank, Forest Lake, Minnesota, August 28
• Bradford Bank, Baltimore, Maryland, August 28
• Guaranty Bank, Austin, Texas, August 21
• CapitalSouth Bank, Birmingham, Alabama, August 21
• First Coweta Bank, Newnan, Georgia, August 21
• ebank, Atlanta, Georgia, August 21
• Community Bank of Nevada, Las Vegas, Nevada, August 14
• Community Bank of Arizona, Phoenix, Arizona, August 14
• Union Bank, National Association, Gilbert, Arizona, August 14
• Colonial Bank, Montgomery, Alabama, August 14
• Dwelling House Savings and Loan Association, Pittsburgh, Pennsylvania, August 14
• Community First Bank, Prineville, Oregon, August 7
• Community National Bank, Sarasota County, Venice, Florida, August 7
• First State Bank, Sarasota, Florida, August 7
• Mutual Bank, Harvey, Illinois, July 31
• First BankAmericano, Elizabeth, New Jersey, July 31
• Peoples Community Bank, Westchester, Ohio, July 31
• Integrity Bank, Jupiter, Florida, July 31
• First State Bank of Altus, Altus, Oklahoma, July 31
• Security Bank of Jones County, Gray, Georgia, July 24
• Security Bank of Houston County, Perry, Georgia, July 24
• Security Bank of Bibb County, Macon, Georgia, July 24
• Security Bank of North Metro, Woodstock, Georgia, July 24
• Security Bank of North Fulton, Alpharetta, Georgia, July 24
• Security Bank of Gwinnett County, Suwanee, Georgia, July 24
• Waterford Village Bank, Williamsville, New York, July 24
• Temecula Valley Bank, Temecula, California, July 17
• Vineyard Bank, Rancho Cucamonga, California, July 17
• BankFirst, Sioux Falls, South Dakota, July 17
• First Piedmont Bank, Winder, Georgia, July 17
• Bank of Wyoming, Thermopolis, Wyoming, July 10
• Founders Bank, Worth, Illinois, July 2
• Millennium State Bank of Texas, Dallas, Texas, July 2
• First National Bank of Danville, Danville, Illinois, July 2
• Elizabeth State Bank, Elizabeth, Illinois, July 2
• Rock River Bank, Oregon, Illinois, July 2
• First State Bank of Winchester, Winchester, Illinois, July 2
• John Warner Bank, Clinton, Illinois, July 2
• Mirae Bank, Los Angeles, California, June 26
• Metro Pacific Bank, Irvine, California, June 26
• Horizon Bank, Pine City, Minnesota, June 26
• Neighborhood Community Bank, Newnan, Georgia, June 26
• Community Bank of West Georgia, Villa Rica, Georgia, June 26
• First National Bank of Anthony, Anthony, Kansas, June 19
• Cooperative Bank, Wilmington, North Carolina, June 19
• Southern Community Bank, Fayetteville, Georgia, June 19
• Bank of Lincolnwood, Lincolnwood, Illinois, June 5
• Citizens National Bank, Macomb, Illinois, May 22
• Strategic Capital Bank, Champaign, Illinois, May 22
• BankUnited, FSB, Coral Gables, Florida, May 21
• Westsound Bank, Bremerton, Washington, May 8
• America West Bank, Layton, Utah, May 1
• Citizens Community Bank, Ridgewood, New Jersey, May 1
• Silverton Bank, NA, Atlanta, Georgia, May 1
• First Bank of Idaho, Ketchum, Idaho, April 24
• First Bank of Beverly Hills, Calabasas, California, April 24
• Michigan Heritage Bank, Farmington Hills, Michigan, April 24
• American Southern Bank, Kennesaw, Georgia, April 24
• Great Basin Bank of Nevada, Elko, Nevada, April 17
• American Sterling Bank, Sugar Creek, Missouri, April 17
• New Frontier Bank, Greeley, Colorado April 10
• Cape Fear Bank, Wilmington, North Carolina, April 10
• Omni National Bank, Atlanta, Georgia, March 27
• TeamBank, National Association, Paola, Kansas, March 20
• Colorado National Bank, Colorado Springs, Colorado, March 20
• FirstCity Bank, Stockbridge, Georgia, March 20
• Freedom Bank of Georgia, Commerce, Georgia, March 6

