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
Dec 18, 1992	The Rushville National Bank	Rushville, IN	$41.6M	Peoples Trust Co
Dec 18, 1992	The Bremen State Bank	Bremen, KS	$2.7M	—
Dec 11, 1992	Meritor Savings Bank	Philadelphia, PA	$4.13B	Mellon Bank National Ass
Dec 11, 1992	Eastland Savings Bank	Woonsocket, RI	$515.3M	Fleet National Bank
Dec 11, 1992	Eastland Bank	Woonsocket, RI	$85.4M	Fleet National Bank
Dec 11, 1992	Sailors & Merchants B&T Co.	Vienna, VA	$34.8M	First Union Bank of Virg
Dec 8, 1992	Palm Beach FSA	Palm Beach Garden, FL	$59.4M	Southbank, a FSB
Dec 4, 1992	Carteret FSB	Madison, NJ	$4.83B	Branch sale
Dec 4, 1992	Second National, FSB	Salisbury, MD	$1.57B	Branch sale
Dec 4, 1992	Heritage Bank for Savings	Holyoke, MA	$1.29B	Fleet Bank of Ma N.A.
Dec 4, 1992	Security Federal	Vineland, NJ	$1.19B	Meridian Bank, NJ
Dec 4, 1992	Burritt Interfinancial Bancorporation	New Britain, CT	$523.9M	Derby Savings Bank
Dec 4, 1992	Huntington Pacific Thrift & Loan	Huntington, CA	$40.5M	—
Nov 20, 1992	The Merchants Bank	Kansas City, MO	$1.45B	Boatmen's First NB of KC
Nov 20, 1992	Polifly FS & La	New Milford, NJ	$458.0M	Branch sale
Nov 20, 1992	Irving FB for Savings	Chicago, IL	$247.0M	Branch sale
Nov 20, 1992	Crestline FS & La	Crestline, OH	$27.5M	Premier B&T
Nov 13, 1992	First New York Bank for Business	New York, NY	$530.7M	Merchants Bank of New Yo
Nov 13, 1992	Metro North State Bank	Kansas City, MO	$472.5M	Boatmen's First NB of KC
Nov 13, 1992	Guaranty-First Trust Company	Waltham, MA	$353.2M	Fleet Bank of Ma N.A.
Nov 13, 1992	The Overland Park FS & La	Overland Park, KS	$213.4M	Conservative SB, FSB
Nov 13, 1992	Investors Bank and Trust Company	Gretna, LA	$51.6M	Delta Bank&trust Co
Nov 13, 1992	Statewide Thrift and Loan Co.	Redwood City, CA	$9.6M	Fireside Thrift Co
Nov 6, 1992	First FSB of Georgia, F.A.	Winder, GA	$108.2M	Branch sale
Nov 6, 1992	Greenwood Bank of Bethel, Inc.	Bethel, CT	$33.3M	Union SB of Danbury
Oct 30, 1992	First City, Texas - Houston, N.A.	Houston, TX	$2.80B	Texas Commerce Bancshares
Oct 30, 1992	First City, Texas - Dallas, N.A.	Dallas, TX	$1.36B	Texas Commerce Bancshares
Oct 30, 1992	Homestead FSA	San Francisco, CA	$1.31B	Branch sale
Oct 30, 1992	First City, Texas - Beaumont, N.A.	Beaumont, TX	$532.2M	Texas Commerce Bancshares
Oct 30, 1992	First City, Texas - Corpus Chris	Corpus Christi, TX	$462.8M	Mercantile Bank, N.A.
