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
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
Jun 15, 2011	OCC_OTS	Home Building and Loan Company	Civil Money Penalty: George S. Pearce
Jun 15, 2011	OCC_OTS	Home Building and Loan Company	Civil Money Penalty: Peter D. Quance
Jun 15, 2011	OCC_OTS	Home Building and Loan Company	Civil Money Penalty: Sandra T. McNeil
Jun 15, 2011	OCC_OTS	Home Building and Loan Company	Civil Money Penalty: Steven D. Lewis
Jun 15, 2011	OCC_OTS	(individual)	Orders of Removal/Prohibition: Sean W. Ragland
Jun 15, 2011	FRB	First Missouri Bank and Trust Company of Creve Coeur	Section 19 Letters: Monica Lopez
Jun 15, 2011	OCC_OTS	Home Building and Loan Company	Civil Money Penalty: Dana E. Iseman
Jun 14, 2011	OCC	JPMorgan Chase Bank, N.A.	Civil Money Penalty (CMP): JPMorgan Chase Bank, National Association
Jun 14, 2011	FRB	(individual)	Section 19 Letters: Rachael L. Waller
Jun 10, 2011	OCC_OTS	(individual)	Termination of Cease and Desist: Chicago Title Insuance Company, as settlement agent for Allied …
Jun 10, 2011	OCC_OTS	Home Savings Bancorp	Amended Orders to Cease and Desist: Home Savings Bancorp
Jun 10, 2011	OCC_OTS	Home Savings of America	Amended Orders to Cease and Desist: Home Savings of America
Jun 9, 2011	OCC	First Place Financial Corp.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First Place Bank
Jun 9, 2011	OCC	Traders Bancshares Corporation	Formal Agreement: Traders National Bank
Jun 8, 2011	OCC_OTS	First Federal Savings and Loan Association of Central Illinois, S.B.	Orders of Removal/Prohibition: Brandy Davis
Jun 8, 2011	OCC_OTS	Reliance Bank, FSB	Cease and Desist: Reliance Bank, FSB
Jun 8, 2011	OCC_OTS	Geddes Federal Savings and Loan Association	Termination of Cease and Desist: Geddes Federal Savings & Loan Association
Jun 8, 2011	OCC	The First National Bank of Shelby	Formal Agreement: The First National Bank of Shelby
Jun 8, 2011	OCC	Reliance Bank, FSB	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Reliance Bank, FSB
Jun 7, 2011	OCC	The Conway National Bank	Formal Agreement: The Conway National Bank
Jun 7, 2011	OCC	Mission National Bank	Formal Agreement: Mission National Bank
Jun 7, 2011 Released Jun 14, 2011	FRB	Northwest Bancorporation of Illinois, Inc.	Written Agreement: Northwest Bancorporation of Illinois, Inc., Palatine, Illinois
Jun 6, 2011	FRB	Salin Bank and Trust Company	Section 19 Letters: Elisha C. Heim
Jun 3, 2011	OCC_OTS	WSB Holdings, Inc.	Supervisory Agreement: WSB Holdings, Inc.
Jun 3, 2011	FRB	First Missouri Bank and Trust Company of Creve Coeur	Section 19 Letters: Victoria P. Saenz
Jun 3, 2011	OCC_OTS	Broadway Financial Corporation	Civil Money Penalty: Paul J. Ryan
Jun 3, 2011	OCC_OTS	Broadway Financial Corporation	Orders of Removal/Prohibition: Paul J. Ryan
Jun 3, 2011	OCC_OTS	(individual)	Supervisory Agreement: The Washington Savings Bank, FSB
Jun 2, 2011	FRB	(individual)	Section 19 Letters: Ashley N. Jones
Jun 2, 2011	FRB	Marshall & Ilsley Corporation	Section 19 Letters: Thomas D. Gasser
Jun 1, 2011	OCC_OTS	Mutual Federal Savings Bank, a FSSB	Supervisory Agreement: Mutual FSB, a FSSB
Jun 1, 2011	OCC	Mutual Federal Savings Bank, a FSSB	Formal Agreement: Mutual FSB, A Fssb
May 31, 2011	FRB	Primelending, a PlainsCapital Company	Civil Money Penalty, $30,780 & $73,175: PlainsCapital Bank, and PrimeLending a PlainsCapital Company, Dallas, …
May 31, 2011	OCC	JPMorgan Chase Bank, N.A.	Prohibition/Removal Orders: Brandimarti, Belinda
May 31, 2011 Released Jun 2, 2011	FRB	F & M Holding Company, Inc.	Written Agreement: F & M Holding Company, Inc., Manchester, Georgia
May 27, 2011 Released Jun 7, 2011	FRB	Cornerstone Holding Company, Inc.	Written Agreement: Cornerstone Holding Company, Inc., Fargo, North Dakota
May 26, 2011	OCC_OTS	(individual)	Orders of Removal/Prohibition: Paul R. Allen
May 26, 2011	OCC_OTS	(individual)	Orders of Removal/Prohibition: Raymond Bowman
May 26, 2011	OCC_OTS	(individual)	Orders of Removal/Prohibition: Desiree Brown
May 26, 2011	OCC	Citizens National Bank of Texas	Formal Agreement: Citizens National Bank of Texas
May 25, 2011	OCC_OTS	Central Federal Bank	Cease and Desist: Central Federal Corporation
May 25, 2011	OCC_OTS	Cfbank N.A.	Cease and Desist: CFBank
May 25, 2011	OCC	Cfbank N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): CFBank
May 24, 2011 Released May 26, 2011	FRB	Four Oaks Fincorp, Inc.	Written Agreement: Four Oaks Fincorp, Inc. and Four Oaks Bank & Trust Company, both …
May 24, 2011 Released Jul 19, 2018	FRB	Community Banks of Georgia, Inc.	Written Agreement: Community Banks of Georgia, Inc., Jasper, Georgia
May 23, 2011 Released May 26, 2011	FRB	Community Financial Shares, Inc.	Written Agreement: Community Financial Shares, Inc., Glen Ellyn, Illinois
May 23, 2011	FRB	First Missouri Bank and Trust Company of Creve Coeur	Section 19 Letters: Anita C. Brackett
May 23, 2011 Released May 26, 2011	FRB	North Texas Bancshares, Inc.	Written Agreement: North Texas Bancshares, Inc., Dallas, Texas, and North Texas Bancshare of Delaware, …
May 20, 2011 Released May 24, 2011	FRB	BW Bancorp	Written Agreement: BW Bancorp, Ely, Minnesota
May 20, 2011 Released May 26, 2011	FRB	Provident Community Bancshares, Inc.	Written Agreement: Provident Community Bancshares, Inc., Rock Hill, South Carolina

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