Bank failure · IL

Community Bank of Lemont (Lemont, IL) — failed October 30, 2009

Community Bank of Lemont of Lemont, Illinois was closed on October 30, 2009 and resolved through a purchase and assumption. U.S. Bank, NA (MN) took over its insured deposits. At failure it held $81.8M in assets and $80.7M in deposits. The FDIC's estimated loss on the failure is $25.9M (31.7% of assets).