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Bank Failures

2011 in Brief

There were 92 bank failures in 2011. See detailed descriptions below.

For more bank failure information on a specific year, select a date from the drop down menu to the right or select a month within the graph.

2011 Summary by Month

(Approximate asset dollar volume based on figures from the press releases)

Months	Dec	Dec	Nov	Nov	Nov	Nov	Nov	Oct	Oct	Oct	Oct	Oct	Oct	Oct	Oct	Oct	Oct	Oct	Sep	Sep	Sep	Sep	Sep	Sep	Aug	Aug	Aug	Aug	Aug	Aug	Aug	Jul	Jul	Jul	Jul	Jul	Jul	Jul	Jul	Jul	Jul	Jul	Jul	Jul	Jun	Jun	Jun	Jun	May	May	May	May	May	Apr	Apr	Apr	Apr	Apr	Apr	Apr	Apr	Apr	Apr	Apr	Apr	Apr	Mar	Mar	Mar	Feb	Feb	Feb	Feb	Feb	Feb	Feb	Feb	Feb	Feb	Feb	Feb	Jan	Jan	Jan	Jan	Jan	Jan	Jan	Jan	Jan	Jan	Jan
Bank Failures	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Approx. Asset (Millions)	162.90	126.00	91.60	383.10	62.40	198.10	106.10	37.80	215.90	191.50	181.20	1380.00	201.70	204.40	190.60	161.00	355.90	417.40	239.90	288.80	985.10	296.80	150.80	102.30	1700.00	164.60	141.00	46.80	538.10	548.60	110.70	95.80	2200.00	239.80	46.30	275.00	1070.00	72.00	186.30	192.50	228.30	66.70	959.30	717.50	103.70	339.90	98.60	208.20	173.50	142.70	731.00	741.90	129.40	953.30	352.00	308.50	70.90	476.30	3000.00	37.60	793.70	110.70	224.00	330.20	186.80	144.90	163.10	90.20	190.40	123.80	332.60	387.60	214.30	120.80	125.50	390.50	210.90	83.80	153.20	51.10	238.20	43.50	781.50	2310.00	246.50	2050.00	195.10	100.90	440.60	230.60	150.60	598.50

December Back to Top
Bank Name	Press Release	Closing Date	Approx. Asset (Millions)	Approx. Deposit (Millions)	Acquirer & Transaction
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.

November Back to Top
Bank Name	Press Release	Closing Date	Approx. Asset (Millions)	Approx. Deposit (Millions)	Acquirer & Transaction
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.
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.
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.

October Back to Top
Bank Name	Press Release	Closing Date	Approx. Asset (Millions)	Approx. Deposit (Millions)	Acquirer & Transaction
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.

September Back to Top
Bank Name	Press Release	Closing Date	Approx. Asset (Millions)	Approx. Deposit (Millions)	Acquirer & Transaction
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.
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.
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.

August Back to Top
Bank Name	Press Release	Closing Date	Approx. Asset (Millions)	Approx. Deposit (Millions)	Acquirer & Transaction
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.
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.
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.
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.

July Back to Top
Bank Name	Press Release	Closing Date	Approx. Asset (Millions)	Approx. Deposit (Millions)	Acquirer & Transaction
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.
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, N.A., 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.

June Back to Top
Bank Name	Press Release	Closing Date	Approx. Asset (Millions)	Approx. Deposit (Millions)	Acquirer & Transaction
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.
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.
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.
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.

May Back to Top
Bank Name	Press Release	Closing Date	Approx. Asset (Millions)	Approx. Deposit (Millions)	Acquirer & Transaction
First Heritage Bank, Snohomish, WA	PR-94-2011	May 27, 2011	$173.5	$163.3	Columbia State Bank, Tacoma, WA has agreed to assume all deposits.
Summit Bank, Burlington, WA	PR-90-2011	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-89-2011	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-89-2011	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-84-2011	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.

April Back to Top
Bank Name	Press Release	Closing Date	Approx. Asset (Millions)	Approx. Deposit (Millions)	Acquirer & Transaction
The Park Avenue Bank, Valdosta, GA	PR-79-2011	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 National Bank of Central Florida, Winter Park, FL	PR-78-2011	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.
First Choice Community Bank, Dallas, GA	PR-79-2011	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-78-2011	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.
Community Central Bank, Mount Clemens, MI	PR-80-2011	April 29, 2011	$476.3	$385.4	Talmer Bank & Trust, Troy, MI has agreed to assume all deposits excluding certain brokered deposits.
Superior Bank, Birmingham, AL	PR-73-2011	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.
Rosemount National Bank, Rosemount, MN	PR-74-2011	April 15, 2011	$37.6	$36.6	Central Bank, Stillwater, MN has agreed to assume all deposits.
Nexity Bank, Birmingham, AL	PR-72-2011	April 15, 2011	$793.7	$637.8	All-star Bank of Commerce, Birmingham, AL has agreed to assume all deposits excluding certain brokered deposits.
New Horizons Bank, East Ellijay, GA	PR-71-2011	April 15, 2011	$110.7	$106.1	Citizens South Bank, Gastonia, NC has agreed to assume all deposits excluding certain brokered deposits.
Heritage Banking Group, Carthage, MS	PR-75-2011	April 15, 2011	$224.0	$196.2	Trustmark National Bank, Jackson, MS has agreed to assume all deposits.
Bartow County Bank, Cartersville, GA	PR-70-2011	April 15, 2011	$330.2	$304.1	Hamilton State Bank, Hoschton, GA has agreed to assume all deposits.
Western Springs National Bank and Trust, Western Springs, IL	PR-64-2011	April 8, 2011	$186.8	$181.9	Heartland Bank and Trust Company, Bloomington, IL has agreed to assume all deposits.
Nevada Commerce Bank, Las Vegas, NV	PR-65-2011	April 8, 2011	$144.9	$136.4	City National Bank, Los Angeles, CA has agreed to assume all deposits excluding certain brokered deposits.

