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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.

51
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
Jan 20, 2012 American Eagle Savings Bank Boothwyn, PA $19.3M Capital Bank, 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
Dec 31, 2012 First Financial Bank TX First Financial Bank
Dec 31, 2012 UMB Bank Arizona, National Association AZ UMB Bank, N.A.
Dec 31, 2012 Ibfc Nevada Corporation NV TIB, Inc.
Dec 31, 2012 First Financial Bank, National Association TX First Financial Bank
Dec 31, 2012 First Financial Bank TX First Financial Bank
Dec 31, 2012 First Financial Bank, National Association TX First Financial Bank
Dec 31, 2012 State Center Credit Union CA Valley First Federal Credit Union
Dec 31, 2012 The First National Bank of Canton TX Texas Bank and Trust Company
Dec 31, 2012 First Financial Bank, National Association TX First Financial Bank
Dec 31, 2012 UMB National Bank of America KS UMB Bank, N.A.
Dec 31, 2012 UMB Bank Colorado, National Association CO UMB Bank, N.A.
Dec 31, 2012 First Financial Bank, National Association TX First Financial Bank
Dec 31, 2012 First Financial Bank, National Association TX First Financial Bank
Dec 31, 2012 First Financial Bank, National Association TX First Financial Bank
Dec 31, 2012 Bay Media Federal Credit Union CA San Francisco Fire Credit Union
Dec 31, 2012 Safeway Los Angeles Federal Credit Union CA Xceed Financial Credit Union
Dec 31, 2012 White Pine County School Employees Federal Credit Union NV Greater Nevada Credit Union
Dec 31, 2012 Morristown Federal Credit Union NJ Garden Savings Federal Credit Union
Dec 31, 2012 First Financial Bank, National Association TX First Financial Bank
Dec 31, 2012 First Financial Bank, National Association TX First Financial Bank
Dec 29, 2012 The Peoples State Bank LA Midsouth Bank, N.A.
Dec 29, 2012 PSB Financial Corporation LA Midsouth Bancorp, Inc.
Dec 28, 2012 Niagara Mohawk Power - Mohawk Division Federal Credit Union NY First Choice Financial Federal Credit Union
Dec 22, 2012 Alliance Bank Corporation VA Washingtonfirst Bank
Dec 22, 2012 The Nashua Bank NH Lake Sunapee Bank, FSB
Dec 22, 2012 Alliance Bankshares Corporation VA Washingtonfirst Bankshares, Inc.
Dec 22, 2012 Bbvapr Holding Corporation PR Ofg Bancorp
Dec 21, 2012 Banc Life Insurance Corporation AZ Associated Banc-Corp
Dec 20, 2012 Western Bancshares, Inc. TX Circle I Bank Group, Inc.
Dec 20, 2012 Hastings State Bank NE Pinnacle Bank
Dec 19, 2012 Banco Bilbao Vizcaya Argentaria Puerto Rico PR Oriental Bank
Dec 18, 2012 First State Bank of Joplin MO Pinnacle Bank
Dec 17, 2012 Murdock Bancor, Inc. MN Forstrom Bancorporation, Inc.
Dec 17, 2012 Ogden Bancshares, Inc. IA Visionbankshares, Inc.
Dec 15, 2012 Farmers National Bank of Kansas KS Goppert State Service Bank
Dec 15, 2012 Bank Capital Corporation AZ Grandpoint Capital, Inc.
Dec 15, 2012 Citizens State Bank OK First National Bank and Trust Company of Weatherford
Dec 15, 2012 Peoples Choice of San Antonio Federal Credit Union TX Soarion Federal Credit Union
Dec 14, 2012 Bryan Bank & Trust GA South State Bank
Dec 14, 2012 Southeast Bancshares, Inc. TN Education Loan Finance, Inc.
Dec 14, 2012 The Savannah Bancorp, Inc. GA SouthState Bank Corporation
Dec 14, 2012 The Savannah Bank, National Association GA South State Bank
Dec 14, 2012 L C School Employees Federal Credit Union IN Everwise Credit Union
Dec 12, 2012 Hyde Park Bank and Trust Company IL Beverly Bank & Trust Company, N.A.
Dec 12, 2012 HPK Financial Corporation IL Wintrust Financial Corporation
Dec 10, 2012 Lubco Bancshares, Inc. TX Commerce Bancshares, Inc.
Dec 8, 2012 Stone County National Bank MO Liberty Bank
Dec 8, 2012 Stone County National Bancshares, Inc. MO Liberty Bancshares, Inc
Dec 8, 2012 The Emmet County State Bank IA NorthStar Bank
Dec 8, 2012 Mansfield State Bank SD American Bank & Trust

