Failed-Bank Deals in 2015
February 17, 2016, 12:00 p.m. EST 1 Min Read
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Failed-Bank Deals in 2015
Failed-Bank Deals in 2015Published Feb. 17, 2016 | ||||
---|---|---|---|---|
Buyer | Failed banks | Completion date | Assets sold ($000) | Deposits assumed ($000) |
First NBC Bank Holding Co. | First National Bank of Crestview | January 16, 2015 | 62,263 | 72,264 |
Fidelity Federal Bancorp | Highland Community Bank | January 23, 2015 | 54,727 | 53,453 |
First Citizens BancShares Inc. | Capitol City Bank & Trust Co. | February 13, 2015 | 275,000 | 264,000 |
Popular Inc.* | Doral Bank | February 27, 2015 | 2,360,388 | 2,193,404 |
Republic Bancorp Co. | Edgebrook Bank | May 8, 2015 | 79,700 | 90,007 |
Fidelity Federal Bancorp | Premier Bank | July 10, 2015 | 31,668 | 29,571 |
Fidelity Southern Corp. | Bank of Georgia | October 2, 2015 | 255,300 | 280,700 |
Twin City Bancorp Inc. | Hometown National Bank | October 2, 2015 | 3,800 | 4,716 |
*Popular later sold portions of Doral's operations fot First BanCorp and Home Bancshares
Source: SNL Financial, Charlottesville, Va.
© 2016 American Banker