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 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
Aug 18, 2011	OCC	Lydian Private Bank	Prompt Corrective Action (PCA) Directive: Lydian Private Bank
Aug 17, 2011 Released Aug 25, 2011	FRB	Texas Bancshares Inc	Written Agreement: Texas Bancshares, Inc., Snyder, Texas
Aug 16, 2011	FRB	Compass Bank	Section 19 Letters: Haley Patterson
Aug 16, 2011	FRB	Compass Bank	Section 19 Letters: Johnathan Goods
Aug 15, 2011	OCC	Beverly Bank & Trust Company, N.A.	Civil Money Penalty (CMP): O'Malley, Dennis
Aug 15, 2011	OCC	Colombo Bancshares, Inc.	Civil Money Penalty (CMP): Wilson, Pamellia G.
Aug 15, 2011	OCC	The La Coste National Bank	Prohibition/Removal Orders: Gwyn, Jody P.
Aug 15, 2011 Released Sep 1, 2011	FRB	Lindell Bank & Trust Company	Civil Money Penalty, $9,470: Lindell Bank and Trust Company, St. Louis, Missouri
Aug 15, 2011	OCC	Colombo Bancshares, Inc.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wilson, Pamellia G.
Aug 11, 2011	OCC	The First National Bank of Kemp	Formal Agreement: The First National Bank of Kemp
Aug 10, 2011 Released Aug 16, 2011	FRB	Coastal Bankshares, Inc.	Written Agreement: Coastal Bankshares, Inc., Savannah, Georgia
Aug 9, 2011	OCC	Skyline National Bank	Formal Agreement: Grayson National Bank
Aug 8, 2011 Released Aug 11, 2011	FRB	Bank of the Eastern Shore	Prompt Corrective Action: Bank of the Eastern Shore, Cambridge, Maryland,
Aug 8, 2011	OCC	PiBank, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Intercredit Bank, National Association
Aug 4, 2011 Released Aug 11, 2011	FRB	Texas Coastal Bank	Written Agreement: Texas Coastal Bank, Pasadena, Texas
Aug 3, 2011 Released Aug 9, 2011	FRB	Mesaba Bancshares, Inc.	Written Agreement: Mesaba Bancshares, Inc., Grand Rapids, Minnesota
Aug 3, 2011	FRB	Compass Bank	Section 19 Letters: Shon Prejean
Aug 3, 2011	FRB	Regions Bank	Section 19 Letters: Paul Kevin King
Aug 1, 2011	OCC	NBT Bank, N.A.	Prohibition/Removal Orders: Mathein, Laura
Jul 27, 2011 Released Aug 2, 2011	FRB	Suburban Illinois Bancorp, Inc.	Written Agreement: Suburban Illinois Bancorp, Inc., Elmhurst, Illinois
Jul 26, 2011 Released Jul 27, 2011	FRB	The Royal Bank of Scotland, N.V.	Cease and Desist Order: The Royal Bank of Scotland Group plc, Edinburgh, Scotland; The …
Jul 26, 2011 Released Sep 21, 2017	FRB	The First Bank of Baldwin	Written Agreement: The First Bank of Baldwin, Baldwin, Wisconsin
Jul 25, 2011 Released Jul 28, 2011	FRB	Naples Bancorp, Inc.	Written Agreement: Naples Bancorp, Inc., Naples, Florida
Jul 25, 2011 Released Jul 28, 2011	FRB	Plumas Bancorp	Written Agreement: Plumas Bancorp, Quincy, California
Jul 22, 2011 Released Jul 28, 2011	FRB	Old Second Bancorp, Inc.	Written Agreement: Old Second Bancorp, Inc., Aurora, Illinois
Jul 22, 2011 Released Jul 28, 2011	FRB	Bankwest Financial, Inc.	Written Agreement: BANKWEST Financial, Inc., Rockford, Minnesota
Jul 20, 2011	FRB	Wells Fargo & Company	Cease and Desist Order: Wells Fargo & Company, San Francisco, California and Wells Fargo …
Jul 20, 2011	FRB	(individual)	Civil Money Penalty,$85,000,000: Wells Fargo & Company, San Francisco, California Wells Fargo Financial, Inc., …
Jul 20, 2011	OCC	Fidelity Bank	Formal Agreement: Fidelity National Bank
Jul 18, 2011	OCC	Wells Fargo Bank, N.A.	Prohibition/Removal Orders: McCrea, Andrea
Jul 18, 2011	OCC_OTS	Frontier Bank	Amended Orders to Cease and Desist: Frontier Bank
Jul 18, 2011	OCC	Northern Trust, National Association	Prohibition/Removal Orders: Nieto, Silvia Angelico
Jul 18, 2011	OCC	Frontier Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Frontier Bank
Jul 15, 2011 Released Jul 21, 2011	FRB	West Pointe Bancshares, Inc.	Written Agreement: West Pointe Bancshares, Inc., Oshkosh, Wisconsin
Jul 15, 2011	OCC	MetaBank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Metabank
Jul 15, 2011	OCC_OTS	Columbia Savings and Loan Association	Cease and Desist: Columbia Savings and Loan Association
Jul 15, 2011	OCC_OTS	(individual)	Cease and Desist: Meta Financial Group, Inc.
Jul 15, 2011	OCC_OTS	MetaBank	Cease and Desist: MetaBank
Jul 15, 2011	OCC_OTS	MetaBank	Civil Money Penalty: MetaBank
Jul 14, 2011	OCC	Liberty Bank, F.S.B.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Liberty Bank, FSB
Jul 14, 2011 Released Aug 9, 2011	FRB	Reliance Bancshares, Inc.	Written Agreement: Reliance Bancshares, Inc., Des Peres, Missouri
Jul 14, 2011	OCC_OTS	Liberty Trust & Savings Bank	Cease and Desist: Liberty Bank, FSB
Jul 14, 2011	OCC_OTS	Liberty Banshares Iowa, Inc.	Cease and Desist: Liberty Banshares Iowa, Inc.
Jul 13, 2011	OCC_OTS	First Place Financial Corp.	Cease and Desist: First Place Bank
Jul 13, 2011	OCC_OTS	First Place Financial Corp.	Cease and Desist: First Place Financial Corp
Jul 13, 2011	OCC_OTS	State Farm Bank, FSB	Orders of Removal/Prohibition: Kortnie Thomas
Jul 12, 2011 Released Jul 19, 2011	FRB	Jones Bancshares, L.P.	Written Agreement: Jones Bancshares, L.P. and PrimeSouth Bancshares, Inc., both of Waycross, Georgia
Jul 11, 2011	OCC_OTS	Gibraltar Bank	Termination of Supervisory Agreement: Gibraltar Bank
Jul 7, 2011 Released Jul 12, 2011	FRB	Greer Bancshares Incorporated	Written Agreement: Greer Bancshares Incorporated, Greer, South Carolina
Jul 7, 2011 Released Jul 14, 2011	FRB	First Sentinel Bank	Civil Money Penalty, $7,315: First Sentinel Bank, Richlands, Virginia

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