Calendar Year
2010 in US Banking
1,535 bank events are on record for 2010: 157 failures, 502 mergers or acquisitions involving a bank, credit union or bank holding company, and 876 enforcement actions.
157
Failures
$92.08B in failed assets
502
Mergers
Federal Reserve NIC, banking organizations
876
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 2010 · Bank mergers 2010
How many banks failed in 2010?
157 banks failed in 2010, with $92.08B in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Apr 23, 2010 | AMCORE Bank, N.A. | $3.07B |
| Apr 23, 2010 | Broadway Bank | $1.06B |
| Apr 23, 2010 | New Century Bank | $447.2M |
| Apr 23, 2010 | Wheatland Bank | $441.7M |
| Apr 23, 2010 | Lincoln Park Savings Bank | $194.6M |
| Apr 23, 2010 | Peotone Bank and Trust Company | $130.2M |
| Apr 23, 2010 | Citizens Bank & Trust Company of Chicago | $73.5M |
| Apr 16, 2010 | Riverside National Bank of Florida | $3.39B |
| Apr 16, 2010 | City Bank | $981.9M |
| Apr 16, 2010 | Tamalpais Bank | $611.5M |
| Apr 16, 2010 | First Federal Bank of North Florida | $440.1M |
| Apr 16, 2010 | Innovative Bank | $266.8M |
| Apr 16, 2010 | Butler Bank | $245.5M |
| Apr 16, 2010 | Americanfirst Bank | $104.0M |
| Apr 16, 2010 | Lakeside Community Bank | $49.2M |
| Apr 9, 2010 | Beach First National Bank | $590.0M |
| Mar 26, 2010 | Desert Hills Bank | $496.6M |
| Mar 26, 2010 | McIntosh Commercial Bank | $363.4M |
| Mar 26, 2010 | Unity National Bank | $300.6M |
| Mar 26, 2010 | Key West Bank | $88.0M |
| Mar 19, 2010 | Advanta Bank Corp. | $1.53B |
| Mar 19, 2010 | Appalachian Community Bank | $1.01B |
| Mar 19, 2010 | Bank of Hiawassee | $377.8M |
| Mar 19, 2010 | First Lowndes Bank | $137.2M |
| Mar 19, 2010 | Century Security Bank | $96.5M |
| Mar 19, 2010 | American National Bank | $70.3M |
| Mar 19, 2010 | State Bank of Aurora | $28.2M |
| Mar 12, 2010 | The Park Avenue Bank | $520.1M |
| Mar 12, 2010 | Old Southern Bank | $336.4M |
| Mar 12, 2010 | Statewide Bank | $243.2M |
| Mar 11, 2010 | Libertypointe Bank | $216.5M |
| Mar 5, 2010 | Sun American Bank | $535.7M |
| Mar 5, 2010 | Centennial Bank | $212.8M |
| Mar 5, 2010 | Bank of Illinois | $211.7M |
| Mar 5, 2010 | Waterfield Bank | $155.6M |
| Feb 26, 2010 | Rainier Pacific Bank | $717.8M |
| Feb 26, 2010 | Carson River Community Bank | $51.1M |
| Feb 19, 2010 | La Jolla Bank, FSB | $3.65B |
| Feb 19, 2010 | George Washington Savings Bank | $413.7M |
| Feb 19, 2010 | Marco Community Bank | $119.6M |
| Feb 19, 2010 | The La Coste National Bank | $53.9M |
| Feb 5, 2010 | 1st American State Bank of Minnesota | $18.2M |
| Jan 29, 2010 | First Regional Bank | $2.08B |
| Jan 29, 2010 | Community Bank & Trust | $1.18B |
| Jan 29, 2010 | First National Bank of Georgia | $840.6M |
| Jan 29, 2010 | Florida Community Bank | $835.7M |
| Jan 29, 2010 | American Marine Bank | $329.2M |
| Jan 29, 2010 | Marshall Bank, N.A. | $58.6M |
| Jan 22, 2010 | Charter Bank | $1.20B |
| Jan 22, 2010 | Columbia River Bank | $955.1M |
Which banks merged in 2010?
