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
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
Aug 25, 2012	Mercantile Bank and Trust Company	MA	Commerce Bank & Trust Company
Aug 25, 2012	Farmer City State Bank	IL	Heartland Bank and Trust Company
Aug 25, 2012	The Exchange National Bank of Cottonwood Falls	KS	The Citizens State Bank
Aug 25, 2012	Mercantile Capital Corp	MA	Commerce Bancshares Corp.
Aug 25, 2012	Financial Members Federal Credit Union	IN	Fort Financial Federal Credit Union
Aug 23, 2012	Sound Financial, Inc.	WA	Sound Financial Bancorp, Inc.
Aug 21, 2012	First Federal Leasing, Inc.	IN	First Bank Midwest
Aug 18, 2012	Farmers Deposit Bank	KY	Citizens Deposit Bank & Trust
Aug 18, 2012	Gateway Bancorp	CA	Banc of California, Inc.
Aug 18, 2012	Gateway Business Bank	CA	Banc of California, National Association
Aug 18, 2012	Ohio River Bank	OH	Citizens Deposit Bank & Trust
Aug 18, 2012	Superior Bank	WI	Chippewa Valley Bank
Aug 17, 2012	Texas Coastal Bank	TX	Texas First Bank
Aug 16, 2012	Northwest Bank	OR	Northwest Bank
Aug 16, 2012	Desert Commercial Bank	CA	First Foundation Bank
Aug 15, 2012	Carol Wire & Cable Corp Employees Federal Credit Union	RI	Navigant Credit Union
Aug 15, 2012	Millennium Bank	CO	Centennial Bank
Aug 15, 2012	Northstar Financial Corporation	TX	Carlile Bancshares, Inc.
Aug 11, 2012	Gotham Bank of New York	NY	Sterling National Bank
Aug 4, 2012	Anne Arundel County Employees Federal Credit Union	MD	State Employees Credit Union of Maryland Inc.
Aug 3, 2012	Montana First Credit Union	MT	Horizon Credit Union
Aug 2, 2012	Bankatlantic	FL	Truist Bank
Aug 2, 2012	Vist Financial Corp.	PA	Tompkins Financial Corporation
Aug 2, 2012	Members First Credit Union, Inc	OH	Pathways Financial Credit Union, Inc.
Aug 2, 2012	Western Credit Union, Inc.	OH	Pathways Financial Credit Union, Inc.
Aug 1, 2012	First Community Bank	KS	The Lyon County State Bank
Aug 1, 2012	Mountain Valley Federal Credit Union	WV	West Virginia Federal Credit Union
Aug 1, 2012	University Drive V.A.H. Federal Credit Union	PA	Va Pittsburgh Employees Federal Credit Union
Aug 1, 2012	North Orange County Credit Union	CA	Credit Union of Southern California, a Federal Credit Union
Aug 1, 2012	Ufcw Northwest Federal Credit Union	OR	Northwest Community Credit Union
Aug 1, 2012	Abilene Telco Federal Credit Union	TX	First Priority Credit Union
Aug 1, 2012	First Star Bank	PA	ESSA Bank & Trust
Aug 1, 2012	Medical Area Federal Credit Union	MA	RTN Federal Credit Union
Aug 1, 2012	Rushville State Bank	MO	Exchange Bank & Trust
Aug 1, 2012	Branch 825 N a L C Credit Union	IL	Alero Financial Credit Union
Aug 1, 2012	Saint Cletus Credit Union	MI	Michigan Legacy Credit Union
Aug 1, 2012	Sunrise Credit Union	WI	Fox Communities Credit Union
Aug 1, 2012	Carroll Childers Credit Union	TX	United Community Credit Union
Aug 1, 2012	Montgomery County Teachers Federal Credit Union	MD	Educational Systems Federal Credit Union
Aug 1, 2012	Franciscan Skemp Credit Union	WI	Mayo Employees Federal Credit Union
Aug 1, 2012	Truax Credit Union	WI	Heritage Credit Union
Aug 1, 2012	Pacific Rails Credit Union	UT	Cyprus Federal Credit Union
Aug 1, 2012	Memphis Chapter Federal Credit Union	TN	Memphis City Employees Credit Union
Aug 1, 2012	Elkton Bancshares, Inc.	MN	Adams Bancshares, Inc.
Aug 1, 2012	Electropower Credit Union	IL	Electro Savings Credit Union
Aug 1, 2012	First Star Bancorp, Inc.	PA	Essa Bancorp, Inc.
Aug 1, 2012	Legend Financial Corporation	DE	Legend Bancorp, Inc.
Aug 1, 2012	Heartland Community Bank	NE	First Nebraska Bank
Aug 1, 2012	M&I Dealer Finance, Inc.	WI	BMO Bank N.A.
Aug 1, 2012	FPFC Management LLC	NM	Wells Fargo & Company

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

Browse adjacent years: 2011 · 2013

Or jump to a category: Failures · Mergers · Enforcement · Assistance