It's a new year and a new bank failure Friday tally. This week 5 banks failed, leaving 2010 at 9.
This week's failures, are (with estimated FDIC costs):
- Evergreen - Washington - $64.2 million
- Columbia River Bank - Oregon - $172.5 million
- Charter Bank of Santa Fe - New Mexico - $201.9 million
- Premier American Bank - Florida - $85 million
- Bank of Leeton - Missouri - $8.1 million
Charter and Columbia each had over $1 billion in assets.
How many banks failed last year? 140.