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