Calendar Year

2012 in US Banking

998 bank events are on record for 2012: 51 failures, 612 mergers or acquisitions involving a bank, credit union or bank holding company, and 335 enforcement actions.

Failures

$11.62B in failed assets

612

Mergers

Federal Reserve NIC, banking organizations

335

Enforcement

OCC, FDIC, FRB, OTS and SEC 8-K filings

Jump to: Bank failures 2012 · Bank mergers 2012

How many banks failed in 2012?

51 banks failed in 2012, with $11.62B in assets. Each failure below links to its own page.

Date	Bank	HQ	Assets	Acquirer or resolution
Dec 14, 2012	Community Bank of the Ozarks	Sunrise, MO	$42.8M	Bank of Sullivan
Nov 16, 2012	Hometown Communitybank	Braselton, GA	$124.6M	Certusbank, N.A.
Nov 2, 2012	Citizens First National Bank	Princeton, IL	$924.0M	Heartland Bank and Trust Company
Nov 2, 2012	Heritage Bank of Florida	Lutz, FL	$225.5M	Centennial Bank
Oct 26, 2012	Nova Bank	Berwyn, PA	$444.7M	—
Oct 19, 2012	Excel Bank	Sedalia, MO	$186.1M	Simmons First National Bank
Oct 19, 2012	Gulfsouth Private Bank	Destin, FL	$139.4M	SmartBank
Oct 19, 2012	First East Side Savings Bank	Tamarac, FL	$65.7M	Stearns Bank N.A.
Sep 28, 2012	First United Bank	Crete, IL	$328.4M	Old Plank Trail Community Bank, N.A.
Sep 14, 2012	Truman Bank	St. Louis, MO	$282.3M	Simmons First National Bank
Sep 7, 2012	First Commercial Bank	Bloomington, MN	$215.9M	Republic Bank & Trust Company
Aug 3, 2012	Waukegan Savings Bank	Waukegan, IL	$83.7M	First Midwest Bank
Jul 27, 2012	Jasper Banking Company	Jasper, GA	$206.7M	Stearns Bank N.A.
Jul 20, 2012	First Cherokee State Bank	Woodstock, GA	$209.0M	Community & Southern Bank
Jul 20, 2012	Second Federal Savings and Loan Association of Chicago	Chicago, IL	$190.9M	Hinsdale Bank & Trust Company
Jul 20, 2012	Georgia Trust Bank	Buford, GA	$116.9M	Community & Southern Bank
Jul 20, 2012	Heartland Bank	Leawood, KS	$96.0M	Metcalf Bank
Jul 20, 2012	The Royal Palm Bank of Florida	Naples, FL	$78.8M	First National Bank of the Gulf Coast
Jul 13, 2012	Glasgow Savings Bank	Glasgow, MO	$22.3M	Regional Missouri Bank
Jul 6, 2012	Montgomery Bank & Trust	Ailey, GA	$153.2M	Ameris Bank
Jun 15, 2012	Putnam State Bank	Palatka, FL	$169.5M	Harbor Community Bank
Jun 15, 2012	The Farmers Bank of Lynchburg	Lynchburg, TN	$163.9M	Clayton Bank and Trust
