Bank Failure
HOMETOWN NATIONAL BANK
Closed October 2, 2015 · LONGVIEW, WA · FDIC Cert #35156.
- Closing date
- October 2, 2015
- Headquarters
- LONGVIEW, WA
- FDIC Certificate
- 35156
- Total assets at closing
- $3,785,000
- Total deposits at closing
- $3,705,000
- Estimated loss to DIF
- $995,000
- Resolution type
- other
- Acquirer
- TWIN CITY BANK (FDIC Cert #10517)
Context
On October 2, 2015, regulators closed HOMETOWN NATIONAL BANK, headquartered in LONGVIEW, WA. At closing, the institution held approximately $3,785,000 in assets and $3,705,000 in deposits. The FDIC arranged a resolution under which TWIN CITY BANK acquired the failed bank's operations. The estimated cost to the FDIC Deposit Insurance Fund was approximately $995,000.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Other failures in 2015
| Date | Bank | HQ | Assets |
|---|---|---|---|
| 2015-10-02 | THE BANK OF GEORGIA | PEACHTREE CITY, GA | $286,102,000 |
| 2015-07-10 | PREMIER BANK | DENVER, CO | $26,760,000 |
| 2015-05-08 | EDGEBROOK BANK | CHICAGO, IL | $90,034,000 |
| 2015-02-27 | DORAL BANK | SAN JUAN, PR | $5,898,515,000 |
| 2015-02-13 | CAPITOL CITY BANK & TRUST COMPANY | ATLANTA, GA | $272,311,000 |
| 2015-01-23 | HIGHLAND COMMUNITY BANK | CHICAGO, IL | $54,727,000 |
| 2015-01-16 | FIRST NATIONAL BANK OF CRESTVIEW | CRESTVIEW, FL | $73,804,000 |
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