by Calculated Risk on 8/19/2011 07:11:00 PM

Results of poor Choice
The strong consume the weakened
Malthusian end
by Soylent Green is People
From the FDIC: Inland Bank & Trust, Oak Brook, Illinois, Assumes All of the Deposits of First Choice Bank, Geneva, Illinois

As of June 30, 2011, First Choice Bank had approximately $141.0 million in total assets and $137.2 million in total deposits. ... The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $31.0 million. ... First Choice Bank is the 68th FDIC-insured institution to fail in the nation this year, and the seventh in Illinois.

Only 7 in Illinois so far this year ...