Calendar Year

2011 in US Banking

1,213 bank events are on record for 2011: 92 failures, 547 mergers or acquisitions involving a bank, credit union or bank holding company, and 574 enforcement actions.

92

Failures

$34.92B in failed assets

547

Mergers

Federal Reserve NIC, banking organizations

574

Enforcement

OCC, FDIC, FRB, OTS and SEC 8-K filings

Jump to: Bank failures 2011 · Bank mergers 2011

How many banks failed in 2011?

92 banks failed in 2011, with $34.92B in assets. Each failure below links to its own page.

Date	Bank	HQ	Assets	Acquirer or resolution
May 20, 2011	First Georgia Banking Company	Franklin, GA	$731.0M	Certus Bank, N.A.
May 20, 2011	Summit Bank	Burlington, WA	$142.7M	Columbia State Bank
May 6, 2011	Coastal Bank	Cocoa Beach, FL	$129.4M	Premier American Bank, N.A.
Apr 29, 2011	The Park Avenue Bank	Valdosta, GA	$849.4M	Bank of the Ozarks
Apr 29, 2011	Community Central Bank	Mount Clemens, MI	$451.7M	Talmer Bank and Trust
Apr 29, 2011	First National Bank of Central Florida	Winter Park, FL	$342.1M	Premier American Bank, N.A.
Apr 29, 2011	First Choice Community Bank	Dallas, GA	$291.2M	Bank of the Ozarks
Apr 29, 2011	Cortez Community Bank	Brooksville, FL	$66.3M	Premier American Bank, N.A.
Apr 15, 2011	Superior Bank	Birmingham, AL	$2.98B	Superior Bank, N.A.
Apr 15, 2011	Nexity Bank	Birmingham, AL	$757.6M	Alostar Bank of Commerce
Apr 15, 2011	Bartow County Bank	Cartersville, GA	$314.0M	Hamilton State Bank
Apr 15, 2011	Heritage Banking Group	Carthage, MS	$228.3M	Trustmark National Bank
Apr 15, 2011	New Horizons Bank	East Ellijay, GA	$103.1M	Citizens South Bank
Apr 15, 2011	Rosemount National Bank	Rosemount, MN	$21.5M	Central Bank
Apr 8, 2011	Western Springs National Bank and Trust	Western Springs, IL	$186.7M	Heartland Bank and Trust Company
Apr 8, 2011	Nevada Commerce Bank	Las Vegas, NV	$135.1M	City National Bank
Mar 25, 2011	The Bank of Commerce	Wood Dale, IL	$163.1M	Advantage National Bank
Mar 11, 2011	Legacy Bank	Milwaukee, WI	$190.4M	Seaway Bank and Trust Company
Mar 11, 2011	The First National Bank of Davis	Davis, OK	$90.2M	The Pauls Valley Natiional Bank
Feb 25, 2011	Valley Community Bank	St. Charles, IL	$123.8M	First State Bank
Feb 18, 2011	Habersham Bank	Clarkesville, GA	$387.7M	SCBT N.A.
Feb 18, 2011	San Luis Trust Bank, FSB	San Luis Obispo, CA	$332.6M	First California Bank
Feb 18, 2011	Citizens Bank of Effingham	Springfield, GA	$214.3M	Heritage Bank of the South
Feb 18, 2011	Charter Oak Bank	Napa, CA	$120.8M	Bank of Marin
Feb 11, 2011	Peoples State Bank	Hamtramck, MI	$390.5M	First Michigan Bank
Feb 11, 2011	Canyon National Bank	Palm Springs, CA	$210.9M	Pacific Premier Bank
Feb 11, 2011	Sunshine State Community Bank	Port Orange, FL	$125.5M	Premier American Bank, N.A.
Feb 11, 2011	Badger State Bank	Cassville, WI	$83.8M	Royal Bank
Feb 4, 2011	American Trust Bank	Roswell, GA	$238.2M	Renasant Bank
Feb 4, 2011	North Georgia Bank	Watkinsville, GA	$153.2M	Banksouth
Feb 4, 2011	Community First Bank - Chicago	Chicago, IL	$51.1M	Northbrook Bank and Trust Company
Jan 28, 2011	First Community Bank	Taos, NM	$2.19B	U.S. Bank, N.A.
Jan 28, 2011	Firstier Bank	Louisville, CO	$764.1M	—
Jan 28, 2011	Evergreen State Bank	Stoughton, WI	$240.9M	McFarland State Bank
Jan 28, 2011	The First State Bank	Camargo, OK	$44.5M	Bank 7
Jan 21, 2011	United Western Bank	Denver, CO	$2.15B	First-Citizens Bank and Trust Company
Jan 21, 2011	Communitysouth Bank and Trust	Easley, SC	$341.0M	Certus Bank, N.A.
Jan 21, 2011	The Bank of Asheville	Asheville, NC	$204.9M	First Bank
Jan 21, 2011	Enterprise Banking Company	McDonough, GA	$99.5M	—
Jan 14, 2011	Oglethorpe Bank	Brunswick, GA	$211.1M	Bank of the Ozarks
Jan 7, 2011	First Commercial Bank of Florida	Orlando, FL	$578.6M	First Southern Bank
Jan 7, 2011	Legacy Bank	Scottsdale, AZ	$136.4M	Enterprise Bank & Trust

