Bank failure · MD

Bank of the Eastern Shore (Cambridge, MD) — failed April 27, 2012

Bank of the Eastern Shore of Cambridge, Maryland was closed on April 27, 2012 and resolved through a dinb. 0 (0) took over its insured deposits. At failure it held $162.5M in assets and $151.0M in deposits. The FDIC's estimated loss on the failure is $57.9M (35.6% of assets).