2004 Summary by Month
(Approximate asset dollar volume based on figures from the press releases)
Months | Jun | Mar | Mar | Feb |
---|---|---|---|---|
Bank Failures | 1 | 1 | 1 | 1 |
Approx. Asset (Millions) | 46.40 | 30.30 | 74.10 | 12.30 |
Bank Name | Press Release | Closing Date | Approx. Asset (Millions) | Approx. Deposit (Millions) | Acquirer & Transaction |
---|---|---|---|---|---|
Bank of Ephraim, Ephraim, UT | PR-69-2004 | $46.4 | $45.2 | Far West Bank, Provo, UT agreed to assume all insured deposit accounts. (BIF) |
Bank Name | Press Release | Closing Date | Approx. Asset (Millions) | Approx. Deposit (Millions) | Acquirer & Transaction |
---|---|---|---|---|---|
Reliance Bank, White Plains, NY | PR-24-2004 | $30.3 | $28.0 | Union State Bank, Orangeburg, NY agreed to assume all deposits. (BIF) | |
Guaranty National Bank of Tallahassee, Tallahassee, FL | PR-23-2004, PR-21-2004 | $74.1 | $66.9 | Hancock Bank of Florida, Tallahassee, FL agreed to assume all deposits. (BIF) |
Bank Name | Press Release | Closing Date | Approx. Asset (Millions) | Approx. Deposit (Millions) | Acquirer & Transaction |
---|---|---|---|---|---|
Dollar Savings Bank, Newark, NJ | PR-13-2004 | $12.3 | $9.8 | The FDIC has approved the payout of the insured deposits of Dollar Savings Bank of Newark. (SAIF) |