BranchWatch

Failed banks

Bank failures in 2016

5 FDIC-insured institutions failed in 2016.

BankLocationDateDeposits (pre-failure)Assets (pre-failure)
Allied BankMulberry, ArkansasSeptember 23, 2016$65M$66M
The Woodbury Banking CompanyWoodbury, GeorgiaAugust 19, 2016$21M$21M
First Cornerstone BankKing of Prussia, PennsylvaniaMay 6, 2016$101M$103M
Trust Company BankMemphis, TennesseeApril 29, 2016$20M$19M
North Milwaukee State BankMilwaukee, WisconsinMarch 11, 2016$61M$67M

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.