March Back to Top
Bank Name	Press Release	Closing Date	Approx. Asset (Millions)	Approx. Deposit (Millions)	Acquirer & Transaction
The Bank of Commerce, Wood Dale, IL	PR-58-2011	March 25, 2011	$163.1	$161.4	Advantage National Bank Group, Elk Grove Village, IL has agreed to assume all deposits.
First National Bank of Davis, Davis, OK	PR-54-2011	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.
Legacy Bank, Milwaukee, WI	PR-55-2011	March 11, 2011	$190.4	$183.3	Seaway Bank and Trust Company, Chicago, IL has agreed to assume all deposits excluding certain brokered deposits.

February Back to Top
Bank Name	Press Release	Closing Date	Approx. Asset (Millions)	Approx. Deposit (Millions)	Acquirer & Transaction
Valley Community Bank, St. Charles, IL	PR-48-2011	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-41-2011	February 18, 2011	$332.6	$272.2	First California Bank, Westlake Village, CA has agreed to assume all deposits excluding certain brokered deposits.
Habersham Bank, Clarkesville, GA	PR-38-2011	February 18, 2011	$387.6	$339.9	SCBT National Association, Orangeburg, SC has agreed to assume all deposits.
Citizens Bank of Effingham, Springfield, GA	PR-39-2011	February 18, 2011	$214.3	$206.5	Heritage Bank of the South, Albany, GA has agreed to assume all deposits excluding certain brokered deposits.
Charter Oak Bank, Napa, CA	PR-40-2011	February 18, 2011	$120.8	$105.3	Bank of Marin, Novato, CA has agreed to assume all deposits excluding certain brokered deposits.
Sunshine State Community Bank, Port Orange, FL	PR-32-2011	February 11, 2011	$125.5	$116.7	Premier American Bank, National Association, Miami, FL has agreed to assume all deposits.
Peoples State Bank, Hamtramck, MI	PR-33-2011	February 11, 2011	$390.5	$389.9	First Michigan Bank, Troy, MI has agreed to assume all deposits.
Canyon National Bank, Palm Springs, CA	PR-35-2011	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-34-2011	February 11, 2011	$83.8	$78.5	Royal Bank, Elroy, WI has agreed to assume all deposits excluding certain brokered deposits.
North Georgia Bank, Watkinsville, GA	PR-24-2011	February 4, 2011	$153.2	$139.7	BankSouth, Greensboro, GA has agreed to assume all deposits excluding certain brokered deposits.
Community First Bank Chicago, Chicago, IL	PR-25-2011	February 4, 2011	$51.1	$49.5	Northbrook Bank & Trust Company, Northbrook, IL has agreed to assume all deposits.
American Trust Bank, Roswell, GA	PR-23-2011	February 4, 2011	$238.2	$222.2	Renasant Bank, Tupelo, MS has agreed to assume all deposits.

January Back to Top
Bank Name	Press Release	Closing Date	Approx. Asset (Millions)	Approx. Deposit (Millions)	Acquirer & Transaction
The First State Bank, Camargo, OK	PR-15-2011	January 28, 2011	$43.5	$40.3	Bank 7, Oklahoma City, OK has agreed to assume all deposits excluding certain brokered deposits.
FirsTier Bank, Louisville, CO	PR-17-2011	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.
First Community Bank, Taos, NM	PR-18-2011	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.
Evergreen State Bank, Stoughton, WI	PR-16-2011	January 28, 2011	$246.5	$195.2	McFarland State Bank, McFarland, WI has agreed to assume all deposits excluding certain brokered deposits.
United Western Bank, Denver, CO	PR-13-2011	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-12-2011	January 21, 2011	$195.1	$188.3	First Bank, Troy, NC has agreed to assume all deposits.
Enterprise Banking Company, McDonough, GA	PR-10-2011	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.
CommunitySouth Bank & Trust, Easley, SC	PR-11-2011	January 21, 2011	$440.6	$402.4	CertusBank, National Association, Charlotte, NC has agreed to assume all deposits excluding certain brokered deposits.
Oglethorpe Bank, Brunswick, GA	PR-6-2011	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-3-2011	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-2-2011	January 7, 2011	$598.5	$529.6	First Southern Bank, Boca Raton, FL has agreed to assume all deposits excluding certain brokered deposits.