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
Jul 1, 2011	Wells Fargo Financial Mississippi 2, Inc.	IA	Wells Fargo Bank, N.A.
Jul 1, 2011	Wells Fargo Financial Mississippi, Inc.	IA	Wells Fargo Bank, N.A.
Jul 1, 2011	M&T Trust Company of Delaware	DE	Wilmington Trust, N.A.
Jul 1, 2011	Wells Fargo Dealer Services, Inc.	NC	Wells Fargo Bank, N.A.
Jul 1, 2011	Founders Bank, SSB	TX	Vista Bank Texas
Jul 1, 2011	Greensburg Bancshares, Inc.	LA	First Guaranty Bancshares, Inc.
Jul 1, 2011	Wells Fargo Trade Capital, LLC	NY	Wells Fargo Bank, N.A.
Jun 30, 2011	Hico Delaware Bancshares, Inc.	DE	First National Bancshares of Hico, Inc.
Jun 30, 2011	Capital Bank	NC	Capital Bank Corporation
Jun 30, 2011	Lebco Educators Federal Credit Union	PA	Belco Community Credit Union
Jun 30, 2011	Cascade Bank	WA	Opus Bank
Jun 25, 2011	Alton Area Employees Federal Credit Union	IL	1st Midamerica Credit Union
Jun 18, 2011	Farmers State Bank, Astoria	IL	Better Banks
Jun 18, 2011	Charleston Newspapers Federal Credit Union	WV	Members Choice WV Federal Credit Union
Jun 17, 2011	Exchange National Bank of Moore	OK	BancFirst
Jun 14, 2011	First National Bank of Borger	TX	Interbank
Jun 10, 2011	First Community Bank	IA	Dubuque Bank and Trust Company
Jun 5, 2011	Hancock Bank of Alabama	AL	Whitney Bank
Jun 5, 2011	Whitney Holding Corporation	LA	Hancock Whitney Corporation
Jun 5, 2011	Whitney National Bank	LA	Whitney Bank
Jun 4, 2011	First National Bank & Trust Co. of Leavenworth	KS	Exchange Bank & Trust
Jun 3, 2011	Farmers State Bank of Sherburn	MN	Bank Midwest
Jun 1, 2011	Portland Onized Federal Credit Union	OR	Rivermark Community Credit Union
Jun 1, 2011	First Community Bank of America	FL	C1 Bank
Jun 1, 2011	North Penn Bancorp, Inc	PA	Norwood Financial Corp.
Jun 1, 2011	Omni Bancshares, Inc.	LA	Iberiabank Corporation
Jun 1, 2011	Morgan Stanley Credit Corporation	IL	Morgan Stanley Private Bank, N.A.
Jun 1, 2011	Omni Bank	LA	Iberiabank
Jun 1, 2011	Cameron Bancshares, Inc.	LA	Iberiabank Corporation
Jun 1, 2011	Chase Equipment Finance, Inc.	OH	JPMorgan Chase Bank, N.A.
Jun 1, 2011	Telecommunity Credit Union	OH	Towpath Credit Union
Jun 1, 2011	Westchester Federal Credit Union	NY	Nea Federal Credit Union
Jun 1, 2011	Church of Brethren Credit Union	IL	Alero Financial Credit Union
Jun 1, 2011	Dallas Cotton Belt Employees Credit Union	TX	Corner Stone Credit Union
Jun 1, 2011	H F Credit Union	IL	Great Lakes Credit Union
Jun 1, 2011	North Penn Bank	PA	Wayne Bank
Jun 1, 2011	Sears Waco Credit Union	TX	First Central Credit Union
Jun 1, 2011	Cameron State Bank	LA	Iberiabank
Jun 1, 2011	Media Hawaii Federal Credit Union	HI	Aloha Pacific Federal Credit Union
Jun 1, 2011	Saugus Federal Credit Union	MA	Webster First Federal Credit Union
Jun 1, 2011	Morse Chain Ithaca Employees	NY	Beginnings Credit Union
May 31, 2011	Hospitality Community Federal Credit Union	DC	Transit Employees Federal Credit Union
May 28, 2011	Hamptons State Bank	NY	Dime Commercial Bank
May 28, 2011	Charter Private Bank	WA	Boston Private Bank & Trust Company
May 28, 2011	Borel Private Bank & Trust Company	CA	Boston Private Bank & Trust Company
May 28, 2011	First Private Bank & Trust	CA	Boston Private Bank & Trust Company
May 23, 2011	Local 701 I B E W Federal Credit Union	IL	Great Lakes Credit Union
May 21, 2011	FirstBank of Arizona, Inc.	AZ	FirstBank
May 20, 2011	Treaty Oak Bank	TX	Northstar Bank
May 17, 2011	Abigail Adams National Bancorp, Inc.	DC	Premier Financial 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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