Banks That Failed in 2010

• Community National Bank, Lino Lakes, MN, December 17
• First Southern Bank, Batesville, AR, December 17
• United Americas Bank, National Association, Atlanta, GA, December 17
• Appalachian Community Bank, FSB, McCaysville, GA, December 17
• Chestatee State Bank, Dawsonville, GA, December 17
• The Bank of Miami, National Association, Miami, FL, December 17
• Earthstar Bank, Southampton, PA, December 10
• Paramount Bank, Farmington Hills, MI, December 10
• First Banking Center, Burlington, WI, November 19
• Allegiance Bank of North America, Bala Cynwyd, PA, November 19
• Gulf State Community Bank, Carrabelle, FL, November 19
• Copper Star Bank, Scottsdale, AZ, November 12
• Darby Bank & Trust Co, Vidalia, GA, November 12
• Tifton Banking Company, Tifton, GA, November 12
• First Vietnamese American Bank, Westminster, CA, November 5
• Pierce Commercial Bank, Tacoma, WA, November 5
• Western Commercial Bank, Woodland Hills, CA, November 5
• K Bank, Randallstown, MD, November 5
• First Arizona Savings, Scottsdale, AZ, October 22
• Hillcrest Bank, Overland Park, KS, October 22
• First Suburban National Bank, Maywood, IL, October 22
• The First National Bank of Barnesville, Barnesville, GA, October 22 ($339 million)
• The Gordon Bank, Gordon, GA, October 22 ($9 million)
• Progress Bank of Florida, Tampa, FL, October 22 ($25 million)
• First Bank of Jacksonville, Jacksonville, FL, October 22 ($162 million)
• Premier Bank, Jefferson City, MO, October 15
• WestBridge Bank and Trust Company, Chesterfield, MO, October 15
• Security Savings Bank, FSB, Olathe, KS, October 15
• Shoreline Bank, Shoreline, WA, October 1
• Wakulla Bank, Crawfordville, FL, October 1
• Haven Trust Bank Florida, Ponte Vedra Beach, FL, September 24 ($319 million)
• Maritime Savings Bank, West Allis, WI, September 17
• Bramble Savings Bank, Milford, OH, September 17
• The Peoples Bank, Winder, GA, September 17
• First Commerce Community Bank, Douglasville, GA, September 17
• Bank of Ellijay, Elijay, GA, September 17
• ISN Bank, Cherry Hill, NJ, September 17
• Horizon Bank, Bradenton, FL, September 10
• Sonoma Valley Bank, Sonoma, CA, August 20
• Los Padres Bank, Solvang, CA, August 20
• Butte Community Bank, Chico, CA, August 20
• Pacific State Bank, Stockton, CA, August 20
• ShoreBank, Chicago, IL, August 20
• Imperial Savings & Loan Association, Martinsville , VA, August 20
• Independent National Bank, Ocala, FL, August 20
• Community National Bank of Bartow, Bartow, FL, August 20
• Palos Bank and Trust Company, Palos Heights, IL, August 13
• Ravenswood Bank, Chicago, IL, August 6
• LibertyBank, Eugene, OR, July 30
• The Cowlitz Bank, Longview, WA, July 30
• Coastal Community Bank, Panama City, FL, July 30
• Bayside Savings Bank, Port Saint Joe, FL, July 30
• NorthWest Bank & Trust, Acworth, GA, July 30
• Home Valley Bank, Grants Pass, OR, July 23 ($371 million)
