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 |
|---|---|---|
| Apr 3, 2012 | Se Financial Corp | Beneficial Bancorp, Inc. |
| Apr 3, 2012 | CVPS Employees Credit Union | Heritage Family Federal Credit Union |
| Apr 2, 2012 | Highlands Bancshares, Inc. | Legacytexas Financial Group, Inc. |
| Apr 2, 2012 | The First National Bank of Jacksboro | LegacyTexas Bank |
| Apr 2, 2012 | Olol Regional Federal Credit Union | Campus Federal Credit Union |
| Apr 1, 2012 | The Bank Arlington | Prosperity Bank |
| Apr 1, 2012 | I Bank Holding Company, Inc. | Independent Bank Group, Inc. |
| Apr 1, 2012 | Anderen Bank | 1st United Bank |
| Apr 1, 2012 | Anderen Financial, Inc. | 1st United Bancorp, Inc. |
| Apr 1, 2012 | I Bank Texas, SSB | Independent Bank |
| Apr 1, 2012 | The Chuo Mitsui Trust and Banking Co., Ltd. | Sumitomo Mitsui Trust Bank, Limited |
| Apr 1, 2012 | H H a Federal Credit Union | Space City Credit Union |
| Apr 1, 2012 | Tower Credit Union | Connexus Credit Union |
| Apr 1, 2012 | (unnamed) | Impact Bank |
| Apr 1, 2012 | K E M Credit Union | Leeco Credit Union |
| Apr 1, 2012 | Roanoke County Schools Federal Credit Union | Roanoke Valley Community Federal Credit Union |
| Apr 1, 2012 | U P W a District 1 Area 5 Credit Union | South Division Credit Union |
| Apr 1, 2012 | Pike County Teachers Federal Credit Union | Sunbelt Federal Credit Union |
| Apr 1, 2012 | Petroleum Associates Federal Credit Union | Energy One Federal Credit Union |
| Apr 1, 2012 | Prosperity Federal Credit Union | Pacific Transportation Federal Credit Union |
| Apr 1, 2012 | Oak Ridge School Federal Credit Union | Knoxville Teachers Federal Credit Union |
| Apr 1, 2012 | Arvin Employees Credit Union | Ozark Federal Credit Union |
| Apr 1, 2012 | Allegis Credit Union | Honor Credit Union dba Honor Investment Services |
| Apr 1, 2012 | The Wellsville Bank | Landmark National Bank |
| Apr 1, 2012 | Pocahy Family Federal Credit Union | Mountain America Federal Credit Union |
| Apr 1, 2012 | Calcasieu Federal Employees Credit Union | Southwest Louisiana Credit Union |
| Apr 1, 2012 | Circolo Campobello Di Licata Federal Credit Union | Empire One Federal Credit Union |
| Apr 1, 2012 | State Bank of Cokato | Kensington Bank |
| Apr 1, 2012 | Dixiecon Federal Credit Union | Hopewell Chemical Federal Credit Union |
| Mar 31, 2012 | Filene Federal Credit Union | Webster First Federal Credit Union |
| Mar 31, 2012 | Centrust Financial, Inc. | United Community Bancshares, Inc. |
| Mar 31, 2012 | Ely Steelworkers Credit Union | Northridge Community Credit Union |
| Mar 31, 2012 | Buffalo Fire Department Federal Credit Union | Crossroads Community Federal Credit Union |
| Mar 31, 2012 | Central York Federal Credit Union | White Rose Credit Union |
| Mar 31, 2012 | American Bank of Texas, National Association | American Bank of Texas |
| Mar 31, 2012 | Wilberforce University Federal Credit Union | Heartland Federal Credit Union |
| Mar 31, 2012 | Bliley Federal Credit Union | Widget Federal Credit Union |
| Mar 31, 2012 | Mon/Marine Federal Credit Union | Frick Financial Federal Credit Union |
| Mar 30, 2012 | Bonneville Bancorp | Green Dot Corporation |
| Mar 27, 2012 | Bluefield Municipal Employees Federal Credit Union | National Employees Federal Credit Union |
| Mar 24, 2012 | Union State Bank | First Community Bank |
| Mar 24, 2012 | Pilsen State Bank, Lincolnville, Kansas | Cottonwood Valley Bank |
| Mar 17, 2012 | State Bank of Bird Island | Frandsen Bank & Trust |
| Mar 17, 2012 | Bay Bank & Trust Co. | Trustmark Bank |
| Mar 15, 2012 | Crestmont Baptist Fcu | Freedom Credit Union |
| Mar 10, 2012 | Mainline National Bank | S & T Bank |
| Mar 10, 2012 | Town North Bank Nevada, N.A. | Dallas Capital Bank, National Association |
| Mar 10, 2012 | Mainline Bancorp, Inc. | S&T Bancorp, Inc. |
| Mar 8, 2012 | Times-News Employees Credit Union | Magic Valley Federal Credit Union |
| Mar 3, 2012 | RBC Bank (USA) | PNC Bank, N.A. |
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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