Lefomi

Bank failures

Bank failures in 2023

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
Citizens BankSac CityIANovember 3, 2023$60.4M$52.3M$12.5MIowa Trust & Savings Bank
Heartland Tri-State BankElkhartKSJuly 28, 2023$139M$130M$42.7MDream First Bank, N.A.
First Republic BankSan FranciscoCAMay 1, 2023$213B$176B$15.5BJPMorgan Chase Bank, N.A.
Signature BankNew YorkNYMarch 12, 2023$110B$88.6B$0Flagstar Bank, N.A.
Silicon Valley BankSanta ClaraCAMarch 10, 2023$209B$175B$18.7BFirst–Citizens Bank & Trust Company