51 Bank Failures Total For 2012

[Letsbereal]

Bank Failures Rise to 3 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

January 20, 2012, American Eagle Savings Bank  City: Boothwyn  State:PA

January 20, 2012, The First State Bank  City: Stockbridge  State: GA

January 20, 2012, Central Florida State Bank  City: Belleview  State: FL

More info here: http://www.calculatorplus.com/savings/advice_failed_banks.html

In 2011, a total of 92 banks collapsed, compared with 157 in 2010: http://forum.prisonplanet.com/index.php?topic=198469.msg1330544#new

[Letsbereal]

Bank Failures Rise to7 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

January 27, 2012, BankEast  City: Knoxville  State: TN

January 27, 2012, Patriot Bank Minnesota  City: Forest Lake  State: MN

January 27, 2012, Tennessee Commerce Bank  City: Franklin  State: TN

January 27, 2012, First Guaranty Bank and Trust Company of Jacksonville  City: Jacksonville  State: FL

[Letsbereal]

Bank Failures Rise to 9 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

February 10, 2012, SCB Bank  City: Shelbyville  State: IN

February 10, 2012, Charter National Bank and Trust  City:Hoffman Estates  State: IL

[kerrymti]

Yes, there are many bank failures so far this year...however, I get the daily email updates from the FDIC (you can sign up at their website), the number of smaller banks being 'swallowed' up is blowing my mind.  I have been getting these updates for over two years now, I can honestly say the numbers are staggering and definitely have increased dramatically over the last 6 months.

[Letsbereal]

Bank Failures Rise to 10 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

February 24, 2012, Central Bank of Georgia  City: Ellaville  State: GA

[Letsbereal]

Bank Failures Rise to 11 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

February 24, 2012, Home Savings of America  City: Little Falls  State: MN

More info here: http://www.marketwatch.com/story/regulators-close-home-savings-of-america-in-minn-2012-02-24

[Constitutionary]

The American Dream Film-Full Length
 
https://www.youtube.com/watch?v=tGk5ioEXlIM


The Money Masters.

http://video.google.com/videoplay?docid=-515319560256183936&q=The+money+changers&ei=Zd4QSMjvB47YqAKQtJmzBA


People had better wake up.

[Letsbereal]

Bank Failures Rise to 12 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

March 2, 2012, Global Commerce Bank  City: Doraville  State: GA

[Letsbereal]

Bank Failures Rise to 13 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

March 9, 2012, New City Bank  City: Chicago  State: IL

[Letsbereal]

Bank Failures Rise to 15 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

March 23, 2012, Premier Bank  City: Wilmette  State: IL

March 23, 2012, Covenant Bank & Trust  City: Rock Spring  State: GA

[Letsbereal]

Bank Failures Rise to 16 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

March 30, 2012, Fidelity Bank  City: Dearborn  State: MI

[TahoeBlue]

http://www.thestreet.com/story/11420284/1/165-banks-on-the-brink.html
165 Banks On the Brink
By Philip van Doorn 02/16/12 - 06:00 AM EST

NEW YORK (TheStreet) -- With year-end data for 99% of the nation's savings and loan associations now available, there are 165 undercapitalized institutions on the TheStreet's Bank Watch List, which is 12 more than last quarter. This is despite 13 banks being shuttered by regulators since the final third-quarter watch list was published in November ...

http://www.thestreet.com/stock-market-news/11420256/undercapitalized-bank-list--dec-30-2011-mil.html

[Letsbereal]

Bank Failures Rise to 17 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

April 20, 2012, Fort Lee Federal Savings Bank, FSB  City: Fort Lee  State: NJ

More info here: Fort Lee Federal is 17th bank failure of year http://www.marketwatch.com/story/fort-lee-federal-is-17th-bank-failure-of-year-2012-04-20

[Letsbereal]

FDIC: Bank failures will cost $12 billion by 2016
23 April 2012, by Ronald D. Orol - Washington (MarketWatch)
http://www.marketwatch.com/story/fdic-bank-failures-will-cost-12-billion-by-2016-2012-04-23

The Federal Deposit Insurance Corp. on Monday projected that bank failures will cost the agency $12 billion for the five years ending in 2016.

The agency made the estimate in a report providing new details about its deposit insurance fund, a pool of capital funded by fees paid by banks and used to protect depositors when institutions fail.