502 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2010.
See the fuller list: Bank mergers 2010 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Dec 31, 2010 | Holy Cross Credit Union | Valley Credit Union |
| Dec 31, 2010 | 1st Priority Federal Credit Union | Advantage Federal Credit Union |
| Dec 31, 2010 | Interbank | Interbank |
| Dec 31, 2010 | First National Bank of Olney | Interbank |
| Dec 31, 2010 | First Metropolitan Credit Union | Travis Credit Union |
| Dec 31, 2010 | Friona State Bank, N.A. | Interbank |
| Dec 31, 2010 | First Service Credit Union | First Service Credit Union |
| Dec 31, 2010 | Wachovia Financial Services, Inc. | Wells Fargo Bank, N.A. |
| Dec 31, 2010 | First Coleman National Bank of Coleman | Interbank |
| Dec 31, 2010 | Mountain View Federal Credit Union | Certified Federal Credit Union |
| Dec 31, 2010 | Rite Choice Federal Credit Union | Peak Credit Union |
| Dec 31, 2010 | Danville Holy Family Credit Union | First Illinois Credit Union |
| Dec 31, 2010 | Graham National Bank | Interbank |
| Dec 31, 2010 | ShoreBank, Pacific | Beneficial State Bank |
| Dec 31, 2010 | California Oaks State Bank | California United Bank |
| Dec 31, 2010 | First State Bank of Canadian, National Association | Interbank |
| Dec 31, 2010 | First Independent Bank of Nevada | Western Alliance Bank |
| Dec 31, 2010 | Professional Business Bank | Professional Business Bank |
| Dec 31, 2010 | Meta Trust Company | First Bank & Trust |
| Dec 31, 2010 | Alta Alliance Bank | Torrey Pines Bank |
| Dec 31, 2010 | Ally Long-Term Incentive Plan LLC | Ally Financial Inc. |
| Dec 31, 2010 | Abbco Community Credit Union | Scott Credit Union |
| Dec 31, 2010 | The Farmers National Bank of Seymour | Interbank |
| Dec 31, 2010 | Citizens National Bank of Breckenridge | Interbank |
| Dec 30, 2010 | SKBHC Hawks Nest Acquisition Corp. | Starbuck Bancshares, Inc. |
| Dec 29, 2010 | First Commerce Bancorp | Grandpoint Capital, Inc. |
| Dec 29, 2010 | Bot Financial Group, Inc. | The Bank of Texas Bancshares, Inc. |
| Dec 29, 2010 | J. R. Montgomery Bancorporation | JRMB II, Inc |
| Dec 29, 2010 | First Commerce Bank | Grandpoint Bank |
| Dec 28, 2010 | The Woodhouse & Bartley Bank | Peoples State Bank |
| Dec 24, 2010 | Union-Adams Bancorp. | Iowa Community Bancorp, Inc. |
| Dec 23, 2010 | First Munday Bancshares of Delaware, Inc. | First Munday Bancshares, Inc. |
| Dec 22, 2010 | Throckmorton Bancorp of Delaware, Inc. | Throckmorton Bancshares, Inc. |
| Dec 21, 2010 | Century Bank | First Federal Savings and Loan Association of Lakewood |
| Dec 18, 2010 | The First State Bank | Community National Bank & Trust |
| Dec 18, 2010 | MBT Credit Company, Inc. | Monroe Bank & Trust |
| Dec 18, 2010 | Moorhead State Bank | United Bank of Iowa |
| Dec 15, 2010 | Maypearl Holdings, Inc. | Maypearl Bancshares, Inc. |
| Dec 15, 2010 | Ok Bancorporation, Inc. | BancFirst Corporation |
| Dec 11, 2010 | Bank Midwest, N.A. | Armed Forces Bank, N.A. |
| Dec 11, 2010 | First National Bank of Chester County | Graystone Tower Bank |
| Dec 11, 2010 | CSBC Financial Corporation | Hometown Community Bancorp, Inc. |
| Dec 11, 2010 | First Chester County Corporation | Tower Bancorp Inc. |
| Dec 11, 2010 | Bank Midwest, N.A. | NBH Bank |
| Dec 11, 2010 | Citizens State Bank of Cropsey | Morton Community Bank |
| Dec 10, 2010 | Exchange Bancshares of Moore, Inc. | BancFirst Corporation |
| Dec 10, 2010 | Centerstate Bank Central Florida, National Association | SouthState Bank, N.A. |
| Dec 10, 2010 | Centerstate Bank, N.A. | SouthState Bank, N.A. |
| Dec 4, 2010 | Delaware National Bank | Fulton Bank, N.A. |
| Dec 4, 2010 | Connecticut River Community Bank | Liberty Bank |
The list holds 500 of the 502 mergers recorded for 2010.
