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
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
Mar 15, 2011	OCC	Southern First Bank	Civil Money Penalty (CMP): Mackie, Collin D.
Mar 14, 2011	FRB	Regions Bank	Section 19 Letters: Sadie Young Minor
Mar 11, 2011	OCC_OTS	(individual)	Orders of Removal/Prohibition: Sherlynn M. Groat
Mar 10, 2011	OCC_OTS	Pamrapo Bancorp, Inc.	Civil Money Penalty: William Campbell
Mar 10, 2011	OCC_OTS	American Express Bank, FSB	Orders of Removal/Prohibition: Crystal Green
Mar 10, 2011	OCC_OTS	Sovereign Bancorp, Inc.	Orders of Removal/Prohibition: Tianne Hunt
Mar 10, 2011	OCC_OTS	Mid-Southern Savings Bank, FSB	Orders of Removal/Prohibition: Tina Parsley
Mar 10, 2011	OCC_OTS	Pamrapo Bancorp, Inc.	Orders of Removal/Prohibition: William Campbell
Mar 9, 2011 Released Mar 15, 2011	FRB	Pembina County Bankshares, Ltd.	Written Agreement: Pembina County Bankshares, Ltd., Cavalier, North Dakota
Mar 9, 2011 Released Mar 15, 2011	FRB	Rurbanc Data Services, Inc.	Cease and Desist Order: Rurban Financial Corp. and Rurbanc Data Services, Inc., both of …
Mar 9, 2011	OCC	Bank of America, N.A.	Prohibition/Removal Orders: Suan, Maria C.
Mar 8, 2011 Released Mar 15, 2011	FRB	Tonganoxie Bankshares, Inc.	Written Agreement: Tonganoxie Bankshares, Inc., Tonganoxie, Kansas
Mar 8, 2011	OCC	The First National Bank of Polk County	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The First National Bank of Polk …
Mar 7, 2011	OCC_OTS	Frontier Bank, National Association	Cease and Desist: Frontier Bank, FSB
Mar 7, 2011	OCC_OTS	Western Community Bancshares Inc.	Cease and Desist: Western Community Bancshares, Inc.
Mar 7, 2011	OCC	Frontier Bank, FSB dba El Paseo Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Frontier Bank, FSB
Mar 4, 2011	OCC_OTS	Southfirst Bancshares, Inc.	Supervisory Agreement: Southfirst Bancshares, Inc.
Mar 4, 2011	OCC	Cadence Holdings, Inc.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Cadence Bank, National Association
Mar 4, 2011	OCC_OTS	Southfirst Bancshares, Inc.	Supervisory Agreement: SouthFirst Bank
Mar 3, 2011	OCC_OTS	Generations Bank	Termination of Cease and Desist: Generations Bank
Mar 3, 2011	OCC_OTS	Generations Bank	Cease and Desist: Generations Bank
Mar 3, 2011	OCC	The Federal Savings Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The Federal Savings Bank
Mar 3, 2011 Released Mar 8, 2011	FRB	Stark Bank Group, Ltd.	Written Agreement: Stark Bank Group, Ltd. and First American Bank, both of Fort Dodge, …
Mar 3, 2011	OCC_OTS	Eastern Federal Bank	Termination of Supervisory Agreement: Eastern Federal Bank
Mar 3, 2011	OCC_OTS	People's United Financial, Inc.	Orders of Removal/Prohibition: Mina Philippe
Mar 2, 2011	OCC_OTS	Colombo Bancshares, Inc.	Cease and Desist: Colombo Bank
Mar 2, 2011	OCC_OTS	Central Federal Savings and Loan Association	Civil Money Penalty: Greg L. Diaz
Mar 2, 2011	OCC	The First National Bank of Davis	Prompt Corrective Action (PCA) Directive: The First National Bank of Davis
Mar 2, 2011	OCC	Colombo Bancshares, Inc.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Colombo Bank
Mar 1, 2011	OCC_OTS	First Place Financial Corp.	Supervisory Agreement: First Place Financial Corp.
Mar 1, 2011	OCC	Reliance Bank, FSB	Prompt Corrective Action (PCA) Directive: Reliance Bank, FSB
Mar 1, 2011	OCC	Woodlands National Bank	Formal Agreement: Woodlands National Bank
Mar 1, 2011	OCC	First Place Financial Corp.	Formal Agreement: First Place Bank
Mar 1, 2011 Released Mar 8, 2011	FRB	Florida Bank Group, Inc.	Written Agreement: Florida Bank Group, Inc. and Florida Bank, both of Tampa, Florida
Mar 1, 2011 Released Mar 8, 2011	FRB	Rosholt Bancorporation, Inc.	Written Agreement: Rosholt Bancorporation, Inc., Rosholt, Wisconsin
Mar 1, 2011	OCC_OTS	First Place Financial Corp.	Supervisory Agreement: First Place Bank
Feb 28, 2011	OCC	Continental Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Continental Bank
Feb 28, 2011	OCC_OTS	Continental Bank	Cease and Desist: Continental Bank
Feb 28, 2011	OCC_OTS	Continental Bank Holdings, Inc.	Cease and Desist: Continental Bank Holdings, Inc.
Feb 28, 2011 Released Mar 8, 2011	FRB	Merchants Bancshares, Inc.	Written Agreement: Farmers and Merchants Bancshares, Inc., Burlington, Iowa
Feb 24, 2011	OCC_OTS	First Community Bank of America	Cease and Desist: First Community Bank Corporation of America
Feb 24, 2011	OCC_OTS	First Community Bank of America	Cease and Desist: First Community Bank of America
Feb 24, 2011 Released Mar 3, 2011	FRB	Outsource Holdings, Inc.	Written Agreement: Outsource Holdings, Inc., Lubbock, Texas
Feb 23, 2011	OCC_OTS	Bankatlantic	Cease and Desist: BankAtlantic
Feb 23, 2011	OCC	Independence Federal Savings Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Independence Federal Savings Bank
Feb 23, 2011	OCC_OTS	Bankatlantic Bancorp, Inc.	Cease and Desist: BankAtlantic Bancorp, Inc.
Feb 23, 2011	OCC_OTS	Independence Federal Savings Bank	Cease and Desist: Independence Federal Savings Bank
Feb 22, 2011	OCC_OTS	HMN Financial, Inc.	Supervisory Agreement: HMN Financial, Inc.
Feb 22, 2011	OCC	American National Bank & Trust	Formal Agreement: American National Bank
Feb 22, 2011	OCC	JPMorgan Chase Bank, N.A.	Civil Money Penalty (CMP): Moore, Matthew

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