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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
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
Dec 1, 1992 NBD Arlington Heights Bank IL NBD Bank
Dec 1, 1992 Affiliated Banc Group, Inc. IL Comerica Incorporated
Dec 1, 1992 NBD Northfield Bank IL NBD Bank
Dec 1, 1992 First Interstate Bank of Colstrip MT First Interstate Bank
Dec 1, 1992 NBD Bank Mount Prospect, National Association IL NBD Bank
Dec 1, 1992 Team Bank TX Bank One, Texas, National Association
Dec 1, 1992 Home Owners Savings Bank Federal Savings Bank MN First Bank, Federal Savings Bank
Dec 1, 1992 NBD Glenbrook Bank IL NBD Bank
Dec 1, 1992 NBD Bank Lake Zurich, National Association IL NBD Bank
Dec 1, 1992 NBD Bank Elgin, National Association IL NBD Bank
Dec 1, 1992 The First National Bank in Hysham MT Farmers State Bank of Worden
Dec 1, 1992 Norbanc Lease, Inc. PA PNC Bank, Northeast PA
Dec 1, 1992 Waldorf State Bank MN Roundbank
Dec 1, 1992 Norbanc Realty Company, Inc. PA PNC Bank, Northeast PA
Dec 1, 1992 NBD Bank Evanston, National Association IL NBD Bank
Dec 1, 1992 Citizens Bank of Live Oak FL CNB National Bank
Dec 1, 1992 NBD Winfield Bank IL NBD Bank
Dec 1, 1992 Bank of Chicago-Lakeshore IL Bank of Chicago, S.B.
Dec 1, 1992 Community Homestead Association LA Teche Federal Bank
Dec 1, 1992 First Interstate Bank of Billings Heights MT First Interstate Bank
Dec 1, 1992 Saint Georges Parish Federal Credit Union MA Westport Federal Credit Union
Nov 30, 1992 First Western Federal Savings and Loan Association OK Interbank
Nov 30, 1992 St. Stephen Bancorporation, Inc. MN Saint Stephen Bangroup, Inc.
Nov 30, 1992 Hindley Employees Credit Union RI Navigant Credit Union
Nov 30, 1992 Spokane MSC Federal Credit Union WA United Health Services Credit Union
Nov 28, 1992 Trans Financial Bank of Tennessee, Federal Savings Bank TN Trans Financial Bank of Tennessee, Federal Savings Bank
Nov 24, 1992 Medical Health Group Fcu TX America's Credit Union
Nov 22, 1992 First Western Federal Savings Association of Wenatchee WA First Western Bank, a Federal Savings Bank
Nov 21, 1992 Merchants Bancorp, Inc. PA Fidelcor, Inc.
Nov 21, 1992 Linden Rheem Employees Federal Credit Union NJ The Atlantic Federal Credit Union
Nov 21, 1992 Central Credit Union NH Granite State Credit Union
Nov 21, 1992 First American Savings, F.A. PA Provident National Bank
Nov 21, 1992 SafraBank National Association FL Republic Bank for Savings, N.A.
Nov 21, 1992 Hancock Federal Savings and Loan Association IL First Community Bank
Nov 21, 1992 Brandywine Savings and Loan Association PA Provident National Bank
Nov 19, 1992 River Oaks Bank TX Compass Bank
Nov 18, 1992 WRB Bancshares, Inc. OK INTRUST Financial Corporation
Nov 17, 1992 AT&M Corp Employees Credit Union NY Erie County Employees Credit Union
Nov 16, 1992 Jasand, Inc. IA Hawkeye Bancorporation
Nov 16, 1992 The Bank of Massachusetts, Inc. d/b/a/ Century Bank/Suffolk MA Century Bank and Trust Company
Nov 16, 1992 Century North Shore Bank and Trust Company MA Century Bank and Trust Company
Nov 16, 1992 Valley First National Bank of Beaver Dam WI Valley Bank, South Central (National Association)
Nov 16, 1992 Bigelow Sandford Employees Federal Credit Union SC Southern Select Community Cu
Nov 16, 1992 Cole Taylor Bank/Yorktown IL Cole Taylor Bank
Nov 16, 1992 Community Bank & Trust N.A. of Randolph County WV Community Bank and Trust of Randolph County
Nov 14, 1992 Louisville Public Library Credit Union KY Transcend Credit Union
Nov 13, 1992 First Fidelity Bank, National Association, North Jersey NJ First Fidelity Bank, National Association, New Jersey
Nov 13, 1992 Edmonds National Bank WA Frontier Bank
Nov 11, 1992 Dakota First Trust Company ND First Trust Company of North Dakota N.A.
Nov 10, 1992 American Bank MO (unnamed)

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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