Enforcement Actions in 2010
| Action date | Agency | Institution | Action |
|---|---|---|---|
| May 6, 2010 | OCC | First State Bancorp of the Rockies | Civil Money Penalty (CMP): Penny, Bruce |
| May 5, 2010 | OCC | Valley National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Valley National Bank |
| May 4, 2010 Released May 12, 2010 | FRB | (individual) | Written Agreement: North Valley Bank, Zanesville, Ohio |
| May 4, 2010 Released May 7, 2010 | FRB | The South Financial Group, Inc. | Written Agreement: The South Financial Group, Greenville, South Carolina |
| May 3, 2010 | OCC | Seaside National Bank & Trust | Formal Agreement: Seaside National Bank & Trust |
| May 3, 2010 Released Sep 27, 2018 | FRB | Presidential Holdings, Inc. | Written Agreement: Presidential Holdings, Inc., Bethesda, Maryland |
| May 3, 2010 | OCC | City National Bank | Civil Money Penalty (CMP): City National Bank |
| May 3, 2010 | OCC_OTS | Presidential Bank, FSB | Supervisory Agreement: Presidential Holdings, Inc. |
| May 3, 2010 Released May 11, 2010 | FRB | NCB Financial | Written Agreement: NCB Financial, Las Vegas, Nevada |
| May 3, 2010 | OCC_OTS | Presidential Bank, FSB | Supervisory Agreement: Presidential Bank, FSB |
| May 2, 2010 Released May 11, 2010 | FRB | HNB Corporation | Written Agreement: HNB Corporation, Arkansas City, Kansas |
| Apr 30, 2010 Released May 13, 2010 | FRB | Trivoli Bancorp, Inc. | Written Agreement: Trivoli Bancorp, Trivoli, Illinois |
| Apr 30, 2010 | OCC_OTS | North American Savings Bank, FSB | Supervisory Agreement: North American Savings Bank, FSB |
| Apr 30, 2010 | OCC_OTS | Home Loan & Investment Association | Civil Money Penalty: Home Loan Investment Bank, F.S.B. |
| Apr 30, 2010 | OCC | North American Savings Bank, FSB | Formal Agreement: North American Savings Bank, FSB |
| Apr 29, 2010 | OCC | Charter National Bank and Trust | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Charter National Bank and Trust |
| Apr 29, 2010 Released May 10, 2010 | FRB | Advantage Bancorp, Inc. | Written Agreement: Advantage Bancorp, Inc., Loveland, Colorado |
| Apr 28, 2010 | OCC | Citizens Bank, National Association | Formal Agreement: Citizens Bank, National Association |
| Apr 28, 2010 Released May 10, 2010 | FRB | Farmers Bancorporation, Inc. | Written Agreement: Farmers Bancorporation, Inc., Buhl, Idaho |
| Apr 28, 2010 | OCC | Fsgbank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): FSGBank, National Association |
| Apr 28, 2010 | OCC | Rosemount National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Rosemount National Bank |
| Apr 27, 2010 Released May 4, 2010 | FRB | The Northwestern Bank | Written Agreement: The Northwestern Bank, Chippewa Falls, Wisconsin |
| Apr 27, 2010 Released May 5, 2010 | FRB | (individual) | Written Agreement: Legacy Bancorp, Inc., Milwaukee, Wisconsin; Legacy Bank, Milwaukee, Wisconsin |
| Apr 27, 2010 | OCC | First Keystone Corporation | Prohibition/Removal Orders: Knecht, Mary |
| Apr 26, 2010 Released May 6, 2010 | FRB | Alikat Investments, Inc. | Written Agreement: AliKat Investments, Inc., Gurnee, Illinois; Northside Community Bank, Gurnee, Illinois |
