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 |
|---|---|---|
| Jul 1, 2010 | The Farmers and Merchants State Bank | The Riley State Bank of Riley Kansas |
| Jul 1, 2010 | All City Credit Union | Northwest Plus Credit Union |
| Jul 1, 2010 | Lafayette Teachers & Employees Federal Credit Union | Meritus Federal Credit Union |
| Jul 1, 2010 | First Keystone Bank | The Bryn Mawr Trust Company |
| Jul 1, 2010 | Reco Credit Union | 1st Midamerica Credit Union |
| Jul 1, 2010 | Putnam Federal Credit Union | Hudson Valley Federal Credit Union |
| Jul 1, 2010 | Southwest Bank, An M&I Bank | M&I Marshall and Ilsley Bank |
| Jul 1, 2010 | Southeast Community Credit Union | River City Federal Credit Union |
| Jul 1, 2010 | Decatur Firemens Credit Union | United Equity Credit Union |
| Jul 1, 2010 | State Central Credit Union | Summit Credit Union |
| Jul 1, 2010 | Croydon Savings Bank | Fidelity Savings & Loan Association of Bucks County |
| Jul 1, 2010 | First Delta Federal Credit Union | Shreveport Federal Credit Union |
| Jul 1, 2010 | PPG Paint Research Federal Credit Union | PPG & Associates Federal Credit Union |
| Jul 1, 2010 | Hamden Federal Credit Union | Crosspoint Federal Credit Union |
| Jul 1, 2010 | Lake Charles Telco Credit Union | Pelican Credit Union |
| Jul 1, 2010 | Firstcom Bancorp, Inc. | Byline Bancorp, Inc. |
| Jul 1, 2010 | The Bank of Nashville | Synovus Bank |
| Jul 1, 2010 | Credit Suisse (International) Holding Ag | Credit Suisse Ag |
| Jul 1, 2010 | Rutgers University Student and Alumni Federal Credit Union | Affinity Federal Credit Union |
| Jul 1, 2010 | First Keystone Financial, Inc. | Bryn Mawr Bank Corporation |
| Jul 1, 2010 | First Midland Nevada Corp. | First Bancshares of Texas, Inc. |
| Jun 30, 2010 | Lancaster Pennsylvania Police Federal Credit Union | Lancaster Red Rose Credit Union |
| Jun 30, 2010 | Grupo Empresas Servicios Financieros | FirstBank Puerto Rico |
| Jun 30, 2010 | First Leasing and Rental Corp. | FirstBank Puerto Rico |
| Jun 30, 2010 | U W Trust Company | United Western Trust Company |
| Jun 30, 2010 | Orchard Valley Financial Corp. | First State Bank of Colorado |
| Jun 30, 2010 | Paonia Financial Services, Inc. | First State Bank of Colorado |
| Jun 30, 2010 | Paonia State Bank | First State Bank of Colorado |
| Jun 30, 2010 | Colorado Mountain Bank | First State Bank of Colorado |
| Jun 28, 2010 | Inficorp Holdings, Inc. | First National of Nebraska, Inc. |
| Jun 28, 2010 | Turnpike Credit Union | Mass Bay Credit Union |
| Jun 12, 2010 | Kramer Homes Federal Credit Union | Unity Credit Union |
| Jun 11, 2010 | Muskegon Teachers Credit Union | Best Financial Credit Union |
| Jun 8, 2010 | SWNB Nevada Corporation | SWNB Bancorp, Inc. |
| Jun 5, 2010 | Medina Valley State Bank | Security State Bank |
| Jun 1, 2010 | Wausau City Employees Credit Union | Connexus Credit Union |
| Jun 1, 2010 | Synovus Bank of Jacksonville | Synovus Bank |
| Jun 1, 2010 | Jefferson Community Development Federal Credit Union | Coosa Pines Federal Credit Union |
| Jun 1, 2010 | Synovus Bank | Synovus Bank |
| Jun 1, 2010 | Progressive Neighborhood Federal Credit Union | Visions Federal Credit Union |
| Jun 1, 2010 | Sterling Bank | Synovus Bank |
| Jun 1, 2010 | The Bank of Tuscaloosa | Synovus Bank |
| Jun 1, 2010 | Georgia Bank & Trust | Synovus Bank |
| Jun 1, 2010 | First Coast Community Bank | Synovus Bank |
| Jun 1, 2010 | Epworth Federal Credit Union | Market USA Federal Credit Union |
| Jun 1, 2010 | AFB&T | Synovus Bank |
| Jun 1, 2010 | Commercial Bank & Trust Company of Troup County | Synovus Bank |
| Jun 1, 2010 | Bank of North Georgia | Synovus Bank |
| Jun 1, 2010 | Bank of Coweta | Synovus Bank |
| Jun 1, 2010 | Niagara Pasny Federal Credit Union | Niagara's Choice Federal Credit Union |
The list holds 500 of the 502 mergers recorded for 2010.