• SouthwestUSA Bank, Las Vegas, NV, July 23 ($741 million)
• Community Security Bank, New Prague, MN, July 23 ($186 million)
• Thunder Bank, Sylvan Grove, KS, July 23 ($45 million)
• Williamsburg First National Bank, Kingstree, SC, July 23 ($88 million)
• Crescent Bank and Trust Company, Jasper, GA, July 23 ($2424 million)
• Sterling Bank, Lantana, FL, July 23 ($455 million)
• Mainstreet Savings Bank, Hastings, MI, July 16
• Olde Cypress Community Bank, Clewiston, FL, July 16
• Turnberry Bank, Aventura, FL, July 16
• Metro Bank of Dade County, Miami, FL, July 16
• First National Bank of the South, Spartanburg, SC, July 16
• Woodlands Bank, Bluffton, SC, July 16
• Home National Bank, Blackwell, OK, July 9
• USA Bank, Port Chester, NY, July 9
• Ideal Federal Savings Bank, Baltimore, MD, July 9
• Bay National Bank, Baltimore, MD, July 9
• High Desert State Bank, Albuquerque, NM, June 25
• First National Bank – GA, Savannah, GA, June 25
• Peninsula Bank, Englewood, FL, June 25
• Nevada Security Bank, Reno, NV, June 18
• Washington First International Bank, Seattle, WA, June 11
• TierOne Bank, Lincoln, NE, June 4 ($2978 million)
• Arcola Homestead Savings Bank, Arcola, IL, June 4 ($32 million)
• First National Bank, Rosedale, MS, June 4 ($126 million)
• Sun West Bank, Las Vegas, NV, May 28
• Granite Community Bank, NA, Granite Bay, CA, May 28
• Bank of Florida – Tampa Bay, Tampa, FL, May 28
• Bank of Florida – Southwest, Naples, FL, May 28
• Bank of Florida – Southeast, Fort Lauderdale, FL, May 28
• Pinehurst Bank, St Paul, MN, May 21 ($6 million)
• Midwest Bank & Trust Company, Elmwood Park, IL, May 14
• Southwest Community Bank, Springfield, MO, May 14
• New Liberty Bank, Plymouth, MI, May 14
• Satilla Community Bank, St Marys, GA, May 14
• 1st Pacific Bank of California, San Diego, CA, May 7 ($877 million)
• Towne Bank of Arizona, Mesa, AZ, May 7 ($418 million)
• Access Bank, Champlin, MN, May 7 ($55 million)
• The Bank of Bonifay, Bonifay, FL, May 7 ($787 million)
• Frontier Bank, Everett, WA, April 30
• BC National Banks, Butler, MO, April 30 ($114 million)
• Champion Bank, Creve Coeur, MO, April 30 ($527 million)
• CF Bancorp, Port Huron, MI, April 30 ($6153 million)
• Western bank Puerto Rico, Mayaquez, PR, April 30 ($33 billion)
• R-G Premier Bank of Puerto Rico, Hato Rey, PR, April 30 ($12 billion)
• Eurobank, San Juan, PR, April 30 ($7439 million)
• Wheatland Bank, Naperville, IL, April 23 ($133 million)
• Peotone Bank and Trust Company, Peotone, IL, April 23 ($317 million)
• Lincoln Park Savings Bank, Chicago, IL, April 23 ($484 million)
• New Century Bank, Chicago, IL, April 23 ($1253 million)
• Citizens Bank &Trust Company of Chicago, Chicago, IL, April 23 ($209 million)
• Broadway Bank, Chicago, IL, April 23 ($3943 million)
• Amcore Bank, Rockford, IL, April 23 ($2203 million)
• City Bank, Lynnwood, WA, April 16
