Data / Bank failures / 2014 / Syringa Bank
Syringa Bank, Boise, ID: failed January 31, 2014
Syringa Bank in Boise, Idaho, failed on January 31, 2014. Sunwest Bank of Irvine, CA, took over its deposits. It held $153.4 million in assets and $145.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $3.5 million (2.3% of its assets). By assets it was the 6th largest of 18 banks closed or assisted in 2014.
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The FDIC's record
- Closed
- January 31, 2014
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Sunwest Bank, Irvine, CA
- Total assets
- $153,361,000
- Total deposits
- $145,813,000
- Estimated cost to the FDIC
- $3,487,015 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 34296
Other failed banks Sunwest Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Westside Community Bank | University Place | WA | January 11, 2013 | $91.9 million | $91.9 million | $22.9 million | Sunwest Bank |
| Pacific Coast National Bank | San Clemente | CA | November 13, 2009 | $131.4 million | $128.9 million | $33.5 million | Sunwest Bank |
| First State Bank | Flagstaff | AZ | September 4, 2009 | $107.2 million | $95.7 million | $49.8 million | Sunwest Bank |
| Metropacific Bank | Irvine | CA | June 26, 2009 | $75.3 million | $70.1 million | $32.2 million | Sunwest Bank |
All bank failures in 2014 · All bank failures in Idaho · Every failed bank Sunwest 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.