# OCC FA action 2012-073
> **The First National Bank of Absecon** · Institution · 2012-03-14
## Action
- **Document number:** 2012-073
- **Docket number:** —
- **Type:** FA — Formal Agreement
- **Respondent type:** Institution
- **Action date:** 2012-03-14
- **Termination date:** 2016-01-20
## Respondent
- **Bank:** The First National Bank of Absecon
- **Charter number:** 10823
- **Location:** Absecon, NEW JERSEY
## Subjects

Allowance for Losses (ALLL / ACL)|Asset Quality|Audit|Board / Management Oversight|BSA/AML|Capital|Compliance Risk Management|Consumer Law|Credit/Collateral Exceptions|Earnings|Inaccurate / Incomplete / False Books and Records|Internal Audit |Lending Issues|Liquidity|Loan Review|OFAC Compliance Issue|Other Lending Deficiencies|Problem Loan Identification|Sensitivity to Market Risk|Strategic Planning

## Source
- [OCC enforcement order PDF](https://apps.occ.gov/EASearch/Document/Download?id=2012-073)
- [OCC EASearch portal](https://apps.occ.gov/EASearch/)
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