Jun 15, 2012	Security Exchange Bank	Marietta, GA	$151.0M	Fidelity Bank
Jun 8, 2012	Waccamaw Bank	Whiteville, NC	$533.1M	First Community Bank
Jun 8, 2012	Carolina Federal Savings Bank	Charleston, SC	$54.4M	Bank of North Carolina
Jun 8, 2012	First Capital Bank	Kingfisher, OK	$44.4M	F & M Bank
Jun 8, 2012	Farmers' and Traders' State Bank	Shabbona, IL	$43.1M	First State Bank
May 18, 2012	Alabama Trust Bank, N.A.	Sylacauga, AL	$51.6M	Southern States Bank
May 4, 2012	Security Bank, N.A.	North Lauderdale, FL	$101.0M	Banesco USA
Apr 27, 2012	Inter Savings Bank, FSB D/b/a/ Interbank, FSB	Maple Grove, MN	$463.8M	Great Southern Bank
Apr 27, 2012	Plantation Federal Bank	Pawleys Island, SC	$433.5M	First Federal Bank
Apr 27, 2012	Harvest Bank of Maryland	Gaithersburg, MD	$163.0M	Sonabank
Apr 27, 2012	Bank of the Eastern Shore	Cambridge, MD	$162.5M	—
Apr 27, 2012	Palm Desert National Bank	Palm Desert, CA	$129.3M	Pacific Premier Bank
Apr 20, 2012	Fort Lee Federal Savings Bank, FSB	Fort Lee, NJ	$48.9M	Alma Bank
Mar 30, 2012	Fidelity Bank	Dearborn, MI	$818.2M	The Huntington National Bank
Mar 23, 2012	Premier Bank	Wilmette, IL	$268.7M	International Bank of Chicago
Mar 23, 2012	Convenant Bank & Trust	Rock Spring, GA	$95.7M	Stearns Bank, N.A.
Mar 9, 2012	New City Bank	Chicago, IL	$71.2M	—
Mar 2, 2012	Global Commerce Bank	Doraville, GA	$143.7M	Metro City Bank
Feb 24, 2012	Home Savings of America	Little Falls, MN	$434.1M	—
Feb 24, 2012	Central Bank of Georgia	Ellaville, GA	$278.9M	Ameris Bank
Feb 10, 2012	SCB Bank	Shelbyville, IN	$182.6M	First Merchants Bank, N.A.
Feb 10, 2012	Charter National Bank and Trust	Hoffman Estates, IL	$93.9M	Barrington Bank & Trust Company, N.A.
Jan 27, 2012	Tennessee Commerce Bank	Franklin, TN	$1.01B	Republic Bank & Trust Company
Jan 27, 2012	First Guaranty Bank and Trust Company of Jacksonville	Jacksonville, FL	$397.1M	Centerstate Bank of Florida, N.A.
Jan 27, 2012	Bankeast	Knoxville, TN	$261.9M	U.S. Bank N.A.
Jan 27, 2012	Patriot Bank Minnesota	Forest Lake, MN	$105.0M	First Resource Bank
Jan 20, 2012	The First State Bank	Stockbridge, GA	$516.8M	Hamilton State Bank
Jan 20, 2012	Central Florida State Bank	Belleview, FL	$71.5M	Centerstate Bank of Florida, N.A.

