Skip to main content

Calendar Year

1992 in US Banking

2,326 bank events are on record for 1992: 179 failures, 1,066 mergers or acquisitions involving a bank, credit union or bank holding company, and 1,079 enforcement actions.

179
Failures
$89.55B in failed assets
1,066
Mergers
Federal Reserve NIC, banking organizations
1,079
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
2
Assistance
FDIC open-bank assistance

Jump to: Bank failures 1992 · Bank mergers 1992

How many banks failed in 1992?

179 banks failed in 1992, with $89.55B in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
Feb 28, 1992 Irvington FSB Glen Burnie, MD $43.8M Arundel FSB
Feb 28, 1992 Colony Savings Bank Wallingford, CT $35.7M New Haven Savings Bank
Feb 28, 1992 Alpha Indian Rock FS & La Philadelphia, PA $7.2M Roxborough-Manayunk
Feb 27, 1992 Columbia Bank Avondale, AZ $17.0M Valley NB of Arizona
Feb 21, 1992 Dollar DRY Dock Bank White Plains, NY $4.03B Emigrant Savings Bank
Feb 21, 1992 The Bank of Brandywine Valley West Chester, PA $44.9M Wilmington Trust Co
Feb 21, 1992 National City Bank Coral Springs, FL $19.0M Intercontinental Bank
Feb 14, 1992 The Central Savings Bank Lowell, MA $369.1M Massbank for Savings
Feb 7, 1992 United Savings of America, F.A. Melbourne, FL $327.2M Barnett Bank of Central FL
Feb 7, 1992 Merchants National Bank Fort Myers, FL $35.1M Founders National Trust
Feb 7, 1992 Kempton State Bank Kempton, IL $3.6M Vermilion Valley Bank
Feb 6, 1992 Landmark Bank of Forth Worth Fort Worth, TX $80.5M Central Bank&trust
Jan 31, 1992 Pelican Homestead Sa Metairie, LA $1.28B First Commerce Corp.
Jan 31, 1992 Security FSA Panama City, FL $107.1M Branch sale
Jan 31, 1992 Sentinel Bank Hartford, CT $74.8M Society for Savings
Jan 31, 1992 Fountain Bank Scottsdale, AZ $15.6M Bank of Arizona
Jan 30, 1992 Independence Bank Los Angeles, CA $535.8M —
Jan 30, 1992 Atlantic Trust Company Newington, NH $21.2M Fleet Bank-NH
Jan 24, 1992 Crossland Savings Bank, FSB Brooklyn, NY $7.43B Public stock sale
Jan 24, 1992 Banco Nacional, N.A. San Juan, PR $52.1M Eurobank&trust Co
Jan 24, 1992 Advanced FSB Northridge, CA $23.1M Deposit payout
Jan 24, 1992 American National Bank of New York Fleischmanns, NY $18.0M —
Jan 23, 1992 First State Bank Bangs, TX $16.5M Texas Bank
Jan 16, 1992 The Bank of Verde Valley Cottonwood, AZ $10.3M Stockmens Bank
Jan 10, 1992 Perpetual Savings Bank Vienna, VA $2.89B Crestar Bank
Jan 10, 1992 Hansen FSA Hammonton, NJ $572.4M Collective FSB
Jan 10, 1992 The Citizens Bank Dallas, GA $60.6M First NB of Paulding Cou
Jan 10, 1992 Hansen FSB Palm Beach Garden, FL $51.8M Fidelity FSB of FL
Jan 3, 1992 Assured Thrift and Loan Association Stockton, CA $48.2M —

Which banks merged in 1992?

1,066 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1992.

See the fuller list: Bank mergers 1992 with largest deals and credit union mergers ›

