Bank failure · WA
Hometown National Bank (Longview, WA) — failed October 2, 2015
Hometown National Bank of Longview, Washington was closed on October 2, 2015 and resolved through a purchase and assumption. Twin City Bank (WA) took over its insured deposits. At failure it held $3.8M in assets and $3.7M in deposits. The FDIC's estimated loss on the failure is $995K (26.3% of assets).
- Closing date
- October 2, 2015
- FDIC certificate #
- 35156
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Twin City Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials