Of more than 60 recent regulatory orders against U.S. financial institutions, the majority were issued by the Federal Deposit Insurance Corporation.
The FDIC reported that it processed 48 enforcement actions and matters during September. Activity was equal to August’s.
Cease-and-desist orders, which bank failures are often preceded by, were announced against the following financial institutions.
| Institution | Location | Regulator | Order Date | Order Number |
| Atlantic Southern Bank | Macon, Ga. | FDIC | Sep. 11 | FDIC-09-225b |
| Business Bank | Burlington, Wash. | FDIC | Sep. 1 | FDIC-09-406b |
| Citizens Bank and Trust Company of Chicago | Chicago | FDIC | Sep. 29 | FDIC-09-248b |
| Citizens Bank and Trust Company of Chicago | Chicago | FDIC | Sep. 29 | FDIC-09-272b |
| First Bank | Williamstown, N.J. | FDIC | Sep. 30 | FDIC-09-378b |
| First Cherokee State Bank | Woodstock, Ga. | FDIC | Sep. 11 | FDIC-09-192b |
| First Mariner Bank | Baltimore | FDIC | Sep. 18 | FDIC-09-302b |
| Fox River State Bank | Burlington, Wis. | FDIC | Sep. 11 | FDIC-09-226b |
| Freedom Bank | Sterling, Ill. | FDIC | Sep. 18 | FDIC-09-253b |
| Gunnison Valley Bank | Gunnison, Utah | FDIC | Sep. 25 | FDIC-09-323b |
| Highland Community Bank | Chicago | FDIC | Sep. 15 | FDIC-08-240b |
| Hillcrest Bank Florida | Naples, Fla. | FDIC | Sep. 28 | FDIC-09-466b |
| Maple Bank | Champlin, Minn. | FDIC | Sep. 23 | FDIC-09-395b |
| Peoples Bank & Trust Co. | Owenton, Ky. | FDIC | Sep. 30 | FDIC-09-331b |
| Peoples State Bank | Hamtramck, Mich. | FDIC | Sep. 18 | FDIC-09-129b |
| Prosperan Bank | Oakdale, Minn. | FDIC | Sep. 10 | FDIC-09-400b |
| Rainier Pacific Bank | Tacoma, Wash. | FDIC | Sep. 30 | FDIC-09-521b |
| Regal Financial Bank | Seattle | FDIC | Sep. 3 | FDIC-09-388b |
| Sunrise Bank | Albuquerque | FDIC | Sep. 29 | FDIC-09-523b |
| Sunshine State Community Bank | Port Orange, Fla. | FDIC | Sep. 21 | FDIC-09-324b |
| Tamalpais Bank | San Rafael, Calif. | FDIC | Sep. 15 | FDIC-09-363b |
| United Commercial Bank | San Francisco | FDIC | Sep. 3 | FDIC-09-490b |
| Valley Bank | Fort Lauderdale, Fla. | FDIC | Sep. 18 | FDIC-09-252b |
| Valley Bank | Moline, Ill. | FDIC | Sep. 18 | FDIC-09-254b |
| Washington First International Bank | Seattle | FDIC | Sep. 1 | FDIC-09-284b |
| Western Commercial Bank | Woodland Hills, Calif. | FDIC | Sep. 18 | FDIC-09-370b |
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 Eagle Financial Corp. | Otsego, Minn. | Federal Reserve Bank of Minnesota | Oct. 9 | 09-127-WA/RB-HC |
| Ames Community Bank, Ogden BancShares Inc., VisionBank of Iowa | Boone and West Des Moines, Iowa | Federal Reserve Bank of Chicago; Iowa Division of Banking, Superintendent of Banking | Oct. 23 | 09-148-WA/RB-HC, 09-149-WA/RB-SM, 09-150-WA/RB-SM |
| Appalachian Bancshares Inc. | Ellijay, Ga. | Federal Reserve Bank of Atlanta; State of Georgia, Department of Banking and Finance | Oct. 29 | 09-159-WA/RB-HC |
| Bank of Bartlett, West Tennessee Bancshares Inc. | Bartlett, Tenn. | Federal Reserve Bank of Saint Louis | Oct. 22 | 09-147-WA/RB-HC, 09-147-WA/RB-SM |
| Bank of Commerce, Commerce Bancshares Inc. | Catoosa and Chelsea, Okla. | Federal Reserve Bank of Kansas City | Oct. 26 | 09-144-WA/RB-HC 09-144-WA/RB-SM |
| Bankers’ Bancorporation of Florida Inc., Independent Bankers’ Bank of Florida | Lake Mary, Fla. | Federal Reserve Bank of Atlanta; State of Florida, Office of Financial Regulation | Oct. 29 | 09-154-WA/RB-HC, 09-154-WA/RB-SM |
| Cascade Bancorp | Bend, Ore. | Federal Reserve Bank of San Francisco; State of Oregon, Department of Consumer and Business Services, Division of Finance and Corporate Securities | Oct. 26 | 09-165-WA/RB-HC |
| Citizens First State Bank of Walnut | Walnut, Ill. | Federal Reserve Bank of Chicago; Illinois Department of Financial and Professional Regulation, Division of Banking | Oct. 29 | 09-175-WA/RB-SM 2009-DB-93 |
| Desert Hills Capital Corp. | Phoenix | Federal Reserve Bank of San Francisco | Oct. 29 | 09-166-WA/RB-HC |
| EvergreenBancorp Inc. | Seattle | Federal Reserve Bank of San Francisco | Oct. 23 | 09-169-WA/RB-HC |
| First Banking Center, First Banking Center Inc. | Burlington, Wis. | Federal Reserve Bank of Chicago, State of Wisconsin Department of Financial Institutions | Oct. 23 | 09-163-WA/RB-HC, 09-163-WA/RB-SM |
| Georgia Bancshares Inc. | Peachtree City, Ga. | Federal Reserve Bank of Atlanta, Banking Commissioner of the State of Georgia | Oct. 29 | 09-153-WA/RB-HC |
| Hanmi Bank, Hanmi Financial Corp. | Los Angeles | Federal Reserve Bank of San Francisco | Nov. 2 | 09-141-WA/RB-HC, 09-141-WA/RB-SM |
| Merchants Bancorp | Gresham, Ore. | Federal Reserve Bank of San Francisco, Oregon Department of Consumer and Business Services–Division of Finance and Corporate Securities | Oct. 23 | 09-167-WA/RB-HC |
The following banks faced removal-prohibition orders.