• Tamalpais Bank, San Rafael, CA, April 16
• Innovative Bank, Oakland, CA, April 16
• Butler Bank, Lowell, MA, April 16
• Riverside National Bank of Florida, Fort Pierce, FL, April 16
• AmericanFirst Bank, Clermont, FL, April 16
• First Federal Bank of North Florida, Palatka, FL, April 16
• Lakeside Community Bank, Sterling Heights, MI, April 16
• Beach First National Bank, Myrtle Beach, SC, April 9 ($1303 million)
• Desert Hills Bank, Phoenix, AZ, March 26
• Unity National Bank, Cartersville, GA, March 26
• Key West Bank, Key West, FL, March 26
• McIntosh Commercial Bank, Carrollton, GA, March 26
• State Bank of Aurora, Aurora, MN, March 19 ($42 million)
• First Lowndes Bank, Fort Deposit, AL, March 19 ($383 million)
• Bank of Hiawassee, Hiawassee, GA, March 19 (1377 million)
• Appalachian Community Bank, Ellijay, GA, March 19 ($4193 million)
• Advanta Bank Corp, Draper, UT, March 19 ($6356 million)
• Century Security Bank, Duluth, GA, March 19 ($299 million)
• American National Bank, Parma, OH, March 19 ($171 million)
• Statewide Bank, Covington, LA, March 12 ($381 million)
• Old Southern Bank, Orlando, FL, March 12 ($946 million)
• Park Avenue Bank, New York, NY, March 12 ($507 million)
• LibertyPointe Bank, New York, NY, March 11 ($248 million)
• Centennial Bank, Ogden, UT, March 5 ($963 million)
• Waterfield Bank, Germantown, MD, March 5 ($51 million)
• Bank of Illinois, Normal, IL, March 5 ($537 million)
• Sun American Bank, Boca Raton, FL, March 5 ($1038 million)
• Rainier Pacific Bank, Tacoma, WA, February 26 ($952 million)
• Carson River Community Bank, Carson City, NV, February 26 ($79 million)
• La Jolla Bank, FSB, La Jolla, CA, February 19 ($8823 million)
• George Washington Savings Bank, Orland Park, IL, February 19 ($1414 million)
• The La Coste National Bank, La Coste, TX, February 19 ($37 million)
• Marco Community Bank, Marco Island, FL, February 19 ($381 million)
• 1st American State Bank of Minnesota, Hancock, MN, February 5 ($31 million)
• Community Bank and Trust, Cornelia, GA, January 29 ($3545 million)
• First Regional Bank, Los Angeles, CA, January 29 ($8255 million)
• American Marine Bank, Bainbridge Island, WA, January 29 ($589 million)
• First National Bank of Georgia, Carrollton, GA, January 29 ($2604 million)
• Florida Community Bank, Immokalee, FL, January 29 ($3526 million)
• Marshall Bank, Hallock, MN, January 29, ($41 million)
• Columbia River Bank, The Dalles, OR, January 22, ($1725 million)
• Evergreen Bank, Seattle, WA, January 22, ($642 million)
• Charter Bank, Santa Fe, NM, January 22, ($2019 million)
• Bank of Leeton, Leeton, MO, January 22, ($81 million)
• Premier American Bank, Miami, FL, January 22, ($85 million)
• Barnes Banking Company, Kaysville, UT, January 15
• St Stephen State Bank, St Stephen, MN, January 15
• Town Community Bank & Trust, Antioch, IL, January 15
• Horizon Bank, Bellingham, WA, January 8

