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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
Oct 2, 1992 The Howard Savings Bank Newark, NJ $3.46B First Fidelity Bank Na N
Oct 2, 1992 First Constitution Bank New Haven, CT $1.57B First Federal Bank a FSB
Oct 2, 1992 Eastwest Bank, N.A. Kihei, HI $3.8M First Hawaiian Bank
Sep 25, 1992 Hometown Bank Edison, NJ $25.2M Somerset Trust Co
Sep 25, 1992 Highlands Community Bank, N.A. Clinton Township, NJ $19.7M Somerset Trust Co
Sep 24, 1992 First Exchange Bank of Little Rock Little Rock, AR $24.7M First Commercial Bank N.A.
Sep 18, 1992 Plymouth Five Cents Savings Bank Plymouth, MA $221.0M Citizens Bank of MA
Sep 18, 1992 The Washington Bank Fairfax County, VA $28.1M George Mason Bank
Sep 10, 1992 The First National Bank of Yorktown Yorktown, TX $34.4M Citizens Bank
Aug 28, 1992 The Union Savings Bank Patchogue, NY $491.1M Home Federal Savings Ban
Aug 28, 1992 Seacoast Savings Bank Dover, NH $84.8M First S&LA of New Hampsh
Aug 28, 1992 Potomac FSB Silver Spring, MD $72.3M Maryland FS&LA
Aug 21, 1992 Attleboro Pawtucket SB Pawtucket, MA $632.5M New Bedford Inst for SVG
Aug 21, 1992 Birmingham FSB Birmingham, AL $91.8M First Commercial Bank
Aug 14, 1992 Winchendon Savings Bank Winchendon, MA $65.2M Athol Savings Bank
Aug 7, 1992 Citadel FS & La Charleston, SC $39.0M Carolina First Bank
Aug 7, 1992 Foxworth Bank Foxworth, MS $36.5M Trustmark National Bank
Jul 31, 1992 Massachusetts Bank & Trust Co. Brockton, MA $61.8M Haymarket Coop Bank
Jul 24, 1992 First Russell County Phenix City, AL $87.0M Branch sale
Jul 23, 1992 First National Bank of Texas Webster, TX $92.1M First Prosperity Bank
Jul 17, 1992 New England FSA Wellesley, MA $137.3M Cambridgeport Bank
Jul 17, 1992 Liberty FSB Warrenton, VA $92.0M Jefferson NB
Jul 17, 1992 State Bank of Springfield Springfield, MN $30.3M Southwest State Bank
Jul 10, 1992 Transohio, FSB Cleveland, OH $3.37B Branch sale
Jul 10, 1992 Home FSB Norfolk, VA $224.2M Home SB, FSB
Jul 10, 1992 Southern FSA of Georgia Atlanta, GA $160.0M Branch sale
Jul 6, 1992 Homefed Bank, F.A. San Diego, CA $12.18B Branch sale
Jun 26, 1992 Jacksonville FSA Jacksonville, FL $150.9M First Union NB of FL
Jun 26, 1992 Olympic International Bank & Trust Boston, MA $140.3M Haymarket Coop Bank
Jun 26, 1992 The Somersworth Bank Somersworth, NH $114.1M New Dartmouth Bank
Jun 26, 1992 Vernon Bank Vernon, CT $34.3M Bank of South Windsor
Jun 25, 1992 American National Bank - Post Oak Houston, TX $24.7M First Prosperity Bank
Jun 25, 1992 Castle Hills National Bank San Antonio, TX $13.8M International BK of Com
Jun 19, 1992 Coastal FSB New London, CT $238.2M Branch sale
Jun 19, 1992 First Home FSA Pittsburgh, PA $131.7M First Home FSB, FSB
Jun 19, 1992 First Newport FSB Newport Beach, CA $35.0M Sterling B&T, FSB
