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
Oct 20, 2011 Released Oct 25, 2011	FRB	Border Capital Group, Inc.	Written Agreement: Border Capital Group, Inc., McAllen, Texas
Oct 17, 2011	OCC	Saddle River Valley Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Saddle River Valley Bank
Oct 17, 2011 Released Nov 3, 2011	FRB	Huntington Bancshares Incorporated	Written Agreement: Huntington Bancshares, Inc., Huntington, Texas
Oct 13, 2011	FRB	Barclays Bank of New York, National Association	Section 19 Letters: Humza Zaman
Oct 12, 2011	OCC	Western National Bank	Prompt Corrective Action (PCA) Directive: Western National Bank
Oct 11, 2011	OCC	The National Bank of Harvey	Formal Agreement: The National Bank of Harvey
Oct 11, 2011 Released Oct 13, 2011	FRB	Anchor Commercial Bank	Prompt Corrective Action: Anchor Commercial Bank, Juno Beach, Florida
Oct 5, 2011	OCC	The Savannah Bank, National Association	Formal Agreement: The Savannah Bank National Association
Sep 29, 2011	OCC	JPMorgan Chase Bank, N.A.	Prohibition/Removal Orders: Tallman, Jarrod W.
Sep 27, 2011 Released Sep 28, 2011	FRB	First Pryority Bank	Prohibition from Banking: Max Grunhof
Sep 27, 2011	OCC	First National Bank of Pasco	Formal Agreement: First National Bank of Pasco
Sep 26, 2011 Released Oct 4, 2011	FRB	Tennessee Valley Financial Holdings, Inc.	Written Agreement: Tennessee Valley Financial Holdings, Inc., Oak Ridge, Tennessee
Sep 26, 2011	OCC	T Bank, N.A.	Notice of Charges: Adams, Patrick
Sep 26, 2011	FRB	Suntrust Bank	Section 19 Letters: Jason Fox
Sep 21, 2011 Released Oct 18, 2011	FRB	(individual)	Written Agreement: Porter Bancorp, Inc., Louisville, Kentucky
Sep 20, 2011	OCC	Citizens First National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Citizens First National Bank
Sep 20, 2011	OCC	First Trust Bank of Illinois	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First National Bank of Illinois
Sep 19, 2011 Released Sep 22, 2011	FRB	SWNB Bancorp, Inc.	Written Agreement: SWNB Bancorp, Inc., Houston, Texas
Sep 16, 2011	OCC	First Federal Community Bank, SSB	Formal Agreement: First Federal Community Bank
Sep 16, 2011	OCC	Landmark Financial Holding Company	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Landmark Bank, National Association
Sep 15, 2011	OCC	Stephens Federal Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Stephens Federal Bank
Sep 15, 2011	OCC	The First National Bank of Mount Dora	Formal Agreement: The First National Bank of Mount Dora
Sep 2, 2011 Released Sep 6, 2011	FRB	Community Pride Bank Corporation	Written Agreement: Community Pride Bank Corporation, Ham Lake, Minnesota
Sep 2, 2011	OCC	JPMorgan Chase Bank, N.A.	Formal Agreement: JPMorgan Chase Bank, National Association
Sep 1, 2011	FRB	Goldman Sachs Bank USA	Cease and Desist Order: The Goldman Sachs Group, Inc., New York, New York, Goldman …
Sep 1, 2011	OCC	Wells Fargo Bank, N.A.	Prohibition/Removal Orders: Lesko, Alexis A.
Sep 1, 2011 Released Sep 8, 2011	FRB	Stonebridge Financial Corp.	Written Agreement: Stonebridge Financial Corp., West Chester, Pennsylvania
Aug 31, 2011	FRB	(individual)	Section 19 Letters: Angela Feeley
Aug 31, 2011	OCC	The Exchange National Bank of Cottonwood Falls	Formal Agreement: The Exchange National Bank of Cottonwood Falls
Aug 31, 2011 Released Sep 6, 2011	FRB	Arthur Financial Corporation	Written Agreement: JCO Ventures, LLC, Union, JCO Partners, L.P., JCO Partners II, L.P., HAO …
Aug 30, 2011	OCC	First Bank of Arizona, N.A.	Prohibition/Removal Orders: Lamb, Raymond A.
Aug 30, 2011	OCC	First Bank of Arizona, N.A.	C&D or PC&D Requiring Restitution: Lamb, R. Patrick
Aug 30, 2011	OCC	First Bank of Arizona, N.A.	C&D or PC&D Requiring Restitution: Lamb, Raymond A.
Aug 30, 2011	OCC	First Bank of Arizona, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Lamb, R. Patrick
Aug 30, 2011	OCC	First Bank of Arizona, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Lamb, Raymond A.
Aug 30, 2011	OCC	First Bank of Arizona, N.A.	Civil Money Penalty (CMP): Lamb, R. Patrick
Aug 30, 2011	OCC	First Bank of Arizona, N.A.	Civil Money Penalty (CMP): Lamb, Raymond A.
Aug 30, 2011	OCC	First Bank of Arizona, N.A.	Prohibition/Removal Orders: Lamb, R. Patrick
Aug 30, 2011	FRB	Regions Bank	Section 19 Letters: Patsy Wilkerson
Aug 29, 2011 Released Sep 13, 2011	FRB	(individual)	Written Agreement: Pinnacle Bank Holding Company, Inc., Orange City, Florida
Aug 29, 2011	OCC	The First National Bank of Wahoo	Formal Agreement: First National Bank of Wahoo
Aug 26, 2011 Released Sep 1, 2011	FRB	(individual)	Civil Money Penalty, $7,130: Community State Bank, Poteau, Oklahoma
Aug 26, 2011 Released Sep 1, 2011	FRB	Whitaker Bank, Inc	Civil Money Penalty, $8,500: Whitaker Bank, Lexington, Kentucky
Aug 26, 2011 Released Sep 1, 2011	FRB	Bank of the Carolinas Corporation	Written Agreement: Bank of the Carolinas Corporation, Mocksville, North Carolina
Aug 25, 2011	OCC	Calusa National Bank	Formal Agreement: Calusa National Bank
Aug 24, 2011 Released Sep 1, 2011	FRB	(individual)	Written Agreement: Pacific Commerce Bank, Los Angeles, California
Aug 23, 2011 Released Aug 30, 2011	FRB	CB Holding Corp.	Written Agreement: CB Holding Corp., Aledo, Illinois
Aug 19, 2011 Released Aug 25, 2011	FRB	Flagship Financial Group, Inc.	Written Agreement: Flagship Financial Group, Inc., Eden Prairie, Minnesota
Aug 18, 2011	FRB	(individual)	Section 19 Letters: Wanda Florio
Aug 18, 2011	OCC	Union National Bank of Franklinville	Civil Money Penalty (CMP): The National Union Bank of Kinderhook

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