Banks That Failed in 2011

• Western National Bank, Phoenix, AZ, December 16 ($376 million)
• Premier Community Bank of the Emerald Coast, Crestview, FL, December 16 ($312 million)
• Central Progressive Bank, Lacombe, LA, November 18 ($581 million)
• Polk County Bank, Johnston, IA, November 18 ($12 million)
• Community Bank of Rockmart, Rockmart, GA, November 11 ($145 million)
• SunFirst Bank, St George, UT, November 4 ($497 million)
• Mid City Bank, Omaha, NE, November 4 ($127 million)
• All American Bank, Des Plaines, IA, October 28 ($65 million)
• Community Banks of Colorado, Greenwood Village, CO October
• Community Capital Bank, Jonesboro, GA, October 21 ($62 million)
• Decatur First Bank, Decatur, GA, October 21 ($326 million)
• Old Harbor Bank, Clearwater, FL, October 21 ($393 million)
• Country Bank, Aledo, IL, October 14 ($663 million)
• First State Bank, Cranford, NJ, October 14 ($458 million)
• Blue Ridge Savings Bank, Inc, Asheville, NC, October 14 ($380 million)
• Piedmont Community Bank, Gray, GA, October 14 ($716 million)
• Sun Security Bank, Ellington, MO, October 7 ($1183 million)
• The RiverBank, Wyoming, MN, October 7 ($714 million)
• First International Bank, Plano, TX, September 30 ($538 million)
• Citizens Bank of Northern California, Nevada City, CA, September 23 ($372 million)
• Bank of the Commonwealth, Norfolk, VA, September 23 ($2683 million)
• The First National Bank of Florida, Milton, FL, September 9 ($469 million)
• CreekSide Bank, Woodstock, GA, September 2 ($273 million)
• Patriot Bank of Georgia, Cumming, GA, September 2 ($444 million)
• First Choice Bank, Geneva, IL, August 19 ($31 million)
• First Southern National Bank, Statesboro, GA, August 19 ($396 million)
• Lydian Private Bank, Palm Beach, FL, August 19 ($2932 million)
• Public Savings Bank, Huntingdon Valley, PA, August 18 ($11 million)
• The First National Bank of Olathe, Olathe, KS, August 12 ($1166 million)
• Bank of Whitman, Colfax, WA, August 5 ($1348 million)
• Bank of Shorewood, Shorewood, IL, August 5 ($256 million)
• Integra Bank, National Association, Evansville, IN, July 29 ($1707 million)
• BankMeridian, NA, Columbia, SC, July 29 ($654 million)
• Virginia Business Bank, Richmond, VA, July 29 ($173 million)
• Bank of Choice, Greeley, CO, July 22 ($2136 million)
• LandMark Bank of Florida, Sarasota, FL, July 22 ($344 million)
• Southshore Community Bank, Apollo Beach, FL, July 22 ($83 million)
• Summit Bank, Prescott, AZ, July 15 ($113 million)
• First Peoples Bank, Port Saint Lucie, FL, July 15 ($74 million)
• High Trust Bank, Stockbridge, GA, July 15 ($660 million)
• One Georgia Bank, Atlanta, GA, July 15 ($444 million)
• Signature Bank, Windsor, CO, July 8 ($223 million)
• Colorado Capital Bank, Castle Rock, CO, July 8 ($2838 million)
• First Chicago Bank & Trust, Chicago, IL, July 8 ($2843 million)
• Mountain Heritage Bank, Clayton, GA, June 24 ($411 million)
• First Commercial Bank of Tampa Bay, Tampa, FL, June 17 ($285 million)
