Bank Failures of 2011

Last year, 157 banks failed in the entire  U.S. In order to keep you up-to-date on the state of the current banking system, we continue to track the bank closures this year with the following list of failed banks in 2011:

January 7, 2011
1. First Commercial Bank of Florida, Florida. Acquired by First Southern Bank.
2. Legacy Bank, Arizona. Acquired by Enterprise Bank & Trust.

January 14, 2011
3. Oglethorpe Bank, Georgia. Acquired by Bank of the Ozarks.

January 21, 2011
4. Enterprise Banking Company, Georgia. No Acquirer.
5. Community South Bank & Trust, South Carolina. Acquired by Certus Bank, N.A.
6. The Bank of Asheville, North Carolina. Acquired by First Bank.
7. United Western Bank, Colorado. Acquired by First-Citizens Bank & Trust Co.

January 28, 2011
8. The First State Bank, Oklahoma. Acquired by Bank 7.
9. Evergreen State Bank, Wisconsin. Acquired by McFarland State Bank.
10. FirsTier Bank, Colorado. No acquiring institution.
11. First Community Bank, New Mexico. Acquired by U.S. Bank, National Association.

February 4, 2011
12. American Trust Bank, Georgia. Acquired by Renasant Bank.
13. North Georgia Bank, Georgia. Acquired by BankSouth.
14. Community First Bank Chicago, Illinois. Acquired by Northbrook Bank & Trust.

February 11, 2011
15. Sunshine State Community Bank, Florida. Acquired by Premier American Bank, N.A.
16. Peoples State Bank, Michigan. Acquired by First Michigan Bank.
17. Badger State Bank, Wisconsin. Acquired Royal Bank.
18. Canyon National Bank, California. Acquired by Pacific Premier Bank.

February 18, 2011
19. Habersham Bank, Georgia. Acquired by SCBT National Association.
20. Citizens Bank of Effingham, Georgia. Acquired by Heritage Bank of the South.
21. Charter Oak Bank, Napa. Acquired by Bank of Marin.
22. San Luis Trust Bank, FSB, San Luis Obispo. Acquired by First California Bank.

February 25, 2011
23. Valley Community Bank, Illinois. Acquired by First State Bank Illinois.

March 11, 2011
24. First National Bank of Davis, Oklahoma. Acquired by The Pauls Valley National Bank.
25. Legacy Bank, Wisconsin. Acquired by Seaway Bank and Trust Company.

March 25, 2011
26. The Bank of Commerce, Illinois. Acquired by Advantage National Bank Group, Elk Grove Village.

April 8, 2011
27. Western Springs National Bank and Trust, Illinois. Acquired by Heartland Bank and Trust Company.
28. Nevada Commerce Bank, Nevada. Acquired by City National Bank, Los Angeles.

April 15, 2011
29. Bartow County Bank, Georgia. Acquired by Hamilton State Bank.
30. New Horizons Bank, Georgia. Acquired by Citizens South Bank.
31. Nexity Bank, Alabama. Acquired by AloStar Bank of Commerce.
32. Superior Bank, Alabama. Acquired by Superior Bank, National Association.
33. Rosemount National Bank, Minnesota. Acquired by Central Bank.
34. Heritage Banking Group, Mississippi. Acquired by Trustmark National Bank.

April 29, 2011
35. First National Bank of Central Florida, Florida. Acquired by Florida Community Bank.
36. Cortez Community Bank, Florida. Acquired by Florida Community Bank.
37. First Choice Community Bank, Georgia. Acquired by Bank of the Ozarks.
38. The Park Avenue Bank, Georgia. Acquired by Bank of the Ozarks.
39. Community Central Bank, Michigan. Acquired by Talmer Bank & Trust.

May 6, 2011
40. Coastal Bank, Florida. Acquired by Florida Community Bank.

May 20, 2011
41. Atlantic Southern Bank, Georgia. Acquired by CertusBank, National Association.
42. First Georgia Banking Company, Georgia. Acquired by CertusBank, National Association.
43. Summit Bank, Washington. Acquired by Columbia State Bank.

May 27, 2011
44. First Heritage Bank, Washington. Acquired by Columbia State Bank.

June 3, 2011
45. Atlantic Bank and Trust, South Carolina. Acquired by First Citizens Bank and Trust Company, Inc.

June 17, 2011
46. McIntosh State Bank, Georgia. Acquired by Hamilton State Bank.
47. First Commercial Bank of Tampa Bay, Florida. Acquired by Stonegate Bank.

June 24, 2011
48. Mountain Heritage Bank, Georgia. Acquired by First American Bank and Trust Company.

July 8, 2011
49. First Chicago Bank and Trust, Illinois. Acquired by Northbrook Bank & Trust Company.
50. Colorado Capital Bank, Colorado. Acquired by First-Citizens Bank & Trust Company.
51. Signature Bank, Colorado. Acquired by Points West Community Bank.

July 15, 2011
52. One Georgia Bank, Georgia. Acquired by Ameris Bank.
53. High Trust Bank, Georgia. Acquired by Ameris Bank.
54. First Peoples Bank, Florida. Acquired by Premier American Bank, N.A.
55. Summit Bank, Arizona. Acquired by The Foothills Bank.

July 22, 2011
56. Southshore Community Bank, Florida. Acquired by American Momentum Bank.
57. Landmark Bank of Florida, Florida. Acquired by American Momentum Bank.
58. Bank of Choice, Colorado. Acquired by Bank Midwest, N.A.

July 29, 2011
59. Virginia Business Bank, Virginia. Acquired by Xenith Bank.
60. Bank Meridian, N.A., South Carolina. Acquired by SCBT National Association.
61. Integra Bank National Association, Indiana. Acquired by Old National Bank.

August 5, 2011
62. Bank of Shorewood, Illinois. Acquired by Heartland Bank and Trust Company.
63. Bank of Whitman, Washington. Acquired by Columbia State Bank.

August 12, 2011
64. The First National Bank of Olathe, Kansas. Acquired by Enterprise Bank & Trust.

August 18, 2011
65. Public Savings Bank of Huntingdon Valley, Pennsylvania. Acquired by Capital Bank, N.A.

August 19, 2011
66. Lydian Private Bank of Palm Beach, Florida. Acquired by Sabadell United Bank, N.A.
67. First Southern National Bank of Statesboro, Georgia. Acquired by Heritage Bank of the South.
68. First Choice Bank of Geneva, Illinois. Acquired by Inland Bank & Trust.

September 2, 2011
69. Patriot Bank of Cumming, Georgia. Acquired by Georgia Commerce Bank.
70. CreekSide Bank of Woodstock, Georgia. Acquired by Georgia Commerce Bank.

September 9, 2011
71. The First National Bank of Milton, Florida. Acquired by CharterBank.

September 23, 2011
72. Bank of the Commonwealth of Norfolk, VA. Acquired by Southern Bank and Trust Company.
73. Citizens Bank of Northern California of Nevada City, CA. Acquired by Tri Counties Bank.

September 30, 2011
74. First International Bank of Plano, TX. Acquired by American First National Bank..