According to the report, the fund balance has increased for eight consecutive quarters, following seven quarters of decline and stands at $11.8 billion.

It has risen by $33 billion from a low of negative $20.9 billion at the end of 2009.

In October, 2011, the FDIC predicted that failures for a five-year period of 2011 through 2015 would cost the agency $19 billion.

The new report said that the projected costs for that five-year period remains “approximately” the same.

However, James Chessen, the chief economist at the American Bankers Association, said in a statement that the FDIC’s fund is even healthier than expected and that the agency has been “overly conservative” in setting aside for failures that have not happened.

He added that banks will provide more than $65 billion in revenue to the FDIC over the next five years, more than five times what the agency expects in failure costs.

[Letsbereal]

Bank Failures Rise to 22 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

April 27, 2012, Palm Desert National Bank  City: Palm Desert  State: CA

April 27, 2012, Plantation Federal Bank  City: Pawleys Island  State: SC

April 27, 2012, Inter Savings Bank, fsb D/B/A InterBank, fsb  City: Maple Grove  State: MN

April 27, 2012, HarVest Bank of Maryland  City: Gaithersburg  State: MD

April 27, 2012, Bank of the Eastern Shore  City: Cambridge  State: MD

[Letsbereal]

Bank Failures Rise to 23 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

May 04, 2012, Security Bank, National Association  City: North Lauderdale  State: FL

More info here: Security Bank becomes year's 23rd U.S. failure http://www.marketwatch.com/story/security-bank-becomes-years-23rd-us-failure-2012-05-04

[Letsbereal]

Bank Failures Rise to 24 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

May 18, 2012, Alabama Trust Bank, National Association  City: Sylacauga  State: AL

More info here: Alabama Trust is year's 24th U.S. bank failure http://www.marketwatch.com/story/alabama-trust-is-years-24th-us-bank-failure-2012-05-18

[Letsbereal]

FDIC: Bank profits at highest level since 2007 - Industry ‘continues to gradually improve,’ FDIC’s Gruenberg says
24 May 2012, by Ronald D. Orol, MarketWatch - Washington (MarketWatch)
http://www.marketwatch.com/story/fdic-bank-profits-at-highest-level-since-2007-2012-05-24-101035418

Bank profits in the first quarter of 2012 reached their highest quarterly income levels in nearly five years, a federal banking regulator said Thursday.

“The condition of the industry continues to gradually improve,” said Federal Deposit Insurance Corp. Chairman Martin Gruenberg.

However, total bank loan and lease balances declined by $56 billion in the quarter, a situation that the agency chief said was “disappointing” after the industry saw three quarters of growth last year.

Bank net income for the first quarter of 2012 was $35.3 billion, up by $6.6 billion from the first quarter of 2011. The FDIC said that once again lower provisions for loan losses contributed to earnings improvements.

Gruenberg said that the decline in bank loan balances was the result of a variety of factors including seasonal repayments of credit-card balances that he said typically take place in the first quarter. He also noted that an increase in sales of mortgage loans during the quarter contributed to a decline in loans held on bank balance-sheets.

Finally, commercial real estate loans and home equity loans continued to contract, he added.

Nevertheless, Gruenberg said everyone should be “cautious” in drawing conclusions from “just one quarter” of loan balance cuts.

Meanwhile, revenue increased for only the second time in the past five quarters. Net operating revenue increased by $5 billion year over year. Gruenberg said it “remains to be seen” if banks can sustain revenue growth.

The number of banks in financial distress continued to decline. The number of banks on the FDIC’s “problem list” fell to 772 from 813 during the first quarter of 2012 and the assets of problem institutions fell to $292 billion from $319 billion.

It is unclear how many dropped off the problem list because they failed and how many dropped off because they improved their financial situation. The number of FDIC reporting banks declined to 7,307 at the end of the quarter from 7,357 at the end of 2011.

Gruenberg noted that only 16 banks failed in the first quarter, the fewest failures in any one quarter since the fourth quarter of 2008.

“While the trend in troubled institutions continues to improve, numbers of both failures and problem institutions remain high by historical standards,” he said.