Enforcement Actions in 2010
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Feb 11, 2010 | OCC | The First National Bank and Trust Company of Broken Arrow | Formal Agreement: The First National Bank and Trust Company of Broken Arrow |
| Feb 11, 2010 | OCC | Resource Bank, N.A. | Formal Agreement: Resource Bank, National Association |
| Feb 10, 2010 | OCC | First National Bank in Pawhuska | Civil Money Penalty (CMP): Stuart, Elizabeth A. |
| Feb 9, 2010 | OCC | First State Bancorp of the Rockies | Civil Money Penalty (CMP): Holeyfield, Joe |
| Feb 9, 2010 | OCC | First State Bancorp of the Rockies | Civil Money Penalty (CMP): Gentry, J. Cleveland |
| Feb 9, 2010 | OCC | First State Bancorp of the Rockies | Civil Money Penalty (CMP): Reece, Robert |
| Feb 9, 2010 | OCC | First State Bancorp of the Rockies | Civil Money Penalty (CMP): Danner, Ron |
| Feb 9, 2010 | OCC | First State Bancorp of the Rockies | Civil Money Penalty (CMP): Gentry, Carol |
| Feb 8, 2010 | OCC_OTS | Dearborn Savings Bank | Termination of Cease and Desist: Dearborn Savings Bank |
| Feb 8, 2010 | OCC | Olmsted National Bank | Formal Agreement: Olmsted National Bank |
| Feb 5, 2010 | OCC_OTS | Hudson City Bancorp, Inc. | Orders of Removal/Prohibition: Milagros Rodriquez |
| Feb 5, 2010 | OCC | First National Bank in Pawhuska | Civil Money Penalty (CMP): Larsh, Steve |
| Feb 5, 2010 | OCC | First National Bank in Pawhuska | Civil Money Penalty (CMP): Stuart, Douglas |
| Feb 5, 2010 | OCC | First National Bank in Pawhuska | Civil Money Penalty (CMP): Stutz, Larry |
| Feb 5, 2010 | OCC | The First National Bank of Plainview | Formal Agreement: The First National Bank of Plainview |
| Feb 4, 2010 Released Feb 18, 2010 | FRB | Sunfirst Corporation | Written Agreement: SunFirst Corporation, St. George, Utah |
| Feb 4, 2010 Released Feb 18, 2010 | FRB | (individual) | Written Agreement: First National Corporation, Savannah, Georgia |
| Feb 3, 2010 Released Feb 17, 2010 | FRB | Community First Bank - Chicago | Written Agreement: Community First Bank-Chicago, Chicago, Illinois |
| Feb 3, 2010 | OCC_OTS | Waterfield Bank | Prompt Corrective Action: Waterfield Bank |
| Feb 1, 2010 Released Feb 18, 2010 | FRB | TCM Company | Written Agreement: TCM Company, Crete, Nebraska |
| Feb 1, 2010 Released Feb 17, 2010 | FRB | Community National Bancorporation | Written Agreement: Community National Bancorporation, Waterloo, Iowa |
| Jan 29, 2010 Released Feb 17, 2010 | FRB | Beach First National Bancshares, Inc. | Written Agreement: Beach First National Bancshares, Myrtle Beach, South Carolina |
| Jan 29, 2010 | OCC_OTS | Paper City Savings Association | Civil Money Penalty: Paper City Savings Association |
| Jan 29, 2010 | OCC | First National Bank of Santa Fe | Formal Agreement: The First National Bank of Santa Fe |
| Jan 28, 2010 Released Feb 2, 2010 | FRB | NBRS Financial Bank | Written Agreement: Rising Sun Bancorp, Rising Sun, Maryland; NBRS Financial Bank, Rising Sun, Maryland |
