Regulatory actions taken by the Federal Deposit Insurance Corp. subsided significantly last month. The number of consent orders, also known as cease-and-desist orders, that were handed out by the FDIC were down by half compared to the prior month and tumbled two-thirds from a year earlier — pointing to fewer bank failures ahead.
At the nation’s bank insurance administrator, the FDIC, 57 regulatory matters were processed during May. That was a big improvement from 76 actions during April but not a whole lot different than in May 2010 when 62 matters were processed.
The number of consent orders, which the FDIC previously referred to as cease-and-desist orders, fell to just 10 last month from 21 in April. Cease-and-desist orders issued a year earlier numbered 30.
Failed financial institutions are frequently hit with cease-and-desist or consent orders prior to being closed down by regulators. The FDIC issues such orders pursuant to Section 8(b), 12 U.S.C. §1818(b).
The following institutions recently faced consent or cease-and-desist orders from either the FDIC or the Office of the Comptroller of the currency.
Cease-and-Desist or Consent Orders
| Company | Location | Regulator | Order/Docket No. | Date |
| Ally Financial Inc.; Ally Bank; Residential Capital, LLC; GMACÂ Mortgage, LLC | Detroit, Michigan; Midvale, Utah; Minneapolis, Minnesota; Fort Washington, Pennsylvania | FDIC | FDIC-11-123b | 4/13/2011 |
| American Bank of the North | Nashwauk, MN | FDIC | FDIC-11-124b | 5/9/2011 |
| Atlantic National Bank | Brunswick, GA | OCC | 2011-055 | 4/18/2011 |
| Bank of the Carolinas | Mocksville, NC | FDIC | FDIC-11-064b | 4/27/2011 |
| Borinquen Federal Credit Union | Philadelphia, PA | NCUA | 11-0022-R2 | 6/6/2011 |
| Central Florida State Bank | Belleview, FL | FDIC | FDIC-10-630b | 4/8/2011 |
| Citizens Bank & Trust Company | Eastman, GA | FDIC | FDIC-11-150b | 5/13/2011 |
| Community Bank of Oak Park River Forest | Oak Park, IL | FDIC | FDIC-11-051b | 4/4/2011 |
| Community South Bank | Parsons, TN | FDIC | FDIC-10-264b | 4/6/2011 |
| DocX, LLC | Alpharetta, GA | OCC | 2011-053Â | 4/13/2011 |
| First Alliance Bank | Cordova, TN | FDIC | FDIC-10-508b | 4/22/2011 |
| First State Bank | Danville, VA | FDIC | FDIC-10-850b | 4/20/2011 |
| Florida Citizens Bank | Gainesville, FL | FDIC | FDIC-10-709b | 4/20/2011 |
| Forrest City Bank, National Association | Forrest City, AK | OCC | 2011-079 | 4/25/2011 |
| Highland Community Bank | Chicago, IL | FDIC | FDIC-11-044b | 5/4/2011 |
| Huntington State Bank | Huntington, TX | FDIC | FDIC-11-057b | 4/4/2011 |
| Kendall State Bank | Valley Falls, KS | FDIC | FDIC-11-097b | 4/8/2011 |
| Lender Processing Services, Inc. | Jacksonville, FL | OCC | 2011-053 | 4/13/2011 |
| Lender Processing Services, Inc.; DocX, LLC; LPS Default Solutions, Inc. | Jacksonville, FL; Alpharetta, GA; Mendota Heights, MN | FDIC | FDIC-11-204b | 4/13/2011 |
| LPS Default Solutions, Inc. | Mendota Heights, MN | OCC | 2011-053Â | 4/13/2011 |
| MERSCORP, Inc. | Reston, VA | OCC | 2011-044 | 4/13/2011 |
| MERSCORP, Inc., and Mortgage Electronic Registration Systems, Inc. | Reston, VA | FDIC | FDIC-11-194b | 4/13/2011 |
