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 |
|---|---|---|
| Dec 17, 2010 | The Bank of Miami | $448.1M |
| Dec 17, 2010 | Chestatee State Bank | $244.4M |
| Dec 17, 2010 | United Americas Bank | $242.3M |
| Dec 17, 2010 | First Southern Bank | $191.8M |
| Dec 17, 2010 | Appalacian Community Bank, F.S.B. | $68.2M |
| Dec 17, 2010 | Community National Bank | $31.6M |
| Dec 10, 2010 | Paramount Bank | $252.7M |
| Dec 10, 2010 | Earthstar Bank | $112.6M |
| Nov 19, 2010 | First Banking Center | $750.7M |
| Nov 19, 2010 | Gulf State Community Bank | $112.1M |
| Nov 19, 2010 | Allegiance Bank of North America | $106.6M |
| Nov 12, 2010 | Darby Bank & Trust Company | $654.7M |
| Nov 12, 2010 | Copper Star Bank | $204.0M |
| Nov 12, 2010 | Tifton Banking Company | $143.7M |
| Nov 5, 2010 | K Bank | $538.3M |
| Nov 5, 2010 | Pierce Commercial Bank | $221.1M |
| Nov 5, 2010 | Western Commercial Bank | $98.6M |
| Nov 5, 2010 | First Vietnamese American Bank | $48.0M |
| Oct 22, 2010 | Hillcrest Bank | $1.58B |
| Oct 22, 2010 | First Arizona Savings, a FSB | $255.9M |
| Oct 22, 2010 | First Suburban National Bank | $143.5M |
| Oct 22, 2010 | The First National Bank of Barnesville | $126.6M |
| Oct 22, 2010 | Progress Bank of Florida | $94.8M |
| Oct 22, 2010 | First Bank of Jacksonville | $73.9M |
| Oct 22, 2010 | The Gordon Bank | $29.3M |
| Oct 15, 2010 | Premier Bank | $989.4M |
| Oct 15, 2010 | Security Savings Bank, F.S.B. | $453.3M |
| Oct 15, 2010 | Westbridge Bank and Trust Company | $87.8M |
| Oct 1, 2010 | Wakulla Bank | $402.2M |
| Oct 1, 2010 | Shoreline Bank | $93.0M |
| Sep 24, 2010 | North County Bank | $288.8M |
| Sep 24, 2010 | Haven Trust Bank Florida | $148.6M |
| Sep 17, 2010 | The Peoples Bank | $447.2M |
| Sep 17, 2010 | Maritime Savings Bank | $350.5M |
| Sep 17, 2010 | First Commerce Community Bank | $248.2M |
| Sep 17, 2010 | The Bank of Ellijay | $168.8M |
| Sep 17, 2010 | Isn Bank | $81.6M |
| Sep 17, 2010 | Bramble Savings Bank | $47.5M |
| Sep 10, 2010 | Horizon Bank | $187.8M |
| Aug 20, 2010 | Shorebank | $2.17B |
| Aug 20, 2010 | Los Padres Bank | $866.5M |
| Aug 20, 2010 | Butte Community Bank | $498.8M |
| Aug 20, 2010 | Sonoma Valley Bank | $337.1M |
| Aug 20, 2010 | Pacific State Bank | $312.1M |
| Aug 20, 2010 | Independent National Bank | $156.2M |
| Aug 20, 2010 | Community National Bank at Bartow | $67.9M |
| Aug 20, 2010 | Imperial Savings and Loan Association | $9.4M |
| Aug 13, 2010 | Palos Bank and Trust Company | $493.4M |
| Aug 6, 2010 | Ravenswood Bank | $264.6M |
| Jul 30, 2010 | Libertybank | $714.6M |
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 |
|---|---|---|
| Jun 1, 2010 | Citizens First Bank | Synovus Bank |
| Jun 1, 2010 | United Community Credit Union | One Credit Union |
| Jun 1, 2010 | The National Bank of South Carolina | Synovus Bank |
| Jun 1, 2010 | United Savings Federal Credit Union | Self-Help Federal Credit Union |
| Jun 1, 2010 | Commercial Bank | Synovus Bank |
| Jun 1, 2010 | Coastal Bank and Trust of Florida | Synovus Bank |