• McIntosh State Bank, Jackson, GA, June 17 ($800 million)
• 45 Atlantic Bank & Trust, Charleston, SC, June 3 ($364 million)
• First Heritage Bank, Snohomish, WA, May 27 ($349 million)
• Summit Bank, Burlington, WA, May 20 ($157 million)
• Atlantic Southern Bank, Macon, GA, May 20 ($2735 million)
• First Georgia Banking Company, Franklin, GA, May 20 ($1565 million)
• Coastal Bank, Coco Beach, FL, May 6 ($134 million)
• Community Central Bank, Mount Clemens, MI, April 29 ($1832 million)
• The Park Avenue Bank, Valdosta, GA, April 29 ($3061 million)
• First Choice Community Bank, Dallas, GA, April 29 ($924 million)
• Cortez Community Bank, Brooksville, FL, April 29 ($186 million)
• First National Bank of Central Florida, Winter Park, FL, April 29 ($429 million) 34 Heritage Banking Group, Carthage, MS, April 15 ($491 million)
• Rosemount National Bank, Rosemount, MN, April 15 ($36 million)
• Superior Bank, Birmingham, AL, April 15 ($2596 million)
• Nexity Bank, Birmingham, AL, April 15 ($1754 million)
• New Horizons Bank, East Ellijay, GA, April 15 ($309 million)
• Bartow County Bank, Cartersville, GA, April 15 ($695 million)
• Nevada Commerce Bank, Las Vegas, NV, April 8 ($319 million)
• Western Springs National Bank and Trust, Western Springs, IL, April 8 ($310 million)
• The Bank of Commerce, Wood Dale, IL, March 25 ($419 million)
• Legacy Bank, Milwaukee, WI, March 11 ($435 million)
• First National Bank of Davis, Davis, OK, March 11 ($265 million)
• Valley Community Bank, St Charles, IL, February 25 ($228 million)
• San Luis Trust Bank, FSB, San Luis Obispo, CA, February 18 ($961 million)
• Charter Oak Bank, Napa, CA, February 18 ($218 million)
• Citizens Bank of Effingham, Springfield, GA, February 18 ($594 million)
• Habersham Bank, Clarkesville, GA, February 18 ($903 million)
• Canyon National Bank, Palm Springs, CA, February 11 ($100 million)
• Badger State Bank, Cassville, WI, February 11 ($175 million)
• Peoples State Bank, Hamtramck, MI, February 11 ($874 million)
• Sunshine State Community Bank, Port Orange, FL, February 11 ($300 million) 14
• Community First Bank, Chicago, IL, February 4 ($117 million)
• North Georgia Bank, Watkinsville, GA, February 4 ($352 million)
• American Trust Bank, Roswell, GA, February 4 ($751 million)
• First Community Bank, Taos, NM, January 28 ($2600 million)
• FirsTier Bank, Louisville, CO, January 28 ($2426 million)
• Evergreen State Bank, Stoughton, WI, January 28 ($228 million)
• The First State Bank, Camargo, OK, January 28 ($201 million)
• United Western Bank, Denver, CO, January 21 ($3128 million)
• The Bank of Asheville, Asheville, NC, January 21 ($562 million)
• CommunitySouth Bank & Trust, Easley, SC, January 21 ($463 million)
• Enterprise Banking Company, McDonough, GA, January 21 ($396 million)
• Oglethorpe Bank, Brunswick, GA, January 14 ($804 million)
• Legacy Bank, Scottsdale, AZ, January 7
• First Commercial Bank of Florida, Orlando, FL, January 7

