Bank Failure
Integra Bank N.A.
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Closed July 29, 2011 · Evansville, IN · FDIC Cert #4392.
- Closing date
- July 29, 2011
- Headquarters
- Evansville, IN
- FDIC Certificate
- 4392
- Total assets at closing
- $1.99B
- Total deposits at closing
- $1.69B
- Estimated loss to the insurance fund
- $26.2M
- Insurance fund
- Deposit Insurance Fund (DIF)
- Resolution
- Failure (closed by regulators)
- Acquirer
- Old National Bank
Context
On July 29, 2011, regulators closed Integra Bank N.A., headquartered in Evansville, IN. At closing, the institution held approximately $1.99B in assets and $1.69B in deposits. The FDIC record names Old National Bank as the acquiring institution in the resolution. The estimated cost to the Deposit Insurance Fund (DIF) was approximately $26.2M.
By assets at closing this is the 109th largest of the 3,526 bank failures in the FDIC record, and the 4th of 92 in 2011. It falls in the period the record labels Global Financial Crisis (2008-2013), a period with 489 failures peaking at 157 in 2010.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did Integra Bank N.A. fail?
Integra Bank N.A. was closed by regulators on July 29, 2011.
Who acquired Integra Bank N.A.?
The FDIC record names Old National Bank as the acquiring institution in the resolution of Integra Bank N.A.
How big was Integra Bank N.A. when it failed?
Integra Bank N.A. had approximately $1.99B in total assets and $1.69B in deposits at the time of failure.
Other failures in 2011
| Date | Bank | Assets |
|---|---|---|
| Dec 16, 2011 | Western National Bank | $162.9M |
| Dec 16, 2011 | Premier Community Bank of the Emerald Coast | $126.0M |
| Nov 18, 2011 | Central Progressive Bank | $383.1M |
| Nov 18, 2011 | Polk County Bank | $91.6M |
| Nov 10, 2011 | Community Bank of Rockmart | $62.4M |
| Nov 4, 2011 | Sunfirst Bank | $198.1M |
| Nov 4, 2011 | Mid City Bank, Inc. | $106.1M |
| Oct 28, 2011 | All American Bank | $34.8M |
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