Bank Failures in Brief – 2011
There were 92 bank failures in 2011. See detailed descriptions below.
Please select the buttons below for other years' information.
| Months | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank Failures | 11 | 12 | 3 | 13 | 5 | 4 | 13 | 7 | 6 | 11 | 5 | 2 |
| Total Assets (Millions) | 7,147.8 | 2,432.3 | 443.7 | 6,988.9 | 1,918.5 | 750.4 | 6,349.5 | 3,249.8 | 2,063.7 | 3,537.4 | 841.3 | 288.9 |
| Bank Name, City, ST | Press Release (PR) |
Closing Date | Approx. Asset (Millions) |
Approx. Deposit (Millions) |
Acquirer & Transaction |
|---|---|---|---|---|---|
| December | |||||
| Western National Bank, Phoenix, AZ | PR-195-2011 | December 16, 2011 | $162.9 | $144.5 | Washington Federal, Seattle, WA has agreed to assume all deposits excluding certain brokered deposits. |
| Premier Community Bank of the Emerald Coast, Crestview, FL | PR-194-2011 | December 16, 2011 | $126.0 | $112.1 | Summit Bank, National Association, Panama City, FL has agreed to assume all deposits. |
| NovemberBack to top | |||||
| Central Progressive Bank, Lacombe, LA | PR-181-2011 | November 18, 2011 | $383.1 | $347.7 | First NBC Bank, New Orleans, LA has agreed to assume all deposits. |
| Polk County Bank, Johnston, IA | PR-180-2011 | November 18, 2011 | $91.6 | $82.0 | Grinnell State Bank, Grinnell, IA has agreed to assume all deposits. |
| Community Bank of Rockmart, Rockmart, GA | PR-178-2011 | November 10, 2011 | $62.4 | $55.9 | Century Bank of Georgia, Cartersville, GA has agreed to assume all deposits excluding certain brokered deposits. |
| SunFirst Bank, Saint George, UT | PR-177-2011 | November 4, 2011 | $198.1 | $169.1 | Cache Valley Bank, Logan, UT has agreed to assume all deposits excluding certain brokered deposits. |
| Mid City Bank, Inc., Omaha, NE | PR-176-2011 | November 4, 2011 | $106.1 | $105.5 | Premier Bank (formerly Purdum State Bank), Purdum, NE has agreed to assume all deposits. |
| OctoberBack to top | |||||
| All American Bank, Des Plaines, IL | PR-174-2011 | October 28, 2011 | $37.8 | $33.4 | International Bank of Chicago, Chicago, IL has agreed to assume all deposits. |
| Community Banks of Colorado, Greenwood Village, CO | PR-172-2011 | October 21, 2011 | $1,380.0 | $1,330.0 | Bank Midwest, National Association, Kansas City, MO has agreed to assume all deposits excluding certain brokered deposits. |
| Community Capital Bank, Jonesboro, GA | PR-171-2011 | October 21, 2011 | $181.2 | $166.2 | State Bank and Trust Company, Macon, GA has agreed to assume all deposits. |
| Decatur First Bank, Decatur, GA | PR-170-2011 | October 21, 2011 | $191.5 | $179.2 | Fidelity Bank, Atlanta, GA has agreed to assume all deposits. |
| Old Harbor Bank, Clearwater, FL | PR-169-2011 | October 21, 2011 | $215.9 | $217.8 | 1st United Bank, Boca Raton, FL has agreed to assume all deposits. |
| Country Bank, Aledo, IL | PR-167-2011 | October 14, 2011 | $190.6 | $167.5 | Blackhawk Bank & Trust, Milan, IL has agreed to assume all deposits excluding certain brokered deposits. |
| First State Bank, Cranford, NJ | PR-166-2011 | October 14, 2011 | $204.4 | $201.2 | Northfield Bank, Staten Island, NY has agreed to assume all deposits. |
| Blue Ridge Savings Bank, Inc., Asheville, NC | PR-165-2011 | October 14, 2011 | $161.0 | $158.7 | Bank of North Carolina, Thomasville, NC has agreed to assume all deposits. |
| Piedmont Community Bank, Gray, GA | PR-164-2011 | October 14, 2011 | $201.7 | $181.4 | State Bank and Trust Company, Macon, GA has agreed to assume all deposits. |
| Sun Security Bank, Ellington, MO | PR-159-2011 | October 7, 2011 | $355.9 | $290.4 | Great Southern Bank, Springfield, MO has agreed to assume all deposits. |
