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
Dec 16, 2011	Western National Bank	Phoenix, AZ	$162.9M	Washington Federal
Dec 16, 2011	Premier Community Bank of the Emerald Coast	Crestview, FL	$126.0M	Summit Bank, N.A.
Nov 18, 2011	Central Progressive Bank	Lacombe, LA	$383.1M	First NBC Bank
Nov 18, 2011	Polk County Bank	Johnston, IA	$91.6M	Grinnell State Bank
Nov 10, 2011	Community Bank of Rockmart	Rockmart, GA	$62.4M	Century Bank of Georgia
Nov 4, 2011	Sunfirst Bank	Saint George, UT	$198.1M	Cache Valley Bank
Nov 4, 2011	Mid City Bank, Inc.	Omaha, NE	$106.1M	Purdum State Bank
Oct 28, 2011	All American Bank	Des Plaines, IL	$34.8M	International Bank of Chicago
Oct 21, 2011	Community Banks of Colorado	Greenwood Village, CO	$1.28B	Bank Midwest, N.A.
Oct 21, 2011	Old Harbor Bank	Clearwater, FL	$209.0M	1st United Bank
Oct 21, 2011	Decatur First Bank	Decatur, GA	$184.8M	Fidelity Bank
Oct 21, 2011	Community Capital Bank	Jonesboro, GA	$165.3M	State Bank and Trust Company
Oct 14, 2011	Piedmont Community Bank	Gray, GA	$199.0M	State Bank and Trust Company
Oct 14, 2011	Country Bank	Aledo, IL	$195.0M	Blackhawk Bank & Trust
Oct 14, 2011	First State Bank	Cranford, NJ	$191.9M	Northfield Bank
Oct 14, 2011	Blue Ridge Savings Bank, Inc.	Asheville, NC	$161.4M	Bank of North Carolina
Oct 7, 2011	The Riverbank	Wyoming, MN	$419.7M	Central Bank
Oct 7, 2011	Sun Security Bank	Ellington, MO	$351.5M	Great Southern Bank
Sep 30, 2011	First International Bank	Plano, TX	$239.9M	American First National Bank
Sep 23, 2011	Bank of the Commonwealth	Norfolk, VA	$985.1M	Southern Bank and Trust Company
Sep 23, 2011	Citizens Bank of Northern California	Nevada City, CA	$288.8M	Tri Counties Bank
Sep 9, 2011	The First National Bank of Florida	Milton, FL	$296.8M	Charterbank
Sep 2, 2011	Patriot Bank of Georgia	Cumming, GA	$150.8M	Georgia Commerce Bank
Sep 2, 2011	Creekside Bank	Woodstock, GA	$102.3M	Georgia Commerce Bank
Aug 19, 2011	Lydian Private Bank	Palm Beach, FL	$1.70B	Sabadell United Bank, N.A.
Aug 19, 2011	First Southern National Bank	Statesboro, GA	$164.6M	Heritage Bank of the South
Aug 19, 2011	First Choice Bank	Geneva, IL	$141.0M	Inland Bank & Trust
Aug 18, 2011	Public Savings Bank	Huntingdon Valley, PA	$46.8M	Capital Bank, N.A.
Aug 12, 2011	The First National Bank of Olathe	Olathe, KS	$538.1M	Enterprise Bank & Trust
Aug 5, 2011	Bank of Whitman	Colfax, WA	$548.6M	Columbia State Bank
Aug 5, 2011	Bank of Shorewood	Shorewood, IL	$110.7M	Heartland Bank and Trust Company
Jul 29, 2011	Integra Bank N.A.	Evansville, IN	$1.99B	Old National Bank
Jul 29, 2011	Bankmeridian, N.A.	Columbia, SC	$232.6M	SCBT N.A.
Jul 29, 2011	Virginia Business Bank	Richmond, VA	$83.5M	Xenith Bank
Jul 22, 2011	Bank of Choice	Greeley, CO	$954.1M	Bank Midwest, N.A.
Jul 22, 2011	Landmark Bank of Florida	Sarasota, FL	$266.5M	American Momentum Bank
Jul 22, 2011	Southshore Community Bank	Apollo Beach, FL	$41.3M	American Momentum Bank
Jul 15, 2011	First Peoples Bank	Port Saint Lucie, FL	$225.0M	Premier American Bank, N.A.