| Institution | Location | Regulator | Order Date | Order Number |
| Amedee, Antoinette P. of Coastal Commerce Bank | Houma, La. | FDIC | Sep. 14 | FDIC-08-277e |
| Balsamico, Loretta K. of Citizens Savings Bank | Bogalusa, La. | FDIC | Sep. 13 | FDIC-08-042e |
| Boulais, Tammy R. of First Community Bank | Lee’s Summit, Mo. | FDIC | Sep. 23 | FDIC-09-268e |
| Bruch, Jill A. of Westside Savings Bank | Westside, Iowa | FDIC | Sep. 23 | FDIC-09-123e |
| Clark, Diamantina aka Tina Clark of International Bank of Commerce | Laredo, Texas | FDIC | Sep. 14 | FDIC-08-345e |
| Hamler, Jamila of Citizens Bank of Pennsylvania | Philadelphia | FDIC | Sep. 14 | FDIC-08-214e |
| Holzinger, Lisa A. of Northeast Bank | Minneapolis | FDIC | Sep. 14 | FDIC-09-198e |
| Lynch, Dawn of First American Bank | Carpentersville, Ill. | FDIC | Sep. 14 | FDIC-07-039e |
| Markham, Justin W. of The People Bank | Biloxi, Miss. | FDIC | Sep. 14 | FDIC-08-181e |
| Peterson, Troy J. of Foundation First Bank f/k/a Western State Bank | Waterloo, Neb. | FDIC | Sep. 23 | FDIC-08-323e |
| Pinho, Carlos of Crown Bank | Ocean City, N.J. | FDIC | Sep. 23 | FDIC-09-314e |
| Shannon, Phyllis N. of Boston Private Bank & Trust Co. | Boston | FDIC | Sep. 23 | FDIC-08-362e |
The following civil money penalties were issued.
| Institution | Location | Regulator | Order Date | Order Number | Amount |
| Community Central Bank | Mount Clemens, Mich. | FDIC | Sep. 9 | FDIC-07-107k | $3,500 |
| Farmers and Merchants BankPrivateBank and Trust Co., Successor in Interest to The Private Bank | Timberville, Va. | Federal Reserve Board | Nov. 2 | Docket No. 09-140-CMP-SM./RB-SM | $3,850 |
| The Pecos County State Bank | Fort Stockton, Texas | FDIC | Sep. 4 | FDIC-09-379k | $4,200 |
| Peterson, Troy J. of Foundation First Bank f/k/a Western State Bank | Waterloo, Neb. | FDIC | Sep. 23 | FDIC-08-324k | $10,000 |
| PrivateBank and Trust Co., successor in interest to The Private Bank | Chicago | FDIC | Sep. 11 | FDIC-09-343k | $2,550 |
| West Suburban Bank | Lombard, Ill. | FDIC | Sep. 23 | FDIC-08-381k | $7,000 |
| West Suburban Bank | Lombard, Ill. | FDIC | Sep. 23 | FDIC-08-385k | $7,000 |
Prompt corrective actions were filed against the following firms.
| Institution | Location | Regulator | Order Date | Order Number |
| Rainier Pacific Bank | Tacoma, Wash. | FDIC | Sep. 8 | FDIC-09-489PCAS |
| SolutionsBank | Overland Park, Kan. | Federal Reserve Board | Oct. 23 | Docket No. 09-152-PCA-SM |
| Washita State Bank | Burns Flat, Okla. | FDIC | Sep. 18 | FDIC-09-491PCAS |
A voluntary termination of insurance (number FDIC-09-256p) was issued by the FDIC on Sept. 29 for Putnam Fiduciary Trust Co. in Boston, Mass.
An order was issued that terminated a cease-and-desist order against failed Colonial Bank in Montgomery, Ala.
Finally, the FDIC said an administrative hearing has been scheduled on Nov. 18 for Bank 1st in Albuquerque, N.M.