| The RiverBank, Wyoming, MN | PR-158-2011 | October 7, 2011 | $417.4 | $379.3 | Central Bank, Stillwater, MN has agreed to assume all deposits. |
| SeptemberBack to top | |||||
| First International Bank, Plano, TX | PR-156-2011 | September 30, 2011 | $239.9 | $208.8 | American First National Bank, Houston, TX has agreed to assume all deposits. |
| Citizens Bank of Northern California, Nevada City, CA | PR-154-2011 | September 23, 2011 | $288.8 | $253.1 | Tri Counties Bank, Chico, CA has agreed to assume all deposits. |
| Bank of the Commonwealth, Norfolk, VA | PR-153-2011 | September 23, 2011 | $985.1 | $901.8 | Southern Bank and Trust Company, Mount Olive, NC has agreed to assume all deposits excluding certain brokered deposits. |
| The First National Bank Of Florida, Milton, FL | PR-149-2011 | September 9, 2011 | $296.8 | $280.1 | CharterBank, West Point, GA has agreed to assume all deposits. |
| CreekSide Bank, Woodstock, GA | PR-146-2011 | September 2, 2011 | $102.3 | $96.6 | Georgia Commerce Bank, Atlanta, GA has agreed to assume all deposits. |
| Patriot Bank of Georgia, Cumming, GA | PR-146-2011 | September 2, 2011 | $150.8 | $111.2 | Georgia Commerce Bank, Atlanta, GA has agreed to assume all deposits. |
| AugustBack to top | |||||
| First Choice Bank, Geneva, IL | PR-139-2011 | August 19, 2011 | $141.0 | $137.2 | Inland Bank & Trust, Oak Brook, IL has agreed to assume all deposits excluding certain brokered deposits. |
| First Southern National Bank, Statesboro, GA | PR-138-2011 | August 19, 2011 | $164.6 | $159.7 | Heritage Bank of the South, Albany, GA has agreed to assume all deposits excluding certain brokered deposits. |
| Lydian Private Bank, Palm Beach, FL | PR-137-2011 | August 19, 2011 | $1,700.0 | $1,240.0 | Sabadell United Bank, National Association, Miami, FL has agreed to assume all deposits. |
| Public Savings Bank, Huntingdon Valley, PA | PR-136-2011 | August 18, 2011 | $46.8 | $45.8 | Capital Bank, National Association, Rockville, MD has agreed to assume all deposits excluding certain brokered deposits. |
| The First National Bank of Olathe, Olathe, KS | PR-134-2011 | August 12, 2011 | $538.1 | $524.3 | Enterprise Bank & Trust, Clayton, MO has agreed to assume all deposits excluding certain brokered deposits. |
| Bank of Whitman, Colfax, WA | PR-132-2011 | August 5, 2011 | $548.6 | $515.7 | Columbia State Bank, Tacoma, WA has agreed to assume all deposits excluding certain brokered deposits. |
| Bank of Shorewood, Shorewood, IL | PR-131-2011 | August 5, 2011 | $110.7 | $104.0 | Heartland Bank and Trust Company, Bloomington, IL has agreed to assume all deposits. |
| JulyBack to top | |||||
| Integra Bank National Association, Evansville, IN | PR-128-2011 | July 29, 2011 | $2,200.0 | $1,900.0 | Old National Bank, Evansville, IN has agreed to assume all deposits excluding certain brokered deposits. |
| BankMeridian, National Association, Columbia, SC | PR-127-2011 | July 29, 2011 | $239.8 | $215.5 | SCBT, National Association, Orangeburg, SC has agreed to assume all deposits excluding certain brokered deposits. |
| Virginia Business Bank, Richmond, VA | PR-126-2011 | July 29, 2011 | $95.8 | $85.0 | Xenith Bank, Richmond, VA has agreed to assume all deposits. |
| Bank of Choice, Greeley, CO | PR-124-2011 | July 22, 2011 | $1,070.0 | $924.9 | Bank Midwest, National Association, Kansas City, MO has agreed to assume all deposits excluding certain brokered deposits. |
| LandMark Bank of Florida, Sarasota, FL | PR-123-2011 | July 22, 2011 | $275.0 | $246.7 | American Momentum Bank, Tampa, FL has agreed to assume all deposits. |
