Data / Bank failures / 2010 / Southwest Community Bank
Southwest Community Bank, Springfield, MO: failed May 14, 2010
Southwest Community Bank in Springfield, Missouri, failed on May 14, 2010. Simmons First National Bank of Pine Bluff, AR, took over its deposits. It held $100.7 million in assets and $102.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $25.6 million (25.4% of its assets). By assets it was the 120th largest of 157 banks closed or assisted in 2010.
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.
The FDIC's record
- Closed
- May 14, 2010
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Simmons First National Bank, Pine Bluff, AR
- Total assets
- $100,659,000
- Total deposits
- $102,463,000
- Estimated cost to the FDIC
- $25,580,177 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 34255
Other bank failures in Missouri, 2008 to 2012
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Community Bank of the Ozarks | Sunrise | December 14, 2012 | $42.8 million | $41.9 million | $13.4 million | Bank of Sullivan |
| Excel Bank | Sedalia | October 19, 2012 | $186.1 million | $173.7 million | $29.6 million | Simmons First National Bank |
| Truman Bank | ST. Louis | September 14, 2012 | $282.3 million | $245.7 million | $39.5 million | Simmons First National Bank |
| Glasgow Savings Bank | Glasgow | July 13, 2012 | $22.3 million | $21.8 million | $1.4 million | Regional Missouri Bank |
| Sun Security Bank | Ellington | October 7, 2011 | $351.5 million | $280.6 million | $93.1 million | Great Southern Bank |
| Westbridge Bank and Trust Company | Chesterfield | October 15, 2010 | $87.8 million | $70.1 million | $22.4 million | Midland States Bank |
| Premier Bank | Jefferson City | October 15, 2010 | $989.4 million | $869.4 million | $308.5 million | Providence Bank |
| Champion Bank | Creve Coeur | April 30, 2010 | $195.5 million | $162.8 million | $57.1 million | Bankliberty |
Other failed banks Simmons First National Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Excel Bank | Sedalia | MO | October 19, 2012 | $186.1 million | $173.7 million | $29.6 million | Simmons First National Bank |
| Truman Bank | ST. Louis | MO | September 14, 2012 | $282.3 million | $245.7 million | $39.5 million | Simmons First National Bank |
| Security Savings Bank, F.S.B. | Olathe | KS | October 15, 2010 | $453.3 million | $347.1 million | $53.1 million | Simmons First National Bank |
All bank failures in 2010 · All bank failures in Missouri · Every failed bank Simmons First National Bank 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.