| Mortgage Electronic Registration Systems, Inc. | Reston, VA | OCC | 2011-044 | 4/13/2011 |
| New City Bank | Chicago, IL | FDIC | FDIC-11-034b | 5/16/2011 |
| Ocean Bank | Miami, FL | FDIC | FDIC-11-207b | 5/6/2011 |
| Old Second National Bank | Aurora, IL | OCC | 2011-081Â Â Â | 5/16/2011 |
| Parkway Bank and Trust Company | Harwood Heights, IL | FDIC | FDIC-10-935b | 4/29/2011 |
| Patriot Bank | Houston, TX | FDIC | FDIC-11-158b | 5/13/2011 |
| People’s Bank and Trust Company of Pickett County | Byrdstown, TN | FDIC | FDIC-10-923b | 4/13/2011 |
| Peoples National Bank | Niceville, FL | OCC | 2011-080 | 5/11/2011 |
| Public Savings Bank | Huntingdon Valley, PA | FDIC | FDIC-11-107b | 5/12/2011 |
| Quality Bank | Fingal, ND | FDIC | FDIC-11-118b | 4/8/2011 |
| Security First Bank | Fresno, CA | FDIC | FDIC-11-135b | 4/21/2011 |
| Signature Bank | Bad Axe, MI | FDIC | FDIC-10-910b | 4/29/2011 |
| Southwestern National Bank | Houston, TX | OCC | 2011-056 | 3/24/2011 |
| State Central Bank | Keokuk, IA | FDIC | FDIC-11-106b | 4/27/2011 |
| Stonebridge Bank | Exton, PA | FDIC | FDIC-11-137b | 5/23/2011 |
| Suburban Bank & Trust Company | Elmhurst, IL | FDIC | FDIC-10-876b | 4/5/2011 |
| Tennessee Commerce Bank | Franklin, TN | FDIC | FDIC-11-196b | 5/25/2011 |
| Texas Savings Bank | Snyder, TX | FDIC | FDIC-11-120b | 4/5/2011 |
| The Baraboo National Bank | Baraboo, WI | OCC | 2011-071 | 4/25/2011 |
| The Citizens Bank | Enterprise, AL | FDIC | FDIC-11-056b | 4/26/2011 |
| Valliance Bank | McKinney, TX | FDIC | FDIC-11-105b | 4/21/2011 |
| Vineyard Bank, National Association | Corona, CA | OCC | 2011-082 | 5/10/2011 |
| Waumandee State Bank | Waumandee, WI | FDIC | FDIC-11-153b | 5/27/2011 |
The good news is that the FDIC recently terminated 13 consent and cease-and-desist orders during May, while 18 were terminated the previous month.
Order Terminating a Cease-and-Desist Order
| Company | Location | Regulator | Order/Docket No. | Date |
| Alliance Banking Company | Winchester, KY | FDIC | FDIC-08-223b | 3/18/2011 |
| Arcola Homestead Savings Bank | Arcola, IL | FDIC | FDIC-10-167b | 4/1/2011 |
| Badger State Bank | Cassville, WI | FDIC | FDIC-09-077b | 4/12/2011 |
| Bartow County Bank | Cartersville, GA | FDIC | FDIC-09-707b | 5/17/2011 |
| CB&S Bank, Inc. | Russellville, AL | FDIC | FDIC-10-176b | 4/28/2011 |
| Central Pacific Bank | Honolulu, HI | FDIC | FDIC-09-715b | 5/11/2011 |
| CF Bancorp | Port Huron, MI | FDIC | FDIC-09-676b | 4/14/2011 |
| CIT Bank | Salt Lake City, UT | FDIC | FDIC-09-337b | 4/12/2011 |
| Coffee County Bank | Manchester, TN | FDIC | FDIC-09-094b | 5/10/2011 |
| Commercial State Bank of El Campo | El Campo, TX | FDIC | FDIC-09-262b | 5/16/2011 |
| Community Bank of Manatee | Lakewood Ranch, FL | FDIC | FDIC-09-569b | 4/1/2011 |
| Community Central Bank | Mount Clemens, MI | FDIC | FDIC-10-561b | 5/23/2011 |
| Congaree State Bank | West Columbia, SC | FDIC | FDIC-10-047b | 4/8/2011 |
| Corn Belt Bank and Trust Company | Pittsfield, IL | FDIC | FDIC-08-356b | 4/1/2011 |
| Cortez Community Bank | Brooksville, FL | FDIC | FDIC-09-646b | 5/16/2011 |
| Evergreen State Bank | Stoughton, WI | FDIC | FDIC-08-410b | 4/12/2011 |
