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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 1, 2012 Kit Carson State Bank CO The Eastern Colorado Bank
Dec 1, 2012 The Community Bank, A Massachusetts Cooperative Bank MA Eastern Bank
Dec 1, 2012 Water Company Employees Credit Union IL Catholic and Community Credit Union
Dec 1, 2012 Ashby Federal Credit Union MN Mid Minnesota Federal Credit Union
Dec 1, 2012 Osage Federal Bank OK American Heritage Bank
Nov 30, 2012 Nfta Employees Federal Credit Union NY Radius Federal Credit Union
Nov 30, 2012 DON-CO. Investment Company KS Pony Express Bancorp, Inc.
Nov 28, 2012 United Bank of Kansas KS Bank of Blue Valley
Nov 27, 2012 First White Oak Bancshares, Inc. TX VeraBank, Inc.
Nov 26, 2012 White Oak Bancshares, Inc. TX First White Oak Bancshares, Inc.
Nov 17, 2012 First Bank of Delaware DE The Bryn Mawr Trust Company
Nov 17, 2012 Citizens State Bank of Shakopee MN Stonebridge Bank
Nov 17, 2012 New England Bancshares, Inc. CT United Financial Bancorp, Inc.
Nov 17, 2012 New England Bank CT United Bank
Nov 17, 2012 The First National Bank of Platteville WI Wisconsin Bank & Trust
Nov 16, 2012 Slater Bancshares, Inc. MO Exchange Bancorp of Missouri, Inc.
Nov 16, 2012 State Bank of Slater MO Exchange Bank of Missouri
Nov 16, 2012 Cottage Savings Bank OH American Savings Bank, FSB
Nov 16, 2012 First Shares, Inc. WI Heartland Financial USA, Inc.
Nov 16, 2012 El Barrio Federal Credit Union NY Usalliance Federal Credit Union
Nov 15, 2012 Circle Bank CA Columbia Bank
Nov 15, 2012 Ryan Bancshares, Inc. OK First Summit Bank
Nov 15, 2012 Brewer Bancorp, Inc. OK First Summit Bank
Nov 13, 2012 Dallas Txdot Credit Union TX America's Credit Union
Nov 12, 2012 Housing Capital Company CA U.S. Bank N.A.
Nov 12, 2012 Saint Luke Parish Federal Credit Union OH Incenta Federal Credit Union
Nov 12, 2012 U.S. Bancorp Construction Funding, Inc. MN U.S. Bank N.A.
Nov 10, 2012 Mercy Health Services Employees Federal Credit Union MD Municipal Employees Credit Union of Baltimore, Inc
Nov 10, 2012 Central Co-operative Bank MA Rockland Trust Company
Nov 10, 2012 Central Bancorp, Inc. MA Independent Bank Corp.
Nov 10, 2012 (unnamed) — River Valley Financial Bank
Nov 5, 2012 Northstar Bank of Texas TX Northstar Bank
Nov 5, 2012 U.F.C.W. Union Local 880 Credit Union OH Firefighters Community Cu
Nov 3, 2012 Flatbush Federal Savings and Loan Association NY Northfield Bank
Nov 2, 2012 Inland Community Bank, National Association CA AmericanWest Bank
Nov 2, 2012 Icb Financial CA Starbuck Bancshares, Inc.
Nov 2, 2012 Kleberg Delaware, Inc. DE Kleberg and Company Bankers, Inc.
Nov 1, 2012 Quimper Community Federal Credit Union WA Kitsap Credit Union
Nov 1, 2012 Northcountry Cooperative Federal Credit Union MN Northwinds Federal Credit Union
Nov 1, 2012 ING Bank, FSB DE Capital One, N.A.
Nov 1, 2012 South Valley Bancorp, Inc. OR WaFd, Inc.
Nov 1, 2012 Asb Bank Holding Company SD Leackco Bank Holding Company, Inc.
Nov 1, 2012 South Valley Bank & Trust OR WaFd Bank
Nov 1, 2012 Bonner Springs Federal Credit Union KS MainStreet Federal Credit Union
Nov 1, 2012 Riverwest Federal Credit Union OK Oklahoma Central Credit Union
Nov 1, 2012 Shaw's Employees Federal Credit Union ME Trugrocer Federal Credit Union
Nov 1, 2012 Uti Employees Credit Union PA American Heritage Federal Credit Union
Nov 1, 2012 Elkhart Postal Employees Federal Credit Union IN Inova Federal Credit Union
Nov 1, 2012 Government Employees Credit Union IA Cent Credit Union
Nov 1, 2012 Tribune Credit Union ID Clearwater Credit Union

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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