Failed Banks - 2011

As of Dec. 16, 92 banks have failed and been taken over by the Federal Deposit Insurance Corp. In most cases, deposits and some of the assets have been transferred to acquiring banks. The acquiring bank assumes the bank's deposits and, usually, some of the assets. In most cases, the FDIC acquires some of the assets -- normally the troubled loans. The FDIC estimates that the failures in 2011 have cost $7.2 billion.

Click on a bank's name for more details. Click on a column header to sort the list; click a second time to reverse the sort order.

Bank NameClosing dateAcquiring bankFDIC cost (millions)
Western National Bank
Phoenix, AZ
2011-12-16 Washington Federal, National Association
Seattle, WA
37.6
Premier Community Bank of the Emerald Coast
Crestview, FL
2011-12-16 Summit Bank, National Association
Panama City, FL
31.2
Polk County Bank
Johnston, IA
2011-11-18 Grinnell State Bank
Grinnell, IA
12.0
Central Progressive Bank
Lacombe, LA
2011-11-18 First NBC Bank
New Orleans, LA
58.1
Community Bank of Rockmart
Rockmart, GA
2011-11-10 Century Bank of Georgia
Cartersville, GA
14.5
SunFirst Bank
Saint George, UT
2011-11-04 Cache Valley Bank
Logan, UT
49.7
Mid City Bank, Inc.
Omaha, NE
2011-11-04 Premier Bank
Purdum, NE
12.7
All American Bank
Des Plaines, IL
2011-10-28 International Bank of Chicago
Chicago, IL
6.5
Community Banks of Colorado
Greenwood Villag, CO
2011-10-21 Bank Midwest, National Association
Kansas City, MO
224.9
Decatur First Bank
Decatur, GA
2011-10-21 Fidelity Bank
Atlanta, GA
32.6
Community Capital Bank
Jonesboro, GA
2011-10-21 State Bank and Trust Company
Macon, GA
62.0
Old Harbor Bank
Clearwater, FL
2011-10-21 1st United Bank
Boca Raton, FL
39.3
Blue Ridge Savings Bank, Inc.
Asheville, NC
2011-10-14 Bank of North Carolina
Thomasville, NC
38.0
Piedmont Community Bank
Gray, GA
2011-10-14 State Bank and Trust Company
Macon, GA
71.3
Country Bank
Aledo, IL
2011-10-14 Blackhawk Bank & Trust
Milan, IL
66.3
First State Bank
Cranford, NJ
2011-10-14 Northfield Bank
Staten Island, NY
45.8
Sun Security Bank
Ellington, MO
2011-10-07 Great Southern Bank
Reeds Spring, MO
118.3
The RiverBank
Wyoming, MN
2011-10-07 Central Bank
Stillwater, MN
71.4
First International Bank
Plano, TX
2011-09-30 Superior Bank, National Association
Tampa, FL
53.8
Bank of the Commonwealth
Norfolk, VA
2011-09-23 Southern Bank and Trust Company
Mount Olive, NC
268.3
Citizens Bank of Northern California
Nevada City, CA
2011-09-23 Tri Counties Bank
Chico, CA
37.2
The First National Bank of Florida
Milton, FL
2011-09-09 CharterBank
West Point, GA
46.9
CreekSide Bank
Woodstock, GA
2011-09-02 Georgia Commerce Bank
Atlanta, GA
27.3
Patriot Bank of Georgia
Cumming, GA
2011-09-02 Georgia Commerce Bank
Atlanta, GA
44.4
First Southern National Bank
Statesboro, GA
2011-08-19 Heritage Bank of the South
Albany, GA
39.6
Lydian Private Bank
Palm Beach, FL
2011-08-19 Sabadell United Bank, National Association
Miami, FL
293.2
First Choice Bank
Geneva, IL
2011-08-19 INLAND BANK & TRUST
Oak Brook, IL
31.0
Public Savings Bank
Huntingdon Valle, PA
2011-08-18 Capital Bank, National Association
Rockville, MD
11.0
The First National Bank of Olathe
Olathe, KS
2011-08-12 Enterprise Bank & Trust
Clayton, MO
116.6
Bank of Shorewood
Shorewood, IL
