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  • #4950
    shadowfax
    shadowfax
    Survivalist
    member1

    The following 24 banks have failed in 2013:[1]
    Bank City State Date Acquired by Assets
    ($mil.)
    1 Westside Community Bank University Place Washington January 11, 2013 Sunwest Bank 97.7
    2 1st Regents Bank Andover Minnesota January 18, 2013 First Minnesota Bank 50.2
    3 Covenant Bank Chicago Illinois February 15, 2013 Liberty Bank and Trust Company 58.4
    4 Frontier Bank LaGrange Georgia March 8, 2013 HeritageBank of the South 258.8
    5 Gold Canyon Bank Gold Canyon Arizona April 5, 2013 First Scottsdale Bank, NA 45.2
    6 First Federal Bank Lexington Kentucky April 19, 2013 Your Community Bank 100.1
    7 Heritage Bank of North Florida Orange Park Florida April 19, 2013 FirstAtlantic Bank 110.9
    8 Chipola Community Bank Marianna Florida April 19, 2013 First Federal Bank of Florida 39.2
    9 Parkway Bank Lenoir North Carolina April 26, 2013 CertusBank, NA 108.6
    10 Douglas County Bank Douglasville Georgia April 26, 2013 Hamilton State Bank 316.5
    11 Pisgah Community Bank Asheville North Carolina May 10, 2013 Capital Bank, NA 21.9
    12 Sunrise Bank Valdosta Georgia May 10, 2013 Synovus Bank 60.8
    13 Central Arizona Bank Scottsdale Arizona May 14, 2013 Western State Bank 31.6
    14 Banks of Wisconsin Kenosha Wisconsin May 31, 2013 North Shore Bank, FSB 134.0
    15 1st Commerce Bank North Las Vegas Nevada June 6, 2013 Plaza Bank 20.2
    16 Mountain National Bank Sevierville Tennessee June 7, 2013 First Tennessee Bank, National Association 437.3
    17 First Community Bank of South Florida Fort Myers Florida August 2, 2013 C1 Bank 265.7
    18 Bank of Wausau Wausau Wisconsin August 9, 2013 Nicolet National Bank 43.6
    19 Community South Bank Parsons Tennessee August 23, 2013 CB&S Bank, Inc. 386.9
    20 Sunrise Bank of Arizona Phoenix Arizona August 23, 2013 First Fidelity Bank, National Association 202.2
    21 The Community’s Bank Bridgeport Connecticut September 13, 2013 None (insured depositors paid directly) 26.3
    22 First National Bank, also operating as The National Bank of El Paso Edinburg Texas September 13, 2013 PlainsCapital Bank 3,100
    23 Bank of Jackson County Graceville Florida October 30, 2013 First Federal Bank of Florida 25.5
    24 Texas Community Bank, National Association The Woodlands Texas December 13, 2013 Spirit of Texas Bank, SSB 180.1
    List of bank failures in 2014[edit]

    The following 5 banks have failed in 2014:[1]
    Bank City State Date Acquired by Assets
    ($mil.)
    1 Dupage National Bank West Chicago Illinois January 17, 2014 Republic Bank of Chicago 61.7
    2 The Bank of Union El Reno Oklahoma January 24, 2014 BancFirst 331.40
    3 Syringa Bank Boise Idaho January 31, 2014 Sunwest Bank 153.40
    4 Vantage Point Bank Horsham Pennsylvania February 28, 2014 First Choice Bank 63.5
    5 Millennium Bank, National Association Sterling Virginia February 28, 2014 WashingtonFirst Bank 130.3

    #5019
    Tolik
    Tolik
    Survivalist
    member10

    Interesting , I wouldn’t be too worried tho , those were ” small Businesses ” , and like in any sector , the odds are very high that a small business will fail within the first 10 years . And the longer the business stays small , they never get out of the danger zone . Unfortunately , this country is set up now for small business to fail , between , taxation , regulations , etc . , they start out with a mountain to climb .

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