Bank Failure #14 for 2011: Community First Bank – Chicago

Here are the earlier employment posts (with graphs):
• 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

Furious Winter
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.