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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
Feb 7, 2012 OCC (individual) Civil Money Penalty (CMP): McClellan, Michael
Feb 7, 2012 OCC (individual) Civil Money Penalty (CMP): Schmidtberger, Randy
Feb 6, 2012 OCC Eagle National Bancorp, Inc. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Eagle National Bank
Feb 6, 2012 OCC First National Bank Prohibition/Removal Orders: McCaslin, Henry
Feb 3, 2012 FRB New Peoples Bank, Inc. Section 19 Letters: Gary Allen Lawson
Feb 3, 2012 FRB New Peoples Bank, Inc. Section 19 Letters: Kenneth Darrell Hart
Feb 2, 2012
Released Feb 7, 2012		 FRB Coastalsouth Bancshares, Inc. Written Agreement: CoastalSouth Bancshares, Inc., Hilton Head, South Carolina
Feb 2, 2012
Released Feb 7, 2012		 FRB Brogan Bankshares, Inc. Written Agreement: Brogan Bankshares, Inc., Kaukauna, Wisconsin
Feb 2, 2012 OCC National Independent Trust Company Formal Agreement: National Independent Trust Company
Feb 2, 2012
Released Jan 4, 2018		 FRB Ambank Holdings, Inc. Written Agreement: Ambank Holdings, Inc., Davenport, Iowa
Feb 1, 2012 OCC (individual) Civil Money Penalty (CMP): Allphin, Charles
Feb 1, 2012 OCC (individual) Civil Money Penalty (CMP): Perrigo, Kathlene
Jan 30, 2012
Released Jan 31, 2012		 FRB Bank of Bartlett Prompt Corrective Action: Bank of Bartlett, Bartlett, Tennessee
Jan 30, 2012 OCC Wawel Bank Civil Money Penalty (CMP): Wlodarczyk, Jerry F.
Jan 26, 2012 OCC Sovereign Reit Holdings, Inc. C&D or PC&D Requiring Restitution: Sovereign Bank
Jan 26, 2012 OCC Community West Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Community West Bank, National Association
Jan 26, 2012 OCC Sovereign Reit Holdings, Inc. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Sovereign Bank
Jan 25, 2012
Released Jan 31, 2012		 FRB Capitol City Bancshares, Inc. Written Agreement: Capitol City Bancshares, Inc., Atlanta, Georgia
Jan 25, 2012 OCC Wawel Bank Civil Money Penalty (CMP): Ranzinger, Robert
Jan 25, 2012 OCC Riverview Community Bank Formal Agreement: Riverview Community Bank
Jan 25, 2012 OCC Wawel Bank Civil Money Penalty (CMP): Walentowicz, Henry C.
Jan 24, 2012 OCC Commerce National Corporation Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Commerce National Bank & Trust
Jan 20, 2012 OCC Presidential Bank, FSB Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Presidential Bank, FSB
Jan 18, 2012 OCC First Federal Savings and Loan Association of Kewanee Formal Agreement: First FS & LA of Kewanee
Jan 18, 2012 OCC First National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First National Bank
Jan 17, 2012 OCC Naugatuck Valley Savings and Loan Formal Agreement: Naugatuck Valley Savings and Loan
Jan 12, 2012 OCC Borrego Springs Bank, National Association Notice of Charges: Borrego Springs Bank, National Association
Jan 12, 2012 FRB Regions Bank Section 19 Letters: William Lazel McKinstry, Jr.
Jan 12, 2012
Released Jan 19, 2012		 FRB Tennessee Central Bancshares, Inc. Written Agreement: Tennessee Central Bancshares, Inc., Parsons, Tennessee
Jan 11, 2012 OCC First National Bank of Wauchula Formal Agreement: First National Bank of Wauchula
Jan 10, 2012
Released Jan 17, 2012		 FRB Southwest Florida Community Bancorp, Inc. Written Agreement: Southwest Florida Community Bancorp, Inc., Fort Myers, Florida
Jan 5, 2012 OCC (individual) Formal Agreement: American National Bank
Jan 5, 2012 OCC T Bank, N.A. Notice of Charges: Adams, Patrick
Jan 4, 2012
Released Jan 10, 2012		 FRB Gold Canyon Bank Written Agreement: Gold Canyon Bank, Gold Canyon, Arizona
Jan 3, 2012 OCC The First National Bank of McConnelsville Civil Money Penalty (CMP): The First National Bank of McConnelsville

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