| Southshore Community Bank, Apollo Beach, FL | PR-123-2011 | July 22, 2011 | $46.3 | $45.3 | American Momentum Bank, Tampa, FL has agreed to assume all deposits. |
| Summit Bank, Prescott, AZ | PR-122-2011 | July 15, 2011 | $72.0 | $66.4 | The Foothills Bank, Yuma, AZ has agreed to assume all deposits. |
| First Peoples Bank, Port St. Lucie, FL | PR-121-2011 | July 15, 2011 | $228.3 | $209.7 | Premier American Bank, National Association, Miami, FL has agreed to assume all deposits excluding certain brokered deposits. |
| High Trust Bank, Stockbridge, GA | PR-120-2011 | July 15, 2011 | $192.5 | $189.5 | Ameris Bank, Moultrie, GA has agreed to assume all deposits. |
| One Georgia Bank, Atlanta, GA | PR-120-2011 | July 15, 2011 | $186.3 | $162.1 | Ameris Bank, Moultrie, GA has agreed to assume all deposits excluding certain brokered deposits. |
| Signature Bank, Windsor, CO | PR-119-2011 | July 8, 2011 | $66.7 | $64.5 | Points West Community Bank, Julesburg, CO has agreed to assume all deposits. |
| Colorado Capital Bank, Castle Rock, CO | PR-118-2011 | July 8, 2011 | $717.5 | $672.8 | First-Citizens Bank & Trust Company, Raleigh, NC has agreed to assume all deposits excluding certain brokered deposits. |
| First Chicago Bank & Trust, Chicago, IL | PR-117-2011 | July 8, 2011 | $959.3 | $887.5 | Northbrook Bank & Trust Company, Northbrook, IL has agreed to assume all deposits excluding certain brokered deposits. |
| JuneBack to top | |||||
| Mountain Heritage Bank, Clayton, GA | PR-110-2011 | June 24, 2011 | $103.7 | $89.6 | First American Bank and Trust Company, Athens, GA has agreed to assume all deposits excluding certain brokered deposits. |
| First Commercial Bank of Tampa Bay, Tampa, FL | PR-105-2011 | June 17, 2011 | $98.6 | $92.6 | Stonegate Bank, Fort Lauderdale, FL has agreed to assume all deposits excluding certain brokered deposits. |
| McIntosh State Bank, Jackson, GA | PR-104-2011 | June 17, 2011 | $339.9 | $324.4 | Hamilton State Bank, Hoschton, GA has agreed to assume all deposits. |
| Atlantic Bank and Trust, Charleston, SC | PR-100-2011 | June 3, 2011 | $208.2 | $191.6 | First Citizens Bank and Trust Company, Inc., Columbia, SC has agreed to assume all deposits. |
| MayBack to top | |||||
| First Heritage Bank, Snohomish, WA | PR-094-2011 | May 27, 2011 | $173.5 | $163.3 | Columbia State Bank, Tacoma, WA has agreed to assume all deposits. |
| Summit Bank, Burlington, WA | PR-090-2011 | May 20, 2011 | $142.7 | $131.6 | Columbia State Bank, Tacoma, WA has agreed to assume all deposits excluding certain brokered deposits. |
| First Georgia Banking Company, Franklin, GA | PR-089-2011 | May 20, 2011 | $731.0 | $702.2 | CertusBank, National Association, Easley, SC has agreed to assume all deposits excluding certain brokered deposits. |
| Atlantic Southern Bank, Macon, GA | PR-089-2011 | May 20, 2011 | $741.9 | $707.6 | CertusBank, National Association, Easley, SC has agreed to assume all deposits excluding certain brokered deposits. |
| Coastal Bank, Cocoa Beach, FL | PR-084-2011 | May 6, 2011 | $129.4 | $123.9 | Florida Community Bank, a division of Premier American Bank, National Association, Miami, FL has agreed to assume all deposits. |
| AprilBack to top | |||||
| Community Central Bank, Mount Clemens, MI | PR-080-2011 | April 29, 2011 | $476.3 | $385.4 | Talmer Bank & Trust, Troy, MI has agreed to assume all deposits excluding certain brokered deposits. |
| The Park Avenue Bank, Valdosta, GA | PR-079-2011 | April 29, 2011 | $953.3 | $827.7 | Bank of the Ozarks, Little Rock, AR has agreed to assume all deposits excluding certain brokered deposits. |
| First Choice Community Bank, Dallas, GA | PR-079-2011 | April 29, 2011 | $308.5 | $310.0 | Bank of the Ozarks, Little Rock, AR has agreed to assume all deposits excluding certain brokered deposits. |
