Failures by State
Bank Failures in Maryland
32 FDIC-insured banks headquartered in Maryland have failed since 1938. The most recent was NBRS Financial Bank on October 17, 2014. The worst year was 1992, with 5 failures. Failed banks held $10.27B in assets at closing.
32
Failures
1938 to 2014
$10.27B
Failed assets
At closing
$1.94B
Estimated DIF loss
FDIC estimate
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Largest bank failures in Maryland
| Date | Bank | Assets |
|---|---|---|
| Oct 21, 1992 | Standard FSB | $1.72B |
| Dec 4, 1992 | Second National, FSB | $1.57B |
| Feb 7, 1989 | Baltimore Federal Financial | $1.57B |
| Apr 26, 1991 | John Hanson FSB | $840.7M |
| Jun 1, 1990 | First Annapolis Savings | $720.1M |
| Dec 14, 1989 | Yorkridge-Calvert Federal Savings | $585.8M |
| Nov 5, 2010 | K Bank | $538.3M |
| Aug 28, 2009 | Bradford Bank | $451.9M |
| Jan 30, 2009 | Suburban Federal Savings Bank | $347.4M |
| Feb 9, 1990 | Vermont Sa | $334.9M |
Maryland bank failures by year
Every bank failure in Maryland
| Date | Bank | Assets |
|---|---|---|
| Oct 17, 2014 | NBRS Financial Bank | $155.4M |
| May 30, 2014 | Slavie Federal Savings Bank | $140.1M |
| Apr 27, 2012 | Harvest Bank of Maryland | $163.0M |
| Apr 27, 2012 | Bank of the Eastern Shore | $162.5M |
| Nov 5, 2010 | K Bank | $538.3M |
| Jul 9, 2010 | Bay National Bank | $217.7M |
| Jul 9, 2010 | Ideal Federal Savings Bank | $6.2M |
| Mar 5, 2010 | Waterfield Bank | $155.6M |
| Aug 28, 2009 | Bradford Bank | $451.9M |
| Jan 30, 2009 | Suburban Federal Savings Bank | $347.4M |
| Dec 4, 1992 | Second National, FSB | $1.57B |
| Oct 21, 1992 | Standard FSB | $1.72B |
| Oct 16, 1992 | Universal Bank | $18.0M |
| Aug 28, 1992 | Potomac FSB | $72.3M |
| Feb 28, 1992 | Irvington FSB | $43.8M |
| May 10, 1991 | The Washington Bank (Of Maryland) | $39.0M |
| Apr 26, 1991 | John Hanson FSB | $840.7M |
| Apr 26, 1991 | Augusta FSA | $151.3M |
| Mar 22, 1991 | Republic SB, FSB | $26.4M |
| Jan 4, 1991 | Royal Oak FS & La | $27.3M |
| Jun 1, 1990 | First Annapolis Savings | $720.1M |
| Feb 9, 1990 | Vermont Sa | $334.9M |
| Feb 9, 1990 | Liberty Savings Bank FSB | $49.5M |
| Dec 14, 1989 | Yorkridge-Calvert Federal Savings | $585.8M |
| Mar 2, 1989 | Gibraltar S & L Assoc. | $71.8M |
| Feb 7, 1989 | Baltimore Federal Financial | $1.57B |
| Mar 20, 1987 | First FS&LA | $95.7M |
| Oct 4, 1940 | Savings Bank of Nanticoke | $190K |
| Jan 21, 1939 | The Hillsboro-Queen Anne Bank, Inc. | — |
| Dec 31, 1938 | The Harford Bank | $893K |
| Jul 23, 1938 | Takoma Park Bank | — |
| Jul 1, 1938 | Commercial Bank of Maryland | — |
Source: FDIC failed-bank list. Counts are real closures by headquarters state; FDIC open-bank assistance transactions are not failures and are excluded. Assets and deposits are as reported at closing.
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