Bank failure · WA
Bank of Clark County (Vancouver, WA) — failed January 16, 2009
Bank of Clark County of Vancouver, Washington was closed on January 16, 2009 and resolved through a purchase and assumption (insured deposits). Umpqua Bank (OR) took over its insured deposits. At failure it held $441.1M in assets and $377.5M in deposits. The FDIC's estimated loss on the failure is $150.7M (34.2% of assets).
- Closing date
- January 16, 2009
- FDIC certificate #
- 34959
- Resolution
- Purchase and assumption (insured deposits) (failure)
- Acquiring institution
- Umpqua Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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