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Data / Bank failures / Central Bank

Failed banks taken over by Central Bank: 9

Central Bank took over 9 failed banks between February 25, 1983 and October 7, 2011, holding $1.51 billion in assets and $1.40 billion in deposits. The FDIC estimates the cost to its insurance fund at $273.1 million. The largest: Mainstreet Bank ($458.5 million), The Riverbank ($419.7 million), American City Bank ($319.4 million).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
The RiverbankWyomingMNOctober 7, 2011$419.7 million$384.1 million$71.2 millionCentral Bank
Rosemount National BankRosemountMNApril 15, 2011$21.5 million$21 million$5.4 millionCentral Bank
Commerce Bank of Southwest FloridaFort MyersFLNovember 20, 2009$71 million$72.8 million$32.2 millionCentral Bank
Riverview Community BankOstegoMNOctober 23, 2009$99.1 million$75 million$23.5 millionCentral Bank
Jennings State BankSpring GroveMNOctober 2, 2009$52.3 million$50.8 million$18.9 millionCentral Bank
Mainstreet BankForest LakeMNAugust 28, 2009$458.5 million$432.8 million$89.9 millionCentral Bank
National Industrial Bank of ConnecticutMeridenCTNovember 9, 1989$46.5 million$48.3 million$5.3 millionCentral Bank
Delta Pacific BankPittsburgCAOctober 30, 1987$17.7 million$17 million$1.3 millionCentral Bank
American City BankLos AnglesCAFebruary 25, 1983$319.4 million$293.9 million$25.3 millionCentral Bank

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.