Data / Bank failures / 2009 / Peoples Community Bank
Peoples Community Bank, West Chester, OH: failed July 31, 2009
Peoples Community Bank in West Chester, Ohio, failed on July 31, 2009. First Financial Bank, National Association of Hamilton, OH, took over its deposits. It held $606.2 million in assets and $538.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $61.5 million (10.1% of its assets). By assets it was the 46th largest of 148 banks closed or assisted in 2009.
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The FDIC's record
- Closed
- July 31, 2009
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- First Financial Bank, National Association, Hamilton, OH
- Total assets
- $606,153,000
- Total deposits
- $538,787,000
- Estimated cost to the FDIC
- $61,522,565 (estimate as of July 31, 2026)
- Charter
- Savings bank
- Insurance fund
- DIF
- FDIC certificate
- 32288
Other bank failures in Ohio, 2007 to 2011
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Bramble Savings Bank | Milford | September 17, 2010 | $47.5 million | $41.6 million | $17.9 million | Foundation Bank |
| American National Bank | Parma | March 19, 2010 | $70.3 million | $66.8 million | $15 million | The National Bank and Trust Company |
| Amtrust Bank | Cleveland | December 4, 2009 | $11.44 billion | $8.56 billion | $1.69 billion | New York Community Bank |
| Miami Valley Bank | Lakeview | October 4, 2007 | $125.4 million | $119.6 million | $28.4 million | The Citizens Banking Company |
Other failed banks First Financial Bank, National Association took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| The First National Bank of Danville | Danville | IL | July 2, 2009 | $148.2 million | $140.2 million | $24.2 million | First Financial Bank, National Association |
All bank failures in 2009 · All bank failures in Ohio · Every failed bank First Financial Bank, National Association 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.