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
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
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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