Date Acquired St Acquirer
Aug 8, 1992 First Federal Savings and Loan Association of Lenawee County MI Standard Federal Bank
Aug 8, 1992 The Laguna Bank, National Association CA Orange National Bank
Aug 7, 1992 Geneva Capital Corporation WI Firstar Corporation of Wisconsin
Aug 7, 1992 Peoples State Bank of Frazee MN First Integrity Bank, N.A.
Aug 7, 1992 Frazee Bancorporation, Inc. MN First Integrity Bancorporation
Aug 6, 1992 Jackson Township Credit Union NJ First Financial Federal Credit Union
Aug 5, 1992 Singer & Associates, Inc. IL Bankcentral Corporation
Aug 3, 1992 Main Line Bancshares, Inc. PA Keystone Financial, Inc.
Aug 3, 1992 Security Bank of Bollinger County MO Security Bank and Trust Company
Aug 1, 1992 Olympic Savings Bank WA KeyBank National Association
Aug 1, 1992 Wells Fargo Capital Market, Inc. CA Wells Fargo & Company
Aug 1, 1992 State Bank of Burchard NE FirstBank of Nebraska
Aug 1, 1992 Sterling Bankshares, Inc. NE Bank Management, Inc.
Aug 1, 1992 Tony Lama Employees Credit Union TX Golden Key Federal Credit Union
Aug 1, 1992 Helena Railway Employees Federal Credit Union MT Vocal Credit Union
Aug 1, 1992 Burchard Bankshares, Inc. NE Bank Management, Inc.
Aug 1, 1992 Tioga County Empl Fcu PA Tioga Area Federal Credit Union
Aug 1, 1992 Cca - Stonmo Fcu GA Georgia United Credit Union
Aug 1, 1992 Mahco Credit Union, Inc. OH Seven Seventeen Credit Union Inc
Aug 1, 1992 Midway Chemical Employees Federal Credit Union IL Archer Heights Credit Union
Aug 1, 1992 The First National Bank of Cushing TX The Hamilton National Bank
Aug 1, 1992 Kenton Parish Credit Union, Inc. OH Quest Federal Credit Union
Aug 1, 1992 Farmers and Merchants Bank KS Bank IV, National Association
Aug 1, 1992 Exlanco, Inc. MO First Southeast Missouri Bancorporation, Inc.
Aug 1, 1992 Cleveland Federal Credit Union MS Shelby Federal Credit Union
Aug 1, 1992 Stansanco Credit Union KY Altra Federal Credit Union
Aug 1, 1992 Honfed, a Federal Savings Bank HI Bank of America Federal Savings Bank
Aug 1, 1992 The First National Bank of Bonham TX The Hamilton National Bank
Aug 1, 1992 Lyons N Y C Credit Union IL Danville Bell Credit Union
Aug 1, 1992 Bank of Sterling NE FirstBank of Nebraska
Aug 1, 1992 Rock-Winn Credit Union IL Rockford Municipal Employees Credit Union
Aug 1, 1992 Foster County Cooperative Federal Credit Union ND Community Credit Union
Aug 1, 1992 Ozarks National Bank MO Bank Star One
Jul 31, 1992 Marlborough Municipal Employees Federal Credit Union MA Saint Mary's Credit Union
Jul 31, 1992 First Midwest Bancshares, Inc. KY South Central Bancshares, Inc.
Jul 31, 1992 Bureau Credit Union MN Topline Financial Credit Union
Jul 29, 1992 First Community Bancshares IL First Community Bancshares Corp.
Jul 27, 1992 Thrift Savings and Loan Company OH The Provident Bank
Jul 27, 1992 Peoples Federal Savings and Loan Association KY The Provident Bank of Kentucky
Jul 27, 1992 Merit Savings Association OH The Provident Bank
Jul 27, 1992 Suburban Federal Savings and Loan Association KY The Provident Bank of Kentucky
Jul 25, 1992 Suburban Employees Federal Credit Union NJ Emery Federal Credit Union
Jul 25, 1992 Cheltenham Township Employees Federal Credit Union PA American Heritage Federal Credit Union
Jul 24, 1992 First of America Bank-Wabash Valley IN First of America Bank-Indiana
Jul 24, 1992 Citizens Bank of Gibson County, National Association IN The Citizens National Bank of Evansville
Jul 24, 1992 Citizens Bank of Vincennes IN The Citizens National Bank of Evansville
Jul 24, 1992 Win Bancorp Incorporated IL FB Corporation
Jul 24, 1992 Citizens Bank of Posey County, National Association IN The Citizens National Bank of Evansville
Jul 24, 1992 The First National Bank of Pennsylvania PA Marine Bank
Jul 24, 1992 Mammoth Employees Credit Union KY Transcend Credit Union

The list holds 500 of the 1,066 mergers recorded for 1992.

