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
Oct 1, 2011	First State Bank of Alexandria	MN	BlackRidgeBANK
Oct 1, 2011	Vanguard Community Credit Union	FL	Connect Credit Union
Oct 1, 2011	The Union Savings Bank	MO	Central Bank of Sedalia
Oct 1, 2011	Catholic Credit Union	WA	Solarity Credit Union
Oct 1, 2011	National Capital Federal Credit Union	MD	Market USA Federal Credit Union
Oct 1, 2011	Saint Vrain Valley Credit Union	CO	Elevations Credit Union
Oct 1, 2011	Haverhill Credit Union	MA	Align Credit Union
Oct 1, 2011	Lakewood Bank, National Association	MN	BlackRidgeBANK
Oct 1, 2011	Tesoro Employees Federal Credit Union	TX	Synergy Federal Credit Union
Oct 1, 2011	Brownberry Credit Union	WI	Landmark Credit Union
Oct 1, 2011	Bluebonnet Credit Union	TX	Texas Dow Employees Credit Union
Sep 30, 2011	CHH Credit Union	CT	Northwest Hills Credit Union
Sep 30, 2011	Elgin State Bancorp, Inc.	IL	Wintrust Financial Corporation
Sep 30, 2011	Sentry Federal Credit Union	PA	Franklin Mint Federal Credit Union
Sep 30, 2011	The Elgin State Bank	IL	St. Charles Bank & Trust Company, N.A.
Sep 30, 2011	Bradford Postal Cu	PA	Bradford Area Federal Credit Union
Sep 29, 2011	Gsi Avonmore Employees Federal Credit Union	PA	Usx Federal Credit Union
Sep 27, 2011	MT. Vernon Financial Holdings, Inc.	WV	Premier Financial Bancorp, Inc.
Sep 24, 2011	Ventura County Business Bank	CA	Royal Business Bank
Sep 24, 2011	State Bank & Trust Company	IA	State Bank
Sep 17, 2011	Berkshire Bancorp, Inc.	PA	Customers Bancorp, Inc
Sep 17, 2011	First Western Trust Bank	AZ	First Western Trust Bank
Sep 17, 2011	Berkshire Bank	PA	Customers Bank
Sep 8, 2011	GreenBank	TN	Capital Bank Corporation
Sep 8, 2011	Dremco Credit Union	TN	Ascend Federal Credit Union
Sep 4, 2011	Champlain Federal Credit Union	NY	Dannemora Federal Credit Union
Sep 1, 2011	Sofcu Community Credit Union	OR	First Community Credit Union
Sep 1, 2011	RBC Trust Company (NC) LLC	NC	Renasant Bank
Sep 1, 2011	First Union Title Corporation	GA	WFC Holdings, LLC
Sep 1, 2011	Watermark Credit Union	WA	Sound Credit Union
Sep 1, 2011	Motorists Insurance Employees Credit Union, Inc.	OH	Pathways Financial Credit Union, Inc.
Sep 1, 2011	Poc Federal Credit Union	FL	Pinellas Federal Credit Union
Sep 1, 2011	N W C S Federal Credit Union	IL	Alero Financial Credit Union
Sep 1, 2011	Premier Financial Credit Union	MI	American 1 Credit Union
Sep 1, 2011	Glen Ullin Credit Union	ND	Western Cooperative Credit Union
Sep 1, 2011	Chicago Heights Onized Federal Credit Union	IL	Great Lakes Credit Union
Sep 1, 2011	Saint Pauls Baptist Federal Credit Union	VA	Henrico Federal Credit Union
Sep 1, 2011	The Bank of McLouth	KS	The Union State Bank of Everest
Aug 31, 2011	St. Vincents Employees Federal Credit Union	NY	McGraw Hill Federal Credit Union
Aug 31, 2011	Orange Community Bancorp	CA	Grandpoint Capital, Inc.
Aug 31, 2011	Orange Community Bank	CA	Grandpoint Bank
Aug 31, 2011	Peoples Bancorp of Delaware, Inc.	DE	Peoples Bancorp, Inc.
Aug 31, 2011	Fountain Baptist Federal Credit Union	NJ	Affinity Federal Credit Union
Aug 31, 2011	W P S Credit Union	WI	Community First Credit Union
Aug 27, 2011	Canton State Bank	MN	First Southeast Bank
Aug 27, 2011	The Merchants & Farmers Bank	LA	United Mississippi Bank
Aug 24, 2011	Golden Security Bank	CA	First General Bank
Aug 23, 2011	Eagle Bank	TX	Round Top State Bank
Aug 20, 2011	Security State Bank	IA	Peoples State Bank
Aug 20, 2011	Community Thrift Holding Company	KY	Community Holding Company

The list holds 500 of the 547 mergers recorded for 2011.

