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
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 31, 1992 (unnamed) — Rabobank, N.A.
Dec 31, 1992 First Bank/Las Colinas TX First Bank Texas National Association
Dec 31, 1992 Century Bancshares, Inc. KS Team Financial, Inc.
Dec 31, 1992 Kentucky State Bank of Scottsville, Kentucky KY Trans Financial Bank, N.A.
Dec 31, 1992 First Carolina Bank & Trust Company NC Mid-South Bank and Trust Company
Dec 31, 1992 (unnamed) — The Bank of San Diego
Dec 31, 1992 Orange Federal Savings and Loan Association NC RBC Bank (USA)
Dec 31, 1992 Dawson Springs Bancorp, Inc. KY Trans Financial, Inc.
Dec 31, 1992 First Commercial Bancshares, Inc. AL Synovus Financial Corp. of Alabama
Dec 31, 1992 Security FS&LA Nashville TN Regions Bank of Tennessee
Dec 31, 1992 Fidelcor Business Service of N.J. NJ Fidelcor, Inc.
Dec 31, 1992 Keney Mutual Benefit Association Credit Union CT Kief Protective Mutual Benefit Assn Credit Union
Dec 31, 1992 (unnamed) — The Bank of San Diego
Dec 31, 1992 United Bank of Kansas, Inc. KS Fourth Financial Corporation
Dec 31, 1992 U.N.D.C. Credit Union UT San Juan Credit Union
Dec 31, 1992 Electrical WKRS No 136 Fcu AL Legacy Community Federal Credit Union
Dec 31, 1992 First National Bank, Martinsville IN First National Bank & Trust
Dec 31, 1992 Clinton Federal Savings and Loan Association IA Firstar National Bank
Dec 31, 1992 Li Holding Corporation NY Fleet New York, Inc.
Dec 31, 1992 Bank Shares Incorporated MN U.S. Bancorp
Dec 31, 1992 Commercial Bank of Dawson KY Trans Financial Bank, N.A.
Dec 31, 1992 The Peoples National Bank of Liberal KS Bank IV, National Association
Dec 31, 1992 Great Western Bank, a Savings Bank WA Great Western Bank, a Federal Savings Bank
Dec 30, 1992 Gte Sylvania Lycoming Area Fcu PA Horizon Federal Credit Union
Dec 30, 1992 Fourth National Corporation OK Fourth Financial Corporation
Dec 30, 1992 First Carrollton Bancshares, Inc. MO Carrollton Bancshares Corporation
Dec 29, 1992 First Charlotte Mortgage Company NC First Charlotte Bank and Trust Company
Dec 29, 1992 Tsi Graphics Credit Union MO Neighbors Credit Union
Dec 28, 1992 I.B.E.W. #449 Credit Union ID Connections Credit Union
Dec 23, 1992 Southwest Bank of Hickory County MO Southwest Bank
Dec 23, 1992 Southwest Bank, National Association MO Southwest Bank
Dec 23, 1992 First Western National Bank TX Compass Bank-Dallas
Dec 23, 1992 Southwest Bank of Buffalo MO Southwest Bank
Dec 22, 1992 Yankee Capital Corporation MA Baybanks, Inc.
Dec 21, 1992 Mooresville Savings Bank, a Federal Savings Bank IN First Indiana Bank, National Association
Dec 21, 1992 Self Reliance Kerhonkson Federal Credit Union NY Self Reliance Financial Federal Credit Union
Dec 21, 1992 First Trident Savings and Loan Corporation SC The National Bank of South Carolina
Dec 21, 1992 First Federal Savings and Loan Association of Rushville IN First Indiana Bank, National Association
Dec 19, 1992 Southtrust Bank of Tampa FL SouthTrust Bank of Florida, National Association
Dec 18, 1992 The Peoples Bank of Front Royal VA Jefferson National Bank
Dec 18, 1992 Heintz Employees Federal Credit Union PA Trumark Credit Union
Dec 17, 1992 McKeesport Postal Employees Credit Union PA Parkview Community Federal Credit Union
Dec 16, 1992 Pruett, Crane and Lucky's Credit Union TN Trust Federal Credit Union
Dec 16, 1992 American Charter Federal Savings and Loan Association NE First Bank, Federal Savings Bank
Dec 15, 1992 Ellis County Teachers Credit Union KS Farmers Credit Union
Dec 14, 1992 Harbor Country Banking Company MI Fifth Third Bank, Indiana
Dec 13, 1992 Deerbrook State Bank IL Devon Bank
Dec 12, 1992 First FS&LA GA First Liberty Bank
Dec 12, 1992 Ripley Ussco Federal Credit Union OH Members Trust Federal Credit Union
Dec 12, 1992 First Chicago Bank for Savings, F.S.B. IL Heritage Bank

