14 Banks Have Failed So Far This Year

Last September, I reported Bank Failures Up 250% for the Third Quarter. It's only been two months for 2009 and there have already been 14 bank failures so far. Last year at this time, only one bank had failed during the first two months of the calendar year. Here is the 2009 list:

Silver Falls Bank, Silverton, OR February 20, 2009
Pinnacle Bank of Oregon, Beaverton, OR February 13, 2009
Corn Belt Bank and Trust Company, Pittsfield, IL February 13, 2009
Riverside Bank of the Gulf Coast, Cape Coral, FL February 13, 2009
Sherman County Bank, Loup City, NE February 13, 2009
County Bank, Merced, CA February 6, 2009
Alliance Bank, Culver City, CA February 6, 2009
FirstBank Financial Services, McDonough, GA February 6, 2009
Ocala National Bank, Ocala, FL January 30, 2009
Suburban Federal Savings Bank, Crofton, MD January 30, 2009
MagnetBank, Salt Lake City, UT January 30, 2009
1st Centennial Bank, Redlands, CA January 23, 2009
Bank of Clark County, Vancouver, WA January 16, 2009
National Bank of Commerce, Berkeley, IL January 16, 2009