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The bank failure cost the FDIC more than $ 530 million. In 2014, the FDIC sued former executives of the
Florida division of the bank, claiming they took “unreasonable
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292:"Failed Bank Information: Information for Superior Bank, Birmingham, AL"
311:"FDIC goes after former officers and directors of failed Superior Bank"
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237:and its assets were acquired by an affiliate of
207:and its assets were acquired by an affiliate of
274:"Superior Bancorp 2009 Form 10-K Annual Report"
233:On April 15, 2011, Superior Bank suffered from
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278:U.S. Securities and Exchange Commission
222:In December 1998, the company became a
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296:Federal Deposit Insurance Corporation
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243:Federal Deposit Insurance Corporation
241:in a transaction facilitated by the
191:for Superior Bank, headquartered in
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351:Defunct banks of the United States
336:Bank failures in the United States
309:HIELSCHER, JOHN (April 16, 2014).
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203:. In April 2011, it suffered from
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219:The company was founded in 1997.
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176:Footnotes / references
356:1997 establishments in Alabama
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361:1998 initial public offerings
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346:Banks disestablished in 2011
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37:; 27 years ago
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252:” in making unsafe loans.
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341:Banks established in 1997
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316:Sarasota Herald-Tribune
228:initial public offering
126:-$ 0.019 billion (2009)
160:$ 0.191 billion (2009)
143:$ 3.221 billion (2009)
55:; 13 years ago
189:bank holding company
193:Birmingham, Alabama
166:Number of employees
97:C. Stanley Bailey,
86:Birmingham, Alabama
53:April 15, 2011
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185:Superior Bancorp
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106:James A. White,
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239:Cadence Bank
235:bank failure
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209:Cadence Bank
205:bank failure
195:. It had 73
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150:Total equity
133:Total assets
82:Headquarters
76:Cadence Bank
72:Bank failure
330:Categories
256:References
170:828 (2009)
116:Net income
93:Key people
60:2011-04-15
245:(FDIC).
197:branches
99:Chairman
22:Industry
226:via an
215:History
201:Florida
58: (
50:Defunct
40: (
32:Founded
26:Banking
187:was a
101:and
68:Fate
42:1997
35:1997
108:CFO
103:CEO
332::
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263:^
230:.
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319:.
298:.
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62:)
44:)
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