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

Enforcement Actions in 1992

Action date Agency Institution Action
Sep 29, 1992 OCC The National Bank of Washington Civil Money Penalty (CMP): Coleman, Donald
Sep 29, 1992 OCC_OTS Rantoul First Federal Savings and Loan Association Supervisory Agreement: Rantoul First Federal Savings and Loan Association
Sep 29, 1992 OCC_OTS Rantoul First Federal Savings and Loan Association Supervisory Agreement: Rantoul First Federal Savings and Loan Association
Sep 28, 1992 OCC City National Bank Prohibition/Removal Orders: Widman, William L.
Sep 28, 1992 FRB National Bank of Pakistan Cease and Desist Order: National Bank of Pakistan, Karachi, Pakistan and National Bank of …
Sep 28, 1992 FRB (individual) Civil Money Penalty (collectively with Marshall County Bankshares, Inc., Beattie, KS) $2,000: Edwin L. …
Sep 28, 1992 FRB (individual) Civil Money Penalty (collectively with Edwin L. Nutt) $2,000: Marshall County Bankshares, Inc., Beattie, …
Sep 28, 1992 FRB National Bank of Pakistan Civil Money Penalty $200,000: National Bank of Pakistan, Karachi, Pakistan and National Bank of …
Sep 25, 1992 OCC_OTS Sykesville Federal Savings Association Supervisory Agreement: Sykesville Federal Savings Association
Sep 25, 1992 OCC_OTS First Federal Savings Bank of Indiana Cease and Desist: Lon G. Price
Sep 25, 1992 OCC_OTS Avondale Financial Services, Inc. Civil Money Penalty: Betty J. Chesney
Sep 25, 1992 OCC_OTS Avondale Financial Services, Inc. Civil Money Penalty: Henry C. Pociask
Sep 25, 1992 OCC_OTS First Federal Savings Bank of Indiana Orders of Removal/Prohibition: Lon G. Price
Sep 24, 1992 OCC The Rushville National Bank Civil Money Penalty (CMP): Sloan, E. Weston
Sep 24, 1992 OCC_OTS First Bank of Beverly Hills, State Savings Bank Cease and Desist: First Bank of Beverly Hills, SSB
Sep 24, 1992 OCC_OTS Winter Hill Federal Savings and Loan Association Orders of Removal/Prohibition: Joseph W. Howard
Sep 23, 1992 OCC_OTS (individual) Cease and Desist: Wendell W. Colon
Sep 23, 1992 OCC_OTS White Eagle Federal Savings Bank Supervisory Agreement: White Eagle FSB
Sep 22, 1992 OCC First National Bank of Annapolis Civil Money Penalty (CMP): Kemp, Linda D.
Sep 22, 1992 OCC First National Bank of Annapolis Civil Money Penalty (CMP): Ford, Barbara
Sep 22, 1992 OCC The National Republic Bank of Chicago Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The National Republic Bank Of Chicago
Sep 22, 1992 OCC_OTS Lincoln Savings and Loan Association, F.A. Cease and Desist: Robert J. Kielty
Sep 22, 1992 OCC First National Bank of Annapolis Civil Money Penalty (CMP): Ford, Delian
Sep 21, 1992 FRB Paonia Financial Services, Inc. Written Agreement: George J. Murphy, Jr.
Sep 21, 1992 FRB Paonia Financial Services, Inc. Written Agreement: Paonia Financial Services, Inc., Paonia, CO
Sep 21, 1992 OCC San Dieguito National Bank Formal Agreement: San Dieguito National Bank
Sep 21, 1992 OCC First National Bank of South Carolina Formal Agreement: First National Bank of South Carolina
Sep 21, 1992 OCC (individual) Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): National State Bank
Sep 18, 1992 OCC_OTS Avondale Financial Services, Inc. Civil Money Penalty: James III Simpson
Sep 18, 1992 OCC Republic Federal Bank, N.A. Prohibition/Removal Orders: Martinez, Jorge A.
Sep 17, 1992 OCC Westheimer Memorial Bank, N.A. Prohibition/Removal Orders: Houk, Allen R.
Sep 17, 1992 OCC_OTS Century Bank Supervisory Agreement: Century Bank, FSB
Sep 17, 1992 OCC_OTS Del Amo Savings Bank Supervisory Agreement: Del Amo Savings Bank, F.S.B.
Sep 17, 1992 OCC_OTS (individual) Cease and Desist: Henry L. Hicks
Sep 17, 1992 OCC_OTS Statesman Federal Savings Bank Cease and Desist: Walter F. Schroeder
Sep 17, 1992 OCC The First National Bank of Bellville Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The First National Bank Of Bellville
Sep 16, 1992 FRB First State Bancorp Written Agreement: First State Bancorp, Howell, NJ
Sep 16, 1992 OCC_OTS Home City Federal Savings Bank of Springfield Supervisory Agreement: Home City Federal Savings and Loan Association of Springfield
Sep 16, 1992 FRB CivicBank of Commerce Written Agreement: CivicBank of Commerce, Oakland, CA
Sep 15, 1992 OCC_OTS Doylestown Federal Savings & Loan Association Orders of Removal/Prohibition: Charles J. Durnin Jr.
Sep 15, 1992 FRB Glendale Bank of Pennsylvania Written Agreement: Glendale Bank of Pennsylvania, Philadelphia, PA
Sep 15, 1992 OCC_OTS First Federal Savings Bank Civil Money Penalty: Robert C. Lydick
Sep 15, 1992 OCC_OTS Key Holdings, Inc. Supervisory Agreement: Key Federal Savings Bank
Sep 15, 1992 OCC First National Bank of Holcomb Civil Money Penalty (CMP): McAtee, Lewis E.
Sep 15, 1992 OCC_OTS First Federal Savings Bank Civil Money Penalty: Carl E. Deaton
Sep 15, 1992 OCC_OTS First Federal Savings Bank Civil Money Penalty: Charles Guthals
Sep 15, 1992 OCC_OTS First Federal Savings Bank Civil Money Penalty: Kathleen M. Haynes
Sep 14, 1992 OCC Tri-County National Bank Formal Agreement: Tri-County National Bank
Sep 14, 1992 FRB First Pacific Bancorp, Inc. Civil Money Penalty $5,000: Dellinger & Company, Los Angeles, CA
Sep 11, 1992 OCC_OTS Home Federal Bank, Savings Bank Civil Money Penalty: Mark Combs

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