Jul 15, 2011	High Trust Bank	Stockbridge, GA	$180.3M	Ameris Bank
Jul 15, 2011	One Georgia Bank	Atlanta, GA	$177.7M	Ameris Bank
Jul 15, 2011	Summit Bank	Prescott, AZ	$73.1M	The Foothills Bank
Jul 8, 2011	First Chicago Bank & Trust	Chicago, IL	$896.9M	Northbrook Bank and Trust Company
Jul 8, 2011	Colorado Capital Bank	Castle Rock, CO	$665.8M	First-Citizens Bank & Trust Company
Jul 8, 2011	Signature Bank	Windsor, CO	$62.5M	Points West Community Bank
Jun 24, 2011	Mountain Heritage Bank	Clayton, GA	$103.7M	First American Bank and Trust Company
Jun 17, 2011	McIntosh State Bank	Jackson, GA	$339.9M	Hamilton State Bank
Jun 17, 2011	First Commercial Bank of Tampa Bay	Tampa, FL	$98.6M	Stonegate Bank
Jun 3, 2011	Atlantic Bank and Trust	Charleston, SC	$208.2M	First Citizens Bank and Trust Company, Inc.
May 27, 2011	First Heritage Bank	Snohomish, WA	$173.5M	Columbia State Bank
May 20, 2011	Atlantic Southern Bank	Macon, GA	$741.9M	Certus Bank, N.A.

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
Dec 31, 2011	Amarillo Delaware Bancorp, Inc.	DE	Amarillo National Bancorp, Inc.
Dec 31, 2011	Nebraska Bankers' Bank	NE	Midwest Independent Bankersbank
Dec 31, 2011	Aliant Bank	AL	USAmeriBank
Dec 31, 2011	The Thrift Credit Union	GA	Georgia's Own Credit Union
Dec 31, 2011	U.S. Bancorp Equipment Finance, Inc.	OR	U.S. Bank N.A.
Dec 31, 2011	Luling Delaware Financial Corporation	DE	Luling Bancshares, Inc.
Dec 31, 2011	Freestar Bank, National Association	IL	First Financial Bank, N.A.
Dec 31, 2011	State Bank of Lucan	MN	First Independent Bank
Dec 31, 2011	South Bergen Federal Credit Union	NJ	North Jersey Federal Credit Union
Dec 31, 2011	Citizens Community Credit Union	IL	Illinois Community Credit Union
Dec 31, 2011	Turtle Creek Federal Credit Union	SD	Dakotaland Federal Credit Union
Dec 30, 2011	M&I Community Development Corporation	WI	BMO Bank N.A.
Dec 29, 2011	MSDW Credit Products Inc.	NY	Morgan Stanley
Dec 21, 2011	Guadalupe Federal Credit Union	CA	Premierone Credit Union
Dec 20, 2011	Spring Hill (Delaware), Inc.	DE	Spring Hill Holdings Corporation
Dec 17, 2011	Hedrick Savings Bank	IA	South Ottumwa Savings Bank
Dec 17, 2011	CenterBank of Jacksonville, National Association	FL	FirstAtlantic Bank
Dec 16, 2011	Bemis Federal Credit Union	WA	Lighthouse Community Credit Union
Dec 16, 2011	Diboll State Bancshares of Delaware, Inc.	DE	Diboll State Bancshares, Inc.
Dec 15, 2011	Nero Limited, LLC	MN	Wells Fargo & Company
Dec 14, 2011	Madco Postal Federal Credit Union	IL	1st Midamerica Credit Union
Dec 10, 2011	Heritage First Bank	AL	Townbridge Bank
Dec 10, 2011	Farmers State Bank of Fulton County	IL	Prairie State Bank & Trust
Dec 9, 2011	Baltimore Pipe Trades Federal Credit Union	MD	Point Breeze Credit Union
Dec 7, 2011	Boise Valley Credit Union	ID	Esa Credit Union
Dec 5, 2011	Southern Bank & Trust	SC	Georgia Bank & Trust Company of Augusta
Dec 3, 2011	First National Bank of Ivesdale	IL	State Bank of Bement
Dec 1, 2011	News & Observer Credit Union	NC	Summit Credit Union
Dec 1, 2011	Edwards Development Corporation	MO	Wells Fargo & Company
Dec 1, 2011	Center Financial Corporation	CA	Hope Bancorp, Inc.
Dec 1, 2011	Nara Bank	CA	Bank of Hope
Dec 1, 2011	CapitalBank	SC	Park Sterling Bank
Dec 1, 2011	Claver Federal Credit Union	LA	Tulane/Loyola Federal Credit Union
Dec 1, 2011	First Louisiana National Bank	LA	Midsouth Bank, N.A.
Dec 1, 2011	Delta County Teachers Credit Union	MI	U.P. State Credit Union
Dec 1, 2011	Metroplex Credit Union	TX	Resource One Credit Union
Dec 1, 2011	Fitchburg Federal Credit Union	MA	Webster First Federal Credit Union
Dec 1, 2011	Hamilton County School Employees Credit Union, Inc.	OH	Kemba Credit Union, Inc.
Dec 1, 2011	People's Credit Union of Abilene	TX	Abilene Teachers Federal Credit Union
Dec 1, 2011	San Jacinto Area Credit Union	TX	Texas Dow Employees Credit Union
Dec 1, 2011	Bluestone Federal Credit Union	MN	Associated Healthcare Credit Union
Dec 1, 2011	Paragon Federal Credit Union	NJ	Visions Federal Credit Union
Dec 1, 2011	Dyersburg Credit Union	TN	First South Financial Federal Credit Union
Dec 1, 2011	United Maryland Employees Federal Credit Union	MD	Destinations Credit Union
Dec 1, 2011	Target Corporation Credit Union	MN	Baxter Credit Union
Dec 1, 2011	N P T Employees Federal Credit Union	OR	Portland Local No. 8 Federal Credit Union
Dec 1, 2011	Florida Episcopal Dioceses Federal Credit Union	FL	Insight Credit Union
Nov 30, 2011	Bridge Street Awme Church Federal Credit Union	NY	Brooklyn Cooperative Federal Credit Union
Nov 30, 2011	Viking Financial Services Corporation	WA	Starbuck Bancshares, Inc.
Nov 30, 2011	Viking Bank	WA	AmericanWest Bank

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

Enforcement Actions in 2011

Action date	Agency	Institution	Action
Feb 8, 2011	OCC	First National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First National Bank
Feb 8, 2011	OCC_OTS	Pamrapo Bancorp, Inc.	Orders of Removal/Prohibition: Danuta Grace Krukowski
Feb 8, 2011	OCC_OTS	Pamrapo Bancorp, Inc.	Orders of Removal/Prohibition: Judith McAuliffe
Feb 8, 2011	OCC_OTS	Pamrapo Bancorp, Inc.	Civil Money Penalty: Judith McAuliffe
Feb 8, 2011	OCC_OTS	Pamrapo Bancorp, Inc.	Civil Money Penalty: Danuta Grace Krukowski
Feb 7, 2011	OCC_OTS	(individual)	Civil Money Penalty: M & I Bank Federal Savings Bank
Feb 7, 2011	OCC_OTS	Third Federal Savings & Loan Association of Cleveland	Civil Money Penalty: Third Federal Savings & Loan Association of Cleveland
Feb 7, 2011	OCC	Carver Federal Savings Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Carver Federal Savings Bank
Feb 7, 2011	OCC_OTS	Carver Bancorp, Inc.	Cease and Desist: Carver Bancorp, Inc.
Feb 7, 2011 Released Feb 10, 2011	FRB	Financial Services of Saint Croix Falls, Inc.	Written Agreement: Financial Services of St. Croix Falls, Inc., St. Croix Falls, Wisconsin
Feb 7, 2011	OCC_OTS	Carver Federal Savings Bank	Cease and Desist: Carver Federal Savings Bank
Feb 4, 2011	OCC_OTS	Southwest Bank Holding Company	Cease and Desist: Southwest Securities FSB
Feb 4, 2011 Released Feb 15, 2011	FRB	Dacotah Bank	Civil Money Penalty, $10,995: Dacotah Bank, Aberdeen, South Dakota
Feb 4, 2011 Released Feb 15, 2011	FRB	(individual)	Civil Money Penalty, $5,160: Franklin Savings Bank, Farmington, Maine
Feb 4, 2011	OCC	Southwest Bank Holding Company	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Southwest Securities, FSB
Feb 3, 2011	OCC	The Midland National Bank of Newton	Formal Agreement: The Midland National Bank of Newton
Feb 3, 2011	OCC_OTS	MidFirst Bank	Orders of Removal/Prohibition: Brent Bishop
Feb 3, 2011	OCC_OTS	Bank Mutual	Orders of Removal/Prohibition: Kirk M. France
Feb 3, 2011	OCC_OTS	Woodforest Bank	Termination of Cease and Desist: Woodforest Bank
Feb 2, 2011	OCC	Peoples National Bank	Civil Money Penalty (CMP): Anderson, Eric
Feb 2, 2011	OCC	Peoples National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Anderson, Eric
Feb 2, 2011 Released Feb 8, 2011	FRB	Bankvest, Inc.	Written Agreement: BankVest, Inc., Castle Rock, Colorado
Feb 2, 2011	OCC	Community National Corporation	Prohibition/Removal Orders: Lees, Jay
Feb 2, 2011	OCC	Community National Corporation	Civil Money Penalty (CMP): Lees, Jay
Jan 31, 2011	FRB	Fifth Third Bank, N.A.	Section 19 Letters: Dorenee Robinson
Jan 31, 2011	FRB	Fifth Third Bank, N.A.	Section 19 Letters: Amanda Burns
Jan 28, 2011	OCC	The First National Bank of Wellston	Civil Money Penalty (CMP): The First National Bank of Wellston
Jan 28, 2011	OCC	The Bank, N.A.	Civil Money Penalty (CMP): The Bank National Association
Jan 28, 2011	OCC_OTS	First Federal Bank	Orders of Removal/Prohibition: Marla Owens
Jan 27, 2011	OCC	Canyon Bancorporation, Inc.	Formal Agreement: Canyon Community Bank, National Association
Jan 26, 2011	FRB	(individual)	Section 19 Letters: Kermit E. Rabe
Jan 26, 2011	OCC	(individual)	Formal Agreement: THE National Bank
Jan 25, 2011	OCC	Liberty Bank	Formal Agreement: Liberty Bank, National Association
Jan 25, 2011	OCC_OTS	Atlantic Banc Holdings, Inc.	Cease and Desist: Atlantic Banc Holdings, Inc.
Jan 25, 2011 Released Feb 1, 2011	FRB	Cokato Bancshares, Inc.	Written Agreement: Cokato Bancshares, Inc., Cokato, Minnesota
Jan 25, 2011	OCC_OTS	Sterling Bancorp, Inc.	Orders of Removal/Prohibition: Shuang Zheng
Jan 25, 2011	OCC_OTS	Systematic Savings and Loan Association	Supervisory Agreement: Systematic Savings and Loan Association
Jan 25, 2011	OCC_OTS	Atlantic Bank & Trust	Cease and Desist: Atlantic Bank and Trust
Jan 24, 2011	OCC_OTS	Park Bancorp, Inc.	Cease and Desist: Park Federal Savings Bank
Jan 24, 2011 Released Jan 27, 2011	FRB	Virginia Business Bank	Prompt Corrective Action: Virginia Business Bank, Richmond, Virginia
Jan 24, 2011	OCC_OTS	Park Bancorp, Inc.	Termination of Supervisory Agreement: Park Federal Savings Bank
Jan 24, 2011	OCC	South County Bank, National Association	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): South County Bank, National Association
Jan 21, 2011	FRB	Regions Bank	Section 19 Letters: Stephanie Pickle
Jan 21, 2011	OCC_OTS	First Federal Bank	Orders of Removal/Prohibition: Heather Whiteside
Jan 21, 2011	OCC_OTS	(individual)	Orders of Removal/Prohibition: Sarah M. Knight
Jan 21, 2011	FRB	Compass Bank	Section 19 Letters: David Charles Peterson
Jan 21, 2011	OCC_OTS	Colombo Bancshares, Inc.	Cease and Desist: Colombo Bancshares, Inc.
Jan 21, 2011	FRB	Suntrust Bank	Section 19 Letters: Karen Pope Ferguson
Jan 20, 2011 Released Jan 25, 2011	FRB	Rocky Mountain Capital	Written Agreement: Rocky Mountain Capital, Wilson, Wyoming
Jan 20, 2011	OCC	One National Bancshares, Inc.	Formal Agreement: One Bank & Trust, National Association

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