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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
Apr 18, 2011 OCC Atlantic National Corporation Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Atlantic National Bank
Apr 18, 2011 OCC Hopkins Bancorp, Inc. Formal Agreement: Hopkins Federal Savings Bank
Apr 18, 2011 OCC_OTS Hopkins Bancorp, Inc. Supervisory Agreement: Hopkins Bancorp, Inc.
Apr 18, 2011 OCC_OTS Hopkins Bancorp, Inc. Supervisory Agreement: Hopkins Federal Savings Bank
Apr 18, 2011
Released Apr 21, 2011		 FRB Premier Bancorp, Inc. Written Agreement: Premier Bancorp, Inc., Wilmette, Illinois
Apr 18, 2011
Released Apr 21, 2011		 FRB Syringa Bancorp Written Agreement: Syringa Bancorp, Boise, Idaho
Apr 15, 2011 FRB Banco Industrial De Venezuela, C.A. Cease and Desist Order: Banco Industrial de Venezuela, C.A., Caracas, Venezuela, Banco Industrial de …
Apr 15, 2011 FRB (individual) Civil Money Penalty, $600,000: BANCO INDUSTRIAL DE VENEZUELA, C. A. Caracas, Venezuela BANCO INDUSTRIAL …
Apr 14, 2011 OCC_OTS Superior Bank Orders of Removal/Prohibition: Phillip A. Owen
Apr 14, 2011 OCC Pacific National Bank Civil Money Penalty (CMP): Gross, Eduardo
Apr 14, 2011 OCC Pacific National Bank Civil Money Penalty (CMP): Fernandez, Ralph
Apr 14, 2011 OCC Heartland Bancshares, Inc. Formal Agreement: Heartland National Bank
Apr 14, 2011 OCC Pacific National Bank Civil Money Penalty (CMP): Urquiola, Joaquin
Apr 14, 2011 OCC Pacific National Bank Civil Money Penalty (CMP): Baloyra, Jose
Apr 14, 2011 OCC Pacific National Bank Civil Money Penalty (CMP): Baquerizo, Andres
Apr 14, 2011 OCC_OTS Malvern Federal Savings Bank Orders of Removal/Prohibition: Carol B. Weir
Apr 13, 2011 FRB Lender Processing Services Cease and Desist Order: Lender Processing Services, Inc., Jacksonville, Florida; DocX, LLC, Alpharetta, Georgia; …
Apr 13, 2011 OCC U.S. Bank N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): U.S. Bank National Association
Apr 13, 2011 OCC PNC Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): PNC Bank, National Association
Apr 13, 2011 OCC U.S. Bank N.A. ND Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): U.S. Bank National Association ND
Apr 13, 2011 OCC Wells Fargo Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wells Fargo Bank, National Association
Apr 13, 2011 OCC (individual) Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): LPS Default Solutions, Inc.
Apr 13, 2011 FRB Ally Financial Inc. Cease and Desist Order: Ally Financial Inc., Detroit, Michigan; Ally Bank, Midvale, Utah; Residential …
Apr 13, 2011 OCC Lender Processing Services Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Lender Processing Services, Inc.
Apr 13, 2011 OCC (individual) Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): MERSCORP, Inc.
Apr 13, 2011 OCC JPMorgan Chase Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): JPMorgan Chase Bank, National Association
Apr 13, 2011 OCC Metlife Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Metlife Bank, National Association
Apr 13, 2011 OCC (individual) Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Mortgage Electronic Registration Systems, Inc.
Apr 13, 2011 FRB Suntrust Mortgage, Inc. Cease and Desist Order: SunTrust Banks, Inc., Atlanta, Georgia SunTrust Bank, Atlanta, Georgia and …
Apr 13, 2011 FRB The PNC Financial Services Group, Inc. Cease and Desist Order: The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania
Apr 13, 2011 FRB (individual) Cease and Desist Order: U.S. Bancorp, Minneapolis, Minnesota
Apr 13, 2011 FRB Wells Fargo & Company Cease and Desist Order: Wells Fargo & Company, San Francisco, California
Apr 13, 2011
Released Apr 19, 2011		 FRB TransPecos Banks Written Agreement: TransPecos Financial Corp., San Antonio, Texas, and TransPecos Banks, Pecos, Texas
Apr 13, 2011 OCC HSBC Bank USA, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): HSBC Bank USA, National Association
Apr 13, 2011 OCC EverBank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Everbank
Apr 13, 2011 OCC (individual) Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): DocX, LLC
Apr 13, 2011 OCC Citibank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Citibank, National Association
Apr 13, 2011 OCC Bank of America, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bank of America, National Association
Apr 13, 2011 OCC Aurora Bank FSB Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Aurora Bank FSB
Apr 13, 2011 OCC_OTS Sovereign Bancorp, Inc. Cease and Desist: Sovereign Bank
Apr 13, 2011 OCC_OTS OneWest Bank, National Association Cease and Desist: OneWest Bank, FSB
Apr 13, 2011 OCC_OTS (individual) Cease and Desist: MERSCORP, Inc., and the Mortgage Electronic Registration Systems, Inc.
Apr 13, 2011 OCC_OTS Lender Processing Services Cease and Desist: Lender Processing Services, Inc; DocX, LLC; LPS Default Solutions, Inc.
Apr 13, 2011 OCC_OTS Imb Holdco LLC Cease and Desist: IMB HoldCo LLC
Apr 13, 2011 OCC_OTS EverBank Financial Corp Cease and Desist: EverBank Financial Corp.
Apr 13, 2011 OCC_OTS EverBank, N.A. Cease and Desist: EverBank
Apr 13, 2011 OCC_OTS Green Aurora Trust Cease and Desist: Aurora Bank FSB
Apr 13, 2011 FRB Bank of America Corporation Cease and Desist Order: Bank of America Corporation, Charlotte, North Carolina
Apr 13, 2011 FRB Citigroup Inc. Cease and Desist Order: Citigroup Inc., New York, New York and CitiFinancial Credit Company, …
Apr 13, 2011 FRB HSBC North America Holdings Inc. Cease and Desist Order: HSBC North America Holdings, Inc., New York, New York and …

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