| First Choice Community Bank | Dallas, GA | FDIC | FDIC-09-346b | 5/31/2011 |
| First Southern Bank | Batesville, AR | FDIC | FDIC-10-884b | 4/7/2011 |
| Firstier Bank | Louisville, CO | FDIC | FDIC-09-601b | 5/18/2011 |
| Heritage Banking Group | Carthage, MS | FDIC | FDIC-10-182b | 4/21/2011 |
| Lakeside Community Bank | Sterling Heights, MI | FDIC | FDIC-09-326b | 4/14/2011 |
| Legacy Bank | Scottsdale, AZ | FDIC | FDIC-09-321b | 4/14/2011 |
| Main Street Bank | Northville, MI | FDIC | FDIC-08-116b | 4/14/2011 |
| New Liberty Bank | Plymouth, MI | FDIC | FDIC-09-193b | 4/14/2011 |
| Nexity Bank | Birmingham, AL | FDIC | FDIC-09-011b | 5/3/2011 |
| Ocean Bank | Miami, FL | FDIC | FDIC-07-017b | 5/11/2011 |
| Peoples Bank | Elkhorn, WI | FDIC | FDIC-08-144b | 5/16/2011 |
| Peoples State Bank | Hamtramck, MI | FDIC | FDIC-09-129b | 4/14/2011 |
| Slovak Savings Bank | Pittsburgh, PA | FDIC | FDIC-10-066b | 5/11/2011 |
| Southwest Bank of Texas | Houston, TX | OCC | 2011-093 (EA# 2005-12) | 5/10/2011 |
| Strategic Capital Bank | Champaign, IL | FDIC | FDIC-08-205b | 4/1/2011 |
| Texas Country Bank | Lakeway, TX | FDIC | FDIC-10-036b | 4/29/2011 |
| The Frost National Bank | San Antonio, TX | OCC | 2011-093 (EA# 2005-12) | 5/10/2011 |
| TIB Bank | Naples, FL | FDIC | FDIC-10-358b | 5/10/2011 |
| Whitney National Bank | New Orleans, LA | OCC | 2011-093 (EA# 2005-12) | 5/10/2011 |
In addition, a modification of consent order (FDIC-09-744b) was processed by the FDIC on April 27 for The Community’s Bank in Bridgeport, Conn.
The OCC, Federal Reserve and multiple state banking regulators recently entered formal agreements with 23 institutions. Agreements with regulators often require the banks to conserve capital, make operational improvements and, occasionally, change management.
Formal Agreements
| Company | Location | Regulator | Order/Docket No. | Date |
| Community Banks of Georgia Inc. | Jasper, Georgia | Federal Reserve Bank of Atlanta, Banking Commissioner of the State of Georgia | 11-063-WA/RB-HC | 5/24/2011 |
| Liberty Shares, Inc. | Hinesville, Georgia | Federal Reserve Bank of Atlanta, Banking Commissioner of the State of Georgia | 11-050-WA/RB-HC | 5/9/2011 |
| F&M Holding Company | Manchester, Georgia | Federal Reserve Bank of Atlanta, Banking Commissioner of the State of Georgia | 11-054-WA/RB-HC | 5/31/2011 |
| Metropolitan Bank Group, Inc. | Chicago, Illinois | Federal Reserve Bank of Chicago | 11-037-WA/RB-HC | 5/10/2011 |
| Community Financial Shares, Inc. | Glen Ellyn, Illinois | Federal Reserve Bank of Chicago | 11-062-WA /RB-HC | 5/23/2011 |
| Northwest Bancorporation of Illinois, Inc. | Palatine, Illinois | Federal Reserve Bank of Chicago | 11-066-WA /R B-HCÂ | 6/7/2011 |
| Johnson Financial Group, Inc.; Johnson Bank | Racine, Wisconsin | Federal Reserve Bank of Chicago, State of Wisconsin Department of Financial Institutions | 11-056-WA/RB-HC; 11-056-WA/RB-SM | 5/10/2011 |
| North Texas Bancshares, Inc.; North Texas Bancshare of Delaware, Inc. | Dallas, Texas; Wilmington, Delaware | Federal Reserve Bank of Dallas, Banking Commissioner of the Texas Department of Banking | 11-044-WA/RB-HC; 2011-020Â | 5/23/2011 |
