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 |
|---|---|---|
| Aug 1, 2012 | Florida Gulf Bank | Iberiabank |
| Aug 1, 2012 | Premier Commercial Bank, National Association | California United Bank |
| Aug 1, 2012 | American Security Bank and Trust Company | CapStar Bank |
| Aug 1, 2012 | Premier Commercial Bancorp | Cu Bancorp |
| Aug 1, 2012 | Florida Gulf Bancorp, Inc. | Iberiabank Corporation |
| Aug 1, 2012 | American Perspective Bank | Banc of California |
| Aug 1, 2012 | Realtors Federal Credit Union | Northwest Federal Credit Union |
| Jul 31, 2012 | (unnamed) | Bank of Belton |
| Jul 31, 2012 | Leasenet Group, LLC | The Huntington National Bank |
| Jul 31, 2012 | Voyager Fleet Systems Inc. | U.S. Bank N.A. ND |
| Jul 21, 2012 | Valliance Texas Financial Holdings, Inc. | Valliance Financial Corp. |
| Jul 21, 2012 | Houston Business Bank | Texas First Bank |
| Jul 21, 2012 | Valliance Bank | Valliance Bank |
| Jul 20, 2012 | F C Bankers Services, Inc. | F C Holdings, Inc. |
| Jul 17, 2012 | Heartland Bancshares, Inc. | Horizon Bancorp, Inc. |
| Jul 17, 2012 | Heartland Community Bank | Horizon Bank |
| Jul 16, 2012 | Yellowstone Trail Bancorporation | Ipswich Community Bancshares, Inc. |
| Jul 14, 2012 | State Bank of Carbondale | The First Security Bank |
| Jul 14, 2012 | State Bank & Trust Co. | The Bank of Commerce |
| Jul 13, 2012 | Bank of Naples | Central Bank |
| Jul 7, 2012 | Highland Falls Federal Savings and Loan Association | Wallkill Valley Federal Savings and Loan Association |
| Jul 6, 2012 | Citizens Automobile Finance, Inc | Citizens Bank, N.A. |
| Jul 6, 2012 | Oh Investment Corp. IV | Citizens Bank, N.A. |
| Jul 5, 2012 | N.M.H. Federal Credit Union | Community Regional Credit Union |
| Jul 3, 2012 | First State Bank | GNB Bank |
| Jul 3, 2012 | Security Business Bancorp | Starbuck Bancshares, Inc. |
| Jul 3, 2012 | Security Business Bank of San Diego | AmericanWest Bank |
| Jul 2, 2012 | The First State Bank of Burlingame | Flint Hills Bank |
| Jul 1, 2012 | Olan Mills Savings Association Credit Union | Trust Federal Credit Union |
| Jul 1, 2012 | Community Bank, Austin | Community National Bank |
| Jul 1, 2012 | First National Bank of Muskogee | Firstar Bank |
| Jul 1, 2012 | M&I Business Credit, LLC | BMO Bank N.A. |
| Jul 1, 2012 | First Munday Bancshares, Inc. | First Baird Bancshares, Inc. |
| Jul 1, 2012 | American State Financial Corporation | Prosperity Bancshares, Inc. |
| Jul 1, 2012 | Peoples Electric Power Credit Union | Utah Power Credit Union |
| Jul 1, 2012 | NYC Mercury Credit Union, Inc. | Eaton Family Credit Union |
| Jul 1, 2012 | Human Services Employees Credit Union | Center Parc Credit Union |
| Jul 1, 2012 | Baptist Regional Medical Federal Credit Union | Harvesters Federal Credit Union |
| Jul 1, 2012 | Family 1 Federal Credit Union | Credit Union of Southern California, a Federal Credit Union |
| Jul 1, 2012 | Independence Parkway Federal Credit Union | Space City Credit Union |
| Jul 1, 2012 | Shoshone County School Employees Credit Union | Potlatch NO.1 Financial Credit Union |
| Jul 1, 2012 | Credit Union One Credit Union | American United Federal Credit Union |
| Jul 1, 2012 | American State Bank | Prosperity Bank |
| Jul 1, 2012 | First National Bank in Munday | First National Bank Baird |
| Jul 1, 2012 | Noridian Employees Credit Union | Capital Credit Union |
| Jul 1, 2012 | Madison V.A. Employees Credit Union | Dane County Credit Union |
| Jul 1, 2012 | Bellwood Federal Credit Union | Henrico Federal Credit Union |
| Jul 1, 2012 | Valleystone Credit Union | Polish National Credit Union |
| Jul 1, 2012 | Abaco Maryland Federal Credit Union | Atlantic Financial Federal Credit Union |
| Jul 1, 2012 | Moapa Valley Federal Credit Union | America First Federal 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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