Data / Bank failures / 2009 / Bradford Bank
Bradford Bank, Baltimore, MD: failed August 28, 2009
Bradford Bank in Baltimore, Maryland, failed on August 28, 2009. Manufacturers and Traders Trust Company of Buffalo, NY, took over its deposits. It held $451.9 million in assets and $382.2 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $46.9 million (10.4% of its assets). By assets it was the 59th largest of 148 banks closed or assisted in 2009.
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The FDIC's record
- Closed
- August 28, 2009
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Manufacturers and Traders Trust Company, Buffalo, NY
- Total assets
- $451,888,000
- Total deposits
- $382,159,000
- Estimated cost to the FDIC
- $46,897,293 (estimate as of July 31, 2026)
- Charter
- Savings bank
- Insurance fund
- DIF
- FDIC certificate
- 28312
Other bank failures in Maryland, 2007 to 2011
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| K Bank | Randallstown | November 5, 2010 | $538.3 million | $500.1 million | $136.3 million | Manufacturers and Traders Trust Company |
| Bay National Bank | Baltimore | July 9, 2010 | $217.7 million | $212.6 million | $21.1 million | Bay Bank, FSB |
| Ideal Federal Savings Bank | Baltimore | July 9, 2010 | $6.2 million | $5.8 million | $3.7 million | |
| Waterfield Bank | Germantown | March 5, 2010 | $155.6 million | $156.2 million | $11.3 million | |
| Suburban Federal Savings Bank | Crofton | January 30, 2009 | $347.4 million | $301.8 million | $73.8 million | Bank of Essex |
Other failed banks Manufacturers and Traders Trust Company took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| K Bank | Randallstown | MD | November 5, 2010 | $538.3 million | $500.1 million | $136.3 million | Manufacturers and Traders Trust Company |
All bank failures in 2009 · All bank failures in Maryland · Every failed bank Manufacturers and Traders Trust Company took over · The full failed bank list
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.