List_of_largest_U.S._bank_failures

List of largest bank failures in the United States

Add article description

Since the 1970s, over 90 banks in the United States with US$1 billion or more in assets 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]

More information Bank, City ...

Share this article:

This article uses material from the Wikipedia article List_of_largest_U.S._bank_failures, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.

[1] [1]
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.

[2] [2]
"Status of Washington Mutual Bank Receivership". FDIC. Retrieved March 14, 2023.

[tbtf-3] [3]
Comlay, Elinor; Stempel, Jonathan (September 25, 2009). "WaMu is largest U.S. bank failure". Reuters.

[FDIC-4] [4]
"JPMorgan Chase Bank, National Association, Columbus, Ohio Assumes All the Deposits of First Republic Bank, San Francisco, California". FDIC. Retrieved May 1, 2023.

[cbs-2023-5] [5]
Brooks, Khristopher J.; Dakss, Brian (May 1, 2023). "Troubled First Republic Bank seized and sold to JPMorgan Chase". CBS MoneyWatch.

[6] [6]
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.

[7] [7]
"Joint Statement by Treasury, Federal Reserve, and FDIC". The Federal Reserve Board. March 2023.

[8] [8]
Haltom, Renee (May 1984). "Failure of Continental Illinois". Federal Reserve History.

[jpow-2013-9] [9]
"Ending "Too Big to Fail"". Federal Reserve. March 4, 2013.

[10] [10]
Russell, Karl; Zhang, Christine (March 11, 2023). "The Second-Biggest Bank Failure". The New York Times. ISSN 0362-4331. Retrieved March 11, 2023.

[11] [11]
"Colonial Bank dissolved, marking 2009's biggest bank failure". France 24. August 15, 2009.

[cbs-2009-12] [12]
Sherter, Alain (September 12, 2009). "Corus Seized in Fourth-Largest Bank Failure This Year". CBS MoneyWatch.

[13] [13]
Wright, Robert (October 22, 1973). "Dubious Loans Led To Bank's Collapse". The New York Times. Retrieved April 8, 2023.

[14] [14]
Kuriloff, Aaron (February 28, 2015). "Doral Bank Fails After Years of Tumult". Wall Street Journal. Retrieved April 8, 2023.

[15] [15]
Danner, Patrick (September 13, 2013). "Edinburg bank is closed by the feds and sold". My San Antonio. Retrieved April 8, 2023.

[16] [16]
Amy, Jeff (April 16, 2011). "Superior and Nexity banks seized by regulators". Al.com. Retrieved April 8, 2023.

[1]

[2]

[3]

[4]

[5]

[6]

[7]

[8]

[9]

[10]

[11]

[12]

[13]

[14]

[15]

[16]

