Bank failure Friday 9-18

September 18, 2009

This post coming to you live, via iPhone, from JFK airport where I’m waiting for my flight to Chicago. Apologies for awkward formatting.

#93/#94

  • Failed banks: Irwin Union Bank & Trust, Columbus IN…Irwin Union Bank FSB, Louisville, KY
  • Acquiring bank: First Financial Bank NA, Hamilton OH
  • Vitals: as if 8/31: assets of $2.7 billion/$493 million, deposits of $2.1 billion/$441 million
  • DIF damage: $850 million

L’shanah tovah everyone!

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Awe, shucks. Who’d a thunk?

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