Jun 12, 1992 American Savings Bank White Plains, NY $3.20B First Fidelity Bank Na N
Jun 12, 1992 Columbia Banking Fed. Rochester, NY $1.28B Branch sale
Jun 12, 1992 Riverhead Savings Bank Riverhead, NY $388.8M Bank of New York
Jun 12, 1992 San Clemente FSB San Clemente, CA $220.4M Household Bank, FSB
Jun 12, 1992 Cherokee Valley FSA Cleveland, TN $142.5M Branch sale
Jun 12, 1992 Landmark Bank for Savings Whitman, MA $62.1M Abington Savings Bank
Jun 12, 1992 American Interstate Bank Newport Beach, CA $42.0M Marine National Bank
Jun 5, 1992 First American FSB Greensboro, NC $804.3M Centura Bank
Jun 5, 1992 Republic FSB Matteson, IL $290.3M Regency SB, FSB
Jun 5, 1992 Cooper River, FSA North Charleston, SC $228.9M First Citizens B&TC of SC
Jun 5, 1992 Volunteer FSA Little Ferry, NJ $51.2M Interchange State Bank
Jun 4, 1992 Home Unity Federal Lafayette Hill, PA $684.8M Branch sale
Jun 4, 1992 Mayfair Bank Chicago, IL $32.2M Foster Bank
Jun 4, 1992 The Home State Bank Longton, KS $4.2M —

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
Dec 11, 1992 Prince George's National Bank MD F&M Bank - Maryland, Inc.
Dec 11, 1992 The First National Bank of Birmingham, Alabama AL AmSouth Bank
Dec 11, 1992 Southern Bancorp, Inc. OK Fourth Financial Corporation
Dec 10, 1992 Community Action Organization of Erie County Federal Credit Union NY St. John United Federal Credit Union
Dec 10, 1992 McCook Bancshares, Inc. SD First Dakota Financial Corporation
Dec 9, 1992 Dela 8559 Federal Credit Union NJ Proponent Federal Credit Union
Dec 8, 1992 H C Progressivefederal Credit Union TX East Texas Professional Credit Union
Dec 8, 1992 Sunoco Credit Union TX US Employees Credit Union
Dec 8, 1992 First Florida Banks, Incorporated FL Barnett Merger Corporation
Dec 8, 1992 7L Corporation FL Barnett Merger Corporation
Dec 7, 1992 Liberty Bank of Maryland MD American Trust Bank
Dec 7, 1992 Security Bank of South Dakota, National Association SD First National Bank
Dec 7, 1992 (unnamed) — Firstar Bank Fond Du Lac, National Association
Dec 7, 1992 The Henry County Bank IL Pinnacle Bank of the Quad Cities
Dec 5, 1992 Colony Bank FL SouthTrust Bank of Florida, National Association
Dec 5, 1992 The People's National Bank of Lebanon PA Meridian Bank
Dec 5, 1992 Peoples Bancorp, Inc. PA Meridian Bancorp, Inc.
Dec 5, 1992 Republic Bank & Trust Co. NC Central Carolina Bank and Trust Company
Dec 5, 1992 Dakota Bank and Trust Company of Fargo ND First Bank of North Dakota, N.A.
Dec 4, 1992 (unnamed) — SunTrust Bank, Northwest, Florida
Dec 2, 1992 The First National Bank of Rockport TX Norwest Bank Texas, South Central
Dec 1, 1992 First Interstate Bank of West Billings MT First Interstate Bank
Dec 1, 1992 NBD Bank Woodridge IL NBD Bank
Dec 1, 1992 Heritage Group, Inc. (The) IL NBD Illinois, Inc.