Which banks merged in 2011?

547 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2011.

See the fuller list: Bank mergers 2011 with largest deals and credit union mergers ›

Date	Acquired	St	Acquirer
Mar 1, 2011	Cuyahoga Falls Municipal Employees Credit Union, Inc.	OH	Falls Catholic Credit Union, Inc.
Mar 1, 2011	P a Federal Credit Union	LA	Eagle Louisiana Federal Credit Union
Mar 1, 2011	Sweetheart Cup Federal Credit Union	IL	South Division Credit Union
Mar 1, 2011	First National Bank	NE	Homestead Bank
Mar 1, 2011	FNS Inc.	NE	C.S.B. Co.
Mar 1, 2011	First Ipswich Bancorp	MA	Brookline Bancorp, Inc.
Mar 1, 2011	Wachovia Holdings, Inc.	NC	Wells Fargo Bank, N.A.
Feb 19, 2011	Bay-Hermann-Berger Bank	MO	The Missouri Bank
Feb 19, 2011	Saint James Parish School Employees Federal Credit Union	LA	Jefferson Financial Federal Credit Union
Feb 18, 2011	Ijl 2004, LLC	NC	Wells Fargo & Company
Feb 14, 2011	El Campo Bancshares of Nevada, Inc.	NV	El Campo Bancshares, Inc.
Feb 12, 2011	First Security Bank - Evansville	MN	First Security Bank - Sleepy Eye
Feb 12, 2011	Loveland Bank of Commerce	CO	Verus Bank of Commerce
Feb 12, 2011	Larimer Bank of Commerce	CO	Verus Bank of Commerce
Feb 12, 2011	American State Bank	OK	Peoples Bank
Feb 5, 2011	Chester National Bank of Missouri	MO	Chester National Bank
Feb 1, 2011	Motion Picture Federal Credit Union	CA	Musicians' Interguild Credit Union
Feb 1, 2011	Starenergy Credit Union	CA	Chevron Federal Credit Union
Feb 1, 2011	Elgin City Employees Credit Union	IL	Credit Union 1
Feb 1, 2011	Charter Alliance Bank	TX	Charter Bank
Feb 1, 2011	American Premier Bank	CA	First General Bank
Jan 31, 2011	American Bell Federal Credit Union	LA	Aneca Federal Credit Union
Jan 31, 2011	A-B Credit Union	WI	Heritage Credit Union
Jan 29, 2011	Northern States Employees Credit Union	WI	Governmental Employees Credit Union
Jan 29, 2011	Continental Federal Credit Union	AZ	Alliant Credit Union
Jan 28, 2011	Shiloh Baptist Church Federal Credit Union	LA	Neighbors Federal Credit Union
Jan 26, 2011	FNB Company of Delaware, L.L.C.	DE	FNB Company
Jan 24, 2011	Bank of Tucson	AZ	Bank of Tucson
Jan 22, 2011	The First National Bank of La Follette	TN	Community Trust Bank, Inc.
Jan 18, 2011	Central Bank, FSB	KY	Central Bank & Trust Company
Jan 15, 2011	The Bank of Quapaw	OK	The Baxter State Bank
Jan 15, 2011	Nine Tribes Bancshares, Inc.	OK	Baxter Bancshares, Inc.
Jan 13, 2011	Olney Bancorp of Delaware, Inc.	DE	Olney Bancshares of Texas, Inc.
Jan 11, 2011	True North Financial Services, Inc.	MA	Mountainone Bank
Jan 11, 2011	Providers Employees Federal Credit Union	NY	Empower Federal Credit Union
Jan 8, 2011	Ironstone Bank	FL	First-Citizens Bank & Trust Company
Jan 3, 2011	Alcan Employees Credit Union	KY	Louisville Metro Police Officers Credit Union
Jan 1, 2011	Ufcw #916 Federal Credit Union	CA	Members 1st Credit Union
Jan 1, 2011	Home Town Community Credit Union	VA	Bayport Federal Credit Union
Jan 1, 2011	Alamosa Credit Union	CO	Mountain River Credit Union
Jan 1, 2011	The Felton Bank	DE	Shore United Bank, N.A.
Jan 1, 2011	Monroe Bank	IN	Old National Bank
Jan 1, 2011	Community Bank & Trust Company	PA	First National Bank of Pennsylvania
Jan 1, 2011	Bank of Fall River, a Co-operative Bank	MA	BayCoast Bank
Jan 1, 2011	St. Margarets Credit Union	MO	Together Credit Union
Jan 1, 2011	Cypress West Federal Credit Union	CA	Skyone Federal Credit Union
Jan 1, 2011	PNC Multifamily Mortgage LLC	CA	PNC Bank, N.A.
Jan 1, 2011	Bank of Kansas City, National Association	KS	BOKF, N.A.
Jan 1, 2011	Santander International Bank of Puerto Rico, Inc.	PR	Banco Santander Puerto Rico
Jan 1, 2011	American Community Bancorp, Inc.	IN	German American Bancorp, Inc.

