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
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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