Dec 1, 1992 Electrical Workers #340 Credit Union CA Heritage Community Credit Union
Dec 1, 1992 Colonial Federal Credit Union PA Freedom United Federal Credit Union
Dec 1, 1992 NBD Park Ridge Bank IL NBD Bank
Dec 1, 1992 Amcore Bank National Association, Pekin IL Commerce Bank, National Association
Dec 1, 1992 First Interstate Bank of Missoula, National Association MT First Interstate Bank
Dec 1, 1992 NBD Bank Lemont IL NBD Bank
Dec 1, 1992 First Financial Credit Union of Florida FL First Commerce Credit Union
Dec 1, 1992 NBD Woodfield Bank IL NBD Bank
Dec 1, 1992 First Interstate Bank of Hardin MT First Interstate Bank
Dec 1, 1992 NBD Chicago Bank IL NBD Bank
Dec 1, 1992 Muskego-Norway School Employees Credit Union WI Educators Credit Union
Dec 1, 1992 First State Bank of Alsip IL Great Lakes Bank, National Association
Dec 1, 1992 Eci Empl Fcu FL Grow Financial Federal Credit Union
Dec 1, 1992 First Interstate Bank of South Missoula, National Association MT First Interstate Bank
Dec 1, 1992 Team Bancshares II, Inc. DE Banc One Texas Corporation
Dec 1, 1992 Executive Park National Bank TN Citizens Bank
Dec 1, 1992 Webster Bank and Trust Company LA Minden Bank & Trust Company
Dec 1, 1992 Countryside Bank of Stratford IL NBD Bank
Dec 1, 1992 First Hysham Holding Company MT Stockman Holding Company
Dec 1, 1992 First Interstate Bank of Miles City MT First Interstate Bank
Dec 1, 1992 NBD Highland Park Bank, National Association IL NBD Bank
Dec 1, 1992 Bank of Chicago-Little Village/Banco de Chicago-La Villita IL Bank of Chicago, S.B.
Dec 1, 1992 NBD Elk Grove Bank IL NBD Bank
Dec 1, 1992 I.U.P.I.W. Credit Union CA Star Harbor Federal Credit Union
Dec 1, 1992 The Brookside Savings Bank, F.S.B. MO Roosevelt Bank
Dec 1, 1992 Team Bancshares, Inc. TX Banc One Texas Corporation

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

Enforcement Actions in 1992

Action date Agency Institution Action
Jan 24, 1992 OCC Bank One, Texas, National Association Securities Enforcement Action: Bank One, Texas, N.A.
Jan 24, 1992 OCC American National Bank and Trust Company Securities Enforcement Action: American National Bank And Trust Company
Jan 24, 1992 OCC (individual) Civil Money Penalty (CMP): Firstier Bank, N.A.
Jan 24, 1992 OCC Bank One, Texas, National Association Civil Money Penalty (CMP): Bank One, Texas, N.A.
Jan 24, 1992 OCC American National Bank and Trust Company Civil Money Penalty (CMP): American National Bank & Trust Company
Jan 24, 1992 OCC First Commercial Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First Commercial Bank, N.A.
Jan 24, 1992 FRB Society for Savings Written Agreement: Society for Savings Bancorp, Hartford, CT
Jan 23, 1992 OCC_OTS Central West End Bank, A Federal Savings Bank Cease and Desist: Thomas A. Scatizzi
Jan 23, 1992 OCC_OTS United Northern Federal Savings Bank Cease and Desist: United Northern Federal Savings Bank
Jan 23, 1992 OCC_OTS Central West End Bank, A Federal Savings Bank Civil Money Penalty: Thomas A. Scatizzi
Jan 22, 1992 OCC Continental National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Continental National Bank
Jan 22, 1992 OCC Montgomery County National Bank Formal Agreement: Montgomery National Bank
Jan 22, 1992 OCC_OTS The Findlay Savings Bank Supervisory Agreement: The Findlay Savings Bank
Jan 21, 1992 OCC City National Bank of New Jersey Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): City National Bank Of New Jersey
Jan 21, 1992 OCC_OTS (individual) Supervisory Agreement: First Federal Bank, FSB
Jan 21, 1992 OCC_OTS Home Federal Savings and Loan Association of Grand Island Supervisory Agreement: Federal Savings and Loan Association of Grand Island
Jan 21, 1992 OCC First National Bank of St. Bernard Parish Civil Money Penalty (CMP): Butler, Edward
Jan 21, 1992 FRB Bank of the Commonwealth Written Agreement: Bank of the Commonwealth, Norfolk, VA
Jan 19, 1992 OCC_OTS American Home Savings and Loan Association Civil Money Penalty: American Home S&LA
Jan 19, 1992 OCC_OTS (individual) Civil Money Penalty: Robert Yeckel
Jan 17, 1992 OCC BNY Mellon, N.A. Civil Money Penalty (CMP): Mellon Bank, N.A.
