FDIC failed bank list
Bank failures in 2023
5 insured banks failed in 2023, with combined assets of $532.2B and an estimated cost to the deposit insurance fund of $34.3B. California had the most (2).
| Bank | City | Closed | Assets | Acquirer | Est. cost to FDIC |
|---|---|---|---|---|---|
| Citizens Bank | Sac City, IA | Nov 3, 2023 | $60.4M | Iowa Trust & Savings Bank | $12.5M |
| Heartland Tri-State Bank | Elkhart, KS | Jul 28, 2023 | $139.4M | Dream First Bank,national Association | $42.7M |
| First Republic Bank | San Francisco, CA | May 1, 2023 | $212.6B | Jpmorgan Chase Bank, N.A. | $15.5B |
| Signature Bank | New York, NY | Mar 12, 2023 | $110.4B | Flagstar Bank, N.A. | $0 |
| Silicon Valley Bank | Santa Clara, CA | Mar 10, 2023 | $209.0B | First-Citizens Bank & Trust Company | $18.7B |