Premier Bank of Wilmette, Illinois becomes the 15th bank failure of the year. International Bank...

|By:, SA News Editor

Premier Bank of Wilmette, Illinois becomes the 15th bank failure of the year. International Bank of Chicago will buy Premier's $268.7M in assets and assume its $199M in deposits. The cost to the FDIC's deposit-insurance fund is $64.1M. Premier is the third bank failure in Illinois this year.