Bank failure · IL
Inbank (Oak Forest, IL) — failed September 4, 2009
Inbank of Oak Forest, Illinois was closed on September 4, 2009 and resolved through a purchase and assumption. Mb Financial N.A. (IL) took over its insured deposits. At failure it held $209.8M in assets and $209.2M in deposits. The FDIC's estimated loss on the failure is $56.9M (27.1% of assets).
- Closing date
- September 4, 2009
- FDIC certificate #
- 20203
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Mb Financial N.A.
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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