Bank Failure
COMMUNITY BANK OF NEVADA
Closed August 14, 2009 · LAS VEGAS, NV · FDIC Cert #34043.
- Closing date
- August 14, 2009
- Headquarters
- LAS VEGAS, NV
- FDIC Certificate
- 34043
- Total assets at closing
- $1,397,798,000
- Total deposits at closing
- $1,372,744,000
- Estimated loss to DIF
- $557,962,000
- Resolution type
- other
Context
On August 14, 2009, regulators closed COMMUNITY BANK OF NEVADA, headquartered in LAS VEGAS, NV. At closing, the institution held approximately $1,397,798,000 in assets and $1,372,744,000 in deposits. The FDIC resolved the institution without a single-acquirer transaction. The estimated cost to the FDIC Deposit Insurance Fund was approximately $557,962,000.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Other failures in 2009
| Date | Bank | HQ | Assets |
|---|---|---|---|
| 2009-12-18 | FIRST FEDERAL BANK OF CALIFORNIA, A FEDERAL SAVINGS BANK | SANTA MONICA, CA | $6,143,903,000 |
| 2009-12-18 | IMPERIAL CAPITAL BANK | LA JOLLA, CA | $4,046,888,000 |
| 2009-12-18 | PEOPLES FIRST COMMUNITY BANK | PANAMA CITY, FL | $1,795,420,000 |
| 2009-12-18 | NEW SOUTH FEDERAL SAVINGS BANK | IRONDALE, AL | $1,464,127,000 |
| 2009-12-18 | INDEPENDENT BANKERS' BANK | SPRINGFIELD, IL | $585,508,000 |
| 2009-12-18 | ROCKBRIDGE COMMERCIAL BANK | ATLANTA, GA | $294,024,000 |
| 2009-12-18 | CITIZENS STATE BANK | NEW BALTIMORE, MI | $168,551,000 |
| 2009-12-11 | SOLUTIONSBANK | OVERLAND PARK, KS | $511,103,000 |
Explore: all failures · NV bank events · 2009 events · events hub