Bank Failure Friday: Three More Bite the Dust
Financial Articles December 13th. 2009, 1:30am#131
- Failed bank: Republic Federal N.A., Miami FL
- Acquiring bank: 1st United Bank, Boca Raton FL
- Vitals: at 9/30, assets of $433m, deposits of $352.7m
- DIF damage: $122.6m
#132
- Failed bank: Valley Capital Bank N.A., Mesa AZ
- Acquiring bank: Enterprise Bank & Trust, Clayton MO
- Vitals: at 9/30, assets of $40.3m, deposits of $41.3m
- DIF damage: $7.4m
#133
- Failed bank: SolutionsBank, Overland Park KS
- Acquiring bank: Arvest Bank, Fayetteville AK
- Vitals: at 9/30, assets of $511.1m, deposits of $421.3m
- DIF damage: $122.1m