Enforcement Actions in 1992

Action date Agency Institution Action
May 19, 1992 OCC Texas National Bank Prohibition/Removal Orders: Riddle, John C.
May 18, 1992 OCC_OTS Fidelity Federal Savings Bank Civil Money Penalty: Frederick H., Jr Howalt
May 18, 1992 OCC Rock Hill National Bank Civil Money Penalty (CMP): Walker, Elvin F.
May 18, 1992 OCC Rock Hill National Bank Civil Money Penalty (CMP): Faircloth, Frederick W.
May 18, 1992 OCC Rock Hill National Bank Civil Money Penalty (CMP): Barnes, John M.
May 18, 1992 OCC_OTS Delta Federal Savings Bank Orders of Removal/Prohibition: Ba Xuan Nguyen
May 18, 1992 OCC_OTS Fidelity Federal Savings Bank Civil Money Penalty: Roger Williams
May 18, 1992 OCC_OTS Hawthorne Savings and Loan Association Civil Money Penalty: Hawthorne Savings and Loan Association
May 18, 1992 OCC_OTS Carteret Federal Savings Bank Cease and Desist: Robert Pierson
May 18, 1992 OCC_OTS Carteret Federal Savings Bank Cease and Desist: Robert J. Mueller
May 15, 1992 OCC NBC Bank - Eagle Pass, National Association Formal Agreement: NBC Bank - Eagle Pass, National Association
May 14, 1992 OCC National Bank of Conroe Civil Money Penalty (CMP): National Bank Of Conroe
May 14, 1992 OCC World Trade Bancorp Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): World Trade Bank, National Association
May 14, 1992 OCC_OTS Marine View Federal Savings Bank Civil Money Penalty: John A. Bahrs
May 14, 1992 OCC_OTS Damen Federal Bank for Savings Supervisory Agreement: Damen Federal Bank for Savings
May 14, 1992 OCC_OTS Western Financial Savings Bank Supervisory Agreement: Western Financial Savings Bank
May 13, 1992 OCC (individual) Civil Money Penalty (CMP): Nix, Jimmy E.
May 13, 1992 OCC_OTS First Savings Bank Civil Money Penalty: Dean Gackstetter
May 13, 1992 OCC_OTS Mitchell Home Savings & Loan Association Orders of Removal/Prohibition: Betty Lynn
May 13, 1992 OCC First Community Bank, N.A. Prohibition/Removal Orders: Nix, Jimmy E.
May 13, 1992 OCC First Community Bank, N.A. Prohibition/Removal Orders: Garrison, W. Gene
May 13, 1992 OCC (individual) Civil Money Penalty (CMP): Garrison, W. Gene
May 12, 1992 OCC_OTS Fidelity Federal Savings Bank Civil Money Penalty: Hugh L. Kemp
May 12, 1992 OCC McAllen National Bank Formal Agreement: McAllen National Bank
May 12, 1992 OCC_OTS Talladega Federal Savings and Loan Association Civil Money Penalty: Dan B., III Harris
May 12, 1992 OCC_OTS Fidelity Federal Savings Bank Civil Money Penalty: A.W. Smith
May 12, 1992 OCC_OTS United Savings and Loan Bank Supervisory Agreement: United Savings and Loan Bank
May 12, 1992 OCC_OTS Fidelity Federal Savings Bank Civil Money Penalty: William J. Chappell
May 12, 1992 OCC_OTS Talladega Federal Savings and Loan Association Civil Money Penalty: William F., Sr. Perry
May 12, 1992 OCC_OTS Talladega Federal Savings and Loan Association Civil Money Penalty: William F. Killough
May 12, 1992 OCC_OTS Talladega Federal Savings and Loan Association Civil Money Penalty: Robert F. Searcy
May 12, 1992 OCC_OTS Talladega Federal Savings and Loan Association Civil Money Penalty: John W. Bryand
May 12, 1992 OCC_OTS Fidelity Federal Savings Bank Civil Money Penalty: Jim T. Giffin
May 12, 1992 OCC_OTS Fidelity Federal Savings Bank Civil Money Penalty: James M. Gowin
May 12, 1992 OCC_OTS Fidelity Federal Savings Bank Civil Money Penalty: Harvey F., Jr. Howalt
May 12, 1992 OCC_OTS Talladega Federal Savings and Loan Association Civil Money Penalty: Harold E. Clark
May 12, 1992 OCC_OTS Fidelity Federal Savings Bank Civil Money Penalty: George I. Haigler
May 12, 1992 OCC_OTS Fidelity Federal Savings Bank Civil Money Penalty: Don Thomas
May 11, 1992 OCC Everman National Bank of Fort Worth Civil Money Penalty (CMP): Owen, Tommie J.
May 8, 1992 OCC_OTS (individual) Supervisory Agreement: Mutual Savings Bank, FSB
May 8, 1992 OCC Lakeside National Bank of Lake Charles Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Lakeside National Bank Of Lake Charles
May 8, 1992 OCC Citizens First National Bank of New Jersey Civil Money Penalty (CMP): Iommazzo, Robert J.
May 8, 1992 OCC Citizens First National Bank of New Jersey Prohibition/Removal Orders: Iommazzo, Robert J.
May 8, 1992 OCC_OTS First Ohio Savings Bank, F.S.B. Civil Money Penalty: Donald R. Stautberg
May 8, 1992 OCC_OTS First Federal Savings Bank of Dover Supervisory Agreement: First Federal Savings Bank of Dover
May 6, 1992 OCC The City National Bank and Trust Company of Guymon Civil Money Penalty (CMP): City National Bank and Trust Company of Guymon, The
May 6, 1992 OCC (individual) Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Duncanville National Bank
May 6, 1992 OCC The City National Bank and Trust Company of Guymon Civil Money Penalty (CMP): Jackson, A. L
May 6, 1992 OCC First National Bank of Luverne Formal Agreement: First National Bank In Garretson
May 6, 1992 OCC The City National Bank and Trust Company of Guymon Civil Money Penalty (CMP): Webster, Jimmy R.

FDIC Open-Bank Assistance in 1992

Date Institution HQ Assets
Dec 10, 1992 Citizens State Bank Princeton, TX $12.9M
Oct 16, 1992 Freedom Bank Ranger, TX $20.9M

Browse adjacent years: 1991 · 1993

Or jump to a category: Failures · Mergers · Enforcement · Assistance