| Cornerstone Holding Company, Inc. | Fargo, North Dakota | Federal Reserve Bank of Minneapolis | 11-009-WA/RB-HC | 5/27/2011 |
| Mid-Wisconsin Financial Services, Inc. | Medford, Wisconsin | Federal Reserve Bank of Minneapolis | 11-048-WA/RB-HC | 5/10/2011 |
| BW Bancorp | Ely, Minnesota | Federal Reserve Bank of Minneapolis | 11-059 -WA/RB-HC | 5/20/2011 |
| HCSB Financial Corporation | Loris, South Carolina | Federal Reserve Bank of Richmond | 11-034 -WA/RB-HC | 5/9/2011 |
| Provident Community Bancshares, Inc. | Rock Hill, South Carolina | Federal Reserve Bank of Richmond | 11-049-WA/RB-HC | 5/20/2011 |
| Four Oaks Fincorp, Inc.; Four Oaks Bank & Trust Company | Four Oaks, North Carolina | Federal Reserve Bank of Richmond, State of North Carolina Office of the Commissioner of Banks | 11-060-WA/RB-HC; 11-060-WA/RB-SM | 5/24/2011 |
| Calwest Bancorp | Rancho Santa Margarita, California | Federal Reserve Bank of San Francisco | 11-055 -WA/RB-HC | 4/29/2011 |
| Chino Commercial Bank, National Association | Chino, CA | OCC | 2011-063 | 4/12/2011 |
| The First National Bank of Wyoming | Wyoming, DE | OCC | 2011-064 | 3/17/2011 |
| First National Bank Northwest Florida | Panama City, FL | OCC | 2011-065 | 4/7/2011 |
| Heartland National Bank | Sebring, FL | OCC | 2011-066 | 4/14/2011 |
| First National Bank of Decatur County | Bainbridge, GA | OCC | 2011-067 | 3/24/2011 |
| Great Lakes Bank, National Association | Blue Island, IL | OCC | 2011-068 | 4/5/2011 |
| First National Bank in Mahnomen | Mahnomen, MN | OCC | 2011-069 | 3/28/2011 |
| Mainline National Bank | Portage, PA | OCC | 2011-070 | 3/22/2011 |
The Federal Reserve Board and OCC terminated the following formal agreements.
Terminations of Existing Enforcement Actions
| Company | Location | Regulator | Order/Docket No. | Date |
| Capital One Bank (USA), National Association | Glen Allen, VA | OCC | 2011-078 (EA# 2010-012) | 4/8/2011 |
| Centrust Bank, National Association | Northbrook , IL | OCC | 2011-075 (EA# 2009-089) | 4/20/2011 |
| Centrust Bank, National Association | Northbrook , IL | OCC | 2011-075 (EA# 2009-197) | 4/20/2011 |
| Cornerbank, National Association | Winfield, KS | OCC | 2011-090 (EA# 2008-082) | 5/11/2011 |
| First National Bank of Scottsdale | Scottsdale, AZ | OCC | 2011-088 (EA# 2010-022) | 5/19/2011 |
| Forrest City Bank, National Association | Forrest City, AK | OCC | 2011-089 (EA# 2010-048) | 4/25/2011 |
| Gladewater National Bank | Gladewater, TX | OCC | 2011-092 (EA# 2009-093) | 4/26/2011 |
| Heritage Commerce Corp.; Heritage Bank of Commerce | San Jose, California | Federal Reserve Board | na | 6/9/2011 |
| Southwestern National Bank | Houston, TX | OCC | 2011-077 (EA# 2010-128) | 3/30/2011 |
| The First National Bank of Farragut | Shenandoah, IA | OCC | 2011-076 (EA# 2008-097) | 1/25/2011 |
| The First National Bank of Northfield | Northfield, MN | OCC | 2011-091 (EA# 2009-240) | 3/24/2011 |
The FDIC, National Credit Union Administration and OCC banned 34 individuals from financial institutions through removal-and-prohibition orders. The FDIC issues removal-and-prohibition orders pursuant to Section 8(e), 12 U.S.C. § 1818(e).
