Imploded: Westside Community Bank, University Place, Washington

Westside Community Bank, University Place, Washington, is number one on the FDIC bad bank hit list for 2013. The agency seized the small lender in Washington state, making it the first U.S. bank failure of 2013after 51 closures last year. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $20.3 million. Read our full coverage here.