The list holds 500 of the 547 mergers recorded for 2011.

Enforcement Actions in 2011

Action date	Agency	Institution	Action
Feb 22, 2011	OCC	Home Federal Savings Bank	Formal Agreement: Home Federal Savings Bank
Feb 22, 2011	OCC	JPMorgan Chase Bank, N.A.	Prohibition/Removal Orders: Moore, Matthew
Feb 22, 2011	OCC_OTS	Home Federal Savings Bank	Supervisory Agreement: Home Federal Savings Bank
Feb 18, 2011	OCC_OTS	1st Commonwealth Bank of Virginia	Civil Money Penalty: Donald E. Ziegler
Feb 18, 2011	OCC_OTS	1st Commonwealth Bank of Virginia	Civil Money Penalty: Gregory A. Murray
Feb 18, 2011	OCC_OTS	1st Commonwealth Bank of Virginia	Civil Money Penalty: Gregory U. Evans
Feb 18, 2011	OCC_OTS	1st Commonwealth Bank of Virginia	Civil Money Penalty: Joseph M. Sullivan
Feb 18, 2011	OCC_OTS	1st Commonwealth Bank of Virginia	Civil Money Penalty: Lynn B. Fuechsel
Feb 18, 2011	OCC	National Bank of Earlville	Formal Agreement: National Bank of Earlville
Feb 18, 2011	OCC_OTS	1st Commonwealth Bank of Virginia	Civil Money Penalty: Sidney G. Simmonds
Feb 18, 2011	OCC_OTS	1st Commonwealth Bank of Virginia	Civil Money Penalty: Sung Bin Im
Feb 18, 2011	OCC_OTS	1st Commonwealth Bank of Virginia	Civil Money Penalty: William B. Lawson, Jr.
Feb 18, 2011 Released Mar 1, 2011	FRB	Bridgeview Bancorp, Inc.	Written Agreement: Bridgeview Bancorp, Inc., Bridgeview, Illinois
Feb 18, 2011	OCC_OTS	Flagstar Bancorp, Inc.	Civil Money Penalty: Flagstar Bank, FSB
Feb 18, 2011	OCC_OTS	1st Commonwealth Bank of Virginia	Civil Money Penalty: David K. Chow
Feb 18, 2011	OCC_OTS	1st Commonwealth Bank of Virginia	Civil Money Penalty: Ernest L. Tressler
Feb 17, 2011	OCC_OTS	First Carolina Bancshares Corporation	Supervisory Agreement: First Carolina Bancshares, MHC
Feb 17, 2011	OCC_OTS	Community Federal Savings Bank	Cease and Desist: Community Federal Savings Bank
Feb 17, 2011	OCC_OTS	Community Federal Savings Bank	Cease and Desist: Community FSB Holding Company
Feb 17, 2011	OCC	Community Federal Savings Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Community Federal Savings Bank
Feb 17, 2011	OCC	The First National Bank of Southern Kansas	Formal Agreement: The First National Bank of Southern Kansas
Feb 17, 2011	OCC	The Kishacoquillas Valley National Bank of Belleville	Formal Agreement: The Kishacoquillas Valley National Bank of Belleville
Feb 17, 2011	OCC	BLC Bank N.A.	Prohibition/Removal Orders: Braas, Joseph
Feb 17, 2011	OCC	BLC Bank N.A.	Prohibition/Removal Orders: Schlager, Michael
Feb 17, 2011	OCC	BLC Bank N.A.	Prohibition/Removal Orders: Stankiewicz, Mary
Feb 17, 2011 Released Feb 22, 2011	FRB	Marquette Financial Companies	Written Agreement: Marquette Financial Companies, Minneapolis, Minnesota