Which banks merged in 2012?

612 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2012.

See the fuller list: Bank mergers 2012 with largest deals and credit union mergers ›

Date	Acquired	St	Acquirer
Apr 3, 2012	Se Financial Corp	PA	Beneficial Bancorp, Inc.
Apr 3, 2012	CVPS Employees Credit Union	VT	Heritage Family Federal Credit Union
Apr 2, 2012	Highlands Bancshares, Inc.	TX	Legacytexas Financial Group, Inc.
Apr 2, 2012	The First National Bank of Jacksboro	TX	LegacyTexas Bank
Apr 2, 2012	Olol Regional Federal Credit Union	LA	Campus Federal Credit Union
Apr 1, 2012	The Bank Arlington	TX	Prosperity Bank
Apr 1, 2012	I Bank Holding Company, Inc.	TX	Independent Bank Group, Inc.
Apr 1, 2012	Anderen Bank	FL	1st United Bank
Apr 1, 2012	Anderen Financial, Inc.	FL	1st United Bancorp, Inc.
Apr 1, 2012	I Bank Texas, SSB	TX	Independent Bank
Apr 1, 2012	The Chuo Mitsui Trust and Banking Co., Ltd.	—	Sumitomo Mitsui Trust Bank, Limited
Apr 1, 2012	H H a Federal Credit Union	TX	Space City Credit Union
Apr 1, 2012	Tower Credit Union	WI	Connexus Credit Union
Apr 1, 2012	(unnamed)	—	Impact Bank
Apr 1, 2012	K E M Credit Union	IA	Leeco Credit Union
Apr 1, 2012	Roanoke County Schools Federal Credit Union	VA	Roanoke Valley Community Federal Credit Union
Apr 1, 2012	U P W a District 1 Area 5 Credit Union	IL	South Division Credit Union
Apr 1, 2012	Pike County Teachers Federal Credit Union	MS	Sunbelt Federal Credit Union
Apr 1, 2012	Petroleum Associates Federal Credit Union	GA	Energy One Federal Credit Union
Apr 1, 2012	Prosperity Federal Credit Union	CA	Pacific Transportation Federal Credit Union
Apr 1, 2012	Oak Ridge School Federal Credit Union	TN	Knoxville Teachers Federal Credit Union
Apr 1, 2012	Arvin Employees Credit Union	MO	Ozark Federal Credit Union
Apr 1, 2012	Allegis Credit Union	MI	Honor Credit Union dba Honor Investment Services
Apr 1, 2012	The Wellsville Bank	KS	Landmark National Bank
Apr 1, 2012	Pocahy Family Federal Credit Union	ID	Mountain America Federal Credit Union
Apr 1, 2012	Calcasieu Federal Employees Credit Union	LA	Southwest Louisiana Credit Union
Apr 1, 2012	Circolo Campobello Di Licata Federal Credit Union	NY	Empire One Federal Credit Union
Apr 1, 2012	State Bank of Cokato	MN	Kensington Bank
Apr 1, 2012	Dixiecon Federal Credit Union	VA	Hopewell Chemical Federal Credit Union
Mar 31, 2012	Filene Federal Credit Union	MA	Webster First Federal Credit Union
Mar 31, 2012	Centrust Financial, Inc.	IL	United Community Bancshares, Inc.
Mar 31, 2012	Ely Steelworkers Credit Union	MN	Northridge Community Credit Union
Mar 31, 2012	Buffalo Fire Department Federal Credit Union	NY	Crossroads Community Federal Credit Union
Mar 31, 2012	Central York Federal Credit Union	PA	White Rose Credit Union
Mar 31, 2012	American Bank of Texas, National Association	TX	American Bank of Texas
Mar 31, 2012	Wilberforce University Federal Credit Union	OH	Heartland Federal Credit Union
Mar 31, 2012	Bliley Federal Credit Union	PA	Widget Federal Credit Union
Mar 31, 2012	Mon/Marine Federal Credit Union	PA	Frick Financial Federal Credit Union
Mar 30, 2012	Bonneville Bancorp	UT	Green Dot Corporation
Mar 27, 2012	Bluefield Municipal Employees Federal Credit Union	WV	National Employees Federal Credit Union
Mar 24, 2012	Union State Bank	IA	First Community Bank
Mar 24, 2012	Pilsen State Bank, Lincolnville, Kansas	KS	Cottonwood Valley Bank
Mar 17, 2012	State Bank of Bird Island	MN	Frandsen Bank & Trust
Mar 17, 2012	Bay Bank & Trust Co.	FL	Trustmark Bank
Mar 15, 2012	Crestmont Baptist Fcu	PA	Freedom Credit Union
Mar 10, 2012	Mainline National Bank	PA	S & T Bank
Mar 10, 2012	Town North Bank Nevada, N.A.	NV	Dallas Capital Bank, National Association
Mar 10, 2012	Mainline Bancorp, Inc.	PA	S&T Bancorp, Inc.
Mar 8, 2012	Times-News Employees Credit Union	ID	Magic Valley Federal Credit Union
Mar 3, 2012	RBC Bank (USA)	NC	PNC Bank, N.A.

The list holds 500 of the 612 mergers recorded for 2012.

