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
Aug 20, 2011	Inez Deposit Bank, FSB	KY	Inez Deposit Bank
Aug 20, 2011	Queen City Federal Savings Bank	MN	Frandsen Bank & Trust
Aug 19, 2011	First Baird Bancshares of Delaware, Inc.	DE	First Baird Bancshares, Inc.
Aug 13, 2011	First National Bank	OK	Bear State Bank
Aug 6, 2011	First Western Bank & Trust	MN	First Western Bank and Trust
Aug 6, 2011	The Herndon National Bank	PA	LINKBANK
Aug 1, 2011	Greater Bay Bancorp	MN	Wells Fargo & Company
Aug 1, 2011	First Financial Investments of Delaware, Inc.	DE	First Financial Bankshares, Inc.
Aug 1, 2011	Placer Sierra Bancshares	MN	Wells Fargo & Company
Aug 1, 2011	Select Bank	NJ	Ocean City Home Bank
Aug 1, 2011	Community FirstBank of Charleston	SC	CresCom Bank
Aug 1, 2011	Century Bancshares, Inc.	MN	Wells Fargo & Company
Aug 1, 2011	The Farmers State Bank of Highland, Kansas	KS	Bendena State Bank
Aug 1, 2011	F.M.C. Employees Federal Credit Union	MS	Brightview Federal Credit Union
Aug 1, 2011	HF Employees Federal Credit Union	TX	Members Credit Union
Aug 1, 2011	Hacp/Ura Federal Credit Union	PA	Greater Pittsburgh Police Federal Credit Union
Aug 1, 2011	Salem Federal Credit Union	PA	Freedom Credit Union
Aug 1, 2011	Woods Credit Union	OK	Credit Union One of Oklahoma
Aug 1, 2011	Verno Credit Union	IA	Community Choice Credit Union
Aug 1, 2011	C a I Employees Credit Union	IL	Alero Financial Credit Union
Aug 1, 2011	Midwest Partners Federal Credit Union	SD	Voyage Federal Credit Union
Jul 31, 2011	School District 130 Employees Federal Credit Union	IL	Vicinity Credit Union
Jul 31, 2011	Goodyear Federal Credit Union	CA	Interstate Federal Credit Union
Jul 30, 2011	1st Choice Federal Credit Union	CA	The Police Credit Union of California
Jul 30, 2011	Bank of Parsons	KS	First Neodesha Bank
Jul 30, 2011	First National Bank of the North	MN	Northview Bank
Jul 29, 2011	Jefferson Bank	TX	First Bank & Trust
Jul 29, 2011	Bank of the Northwest	WA	AmericanWest Bank
Jul 29, 2011	Sunrise Bank	CA	AmericanWest Bank
Jul 29, 2011	Steinerfilm Employees Federal Credit Union	MA	Greylock Federal Credit Union
Jul 28, 2011	Salt Lake Regional Medical Center Employee's Federal Credit Union	UT	Health Care Credit Union
Jul 28, 2011	Sterling Bancshares, Inc.	TX	Comerica Incorporated
Jul 28, 2011	Sterling Bank	TX	Comerica Bank
Jul 23, 2011	The Exchange Bank of South Carolina, Inc.	SC	First Citizens Bank and Trust Company, Inc.
Jul 22, 2011	Baytree Lending Company Inc.	WI	Baytree National Bank & Trust Company
Jul 21, 2011	Capwest Mortgage Corporation	KS	Farmers Bank & Trust
Jul 21, 2011	Legacy Banks	MA	Berkshire Bank
Jul 21, 2011	Legacy Bancorp, Inc.	MA	Beacon Financial Corporation
Jul 20, 2011	Home State Mortgage Group, Inc.	IL	Home State BANK/N.A.
Jul 16, 2011	Citizens Bank of Spencer, Tenn.	TN	Citizens Tri-County Bank
Jul 16, 2011	Guaranty Savings Bank	LA	Home Bank, N.A.
Jul 16, 2011	Cornerstone Bank & Trust, National Association	IL	CNB Bank and Trust, N.A.
Jul 16, 2011	Citizens State Bank of Shipman	IL	CNB Bank and Trust, N.A.
Jul 16, 2011	Security State Bank	IA	Fidelity Bank & Trust
Jul 16, 2011	Palmer Bank	IL	CNB Bank and Trust, N.A.
Jul 16, 2011	Cascade State Corp.	IA	Fidelity Company
Jul 15, 2011	Morgan Stanley Trust N.A.	DE	Morgan Stanley Private Bank, N.A.
Jul 15, 2011	First Union Financial Investments, LLC	CA	Wells Fargo Bank, N.A.
Jul 15, 2011	Wes Holding Corporation	NC	Wells Fargo Bank, N.A.
Jul 12, 2011	FBC Financial Corporation	OK	BancFirst Corporation