2011-08-05 Heartland Bank and Trust Company
Bloomington, IL
25.6
Bank of Whitman
Colfax, WA
2011-08-05 Columbia State Bank
Tacoma, WA
134.8
Integra Bank National Association
Evansville, IN
2011-07-29 Old National Bank
Evansville, IN
170.7
BankMeridian, N.A.
Columbia, SC
2011-07-29 South State Bank
Orangeburg, SC
65.4
Virginia Business Bank
Richmond, VA
2011-07-29 Xenith Bank
Richmond, VA
17.3
Southshore Community Bank
Apollo Beach, FL
2011-07-22 American Momentum Bank
Tampa, FL
8.3
LandMark Bank of Florida
Sarasota, FL
2011-07-22 American Momentum Bank
Tampa, FL
34.4
Bank of Choice
Greeley, CO
2011-07-22 Bank Midwest, National Association
Kansas City, MO
213.6
First Peoples Bank
Port St. Lucie, FL
2011-07-15 Florida Community Bank, National Association
Miami, FL
7.4
Summit Bank
Prescott, AZ
2011-07-15 The Foothills Bank
Yuma, AZ
11.3
High Trust Bank
Stockbridge, GA
2011-07-15 Ameris Bank
Moultrie, GA
66.0
One Georgia Bank
Atlanta, GA
2011-07-15 Ameris Bank
Moultrie, GA
44.4
Signature Bank
Windsor, CO
2011-07-08 Points West Community Bank
Julesburg, CO
22.3
Colorado Capital Bank
Castle Rock, CO
2011-07-08 First-Citizens Bank & Trust Company
Raleigh, NC
283.8
First Chicago Bank & Trust
Itasca, IL
2011-07-08 Northbrook Bank and Trust Company
Northbrook, IL
284.3
Mountain Heritage Bank
Clayton, GA
2011-06-24 First American Bank and Trust Company
Athens, GA
41.1
First Commercial Bank of Tampa Bay
Tampa, FL
2011-06-17 Stonegate Bank
Fort Lauderdale, FL
28.5
McIntosh State Bank
Jackson, GA
2011-06-17 Hamilton State Bank
Hoschton, GA
80.0
Atlantic Bank and Trust
Charleston, SC
2011-06-03 First Citizens Bank and Trust Company, Inc.
Columbia, SC
36.4
First Heritage Bank
Snohomish, WA
2011-05-27 Columbia State Bank
Tacoma, WA
34.9
First Georgia Banking Company
Franklin, GA
2011-05-20 Deposits were acquired by CertusBank, National Association, Easley, S.C., a subsidiary of Blue Ridge Holdings, Inc., Charlotte, N.C 156.5
Summit Bank
Burlington, WA
2011-05-20 Columbia State Bank
Tacoma, WA
15.7
Atlantic Southern Bank
Macon, GA
2011-05-20 Deposits were acquired by CertusBank, National Association, Easley, S.C., a subsidiary of Blue Ridge Holdings, Inc., Charlotte, N.C. 273.5
Coastal Bank
Merritt Island, FL
2011-05-06 Florida Community Bank, National Association
Miami, FL
13.4
The Park Avenue Bank
Valdosta, GA
2011-04-29 Bank of the Ozarks
Little Rock, AR
306.1
Cortez Community Bank
Brooksville, FL
2011-04-29 Florida Community Bank, National Association
Miami, FL
18.6
Community Central Bank
Mount Clemens, MI
2011-04-29 Talmer Bank and Trust
Troy, MI
183.2
First Choice Community Bank
Dallas, GA
2011-04-29 Bank of the Ozarks
Little Rock, AR
92.4
First National Bank of Central Florida
Winter Park, FL
2011-04-29 Florida Community Bank, National Association
Miami, FL
42.9
Superior Bank
Birmingham, AL
2011-04-15 Bank acquired by Superior Bank, N.A., of Birmingham, AL, a newly chartered bank 259.6
Bartow County Bank
Cartersville, GA
2011-04-15 Hamilton State Bank
Hoschton, GA
69.5
Nexity Bank
Birmingham, AL
2011-04-15 Bank acquired by AloStar Bank of Commerce of Birmingham, AL, a newly chartered bank. 175.4
Heritage Banking Group
Carthage, MS
2011-04-15 Trustmark National Bank
Jackson, MS
49.1
New Horizons Bank
East Ellijay, GA