Enforcement Actions in 2012

Action date	Agency	Institution	Action
Oct 3, 2012	OCC	Resolute Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bank of Maumee
Oct 1, 2012	FRB	American Express Travel Related Services Company, Inc.	Civil Money Penalty, $9,000,000: AMERICAN EXPRESS COMPANY. New York, New York and AMERICAN EXPRESS …
Oct 1, 2012	OCC	First National Bank PLC	Formal Agreement: First National Bank
Oct 1, 2012	OCC	American Express Bank, FSB	Civil Money Penalty (CMP): American Express Bank, FSB
Oct 1, 2012	OCC	American Express Bank, FSB	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): American Express Bank, FSB
Oct 1, 2012	OCC	American Express Bank, FSB	C&D or PC&D Requiring Restitution: American Express Bank, FSB
Oct 1, 2012 Released Jan 11, 2018	FRB	American Express Travel Related Services Company, Inc.	Cease and Desist Order: AMERICAN EXPRESS COMPANY. New York, New York. and AMERICAN EXPRESS …
Sep 28, 2012	OCC	One National Bancshares, Inc.	Prompt Corrective Action (PCA) Directive: One Bank & Trust, National Association
Sep 27, 2012	FRB	Fifth Third Bank, N.A.	Section 19 Letters: Christopher Swinford
Sep 27, 2012	FRB	Fifth Third Bank, N.A.	Section 19 Letters: Frances Maria Agosto-Valentin
Sep 26, 2012	OCC	The First National Bank of Niagara	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Paoli, Susan
Sep 26, 2012	OCC	The First National Bank of Niagara	Civil Money Penalty (CMP): Paoli, Susan
Sep 21, 2012	OCC	Roma Financial Corporation	Formal Agreement: Roma Bank
Sep 20, 2012 Released Oct 2, 2012	FRB	Southfirst Bancshares, Inc.	Written Agreement: SouthFirst Bancshares, Inc., Sylacauga, Alabama
Sep 20, 2012	OCC	GCF Bank	Formal Agreement: Gcf Bank
Sep 20, 2012 Released Sep 25, 2012	FRB	VFSC, Inc.	Written Agreement: VFSC, Inc., Eden Prairie, Minnesota
Sep 19, 2012	OCC	Interamerican Bank, a Federal Savings Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Interamerican Bank, A FSB
Sep 11, 2012 Released Sep 13, 2012	FRB	Doral Financial Corporation	Written Agreement: Doral Financial Corporation , San Juan, Puerto Rico
Sep 10, 2012 Released Sep 13, 2012	FRB	The State Bank of Geneva	Written Agreement: The State Bank of Geneva, Geneva, Illinois
Sep 4, 2012	FRB	Regions Bank	Section 19 Letters: Brenda Smith
Aug 30, 2012	OCC	Central Federal Savings and Loan Association	Formal Agreement: Central FS & LA
Aug 30, 2012	OCC	Bank of the Rockies	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bank of The Rockies, National Association
Aug 29, 2012	OCC	First National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): McCaslin, Henry
Aug 28, 2012	OCC	F&M Bank and Trust Company	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): F&M Bank and Trust Company
Aug 27, 2012	OCC	Independence Federal Savings Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Independence Federal Savings Bank
Aug 23, 2012 Released Aug 30, 2012	FRB	MNB Holdings Corporation	Written Agreement: MNB Holdings Corporation, San Francisco, California
Aug 22, 2012	OCC	The Farmers National Bank of Cynthiana	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The Farmers National Bank of Cynthiana
Aug 21, 2012	OCC	Wells Fargo Bank, N.A.	Prohibition/Removal Orders: Feist, Trenton E.
Aug 17, 2012	FRB	Fifth Third Bank, N.A.	Section 19 Letters: Jacques Sanders
Aug 15, 2012	OCC	Southfirst Bancshares, Inc.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Southfirst Bank
Aug 15, 2012	OCC	United Trust Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): United Trust Bank
Aug 15, 2012	FRB	Chelsea Bank	Section 19 Letters: Margaret Capone
Aug 10, 2012	OCC	Ozark Heritage Bank N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Sutterfield, Marvin
Aug 10, 2012	OCC	Ozark Heritage Bank N.A.	Civil Money Penalty (CMP): Sutterfield, Marvin
Aug 10, 2012	OCC	Atlantic Coast Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Atlantic Coast Bank
Aug 9, 2012	OCC	First National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Trice, J.Y.
Aug 9, 2012	OCC	JPMorgan Chase Bank, N.A.	Prohibition/Removal Orders: Howard, Dawn
Aug 9, 2012	OCC	Community Bank	Formal Agreement: Community Bank
Aug 9, 2012	OCC	First National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Dawkins, Jim
Aug 9, 2012	OCC	First National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Barnes, Joseph G.
Aug 8, 2012	OCC	First National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wright, Bennie
Aug 8, 2012	OCC	First National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Johnston, Robert
Aug 6, 2012 Released Aug 7, 2012	FRB	Metlife, Inc.	Civil Money Penalty, $3,200,000: METLIFE, INC, New York, New York
Aug 3, 2012	OCC	Golden Bank, N.A.	Civil Money Penalty (CMP): Yang, Milton
Aug 3, 2012 Released Aug 16, 2012	FRB	Patriot National Bancorp, Inc.	Written Agreement: PNBK Sponsor LLC, PNBK Investment Partners LLC, PNBK Holdings LLC, and Patriot …
Aug 3, 2012	OCC	First National Bank	Prohibition/Removal Orders: McHardy, Kris
Aug 2, 2012 Released Aug 7, 2012	FRB	Spirit Bankcorp, Inc.	Written Agreement: Spirit BankCorp, Inc., Bristow, Oklahoma
Aug 1, 2012 Released Aug 7, 2012	FRB	Asian Financial Corporation	Cease and Desist Order: Asian Financial Corporation, Philadelphia, Pennsylvania
Aug 1, 2012 Released Aug 7, 2012	FRB	The Farmers State Bank of Blue Mound	Written Agreement: The State Bank of Blue Mound, Blue Mound, Illinois
Aug 1, 2012 Released Aug 7, 2012	FRB	Gold Canyon Bank	Prompt Corrective Action: Gold Canyon Bank, Gold Canyon, Arizona

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