# FIRST COMMERCIAL BANK

> **Failed bank** · BLOOMINGTON, MN · failed 2012-09-07 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $65M

## What happened

FIRST COMMERCIAL BANK of BLOOMINGTON, MN was closed by regulators on **2012-09-07**. The FDIC was named receiver.

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

Deposits were transferred to **REPUBLIC BANK & TRUST COMPANY** (LOUISVILLE, KY). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 4023
- **FDIC Certificate:** 35246
- **FDIC FIN:** 10457
- **Bank name:** FIRST COMMERCIAL BANK
- **Location:** BLOOMINGTON, MN
- **Failure date:** 2012-09-07
- **FDIC resolution date:** 2012-09-07
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $65M
- **Deposits at failure:** $207M
- **Assets at failure:** $216M
- **Acquiring bank:** REPUBLIC BANK & TRUST COMPANY (LOUISVILLE, KY)

## Other banks REPUBLIC BANK & TRUST COMPANY has acquired in FDIC resolutions

- TENNESSEE COMMERCE BANK (FRANKLIN, TN) — failed 2012-01-27 — /failed-bank/3989

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST COMMERCIAL BANK (FDIC ID 4023), failed 2012-09-07. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/4023.

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