Banks That Failed in 2012

• Community Bank of the Ozarks, Sunrise Beach, MO, December 14 ($104 million)
• Hometown Community Bank, Braselton, GA, November 16 ($367 million)
• Citizens First National Bank, Princeton, IL, November 2 ($452 million)
• Heritage Bank of Florida, Lutz, FL, November 2 ($655 million)
• NOVA Bank, Berwyn, PA, October 26 ($912 million)
• Excel Bank, Sedalia, MO, October 19
• First East Side Savings Bank, Tamarac, FL, October 19
• GulfSouth Private Bank, Destin, FL, October 19
• First United Bank, Crete, IL, September 28
• Truman Bank, St Louis, MO, September 14
• First Commercial Bank, Bloomington, MN, September 7 ($639 million)
• Waukegan Savings Bank, Waukegan, IL, August 3 ($198 million)
• Jasper Banking Company, Jasper, GA, July 27 ($581 million)
• Second Federal Savings and Loan Association of Chicago, Chicago, IL, July 20
• Heartland Bank, Leawood, KS, July 20 ($31 million)
• First Cherokee State Bank, Woodstock, GA, July 20 ($369 million)
• Georgia Trust Bank, Buford, GA, July 20 ($209 million)
• The Royal Palm Bank of Florida, Naples, FL, July 20 ($135 million)
• Glasgow Savings Bank, Glasgow, MO, July 13 ($01 million)
• Montgomery Bank & Trust, Ailey, GA, July 6 ($752 million)
• The Farmers Bank of Lynchburg, Lynchburg, TN, June 15 ($283 million)
• Security Exchange Bank, Marietta, GA, June 15 ($343 million)
• Putnam State Bank, Palatka, FL, June 15 ($374 million)
• Waccamaw Bank, Whiteville, NC, June 8 ($511 million)
• Farmers and Traders State Bank, Shabbona, IL, June 8 ($89 million)
• Carolina Federal Savings Bank, Charleston, SC, June 8 ($152 million)
• First Capital Bank, Kingfisher, OK, June 8 ($56 million)
• Alabama Trust Bank, National Association, Sylacauga, AL, May 18 ($89 million) 23
• Security Bank, National Association, North Lauderdale, FL, May 4 ($108 million)
• Palm Desert National Bank, Palm Desert, CA, April 27 ($201 million)
• Plantation Federal Bank, Pawley’s Island, SC, April 27 ($76 million)
• Inter Savings Bank, Maple Grove, MN, April 27 ($1175 million)
• HarVest Bank, Gaithersburg, MD, April 27 ($172 million)
• Bank of the Eastern Shore, Cambridge, MD, April 27 ($418 million)
• Fort Lee Federal Savings Bank, FSB, Fort Lee, NJ, April 20 ($14 million)
• Fidelity Bank, Dearborn, MI, March 30 ($928 million)
• Premier Bank, Wilmette, IL, March 23 ($641 million)
• Covenant Bank & Trust, Rock Spring, GA, March 23 ($315 million)
• New City Bank, Chicago, IL, March 9 ($174 million)
• Global Commerce Bank, Doraville, GA, March 2 ($179 million)
• Home Savings of America, Little Falls, MN, February 24 ($388 million)
• Central Bank of Georgia, Ellaville, GA, February 24 ($675 million)
• SCB Bank, Shelbyville, IN, February 10 ($339 million)
• Charter National Bank and Trust, Hoffman Estates, IL, February 10 ($174 million)
• BankEast, Knoxville, TN, January 27 ($756 million)
• Patriot Bank Minnesota, Forrest Lake, MN, January 27 ($326 million)
• Tennessee Commerce Bank, Franklin, TN, January 27 ($4168 million)
• First Guaranty Bank and Trust Company, Jacksonville, FL, January 27 ($820 million)
• American Eagle Savings Bank, Boothwyn, PA, January 20 ($32 million)
• The First State Bank, Stockbridge, GA, January 20 ($2162 million)
• Central Florida State Bank, Belleview, FL, January 20 ($244 million

Banks That Failed in 2013

• Westside Community Bank, University Place, WA, January 11 ($203 million)
• 1st Regents Bank, Andover, MN, January 18 ($105 million)
• Covenant Bank, Chicago, IL, February 15 ($218 million)
• Frontier Bank, LaGrange, GA, March 8 ($516 million)
• Gold Canyon Bank, Gold Canyon, AZ, April 5 ($112 million)
• First Federal Bank, Lexington, KY, April 19
• Heritage Bank of North Florida, Orange Park, FL, April 19
• Chipola Community Bank, Marianna, FL, April 19
• Parkway Bank, Lenoir, NC, April 26 ($181 million)
• Douglas County Bank, Douglasville, GA, April 26 ($864 million)
• Sunrise Bank, Valdosta, GA, May 10 ($173 million)
• Pisgah Community Bank, Asheville, NC, May 10 ($89 million)
• Central Arizona Bank, Scottsdale, AZ, May 14 ($86 million)
• Banks of Wisconsin, d/b/a Bank of Kenosha, Kenosha, WI, May 31
• 1st Commerce Bank, N Las Vegas, NV, June 6 ($94 million)
• Mountain National Bank, Sevierville, TN, June 7
• First Community Bank of Southwest Florida, Fort Myers, FL, August 2 ($271 million)
• Bank of Wausau, Wausau, WI, August 9 ($135 million)
• Sunrise Bank of Arizona, Phoenix, AZ August 23 ($170 million)
• Community South Bank, Parsons, TN August 23 ($725 million)
• The Community’s Bank, Bridgeport, CT, September 13 ($78 million)
• First National Bank, Edinburg, TX, September 13 ($6375 million)
• Bank of Jackson County, Graceville, FL, October 30 ($51 million)
• Texas Community Bank, The Woodlands, TX, December 13 ($108 million)

