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Bailout
: Calculated RiskBank Failure #14 for 2011: Community First Bank ? Chicago
By Anonymous
? January Employment Report: 36,000 Jobs, 9.0% Unemployment Rate
? Employment Summary and Part Time Workers, Unemployed over 26 Weeks
? Daily Color: Two Employment Surveys, Different Results
? Duration of Unemployment, Unemployment by Education, Diffusion Indexes
? Employment Graph Gallery
Cold hard cash assets frozen
Till White Knight appears.
by Soylent Green is People
From the FDIC: Northbrook Bank and Trust Company, Northbrook, Illinois, Assumes All of the Deposits of Community First Bank ? Chicago, Chicago, Illinois
As of December 31, 2010, Community First Bank ? Chicago had approximately $51.1 million in total assets and $49.5 million in total deposits.... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $11.7 million.
Full post as published by Calculated Risk on February 04, 2011 (boomark / email).
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