| Jun 1, 2010 | Longs Peak Credit Union | Elevations Credit Union |
| Jun 1, 2010 | Community Bank and Trust of Southeast Alabama | Synovus Bank |
| Jun 1, 2010 | Texasone Community Credit Union | Primeway Federal Credit Union |
| Jun 1, 2010 | Signal Cement Workers Credit Union | Tennessee Valley Federal Credit Union |
| Jun 1, 2010 | The Coastal Bank of Georgia | Synovus Bank |
| Jun 1, 2010 | First Community Bank of Tifton | Synovus Bank |
| Jun 1, 2010 | Cohutta Banking Company | Synovus Bank |
| Jun 1, 2010 | Bryant Federal Credit Union | One Credit Union |
| Jun 1, 2010 | The First National Bank of Jasper | Synovus Bank |
| Jun 1, 2010 | Tallahassee State Bank | Synovus Bank |
| Jun 1, 2010 | Fort Worth Star Telegram Employees Federal Credit Union | EECU |
| Jun 1, 2010 | First Commercial Bank of Huntsville | Synovus Bank |
| Jun 1, 2010 | First State Bank and Trust Company of Valdosta | Synovus Bank |
| Jun 1, 2010 | CB&T Bank of East Alabama | Synovus Bank |
| Jun 1, 2010 | Secu Federal Credit Union | Numerica Credit Union |
| Jun 1, 2010 | First Commercial Bank | Synovus Bank |
| Jun 1, 2010 | CB&T Bank of Middle Georgia | Synovus Bank |
| Jun 1, 2010 | Citizens Credit Union | Lake Michigan Credit Union |
| Jun 1, 2010 | SB&T Bank | Synovus Bank |
| Jun 1, 2010 | Sea Island Bank | Synovus Bank |
| May 31, 2010 | Belger Employees Credit Union | Mazuma Credit Union |
| May 30, 2010 | Cam Federal Credit Union | America's Credit Union |
| May 29, 2010 | Carter County Federal Credit Union | Community 1st Federal Credit Union |
| May 22, 2010 | Credit Unions United | Azura Credit Union |
| May 18, 2010 | WTSB Delaware Bancorp, Inc. | WTSB Bancorp, Inc. |
| May 15, 2010 | Southern Bancorp Bank of Blytheville, National Association | Uplift Bank |
| May 15, 2010 | Mercedes Delaware Financial Corporation | TNB Bancshares, Inc. |
| May 15, 2010 | Mercedes Bancorp, Inc. | TNB Bancshares, Inc. |
| May 15, 2010 | Southern Bancorp Bank of Trumann | Uplift Bank |
| May 15, 2010 | Valley Bank | Frandsen Bank & Trust |
| May 13, 2010 | TBHC, Inc. | Cic Bancshares, Inc. |
| May 10, 2010 | Wells Fargo HSBC Trade Bank, N.A. | Wells Fargo Bank, N.A. |
| May 8, 2010 | Lawrenceburg Bank and Trust Company | United Bank & Capital Trust Company |
| May 8, 2010 | BankHaven | The First National Bank of Hutchinson |
| May 8, 2010 | The Black Earth State Bank | Lake Ridge Bank |
| May 3, 2010 | FLNB Shares, Inc. | First Liberty National Bancshares, Inc. |
| May 3, 2010 | Hot Springs Federal Federal Credit Union | Clearway Federal Credit Union |
| May 1, 2010 | Coca-Cola United Federal Credit Union | Avadian Credit Union |
| May 1, 2010 | VisionBank of Iowa | Visionbank of Iowa |
| May 1, 2010 | Prime Bank | Florida Bank of Commerce |
| May 1, 2010 | Napa Community Bank | Rabobank, N.A. |
| May 1, 2010 | O.A.K. Financial Corporation | TCF Financial Corporation |
| May 1, 2010 | Bethel GT Federal Credit Union | People's Alliance Federal Credit Union |
| May 1, 2010 | Carolina Family Federal Credit Union | Self-Help Credit Union |
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 |