Failed Bank List

5 failed banks ยท 2014 to 2020

Failed banks taken over by United Fidelity Bank, fsb

United Fidelity Bank, fsb of Evansville, Indiana took over five failed banks between 2014 and 2020, the 13th-highest count among the 318 acquirers of that period. Together they reported $289 million in assets and $276 million in deposits at closing. The largest was First City Bank of Florida, at $137 million. The banks were spread over four states, most in Illinois (2). Two of the deals came in 2015. The first was Columbia Savings Bank of Cincinnati, on May 23, 2014. The FDIC's estimated loss on these failures totals $28.5 million, a median of 8.7% of each bank's assets.

Failed banks taken over by United Fidelity Bank, fsb, by closing date200020052010201520202025First City Bank of Florida, 2020-10-16Highland Community Bank, 2015-01-23Columbia Savings Bank, 2014-05-23Fayette County Bank, 2017-05-26Premier Bank, 2015-07-10
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
May 23, 2014Columbia Savings BankCincinnati, OH$36.5 million$7.2 million
January 23, 2015Highland Community BankChicago, IL$54.7 million$4.7 million
July 10, 2015Premier BankDenver, CO$26.8 million$1.2 million
May 26, 2017Fayette County BankSaint Elmo, IL$34.4 million$8.1 million
October 16, 2020First City Bank of FloridaFort Walton Beach, FL$137 million$7.2 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.