Back by popular demand is the ever popular Friday Failures, in which I chronicle the Friday flight of Sheila Bair as she swoops into cities throughout the land and summarily closes recalcitrant banks. Tonight we have three. Here are the links: Southern Colorado Bank, Pueblo Colorado Jennings State Bank, Spring Grove, Minnesota Warren Bank, Warren, […]

Five is the count for today. Not bad for the beginning of a holiday weekend. Here are the links: First State Bank, Flagstaff, Arizona Platinum Community Bank, Rolling Meadows, Illinois Vantus Bank, Sioux City, Iowa InBank, Oak Forest, Illinois First Bank of Kansas City, Kansas City, Missouri Just a bunch of small banks in the […]

Only three banks went down this Friday. Do you think that having let the private equity guys see the brass ring that Sheila is now teasing them a little by holding back on some of the bigger prizes? Anyway, here are the links. Affinity Bank, Ventura, California Main Street Bank, Forest Lakes, Minnesota Bradford Bank, […]

Another busy Friday as those lovable folks at the FDIC continued to cull the ranks of the nation’s banks. Four was the count today with the biggie being Guaranty Bank. Here are the links: Guaranty Bank, Austin, Texas CapitalSouth Bank, Birmingham, Alabama First Coweta Bank, Newnan, Georgia ebank, Atlanta, Georgia Guaranty was sold to the […]

Swinging her scythe far and wide this Friday, Ms. Bair took down the biggest bank so far this year and threw in four more just because she can. Here are the links: Community Bank of Nevada, Las Vegas, Nevada Community Bank of Arizona, Phoenix, Arizona Union Bank, National Association, Gilbert, Arizona Colonial Bank, Birmingham, Alabama Dwelling […]

Though spanning the continent, the FDIC took down only three victims this week. Here are the links: Community First Bank, Prineville, Oregon National Bank of Sarasota County, Venice, Florida First State Bank, Sarasota, Florida The deposits and branches of the two Florida banks were picked up by Stearns Bank, St. Cloud, Minnesota. It’s always convenient […]

The FDIC was wielding its deadly scythe throughout the land today. It managed to cut down five banks today. Here are the links: Mutual Bank, Harvey, Illionis FirstbankAmericano, Elizabeth, New Jersey Peoples Community Bank, Westchester, Ohio Integrity Bank, Jupiter, Ohio First State Bank of Altus, Altus, Oklahoma If you’re keeping track that makes 69 for […]