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
Nov 1, 2012	First Community Credit Union	TN	Listerhill Credit Union
Nov 1, 2012	Ufcw of America Federal Credit Union	NJ	Garden State Federal Credit Union
Nov 1, 2012	Medical Care Employees Federal Credit Union	OH	Seven Seventeen Credit Union Inc
Nov 1, 2012	Dakota Heritage State Bank	SD	Security Bank Midwest
Oct 31, 2012	Scott A. T. O. Federal Credit Union	NY	Good Neighbors Federal Credit Union
Oct 26, 2012	First Community Bank	MO	Equity Bank
Oct 26, 2012	First Community Bancshares, Inc.	KS	Equity Bancshares, Inc.
Oct 22, 2012	BSC, Inc.	KY	Forcht Bancorp, Inc.
Oct 20, 2012	Service1st Bank of Nevada	NV	Bank of Nevada
Oct 20, 2012	1st Commonwealth Bank of Virginia	VA	FVCbank
Oct 20, 2012	Garden City State Bank	KS	KCB Bank
Oct 19, 2012	Beacon Federal Bancorp, Inc.	NY	Beacon Financial Corporation
Oct 19, 2012	Beacon Federal	NY	Berkshire Bank
Oct 18, 2012	Western Liberty Bancorp	NV	Western Alliance Bancorporation
Oct 17, 2012	Electric Federal Credit Union	CA	Excite Credit Union
Oct 16, 2012	Marathon Banking Corporation	NY	Investors Bancorp, Inc.
Oct 16, 2012	Marathon National Bank of New York	NY	Investors Bank
Oct 12, 2012	Marathon State Bank	WI	Peoples State Bank
Oct 12, 2012	Malvern Federal Mutual Holding Company	PA	Malvern Bancorp, Inc
Oct 12, 2012	Southern Community Financial Corporation	NC	Capital Bank Financial Corp.
Oct 12, 2012	Southern Community Bank and Trust	NC	Capital Bank Corporation
Oct 10, 2012	Citizens South Bank	NC	Park Sterling Bank
Oct 9, 2012	MarkleBank	IN	IAB Financial Bank
Oct 6, 2012	M&I Bank of Mayville	WI	BMO Harris Central N.A.
Oct 4, 2012	Madison County Financial Corporation	NE	Madison County Financial, Inc.
Oct 4, 2012	Madison County Holding, MHC	NE	Madison County Financial, Inc.
Oct 2, 2012	Denison District Telephone Credit Union	TX	Texas Telcom Credit Union
Oct 1, 2012	Cat Federal Credit Union	PA	Members 1st Federal Credit Union
Oct 1, 2012	Hawaii Stevedores/Castle & Cooke-Hawaii Federal Credit Union	HI	Aloha Pacific Federal Credit Union
Oct 1, 2012	San Diego Jacl Federal Credit Union	CA	Mission Federal Credit Union
Oct 1, 2012	Santa Monica City Employees Federal Credit Union	CA	Southland Credit Union
Oct 1, 2012	BC3 Employees Federal Credit Union	PA	Trumark Credit Union
Oct 1, 2012	New Mexico Central Credit Union	NM	Rio Grande Credit Union
Oct 1, 2012	Cattleman's National Bank	TX	Lone Star Capital Bank, National Association
Oct 1, 2012	Ferndale Refinery Credit Union	WA	Industrial Credit Union of Whatcom County
Oct 1, 2012	Tri-State Federal Credit Union	WV	Universal Federal Credit Union
Oct 1, 2012	Saint Johns Federal Credit Union	TX	Greater Texas Federal Credit Union
Oct 1, 2012	PCH Federal Credit Union	NY	Hudson Valley Federal Credit Union
Oct 1, 2012	Community Healthcare Credit Union	IL	Community Plus Federal Credit Union
Oct 1, 2012	Spotswood Employees Federal Credit Union	NJ	First Point Federal Credit Union
Oct 1, 2012	A-E Employees Credit Union	IA	Financial Plus Credit Union
Oct 1, 2012	Cca Knoxville Federal Credit Union	TN	New South Credit Union
Oct 1, 2012	First State Bank	TX	First Victoria National Bank
Oct 1, 2012	Byzantine Catholic Federal Credit Union	OH	Unity Catholic Federal Credit Union
Oct 1, 2012	Smith & Sons Employees Credit Union	GA	Center Parc Credit Union
Oct 1, 2012	Citizens South Banking Corporation	NC	Park Sterling Corporation
Oct 1, 2012	Community National Bank	TX	Prosperity Bank
Oct 1, 2012	United Community Bank, National Association	TX	Independent Bank
Oct 1, 2012	Peoples Mortgage Corporation	CO	Peoples National Bank
Oct 1, 2012	Metro Fellowship Federal Credit Union	IL	South Side Community Federal Credit Union

