County Bank

Who: County Bank

What: 9th bank failure of 2009 (Feb. 6, 2009)

Where: Merced, California

Why: Bad loans.

Fast Facts: Westamerica Bank of San Rafael, California assumed all deposits from County Bank; as of February 2, 2009, County Bank had total assets of approximately $1.7 billion and total deposits of $1.3 billion. County Bank is the third bank to fail in California this year.

View the press release