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

Enforcement Actions in 2012

Action date Agency Institution Action
Jul 30, 2012 FRB Regions Bank Section 19 Letters: Sonja Hornbuckle
Jul 27, 2012 OCC Home Federal Bank of Hollywood Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Home Federal Bank of Hollywood
Jul 27, 2012 FRB RBC Bank (USA) Section 19 Letters: Karen Lowe
Jul 25, 2012 OCC Capital One, N.A. C&D or PC&D Requiring Restitution: Capital One, National Association
Jul 25, 2012 FRB (individual) Section 19 Letters: Pamela Smith
Jul 25, 2012 OCC Capital One Bank (USA), N.A. C&D or PC&D Requiring Restitution: Capital One Bank (USA), National Association
Jul 25, 2012 OCC Capital One Bank (USA), N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Capital One Bank (USA), National Association
Jul 25, 2012 OCC Capital One, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Capital One, National Association
Jul 25, 2012 OCC Smartbiz Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Centrust Bank, National Association
Jul 23, 2012
Released Jul 26, 2012		 FRB (individual) Written Agreement: Cornerstone Bancorp, Inc., St. Petersburg, Florida
Jul 23, 2012 OCC Roebling Bank Formal Agreement: Roebling Bank
Jul 20, 2012 OCC The Citizens National Bank of Meyersdale Formal Agreement: The Citizens National Bank of Meyersdale
Jul 20, 2012
Released Jul 24, 2012		 FRB Entegra Financial Corp. Written Agreement: Macon Bancorp, Franklin, North Carolina (now known as Entegra Financial Corp.)
Jul 19, 2012 OCC (individual) Formal Agreement: Amory FS & LA
Jul 18, 2012 OCC Urban Trust Bank Formal Agreement: Urban Trust Bank
Jul 18, 2012 OCC The Oculina Bank Formal Agreement: The Oculina Bank
Jul 18, 2012 OCC First National Bank of South Carolina Formal Agreement: First Federal of South Carolina, FSB
Jul 17, 2012 OCC Capital One Bank (USA), N.A. Civil Money Penalty (CMP): Capital One Bank (USA), National Association
Jul 17, 2012 OCC Slavie Federal Savings Bank Formal Agreement: Slavie Federal Savings Bank
Jul 17, 2012 OCC Capital One Bank (USA), N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Capital One Bank (USA), National Association
Jul 17, 2012 OCC Capital One Bank (USA), N.A. C&D or PC&D Requiring Restitution: Capital One Bank (USA), National Association
Jul 16, 2012 OCC Golden Bank, N.A. Civil Money Penalty (CMP): Tseng, Richard
Jul 13, 2012
Released Jul 17, 2012		 FRB TCB Holding Company Written Agreement: TCB Holding Company, The Woodlands, Texas
Jul 12, 2012 OCC Beacon Federal Bancorp, Inc. Formal Agreement: Beacon Federal
Jul 9, 2012 OCC Lone Star National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Lone Star National Bank
Jul 9, 2012 OCC Colombo Bancshares, Inc. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Colombo Bank
Jul 6, 2012 OCC Park Bancorp, Inc. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Park Federal Savings Bank
Jul 5, 2012 OCC National Bank of Kansas City Civil Money Penalty (CMP): National Bank of Kansas City
Jul 5, 2012 OCC Heritage Bank, N.A. Civil Money Penalty (CMP): Heritage Bank, National Association
Jul 3, 2012 OCC First Capital Bank Formal Agreement: First Capital Bank
Jul 2, 2012 FRB Fifth Third Bank, N.A. Section 19 Letters: Jasmin Lashell Rice
Jul 2, 2012 FRB Fifth Third Bank, N.A. Section 19 Letters: Tracy Bastin
Jul 2, 2012 FRB Fifth Third Bank, N.A. Section 19 Letters: Hanan M. Rivas
Jul 2, 2012 OCC Golden Bank, N.A. Civil Money Penalty (CMP): Wu, Kenneth
Jun 29, 2012 FRB (individual) Section 19 Letters: Mary Ann Robinson
Jun 29, 2012 FRB Fifth Third Bank, N.A. Section 19 Letters: Kinetra Buggs
Jun 29, 2012 FRB Fifth Third Bank, N.A. Section 19 Letters: Gunnar N. Maehl
Jun 29, 2012 FRB Fifth Third Bank, N.A. Section 19 Letters: Cortina Neely
Jun 29, 2012 FRB Fifth Third Bank, N.A. Section 19 Letters: Carole Kretschmar
Jun 29, 2012 FRB Fifth Third Bank, N.A. Section 19 Letters: Ashley Riley
Jun 29, 2012
Released Jul 3, 2012		 FRB Regal Bancorp, Inc. Written Agreement: Regal Bancorp, Inc., Owings Mills, Maryland
Jun 29, 2012
Released Jul 5, 2012		 FRB First Mutual of Richmond, Inc. Written Agreement: First Mutual of Richmond, Inc. and Richmond Mutual Bancorporation, Inc., both of …
Jun 29, 2012 FRB Fifth Third Bank, N.A. Section 19 Letters: Tiffany Nelson
Jun 29, 2012 FRB Fifth Third Bank, N.A. Section 19 Letters: Sarita Landrum
Jun 29, 2012 FRB Fifth Third Bank, N.A. Section 19 Letters: Nikki Highfield
Jun 27, 2012 OCC Merchants Bank of California, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Roberts, Daniel
Jun 27, 2012 OCC Greenchoice Bank, FSB Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Greenchoice Bank, FSB
Jun 27, 2012 OCC Merchants Bank of California, N.A. Civil Money Penalty (CMP): Chu, Jane
Jun 27, 2012 OCC Merchants Bank of California, N.A. Civil Money Penalty (CMP): Garza, Rod
Jun 27, 2012 OCC Merchants Bank of California, N.A. Civil Money Penalty (CMP): Roberts, Daniel

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