Lefomi

Bank failures

Bank failures in 2020

Lefomi’s bank failures pages list FDIC-insured banks closed since 2020, with an index of years and a list for each year. Each entry shows the closing date, total assets, total deposits, the FDIC’s estimated cost to the deposit insurance fund, and the acquiring institution. All details are reported by the FDIC, and the amounts are its figures at the time of closing. Lefomi checks the FDIC records weekly, and a closed bank keeps its page on the site. This record of past bank failures says nothing about any institution that is open today.

FDIC-insured banks · FDIC-reported amounts
BankCityStateFailedAssetsDepositsEstimated costAcquirer
Almena State BankAlmenaKSOctober 23, 2020$65.7M$64.9M$15.9MEquity Bank
First City Bank of FloridaFort Walton BeachFLOctober 16, 2020$137M$134M$7.25MUnited Fidelity Bank, fsb
The First State BankBarboursvilleWVApril 3, 2020$152M$143M$43.7MMVB Bank, Inc.
Ericson State BankEricsonNEFebruary 14, 2020$101M$95.2M$23.3MFarmers and Merchants Bank