10 Banks Most Likely to Fail

10 Banks Most Likely to Fail

This webinar provided a timely overview of the 10 banks most likely to fail.  This banks were selected based upon financial data, the Echo Partners Bank Rating, and their mimimal capital position.

The 10 banks most likely to fail are:

  • Millenium Bank (VA)  FDIC #35096
  • Chipola Community Bank (FL)  FDIC # 58034
  • Community Bank of Shell Know (MO) FDIC # 21717
  • 1st Commerce Bank (NV) FDIC #58358
  • Guaranty Bank (WI) FDIC # 30003
  • Frontier Bank (GA) FDIC # 16431
  • First Federal Bank (KY) FDIC # 29594
  • Heritage Bank of North Florida (FL) FDIC # 26680
  • Douglas County Bank (GA) FDIC # 21649
  • Parkway Bank (NC) FDIC # 57158

 

These banks include  banks in hard hit geographic locations (5 banks in GA, FL, and NV), 3 very small banks (assets < $50 million), and one large bank (assets > $1 billion).  All of these banks have less than 2% capital to total assets, and one has negative capital.

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