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.

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
Dec 21, 2011	OCC	HSBC Bank USA, N.A.	Prohibition/Removal Orders: Dunn, Gideon
Dec 21, 2011	OCC	The First National Bank of Valentine	Prohibition/Removal Orders: Medlock, Joanne
Dec 21, 2011	OCC	Bank of America, N.A.	Prohibition/Removal Orders: Wagenknecht, Pamela K.
Dec 21, 2011	OCC	The First National Bank of Valentine	Civil Money Penalty (CMP): Medlock, Joanne
Dec 21, 2011 Released Aug 1, 2017	FRB	First St. Charles Bancshares, Inc.	Written Agreement: First St. Charles Bancshares, Inc., Boutte, Louisiana
Dec 20, 2011	OCC	Charter National Bank and Trust	Prompt Corrective Action (PCA) Directive: Charter National Bank and Trust
Dec 19, 2011	OCC	Lincoln Federal Savings Bank of Nebraska	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Lincoln FSB of Nebraska
Dec 16, 2011	OCC	Home Savings of America	Prompt Corrective Action (PCA) Directive: Home Savings of America
Dec 15, 2011	OCC	Edgewater Bank	Prohibition/Removal Orders: Joslyn, Teresa L.
Dec 15, 2011 Released Dec 22, 2011	FRB	The State Bank and Trust Company	Civil Money Penalty, $9,340: State Bank and Trust Company, Defiance, Ohio
Dec 14, 2011	OCC	Valley Capital Bank, N.A.	Prohibition/Removal Orders: Ortwine, Frank D.
Dec 14, 2011	OCC	Valley Capital Bank, N.A.	C&D or PC&D Requiring Restitution: Ortwine, Frank D.
Dec 13, 2011 Released Dec 22, 2011	FRB	Xenith Bank	Civil Money Penalty, $33,600: Bank of Hampton Roads, Norfolk, Virginia, successor by merger with …
Dec 9, 2011 Released Dec 12, 2011	FRB	(individual)	Prohibition from Banking: Tyrone Green,
Dec 8, 2011 Released Dec 13, 2011	FRB	Alliance Financial Services, Inc.	Written Agreement: Alliance Financial Services, Inc., Saint Paul, Minnesota
Dec 8, 2011	OCC	Wells Fargo Bank, N.A.	Formal Agreement: Wells Fargo Bank, National Association
Dec 8, 2011	OCC	Wells Fargo Bank, N.A.	Civil Money Penalty (CMP): Wells Fargo Bank, National Association
Dec 8, 2011	OCC	The Park National Bank	Civil Money Penalty (CMP): The Park National Bank
Dec 6, 2011	FRB	(individual)	Section 19 Letters: Julie Phillips
Dec 2, 2011 Released Dec 6, 2011	FRB	Waccamaw Bank	Prompt Corrective Action: Waccamaw Bank, Whiteville, North Carolina
Nov 28, 2011	OCC	The First National Bank of Grant Park	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The First National Bank of Grant …
Nov 22, 2011	OCC	Community State Bank, National Association	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Community State Bank, National Association
Nov 21, 2011 Released Nov 29, 2011	FRB	First State Bank of Dequeen	Civil Money Penalty, $4,235: First State Bank of DeQueen, DeQueen, Arkansas
Nov 18, 2011	OCC	Dupage National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Dupage National Bank
Nov 17, 2011 Released Dec 13, 2011	FRB	Patriot Holdings Nevada, Inc.	Written Agreement: Patriot Bancshares, Inc., Houston, Texas, and Patriot Holdings Nevada, Inc., Reno, Nevada
Nov 16, 2011	OCC	First Federal Savings and Loan Association of McMinnville	Formal Agreement: First FS & LA of McMinnville
Nov 16, 2011	FRB	(individual)	Prohibition from Banking: Bryan Posey
Nov 16, 2011	FRB	(individual)	Civil Money Penalty, $35,000: Bryan Posey
Nov 16, 2011 Released Nov 22, 2011	FRB	Mountain National Bancshares, Inc.	Written Agreement: Mountain National Bancshares, Inc., Sevierville, Tennessee
Nov 16, 2011 Released Nov 22, 2011	FRB	Tennessee Commerce Bancorp, Inc.	Written Agreement: Tennessee Commerce Bancorp, Inc., Franklin, Tennessee
Nov 14, 2011	OCC	First Federal Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First Federal Bank
Nov 14, 2011	OCC	Independence Bancshares, Inc.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Independence National Bank
Nov 10, 2011	OCC	Trustmark National Bank	Prohibition/Removal Orders: Walker, William O.
Nov 10, 2011	OCC	The First National Bank of Valentine	Prohibition/Removal Orders: Shephard, Donald
Nov 7, 2011 Released Nov 10, 2011	FRB	Orion Bank	Prohibition from Banking: Thomas B. Hebble
Nov 7, 2011 Released Nov 10, 2011	FRB	Orion Bank	Prohibition from Banking: Angel P. Guerzon, Jr.
Oct 31, 2011 Released Aug 14, 2018	FRB	Capital Funding Bancorp, Inc.	Cease and Desist Order: Capital Funding Bancorp, Inc. and CFG Community Bank, both of …
Oct 27, 2011	OCC	National Bank of California	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): National Bank of California
Oct 27, 2011	OCC	Mountain National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Mountain National Bank
Oct 27, 2011 Released Nov 1, 2011	FRB	Princeton National Bancorp, Inc.	Written Agreement: Princeton National Bancorp, Inc., Princeton, Illinois
Oct 26, 2011	OCC	First Niagara Bank, N.A.	Civil Money Penalty (CMP): First Niagara Bank, National Association
Oct 26, 2011	OCC	Wawel Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wawel Bank
Oct 26, 2011	OCC	Gateway Bank, F.S.B.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Gateway Bank, F.S.B.
Oct 25, 2011	OCC	Enterprise Bank National Association	Civil Money Penalty (CMP): Enterprise Bank, National Association
Oct 25, 2011	OCC	Grand Bancorp, Inc.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Grand Bank, National Association
Oct 25, 2011 Released Oct 27, 2011	FRB	Liberty Bancorp	Written Agreement: Liberty Bancorp and Liberty Bank, both of South San Francisco, California
Oct 21, 2011 Released Oct 27, 2011	FRB	Parkway Bancorp, Inc.	Written Agreement: Parkway Bancorp, Inc., Harwood Heights, Illinois
Oct 21, 2011 Released Oct 27, 2011	FRB	Fox River Valley Bancorp, Inc.	Written Agreement: Fox River Valley Bancorp, Inc., Appleton, Wisconsin
Oct 20, 2011	OCC	Heritage First Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Heritage First Bank
Oct 20, 2011	OCC	Universal Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Universal Bank

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