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 |
|---|---|---|
| Sep 1, 2010 | Prairie Trail Credit Union | Abri Credit Union |
| Sep 1, 2010 | First State Bank | Citizens & Northern Bank |
| Sep 1, 2010 | U.S. Benefits, Inc. | Arrow Bank N.A. |
| Sep 1, 2010 | Table Rock Federal Credit Union | Service 1 Federal Credit Union |
| Sep 1, 2010 | Community State Bancshares, Inc. | Allcorp Inc |
| Sep 1, 2010 | Hum Federal Credit Union | Democracy Federal Credit Union |
| Sep 1, 2010 | Otsego Paperworkers Credit Union | Honor Credit Union dba Honor Investment Services |
| Sep 1, 2010 | 1st Northwest Federal Credit Union | First Northern Credit Union |
| Sep 1, 2010 | City-County Federal Credit Union | Wings Financial Credit Union |
| Aug 31, 2010 | Isb Delaware Holdings, Inc. | Isb Holdings, Inc. |
| Aug 31, 2010 | First State Federal Credit Union | American Spirit Federal Credit Union |
| Aug 30, 2010 | MC Bancshares of Delaware, Inc. | Metrocorp Bancshares, Inc. |
| Aug 26, 2010 | Central Bancshares, Inc. | Central Bancorp, Inc. |
| Aug 21, 2010 | Wells Fargo Education Finance Inc. | Wells Fargo Bank, N.A. |
| Aug 20, 2010 | Community Trust Bank of Texas | Origin Bank |
| Aug 14, 2010 | TSB Financial, Inc. | Hometown Community Bancorp, Inc. |
| Aug 14, 2010 | Tremont Savings Bank | Morton Community Bank |
| Aug 13, 2010 | Home State Bank | Bank of Commerce |
| Aug 9, 2010 | Transatlantic Bank | Sabadell United Bank, National Association |
| Aug 3, 2010 | Golf Savings Bank | Sterling Savings Bank |
| Aug 2, 2010 | Best of Iowa Community Credit Union | Greenstate Credit Union |
| Aug 1, 2010 | Renton Community Credit Union | Peak Credit Union |
| Aug 1, 2010 | Highgrove Community Federal Credit Union | Wings Financial Credit Union |
| Aug 1, 2010 | V-R Employees Credit Association Federal Credit Union | Bragg Mutual Federal Credit Union |
| Aug 1, 2010 | Postal Credit Union of Northern California | F3 Credit Union |
| Aug 1, 2010 | Holy Infant Credit Union | Gateway Metro Federal Credit Union |
| Aug 1, 2010 | Porter-Cable Employees Credit Union | Leaders Credit Union |
| Aug 1, 2010 | Dekalb Financial Credit Union | Beacon Credit Union |
| Aug 1, 2010 | A-K Valley Federal Credit Union | Clearview Federal Credit Union |
| Jul 31, 2010 | Sunrise Bank of Atlanta | Sunrise Bank |
| Jul 31, 2010 | Drexel & Morgan & Co. Ia | Drexel Morgan & Co. |
| Jul 31, 2010 | Town Center Bank | Independent Bank |
| Jul 31, 2010 | Dings Employees Credit Union | Summit Credit Union |
| Jul 31, 2010 | Central Ohio Teamsters Credit Union, Inc. | Ohio Teamsters Credit Union, Inc. |
| Jul 31, 2010 | Peoples State Bank | Sunrise Bank |
| Jul 31, 2010 | F C Holdings of Delaware, Inc. | F C Holdings, Inc. |
| Jul 24, 2010 | Byron Bank | Chemical Bank |
| Jul 24, 2010 | Bank of Dwight | Bank of Pontiac |
| Jul 21, 2010 | Hanchett Employees Credit Union | Wmcu |
| Jul 17, 2010 | Sterling Banks Inc | Roma Financial Corporation |
| Jul 17, 2010 | Sterling Bank | Roma Bank |
| Jul 17, 2010 | The Hoisington National Bank | Wilson State Bank |
| Jul 16, 2010 | Fairfield University Employees Federal Credit Union | America's First Network Credit Union |
| Jul 15, 2010 | Calibre Advisory Services, Inc. | Wells Fargo Bank, N.A. |
| Jul 7, 2010 | Pamrapo Bancorp, Inc. | BCB Bancorp, Inc. |
| Jul 7, 2010 | Pamrapo Savings Bank, SLA | BCB Community Bank |
| Jul 6, 2010 | Bank of Willits | Savings Bank of Mendocino County |
| Jul 2, 2010 | Columbus-Lowndes Educational Federal Credit Union | Triangle Federal Credit Union |
| Jul 1, 2010 | Trust One Bank | Synovus Bank |
| Jul 1, 2010 | Newcomer Employees Federal Credit Union | Derry Area Federal Credit Union |
The list holds 500 of the 502 mergers recorded for 2010.