[Letsbereal]

Bank Failures Rise to 28 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

June 8, 2012, First Capital Bank  City: Kingfisher  State: OK

June 8, 2012, Carolina Federal Savings Bank  City: Charleston  State: SC

June 8, 2012, Farmers' and Traders' State Bank  City: Shabbona  State: IL

June 8, 2012, Waccamaw Bank  City: Whiteville  State: NC

[Letsbereal]

Bank Failures Rise to 31 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

June 15, 2012, The Farmers Bank of Lynchburg  City: Lynchburg  State: TN

June 15, 2012, Security Exchange Bank  City: Marietta  State: GA

June 15, 2012, Putnam State Bank  City: Palatka  State: FL

More info here: Regulators shut three banks, failures total 31 http://www.marketwatch.com/story/regulators-shut-three-banks-failures-total-31-2012-06-15

[Letsbereal]

Bank Failures Rise to 32 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

July 6, 2012, Montgomery Bank & Trust  City: Ailey  State: GA

More info here: Georgia's Montgomery Bank & Trust shut down http://www.marketwatch.com/story/georgias-montgomery-bank-trust-shut-down-2012-07-06

[Letsbereal]

Bank Failures Rise to 33 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

July 13, 2012, Glasgow Savings Bank  City: Glasgow  State: MO

More info here: Missouri's Glasgow Savings Bank shut down http://www.marketwatch.com/story/missouris-glasgow-savings-bank-shut-down-2012-07-13

[Letsbereal]

Bank Failures Rise to 38 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

July 20, 2012, Second Federal Savings and Loan Association of Chicago  City: Chicago  State: IL

July 20, 2012, Heartland Bank  City: Leawood  State: KS

July 20, 2012, First Cherokee State Bank Bank  City: Woodstock  State: GA

July 20, 2012, Georgia Trust Bank  City: Buford  State: GA

July 20, 2012, The Royal Palm Bank of Florida  City: GNaples  State: FL

More info here: Banks closed in 4 states; 2012 tally hits 38 http://www.marketwatch.com/story/banks-closed-in-4-states-2012-tally-hits-38-2012-07-21

[Letsbereal]

Bank Failures Rise to 39 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

July 27, 2012, Jasper Banking Company  City: Jasper  State: GA

More info here: Georgia bank failure brings year's tally to 39 http://www.marketwatch.com/story/georgia-bank-failure-brings-years-tally-to-39-2012-07-27

[Letsbereal]

Bank Failures Rise to 40 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

August 3, 2012, Waukegan Savings Bank  City: Waukegan  State: IL

More info here: Waukegan Savings Bank is 40th bank failure of year http://www.marketwatch.com/story/waukegan-savings-bank-is-40th-bank-failure-of-year-2012-08-03-19911243

[Letsbereal]

Bank Failures Rise to 41 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

September 7, 2012, First Commercial Bank  City: Bloomington  State: MN

More info here: Minnesota bank is year's 41st U.S. bank failure http://www.marketwatch.com/story/minnesota-bank-is-years-41st-us-bank-failure-2012-09-07

[Letsbereal]

Bank Failures Rise to 42 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

September 14, 2012, Truman Bank  City: St. Louis  State: MO

More info here: Mo.'s Truman Bank year's 42nd U.S. bank failure http://www.marketwatch.com/story/mos-truman-bank-years-42nd-us-bank-failure-2012-09-14

[Letsbereal]

Bank Failures Rise to 43 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

September 28, 2012, First United Bank  City: Crete  State: IL

More info here: Illinois bank 43rd to fail in U.S. in 2012 http://www.marketwatch.com/story/illinois-bank-43rd-to-fail-in-us-in-2012-2012-09-29

[kerrymti]

Thanks LBR.  We need the constant reminders.  This thing appears to be gathering momentum...not just with bank failures, but also smaller banks being swallowed by larger...

[Letsbereal]

St. Louis Fed maps 460 bank failures since 2007
1 October 2012, by Wallace Witkowski (MarketWatch - Blogs)
http://blogs.marketwatch.com/thetell/2012/10/01/st-louis-fed-maps-460-bank-failures-since-2007/

The St. Louis Fed decided to celebrate the start of fiscal 2013 by publishing a cool interactive map showing all the U.S. bank failures since 2007.

Since that time 460 U.S. banks have failed, according to the Federal Deposit Insurance Corp., with 84 of those, about 18%, occurring in Georgia alone.

The FDIC currently insures deposits at just more than 7,200 banks and savings & loans.

The number of bank failures peaked in 2010 when 157 bank were closed but the big ones went under in 2008 and 2009, when 25 banks and 140 banks were closed, respectively.

