The Federal Deposit Insurance Corp. was appointed receiver of the failed banks: Community Bank of West Georgia, based in Villa Rica, and Neighborhood Community Bank, located in Newnan. Community Bank of West Georgia had $199.4 million in assets and $182.5 million in deposits as of May 15. Neighborhood Community Bank had $221.6 million in assets and $191.3 million in deposits as of March 31.

They brought to 14 the number of banks in Georgia that have failed since the beginning of last year, more than in any other state. Most of the failures have involved banks in the Atlanta area, where the collapse of the real estate market brought economic dislocation.

The FDIC estimates that the cost to the deposit insurance fund from the failure of Community Bank of West Georgia will be $85 million.

http://www.wsbtv.com/news/19874132/detail.html

Also taken over by the FDIC Friday: Horizon Bank in Pine City, Minn.; MetroPacific Bank in Irvine, Calif.; and Mirae Bank in Los Angeles.

The number of banks on the FDIC's list of problem institutions leaped to 305 in the first quarter — the highest number since 1994 during the savings and loan crisis — from 252 in the fourth quarter. The combined assets of those banks rose to $220 billion from $159 billion.

http://www.ajc.com/business/content/shared-gen/ap/Finance_General/US_Ban...

FDIC Failed Bank List for 2009

Mirae Bank, Los Angeles, CA 57332 June 26, 2009 June 26, 2009
Metro Pacific Bank, Irvine, CA 57893 June 26, 2009 June 26, 2009
Horizon Bank, Pine City, MN 9744 June 26, 2009 June 26, 2009
Neighborhood Community Bank, Newnan, GA 35285 June 26, 2009 June 26, 2009
Community Bank of West Georgia, Villa Rica, GA 57436 June 26, 2009 June 26, 2009
First National Bank of Anthony, Anthony, KS 4614 June 19, 2009 June 23, 2009
Cooperative Bank, Wilmington, NC 27837 June 19, 2009 June 23, 2009
Southern Community Bank, Fayetteville, GA 35251 June 19, 2009 June 23, 2009
Bank of Lincolnwood, Lincolnwood, IL 17309 June 5, 2009 June 12, 2009
Citizens National Bank, Macomb, IL 5757 May 22, 2009 June 1, 2009
Strategic Capital Bank, Champaign, IL 35175 May 22, 2009 June 23, 2009
BankUnited, FSB, Coral Gables, FL 32247 May 21, 2009 June 8, 2009
Westsound Bank, Bremerton, WA 34843 May 8, 2009 May 12, 2009
America West Bank, Layton, UT 35461 May 1, 2009 May 18, 2009
Citizens Community Bank, Ridgewood, NJ 57563 May 1, 2009 May 7, 2009
Silverton Bank, N.A., Atlanta, GA 26535 May 1, 2009 May 7, 2009
First Bank of Idaho, Ketchum, ID 34396 April 24, 2009 May 18, 2009
First Bank of Beverly Hills, Calabasas, CA 32069 April 24, 2009 May 18, 2009
Michigan Heritage Bank, Farmington Hills, MI 34369 April 24, 2009 May 7, 2009
American Southern Bank, Kennesaw, GA 57943 April 24, 2009 May 7, 2009
Great Basin Bank of Nevada, Elko, NV 33824 April 17, 2009 May 18, 2009
American Sterling Bank, Sugar Creek, MO 8266 April 17, 2009 May 7, 2009
New Frontier Bank, Greeley, CO 34881 April 10, 2009 May 7, 2009
Cape Fear Bank, Wilmington, NC 34639 April 10, 2009 May 7, 2009
Omni National Bank, Atlanta, GA 22238 March 27, 2009 May 7, 2009
TeamBank, National Association, Paola, KS 4754 March 20, 2009 May 7, 2009
Colorado National Bank, Colorado Springs, CO 18896 March 20, 2009 May 7, 2009
FirstCity Bank, Stockbridge, GA 18243 March 20, 2009 May 7, 2009
