FDIC failed bank list
Bank failures in 2020
4 insured banks failed in 2020, with combined assets of $455.0M and an estimated cost to the deposit insurance fund of $90.1M. Kansas had the most (1).
| Bank | City | Closed | Assets | Acquirer | Est. cost to FDIC |
|---|---|---|---|---|---|
| Almena State Bank | Almena, KS | Oct 23, 2020 | $65.7M | Equity Bank | $15.9M |
| First City Bank of Florida | Fort Walton Beach, FL | Oct 16, 2020 | $136.6M | United Fidelity Bank, FSB | $7.2M |
| The First State Bank | Barboursville, WV | Apr 3, 2020 | $151.8M | Mvb Bank, Inc | $43.7M |
| Ericson State Bank | Ericson, NE | Feb 14, 2020 | $100.9M | Farmers and Merchants Bank | $23.3M |