Enforcement Actions in 2011

Action date	Agency	Institution	Action
May 19, 2011	OCC	Bank of America, N.A.	Prohibition/Removal Orders: Clark, Deborah
May 17, 2011	FRB	Regions Bank	Section 19 Letters: Sharon Butler Alexander
May 17, 2011	OCC_OTS	Ponce De Leon Mortgage Corporation	Orders of Removal/Prohibition: Lucy Cortes
May 16, 2011	OCC_OTS	Blue River Bancshares, Inc.	Cease and Desist: Blue River Bancshares, Inc.
May 16, 2011	OCC	Old Second National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Old Second National Bank
May 16, 2011	OCC_OTS	SCB Bank	Cease and Desist: SCB Bank
May 12, 2011	OCC	Lake City Federal Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Lake City Federal Bank
May 12, 2011	OCC_OTS	Lake City Federal Bank	Cease and Desist: Lake City Federal Bank
May 11, 2011	OCC	The First National Bank of Valentine	Notice of Charges: Medlock, Joanne
May 11, 2011	OCC	Peoples National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Peoples National Bank
May 11, 2011	OCC	SCB Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Scb Bank
May 11, 2011	OCC	The First National Bank of Valentine	Notice of Charges: Shephard, Donald
May 11, 2011	OCC	JPMorgan Chase Bank, N.A.	Prohibition/Removal Orders: Warden, Sarah N.
May 11, 2011	OCC_OTS	Metropolitan Bank & Trust Company	Termination of Cease and Desist: Robert M. Kaye
May 10, 2011	OCC	Vineyard Bank, N.A.	Civil Money Penalty (CMP): Morales, Norman A.
May 10, 2011 Released May 12, 2011	FRB	Mid-Wisconsin Financial Services, Inc.	Written Agreement: Mid-Wisconsin Financial Services, Inc., Medford, Wisconsin
May 10, 2011 Released May 12, 2011	FRB	(individual)	Written Agreement: Metropolitan Bank Group, Inc., Chicago, Illinois
May 10, 2011	OCC	Vineyard Bank, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Morales, Norman A.
May 10, 2011 Released May 12, 2011	FRB	Johnson Financial Group, Inc.	Written Agreement: Johnson Financial Group, Inc. and Johnson Bank, both of Racine, Wisconsin
May 9, 2011 Released May 12, 2011	FRB	HCSB Financial Corporation	Written Agreement: HCSB Financial Corporation, Loris, South Carolina
May 9, 2011 Released May 12, 2011	FRB	(individual)	Written Agreement: Liberty Shares, Inc., Hinesville, Georgia
May 5, 2011	OCC_OTS	First Trade Union Capital Trust I	Supervisory Agreement: First Trade Union Bank
May 3, 2011	OCC_OTS	First Federal Savings and Loan Bank	Civil Money Penalty: Carl R. Palmer
Apr 29, 2011 Released May 3, 2011	FRB	Calwest Bancorp	Written Agreement: Calwest Bancorp, Rancho Santa Margarita, California
Apr 28, 2011	OCC	Westfield Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Westfield Bank
Apr 28, 2011	OCC_OTS	Westfield Bank	Cease and Desist: Westfield Bank
Apr 27, 2011	OCC_OTS	Huntington Federal Savings Bank	Civil Money Penalty: Huntington Federal Savings Bank
Apr 26, 2011 Released Apr 28, 2011	FRB	The Leaders Group, Inc.	Written Agreement: The Leaders Group, Inc., Oak Brook, Illinois
Apr 25, 2011	OCC	Forrest City Bank, National Association	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Forrest City Bank, National Association
Apr 25, 2011 Released May 3, 2011	FRB	Regent Bancorp, Inc.	Written Agreement: Regent Bancorp, Inc., Davie, Florida
Apr 25, 2011	OCC	JPMorgan Chase Bank, N.A.	Prohibition/Removal Orders: Scherer, Nicole M.
Apr 25, 2011	OCC	The Baraboo National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Havel, David
Apr 22, 2011	OCC_OTS	Home Building and Loan Company	Cease and Desist: The Home Building and Loan Company
Apr 22, 2011	OCC	American Bank and Trust Company, N.A.	C&D or PC&D Requiring Restitution: Coin, Harry S.
Apr 22, 2011	OCC	American Bank and Trust Company, N.A.	Prohibition/Removal Orders: Coin, Harry S.
Apr 22, 2011	OCC	American Bank and Trust Company, N.A.	Civil Money Penalty (CMP): Coin, Harry S.
Apr 22, 2011	OCC_OTS	Hudson City Bancorp, Inc.	Civil Money Penalty: Hudson City Savings Bank
Apr 21, 2011	OCC_OTS	Coastal Bank	Prompt Corrective Action: Coastal Bank
Apr 21, 2011 Released Apr 26, 2011	FRB	Essex Bank	Written Agreement: Community Bankers Trust Corporation, Glen Allen, Virginia, and Essex Bank, Tappahannock, Virginia
Apr 20, 2011	OCC_OTS	Appalachian Community Bank	Civil Money Penalty: Charles A. Edmondson
Apr 20, 2011	OCC_OTS	Osage Bancshares, Inc.	Orders of Removal/Prohibition: Patricia L. Swearingin
Apr 20, 2011	OCC_OTS	Appalachian Community Bank	Civil Money Penalty: Roger E. Futch
Apr 20, 2011	OCC_OTS	Appalachian Community Bank	Civil Money Penalty: Kenneth D. Warren
Apr 20, 2011	OCC_OTS	Appalachian Community Bank	Civil Money Penalty: Joseph C. Hensley
Apr 20, 2011	OCC_OTS	Appalachian Community Bank	Civil Money Penalty: J. Ronald Knight
Apr 20, 2011	OCC_OTS	Appalachian Community Bank	Civil Money Penalty: Erik C. Brinke
Apr 20, 2011	OCC_OTS	Appalachian Community Bank	Civil Money Penalty: Alan S. Dover
Apr 20, 2011 Released May 3, 2011	FRB	First Financial Service Corporation	Written Agreement: First Financial Service Corporation, Elizabethtown, Kentucky
Apr 20, 2011 Released Apr 26, 2011	FRB	First Southern Bancorp	Written Agreement: First Southern Bancorp, Statesboro, Georgia
Apr 19, 2011	OCC_OTS	Appalachian Community Bank	Civil Money Penalty: Leland B. Rymer

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