Oct 30, 1992	First City, Texas - El Paso, N.A.	El Paso, TX	$395.9M	Sunwest Bank of El Paso
Oct 30, 1992	First City, Texas - Austin, N.A.	Austin, TX	$345.5M	The Frost National Bank
Oct 30, 1992	First City, Texas - Bryan, N.A.	Bryan, TX	$340.2M	Victoria Bank and Trust
Oct 30, 1992	First City, Texas - Midland, N.A.	Midland, TX	$313.1M	Texas Commerce Bancshares
Oct 30, 1992	First City, Texas - San Antonio	San Antonio, TX	$265.7M	The Frost National Bank
Oct 30, 1992	First City, Texas - Tyler, N.A.	Tyler, TX	$259.2M	First Commercial Corporatio
Oct 30, 1992	First City, Texas - Lufkin, N.A.	Lufkin, TX	$156.6M	First Commercial Corporatio
Oct 30, 1992	First City, Texas - San Angelo,	San Angelo, TX	$142.8M	First National Bank of West
Oct 30, 1992	First City, Texas - Orange, N.A.	Orange, TX	$132.0M	First Heights Bank, FSB
Oct 30, 1992	First City, Texas - Alice, N.A.	Alice, TX	$128.0M	Alice Bank of Texas
Oct 30, 1992	First City, Texas - Madisonville	Madisonville, TX	$123.4M	Madisonville State Bank
Oct 30, 1992	First City, Texas - Lake Jackson	Lake Jackson, TX	$104.3M	First Heights Bank, FSB
Oct 30, 1992	First City, Texas - Graham, N.A.	Graham, TX	$95.4M	First National Bank of Olne
Oct 30, 1992	First City, Texas - Sour Lake	Sour Lake, TX	$53.5M	Citizens Bank
Oct 30, 1992	First City, Texas - Aransas Pass	Aransas Pass, TX	$51.7M	Corpus Christi National Ban
Oct 30, 1992	First City, Texas - Kountze, N.A.	Kountze, TX	$51.3M	Citizens Bank
Oct 21, 1992	Standard FSB	Gaithersburg, MD	$1.72B	Branch sale
Oct 16, 1992	Security FS & La	Jackson, MS	$276.5M	Branch sale
Oct 16, 1992	Universal Bank	Lanham, MD	$18.0M	—
Oct 9, 1992	Peidmont FSA	Manassas, VA	$444.6M	Crestar Bank

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
Sep 19, 1992	Burbank National Bank	CA	American Independent Bank, National Association
Sep 19, 1992	Crater Bank	OR	Western Bank
Sep 19, 1992	Illini Bank-Elkhart	IL	Illini Bank - North
Sep 18, 1992	Carpenters' Local 210 Federal Credit Union	CT	Western Connecticut Federal Credit Union
Sep 18, 1992	First American Savings Bank, FSB	OH	Charter One Bank, National Association
Sep 18, 1992	North Iowa State Bank	IA	Liberty Bank and Trust
Sep 17, 1992	Newtown Federal Credit Union	CT	Western Connecticut Federal Credit Union
Sep 16, 1992	Benbrook State Bank	TX	Heritage National Bank
Sep 15, 1992	Geibank Industrial Bank	CO	The Minnequa Bank of Pueblo
Sep 14, 1992	Manufacturers Bank, National Association	MI	Comerica Bank
Sep 12, 1992	Star Bank, South Central Ohio	OH	Star Bank, National Association, Tri State
Sep 12, 1992	Jersey Shore Savings and Loan Association	NJ	Santander Bank, N.A.
Sep 12, 1992	Federated Bank, S.S.B.	WI	Firstar Bank Milwaukee, National Association
Sep 12, 1992	El Paso State Bank	TX	Norwest Bank El Paso, National Association
Sep 10, 1992	Kansas National Bank and Trust Company	KS	Bank IV, National Association
Sep 10, 1992	KNB Bancshares, Inc.	KS	Fourth Financial Corporation
Sep 10, 1992	American Republic Bancorp	CA	Republic Bank
Sep 9, 1992	After Six Fcu	PA	Sun East Federal Credit Union
Sep 8, 1992	City Bancorp of Norman, Inc.	OK	First Fidelity Bancorp, Inc.