Enforcement Actions in 2010
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Nov 1, 2010 Released Nov 16, 2010 | FRB | Valley Community Bancorp, Inc. | Written Agreement: Valley Community Bancorp, Inc., St. Charles, Illinois |
| Nov 1, 2010 Released Nov 4, 2010 | FRB | Hometown of Homestead Banking Company | Written Agreement: Hometown of Homestead Banking Company, Homestead, Florida |
| Nov 1, 2010 Released Nov 9, 2010 | FRB | Crete Bancorporation, Inc. | Written Agreement: Crete Bancorporation, Inc., Crete, Illinois |
| Oct 29, 2010 Released Nov 2, 2010 | FRB | Northern California Bancorp, Inc. | Written Agreement: Northern California Bancorp, Inc., Monterey, California |
| Oct 29, 2010 | OCC_OTS | Imperial Savings and Loan Association | Civil Money Penalty: Robert A. Williams |
| Oct 29, 2010 | OCC_OTS | Imperial Savings and Loan Association | Civil Money Penalty: Michael C. Scales |
| Oct 28, 2010 | OCC_OTS | Flagstar Bancorp, Inc. | Orders of Removal/Prohibition: Victor D. Guerrero |
| Oct 28, 2010 | OCC_OTS | Graham Savings and Loan Association, F.A. | Orders of Removal/Prohibition: Tonja Thompson |
| Oct 28, 2010 | OCC_OTS | Ridge Farm State Bank | Orders of Removal/Prohibition: Thomas E. Smith |
| Oct 28, 2010 | OCC_OTS | Sovereign Bancorp, Inc. | Orders of Removal/Prohibition: Patricia Ann Greenburg |
| Oct 28, 2010 | OCC_OTS | Imperial Savings and Loan Association | Civil Money Penalty: Simone H. Redd |
| Oct 28, 2010 | OCC_OTS | Imperial Savings and Loan Association | Civil Money Penalty: Lewis Hairston |
| Oct 28, 2010 | OCC_OTS | Imperial Savings and Loan Association | Civil Money Penalty: James C. McKay |
| Oct 28, 2010 | OCC_OTS | Imperial Savings and Loan Association | Civil Money Penalty: Irvin D. Hairston |
| Oct 28, 2010 | OCC_OTS | Imperial Savings and Loan Association | Civil Money Penalty: Gloria Hodges Hylton |
| Oct 28, 2010 Released Nov 4, 2010 | FRB | 1st Brookfield, Inc. | Written Agreement: 1st Brookfield, Inc., Brookfield, Illinois |
| Oct 27, 2010 | OCC_OTS | Malvern Federal Mutual Holding Company | Supervisory Agreement: Malvern Federal Mutual Holding Co., Malvern Federal Bancorp, Inc. |
| Oct 27, 2010 | OCC | Fidelity Bank of Florida, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Fidelity Bank of Florida, National Association |
| Oct 27, 2010 | OCC | The Farmers and Merchants National Bank of Hatton | Civil Money Penalty (CMP): Just, Kenley |
| Oct 27, 2010 | OCC | Security Bank, N.A. | Civil Money Penalty (CMP): Connell, Harold |
| Oct 27, 2010 | OCC | The First National Bank of Mercersburg | Formal Agreement: The First National Bank of Mercersburg |
| Oct 27, 2010 | OCC | The Farmers and Merchants National Bank of Hatton | Civil Money Penalty (CMP): Schlanser, Fred |
| Oct 26, 2010 | OCC | Santa Clara Valley Bank, National Association | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Santa Clara Valley Bank, National Association |
| Oct 25, 2010 Released Oct 28, 2010 | FRB | First Commercial Bank of Florida | Prompt Corrective Action: First Commercial Bank of Florida, Orlando, Florida |