Jan 17, 1992 OCC Marquette Financial Services, Inc Civil Money Penalty (CMP): Marquette Bank Minneapolis, National Association
Jan 17, 1992 OCC (individual) Civil Money Penalty (CMP): Lasalle National Bank
Jan 17, 1992 OCC INB Financial Corporation Civil Money Penalty (CMP): Inb National Bank
Jan 17, 1992 OCC First Wisconsin National Bank of Milwaukee Civil Money Penalty (CMP): First Wisconsin National Bank Of Milwaukee
Jan 17, 1992 OCC First Tennessee Bank, National Association Civil Money Penalty (CMP): First Tennessee Bank National Association
Jan 17, 1992 OCC The First National Bank of Maryland Civil Money Penalty (CMP): First National Bank Of Maryland
Jan 17, 1992 OCC First National Bank of Louisville Civil Money Penalty (CMP): First National Bank Of Louisville
Jan 17, 1992 OCC First Commerce Financial Corporation Civil Money Penalty (CMP): First National Bank Of Commerce
Jan 17, 1992 OCC First Fidelity Incorporated Civil Money Penalty (CMP): First Fidelity Bank, N.A., New Jersey
Jan 17, 1992 OCC First City, Texas - Houston, N.A. Civil Money Penalty (CMP): First City, Texas - Houston, N.A.
Jan 17, 1992 OCC First American National Bank of Nashville Civil Money Penalty (CMP): First American National Bank Of Nashville
Jan 17, 1992 OCC Deposit Guaranty Corp. Civil Money Penalty (CMP): Deposit Guaranty National Bank
Jan 17, 1992 OCC Continental Bank Corporation Civil Money Penalty (CMP): Continental Bank, National Association
Jan 17, 1992 OCC Commerce Bank Civil Money Penalty (CMP): Commerce Bank, National Association
Jan 17, 1992 OCC AmeriTrust Company National Association Civil Money Penalty (CMP): Ameritrust Company National Association
Jan 17, 1992 OCC First Fidelity Incorporated Securities Enforcement Action: First Fidelity Bank, N.A., New Jersey
Jan 17, 1992 OCC First City, Texas - Houston, N.A. Securities Enforcement Action: First City, Texas - Houston, N.A.
Jan 17, 1992 OCC First American National Bank of Nashville Securities Enforcement Action: First American National Bank Of Nashville
Jan 17, 1992 OCC Deposit Guaranty Corp. Securities Enforcement Action: Deposit Guaranty National Bank
Jan 17, 1992 OCC Continental Bank Corporation Securities Enforcement Action: Continental Bank, National Association
Jan 17, 1992 OCC (individual) Securities Enforcement Action: Commerce Bank Of Kansas City
Jan 17, 1992 OCC AmeriTrust Company National Association Securities Enforcement Action: Ameritrust Company National Association
Jan 17, 1992 OCC (individual) Civil Money Penalty (CMP): United Missouri Bank Of Kansas City, N.A.
Jan 17, 1992 OCC (individual) Civil Money Penalty (CMP): The Boatmen's National Bank Of St. Louis
Jan 17, 1992 OCC Centerre Bank N.A. Civil Money Penalty (CMP): The Boatmen's National Bank Of St. Louis
Jan 17, 1992 OCC South Carolina National Corporation Civil Money Penalty (CMP): South Carolina National Bank, The
Jan 17, 1992 OCC Security Pacific National Bank Civil Money Penalty (CMP): Security Pacific National Bank
Jan 17, 1992 OCC Mercantile Bank of St. Louis National Association Civil Money Penalty (CMP): Mercantile Bank Of St. Louis, N.A.
Jan 17, 1992 OCC First National Bank of Louisville Securities Enforcement Action: First National Bank Of Louisville

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

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