27 failures since 1934 · $1.9 billion estimated loss
Bank failures in Washington
Washington has 27 bank failures on FDIC record since 1934, 0.8% of the national total and the 34th-highest count of any state or territory. The worst year was 2010, with 11. Since 2000 there have been 19; the most recent was Hometown National Bank on October 2, 2015. The largest by assets was Frontier Bank of Everett, with $3.3 billion, in 2010.
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| October 2, 2015 | Hometown National Bank | Longview, WA | $3.8 million | $995 thousand |
| January 11, 2013 | Westside Community Bank | University Place, WA | $91.9 million | $22.9 million |
| August 5, 2011 | Bank of Whitman | Colfax, WA | $549 million | $101 million |
| May 27, 2011 | First Heritage Bank | Snohomish, WA | $173 million | $33.6 million |
| May 20, 2011 | Summit Bank | Burlington, WA | $143 million | $24.2 million |
| November 5, 2010 | Pierce Commercial Bank | Tacoma, WA | $221 million | $26.8 million |
| October 1, 2010 | Shoreline Bank | Shoreline, WA | $93.0 million | $23.5 million |
| September 24, 2010 | North County Bank | Arlington, WA | $289 million | $70.8 million |
| July 30, 2010 | The Cowlitz Bank | Longview, WA | $489 million | $31.3 million |
| June 11, 2010 | Washington First International Bank | Seattle, WA | $521 million | $95.2 million |
| April 30, 2010 | Frontier Bank | Everett, WA | $3.3 billion | $454 million |
| April 16, 2010 | City Bank | Lynnwood, WA | $982 million | $155 million |
| February 26, 2010 | Rainier Pacific Bank | Tacoma, WA | $718 million | $2.8 million |
| January 29, 2010 | American Marine Bank | Bainbridge Island, WA | $329 million | $28.4 million |
| January 22, 2010 | Evergreen Bank | Seattle, WA | $396 million | $43.4 million |
| January 8, 2010 | Horizon Bank | Bellingham, WA | $1.2 billion | $205 million |
| September 11, 2009 | Venture Bank | Lacey, WA | $968 million | $201 million |
| May 8, 2009 | Westsound Bank | Bremerton, WA | $335 million | $81.0 million |
| January 16, 2009 | Bank of Clark County | Vancouver, WA | $441 million | $151 million |
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| July 2, 1993 | The Emerald City Bank | Seattle, WA | $7.8 million | $1.1 million |
| February 8, 1991 | Family Savings and Loan Association | Seattle, WA | $99.6 million | $3.6 million |
| February 23, 1990 | Frontier Federal Savings and Loan Association | Walla Walla, WA | $147 million | $10 thousand |
| March 31, 1989 | Gibraltar Savings, FA | Seattle, WA | $1.7 billion | $59 thousand |
| June 17, 1988 | The Liberty Bank of Seattle | Seattle, WA | $19.1 million | $8.4 million |
| March 21, 1986 | Guaranty Savings and Loan Association | Longview, WA | $22.3 million | $3.4 million |
| August 30, 1985 | Westside Federal Savings and Loan Association | Seattle, WA | $378 million | $101 million |
| March 26, 1940 | The First National Bank of Wenatchee | Wenatchee, WA | not reported | not estimated |