Federal Deposit
Insurance Corporation

Press Releases

---

FDIC Makes Public September Enforcement Actions; No Administrative Hearings Scheduled for November 2010

FOR IMMEDIATE RELEASE October 29, 2010

Media Contact: LaJuan Williams-Young Office: (202) 898-3876 Email: lwilliams-young@fdic.gov

The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in September. No administrative hearings are scheduled.

The FDIC processed a total of 82 matters in September. These included 30 consent orders; 11 removal and prohibition orders; 26 civil money penalties; one cross guarantee liability; five prompt corrective action; one voluntary termination of insurance; one section 19 order; five orders terminating an order to cease and desist; and two notices of charges and of hearing.

Copies of the orders referred to above can be obtained from or inspected at the FDIC's Public Information Center, 3501 Fairfax Drive, Room E-1002, Arlington, VA (telephone 703-562-2200 or 1-877-275-3342). To view individual orders below, click the link for the PDF next to the order. To view all orders online, visit the FDIC's Web page at http://www.fdic.gov/bank/individual/enforcement/index.html. A list of orders made public today follows.

PDF Help

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. §1818(b)
(Consent Orders)

Bank of Alameda, Alameda, CA; FDIC-10-546b; Issued 9/17/10 - PDF         
Monterey County Bank, Monterey, CA; FDIC-09-081b; FDIC-10-221k; Issued 9/29/10 - PDF
Monterey County Bank, Monterey, CA; FDIC-10-633b; Issued 9/1/10 - PDF     
Charter Oak Bank, Napa, CA; FDIC-10-635b; Issued 9/2/10 - PDF   
Colorado Capital Bank, Castle Rock, CO; FDIC-10-514b; Issued 9/9/10 - PDF
County Bank, Rehoboth Beach, DE; FDIC-10-454b; Issued 9/20/10 - PDF  
Old Harbor Bank, Clearwater, FL; FDIC-10-463b; Issued 9/1/10 - PDF       
CNLBank, Orlando, FL; FDIC-10-493b; Issued 9/20/10 - PDF
The Elgin State Bank, Elgin, IL; FDIC-10-439b; Issued 9/9/10 - PDF
Princeville State Bank, Princeville, IL; FDIC-10-491b; Issued 9/16/10 - PDF
AmericaUnited Bank and Trust Company USA, Schaumburg, IL; FDIC-10-457b; Issued 9/24/10 - PDF   
Farmers State Bank of Sublette, Sublette, IL; FDIC-10-531b; Issued 9/16/10 - PDF
Premier Bank, Wilmette, IL; FDIC-10-233b; Issued 9/3/10 - PDF
Bloomfield State Bank, Bloomfield, IN; FDIC-10-497b; Issued 9/17/10 - PDF
Community Shores Bank, Muskegon, MI; FDIC-10-397b; Issued 9/2/10 - PDF
Village Bank, St. Francis, MN; FDIC-10-426b; Issued 9/10/10 - PDF
Minnwest Bank South, Tracy, MN; FDIC-10-509b; Issued 9/27/10 - PDF
Patriot Bank Minnesota, Wyoming, MN; FDIC-10-476b; Issued 9/29/10 - PDF
Lone Summit Bank, Lake Lotawana, MO; FDIC-10-574b; Issued 9/27/10 - PDF
First Security Bank of Nevada, Las Vegas, NV; FDIC-10-547b; Issued 9/1/10 - PDF      
Service 1st Bank of Nevada, Las Vegas, NV; FDIC-10-512b; Issued 9/1/10 - PDF      
Citizens State Bank - Midwest, Cavalier, ND; FDIC-10-550b; Issued 9/27/10 - PDF
Washington Financial Bank, Washington, PA; FDIC-10-506b; Issued 9/3/10 - PDF  
Insouth Bank, Brownsville, TN; FDIC-10-468b; Issued 9/30/10 - PDF  
Community State Bank, Austin, TX; FDIC-10-494b; Issued 9/9/10 - PDF  
Foundation Bank, Bellevue, WA; FDIC-10-058b; Issued 9/17/10 - PDF          
Bank of Fairfield, Fairfield, WA; FDIC-10-627b; Issued 9/28/10 - PDF        
First Savings Bank Northwest, Renton, WA; FDIC-10-524b; Issued 9/24/10 - PDF       
Westside Community Bank, University Place, WA; FDIC-10-450b; Issued 9/24/10 - PDF    
ISB Community Bank, Ixonia, WI; FDIC-10-344b; Issued 9/14/10 - PDF  