Banks That Failed in 2014

• DuPage National Bank, West Chicago, IL, January 17 ($16 million)
• The Bank of Union, El Reno, OK, January 24 ($700 million)
• Syringa Bank, Boise, ID, January 31 ($45 million)
• Vantage Point Bank, Horsham, PA ($85 million)
• Millennium Bank National Association, Sterling, PA ($77 million)
• Allendale County Bank, Fairfax, SC ($171 million)
• AztecAmerica Bank, Berwyn, IL ($180 million)
• Columbia Savings Bank, Cincinnati, OH ($53 million)
• Slavie Federal Savings Bank, Bel Air, MD ($66 million)
• Valley Bank, Fort Lauderdale, FL, June 20 ($77 million)
• Valley Bank, Moline, IL, June 20 ($514 million)
• The Freedom State Bank, Freedom, OK, June 27 ($58 million)
• Eastside Commercial Bank, Conyers, GA, July 18 ($339 million)
• GreenChoice Bank, fsb, Chicago, IL, July 25 ($142 million)
• NBRS Financial, Rising Sun, MD, October 17 ($243 million)
• National Republic Bank of Chicago, Chicago, IL, October 24 ($1116 million)
• Frontier Bank, FSB d/b/a El Paseo Bank, Palm Desert, CA , November 7 ($47 million)
• Northern Star Bank, Mankato, MN, December 19 ($59 million)

Banks That Failed in 2015

• First National Bank of Crestview, Crestview, FL, January 16 ($44 million)
• Highland Community Bank, Highland, IL, January 23 ($58 million)
• Capitol City Bank & Trust Company, Atlanta, GA, February 13 ($889 million)
• Doral Bank, San Juan, PR, February 27 ($7489 million)
• Edgebrook Bank, Chicago, IL, May 8 ($168 million)
• Premier Bank, Denver, CO, July 10 ($44 million)
• The Bank of Georgia, Peachtree City, GA, October 2 ($232 million)
• Hometown National Bank, Longview, WA, October 2 ($16 million)

Banks That Failed in 2016

• North Milwaukee State Bank, Milwaukee, WI, March 11 ($96 million)
• Trust Company Bank, Memphis, TN, April 29 ($72 million)
• First CornerStone Bank, King of Prussia, PA, May 6 ($108 million)
• The Woodbury Banking Company, Woodbury, GA, August 19 ($52 million)
• Allied Bank, Mulberry, AR, September 23 ($69 million)

Banks That Failed in 2017

• Harvest Community Bank, Pennsville, NJ, January 13 ($223 million)
• Seaway Bank and Trust Company, Chicago, IL, January 27 ($527 million)
• Proficio Bank, Cottonwood Heights, UT, March 3 ($11 million)
• First NBC Bank, New Orleans, LA, April 28 ($997 million)
• Guaranty Bank, Milwaukee, WI, May 5 ($1465 million)
• Fayette County Bank, Saint Elmo, IL, May 26 ($10 million)
• The Farmers and Merchants State Bank of Argonia, Argonia, KS, October 13 ($26 million)
• Washington Federal Bank for Savings, Chicago, IL, December 15 ($605 million)

Banks That Failed in 2018

• Surprisingly, no banks failed in 2018 – Read here.

Banks That Failed in 2019

• Enloe State Bank, Cooper, TX May 31 ($270 million)
• Louisa Community Bank, Louisa, KY October 25
• Resolute Bank, Maumee, OH October 25
• City National Bank of New Jersey, Newark, NJ November 1

Banks to Fail in 2020

Who’s Next?

Data source: failuremag.com