Removal / Prohibition Orders
| Employer | Location | Individual | Regulator | Order # | Date |
| ALPS Federal Credit Union | Sitka, Alaska | Weidenhof, Vicki Lynn | NCUA | 11-0007-R5 | 2/25/2011 |
| American Bank and Trust Company, National Association | Davenport, IA | Harry S. Coin | OCC | 2011-062 | 4/22/2011 |
| American Bank Center | Dickerson, ND | Howard R Palmer | FDIC | FDIC-09-205e | 4/15/2011 |
| Bank Leumi USA | New York, NY | Roberto E. Rodriguez | FDIC | FDIC-11-032e | 4/27/2011 |
| Bank of America, National Association | Charlotte, NC | Jesse Montano | OCC | 2011-072 | 4/4/2011 |
| Bank of America, National Association | Charlotte, NC | Jennifer Riggs | OCC | 2011-073 | 4/4/2011 |
| Bank of America, National Association | Charlotte, NC | Deborah Clark | OCC | 2011-084 | 5/19/2011 |
| Bank of the West | San Francisco, CA | Elizabeth Kolling | FDIC | FDIC-10-596e | 5/26/2011 |
| Bank of Yazoo City | Yazoo City, MS | Charles H. Evans, Jr | FDIC | FDIC-10-267e | 5/26/2011 |
| BankFirst Financial Services | Macon, MS | Sherry L. Lofton | FDIC | FDIC-10-580e | 5/13/2011 |
| Citizens Bank of Northern California | Nevada City, CA | Melvin Rohs | FDIC | FDIC-10-632e | 4/27/2011 |
| Community Bank of Mississippi | Forest, MS | Penny Jo Lindsey | FDIC | FDIC-10-001e | 5/26/2011 |
| Community State Bank, National Association | Ankeny, IA | Brian Williams | OCC | 2011-083 | 4/4/2011 |
| Exchange Bank | Santa Rosa, CA | Vanessa Outlaw | FDIC | FDIC-11-154e | 5/26/2011 |
| Farmers and Merchants Bank | Monticello, FL | Ronald Darrin McGlamry | FDIC | FDIC-10-516e | 5/26/2011 |
| First Security Trust and Savings Bank | Elmwood Park, IL | Jeffrey L. Gonsiewski | FDIC | FDIC-09-414e | 4/27/2011 |
| First-Citizens Bank & Trust Company | Raleigh, NC | James Scott Sessoms | FDIC | FDIC-10-750e | 4/27/2011 |
| Flatirons Bank | Boulder, CO | Mark H. Yost | FDIC | FDIC-11-046e | 5/9/2011 |
| Fort Campbell Federal Credit Union | Clarksville, Tenn. | Aimee Rattiff | NCUA | 11-0014-R3 | 5/19/2011 |
| Her Majesty’s Credit Union | Denver, Colorado | Stan Roberson | NCUA | 11-0012-R5 | 4/18/2011 |
| JPMorgan Chase Bank, National Association | Columbus, OH | Belinda Brandimarti | OCC | 2011-085 | 5/31/2011 |
| JPMorgan Chase Bank, National Association | Columbus, OH | Nicole M. Scherer | OCC | 2011-086 | 4/25/2011 |
| JPMorgan Chase Bank, National Association | Columbus, OH | Sarah N. Warden | OCC | 2011-087 | 5/11/2011 |
| Omni National Bank | Atlanta, GA | Karim Walthour Lawrence | OCC | 2011-074 | 4/6/2011 |
| Park Cities Bank | Dallas, TX | Erin N. Lopez | FDIC | FDIC-10-399e | 5/9/2011 |
| PeoplesSouth Bank | Colquitt, GA | James E. Goldsborough | FDIC | FDIC-10-582e | 4/27/2011 |
| Sterling Savings Bank | Spokane, WA | Shannon M. Kuhlman | FDIC | FDIC-11-048e | 5/13/2011 |
| The Cecilian Bank | Cecilian, KY | Jackie K. Watson | FDIC | FDIC-10-299e | 5/9/2011 |
| The First State Bank | Huntsville, TX | Melissa M. Randall | FDIC | FDIC-09-548e | 4/27/2011 |
| The Park Bank | Madison, WI | Amy Strait | FDIC | FDIC-09-283e | 4/27/2011 |
| WesBanco Bank, Inc. | Wheeling, WV | Daniel L. Rice | FDIC | FDIC-11-013e | 5/13/2011 |
| Westernbank Puerto Rico | Mayaguez, PR | Felix Vega-Carrion | FDIC | FDIC-11-039e | 5/9/2011 |
| Yadkin Valley Bank and Trust Company | Elkin, NC | Doris Stroud Renegar | FDIC | FDIC-10-671e | 5/9/2011 |
| Yampa Valley Bank | Steamboat Springs, CO | Lucy A. Middleton | FDIC | FDIC-10-366e | 5/26/2011 |
Civil Money Penalties were issued against 40 companies by the OCC and the FDIC — which noted that such orders are issued pursuant to Section 8(i), 12 U.S.C. § 1818(i).