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C. § 1818(e)
(Removal and Prohibition Orders)

The Simsbury Bank & Trust Company, Simsbury, CT; FDIC-10-312e; against Janice L. Zdun;
Issued 9/23/10 - PDF

Banterra Bank, Marion, IL; FDIC-07-219e; against Kenneth E. Hayse; Issued 9/23/10 - PDF  

Branch Banking and Trust Company, Winston-Salem, NC; FDIC-10-359e; against Qiana Dantelle Ruffin; Issued 9/23/10 - PDF

North Akron Savings Bank, Akron, OH; FDIC-09-537e; against Patricia Lynn Davis-Boarman;
Issued 9/23/10 - PDF

The Bank of Magnolia Company, Magnolia, OH; FDIC-08-105e; against John D. Hreha;
Issued 9/23/10 - PDF  

The Bank of Magnolia Company, Magnolia, OH; FDIC-09-017e; against Carla M. Woods;
Issued 9/23/10 - PDF  

The Bank of Magnolia Company, Magnolia, OH; FDIC-09-018e; against Denise M. Conley;
Issued 9/23/10 - PDF  

Beneficial Mutual Savings Bank, Philadelphia, PA; FDIC-10-331e; against Marilyn Eldebeisi;
Issued 9/23/10 - PDF

Carolina First Bank, Greenville, SC; FDIC-10-419e; against Blair Witkowski; Issued 9/22/10 - PDF

International Bank of Commerce, Laredo, TX; FDIC-09-505e; against Jerald Brown;
Issued 9/23/10 - PDF

Chittenden Trust Company, Burlington, VT; FDIC-10-425e; against Kevin J. Thivierge;
Issued 9/23/10 - PDF

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. § 1818(i)
(Civil Money Penalties)

Monterey County Bank, Monterey, CA; FDIC-09-081b; FDIC-10-221k; Consent Order, Order for Restitution, and Order to Pay Civil Money Penalty in the amount of $500,000.00; Issued 9/29/10 - PDF

Valley Community Bank, Pleasanton, CA; FDIC-10-603k; in the amount of $875.00; Issued 9/23/10 - PDF

Pacific Valley Bank, Salinas, CA; FDIC-10-581k; in the amount of $3,740.00; Issued 9/2/10 - PDF
             
Surety Bank, Deland, FL; FDIC-10-542k; in the amount of $2,500.00; Issued 9/24/10 - PDF
                    
Banterra Bank, Marion, IL; FDIC-10-063k; against Kenneth E. Hayse in the amount of $25,000.00; Issued 9/23/10 - PDF  

The Peoples State Bank of Newton, Illinois; Newton, IL; FDIC-10-371k; in the amount of $1,540.00; Issued 9/8/10 - PDF  

Vermilion Valley Bank, Piper City, IL; FDIC-10-481k; in the amount of $1,950.00; Issued 9/8/10 - PDF  

Bank of The Bluegrass and Trust Company, Lexington, KY; FDIC-10-499k; in the amount of $2,500.00; Issued 9/22/10 - PDF  

United Bank & Trust Company, Versailles, KY; FDIC-10-388k; in the amount of $4,000.00; Issued 9/22/10 - PDF  

United Bank & Trust Company, Versailles, KY; FDIC-10-389k; in the amount of $4,800.00; Issued 9/22/10 - PDF  

Sicily Island State Bank, Sicily Island, LA; FDIC-10-566k; in the amount of $3,800.00; Issued 9/23/10 - PDF  

Middlesex Savings Bank, Natick, MA; FDIC-10-631k; in the amount of $3,940.00; Issued 9/9/10 - PDF  

The Bank of Holly Springs, Holly Springs, MS; FDIC-10-562k; in the amount of $4,000.00; Issued 9/23/10 - PDF  

The Citizens Savings Bank, Martins Ferry, OH; FDIC-10-338k; in the amount of $3,650.00;  Issued 9/2/10 - PDF  

Bank of Wichitas, Snyder, OK; FDIC-10-563k; in the amount of $4,000.00; Issued 9/23/10 - PDF

