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
Dec 14, 2012	Community Bank of the Ozarks	Sunrise, MO	$42.8M	Bank of Sullivan
Nov 16, 2012	Hometown Communitybank	Braselton, GA	$124.6M	Certusbank, N.A.
Nov 2, 2012	Citizens First National Bank	Princeton, IL	$924.0M	Heartland Bank and Trust Company
Nov 2, 2012	Heritage Bank of Florida	Lutz, FL	$225.5M	Centennial Bank
Oct 26, 2012	Nova Bank	Berwyn, PA	$444.7M	—
Oct 19, 2012	Excel Bank	Sedalia, MO	$186.1M	Simmons First National Bank
Oct 19, 2012	Gulfsouth Private Bank	Destin, FL	$139.4M	SmartBank
Oct 19, 2012	First East Side Savings Bank	Tamarac, FL	$65.7M	Stearns Bank N.A.
Sep 28, 2012	First United Bank	Crete, IL	$328.4M	Old Plank Trail Community Bank, N.A.
Sep 14, 2012	Truman Bank	St. Louis, MO	$282.3M	Simmons First National Bank
Sep 7, 2012	First Commercial Bank	Bloomington, MN	$215.9M	Republic Bank & Trust Company
Aug 3, 2012	Waukegan Savings Bank	Waukegan, IL	$83.7M	First Midwest Bank
Jul 27, 2012	Jasper Banking Company	Jasper, GA	$206.7M	Stearns Bank N.A.
Jul 20, 2012	First Cherokee State Bank	Woodstock, GA	$209.0M	Community & Southern Bank
Jul 20, 2012	Second Federal Savings and Loan Association of Chicago	Chicago, IL	$190.9M	Hinsdale Bank & Trust Company
Jul 20, 2012	Georgia Trust Bank	Buford, GA	$116.9M	Community & Southern Bank
Jul 20, 2012	Heartland Bank	Leawood, KS	$96.0M	Metcalf Bank
Jul 20, 2012	The Royal Palm Bank of Florida	Naples, FL	$78.8M	First National Bank of the Gulf Coast
Jul 13, 2012	Glasgow Savings Bank	Glasgow, MO	$22.3M	Regional Missouri Bank
Jul 6, 2012	Montgomery Bank & Trust	Ailey, GA	$153.2M	Ameris Bank
Jun 15, 2012	Putnam State Bank	Palatka, FL	$169.5M	Harbor Community Bank
Jun 15, 2012	The Farmers Bank of Lynchburg	Lynchburg, TN	$163.9M	Clayton Bank and Trust
Jun 15, 2012	Security Exchange Bank	Marietta, GA	$151.0M	Fidelity Bank
Jun 8, 2012	Waccamaw Bank	Whiteville, NC	$533.1M	First Community Bank
Jun 8, 2012	Carolina Federal Savings Bank	Charleston, SC	$54.4M	Bank of North Carolina
Jun 8, 2012	First Capital Bank	Kingfisher, OK	$44.4M	F & M Bank
Jun 8, 2012	Farmers' and Traders' State Bank	Shabbona, IL	$43.1M	First State Bank
May 18, 2012	Alabama Trust Bank, N.A.	Sylacauga, AL	$51.6M	Southern States Bank
May 4, 2012	Security Bank, N.A.	North Lauderdale, FL	$101.0M	Banesco USA
Apr 27, 2012	Inter Savings Bank, FSB D/b/a/ Interbank, FSB	Maple Grove, MN	$463.8M	Great Southern Bank
Apr 27, 2012	Plantation Federal Bank	Pawleys Island, SC	$433.5M	First Federal Bank
Apr 27, 2012	Harvest Bank of Maryland	Gaithersburg, MD	$163.0M	Sonabank
Apr 27, 2012	Bank of the Eastern Shore	Cambridge, MD	$162.5M	—
Apr 27, 2012	Palm Desert National Bank	Palm Desert, CA	$129.3M	Pacific Premier Bank
Apr 20, 2012	Fort Lee Federal Savings Bank, FSB	Fort Lee, NJ	$48.9M	Alma Bank
Mar 30, 2012	Fidelity Bank	Dearborn, MI	$818.2M	The Huntington National Bank
Mar 23, 2012	Premier Bank	Wilmette, IL	$268.7M	International Bank of Chicago
Mar 23, 2012	Convenant Bank & Trust	Rock Spring, GA	$95.7M	Stearns Bank, N.A.
