Bank failure · OH

Peoples Community Bank (West Chester, OH) — failed July 31, 2009

Peoples Community Bank of West Chester, Ohio was closed on July 31, 2009 and resolved through a purchase and assumption. First Financial Bank, National Association (OH) took over its insured deposits. At failure it held $606.2M in assets and $538.8M in deposits. The FDIC's estimated loss on the failure is $61.5M (10.1% of assets).