During the past three weeks, federal bank regulators disclosed nearly 40 regulatory actions against U.S. financial institutions — including one that has since failed.
Bank failures are often preceded by cease-and-desist orders. Such orders were announced against the following financial institutions since MortgageDaily.com’s last story about regulatory orders on Sept. 28.
| Institution | Location | Regulator | Order Date | Order Number |
| Capmark Bank, Capmark Financial Group Inc. | Horsham, Pa. | FDIC, Utah Department of Financial Institutions | Oct. 2 | n.a. |
| Excel National Bank | Beverly Hills, Calif. | OCC | Sep. 15 | 2009-136 |
| First National Bank | Savannah, Ga. | OCC | Sep. 28 | 2009-139 |
| First National Bank in Howell | Howell, Ga. | OCC | Sep. 24 | 2009-140 |
| Pacific National Bank | Miami | OCC | Sep. 29 | 2009-137 |
| Peoples Community National Bank | Bremen, Mich. | OCC | Sep. 15 | 2009-138 |
| Prime Pacific Bank, N.A. | Lynnwood, Wash. | OCC | Aug. 31 | 2009-141 |
Personal cease-and-desist orders were issued against Robert Todd of The First National Bank of Stratton in Stratton, Colo., on Sept. 17 (order number 2009-145) and Mark E. Fox of Albany Bank & Trust, N.A., in Albany Georgia on Sept. 10 (order number 2009-146).
Formal agreements — which often involve conserving capital, improving operations and occasionally replacing manages — were reached with the following institutions.
| Institution | Location | Regulator | Order Date | Order/Docket Number |
| American Bank and Trust Company, N.A. | Davenport, Iowa | OCC | Aug. 17 | 2009-154 |
| BOI Financial Corp., Bank of Illinois | Normal, Ill. | Federal Reserve Bank of Chicago | Oct. 5 | 09-145-WA/RB-HC, 09-145-WA/RB-SM |
| Cbc National Bank | Fernandina Beach, Fla. | OCC | Aug. 26 | 2009-151 |
| CBR Holdings Inc. | Chicago | Federal Reserve Bank of Chicago | Oct. 1 | 09-133-WA/RB-HC |
| Central National Bank | Junction City, Kan. | OCC | Sep. 17 | 2009-155 |
| Coastal Financial Corp., Coastal Community Bank | Everett, Wash. | Federal Reserve Bank of San Francisco | Sep. 25 | 09-129-WA/RB-HC, 09-129-WA/RB-SM |
| Eurobancshares Inc. | San Juan, Puerto Rico | Federal Reserve Bank of New York | Sep. 30 | 09-137-WA/RB-HC |
| Executive National Bank | Miami | OCC | Sep. 8 | 2009-152 |
| The First National Bank of Chatsworth | Chatsworth, Ga. | OCC | Sep. 17 | 2009-153 |
| First National Community Bank | New Richmond, Wis. | OCC | Aug. 25 | 2009-157 |
| First Utah Bank | Salt Lake City | Federal Reserve Bank of San Francisco | Sep. 23 | 09-130 WA/RB-SM |
| Inter National Bank | McAllen, Texas | OCC | Sep. 21 | 2009-156 |
| National Bank of California | Los Angeles | OCC | Aug. 31 | 2009-150 |
| Sterling Savings Bank | Spokane, Wash. | FDIC | October | n.a. |
The following banks faced removal-prohibition orders.
| Institution | Location | Regulator | Order Date | Order Number |
| Butcher, Valarie L.; JPMorgan Chase Bank, N.A. | Columbus, Ohio | OCC | Sep. 10 | 2009-148 |
| Hamlin, Loren F.; Bank of America, N.A. | Charlotte, N.C. | OCC | Sep. 10 | 2009-148 |
| Kelsay, Melissa; City National Bank | Los Angeles | OCC | Aug. 20 | 2009-158 |
| Polk, Camille L.; First National Bank of Nevada | Reno, Nev. | OCC | Sep. 1 | 2009-160 |
| Radcliffe, Rebecca L.,;The Citizens National Bank | Putnam, Conn. | OCC | Sep. 15 | 2009-159 |
| White, Jessica A.; Wells Fargo Bank, N.A. | Sioux Falls, S.D. | OCC | Sep. 10 | 2009-162 |
The following civil money penalties were issued.
| Institution | Location | Regulator | Order Date | Order Number | Amount |
| Bohnen, Joseph M.; The First National Bank of Stratton | Stratton, Colo. | OCC | Sep. 17 | 2009-142 | n.a. |
| Downey, Robert; The First National Bank of Stratton | Stratton, Colo. | OCC | Sep. 17 | 2009-143 | n.a. |
| Fjellman, Scott R.; Marshall Bank, N.A. | Hallock, Ga. | OCC | Aug. 28 | 2009-147 | n.a. |
| Fox, Mark E.; Albany Bank & Trust, N.A. | Albany, Ga. | OCC | Sep. 10 | 2009-146 | n.a. |
| Morgan, Timothy S.; The First National Bank of Stratton | Stratton, Colo. | OCC | Sep. 17 | 2009-144 | n.a. |
| National City Bank | Cleveland | OCC | Sep. 10 | 2009-149 | n.a. |
| Todd, Robert; The First National Bank of Stratton | Stratton, Colo. | OCC | Sep. 17 | 2009-145 | n.a. |
| Wellington State Bank | Wellington, Texas | Fed | Sep. 25 | 09-139-CMP-SM | $3,465 |
The Federal Reserve Board announced that San Joaquin Bank in Bakersfield, Calif., agreed to a prompt corrective action directive (Docket No. 09-142-PCA-SMSM) on Sept. 30. But the bank, which had already entered a formal agreement on April 7 with the Federal Reserve Board and the California Department of Financial Institutions, failed Friday.
The OCC noted that it terminated formal agreements with Community First Bank, N.A., in Reynoldsville, Pa.; Rabobank, N.A., in El Centro, Calif.; and Pacific National Bank in Miami.