Final Orders – Civil Money Penalties
| Company | Location | Individual | Regulator | Amount | Order/Docket No. | Date |
| Allegiance Bank Texas | Houston, TX | na | FDIC | $2,500.00 | FDIC-11-149k | 4/11/2011 |
| American Bank & Trust of the Cumberlands | Livington, TN | na | FDIC | $8,085.00 | FDIC-11-159k | 4/14/2011 |
| American Bank and Trust Company, National Association | Davenport, IA | Harry S. Coin | OCC | na | 2011-062 | 4/22/2011 |
| American Bank Center | Dickinson, ND | Howard R. Palmer | FDIC | $5,000.00 | FDIC-09-206k | 4/15/2011 |
| Bank of Maringouin | Maringouin, LA | na | FDIC | $5,000.00 | FDIC-10-866k | 4/20/2011 |
| Bank of Sun Prairie | Sun Prairie, WI | na | FDIC | $1,785.00 | FDIC-10-939k | 5/9/2011 |
| CentreBank | Veedersburg, IN | na | FDIC | $2,695.00 | FDIC-11-114k | 5/9/2011 |
| Century Bank | Lucedale, MS | na | FDIC | $3,000.00 | FDIC-10-834k | 4/14/2011 |
| Citizens Bank & Trust Co. | Marks, MS | na | FDIC | $6,665.00 | FDIC-11-099k | 5/31/2011 |
| Community Bank | Noblesville, IN | na | FDIC | $2,650.00 | FDIC-10-932k | 4/21/2011 |
| Desoto County Bank | Horn Lake, MS | na | FDIC | $3,140.00 | FDIC-10-917k | 5/11/2011 |
| Exchange Bank | Gibbon, NE | na | FDIC | $5,200.00 | FDIC-11-200k | 5/24/2011 |
| Farmers and Merchants Bank | Monticello, FL | Ronald Darrin McGlamry | FDIC | $3,500.00 | FDIC-10-516e; FDIC-10-686k | 5/26/2011 |
| First American Bank | Artesia, NM | na | FDIC | $22,200.00 | FDIC-11-160k | 5/31/2011 |
| First Bank of Coastal Georgia | Pembroke, GA | na | FDIC | $6,500.00 | FDIC-11-108k | 4/8/2011 |
| First State Bank | Tahlequah, OK | na | FDIC | $1,680.00 | FDIC-10-927k | 4/14/2011 |
| HomeStar Bank and Financial Services | Manteno, IL | na | FDIC | $4,500.00 | FDIC-10-840k | 4/18/2011 |
| Louisa Community Bank | Louisa, KY | na | FDIC | $1,500.00 | FDIC-10-736k | 4/18/2011 |
| Michigan Commerce Bank | Ann Arbor, MI | na | FDIC | $5,000.00 | FDIC-11-078k | 4/29/2011 |
| Mid Penn Bank | Millersburg, PA | na | FDIC | $11,000.00 | FDIC-11-164k | 5/16/2011 |
| Midtown Bank & Trust Company | Atlanta, GA | na | FDIC | $6,500.00 | FDIC-11-206k | 5/3/2011 |
| Montgomery Bank & Trust | Ailey, GA | Gregory A. Morris | FDIC | $5,000.00 | FDIC-10-587k | 4/15/2011 |
| Norstates Bank | Waukegan, IL | na | FDIC | $12,000.00 | FDIC-10-730k | 4/29/2011 |
| Norstates Bank | Waukegan, IL | na | FDIC | $950.00 | FDIC-10-731k | 4/29/2011 |
| Pacific National Bank | Miami, FL | Jose Baloyra | OCC | na | 2011-057 | 4/14/2011 |
| Pacific National Bank | Miami, FL | Andres Baquerizo | OCC | na | 2011-058 | 4/14/2011 |
| Pacific National Bank | Miami, FL | Ralph Fernandez | OCC | na | 2011-059 | 4/14/2011 |
| Pacific National Bank | Miami, FL | Eduardo Gross | OCC | na | 2011-060 | 4/14/2011 |
| Pacific National Bank | Miami, FL | Joaquin Urquiola | OCC | na | 2011-061 | 4/14/2011 |
| Plains Capital Bank, PrimeLending | Dallas, Texas | na | Federal Reserve System | $30,780/$73,175 | 11-061-CMP-SM | 5/23/2011 |
| Regent Bank | Nowata, OK | na | FDIC | $7,700.00 | FDIC-10-833k | 4/14/2011 |
| State Bank | Wonder Lake, IL | na | FDIC | $6,000.00 | FDIC-10-820k | 4/14/2011 |
