# BANK OF WHITMAN

> **Failed bank** · COLFAX, WA · failed 2011-08-05 · State commercial bank, Federal Reserve member · FDIC cost $101M

## What happened

BANK OF WHITMAN of COLFAX, WA was closed by state regulators on **2011-08-05**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **COLUMBIA STATE BANK** (TACOMA, WA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3952
- **FDIC Certificate:** 22528
- **FDIC FIN:** 10387
- **Bank name:** BANK OF WHITMAN
- **Location:** COLFAX, WA
- **Failure date:** 2011-08-05
- **FDIC resolution date:** 2011-08-05
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $101M
- **Deposits at failure:** $516M
- **Assets at failure:** $549M
- **Acquiring bank:** COLUMBIA STATE BANK (TACOMA, WA)

## Other banks COLUMBIA STATE BANK has acquired in FDIC resolutions

- FIRST HERITAGE BANK (SNOHOMISH, WA) — failed 2011-05-27 — /failed-bank/3934
- SUMMIT BANK (BURLINGTON, WA) — failed 2011-05-20 — /failed-bank/3931
- AMERICAN MARINE BANK (BAINBRIDGE ISLAND, WA) — failed 2010-01-29 — /failed-bank/3747
- COLUMBIA RIVER BANK (THE DALLES, OR) — failed 2010-01-22 — /failed-bank/3740

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BANK%20OF%20WHITMAN

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BANK OF WHITMAN (FDIC ID 3952), failed 2011-08-05. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/3952.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*