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

Enforcement Actions in 2011

Action date	Agency	Institution	Action
Apr 13, 2011	FRB	JPMorgan Chase & Co.	Cease and Desist Order: JPMorgan Chase & Co., New York, New York and EMC …
Apr 13, 2011	FRB	(individual)	Cease and Desist Order: MERSCORP, Inc. and Mortgage ElectronicRegistration Systems, Inc., both of Reston, …
Apr 13, 2011	FRB	Metlife, Inc.	Cease and Desist Order: MetLife, Inc., New York, New York
Apr 12, 2011	OCC	Chino Commercial Bank, N.A.	Formal Agreement: Chino Commercial Bank, National Association
Apr 11, 2011	FRB	Libertyville Bank & Trust Company, N.A.	Section 19 Letters: Jennifer R. Dillard
Apr 11, 2011	FRB	Independent Bank Corporation	Section 19 Letters: Maggie E. Voss
Apr 11, 2011	OCC	Sovereign Reit Holdings, Inc.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Sovereign Bank
Apr 11, 2011	OCC_OTS	First Federal Savings Bank of Iowa	Orders of Removal/Prohibition: Matthew Petersen
Apr 7, 2011 Released Apr 12, 2011	FRB	Centerbank, Inc.	Written Agreement: CenterBank, Inc., Jacksonville, Florida
Apr 7, 2011	OCC	First National Bank Northwest Florida	Formal Agreement: First National Bank Northwest Florida
Apr 7, 2011	OCC_OTS	First Federal Bank Texas	Civil Money Penalty: First Federal Bank Texas
Apr 7, 2011 Released Apr 12, 2011	FRB	First Chicago Trust Company of Illinois	Prompt Corrective Action: First Chicago Bank & Trust, Chicago, Illinois
Apr 6, 2011	OCC	Omni National Bank	Prohibition/Removal Orders: Lawrence, Karim Walthour
Apr 5, 2011	OCC	Great Lakes Trust Company, N.A.	Formal Agreement: Great Lakes Bank, National Association
Apr 4, 2011	OCC	Bank of America, N.A.	Prohibition/Removal Orders: Riggs, Jennifer
Apr 4, 2011	OCC	Community State Bank, National Association	Prohibition/Removal Orders: Williams, Brian
Apr 4, 2011	OCC	Bank of America, N.A.	Prohibition/Removal Orders: Montano, Jesse
Apr 4, 2011	OCC	Tecumseh Federal Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Tecumseh Federal Bank
Apr 4, 2011	OCC	Western National Bank	Capital Directive: Western National Bank
Apr 4, 2011	OCC	Community State Bank, National Association	C&D or PC&D Requiring Restitution: Williams, Brian
Apr 4, 2011	OCC_OTS	Tecumseh Federal Bank	Cease and Desist: Tecumseh Federal Bank
Mar 31, 2011	OCC_OTS	Brooklyn Federal Savings Bank	Cease and Desist: Brooklyn Federal Savings Bank
Mar 31, 2011	OCC_OTS	BFS Bancorp, MHC	Cease and Desist: BFS Bancorp, MHC and Brooklyn Federal Bancorp, Inc.
Mar 31, 2011	OCC_OTS	Brooklyn Federal Savings Bank	Termination of Supervisory Agreement: Brooklyn Federal Savings Bank
Mar 31, 2011	OCC_OTS	Brooklyn Federal Bancorp, Inc.	Termination of Supervisory Agreement: BFS Bancorp, MNC; Brooklyn Federal Bancorp, Inc.
Mar 28, 2011	OCC	First National Bank in Mahnomen	Formal Agreement: First National Bank in Mahnomen
Mar 28, 2011 Released Mar 31, 2011	FRB	First Financial Holding Co., Ltd.	Written Agreement: First Financial Holding Co., Ltd. and First Commercial Bank, Ltd., both of …
Mar 25, 2011	OCC	Crossroads Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Crossroads Bank
Mar 25, 2011	OCC_OTS	Crossroads Bank	Cease and Desist: Crossroads Bank
Mar 24, 2011	OCC	First National Bank of Decatur County	Formal Agreement: First National Bank of Decatur County
Mar 24, 2011	OCC	Southwestern National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Southwestern National Bank
Mar 23, 2011	OCC	Pacific National Bank	Civil Money Penalty (CMP): Pacific National Bank
Mar 22, 2011	OCC	Mainline National Bank	Formal Agreement: Mainline National Bank
Mar 22, 2011	OCC_OTS	Midland Federal Savings and Loan Association	Civil Money Penalty: Jonas Vaznelis
Mar 22, 2011	OCC_OTS	Midland Federal Savings and Loan Association	Civil Money Penalty: Michael J. Kukanza
Mar 22, 2011	OCC_OTS	Midland Federal Savings and Loan Association	Civil Money Penalty: Richard Taylor
Mar 22, 2011	OCC	The First National Bank of Germantown	Formal Agreement: The First National Bank of Germantown
Mar 22, 2011	OCC_OTS	Saddle River Valley Bancorp	Orders of Removal/Prohibition: Thomas C. Haramis
Mar 22, 2011	OCC_OTS	Sovereign Bancorp, Inc.	Orders of Removal/Prohibition: Shavar Eugene Sizer
Mar 22, 2011	OCC_OTS	Midland Federal Savings and Loan Association	Civil Money Penalty: Charles Zogas
Mar 22, 2011	OCC	Conway Bank, National Association	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Conway Bank, National Association
Mar 18, 2011 Released Mar 22, 2011	FRB	Tidelands Bancshares, Inc.	Written Agreement: Tidelands Bancshares, Inc., Mount Pleasant, South Carolina
Mar 18, 2011 Released Mar 29, 2011	FRB	First American International Bank	Written Agreement: First American International Corporation, Brooklyn, New York
Mar 17, 2011	OCC	The First National Bank of Wyoming	Formal Agreement: The First National Bank of Wyoming
Mar 17, 2011 Released Mar 22, 2011	FRB	Northern States Financial Corporation	Written Agreement: Northern States Financial Corporation, Waukegan, Illinois
Mar 17, 2011	OCC	Eagle Valley Bank, National Association	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Eagle Valley Bank, National Association
Mar 16, 2011	OCC_OTS	Delanco Federal Savings Bank	Termination of Supervisory Agreement: Delanco Federal Savings Bank
Mar 16, 2011	FRB	Suntrust Bank	Section 19 Letters: Jacinda James
Mar 15, 2011	OCC	JPMorgan Chase Bank, N.A.	Prohibition/Removal Orders: Budd, Stacey L.
Mar 15, 2011	OCC	Southern First Bank	Prohibition/Removal Orders: Mackie, Collin D.

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