Bank failures in 2002
11 FDIC-insured institutions failed in 2002.
| Bank | Location | Date | Deposits (pre-failure) | Assets (pre-failure) |
|---|---|---|---|---|
| The Farmers Bank & Trust of Cheneyville | Cheneyville, Louisiana | December 17, 2002 | $32M | $35M |
| Bank of Alamo | Alamo, Tennessee | November 8, 2002 | $52M | $58M |
| Amtrade International Bank of Georgia | Atlanta, Georgia | September 30, 2002 | $73M | $92M |
| Universal Fsb | Chicago, Illinois | June 27, 2002 | $40M | $52M |
| Connecticut Bank of Commerce | Stamford, Connecticut | June 26, 2002 | $344M | $384M |
| New Century Bank | Shelby Township, Michigan | March 28, 2002 | $19M | $21M |
| Net First National Bank | Boca Raton, Florida | March 1, 2002 | $32M | $37M |
| Nextbank | Phoenix, Arizona | February 7, 2002 | $551M | $700M |
| Oakwood Deposit Bank | Oakwood, Ohio | February 1, 2002 | $60M | $72M |
| Bank of Sierra Blanca | Sierra Blanca, Texas | January 18, 2002 | $10M | $11M |
| Hamilton Bank, National Association | Miami, Florida | January 11, 2002 | $1.3B | $1.4B |
Transcribed from the FDIC BankFind Suite failures dataset. Deposit and asset figures are from the last quarterly Call Report filed before failure, not balances on the failure date.