Failed Bank List

4 failed banks ยท 2010 to 2012

Failed banks taken over by Heartland Bank and Trust Company

Heartland Bank and Trust Company of Bloomington, Illinois took over four failed banks between 2010 and 2012, the 17th-highest count among the 318 acquirers of that period. Together they reported $1.4 billion in assets and $1.4 billion in deposits at closing. The largest was Citizens First National Bank, at $924 million. All of them were in Illinois. Two of the deals came in 2011. The first was Bank of Illinois of Normal, on March 5, 2010. The FDIC's estimated loss on these failures totals $119 million, a median of 15% of each bank's assets.

Failed banks taken over by Heartland Bank and Trust Company, by closing date200020052010201520202025Citizens First National Bank, 2012-11-02Bank of Illinois, 2010-03-05Western Springs National Bank and Trust, 2011-04-08Bank of Shorewood, 2011-08-05
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 5, 2010Bank of IllinoisNormal, IL$212 million$18.7 million
April 8, 2011Western Springs National Bank and TrustWestern Springs, IL$187 million$38.0 million
August 5, 2011Bank of ShorewoodShorewood, IL$111 million$29.4 million
November 2, 2012Citizens First National BankPrinceton, IL$924 million$32.5 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.