Bank failure Friday

November 21, 2009

It was a slow night. One small bank failed.


  • Failed bank: Commerce Bank of SW FL, Fort Myers FL
  • Acquiring bank: Central Bank, Stillwater MN
  • Vitals: at 8/28, assets of $79.7m, deposits of $76.7m
  • DIF damage: $23.6m

Central has been busy. They also acquired the assets of Riverview Community Bank and Jennings State Bank in October, as well as Mainstreet Bank in August.

No comments so far

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see