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 |
|---|---|---|---|
| Aug 27, 2010 | OCC | First Chester County Corporation | Formal Agreement: First National Bank of Chester County |
| Aug 27, 2010 | OCC_OTS | First Federal Savings and Loan Association of Wakeeney | Orders of Removal/Prohibition: Donald E. Mai, Jr. |
| Aug 27, 2010 Released Sep 2, 2010 | FRB | Oregon Community Bank & Trust | Written Agreement: Oregon Community Bank & Trust, Oregon, Wisconsin |
| Aug 27, 2010 Released Sep 2, 2010 | FRB | Osceola Bancorporation, Inc. | Written Agreement: Osceola Bancorporation, Inc., Osceola, Wisconsin |
| Aug 26, 2010 | OCC | (individual) | Formal Agreement: Nevada National Bank |
| Aug 26, 2010 Released Sep 2, 2010 | FRB | First National Bancorporation of Stoughton, Inc. | Written Agreement: First National Bancorporation of Stoughton, Inc., Stoughton, Wisconsin |
| Aug 26, 2010 | FRB | (individual) | Prohibition from Banking: James Buckley Saunders |
| Aug 26, 2010 Released Aug 31, 2010 | FRB | (individual) | Prompt Corrective Action: First Community Bank, Taos, New Mexico |
| Aug 26, 2010 | OCC | Ozark Heritage Bank N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Ozark Heritage Bank, National Association |
| Aug 26, 2010 Released Aug 30, 2010 | FRB | (individual) | Prompt Corrective Action: Sunrise Bank, Cocoa Beach, Florida |
| Aug 25, 2010 | OCC_OTS | Gibraltar Bank | Civil Money Penalty: Gibraltar Bank |
| Aug 25, 2010 | OCC_OTS | Gibraltar Bank | Supervisory Agreement: Gibraltar Bank |
| Aug 24, 2010 | OCC | American Bank, N.A. | Civil Money Penalty (CMP): Magnuson, Richard E. |
| Aug 24, 2010 | OCC_OTS | First Federal Savings and Loan Association of Kewanee | Supervisory Agreement: First Federal Savings and Loan Association of Kewanee |
| Aug 24, 2010 | OCC | American Bank, N.A. | Prohibition/Removal Orders: Magnuson, Richard E. |
| Aug 24, 2010 | OCC | First Federal Savings and Loan Association of Kewanee | Formal Agreement: First FS & LA of Kewanee |
| Aug 24, 2010 | OCC | (individual) | Formal Agreement: First National Bank |
| Aug 20, 2010 Released Nov 7, 2013 | FRB | Highland Bancshares, Inc. | Written Agreement: Highland Bancshares, Inc., St. Michael, Minnesota |
| Aug 20, 2010 Released May 7, 2019 | FRB | (individual) | Written Agreement: First American Bancorp, Greenwood Village, Colorado |
| Aug 20, 2010 | OCC | American National Bank of Minnesota | Formal Agreement: American National Bank of Minnesota |
| Aug 20, 2010 | OCC_OTS | 1st Commonwealth Bank of Virginia | Supervisory Agreement: 1st Commonwealth Bank of Virginia |
| Aug 20, 2010 Released Aug 31, 2010 | FRB | First American State Bank | Written Agreement: First American State Bank, Greenwood Village, Colorado |
| Aug 19, 2010 Released Aug 26, 2010 | FRB | Csra Bank Corp. | Written Agreement: CSRA Bank Corp., Wrens, Georgia |
| Aug 19, 2010 Released Aug 30, 2010 | FRB | (individual) | Written Agreement: UCB Financial Group, Inc., Atlanta, Georgia |
| Aug 18, 2010 | OCC_OTS | (individual) | Prompt Corrective Action: Security Savings Bank, FSB |
| Aug 16, 2010 Released Aug 26, 2010 | FRB | First Bancshares, Inc., of Cold Spring | Written Agreement: First Bancshares, Inc., of Cold Spring, Cold Spring, Minnesota |
| Aug 16, 2010 Released May 15, 2018 | FRB | Barclays Bank PLC | Cease and Desist Order: Barclays Bank PLC, London, England; Barclays Bank PLC New York … |
| Aug 16, 2010 | FRB | (individual) | Section 19 Letters: Tinisha Shanet Snowden |
| Aug 16, 2010 | OCC | (individual) | Formal Agreement: The Peoples National Bank |
| Aug 13, 2010 | OCC_OTS | Fidelity Federal Bancorp | Supervisory Agreement: Fidelity Federal Bancorp |
| Aug 13, 2010 Released Aug 17, 2010 | FRB | Texas Star Bank | Civil Money Penalty, $3,850.00: Texas Star Bank, Van Alstyne, Texas |
| Aug 13, 2010 | OCC | First National Bank USA | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First National Bank USA |
| Aug 13, 2010 | OCC | Pna Parent, Inc. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): PNA Bank |
| Aug 13, 2010 | OCC | United Fidelity Bank, FSB | Formal Agreement: United Fidelity Bank, F.S.B. |
| Aug 13, 2010 | OCC_OTS | PNA Bank | Cease and Desist: PNA Bank |
| Aug 13, 2010 | OCC_OTS | Pedcor Financial Bancorp | Supervisory Agreement: Pedcor Financial Bancorp |
| Aug 13, 2010 | OCC_OTS | Pedcor Financial, LLC | Supervisory Agreement: Pedcor Financial, LLC |
| Aug 13, 2010 | OCC_OTS | United Fidelity Bank, FSB | Supervisory Agreement: United Fidelity Bank, F.S.B. |
| Aug 12, 2010 | OCC | Integra Bank N.A. | Capital Directive: Integra Bank National Association |
| Aug 12, 2010 | OCC | Texas Heritage National Bank | Formal Agreement: Texas Heritage National Bank |
| Aug 12, 2010 | OCC_OTS | Bank of St. Augustine | Civil Money Penalty: Bank of St. Augustine |
| Aug 11, 2010 Released Aug 16, 2010 | FRB | First Banking Center | Prompt Corrective Action: First Banking Center, Burlington, Wisconsin |
| Aug 11, 2010 | OCC_OTS | Ridge Farm State Bank | Orders of Removal/Prohibition: Richard Herrera |
| Aug 10, 2010 | OCC | The Slocomb National Bank | Formal Agreement: The Slocomb National Bank |
| Aug 9, 2010 | OCC_OTS | Home Savings Bank | Supervisory Agreement: Home Savings Bank |
| Aug 9, 2010 Released Aug 16, 2010 | FRB | Madison Financial Corporation | Written Agreement: Madison Financial Corporation, Richmond, Kentucky; Madison Bank, Richmond, Kentucky |
| Aug 9, 2010 Released Aug 12, 2010 | FRB | (individual) | Prompt Corrective Action: Paramount Bank, Farmington Hills, Michigan |
| Aug 9, 2010 Released Aug 19, 2010 | FRB | Battle Creek State Company, Inc. | Written Agreement: Battle Creek State Company, Inc., Battle Creek, Nebraska; Battle Creek State Bank, … |
| Aug 9, 2010 | OCC | Home Savings Bank | Formal Agreement: Home Savings Bank |
| Aug 6, 2010 | OCC_OTS | American Express Bank, FSB | Termination of Cease and Desist: American Express Bank, FSB |