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 | Assets |
|---|---|---|
| Jan 20, 2012 | American Eagle Savings Bank | $19.3M |
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 | Acquirer |
|---|---|---|
| Aug 1, 2012 | Florida Gulf Bank | Iberiabank |
| Aug 1, 2012 | Premier Commercial Bank, National Association | California United Bank |
| Aug 1, 2012 | American Security Bank and Trust Company | CapStar Bank |
| Aug 1, 2012 | Premier Commercial Bancorp | Cu Bancorp |
| Aug 1, 2012 | Florida Gulf Bancorp, Inc. | Iberiabank Corporation |
| Aug 1, 2012 | American Perspective Bank | Banc of California |
| Aug 1, 2012 | Realtors Federal Credit Union | Northwest Federal Credit Union |
| Jul 31, 2012 | (unnamed) | Bank of Belton |
| Jul 31, 2012 | Leasenet Group, LLC | The Huntington National Bank |
| Jul 31, 2012 | Voyager Fleet Systems Inc. | U.S. Bank N.A. ND |
| Jul 21, 2012 | Valliance Texas Financial Holdings, Inc. | Valliance Financial Corp. |
| Jul 21, 2012 | Houston Business Bank | Texas First Bank |
| Jul 21, 2012 | Valliance Bank | Valliance Bank |
| Jul 20, 2012 | F C Bankers Services, Inc. | F C Holdings, Inc. |
| Jul 17, 2012 | Heartland Bancshares, Inc. | Horizon Bancorp, Inc. |
| Jul 17, 2012 | Heartland Community Bank | Horizon Bank |
| Jul 16, 2012 | Yellowstone Trail Bancorporation | Ipswich Community Bancshares, Inc. |
| Jul 14, 2012 | State Bank of Carbondale | The First Security Bank |
| Jul 14, 2012 | State Bank & Trust Co. | The Bank of Commerce |
| Jul 13, 2012 | Bank of Naples | Central Bank |
| Jul 7, 2012 | Highland Falls Federal Savings and Loan Association | Wallkill Valley Federal Savings and Loan Association |
| Jul 6, 2012 | Citizens Automobile Finance, Inc | Citizens Bank, N.A. |
| Jul 6, 2012 | Oh Investment Corp. IV | Citizens Bank, N.A. |
| Jul 5, 2012 | N.M.H. Federal Credit Union | Community Regional Credit Union |
| Jul 3, 2012 | First State Bank | GNB Bank |
| Jul 3, 2012 | Security Business Bancorp | Starbuck Bancshares, Inc. |
| Jul 3, 2012 | Security Business Bank of San Diego | AmericanWest Bank |
| Jul 2, 2012 | The First State Bank of Burlingame | Flint Hills Bank |
| Jul 1, 2012 | Olan Mills Savings Association Credit Union | Trust Federal Credit Union |
| Jul 1, 2012 | Community Bank, Austin | Community National Bank |
| Jul 1, 2012 | First National Bank of Muskogee | Firstar Bank |
| Jul 1, 2012 | M&I Business Credit, LLC | BMO Bank N.A. |
| Jul 1, 2012 | First Munday Bancshares, Inc. | First Baird Bancshares, Inc. |
| Jul 1, 2012 | American State Financial Corporation | Prosperity Bancshares, Inc. |
| Jul 1, 2012 | Peoples Electric Power Credit Union | Utah Power Credit Union |
| Jul 1, 2012 | NYC Mercury Credit Union, Inc. | Eaton Family Credit Union |
| Jul 1, 2012 | Human Services Employees Credit Union | Center Parc Credit Union |
| Jul 1, 2012 | Baptist Regional Medical Federal Credit Union | Harvesters Federal Credit Union |
| Jul 1, 2012 | Family 1 Federal Credit Union | Credit Union of Southern California, a Federal Credit Union |
| Jul 1, 2012 | Independence Parkway Federal Credit Union | Space City Credit Union |
| Jul 1, 2012 | Shoshone County School Employees Credit Union | Potlatch NO.1 Financial Credit Union |
| Jul 1, 2012 | Credit Union One Credit Union | American United Federal Credit Union |
| Jul 1, 2012 | American State Bank | Prosperity Bank |
| Jul 1, 2012 | First National Bank in Munday | First National Bank Baird |
| Jul 1, 2012 | Noridian Employees Credit Union | Capital Credit Union |
| Jul 1, 2012 | Madison V.A. Employees Credit Union | Dane County Credit Union |
| Jul 1, 2012 | Bellwood Federal Credit Union | Henrico Federal Credit Union |
| Jul 1, 2012 | Valleystone Credit Union | Polish National Credit Union |
| Jul 1, 2012 | Abaco Maryland Federal Credit Union | Atlantic Financial Federal Credit Union |
| Jul 1, 2012 | Moapa Valley Federal Credit Union | America First Federal 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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