Freedom Bank of Georgia, Commerce, GA 57558 March 6, 2009 May 7, 2009
Security Savings Bank, Henderson, NV 34820 February 27, 2009 May 7, 2009
Heritage Community Bank, Glenwood, IL 20078 February 27, 2009 May 7, 2009
Silver Falls Bank, Silverton, OR 35399 February 20, 2009 May 7, 2009
Pinnacle Bank of Oregon, Beaverton, OR 57342 February 13, 2009 May 7, 2009
Corn Belt Bank and Trust Company, Pittsfield, IL 16500 February 13, 2009 May 7, 2009
Riverside Bank of the Gulf Coast, Cape Coral, FL 34563 February 13, 2009 May 7, 2009
Sherman County Bank, Loup City, NE 5431 February 13, 2009 May 7, 2009
County Bank, Merced, CA 22574 February 6, 2009 May 7, 2009
Alliance Bank, Culver City, CA 23124 February 6, 2009 May 7, 2009
FirstBank Financial Services, McDonough, GA 57017 February 6, 2009 May 7, 2009
Ocala National Bank, Ocala, FL 26538 January 30, 2009 May 7, 2009
Suburban Federal Savings Bank, Crofton, MD 30763 January 30, 2009 May 7, 2009
MagnetBank, Salt Lake City, UT 58001 January 30, 2009 May 7, 2009
1st Centennial Bank, Redlands, CA 33025 January 23, 2009 May 1, 2009
Bank of Clark County, Vancouver, WA 34959 January 16, 2009 April 24, 2009
National Bank of Commerce, Berkeley, IL 19733 January 16, 2009 April 24, 2009
Sanderson State Bank, Sanderson, TX
En Español 11568 December 12, 2008 April 24, 2009
Haven Trust Bank, Duluth, GA 35379 December 12, 2008 May 28, 2009
First Georgia Community Bank, Jackson, GA 34301 December 5, 2008 April 24, 2009
PFF Bank and Trust, Pomona, CA 28344 November 21, 2008 April 24, 2009
Downey Savings and Loan, Newport Beach, CA 30968 November 21, 2008 April 24, 2009
The Community Bank, Loganville, GA 16490 November 21, 2008 April 24, 2009
Security Pacific Bank, Los Angeles, CA 23595 November 7, 2008 May 28, 2009
Franklin Bank, SSB, Houston, TX 26870 November 7, 2008 June 11, 2009
Freedom Bank, Bradenton, FL 57930 October 31, 2008 April 24, 2009
Alpha Bank & Trust, Alpharetta, GA 58241 October 24, 2008 April 28, 2009
Meridian Bank, Eldred, IL 13789 October 10, 2008 April 24, 2009
Main Street Bank, Northville, MI 57654 October 10, 2008 April 24, 2009
Washington Mutual Bank, Henderson, NV and Washington Mutual Bank FSB, Park City, UT 32633 September 25, 2008 April 24, 2009
Ameribank, Northfork, WV 6782 September 19, 2008 April 24, 2009
Silver State Bank, Henderson, NV
En Español 34194 September 5, 2008 April 28, 2009
Integrity Bank, Alpharetta, GA 35469 August 29, 2008 April 24, 2009
The Columbian Bank and Trust, Topeka, KS 22728 August 22, 2008 April 24, 2009
First Priority Bank, Bradenton, FL 57523 August 1, 2008 April 24, 2009
First Heritage Bank, NA, Newport Beach, CA 57961 July 25, 2008 April 24, 2009
First National Bank of Nevada, Reno, NV 27011 July 25, 2008 April 24, 2009
IndyMac Bank, Pasadena, CA 29730 July 11, 2008 June 1, 2009
First Integrity Bank, NA, Staples, MN 12736 May 30, 2008 April 24, 2009
ANB Financial, NA, Bentonville, AR 33901 May 9, 2008 April 24, 2009
Hume Bank, Hume, MO 1971 March 7, 2008 April 24, 2009
Douglass National Bank, Kansas City, MO 24660 January 25, 2008 April 24, 2009
Miami Valley Bank, Lakeview, OH 16848 October 4, 2007 April 24, 2009
NetBank, Alpharetta, GA 32575 September 28, 2007 April 24, 2009
Metropolitan Savings Bank, Pittsburgh, PA 35353 February 2, 2007 April 24, 2009

http://www.fdic.gov/bank/individual/failed/banklist.html