Mar 9, 2012	New City Bank	Chicago, IL	$71.2M	—
Mar 2, 2012	Global Commerce Bank	Doraville, GA	$143.7M	Metro City Bank
Feb 24, 2012	Home Savings of America	Little Falls, MN	$434.1M	—
Feb 24, 2012	Central Bank of Georgia	Ellaville, GA	$278.9M	Ameris Bank
Feb 10, 2012	SCB Bank	Shelbyville, IN	$182.6M	First Merchants Bank, N.A.
Feb 10, 2012	Charter National Bank and Trust	Hoffman Estates, IL	$93.9M	Barrington Bank & Trust Company, N.A.
Jan 27, 2012	Tennessee Commerce Bank	Franklin, TN	$1.01B	Republic Bank & Trust Company
Jan 27, 2012	First Guaranty Bank and Trust Company of Jacksonville	Jacksonville, FL	$397.1M	Centerstate Bank of Florida, N.A.
Jan 27, 2012	Bankeast	Knoxville, TN	$261.9M	U.S. Bank N.A.
Jan 27, 2012	Patriot Bank Minnesota	Forest Lake, MN	$105.0M	First Resource Bank
Jan 20, 2012	The First State Bank	Stockbridge, GA	$516.8M	Hamilton State Bank
Jan 20, 2012	Central Florida State Bank	Belleview, FL	$71.5M	Centerstate Bank of Florida, 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
Sep 30, 2012	South Berkeley Federal Credit Union	WV	Bayer Heritage Federal Credit Union
Sep 30, 2012	Agrico Chem Federal Credit Union	LA	Shell Geismar Federal Credit Union
Sep 29, 2012	Hartford Postal Employees Credit Union	CT	American Eagle Financial Credit Union, Inc.
Sep 29, 2012	Rochester Dairy Cooperative Credit Union	MN	First Alliance Credit Union
Sep 29, 2012	Trinity Credit Union	CO	Power Credit Union
Sep 27, 2012	Gmac European Auto Finance Holdings LLC	—	Ib Finance Holding Company, LLC
Sep 25, 2012	Capital Bank Corporation	NC	Capital Bank Financial Corp.
Sep 24, 2012	The First National Bank of Southern Kansas	KS	The First National Bank of Hutchinson
Sep 22, 2012	First National Bank	MN	Bell Bank
Sep 22, 2012	Oceanic Bank Holding, Inc.	CA	FNB Bancorp
Sep 22, 2012	Oceanic Bank	CA	First National Bank of Northern California
Sep 21, 2012	Colorado Valley Bank,SSB	TX	Pioneer Bank, SSB
Sep 21, 2012	Gmac Latin America Holdings LLC	MI	Ib Finance Holding Company, LLC
Sep 21, 2012	TIB Financial Corp.	FL	Capital Bank Financial Corp.
Sep 21, 2012	La Grange Bancshares, Incorporated	TX	Pioneer Bank, SSB
Sep 21, 2012	Green Bankshares, Inc.	TN	Capital Bank Financial Corp.
Sep 19, 2012	Vamc Fayetteville Federal Credit Union	NC	Vision Financial Federal Credit Union
Sep 15, 2012	First Federal Savings Bank	WV	Peoples Bank
Sep 15, 2012	Keysource Financial, Inc.	NC	BNC Bancorp
Sep 15, 2012	Sistersville Bancorp, Inc.	WV	Peoples Bancorp Inc.
Sep 15, 2012	Keysource Commercial Bank	NC	Bank of North Carolina
Sep 15, 2012	Indiana Community Bancorp	IN	Old National Bancorp
Sep 15, 2012	Encore Bank, National Association	TX	Cadence Bank, N.A.
Sep 15, 2012	Gateway Bank & Trust	GA	Builtwell Bank
Sep 15, 2012	Indiana Bank and Trust Company	IN	Old National Bank
Sep 5, 2012	CR Community First Federal Credit Union	SD	Black Hills Federal Credit Union
Sep 4, 2012	PNC Mortgage Services, Inc.	OH	PNC Bank, N.A.