| Cortez Community Bank, Brooksville, FL | PR-078-2011 | April 29, 2011 | $70.9 | $61.4 | Florida Community Bank, a division of Premier American Bank, National Association, Miami, FL has agreed to assume all deposits excluding certain brokered deposits. |
| First National Bank of Central Florida, Winter Park, FL | PR-078-2011 | April 29, 2011 | $352.0 | $312.1 | Florida Community Bank, a division of Premier American Bank, National Association, Miami, FL has agreed to assume all deposits excluding certain brokered deposits. |
| Heritage Banking Group, Carthage, MS | PR-075-2011 | April 15, 2011 | $224.0 | $196.2 | Trustmark National Bank, Jackson, MS has agreed to assume all deposits. |
| Rosemount National Bank, Rosemount, MN | PR-074-2011 | April 15, 2011 | $37.6 | $36.6 | Central Bank, Stillwater, MN has agreed to assume all deposits. |
| Superior Bank, Birmingham, AL | PR-073-2011 | April 15, 2011 | $3,000.0 | $2,700.0 | Superior Bank, National Association, Birmingham, AL has agreed to assume all deposits excluding certain brokered deposits. |
| Nexity Bank, Birmingham, AL | PR-072-2011 | April 15, 2011 | $793.7 | $637.8 | AloStar Bank of Commerce, Birmingham, AL has agreed to assume all deposits excluding certain brokered deposits. |
| New Horizons Bank, East Ellijay, GA | PR-071-2011 | April 15, 2011 | $110.7 | $106.1 | Citizens South Bank, Gastonia, NC has agreed to assume all deposits excluding certain brokered deposits. |
| Bartow County Bank, Cartersville, GA | PR-070-2011 | April 15, 2011 | $330.2 | $304.1 | Hamilton State Bank, Hoschton, GA has agreed to assume all deposits. |
| Nevada Commerce Bank, Las Vegas, NV | PR-065-2011 | April 8, 2011 | $144.9 | $136.4 | City National Bank, Los Angeles, CA has agreed to assume all deposits excluding certain brokered deposits. |
| Western Springs National Bank and Trust, Western Springs, IL | PR-064-2011 | April 8, 2011 | $186.8 | $181.9 | Heartland Bank and Trust Company, Bloomington, IL has agreed to assume all deposits. |
| MarchBack to top | |||||
| The Bank of Commerce, Wood Dale, IL | PR-058-2011 | March 25, 2011 | $163.1 | $161.4 | Advantage National Bank Group, Elk Grove Village, IL has agreed to assume all deposits. |
| Legacy Bank, Milwaukee, WI | PR-055-2011 | March 11, 2011 | $190.4 | $183.3 | Seaway Bank and Trust Company, Chicago, IL has agreed to assume all deposits excluding certain brokered deposits. |
| The First National Bank of Davis, Davis, OK | PR-054-2011 | March 11, 2011 | $90.2 | $68.3 | The Pauls Valley National Bank, Pauls Valley, OK has agreed to assume all deposits excluding certain brokered deposits. |
| FebruaryBack to top | |||||
| Valley Community Bank, St. Charles, IL | PR-048-2011 | February 25, 2011 | $123.8 | $124.2 | First State Bank, Mendota, IL has agreed to assume all deposits excluding certain brokered deposits. |
| San Luis Trust Bank, FSB, San Luis Obispo, CA | PR-041-2011 | February 18, 2011 | $332.6 | $272.2 | First California Bank, Westlake Village, CA has agreed to assume all deposits excluding certain brokered deposits. |
| Charter Oak Bank, Napa, CA | PR-040-2011 | February 18, 2011 | $120.8 | $105.3 | Bank of Marin, Novato, CA has agreed to assume all deposits excluding certain brokered deposits. |
| Citizens Bank of Effingham, Springfield, GA | PR-039-2011 | February 18, 2011 | $214.3 | $206.5 | Heritage Bank of the South, Albany, GA has agreed to assume all deposits excluding certain brokered deposits. |
| Habersham Bank, Clarkesville, GA | PR-038-2011 | February 18, 2011 | $387.6 | $339.9 | SCBT National Association, Orangeburg, SC has agreed to assume all deposits. |
