Failed Bank List

4 failed banks ยท 2009 to 2010

Failed banks taken over by Umpqua Bank

Umpqua Bank of Roseburg, Oregon took over four failed banks between 2009 and 2010, 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 Rainier Pacific Bank, at $718 million. The banks were spread over two states, most in Washington (3). Three of the deals came in 2010. The first was Bank of Clark County of Vancouver, on January 16, 2009. The most recent was Nevada Security Bank of Reno, on June 18, 2010. The FDIC's estimated loss on these failures totals $267 million, a median of 13% of each bank's assets.

Failed banks taken over by Umpqua Bank, by closing date200020052010201520202025Rainier Pacific Bank, 2010-02-26Nevada Security Bank, 2010-06-18Bank of Clark County, 2009-01-16Evergreen Bank, 2010-01-22
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
January 16, 2009Bank of Clark CountyVancouver, WA$441 million$151 million
January 22, 2010Evergreen BankSeattle, WA$396 million$43.4 million
February 26, 2010Rainier Pacific BankTacoma, WA$718 million$2.8 million
June 18, 2010Nevada Security BankReno, NV$492 million$70.0 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.