Sep 4, 2012	Tetco Employees Federal Credit Union	PA	Benchmark Federal Credit Union
Sep 1, 2012	Panhandle Public Employees Federal Credit Union	ID	Potlatch NO.1 Financial Credit Union
Sep 1, 2012	Inspire Community Development Federal Credit Union	MI	Advia Credit Union
Sep 1, 2012	Sonoran Bank, N.A.	AZ	KS Statebank
Sep 1, 2012	(unnamed)	—	BMO Bank N.A.
Sep 1, 2012	Central State Hospital Credit Union	GA	CGR Credit Union
Sep 1, 2012	Bay Pines Federal Credit Union	FL	Midflorida Credit Union
Sep 1, 2012	R T C Federal Credit Union	PA	Transit Workers Federal Credit Union
Sep 1, 2012	I-R Employees Federal Credit Union	NC	Allegacy Federal Credit Union
Sep 1, 2012	First Federal Savings and Loan Association of Pekin	IL	Community Partners Savings Bank
Sep 1, 2012	Indian River Federal Credit Union	FL	Midflorida Credit Union
Sep 1, 2012	East Kentucky Employees Federal Credit	KY	Members Heritage Credit Union Inc
Sep 1, 2012	Bilt Well Credit Union	IA	Holy Ghost Parish Credit Union
Sep 1, 2012	Rainbow Credit Union	WI	Ripco Credit Union
Sep 1, 2012	Massachusetts State Employees Credit Union	MA	Metro Credit Union
Sep 1, 2012	Chicago Heights Steel Credit Union	IL	Illiana Financial Credit Union
Sep 1, 2012	Charleston Postal Cooperative Federal Credit Union	SC	CPM Federal Credit Union
Sep 1, 2012	Alliant Bank	KS	Legacy Bank
Sep 1, 2012	Columbian Federal Credit Union	OH	Unity Catholic Federal Credit Union
Sep 1, 2012	Greater Ozarks Community Credit Union	MO	Blucurrent Credit Union
Sep 1, 2012	Memberstrust Credit Union	VA	Bayport Federal Credit Union
Aug 29, 2012	Baptist Employees Credit Union	NC	First Carolina People's Credit Union
Aug 28, 2012	Signature Bank	KS	Equity Bank

The list holds 500 of the 612 mergers recorded for 2012.

Enforcement Actions in 2012

Action date	Agency	Institution	Action
Dec 19, 2012	OCC	(individual)	Formal Agreement: Home FS & LA of Collinsville
Dec 19, 2012	OCC	Ben Franklin Bank of Illinois	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Ben Franklin Bank of Illinois
Dec 19, 2012	OCC	Acacia Federal Savings Bank	Formal Agreement: Acacia Federal Savings Bank
Dec 18, 2012	OCC	Citizens Financial Bank	Formal Agreement: Citizens Financial Bank
Dec 18, 2012	FRB	The Goldman Sachs Group, Inc.	Section 19 Letters: Rajat K. Gupta.
Dec 17, 2012	OCC	Harrington Bank, FSB	Formal Agreement: Harrington Bank, FSB
Dec 14, 2012 Released Jan 22, 2013	FRB	Flathead Holding Company of Bigfork	Written Agreement: Flathead Holding Company of Bigfork, Bigfork, Montana
Dec 11, 2012	OCC	HSBC Bank USA, N.A.	Civil Money Penalty (CMP): HSBC Bank USA, National Association
Dec 11, 2012	OCC	CornerstoneBank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Cornerstonebank
Dec 11, 2012	FRB	(individual)	Civil Money Penalty $165,000,000: HSBC HOLDINGS PLC London, United Kingdom and HSBC NORTH AMERICA …
Dec 11, 2012	FRB	HSBC Holdings PLC	Cease and Desist Order: HSBC Holdings PLC, London, United Kingdom
Dec 11, 2012	OCC	HSBC Bank USA, N.A.	GLBA Agreement: HSBC Bank USA, National Association
Dec 11, 2012	OCC	HSBC Bank USA, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): HSBC Bank USA, National Association
Dec 10, 2012	FRB	RBC Bank (USA)	Section 19 Letters: Annette I. Stoker
Dec 10, 2012	FRB	(individual)	Civil Money Penalty, $100,000,000: STANDARD CHARTERED PLC London, United Kingdom STANDARD CHARTERED BANK London, …
Dec 10, 2012	FRB	(individual)	Cease and Desist Order: STANDARD CHARTERED PLC London, United Kingdom STANDARD CHARTERED BANK London, …
Dec 5, 2012	OCC	American Bank of Huntsville	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Worthington Federal Bank
Dec 4, 2012 Released Dec 18, 2012	FRB	Bsa Financial Services, Inc.	Written Agreement: BSA Financial Services, Inc., Saint Augustine, Florida
Dec 4, 2012	FRB	Bank of Colorado	Section 19 Letters: Patricia C. Cabano
Dec 3, 2012	OCC	The First National Bank of Wellston	Civil Money Penalty (CMP): The First National Bank of Wellston
Nov 30, 2012	OCC	Citizens First National Bank	Civil Money Penalty (CMP): Pennington, Robert B.