Bank	City	State	Year	Assets at time of failure		Ref.
Bank	City	State	Year	Nominal	Inflation-adjusted (2023)	Ref.
Washington Mutual	Seattle	Washington	2008	$307 billion	$434 billion	^[3]
First Republic Bank	San Francisco	California	2023	$229 billion	$229 billion	^[4]^[5]
Silicon Valley Bank	Santa Clara	California	2023	$209 billion	$209 billion	^[6]
Signature Bank	New York	New York	2023	$118 billion	$118 billion	^[7]
Continental Illinois National Bank and Trust	Chicago	Illinois	1984	$40.0 billion	$117 billion	^[3]^[8]
First Republic Bank Corporation	Dallas	Texas	1988	$32.5 billion	$84 billion	^[9]
American Savings and Loan	Stockton	California	1988	$30.2 billion	$78 billion
Bank of New England	Boston	Massachusetts	1991	$21.7 billion	$49 billion	^[9]
IndyMac	Pasadena	California	2008	$32.0 billion	$45 billion	^[10]
MCorp	Dallas	Texas	1989	$18.5 billion	$45 billion
Gibraltar Savings and Loan	Simi Valley	California	1989	$15.1 billion	$37 billion
Colonial Bank	Montgomery	Alabama	2009	$25.0 billion	$36 billion	^[11]
First City National Bank	Houston	Texas	1988	$13.0 billion	$33 billion
HomeFed Bank	San Diego	California	1992	$12.2 billion	$26 billion
FBOP Corp banking subsidiaries	Oak Park	Illinois	2009	$18.4 billion	$26 billion
Southeast Bank	Miami	Florida	1991	$10.5 billion	$23 billion
City Federal Savings and Loan	Elizabeth	New Jersey	1989	$9.8 billion	$24 billion
Goldome	Buffalo	New York	1991	$9.9 billion	$22 billion
Imperial Federal Savings Assoc.	San Diego	California	1990	$9.6 billion	$22 billion
Franklin National Bank	New York	New York	1974	$3.7 billion	$23 billion
Great American Bank	San Diego	California	1991	$9.5 billion	$21 billion
CenTrust Bank	Miami	Florida	1990	$8.2 billion	$19 billion
Empire of America Savings	Buffalo	New York	1990	$8.2 billion	$19 billion
Guaranty Bank	Austin	Texas	2009	$13.0 billion	$18 billion	^[12]
Downey Savings and Loan	Newport Beach	California	2008	$12.8 billion	$18 billion	^[5]
BankUnited FSB	Coral Gables	Florida	2009	$12.8 billion	$18 billion	^[12]
AmTrust Bank	Cleveland	Ohio	2009	$12.0 billion	$17 billion	^[5]
WesternBank	Mayagüez	Puerto Rico	2010	$11.9 billion	$17 billion
Gibraltar Savings Association	Houston	Texas	1988	$6.5 billion	$17 billion
United Commercial Bank	San Francisco	California	2009	$11.2 billion	$16 billion
Crossland Savings Bank	Brooklyn	New York	1992	$7.4 billion	$16 billion
The Connecticut Bank & Trust Co.	Hartford	Connecticut	1991	$7.2 billion	$16 billion
MeraBank	Phoenix	Arizona	1990	$6.3 billion	$15 billion
Sunbelt Savings	Irving	Texas	1991	$6.0 billion	$13 billion
Western Savings and Loan	Phoenix	Arizona	1989	$5.7 billion	$14 billion
Columbia Savings & Loan Assn.	Beverly Hills	California	1991	$5.4 billion	$12 billion
Lincoln Savings and Loan Association	Irvine	California	1989	$4.9 billion	$12 billion
California National Bank	Los Angeles	California	2009	$7.8 billion	$11.1 billion
Corus Bank	Chicago	Illinois	2009	$7.0 billion	$9.9 billion	^[12]
United States National Bank	San Diego	California	1973	$1.3 billion	$8.9 billion	^[13]
First Federal Bank of California	Santa Monica	California	2009	$6.1 billion	$8.7 billion
R-G Premier Bank of Puerto Rico	Hato Rey	Puerto Rico	2010	$5.9 billion	$8.2 billion
Doral Bank	San Juan	Puerto Rico	2015	$5.9 billion	$7.6 billion	^[14]
Franklin Bank	Houston	Texas	2008	$5.1 billion	$7.2 billion
Silverton Bank	Atlanta	Georgia	2009	$4.1 billion	$5.8 billion
