Documents reveal decisions that led to bank’s demise
Less than a week after Washington state’s Bank of Clark County failed, The Columbian (Vancouver, Wash.) used public records and inside sources to uncover the decisions that sent this financial institution into what one insider called the bank’s “death spiral.” Federal Deposit Insurance Corp. documents, Federal Financial Institutions Examination Council documents and county land records bolster an explanation of what set this bank apart from its healthier peers.