Friday Failures
On Thursday this week.
Thanks to Mat for getting us started in the comments section. I see we have a couple more ‘entries’ from Illinois:
First State Bank of Winchester, Winchester IL
John Warner Bank, Clinton IL
Let’s make it a trio from the Land of Obama Lincoln:
Rock River Bank, Oregon IL
Hmm. Looks like some real ‘fireworks’ this week. So far, it’s a six-pack, five from Illinois:
Millennium State Bank of Texas, Dallas TX
First National Bank of Danville, Danville IL
Elizabeth State Bank, Elizabeth IL
Wow. Seven, six from Illinois. Were they saving theirs up or what?
Founders Bank, Worth IL
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Illinois is the new Georgia.
Comment by Fred — 7/2/2009 @ 6:12 pm
What surprises me is that you would think small banks in Ill. would be far removed from the nonsense of the last few years.I guess everybody was infected.
Comment by john — 7/3/2009 @ 6:09 am
When you’re allowed to lend out more than you have on deposit, I don’t think it matters whether you’re big or small — once the borrowers stop paying you back.
Comment by BMB — 7/3/2009 @ 7:28 am