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
Apr 1, 2011	Como Northtown Community Credit Union	MN	Topline Financial Credit Union
Apr 1, 2011	Valdosta Educators Credit Union	GA	Mea Federal Credit Union
Apr 1, 2011	Arizona Heritage Credit Union	AZ	Credit Union West
Apr 1, 2011	West Haven Municipal Federal Credit Union	CT	Greater West Haven Federal Credit Union
Apr 1, 2011	MT. Garfield Federal Credit Union	CO	Rio Grande Federal Credit Union
Apr 1, 2011	North State Telco Credit Union	NC	Triad Partners Federal Credit Union
Apr 1, 2011	The Rome Savings Bank	NY	Berkshire Bank
Apr 1, 2011	Salt Lake City V a F Federal Credit Union	UT	American United Federal Credit Union
Apr 1, 2011	Treasury Credit Union	UT	Federal Family Federal Credit Union
Apr 1, 2011	Holston Valley Credit Union	TN	Eastman Credit Union
Apr 1, 2011	Leaf River Federal Credit Union	MS	Pine Belt Federal Credit Union
Apr 1, 2011	Cal State Central Credit Union of the North Bay	CA	Redwood Credit Union
Apr 1, 2011	Community 1 Federal Credit Union	SC	Carolina Foothills Federal Credit Union
Apr 1, 2011	Athol-Clinton Co-operative Bank	MA	Bankhometown
Apr 1, 2011	Maryland Bank and Trust Company, National Association	MD	Old Line Bank
Apr 1, 2011	Communication Services Credit Union	MI	Sagelink Credit Union
Mar 31, 2011	Bank Iowa	IA	Bank Iowa
Mar 31, 2011	Northwest Community Bank	IL	Byline Bank
Mar 31, 2011	Community Bank of DuPage	IL	Metrobank
Mar 31, 2011	First National Bankers Bank, Alabama	AL	First National Bankers Bank
Mar 31, 2011	Mississippi National Bankers Bank	MS	First National Bankers Bank
Mar 31, 2011	Bank Iowa	IA	Bank Iowa
Mar 31, 2011	Arkansas Bankers Bank	AR	First National Bankers Bank
Mar 31, 2011	NC Bancorp, Inc.	IL	Byline Bancorp, Inc.
Mar 31, 2011	Bank Iowa	IA	Bank Iowa
Mar 31, 2011	Metropolitan Bank and Trust Company	IL	Metrobank
Mar 31, 2011	Bank Iowa	IA	Bank Iowa
Mar 31, 2011	Bank Iowa	IA	Bank Iowa
Mar 31, 2011	Onized Oakland Federal Credit Union	CA	Allied Trades Credit Union
Mar 31, 2011	Bank Iowa	IA	Bank Iowa
Mar 31, 2011	Chicago Community Bank	IL	Metrobank
Mar 31, 2011	Edens Bank	IL	Byline Bank
Mar 31, 2011	Wells Fargo Central Bank	CA	Wells Fargo Bank, N.A.
Mar 31, 2011	Northern States Montevideo Employees Credit Union	MN	Co-Op Credit Union of Montevideo
Mar 31, 2011	The First Commercial Bank	IL	Byline Bank
Mar 26, 2011	Village Bank	MO	Liberty Bank
Mar 23, 2011	Fidelity Bank	TX	Veritex Community Bank
Mar 23, 2011	Fidelity Resources Company	TX	Veritex Holdings, Inc.
Mar 19, 2011	Downers Grove National Bank	IL	BankFinancial, National Association
Mar 19, 2011	DG Bancorp, Inc.	IL	Bankfinancial Corporation
Mar 19, 2011	Rural American Bank - Braham	MN	Frandsen Bank & Trust
Mar 19, 2011	Rural American Bank - Luck	WI	Frandsen Bank & Trust
Mar 19, 2011	Wainwright Bank & Trust Company	MA	Eastern Bank
Mar 18, 2011	Southwest Capital Bank, National Association	FL	Stonegate Bank
Mar 17, 2011	The Franklin Savings and Loan Company	OH	Cheviot Savings Bank
Mar 15, 2011	Bank of Whitewater Insurance, Inc.	KS	The Bank of Whitewater
Mar 12, 2011	The First National Bank of Mineola	TX	The City National Bank of Sulphur Springs
Mar 5, 2011	First State Bank	NE	Banner Capital Bank
Mar 3, 2011	Rockville Financial, Inc.	CT	United Financial Bancorp, Inc.
Mar 1, 2011	Portland Credit Union	ND	First Community Credit Union

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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