Friday, July 20, 2012

Moral Failure Friday in Colorado Gives Way To Bank Failure Friday, Cinco Iteraciones

The 34th bank failure of 2012 is The Royal Palm Bank of Florida, Naples, Florida, costing the FDIC $13.5 million.

#35 is Georgia Trust Bank, Buford, Georgia, costing the FDIC $20.9 million.

#36 is First Cherokee State Bank, Woodstock, Georgia, costing the FDIC $36.9 million.

#37 is Heartland Bank, Leawood, Kansas, costing the FDIC $3.1 million.

#38 is Second Federal Savings and Loan Association of Chicago, Chicago, Illinois, costing the FDIC $76.9 million.