Nov 30, 2012	OCC	Los Alamos National Bank	Formal Agreement: Los Alamos National Bank
Nov 30, 2012	OCC	Citizens First National Bank	Prohibition/Removal Orders: Pennington, Robert B.
Nov 29, 2012	OCC	Fieldpoint Private Bank & Trust	Formal Agreement: Fieldpoint Private Bank & Trust
Nov 29, 2012 Released Dec 4, 2012	FRB	Nasb Financial, Inc.	Written Agreement: NASB Financial, Inc., Grandview, Missouri
Nov 28, 2012	FRB	(individual)	Section 19 Letters: Jennifer Hughes-Boyles
Nov 28, 2012	FRB	(individual)	Section 19 Letters: Richard A. Maize
Nov 21, 2012	OCC	Delanco Federal Savings Bank	Formal Agreement: Delanco Federal Savings Bank
Nov 14, 2012	OCC	Wells Fargo Bank, N.A.	Prohibition/Removal Orders: Adams Hale, Colleen
Nov 8, 2012	FRB	Bank of the James	Section 19 Letters: Sheila Marie Wright
Nov 5, 2012 Released Nov 8, 2012	FRB	Foster Bankshares, Inc.	Written Agreement: Foster Bankshares, Inc., Rolling Meadows, Illinois
Oct 31, 2012	OCC	BLC Bank N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Hoover, Thomas
Oct 31, 2012	OCC	BLC Bank N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Kissel, W. Bruce
Oct 30, 2012 Released Nov 1, 2012	FRB	Liberty Bancorp of Georgia, Inc.	Written Agreement: Liberty Bancorp of Georgia, Inc., Clayton, Georgia
Oct 29, 2012	OCC	Westbury Bank	Formal Agreement: Westbury Bank
Oct 23, 2012	OCC	Flagstar Bancorp, Inc.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Flagstar Bank, FSB
Oct 23, 2012	OCC	Heritage Bank of Saint Tammany	Formal Agreement: St Tammany Homestead S & LA
Oct 18, 2012 Released Oct 23, 2012	FRB	Patapsco Bancorp, Inc.	Written Agreement: Patapsco Bancorp, Inc. and The Patapsco Bank, both of Dundalk, Maryland
Oct 18, 2012	OCC	First Federal Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First Federal Bank
Oct 17, 2012	OCC	American Sterling Bank	Civil Money Penalty (CMP): Dodge, Lawrence Keith
Oct 17, 2012	OCC	American Sterling Bank	Prohibition/Removal Orders: Dodge, Lawrence Keith
Oct 15, 2012	OCC	Priority Bank	Notice of Charges: Priority Bank
Oct 11, 2012	OCC	Western Springs National Bank and Trust	Civil Money Penalty (CMP): Regas, Allyson
Oct 11, 2012	OCC	Shoreham Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Home Loan Investment Bank, F.S.B.
Oct 4, 2012	OCC	First National Bank	C&D or PC&D Requiring Restitution: Bassie, Travis
Oct 4, 2012	OCC	First National Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bassie, Travis
Oct 4, 2012	OCC	First National Bank	Prohibition/Removal Orders: Bassie, Travis
Oct 3, 2012	FRB	Fifth Third Bank, N.A.	Section 19 Letters: Stephen Bogle
Oct 3, 2012	FRB	Fifth Third Bank, N.A.	Section 19 Letters: Jonathan Edward Waight
Oct 3, 2012	FRB	Fifth Third Bank, N.A.	Section 19 Letters: Debbie Strnad

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