| Jan 28, 2010 Released Feb 3, 2010 | FRB | Palm Desert Investments | Written Agreement: Palm Desert Investments, Palm Desert, California |
| Jan 28, 2010 | OCC_OTS | Mutual of Omaha Bank | Civil Money Penalty: Philip A. Lamb |
| Jan 27, 2010 | OCC | (individual) | Formal Agreement: First National Bank |
| Jan 27, 2010 | OCC | The Stillwater National Bank and Trust Company | Formal Agreement: Stillwater National Bank and Trust Company |
| Jan 27, 2010 | OCC | Northwestern Bank, N.A. | Formal Agreement: Northwestern Bank, National Association |
| Jan 27, 2010 | OCC | Flagstar Bancorp, Inc. | Formal Agreement: Flagstar Bank, FSB |
| Jan 27, 2010 | OCC_OTS | Flagstar Bancorp, Inc. | Supervisory Agreement: Flagstar Bancorp, Inc. |
| Jan 27, 2010 | OCC_OTS | Flagstar Bancorp, Inc. | Supervisory Agreement: Flagstar Bank, FSB |
| Jan 27, 2010 Released Feb 1, 2010 | FRB | Peoples, Inc. | Written Agreement: Peoples Inc., Lawrence, Kansas; Peoples Bank, Lawrence, Kansas |
| Jan 27, 2010 Released Feb 4, 2010 | FRB | The Citizens Bank of Edmond | Written Agreement: Citizens Bancshares, Edmond, Oklahoma; The Citizens Bank of Edmond, Edmond, Oklahoma |
| Jan 26, 2010 | OCC | BNC National Bank | Formal Agreement: BNC National Bank |
| Jan 26, 2010 | OCC | Los Alamos National Bank | Formal Agreement: Los Alamos National Bank |
| Jan 26, 2010 | OCC | (individual) | Formal Agreement: Community National Bank |
| Jan 22, 2010 | OCC | Bankmeridian, N.A. | Formal Agreement: Bankmeridian, National Association |
| Jan 22, 2010 Released Jan 28, 2010 | FRB | Guaranty Bancorp | Written Agreement: Guaranty Bancorp, Denver, Colorado; Guaranty Bank & Trust Company, Denver, Colorado |
| Jan 22, 2010 Released Jan 28, 2010 | FRB | Saehan Bancorp | Written Agreement: Saehan Bancorp, Los Angeles, California |
| Jan 22, 2010 | OCC | Neighborhood National Bank | Formal Agreement: Peoples National Bank of Mora |
| Jan 21, 2010 | OCC_OTS | Pamrapo Bancorp, Inc. | Cease and Desist: Pamrapo Savings Bank, SLA |
| Jan 21, 2010 | OCC | The First National Bank of Olathe | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The First National Bank of Olathe |
| Jan 21, 2010 Released Jan 26, 2010 | FRB | Northfield Bancshares, Inc. | Written Agreement: Northfield Bancshares, Northfield, Minnesota; Community Resource Bank, Northfield, Minnesota |
| Jan 21, 2010 | OCC | First Scottsdale Bank, N.A. | Formal Agreement: First National Bank of Scottsdale |
| Jan 20, 2010 | OCC_OTS | United Bancorp, Inc. | Termination of Supervisory Agreement: United Bancorp, Inc. |
| Jan 20, 2010 | OCC | Bank of Tennessee | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): National Bank of Tennessee |
| Jan 20, 2010 | OCC | Bank of America, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): McElroy, Robert D. |
| Jan 20, 2010 | OCC | Bank of America, N.A. | Civil Money Penalty (CMP): McElroy, Robert D. |