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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
May 12, 2012 Bank of Birch Tree MO Landmark Bank
May 5, 2012 First Bank of White SD First Bank & Trust
May 2, 2012 Wachovia Capital Investors, Inc. NC Wells Fargo & Company
May 1, 2012 Citizens Community Bank ID Glacier Bank
May 1, 2012 Western Security Bank MT Glacier Bank
May 1, 2012 Bank of the San Juans CO Glacier Bank
May 1, 2012 Kingdom Federal Credit Union VA Abnb Federal Credit Union
May 1, 2012 Mountain West Bank ID Glacier Bank
May 1, 2012 Big Sky Western Bank MT Glacier Bank
May 1, 2012 First Citizens of Paris, Inc. IL First Farmers Financial Corporation
May 1, 2012 The Citizens National Bank of Paris IL First Farmers Bank & Trust Co.
May 1, 2012 Ada Employees Credit Union TX Houston Highway Credit Union
May 1, 2012 1st Bank WY Glacier Bank
May 1, 2012 Capitol Finance Group, Inc. NC Wells Fargo & Company
May 1, 2012 Copiah-Lincoln Educators Federal Credit Union MS Mississippi Public Employees Federal Credit Union
May 1, 2012 First Security Bank of Missoula MT Glacier Bank
May 1, 2012 First Bank of Montana MT Glacier Bank
May 1, 2012 Valley Bank of Helena MT Glacier Bank
May 1, 2012 Emsco Credit Union UT P & S Credit Union
May 1, 2012 Area West Federal Credit Union TX Transtar Federal Credit Union
May 1, 2012 Access First Federal Credit Union MI United Bay Community Credit Union
May 1, 2012 Spectrum Federal Credit Union CA Chevron Federal Credit Union
May 1, 2012 Anderson South Carolina City Employees Federal Credit Union SC S.C. State Federal Credit Union
May 1, 2012 Saint Agnes Hospital Federal Credit Union CA Educational Employees Credit Union
May 1, 2012 Utelco Credit Union, Inc. OH Superior Credit Union Inc
May 1, 2012 Lorain County Postal Employees Credit Union, Inc. OH Ohio's First Class Credit Union
May 1, 2012 Elwood City Holy Redeemer Parish Federal Credit Union PA Freedom United Federal Credit Union
May 1, 2012 State Bank of Bricelyn MN Farmers Trust & Savings Bank
May 1, 2012 First Bank of Wyoming WY Glacier Bank
Apr 30, 2012 Intext Employees Federal Credit Union PA Net Federal Credit Union
Apr 30, 2012 St Agatha Federal Credit Union ME Acadia Federal Credit Union
Apr 27, 2012 Bank of Tokyo-Mitsubishi UFJ Trust Company CA Ub Leasing Corporation
Apr 25, 2012 The Peoples National Bank SC South State Bank
Apr 25, 2012 Peoples Bancorporation, Inc. SC SouthState Bank Corporation
Apr 25, 2012 Seneca National Bank SC South State Bank
Apr 25, 2012 Bank of Anderson, National Association SC South State Bank
Apr 23, 2012 Connecticut Energy Employees Credit Union, Inc. CT Mutual Security Credit Union, Inc.
Apr 21, 2012 First State Bank of Mapleton IA The Security National Bank of Sioux City, Iowa
Apr 21, 2012 Farmers State Bank of Dent MN United Community Bank
Apr 21, 2012 Centra Bank, Inc. WV United Bank
Apr 20, 2012 The Connecticut Bank and Trust Company CT Berkshire Bank
Apr 16, 2012 McKinley Memorial Federal Credit Union PA Freedom Credit Union
Apr 16, 2012 Gateway Bancshares, Inc. GA Builtwell Bancorp, Inc
Apr 14, 2012 Brazos Valley Bank, National Association TX American Momentum Bank
Apr 11, 2012 Frontier Bank NE Cornerstone Bank
Apr 7, 2012 Iscola Federal Credit Union LA Morton Weeks Federal Credit Union
Apr 7, 2012 Farmers National Bank KY Heritage Bank, Inc.
Apr 6, 2012 DB Holding Company, Inc. NE DS Holding Company, Inc.
Apr 4, 2012 Kenrick Federal Credit Union PA Trumark Credit Union
Apr 3, 2012 St. Edmond's Federal Savings Bank PA Beneficial Bank

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

Browse adjacent years: 2011 · 2013

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