| Apr 23, 2010 | OCC | (individual) | Formal Agreement: Farmers National Bank |
| Apr 23, 2010 | FRB | Suntrust Bank | Section 19 Letters: Lena Altman |
| Apr 23, 2010 Released Apr 29, 2010 | FRB | FMB Equibanc, Inc. | Written Agreement: FMB Equibanc, Inc., Statesboro, Georgia |
| Apr 23, 2010 Released May 3, 2010 | FRB | Lake County Trust Company | Written Agreement: Lake County Bank, Saint Ignatius, Montana |
| Apr 23, 2010 | OCC_OTS | Woodforest Bank | Cease and Desist: Woodforest Bank |
| Apr 23, 2010 Released May 5, 2010 | FRB | Tower Financial Corporation | Written Agreement: Tower Financial Corporation, Fort Wayne, Indiana; Tower Bank & Trust Company, Fort … |
| Apr 23, 2010 Released May 7, 2010 | FRB | Bank of Commerce Holdings, Inc. | Written Agreement: Bank of Commerce Holdings, Inc., Sarasota, Florida |
| Apr 23, 2010 | OCC_OTS | Woodforest Bank | Civil Money Penalty: Woodforest Bank |
| Apr 22, 2010 Released Apr 29, 2010 | FRB | Coast Bancorp | Written Agreement: Coast Bancorp, San Luis Obispo, California |
| Apr 22, 2010 Released Apr 27, 2010 | FRB | Sun West Capital Corporation | Written Agreement: Sun West Capital Corporation, Las Vegas, Nevada |
| Apr 22, 2010 | OCC_OTS | Pamrapo Bancorp, Inc. | Orders of Removal/Prohibition: Diane Passero |
| Apr 22, 2010 | OCC | Herald National Bank | Formal Agreement: Herald National Bank |
| Apr 22, 2010 | OCC | Union National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Union National Bank |
| Apr 21, 2010 | OCC | The First National Bank of Ordway | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The First National Bank of Ordway |
| Apr 21, 2010 | OCC | Pikes Peak National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Pikes Peak National Bank |
| Apr 20, 2010 | OCC | Incommons Bank, N.A. | Formal Agreement: Incommons Bank, National Association |
| Apr 19, 2010 | OCC | First National Bank of Crestview | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First National Bank of Crestview |
| Apr 19, 2010 | OCC | City National Bank of Florida | Formal Agreement: City National Bank of Florida |
| Apr 19, 2010 Released Apr 22, 2010 | FRB | The Currituck Company of North Carolina | Written Agreement: The Bank of Currituck, Moyock, North Carolina |
| Apr 19, 2010 Released Apr 27, 2010 | FRB | Liberty Financial Group, Inc. | Written Agreement: Liberty Financial Group, Inc., Eugene, Oregon |
| Apr 19, 2010 Released Apr 26, 2010 | FRB | East Dubuque Bancshares, Inc. | Written Agreement: East Dubuque Bancshares, Inc., East Dubuque, Illinois and East Dubuque Savings Bank, … |
| Apr 19, 2010 Released Apr 22, 2010 | FRB | PB Financial Group, Inc. | Cease and Desist Order: PB Financial Group, Inc., Denver, Colorado and Premier Bank, Denver, … |
| Apr 16, 2010 Released May 3, 2010 | FRB | Paradise Bank | Written Agreement: Paradise Bank, Boca Raton, Florida |
| Apr 15, 2010 | OCC | Sun National Bank | Formal Agreement: Sun National Bank |
| Apr 15, 2010 | OCC | T Bank, N.A. | Formal Agreement: T Bank, National Association |