| Canyon National Bank, Palm Springs, CA | PR-035-2011 | February 11, 2011 | $210.9 | $205.3 | Pacific Premier Bank, Costa Mesa, CA has agreed to assume all deposits excluding certain brokered deposits. |
| Badger State Bank, Cassville, WI | PR-034-2011 | February 11, 2011 | $83.8 | $78.5 | Royal Bank, Elroy, WI has agreed to assume all deposits excluding certain brokered deposits. |
| Peoples State Bank, Hamtramck, MI | PR-033-2011 | February 11, 2011 | $390.5 | $389.9 | First Michigan Bank, Troy, MI has agreed to assume all deposits. |
| Sunshine State Community Bank, Port Orange, FL | PR-032-2011 | February 11, 2011 | $125.5 | $116.7 | Premier American Bank, National Association, Miami, FL has agreed to assume all deposits. |
| Community First Bank - Chicago, Chicago, IL | PR-025-2011 | February 4, 2011 | $51.1 | $49.5 | Northbrook Bank & Trust Company, Northbrook, IL has agreed to assume all deposits. |
| North Georgia Bank, Watkinsville, GA | PR-024-2011 | February 4, 2011 | $153.2 | $139.7 | BankSouth, Greensboro, GA has agreed to assume all deposits excluding certain brokered deposits. |
| American Trust Bank, Roswell, GA | PR-023-2011 | February 4, 2011 | $238.2 | $222.2 | Renasant Bank, Tupelo, MS has agreed to assume all deposits. |
| JanuaryBack to top | |||||
| First Community Bank, Taos, NM | PR-018-2011 | January 28, 2011 | $2,310.0 | $1,940.0 | U.S. Bank, National Association, Minneapolis, MN has agreed to assume all deposits excluding certain brokered deposits. |
| FirsTier Bank, Louisville, CO | PR-017-2011 | January 28, 2011 | $781.5 | $722.8 | To protect the insured depositors, the FDIC created Deposit Insurance National Bank of Louisville - a new depository institution chartered by the Office of Thrift Supervision (OTS), which will remain open until February 28, 2011. |
| Evergreen State Bank, Stoughton, WI | PR-016-2011 | January 28, 2011 | $246.5 | $195.2 | McFarland State Bank, McFarland, WI has agreed to assume all deposits excluding certain brokered deposits. |
| The First State Bank, Camargo, OK | PR-015-2011 | January 28, 2011 | $43.5 | $40.3 | Bank 7, Oklahoma City, OK has agreed to assume all deposits excluding certain brokered deposits. |
| United Western Bank, Denver, CO | PR-013-2011 | January 21, 2011 | $2,050.0 | $1,650.0 | First-Citizens Bank & Trust Co., Raleigh, NC has agreed to assume all deposits. |
| The Bank of Asheville, Asheville, NC | PR-012-2011 | January 21, 2011 | $195.1 | $188.3 | First Bank, Troy, NC has agreed to assume all deposits. |
| CommunitySouth Bank and Trust, Easley, SC | PR-011-2011 | January 21, 2011 | $440.6 | $402.4 | CertusBank, National Association, Charlotte, NC has agreed to assume all deposits excluding certain brokered deposits. |
| Enterprise Banking Company, McDonough, GA | PR-010-2011 | January 21, 2011 | $100.9 | $95.5 | To protect the insured depositors, the FDIC created Deposit Insurance National Bank of McDonough - a new depository institution chartered by the Office of Thrift Supervision (OTS), which will remain open until January 28, 2011. |
| Oglethorpe Bank, Brunswick, GA | PR-006-2011 | January 14, 2011 | $230.6 | $212.7 | Bank of the Ozarks, Little Rock, AR has agreed to assume all deposits excluding certain brokered deposits. |
| Legacy Bank, Scottsdale, AZ | PR-003-2011 | January 7, 2011 | $150.6 | $125.9 | Enterprise Bank & Trust, Clayton, MO has agreed to assume all deposits. |
| First Commercial Bank of Florida, Orlando, FL | PR-002-2011 | January 7, 2011 | $598.5 | $529.6 | First Southern Bank, Boca Raton, FL has agreed to assume all deposits excluding certain brokered deposits. |