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
May 16, 2011	Wilmington Trust Corporation	DE	Wilmington Trust Corporation
May 13, 2011	Texas First Bank	TX	Texas First Bank
May 7, 2011	Union National Community Bank	PA	Union Community Bank
May 7, 2011	Union National Financial Corporation the	PA	Donegal Financial Services Corp.
May 6, 2011	Wachovia Mortgage Corporation	NC	Wells Fargo Bank, N.A.
May 4, 2011	The First National Bank of Friend	NE	Citizens State Bank
May 2, 2011	Gea Federal Credit Union	LA	Neighbors Federal Credit Union
May 2, 2011	Public Library Employees Credit Union, Inc.	OH	Community United Credit Union
May 1, 2011	South Dekalb Church Federal Credit Union	GA	Peach State Federal Credit Union
May 1, 2011	Chase Home Finance LLC	NJ	JPMorgan Chase Bank, N.A.
May 1, 2011	Chase Home Finance Inc.	NJ	JPMorgan Chase Bank, N.A.
May 1, 2011	Capital One National Community Development Corporation	NY	Capital One, N.A.
May 1, 2011	Woodforest Bank	TX	Woodforest National Bank
May 1, 2011	Shores Area Credit Union	MI	Unity Credit Union
May 1, 2011	Elk Basin Federal Credit Union	WY	Pathfinder Federal Credit Union
May 1, 2011	Tulsa Metro Federal Credit Union	OK	Fraternal Order of Police Federal Credit Union
May 1, 2011	University Credit Union	MA	Metro Credit Union
May 1, 2011	Scottsbluff Federal Credit Union	NE	Sugar Valley Federal Credit Union
May 1, 2011	Alabama West Florida Methodist Federal Credit Union	AL	Faith Connection Federal Credit Union
May 1, 2011	The-Mac Federal Credit Union	WV	Pioneer Appalachia Federal Credit Union
May 1, 2011	State Employees Credit Union	GA	Georgia United Credit Union
Apr 30, 2011	Mount Hood Federal Credit Union	OR	Peak Credit Union
Apr 30, 2011	Sauk County Employees Credit Union	WI	Summit Credit Union
Apr 30, 2011	TIB Bank	FL	Capital Bank Corporation
Apr 30, 2011	Menasha Corporation Employees Credit Union	WI	Community First Credit Union
Apr 30, 2011	Cottrell Federal Credit Union	RI	Wave Federal Credit Union
Apr 25, 2011	City National Bancshares, Inc.	FL	Bci Financial Group, Inc.
Apr 22, 2011	Short Holding Company	KY	First Prestonsburg Bancshares, Inc.
Apr 22, 2011	Family Bank FSB	KY	The First Commonwealth Bank of Prestonsburg, Inc.
Apr 16, 2011	NewAlliance Bank	CT	First Niagara Bank, N.A.
Apr 16, 2011	Newalliance Bancshares, Inc.	CT	First Niagara Financial Group, Inc.
Apr 15, 2011	Ixe Grupo Financiero, S.A.B. De C.V.	—	Grupo Financiero Banorte, S.A.B. De C.V.
Apr 9, 2011	Traders Bank	WV	Premier Bank, Inc.
Apr 9, 2011	Fort Orange Financial Corp.	NY	Chemung Financial Corporation
Apr 9, 2011	First Central Bank, Inc.	WV	Premier Bank, Inc.
Apr 9, 2011	Capital Bank & Trust Company	NY	Chemung Canal Trust Company, N.A.
Apr 9, 2011	The Wilber Corporation	NY	Community Financial System, Inc.
Apr 9, 2011	First Security Bank - Lake Benton	MN	First Security Bank - Canby
Apr 9, 2011	Wilber National Bank	NY	Community Bank, N.A.
Apr 9, 2011	Adams National Bank	DC	Premier Bank, Inc.
Apr 9, 2011	Consolidated Bank and Trust Company	VA	Premier Bank, Inc.
Apr 8, 2011	North Tonawanda Community Federal Credit Union	NY	Greater Together Federal Credit Union
Apr 6, 2011	The Home Builders Association	OH	Southern Hills Community Bank
Apr 5, 2011	Mid-America Bancorp, Inc.	KS	Mercantile Bancorp, Inc.
Apr 1, 2011	Nantahala Bancshares, Inc.	NC	Nantahala Bank & Trust Company
Apr 1, 2011	Maryland Bankcorp, Inc.	MD	Old Line Bancshares, Inc.
Apr 1, 2011	Capital One Auto Finance, Inc.	TX	Capital One, N.A.
Apr 1, 2011	Rome Bancorp, Inc.	NY	Beacon Financial Corporation
Apr 1, 2011	Citizens Bankshares of Springhill, Inc.	LA	Bonvenu Bancorp, Inc.
Apr 1, 2011	West Haven Va Employees Federal Credit Union	CT	Greater West Haven Federal Credit Union

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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