November’s FDIC cease and desist and other administrative orders

Below is a partial list of November FDIC enforcement decisions and orders. I have only included cease-and-desist orders, prompt corrective action notices and termination of insurance orders as these are the signs of banking system distress.

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. § 1818
Cease-and-Desist

EvaBank, Eva, AL; FDIC-09-341b; Issued 11/18/09 – PDF (PDF Help)

Arrowhead Community Bank, Glendale, AZ; FDIC-09-393b; Issued 11/10/09 – PDF (PDF Help)

Legacy Bank, Scottsdale, AZ; FDIC-09-321b; Issued 11/16/09 – PDF (PDF Help)

American Continental Bank, City of Industry, CA; FDIC-09-658b; Issued 11/30/09 – PDF (PDF Help)

Pacific Valley Bank, Salinas, CA; FDIC-09-556b; Issued 11/24/09 – PDF (PDF Help)

Torrey Pines Bank, San Diego, CA; FDIC-09-448b; Issued 11/16/09 – PDF (PDF Help)

Signature Bank, Windsor, CO; FDIC-09-438b; Issued 10/22/09 – PDF (PDF Help)

Gulf State Community Bank, Carrabelle, FL; FDIC-09-520b; Issued 11/20/09 – PDF (PDF Help)

Peninsula Bank, Englewood, FL; FDIC-09-498b; Issued 11/20/09 – PDF (PDF Help)

First Bank of Jacksonville, Jacksonville, FL; FDIC-09-355b; Issued 11/10/09 – PDF (PDF Help)

Community Bank of Manatee, Lakewood Ranch, FL; FDIC-09-569b; Issued 11/25/09 – PDF (PDF Help)

First Bank of Dalton, Dalton, GA; FDIC-09-413b; Issued 11/17/09 – PDF (PDF Help)

Bank of Ellijay, Ellijay, GA; FDIC-09-338b; Issued 11/24/09 – PDF (PDF Help)

Piedmont Community Bank, Gray, GA; FDIC-08-348b; Issued 11/24/09 – PDF (PDF Help)

Northwest Georgia Bank, Ringgold, GA; FDIC-09-234b; Issued 11/20/09 – PDF (PDF Help)

High Trust Bank, Stockbridge, GA; FDIC-09-486b; Issued 11/20/09 – PDF (PDF Help)

Bank of Shorewood, Shorewood, IL; FDIC-09-392b; Issued 11/24/09 – PDF (PDF Help)

Heritage Bank of Central Illinois, Trivoli, IL; FDIC-09-329b; Issued 11/2/09 – PDF (PDF Help)

American Trust & Savings Bank, Whiting, IN; FDIC-09-511b; Issued 11/24/09 – PDF (PDF Help)

United Bank & Trust Company, Versailles, KY; FDIC-09-485b; Issued 11/18/09 – PDF (PDF Help)

Paragon Bank & Trust, Holland, MI; FDIC-09-352b; Issued 11/10/09 – PDF (PDF Help)

Lakeside Community Bank, Sterling Heights, MI; FDIC-09-326b; Issued 11/18/09 – PDF (PDF Help)

De Witt State Bank, De Witt, NE; FDIC-09-442b; Issued 11/10/09 – PDF (PDF Help)

Mid City Bank, Inc., Omaha, NE; FDIC-09-508b; Issued 11/20/09 – PDF (PDF Help)

Nevada Commerce Bank, Las Vegas, NV; FDIC-09-522b; Issued 11/20/09 – PDF (PDF Help)

The Exchange Bank, Skiatook, OK; FDIC-09-439b; Issued 11/5/09 – PDF (PDF Help)

Allegiance Bank of North America, Bala Cynwyd, PA; FDIC-09-525b; Issued 11/4/09 – PDF (PDF Help)

Equity Bank, SSB, Dallas, TX; FDIC-09-524b; Issued 11/12/09 – PDF (PDF Help)

Advanta Bank Corp., Draper, UT; FDIC-09-651b; Issued 11/24/09 – PDF (PDF Help)

American Marine Bank, Bainbridge Island, WA; FDIC-09-445b; Issued 11/4/09 – PDF (PDF Help)

The Bank of Washington, Lynnwood, WA; FDIC-09-415b; Issued 11/18/09 – PDF (PDF Help)

Regal Financial Bank, Seattle, WA; FDIC-09-558b; Issued 11/30/09 – PDF (PDF Help)

Viking Bank, Seattle, WA; FDIC-09-364b; Issued 11/4/09 – PDF (PDF Help)

Tomahawk Community Bank S.S.B., Tomahawk, WI; FDIC-09-204b; Issued 11/6/09 – PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 38, 12 U.S.C. § 1831o
Prompt Corrective Actions

United Commercial Bank, San Francisco, CA; FDIC-09-614PCAS; Supervisory Prompt Corrective Action Directive; Issued 11/2/09 – PDF (PDF Help)

American Marine Bank, Bainbridge Island, WA; FDIC-09-643PCAS; Supervisory Prompt Corrective Action Directive; Issued 11/20/09 – PDF (PDF Help)

Evergreen Bank, Seattle, WA; FDIC-09-595PCAS; Supervisory Prompt Corrective Action Directive; Issued 11/4/09 – PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 19, 12 U.S.C. §1829
Section 19

Nikita A. Dasilva; FDIC-09-306L; Order Granting Permission to File Application and Approving Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 11/3/09 – PDF (PDF Help)

Paula D. Lawrence; FDIC-09-336L; Order Granting Permission to File Application and Approving Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 11/9/09 – PDF (PDF Help)

Frank C. Lee; FDIC-09-366L; Order Granting Permission to File Application and Approving Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 11/9/09 – PDF (PDF Help)

TERMINATIONS
Order Terminating an Order to Cease and Desist

Prosperan Bank, Oakdale, MN; FDIC-09-400b; Issued 11/24/09 – PDF (PDF Help)