| Oct 25, 2010 | OCC_OTS | Malvern Federal Savings Bank | Supervisory Agreement: Malvern Federal Savings Bank |
| Oct 25, 2010 | OCC_OTS | Armstrong County Building and Loan Association | Civil Money Penalty: Armstrong County Building and Loan Association |
| Oct 25, 2010 | OCC | The Farmers and Merchants National Bank of Hatton | Civil Money Penalty (CMP): Kvalvog, Ray |
| Oct 25, 2010 | OCC | Malvern Federal Savings Bank | Formal Agreement: Malvern Federal Savings Bank |
| Oct 25, 2010 | OCC | The Suffolk County National Bank of Riverhead | Formal Agreement: The Suffolk County National Bank of Riverhead |
| Oct 21, 2010 | OCC_OTS | Bank of Maumee | Supervisory Agreement: Bank of Maumee |
| Oct 21, 2010 Released Oct 26, 2010 | FRB | (individual) | Written Agreement: FNB United Corp., Asheboro, North Carolina |
| Oct 21, 2010 | OCC | Resolute Bank | Formal Agreement: Bank of Maumee |
| Oct 21, 2010 | OCC | Empire Bancorp, Inc. | Formal Agreement: Empire National Bank |
| Oct 21, 2010 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Sonoran Bank, National Association |
| Oct 20, 2010 Released Oct 28, 2010 | FRB | (individual) | Written Agreement: Omega Capital Corp., Centennial, Colorado |
| Oct 20, 2010 Released Oct 26, 2010 | FRB | First Southwest Bancorporation, Inc. | Written Agreement: First Southwest Bancorporation, Inc., Alamosa, Colorado |
| Oct 19, 2010 Released Oct 28, 2010 | FRB | (individual) | Written Agreement: CCF Holding Company, Jonesboro, Georgia |
| Oct 19, 2010 | OCC_OTS | Ge Money Bank | Civil Money Penalty: GE Money Bank |
| Oct 15, 2010 | OCC_OTS | Gibraltar Private Bank & Trust Co. | Cease and Desist: Gibraltar Private Bank and Trust Company |
| Oct 15, 2010 | OCC | Gibraltar Private Bank & Trust Co. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Gibraltar Private Bank & Trust Co. |
| Oct 14, 2010 | OCC_OTS | Appalachian Community Bank | Prompt Corrective Action: Appalachian Community Bank, FSB |
| Oct 14, 2010 Released Oct 19, 2010 | FRB | Persons Banking Company | Written Agreement: Persons Banking Company, Inc., Macon, Georgia |
| Oct 13, 2010 | OCC | Canyon National Bank | Capital Directive: Canyon National Bank |
| Oct 13, 2010 | OCC | First National Bank of Central Florida | Capital Directive: First National Bank of Central Florida |
| Oct 13, 2010 Released Oct 19, 2010 | FRB | 1st Financial Services Corporation | Written Agreement: 1st Financial Services Corporation, Hendersonville, North Carolina |
| Oct 13, 2010 Released May 21, 2019 | FRB | Highlands Union Bank | Written Agreement: Highlands Bankshares, Inc., Abingdon, Virginia; Highlands Union Bank, Abingdon, Virginia |
| Oct 13, 2010 | OCC | The Wilber Corporation | Formal Agreement: Wilber National Bank |
| Oct 12, 2010 Released Oct 14, 2010 | FRB | Investors Financial Corporation of Pettis County, Inc. | Written Agreement: Investors Financial Corporation of Pettis County, Inc., Sedalia, Missouri |
| Oct 7, 2010 | OCC_OTS | RMG Capital Corporation | Supervisory Agreement: RMG Capital Corporation |
| Oct 7, 2010 | OCC | Woodforest National Bank | Civil Money Penalty (CMP): Woodforest National Bank |