Better late than never

August 30, 2009

FDIC shut down three banks on Friday evening. Still waiting on Corus (& First Fed).

#82

  • Failed Bank: Bradford Bank, Baltimore MD
  • Acquiring Bank: M&T Bank
  • Vitals: As of June 30th, assets of $452 million, deposits of $383 million
  • DIF Damage: $97 million

#83

  • Failed Bank: Mainstreet Bank, Forest Lake MN
  • Acquiring Bank: Central Bank, Stillwater MN
  • Vitals: As of June 30th, assets of $459 million, deposits of $434 million
  • DIF Damage: $95 million

#84

  • Failed Bank: Affinity Bank, Ventura CA
  • Acquiring Bank: Pacific Western Bank, San Diego CA
  • Vitals: As of July 10th, assets of $1 billion, deposits of $934 million
  • DIF Damage: $254 million

Again, apologies for the tardiness of this post. I was moving all weekend…

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