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

Enforcement Actions in 2012

Action date	Agency	Institution	Action
May 7, 2012	OCC	Pickens Savings and Loan Association, Federal Association	Formal Agreement: Pickens S & LA, Fa
May 4, 2012	OCC	BMO Bank N.A.	Prohibition/Removal Orders: Keith, Jason C.
May 4, 2012	OCC	Lifestore Bank	Formal Agreement: Lifestore Bank
May 2, 2012 Released May 10, 2012	FRB	Allied Bank	Written Agreement: ACME Holding Company, Inc., Employee Stock Ownership Plan, ACME Holding Company, Inc., …
Apr 24, 2012	OCC	Hudson Valley Bank, N.A.	Formal Agreement: Hudson Valley Bank, National Association
Apr 23, 2012 Released Apr 24, 2012	FRB	(individual)	Written Agreement: Community West Bancshares, Goleta, California
Apr 20, 2012 Released Apr 24, 2012	FRB	Truman Bank	Prompt Corrective Action: Truman Bank, Clayton, Missouri
Apr 20, 2012 Released Apr 24, 2012	FRB	Pacific International Bancorp, Inc.	Written Agreement: Pacific International Bancorp, Seattle, Washington
Apr 19, 2012	OCC	United Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): United Bank
Apr 19, 2012	OCC	The First National Bank of Wamego	Formal Agreement: The First National Bank of Wamego
Apr 19, 2012 Released Apr 25, 2012	FRB	First Community Bank of Tennessee	Written Agreement: Community First, Inc., Columbia, Tennessee
Apr 17, 2012	FRB	Morgan Stanley	Section 19 Letters: Garth Peterson
Apr 17, 2012	FRB	United Bank, Inc.	Section 19 Letters: Roy Cooper
Apr 16, 2012	OCC	(individual)	Formal Agreement: First National Bank
Apr 16, 2012	FRB	North Shore Community Bank & Trust Company	Section 19 Letters: Zohaib Ahmed
Apr 16, 2012	FRB	Marshall & Ilsley Trust Company	Section 19 Letters: Theresa A. Russell
Apr 16, 2012	FRB	Royal Bank of Canada	Section 19 Letters: Nazreen Mohammed
Apr 16, 2012	FRB	RBC Centura Bank	Section 19 Letters: Jennifer Hollifield Simpson
Apr 13, 2012 Released Apr 16, 2012	FRB	(individual)	Cease and Desist Order: Bank of New York Mellon, New York, New York
Apr 13, 2012 Released Apr 16, 2012	FRB	The Bank of New York Mellon	Civil Money Penalty, $6,000,000: THE BANK OF NEW YORK MELLON, New York, New York
Apr 12, 2012	OCC	Alabama Trust Bank, N.A.	Prompt Corrective Action (PCA) Directive: Alabama Trust Bank, National Association
Apr 12, 2012	OCC	(individual)	Formal Agreement: Flatbush FS & LA
Apr 11, 2012	OCC	Home Savings Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Home Savings Bank
Apr 10, 2012	FRB	(individual)	Cease and Desist Order: Louis A. DeNaples
Apr 10, 2012 Released Apr 12, 2012	FRB	Raton Capital Corporation	Written Agreement: Raton Capital Corporation, Raton, New Mexico
Apr 5, 2012	OCC	First Federal Bank Texas	Formal Agreement: First Federal Bank Texas
Apr 5, 2012	FRB	American Express Travel Related Services Company, Inc.	Section 19 Letters: Timothy J. Curley
Apr 5, 2012	OCC	Citibank, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Citibank, National Association
Apr 4, 2012	OCC	The Putnam County National Bank of Carmel	Formal Agreement: The Putnam County National Bank of Carmel
Apr 3, 2012 Released Apr 12, 2012	FRB	(individual)	Written Agreement: NCAL Bancorp, Los Angeles, California
Apr 2, 2012	FRB	Espirito Santo E Comercial De Lisboa, Inc.	Cease and Desist Order: Banco Espírito Santo S.A. (Banco Espirito Santo S.A.), Lisbon, Portugal …
Apr 2, 2012	FRB	Espirito Santo E Comercial De Lisboa, Inc.	Civil Money Penalty, $975,000: Banco Espírito Santo S.A. (Banco Espirito Santo S.A.), Lisbon, Portugal …
Apr 2, 2012	FRB	New Peoples Bank, Inc.	Section 19 Letters: Lisa Marie O'Quinn
Apr 2, 2012	OCC	Trustmark National Bank	Civil Money Penalty (CMP): Trustmark National Bank
Apr 2, 2012 Released Apr 3, 2012	FRB	Morgan Stanley	Cease and Desist Order: Morgan Stanley, New York, New York
Mar 28, 2012	OCC	Southbank, Federal Savings Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Southbank, A Federal Savings Bank
Mar 28, 2012	OCC	SouthBank, a Federal Savings Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Southbank, A Federal Savings Bank
Mar 27, 2012	FRB	American Express Travel Related Services Company, Inc.	Section 19 Letters: Lori Tropiano
Mar 23, 2012	OCC	Security Bank, N.A.	Prompt Corrective Action (PCA) Directive: Security Bank National Association
Mar 22, 2012 Released Mar 27, 2012	FRB	Orrstown Financial Services, Inc.	Written Agreement: Orrstown Financial Services, Inc, and Orrstown Bank, both of Shippensburg, Pennsylvania
Mar 22, 2012	OCC	Flint River National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Flint River National Bank
Mar 22, 2012	FRB	M&T Bank Corporation	Section 19 Letters: Malcolm F. Wilson
Mar 22, 2012	OCC	Mission National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Mission National Bank
Mar 22, 2012	OCC	Bank of St. Augustine	Formal Agreement: Bank of St. Augustine
Mar 21, 2012	OCC	Metropolitan National Bancshares, Inc.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Metropolitan National Bank
Mar 20, 2012	FRB	(individual)	Section 19 Letters: Danielle M. Keane
Mar 20, 2012	FRB	M&T Bank Corporation	Section 19 Letters: Kenneth Nierenberg
Mar 19, 2012	OCC	Sterling Bank and Trust, FSB	Formal Agreement: Sterling Bank and Trust, FSB
Mar 19, 2012 Released Mar 22, 2012	FRB	Remer Bancorporation, Inc.	Written Agreement: Remer Bancorporation, Inc., Remer, Minnesota
Mar 16, 2012	OCC	The First National Bank of Talladega	Formal Agreement: The First National Bank of Talladega

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