Imperial Capital Bank	La Jolla	California	2009	$4.0 billion	$5.7 billion
PFF Bank & Trust	Pomona	California	2008	$3.7 billion	$5.2 billion
La Jolla Bank	La Jolla	California	2010	$3.6 billion	$5 billion
Frontier Bank	Everett	Washington	2010	$3.5 billion	$4.9 billion
First National Bank of Nevada	Reno	Nevada	2008	$3.4 billion	$4.8 billion
Amcore Bank	Rockford	Illinois	2010	$3.4 billion	$4.8 billion
Riverside National Bank of Florida	Fort Pierce	Florida	2010	$3.4 billion	$4.8 billion
Midwest Bank and Trust Company	Elmwood Park	Illinois	2010	$3.2 billion	$4.5 billion
First National Bank, also operating as The National Bank of El Paso	Edinburg	Texas	2013	$3.1 billion	$4.1 billion	^[15]
Superior Bank	Birmingham	Alabama	2011	$3.0 billion	$4.1 billion	^[16]
TierOne Bank	Lincoln	Nebraska	2010	$2.8 billion	$3.9 billion
Irwin Union Bank and Trust Company	Columbus	Indiana	2009	$2.7 billion	$3.8 billion
Orion Bank	Naples	Florida	2009	$2.7 billion	$3.8 billion
EuroBank	San Juan	Puerto Rico	2010	$2.6 billion	$3.6 billion
First Community Bank	Taos	New Mexico	2011	$2.3 billion	$3.1 billion
Integra Bank, N.A.	Evansville	Indiana	2011	$2.2 billion	$3 billion
ANB Financial	Bentonville	Arkansas	2008	$2.1 billion	$3 billion
First Regional Bank	Los Angeles	California	2010	$2.1 billion	$2.9 billion
ShoreBank	Chicago	Illinois	2010	$2.1 billion	$2.9 billion
Silver State Bank	Henderson	Nevada	2008	$2.0 billion	$2.8 billion
New Frontier Bank	Greeley	Colorado	2009	$2.0 billion	$2.8 billion
Georgian Bank	Atlanta	Georgia	2009	$2.0 billion	$2.8 billion
Vineyard Bank	Rancho Cucamonga	California	2009	$1.9 billion	$2.7 billion
Peoples First Community Bank	Panama City	Florida	2009	$1.8 billion	$2.6 billion
County Bank	Merced	California	2009	$1.7 billion	$2.4 billion
Hillcrest Bank	Overland Park	Kansas	2010	$1.6 billion	$2.2 billion
Advanta Bank Corp.	Draper	Utah	2010	$1.6 billion	$2.2 billion
CF Bancorp	Port Huron	Michigan	2010	$1.6 billion	$2.2 billion
Mutual Bank	Harvey	Illinois	2009	$1.6 billion	$2.3 billion
Hamilton Bank	Miami	Florida	2002	$1.3 billion	$2.2 billion
Community Bank of Nevada	Las Vegas	Nevada	2009	$1.5 billion	$2.1 billion
First Bank of Beverly Hills	Calabasas	California	2009	$1.5 billion	$2.1 billion
Temecula Valley Bank	Temecula	California	2009	$1.5 billion	$2.1 billion
New South Federal Savings Bank	Irondale	Alabama	2009	$1.5 billion	$2.1 billion
Community Banks of Colorado	Greenwood Village	Colorado	2011	$1.4 billion	$1.9 billion
Horizon Bank	Bellingham	Washington	2010	$1.3 billion	$1.8 billion
Premier Bank	Jefferson City	Missouri	2010	$1.2 billion	$1.7 billion
Broadway Bank	Chicago	Illinois	2010	$1.2 billion	$1.7 billion
Security Bank of Bibb County	Macon	Georgia	2009	$1.2 billion	$1.7 billion
Charter Bank	Santa Fe	New Mexico	2010	$1.2 billion	$1.7 billion
Alliance Bank	Culver City	California	2009	$1.1 billion	$1.6 billion
City Bank	Lynnwood	Washington	2010	$1.1 billion	$1.5 billion
Columbia River Bank	The Dalles	Oregon	2010	$1.1 billion	$1.5 billion
Community Bank and Trust	Cornelia	Georgia	2010	$1.1 billion	$1.5 billion
Integrity Bank	Alpharetta	Georgia	2008	$1.1 billion	$1.6 billion
Affinity Bank	Ventura	California	2009	$1.0 billion	$1.4 billion
Appalachian Community Bank	Ellijay	Georgia	2010	$1.0 billion	$1.4 billion

List_of_largest_U.S._bank_failures

List of largest bank failures in the United States

See also

References

External links

Share this article: