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
Jul 9, 2011	Centra Financial Corporation-Morgantown, Inc	WV	Ubc Holding Company, Inc.
Jul 9, 2011	Centra Financial Corporation-Hagerstown, Inc.	WV	Ubc Holding Company, Inc.
Jul 9, 2011	First Asian Bank	NV	Royal Business Bank
Jul 9, 2011	Centra Financial Corporation-Uniontown, Inc.	WV	Ubc Holding Company, Inc.
Jul 9, 2011	Centra Financial Corporation-Martinsburg, Inc	WV	Ubc Holding Company, Inc.
Jul 9, 2011	Centra Financial Holdings, Inc.	WV	Ubc Holding Company, Inc.
Jul 7, 2011	First National Bank of Ruidoso	NM	First National Bank
Jul 6, 2011	M & I Bank N.A.	NV	BMO Bank N.A.
Jul 6, 2011	Marshall & Ilsley Corporation	WI	BMO Financial Corp.
Jul 6, 2011	The Harris Bank National Association	AZ	BMO Bank N.A.
Jul 6, 2011	M&I Marshall and Ilsley Bank	WI	BMO Bank N.A.
Jul 2, 2011	F&M Mortgage Company, L.L.C.	OK	The F&M Bank & Trust Company
Jul 1, 2011	MidCarolina Bank	NC	American National Bank and Trust Company
Jul 1, 2011	Northern States Power Company Fargo Division Federal Credit Union	ND	Town & Country Credit Union
Jul 1, 2011	Western States Envelope Credit Union	WI	Landmark Credit Union
Jul 1, 2011	U.F.C.W. Local Federal Credit Union	CT	Finex Credit Union
Jul 1, 2011	Maroa Forsyth Community Bank	IL	Scott State Bank
Jul 1, 2011	T C U 579 Credit Union	WI	Heartland Credit Union
Jul 1, 2011	Creamery Credit Union	IA	North Star Community Credit Union
Jul 1, 2011	Frontier Federal Credit Union	NY	The Summit Federal Credit Union
Jul 1, 2011	J C S Employees Federal Credit Union	OH	Atomic Credit Union, Inc.
Jul 1, 2011	West Covina Federal Credit Union	CA	Prospectors Federal Credit Union
Jul 1, 2011	Hungarian Reformed Church Sick Benefit Society Federal Credit Union	OH	Genfed Financial Credit Union, Inc.
Jul 1, 2011	Seacoast Credit Union	NH	Service Federal Credit Union
Jul 1, 2011	Ukrainian Credit Union	MN	Trustone Financial Credit Union
Jul 1, 2011	Weber Credit Union	UT	Wasatch Peaks Federal Credit Union
Jul 1, 2011	Citibank (South Dakota), N.A.	SD	Citibank, N.A.
Jul 1, 2011	Bank of Greensburg	LA	First Guaranty Bank
Jul 1, 2011	Minnesota Catholic Credit Union	MN	Minnesota Catholic Credit Union
Jul 1, 2011	First Community Bank	IA	Arbor Bank
Jul 1, 2011	Missions Building Federal Credit Union	IN	Harvester Financial Credit Union
Jul 1, 2011	Benchmark Credit Union	TX	Complex Community Federal Credit Union
Jul 1, 2011	Maricopa Santa Fe Federal Credit Union	AZ	Sunwest Federal Credit Union
Jul 1, 2011	Danversbank	MA	People's United Bank, National Association
Jul 1, 2011	Kulia Ohana Federal Credit Union	HI	Valley Isle Community Federal Credit Union
Jul 1, 2011	Klann Employees Credit Union	VA	Valley Community Credit Union
Jul 1, 2011	Lakeland Postal Employees Federal Credit Union	FL	Priority Credit Union
Jul 1, 2011	Heritage Bank, National Association	IA	Heritage Bank, N.A.
Jul 1, 2011	Huntingdon County Federal Credit Union	PA	Arize Federal Credit Union
Jul 1, 2011	Jackson Vibrators Employees Credit Union	MI	Preferred Credit Union
Jul 1, 2011	Southtrust Mortgage Corporation	GA	Wells Fargo Bank, N.A.
Jul 1, 2011	Meridian Mortgage Corporation	PA	Wells Fargo Bank, N.A.
Jul 1, 2011	VNB Mortgage Services, Inc.	NJ	Valley National Bank
Jul 1, 2011	Wilmington Trust, National Association	MD	Wilmington Trust, N.A.
Jul 1, 2011	SBL, Inc	WI	State Bank Financial
Jul 1, 2011	Merrill Lynch Credit Corporation	FL	Bank of America, N.A.
Jul 1, 2011	Danvers Bancorp, Inc.	MA	People's United Financial, Inc.
Jul 1, 2011	Bac Home Loans Servicing, LP	TX	Bank of America, N.A.
Jul 1, 2011	Citizens Bank Wealth Management, N.A.	MI	Citizens Bank
Jul 1, 2011	Midcarolina Financial Corporation	NC	American National Bankshares Inc.

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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