Calendar Year
1948 in US Banking
4 bank events on record in 1948 — 3 failures, 1 merger or acquisition, and 0 regulatory enforcement actions.
3
Failures
$10,360,000 in failed assets
1
Mergers
NIC transformations
0
Enforcement
OCC / FDIC / FRB / OTS
Failures in 1948
| Date | Bank | HQ | Assets | Acquirer |
|---|---|---|---|---|
| 1948-12-18 | THE FIRST STATE BANK | FRANKLIN, TX | $694,000 | 0 |
| 1948-11-20 | THE AMERICAN NATIONAL BANK OF PRYOR CREEK | PRYOR, OK | $1,774,000 | 0 |
| 1948-07-24 | COLUMBUS TRUST COMPANY | NEWARK, NJ | $7,892,000 | 0 |
Mergers & Acquisitions in 1948 (top 1 of 1)
| Date | Acquired | St | Acquirer |
|---|---|---|---|
| 1948-05-12 | BANK OF DONELSON | TN | NationsBank of Tennessee, National Association |
Browse adjacent years: 1947 · 1949
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