2011-04-15 Citizens South Bank
Gastonia, NC
30.9
Rosemount National Bank
Rosemount, MN
2011-04-15 Central Bank
Stillwater, MN
3.6
Nevada Commerce Bank
Las Vegas, NV
2011-04-08 City National Bank
Beverly Hills, CA
31.9
Western Springs National Bank and Trust
Western Springs, IL
2011-04-08 Heartland Bank and Trust Company
Bloomington, IL
31.0
The Bank of Commerce
Wood Dale, IL
2011-03-25 Schaumburg Bank & Trust Company, National Association
Elk Grove Villag, IL
41.9
Legacy Bank
Milwaukee, WI
2011-03-11 Seaway Bank and Trust Company
Chicago, IL
43.5
The First National Bank of Davis
Davis, OK
2011-03-11 The Pauls Valley National Bank
Pauls Valley, OK
26.5
Valley Community Bank
St. Charles, IL
2011-02-25 First State Bank
Mendota, IL
22.8
Habersham Bank
Clarkesville, GA
2011-02-18 South State Bank
Orangeburg, SC
90.3
Charter Oak Bank
Napa, CA
2011-02-18 Bank of Marin
Novato, CA
21.8
Citizens Bank of Effingham
Springfield, GA
2011-02-18 Heritage Bank of the South
Albany, GA
59.4
San Luis Trust Bank, FSB
San Luis Obispo, CA
2011-02-18 First California Bank
Westlake Village, CA
96.1
Badger State Bank
Cassville, WI
2011-02-11 Royal Bank
Elroy, WI
17.5
Peoples State Bank
Hamtramck, MI
2011-02-11 Talmer Bank and Trust
Troy, MI
87.4
Sunshine State Community Bank
Port Orange, FL
2011-02-11 Florida Community Bank, National Association
Miami, FL
30.0
Canyon National Bank
Palm Springs, CA
2011-02-11 Pacific Premier Bank
Costa Mesa, CA
10.0
American Trust Bank
Roswell, GA
2011-02-04 Renasant Bank
Tupelo, MS
71.5
Community First Bank - Chicago
Chicago, IL
2011-02-04 Northbrook Bank and Trust Company
Northbrook, IL
11.7
North Georgia Bank
Watkinsville, GA
2011-02-04 BankSouth
Greensboro, GA
35.2
Evergreen State Bank
Stoughton, WI
2011-01-28 McFarland State Bank
Mc Farland, WI
22.8
The First State Bank
Camargo, OK
2011-01-28 Bank 7
Oklahoma City, OK
20.1
First Community Bank
Taos, NM
2011-01-28 U.S. Bank National Association
Cincinnati, OH
260.0
FirsTier Bank
Louisville, CO
2011-01-28 No buyer found. FDIC created Deposit National Bank of Louisville to pay off insured deposits. 242.6
Enterprise Banking Company
Mcdonough, GA
2011-01-21 No buyer found. FDIC created Deposit Insurance National Bank of McDonough and will pay off insured deposits. 39.6
The Bank of Asheville
Asheville, NC
2011-01-21 First Bank
Troy, NC
56.2
United Western Bank
Denver, CO
2011-01-21 First-Citizens Bank & Trust Company
Raleigh, NC
312.8
CommunitySouth Bank and Trust
Easley, SC
2011-01-21 Deposits were acquired by CertusBank, National Association, Easley, S.C., a newly-chartered bank subsidiary of Blue Ridge Holdings, Inc., Charlotte, N.C. 46.3
Oglethorpe Bank
Brunswick, GA
2011-01-14 Bank of the Ozarks
Little Rock, AR
80.4
Legacy Bank
Scottsdale, AZ
2011-01-07 Enterprise Bank & Trust
Clayton, MO
27.9
First Commercial Bank of Florida
Orlando, FL
2011-01-07 First Southern Bank
Boca Raton, FL
78.0


Notes:

* FDIC created this bank because it could not find a buyer

** Office of Thrift Supervision created this bank because it could not find a buyer

*** Newly chartered bank

**** Assumed deposits and some assets of failed bank

***** Purchased some assets of failed bank under loss share agreement with FDIC

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