| State Bank of Park Rapids | Park Rapids, MN | Jon P. Smythe | FDIC | $10,000.00 | FDIC-09-149k | 5/26/2011 |
| Texas Bank | Henderson, TX | na | FDIC | $6,000.00 | FDIC-11-117k | 4/28/2011 |
| Texas Savings Bank | Snyder, TX | na | FDIC | $3,395.00 | FDIC-10-872k | 4/14/2011 |
| The Bath State Bank | Bath, IN | na | FDIC | $8,000.00 | FDIC-11-042k | 4/21/2011 |
| The Citizens Bank of Philadelphia | Mississippi, Philadelphia, MS | na | FDIC | $15,030.00 | FDIC-11-155k | 5/31/2011 |
| The First State Bank | Huntsville, TX | Melissa M. Randall | FDIC | $1,000.00 | FDIC-09-720k | 4/27/2011 |
| Union State Bank | Pell City, AL | na | FDIC | $8,000.00 | FDIC-11-157k | 4/19/2011 |
| Vineyard Bank, National Association | Corona, CA | Norman A. Morales | OCC | na | 2011-082 | 5/10/2011 |
Prompt Corrective Actions were issued against five companies by the FDIC pursuant to Section 38, 12 U.S.C. § 1831o.
Final Orders – Prompt Corrective Actions
| Company | Location | Regulator | Order/Docket No. | Date |
| Colorado Capital Bank | Castle Rock, CO | FDIC | FDIC-11-089PCAS | 5/4/2011 |
| Community Bank of Central Wisconsin | Colby, WI | FDIC | FDIC-11-077PCAS | 4/14/2011 |
| Community South Bank | Parsons, TN | FDIC | FDIC-11-086PCAS | 3/18/2011 |
| First International Bank | Plano, TX | FDIC | FDIC-11-189PCAS | 4/5/2011 |
| Summit Bank | Burlington, WA | FDIC | FDIC-11-210PCAS | 4/13/2011 |
Four orders terminating prompt corrective actions were issued by the FDIC.
Terminations of Existing Enforcement Actions
| Company | Location | Regulator | Order/Docket No. | Date |
| First Southern Bank | Batesville, AR | FDIC | FDIC-10-901PCAS | 4/7/2011 |
| Firstier Bank | Louisville, CO | FDIC | FDIC-10-224PCAS | 5/18/2011 |
| Heritage Banking Group | Carthage, MS | FDIC | FDIC-10-907PCAS | 4/21/2011 |
| High Desert State Bank | Albuquerque, NM | FDIC | FDIC-10-017PCAS | 4/4/2011 |
Two adjucated decisions were issued by the FDIC to Frontier State Bank in Oklahoma City (FDIC-07-288b), one on April 12 and another on May 11. In addition, an adjucated decision (FDIC-10-335e) was issued on May 10 against Chinatrust Bank (U.S.A.) in Torrance, Calif.
The FDICÂ reported an amended notice of hearing (FDIC-10-079b and FDIC-10-216k) for Louisville, Ky.-based Republic Bank & Trust Co. as of May 10. A hearing was scheduled by the FDIC for Pacific Rim Bank in Honolulu for July 26 (FDIC-10-471b).
A capital directive (2011-054) was issued by the OCC to Western National Bank in Phoenix, Ariz., on April 4.
Notices were filed on May 11 by the OCC against Joanne Medlock (N11-001) and Donald Shephard (N11-002) of The First National Bank of Valentine in Valentine, Neb.
The FDIC filed notices of hearings for EuroBank (FDIC-10-585b) in Coral Gables, Fla., on May 3 and Marine Bank & Trust Co. (FDIC-10-825b) in Vero Beach, Fla., on May 20.
A restitution order was filed by the OCC against Harry S. Coin (2011-062) of Davenport, Iowa-based American Bank and Trust Company, N.A., on April 22. Another such OCC order was filed against Brian Williams (2011-083) of Community State Bank, N.A., in Ankeny, Iowa, on April 4.
