Failed Bank List

4 failures ยท $209 million in assets

Bank failures in 2019

Four insured banks failed in 2019; none had failed in 2018. Together they reported $209 million in assets, and the FDIC's estimated loss on them is $25.3 million. The largest was City National Bank of New Jersey of Newark, New Jersey, at $121 million. The costliest for the insurance fund was The Enloe State Bank, at an estimated $18.3 million.

Week by week

  • $1 billion or more
  • $100 million to $1 billion
  • under $100 million
Bank failures in 2019 by week of closingThe Enloe State Bank, 2019-05-31Louisa Community Bank, 2019-10-25Resolute Bank, 2019-10-25City National Bank of New Jersey, 2019-11-01JanFebMarAprMayJunJulAugSepOctNovDec
One square per failed bank, stacked in the week it closed. The median estimated loss was 11% of a failed bank's assets.

Where they failed

Failures by state in 2019: Texas 1, Kentucky 1, Ohio 1, New Jersey 1.

Explore

Filter and sort the 2019 failures by state, size or loss. Other years: 2020.

All 4 failures in 2019, in closing order
ClosedBankLocationAcquired byTotal assetsEst. loss
May 31, 2019The Enloe State BankCooper, TXLegend Bank, N. A.$36.7 million$18.3 million
October 25, 2019Louisa Community BankLouisa, KYKentucky Farmers Bank Corporation$28.2 million$4.3 million
October 25, 2019Resolute BankMaumee, OHBuckeye State Bank$23.3 million$1.6 million
November 1, 2019City National Bank of New JerseyNewark, NJIndustrial Bank$121 million$1.2 million