Failed Bank List

Closed Friday, April 30, 2010 · Butler, Bates County, Missouri

BC National Banks

BC National Banks's founding in 1902 put it past its 100th year when it closed. Its assets had shrunk 48% from their peak in the first quarter of 2007 by the last report before closing. It reported a net loss in three of its final nine reporting years.

On the books, 2002 to 2010

Total assets and equity capital each quarter before closing, and the estimated lossTotal assetsEquity capitalEstimated loss$0$30M$60M$90M$120M2003200420052006200720082009Closed
Total assets peaked at $101 million. Equity capital went from 9.4% of assets in the second quarter of 2002 to 1.6% at the last report. The deepest annual loss, $7.6 million, was booked in 2009.
Net income in each reporting year before closing, with equity capital as a share of assets at year endNet income per yearEquity to assets at year end$8M−$8M2002: $134 thousand20029.5%2003: $534 thousand200310%2004: $499 thousand200410%2005: $629 thousand200510%2006: $862 thousand200611%2007: $459 thousand200711%2008: −$1.6 million20089.9%2009: −$7.6 million20092.1%2010: −$687 thousand2010*1.6%
* 2010: January to March only, the last report before closing.

Size against the other 2010 failures

Total assets of the 157 banks that failed in 2010, log scale$1M$10M$100M$1B$10B$100B
Total assets of each 2010 failure, log scale; BC National Banks in red.

By assets it ranked 142nd of the 157 failures in 2010. Within Missouri it ranks 29th by size of the 122 failures recorded since 1934. Across the failures of 2010, the median estimated loss came to 21% of assets. In the size ranking of that year, just above it was The La Coste National Bank of La Coste, Texas ($53.9 million, loss 11% of assets); just below, Carson River Community Bank of Carson City, Nevada ($51.1 million, loss 28% of assets). Every 2010 failure in the explorer.

Regulators closed seven banks that day. The largest of the others was Westernbank Puerto Rico of Mayaguez, Puerto Rico, at $10.8 billion.

Failures in Missouri

It was one of six banks in Missouri to fail in 2010. The previous failure there was Bank of Leeton of Leeton, on January 22, 2010. The next was Southwest Community Bank of Springfield, on May 14, 2010. Bates County has 2 failed banks on FDIC record since 1934. The other: Hume Bank (2008).

Bank failures in Missouri per year, 1980 to 20260258101982: 21983: 11984: 21985: 91986: 101987: 41988: 21989: 71990: 61991: 21992: 81994: 12008: 22009: 32010: 62011: 12012: 419801990200020102020
Per year since 1980, 2010 in red. Every Missouri failure

FDIC certificate 17792 · loss estimate as of July 31, 2026 · How to read this page