See the complete interactive map at the St. Louis Fed’s website: http://research.stlouisfed.org/maps/failed_banks.php

Some of the biggest include:

    - Washington Mutual Bank in Nevada and Utah: Closed in September 2008 with assets of $307 billion and deposits of $188 billion.

    - IndyMac Bank in California: Closed in July 2008 with assets of $32 billion and deposits of $19 billion.

    - Colonial Bank in Alabama: Closed in August 2009 with assets of $25 billion and deposits of $20 billion.

    - Guaranty Bank in Texas: Closed in August 2009 with assets of $13 billion and total deposits of $12 billion.

    - BankUnited in Florida: Closed in May 2009, with assets of $12.8 billion and deposits of $8.6 billion.

    - AmTrust Bank in Ohio: Closed in in December 2009 with assets of $12 billion and total deposits of $8 billion.

    - United Commercial Bank in California: Closed in November 2009 with assets of $11.2 billion and deposits of $7.5 billion.

[Letsbereal]

Bank Failures Rise to 46 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

October 19, 2012,  Excel Bank  City: Sedalia  State: MO

October 19, 2012,  First East Side Savings Bank  City: Tamarac  State: FL

October 19, 2012,  GulfSouth Private Bank  City: Destin  State: FL

More info here: Two bank failures take U.S. tally to 46, FDIC says http://www.marketwatch.com/story/two-bank-failures-take-us-tally-to-46-fdic-says-2012-10-19-1991357

[Letsbereal]

Bank Failures Rise to 47 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

October 26, 2012,  NOVA Bank  City: Berwyn  State: PA

More info here: Pennsylvania bank fails; 47th in U.S. in 2012 http://www.marketwatch.com/story/pennsylvania-bank-fails-47th-in-us-in-2012-2012-10-26

[Letsbereal]

Bank Failures Rise to 49 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

November 2, 2012,  Citizens First National Bank  City: Princeton  State: IL

November 2, 2012,  Heritage Bank of Floridak  City: Lutz  State: FL

More info here: Latest U.S. bank failures take 2012 tally to 49 http://www.marketwatch.com/story/latest-us-bank-failures-take-2012-tally-to-49-2012-11-02-18913812

[TahoeBlue]

What do you need with banks, if people don't have any money?

[Letsbereal]

What do you need with banks, if people don't have any money?

Yeah, you know what Stalin said: "One banker one problem, no banker no problem"

Confusius said about the same but than in Chinese LOlz

Jezus hit them with a stick, was written.

But don’t believe everything you read

[Letsbereal]

Bank Failures Rise to 50 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

November 16, 2012, Hometown Community Bank City: Braselton  State: GA

[Letsbereal]

Bank Failures Rise to 51 for 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

December 14, 2012, Community Bank of the Ozarks  City: Sunrise Beach  State: MO

More info here: Missouri's Community Bank of Ozarks closed: FDIC http://www.marketwatch.com/story/missouris-community-bank-of-ozarks-closed-fdic-2012-12-14-1791474

[jaymey]

"Hey guys...I've been getting hammered in my silver position, but I saw this article here  http://www.contangodown.com/precious-metals/metals-update/ and it made me re-consider. What do you all think?"

[Letsbereal]

"Hey guys...I've been getting hammered in my silver position, but I saw this article here  http://www.contangodown.com/precious-metals/metals-update/ and it made me re-consider. What do you all think?"

I think you should have posted here  BUY PHYSICAL SILVER to expose JP Morgan's Fraud...BANKERS OR US http://forum.prisonplanet.com/index.php?topic=191915.msg1392108#msg1392108

And BTFD (Buy The f**kin Dip). Evil Genius explains why Blyth Masters of JP Morgan loves us http://www.youtube.com/watch?v=Ud0pdhoisxc

[Letsbereal]

In 2011 92 banks failed, compared with 157 in 2010 and 140 in 2009 http://forum.prisonplanet.com/index.php?topic=198469.msg1330516#msg1330516

First Bank Failure For 2013 - 51 Total For 2012

FDIC Failed Bank List: http://www.fdic.gov/bank/individual/failed/banklist.html

January 11, 2013, Westside Community Bank  City: University Place  State: WA

More info here: FDIC shutters first bank of 2013 http://www.marketwatch.com/story/fdic-shutters-first-bank-of-2013-2013-01-12

NEW Bank Failure Topic 2013 here: http://forum.prisonplanet.com/index.php?topic=240619.0