Feb 17, 2011 Released Feb 22, 2011	FRB	Eastern Virginia Bankshares, Inc.	Written Agreement: Eastern Virginia Bankshares, Inc. and EVB, both of Tappahannock, Virginia
Feb 17, 2011 Released Mar 10, 2022	FRB	(individual)	Cease and Desist Order: Community FSB Holding Company
Feb 17, 2011 Released Feb 22, 2011	FRB	National Bancorp, Inc.	Written Agreement: National Bancorp, Inc., Schaumburg, Illinois
Feb 17, 2011	OCC_OTS	Eastern Savings Bank Federal Savings Bank	Cease and Desist: Jonathan I. Feldman
Feb 17, 2011	OCC_OTS	Eastern Savings Bank Federal Savings Bank	Civil Money Penalty: Jonathan I. Feldman
Feb 17, 2011	OCC_OTS	Wilmington Trust, National Association	Supervisory Agreement: Wilmington Trust FSB
Feb 16, 2011	OCC	Abacus Federal Savings Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Abacus Federal Savings Bank
Feb 16, 2011	OCC	Neighborhood National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Neighborhood National Bank
Feb 16, 2011 Released Feb 22, 2011	FRB	American Bancorporation of Minnesota, Inc.	Written Agreement: American Bancorporation of Minnesota, Inc., Baxter, Minnesota
Feb 16, 2011	OCC_OTS	Abacus Federal Savings Bank	Cease and Desist: Abacus Federal Savings Bank
Feb 15, 2011	OCC_OTS	Allied Houston Bank	Amended Orders to Cease and Desist: Chicago Title Insurance Company
Feb 15, 2011	OCC	First National Bank and Trust	Formal Agreement: First National Bank and Trust
Feb 14, 2011 Released Feb 17, 2011	FRB	Westside Banking Company	Written Agreement: Westside Banking Company, University Place, Washington
Feb 10, 2011	FRB	CoBiz Bank	Section 19 Letters: Gregory P. Burns
Feb 10, 2011	OCC	Zions Bancorporation, N.A.	Civil Money Penalty (CMP): Zions First National Bank
Feb 10, 2011 Released Feb 15, 2011	FRB	Market Bancorporation, Inc.	Written Agreement: Market Bancorporation, Inc., Elk New Market, Minnesota
Feb 9, 2011	OCC	Coast National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Coast National Bank
Feb 9, 2011 Released Feb 15, 2011	FRB	Bank of Whitman	Prompt Corrective Action: Bank of Whitman, Colfax, Washington
Feb 9, 2011 Released Feb 15, 2011	FRB	Idaho Banking Company	Prompt Corrective Action: Idaho Banking Company, Boise, Idaho
Feb 9, 2011	OCC_OTS	(individual)	Prompt Corrective Action: San Luis Trust Bank, FSB
Feb 8, 2011	OCC_OTS	Seneca Falls Savings Bank	Civil Money Penalty: Seneca Falls Savings Bank
Feb 8, 2011 Released Feb 15, 2011	FRB	(individual)	Civil Money Penalty, $37,500: MYANNS Corporation, Piqua, Kansas
Feb 8, 2011 Released Feb 15, 2011	FRB	(individual)	Civil Money Penalty, $7,500: G. Larry Curry
Feb 8, 2011 Released Feb 10, 2011	FRB	Community Banks of Colorado	Prompt Corrective Action: Community Banks of Colorado, Greenwood Village, Colorado

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