2001 Summary by Month
(Approximate asset dollar volume based on figures from the press releases)
| Months | Sep | Jul | May | Feb |
|---|---|---|---|---|
| Bank Failures | 1 | 1 | 1 | 1 |
| Approx. Asset (Millions) | 30.70 | 2300.00 | 9.50 | 18.40 |
| Bank Name | Press Release | Closing Date | Approx. Asset (Millions) | Approx. Deposit (Millions) | Acquirer & Transaction |
|---|---|---|---|---|---|
| Sinclair National Bank, Gravette, AR | PR-63-2001 | $30.7 | $25.7 | Delta Trust and Bank, Parkdale, AR agreed to assume all insured deposits. (BIF) |
| Bank Name | Press Release | Closing Date | Approx. Asset (Millions) | Approx. Deposit (Millions) | Acquirer & Transaction |
|---|---|---|---|---|---|
| Superior Bank, FSB, Hinsdale, IL | PR-52-2001 | $2,300.0 | $1,600.0 | The Federal Deposit Insurance Corporation today transferred the insured deposits and substantially all the assets of Superior Bank, FSB, Hinsdale, IL, to Superior Federal, FSB (New Superior), a newly chartered, full-service mutual savings bank. The bank was closed earlier today by the Office of Thrift Supervision, and the FDIC was named conservator. (SAIF) |
| Bank Name | Press Release | Closing Date | Approx. Asset (Millions) | Approx. Deposit (Millions) | Acquirer & Transaction |
|---|---|---|---|---|---|
| Malta National Bank, Malta, OH | PR-32-2001 | $9.5 | $8.8 | North Valley Bank, Zanesville, OH agreed to assume all deposits. (BIF) |
| Bank Name | Press Release | Closing Date | Approx. Asset (Millions) | Approx. Deposit (Millions) | Acquirer & Transaction |
|---|---|---|---|---|---|
| First Alliance Bank & Trust Co., Manchester, NH | PR-11-2001 | $18.4 | $17.5 | Southern New Hampshire Bank and Trust Company, Salem, NH agreed to assume all deposits. |