Sep 8, 1992	City National Bank & Trust Company	OK	First Fidelity Bank
Sep 5, 1992	Sunrise Bank for Savings, F.S.B.	KY	PNC Bank, Northern Kentucky, National Association
Sep 5, 1992	NCNB Bancorporation, Inc.	FL	C&S/Sovran Corporation
Sep 5, 1992	Usbancorp, Inc.	FL	C&S/Sovran Corporation
Sep 5, 1992	First Lima National Bank of Lima, Ohio	OH	(unnamed)
Sep 4, 1992	Coca-Cola Employees Credit Union	UT	Mountain America Federal Credit Union
Sep 4, 1992	Security Pacific Bank Washington, N.A.	WA	Bank of America NW, National Association
Sep 4, 1992	First Peoples Financial Corporation	NJ	Corestates Financial Corp
Sep 4, 1992	(unnamed)	—	NationsBank of Florida, National Association
Sep 4, 1992	Nationsbank Trust Company Florida, N.A.	FL	NationsBank of Florida, National Association
Sep 2, 1992	Southtrust of Northwest Florida, Inc.	FL	Southtrust of Florida, Incorporated
Sep 2, 1992	Petrolite Employees Credit Union	MO	Arsenal Credit Union
Sep 1, 1992	Vectra Bank of Lakewood	CO	Vectra Bank
Sep 1, 1992	First Gibraltar Bank, a Federal Savings Bank Plano	TX	California Federal Bank
Sep 1, 1992	Jefferson Bancorp, Inc.	IL	Banc One Illinois Corporation
Sep 1, 1992	Savannah Electric and Power Employees Credit Union	GA	Powerco Federal Credit Union
Sep 1, 1992	Bancard Corporation of Montana	MT	Bank of Montana, National Association
Sep 1, 1992	Ameriwest Bancor, Inc.	AZ	Bank of Scottsdale
Sep 1, 1992	Bank of Montana Anaconda	MT	Bank of Montana, National Association
Sep 1, 1992	Bank of Montana Village	MT	Bank of Montana, National Association
Sep 1, 1992	Bank of Montana Big Sandy	MT	Bank of Montana, National Association
Sep 1, 1992	Southeastern Indiana Federal Credit Union	IN	Cinco Family Financial Center Credit Union
Sep 1, 1992	Vectra Bank of Denver	CO	Vectra Bank
Sep 1, 1992	Saint Joseph Mantua Federal Credit Union	OH	Saints Margaret & Gregory Federal Credit Union
Sep 1, 1992	Nescor Federal Credit Union	OH	S T O F F E Federal Credit Union
Sep 1, 1992	Heartland Ca Federal Credit Union	CA	Arrowhead Federal Credit Union
Sep 1, 1992	Bank of Montana Eastside	MT	Bank of Montana, National Association
Sep 1, 1992	Bank of Montana Havre	MT	Bank of Montana, National Association
Sep 1, 1992	Bank of Montana Conrad	MT	Bank of Montana, National Association
Sep 1, 1992	Bank of Montana Rudyard	MT	Bank of Montana, National Association
Sep 1, 1992	Bank of Montana Chester	MT	Bank of Montana, National Association

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

Enforcement Actions in 1992

Action date	Agency	Institution	Action
Mar 23, 1992	OCC	American Bank and Trust Company	Civil Money Penalty (CMP): Pritchard, Jim L.
Mar 22, 1992	OCC	The Ramsey National Bank and Trust Co. of Devils Lake	Formal Agreement: The Ramsey National Bank And Trust Co. Of Devils Lake
Mar 21, 1992	OCC_OTS	International Savings and Loan Association LTD	Supervisory Agreement: International Savings and Loan Association
Mar 20, 1992	OCC	The National Bank of Washington	Civil Money Penalty (CMP): Fleming, W. Thomas
Mar 20, 1992	OCC_OTS	(individual)	Cease and Desist: Darland L. Krisman
Mar 20, 1992	OCC	Credit One Bank, N.A.	Civil Money Penalty (CMP): Rice, Alvin C.
Mar 20, 1992	OCC_OTS	First Ohio Savings Bank, F.S.B.	Civil Money Penalty: Wilbur H. Apking
Mar 20, 1992	OCC_OTS	Lufkin Federal Savings and Loan Association	Civil Money Penalty: Benjamin D. Winston
Mar 20, 1992	OCC_OTS	(individual)	Civil Money Penalty: Great Plains Financial Corporation
Mar 19, 1992	OCC	Pacific National Corporation	Formal Agreement: Pacific National Bank of Nantucket
Mar 19, 1992	OCC_OTS	Lehigh Savings and Loan Association	Orders of Removal/Prohibition: David Margolis
Mar 19, 1992	OCC_OTS	(individual)	Orders of Removal/Prohibition: George E. Cain
Mar 19, 1992	OCC_OTS	Lehigh Savings and Loan Association	Orders of Removal/Prohibition: Mildred Margolis
Mar 19, 1992	OCC	National Bank of Conroe	Civil Money Penalty (CMP): Rice, Robert L.
Mar 19, 1992	OCC	Broad National Bancorporation	Formal Agreement: Broad National Bank
Mar 19, 1992	OCC	National Bank of Conroe	Prohibition/Removal Orders: Rice, Robert L.
