Bank of Clark County

Who: Bank of Clark County

What: 2nd bank failure of 2009 (Jan. 16, 2009)

Where: Vancouver, Washington

Why: Risky loans and too many brokered deposits

Fast Facts: As of January 13, 2009, Bank of Clark County had total assets of $446.5 million and total deposits of $366.5 million. At the time of closing, there were approximately $39.3 million in uninsured deposits held in approximately 138 accounts that potentially exceeded the insurance limits. This amount is an estimate that is likely to change once the FDIC obtains additional information from these customers.

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