Bank failure · MI
Citizens State Bank (New Baltimore, MI) — failed December 18, 2009
Citizens State Bank of New Baltimore, Michigan was closed on December 18, 2009 and resolved through a dinb. 0 (0) took over its insured deposits. At failure it held $168.6M in assets and $157.1M in deposits. The FDIC's estimated loss on the failure is $68.2M (40.4% of assets).
- Closing date
- December 18, 2009
- FDIC certificate #
- 1006
- Resolution
- DINB (failure)
- Acquiring institution
- 0
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
Other failures in 2009
- Peoples First Community Bank FL
- New South Federal Savings Bank AL
- First Federal Bank of California, a Federal Savings Bank CA
- Independent Bankers' Bank IL
- Imperial Capital Bank CA
- Rockbridge Commercial Bank GA
- Republic Federal Bank, N.A. FL
- Valley Capital Bank, N.A. AZ
- Solutionsbank KS
- Greater Atlantic Bank VA
- Amtrust Bank OH
- First Security National Bank GA
- Benchmark Bank IL
- The Buckhead Community Bank GA
- The Tatnall Bank GA
- Commerce Bank of Southwest Florida FL
- Orion Bank FL
- Century Bank, a Federal Savings Bank FL
- Pacific Coast National Bank CA
- Prosperan Bank MN
- United Commercial Bank CA
- Home Federal Savings Bank MI
- United Security Bank GA
- Gateway Bank of St Louis MO