Bank failure · OR
Community First Bank (Prineville, OR) — failed August 7, 2009
Community First Bank of Prineville, Oregon was closed on August 7, 2009 and resolved through a purchase and assumption. Home Federal Bank (ID) took over its insured deposits. At failure it held $199.5M in assets and $180.7M in deposits. The FDIC's estimated loss on the failure is $73.6M (36.9% of assets).
- Closing date
- August 7, 2009
- FDIC certificate #
- 23268
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Home Federal Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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