7 failures · $410 million in assets
Bank failures in 2000
Seven insured banks failed in 2000, down from 8 in 1999. Together they reported $410 million in assets, and the FDIC's estimated loss on them is $32.5 million. The largest was Hartford-Carlisle Savings Bank of Carlisle, Iowa, at $105 million. The costliest for the insurance fund was The Bank of Falkner, at an estimated $14.6 million.
Week by week
- $1 billion or more
- $100 million to $1 billion
- under $100 million
Where they failed
Failures by state in 2000: Iowa 1, Georgia 1, California 1, Minnesota 1, Mississippi 1, Hawaii 1, Illinois 1.
Explore
Filter and sort the 2000 failures by state, size or loss. Other years: 1999 · 2001.
| Closed | Bank | Location | Acquired by | Total assets | Est. loss |
|---|---|---|---|---|---|
| January 14, 2000 | Hartford-Carlisle Savings Bank | Carlisle, IA | Citizens Bank | $105 million | $11.6 million |
| March 10, 2000 | Mutual Federal Savings Bank | Atlanta, GA | Citizens Trust Bank | $31.5 million | $1.3 million |
| June 2, 2000 | Monument National Bank | Ridgecrest, CA | Israel Discount Bank of New York | $7.9 million | $617 thousand |
| July 14, 2000 | Town and Country Bank of Almelund | Almelund, MN | S&C Bank, Minnesota | $25.9 million | $1.4 million |
| September 29, 2000 | The Bank of Falkner | Falkner, MS | Citizens Bank & Savings Company | $85.5 million | $14.6 million |
| October 13, 2000 | Bank of Honolulu | Honolulu, HI | Bank of the Orient | $63.9 million | $400 thousand |
| December 14, 2000 | The National State Bank of Metropolis | Metropolis, IL | Banterra Bank of Marion | $90.4 million | $2.7 million |