Mar 19, 1992	OCC_OTS	(individual)	Orders of Removal/Prohibition: Sumner Gladstone
Mar 19, 1992	OCC_OTS	Republic Bank & Trust Company	Supervisory Agreement: Republic Savings Bank, F.S.B.
Mar 18, 1992	OCC_OTS	(individual)	Supervisory Agreement: First Federal Savings and Loan Assocaition
Mar 18, 1992	OCC_OTS	Penn Bancshares, Inc.	Orders of Removal/Prohibition: Arthur P. Musialowicz
Mar 17, 1992	OCC_OTS	Rochelle Savings and Loan Association	Cease and Desist: Rochelle Savings and Loan Association
Mar 17, 1992	FRB	Florida First International Bank	Written Agreement: Florida First International Bank, Hollywood, FL
Mar 17, 1992	OCC_OTS	Security Federal Savings & Loan Association	Supervisory Agreement: Security Federal Savings and Loan Association of Cleveland
Mar 17, 1992	OCC	The First National Bank of Van Alstyne	Civil Money Penalty (CMP): Selby, O. M.
Mar 17, 1992	OCC	First National Bank of Sulphur Springs	Civil Money Penalty (CMP): Palmer, Rick L.
Mar 17, 1992	OCC	Jefferson National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Jefferson National Bank
Mar 16, 1992	FRB	(individual)	Written Agreement: Northeast Bancorp, Inc., New Haven, CT
Mar 16, 1992	OCC_OTS	Merchants Bank of Boston, a Co-Operative Bank	Supervisory Agreement: Greater Boston Bank, A Co-operative Bank
Mar 16, 1992	OCC_OTS	Fulton Federal Savings Association	Orders of Removal/Prohibition: Dan Eugene Mealor
Mar 16, 1992	OCC_OTS	Glen Rock Savings Bank	Supervisory Agreement: Glen Rock Savings Bank
Mar 16, 1992	OCC_OTS	Penn Bancshares, Inc.	Cease and Desist: Penn Federal Savings Bank
Mar 13, 1992	OCC	City National Bank of Irving	Prohibition/Removal Orders: Taylor, Richard
Mar 13, 1992	OCC	Highlands Community Bank, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Highlands Community Bank, N.A.
Mar 13, 1992	OCC_OTS	Ameribanc Financial Corporation	Supervisory Agreement: Ameribanc Savings Bank, FSB
Mar 12, 1992	OCC	(individual)	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Western Security Bank, N.A.
Mar 11, 1992	OCC_OTS	Lincoln Savings and Loan Association, F.A.	Cease and Desist: Lynn T. Fisher
Mar 11, 1992	OCC	Palmer National Bancorp, Inc.	Formal Agreement: Palmer National Bank
Mar 11, 1992	OCC_OTS	Lufkin Federal Savings and Loan Association	Civil Money Penalty: Simon W., III Henderson
Mar 11, 1992	OCC_OTS	Lincoln Savings and Loan Association, F.A.	Orders of Removal/Prohibition: Karen E. Katzman
Mar 11, 1992	FRB	Greater Chicago Financial Corp.	Written Agreement: Greater Chicago Financial Corporation, Chicago, IL
Mar 11, 1992	OCC_OTS	Lincoln Savings and Loan Association, F.A.	Orders of Removal/Prohibition: Peter M. Fishbein
Mar 11, 1992	OCC_OTS	Annapolis Federal Savings Bank	Supervisory Agreement: Annapolis Federal Savings Bank
Mar 10, 1992	OCC_OTS	Fulton Federal Savings Association	Orders of Removal/Prohibition: James Gordon Golden
Mar 10, 1992	OCC_OTS	Sun World Federal Savings Bank	Supervisory Agreement: Sun World Federal Savings Bank
Mar 9, 1992	OCC	The First National Bank of Rowena	Formal Agreement: The First National Bank Of Rowena
Mar 6, 1992	OCC_OTS	(individual)	Orders of Removal/Prohibition: Rickie K. Miyake
Mar 6, 1992	OCC_OTS	Surety Financial Services	Supervisory Agreement: Surety Federal Savings Bank
Mar 6, 1992	OCC	Mesa National Bank	Civil Money Penalty (CMP): Mesa National Bank
Mar 6, 1992	OCC_OTS	(individual)	Cease and Desist: William III Ratliff
Mar 6, 1992	FRB	Banca Nazionale Del Lavoro S.P.A.	Prohibition from Banking: Robert Post

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