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East West Bank 11,200 121 Century Bank, F.S.B. Sarasota: Florida November 13, 2009: IBERIABANK 728 122 Orion Bank Naples Florida November 13, 2009: IBERIABANK 2,700 123 Pacific Coast National Bank San Clemente: California November 13, 2009: Sunwest Bank 134 124 Commerce Bank of Southwest Florida Fort Myers: Florida November 20, 2009: Central ...
One half of the country is experiencing the banking turmoil of 2023 quite differently than the other half. Three of the four banks that collapsed so far this year were in one state: California.
West Coast Bancorp was a publicly traded financial services holding company headquartered in Lake Oswego, Oregon. Its principal holding was West Coast Bank, a full-service, commercial bank with 63 branches in 40 cities in western and central Oregon and western Washington. As of December 31, 2006, the company had deposits totaling $2 billion and ...
Silver State Bank Henderson: Nevada: 2008 $2.0 billion $2.8 billion New Frontier Bank Greeley: Colorado: 2009 $2.0 billion $2.8 billion Georgian Bank Atlanta: Georgia: 2009 $2.0 billion $2.8 billion Vineyard Bank Rancho Cucamonga: California: 2009 $1.9 billion $2.7 billion Peoples First Community Bank Panama City: Florida: 2009 $1.8 billion $2. ...
Shares of smaller regional lender PacWest Bank plunged nearly 50% Thursday after the company confirmed reports that it was considering "strategic options," that may include the sale of the company.
In the case of New York Community Bancorp, it was largely one office loan and one co-op loan that were responsible for a steep rise in net charge-offs to $185 million from $1 million in the year ...
Retail and mortgage bank £ 1.26 × 10 ^ 9 [11] August 26, 2008: Roskilde Bank: Danmarks Nationalbank (Danish Central Bank) Retail bank $ 896,800,000 (kr4,500,000,000) [12] September 5, 2008: Silver State Bank: Federal Deposit Insurance Corporation: Commercial bank [13] September 7, 2008: Fannie Mae and Freddie Mac: Federal Housing Finance ...
The bank was placed under receivership by the FDIC, which immediately established Signature Bridge Bank, N.A. to operate its marketed assets to bidders. [67] Signature Bank had been under multiple federal investigations, ongoing at the time of the bank's collapse, regarding the rigor of its anti-money laundering measures.