Failed Bank List

4 failed banks ยท 2009 to 2014

Failed banks taken over by Great Southern Bank

Great Southern Bank of Springfield, Missouri took over four failed banks between 2009 and 2014, the 17th-highest count among the 318 acquirers of that period. Together they reported $2.0 billion in assets and $1.6 billion in deposits at closing. The largest was TeamBank, N.A., at $670 million. The banks were spread over four states, most in Kansas (1). Two of the deals came in 2009. The most recent was Valley Bank of Moline, on June 20, 2014. The FDIC's estimated loss on these failures totals $377 million, a median of 20% of each bank's assets.

Failed banks taken over by Great Southern Bank, by closing date200020052010201520202025TeamBank, N.A., 2009-03-20Vantus Bank, 2009-09-04Valley Bank, 2014-06-20Sun Security Bank, 2011-10-07
Each circle is one failed bank, placed at its closing date; area shows total assets.
Every failed bank it took over, in date order
ClosedBankLocationTotal assetsEst. loss
March 20, 2009TeamBank, N.A.Paola, KS$670 million$135 million
September 4, 2009Vantus BankSioux City, IA$504 million$102 million
October 7, 2011Sun Security BankEllington, MO$351 million$93.1 million
June 20, 2014Valley BankMoline, IL$456 million$47.8 million

The FDIC names the acquirer in each failure record. This page lists what that record shows and says nothing about the acquiring bank today.