West Texas State Bank, Odessa, TX; FDIC-10-597k; in the amount of $7,500.00; Issued 9/2/10 - PDF  

Jefferson Bank, San Antonio, TX; FDIC-10-405k; in the amount of $10,000.00; Issued 9/15/10 - PDF  

State Bank of Southern Utah, Cedar City, UT; FDIC-10-599k; in the amount of $7,500.00; Issued 9/28/10 - PDF  

First Neighborhood Bank, Spencer, WV; FDIC-10-533k; in the amount of $4,750.00; Issued 9/17/10 - PDF                   
Union Bank of Blair, Blair, WI; FDIC-10-410k; in the amount of $2,600.00; Issued 9/9/10 - PDF

Farmers State Bank, Hillsboro, WI; FDIC-10-124k; in the amount of $3,600.00; Issued 9/1/10 - PDF  

The Park Bank, Madison, WI; FDIC-10-526k; in the amount of $1,650.00; Issued 9/9/10 - PDF

Investors Community Bank, Manitowoc, WI; FDIC-10-078k; in the amount of $4,650.00; Issued 9/22/10 - PDF

West Pointe Bank, Oshkosh, WI; FDIC-09-516k; in the amount of $5,005.00; Issued 9/9/10 - PDF

Marathon Savings Bank, Wausau, WI; FDIC-10-367k; in the amount of $5,500.00; Issued 9/21/10 - PDF

Marathon Savings Bank, Wausau, WI; FDIC-10-369k; in the amount of $4,180.00; Issued 9/21/10 - PDF  

FINAL ORDERS ISSUED PURSUANT TO SECTION 5(e), 12 U.S.C. § 1815(e)
(Cross Guarantee Liability)

Bank of San Francisco, San Francisco, CA; FDIC-10-696kk; Order Conditionally Granting Approval For Waiver of Cross Guarantee Liability; Issued 9/27/10 - PDF  

FINAL ORDERS ISSUED PURSUANT TO SECTION 38, 12 U.S.C. § 1831o
(Prompt Corrective Actions)

Charter Oak Bank, Napa, CA; FDIC-10-749PCAS; Issued 9/30/10 - PDF                 
First Vietnamese American Bank, Westminster, CA; FDIC-10-691PCAS; Issued 9/28/10 - PDF                    
FirsTier Bank, Louisville, CO; FDIC-10-224PCAS; Issued 4/21/10 - PDF   
Valley Community Bank, St. Charles, IL; FDIC-10-637PCAS; Issued 9/8/10 - PDF     
Nevada Commerce Bank, Las Vegas, NV; FDIC-10-688PCAS; Issued 9/14/10 - PDF   

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(q), 12 U.S.C. § 1818(q)
(Voluntary Terminations of Insurance)

ARCUS Bank, Salt Lake City, UT; FDIC-10-552q; Issued 9/16/10 - PDF

FINAL ORDERS ISSUED PURSUANT TO SECTION 19, 12 U.S.C. § 1829
(Section 19)

Alicia Mari Evans; FDIC-10-171L; Order Granting Permission to File Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 9/10/10 - PDF

TERMINATIONS

Orders Terminating Consent Orders and Cease and Desist Orders
Sunrise Bank of Atlanta, Atlanta, GA; FDIC-09-728b; Issued 9/3/10 - PDF
State Bank of Burnettsville, Burnettsville, IN; FDIC-09-534b; Issued 9/16/10 - PDF
The Citizens Bank of Weir, Kansas, Weir, KS (Now Known as Cbw Bank); FDIC-07-254b; Issued 9/29/10 - PDF
First Carolina State Bank, Rocky Mount, NC; FDIC-09-706b; Issued 9/21/10 - PDF
Sterling Savings Bank, Spokane, WA; FDIC-09-507b; Issued 9/27/10 - PDF

NOTICES ISSUED
(Note: A Notice is a proposal enforcement action and is not a final decision or order by the FDIC)

Notices of Charges and of Hearing
Pacific Rim Bank, Honolulu, HI; FDIC-10-471b; Issued 9/17/10 - PDF            
Community South Bank, Parsons, TN; FDIC-10-264b; Issued 9/10/10 - PDF  

# # #

Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 7,830 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). PR-238-2010