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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 1, 2012 Kit Carson State Bank CO The Eastern Colorado Bank
Dec 1, 2012 The Community Bank, A Massachusetts Cooperative Bank MA Eastern Bank
Dec 1, 2012 Water Company Employees Credit Union IL Catholic and Community Credit Union
Dec 1, 2012 Ashby Federal Credit Union MN Mid Minnesota Federal Credit Union
Dec 1, 2012 Osage Federal Bank OK American Heritage Bank
Nov 30, 2012 Nfta Employees Federal Credit Union NY Radius Federal Credit Union
Nov 30, 2012 DON-CO. Investment Company KS Pony Express Bancorp, Inc.
Nov 28, 2012 United Bank of Kansas KS Bank of Blue Valley
Nov 27, 2012 First White Oak Bancshares, Inc. TX VeraBank, Inc.
Nov 26, 2012 White Oak Bancshares, Inc. TX First White Oak Bancshares, Inc.
Nov 17, 2012 First Bank of Delaware DE The Bryn Mawr Trust Company
Nov 17, 2012 Citizens State Bank of Shakopee MN Stonebridge Bank
Nov 17, 2012 New England Bancshares, Inc. CT United Financial Bancorp, Inc.
Nov 17, 2012 New England Bank CT United Bank
Nov 17, 2012 The First National Bank of Platteville WI Wisconsin Bank & Trust
Nov 16, 2012 Slater Bancshares, Inc. MO Exchange Bancorp of Missouri, Inc.
Nov 16, 2012 State Bank of Slater MO Exchange Bank of Missouri
Nov 16, 2012 Cottage Savings Bank OH American Savings Bank, FSB
Nov 16, 2012 First Shares, Inc. WI Heartland Financial USA, Inc.
Nov 16, 2012 El Barrio Federal Credit Union NY Usalliance Federal Credit Union
Nov 15, 2012 Circle Bank CA Columbia Bank
Nov 15, 2012 Ryan Bancshares, Inc. OK First Summit Bank
Nov 15, 2012 Brewer Bancorp, Inc. OK First Summit Bank
Nov 13, 2012 Dallas Txdot Credit Union TX America's Credit Union
Nov 12, 2012 Housing Capital Company CA U.S. Bank N.A.
Nov 12, 2012 Saint Luke Parish Federal Credit Union OH Incenta Federal Credit Union
Nov 12, 2012 U.S. Bancorp Construction Funding, Inc. MN U.S. Bank N.A.
Nov 10, 2012 Mercy Health Services Employees Federal Credit Union MD Municipal Employees Credit Union of Baltimore, Inc
Nov 10, 2012 Central Co-operative Bank MA Rockland Trust Company
Nov 10, 2012 Central Bancorp, Inc. MA Independent Bank Corp.
Nov 10, 2012 (unnamed) — River Valley Financial Bank
Nov 5, 2012 Northstar Bank of Texas TX Northstar Bank
Nov 5, 2012 U.F.C.W. Union Local 880 Credit Union OH Firefighters Community Cu
Nov 3, 2012 Flatbush Federal Savings and Loan Association NY Northfield Bank
Nov 2, 2012 Inland Community Bank, National Association CA AmericanWest Bank
Nov 2, 2012 Icb Financial CA Starbuck Bancshares, Inc.
Nov 2, 2012 Kleberg Delaware, Inc. DE Kleberg and Company Bankers, Inc.
Nov 1, 2012 Quimper Community Federal Credit Union WA Kitsap Credit Union
Nov 1, 2012 Northcountry Cooperative Federal Credit Union MN Northwinds Federal Credit Union
Nov 1, 2012 ING Bank, FSB DE Capital One, N.A.
Nov 1, 2012 South Valley Bancorp, Inc. OR WaFd, Inc.
Nov 1, 2012 Asb Bank Holding Company SD Leackco Bank Holding Company, Inc.
Nov 1, 2012 South Valley Bank & Trust OR WaFd Bank
Nov 1, 2012 Bonner Springs Federal Credit Union KS MainStreet Federal Credit Union
Nov 1, 2012 Riverwest Federal Credit Union OK Oklahoma Central Credit Union
Nov 1, 2012 Shaw's Employees Federal Credit Union ME Trugrocer Federal Credit Union
Nov 1, 2012 Uti Employees Credit Union PA American Heritage Federal Credit Union
Nov 1, 2012 Elkhart Postal Employees Federal Credit Union IN Inova Federal Credit Union
Nov 1, 2012 Government Employees Credit Union IA Cent Credit Union
Nov 1, 2012 Tribune Credit Union ID Clearwater Credit Union

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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