Calendar Year

1983 in US Banking

1,163 bank events are on record for 1983: 50 failures, 1,064 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.

50

Failures

$3.83B in failed assets

1,064

Mergers

Federal Reserve NIC, banking organizations

0

Enforcement

OCC, FDIC, FRB, OTS and SEC 8-K filings

49

Assistance

FDIC open-bank assistance

Jump to: Bank failures 1983 · Bank mergers 1983

How many banks failed in 1983?

50 banks failed in 1983, with $3.83B in assets. Each failure below links to its own page.

Date	Bank	HQ	Assets	Acquirer or resolution
Dec 16, 1983	The Bank of Red Oak	Red Oak, OK	$11.1M	Farmers State Bank
Dec 13, 1983	Bank of Hackleburg	Hackleburg, AL	$6.5M	Southtrust BK of Marion
Dec 9, 1983	Union Trust Company	San Juan, PR	$30.6M	Banco Popular de Puerto
Dec 2, 1983	Metro FS&LA	Lake Charles, LA	$27.4M	—
Nov 25, 1983	Atkinson Trust & Savings Bank	Atkinson, IL	$21.1M	—
Nov 11, 1983	First Nat BK of Browning	Browning, MT	$13.7M	—
Nov 3, 1983	State of Clovis, Sa	Clovis, NM	$30.9M	—
Oct 28, 1983	Cleveland Community Savings Co.	Cleveland, OH	$21.0M	—
Oct 14, 1983	The First Nat BK of Midland	Midland, TX	$1.41B	Republicbank 1st Natl Mi
Oct 7, 1983	The Deschutes Bank	Redmond, OR	$10.2M	United States NB of Oreg
Sep 30, 1983	National BK of Odessa	Odessa, TX	$92.9M	First STB of Odessa N.A.
Sep 30, 1983	Dominion BK of Denver	Denver, CO	$16.7M	Central Bank at Stapleto
Sep 16, 1983	Warren County Bank	McMinniville, TN	$19.6M	Murfreesboro Bank&trust
Sep 2, 1983	The Douglass State Bank	Kansas City, KS	$35.4M	Douglass Bank
Aug 26, 1983	United Southern Bank of Clarksville	Clarksville, TN	$9.9M	First American NB Nashvi
Aug 12, 1983	First Commerce BK of Hawkins CTY	Rogersville, TN	$43.1M	Hamilton Bank of Johnson
Aug 5, 1983	The First Nat BK of Danvers	Danvers, IL	$12.5M	First State Bank of Danv
Jul 29, 1983	First Peoples Bank of Washington County	Johnson City, TN	$177.8M	First Amn Natl Bank-East
Jul 29, 1983	Metro Bank	Midland, TX	$33.6M	Mid-Cities National Bank
Jul 8, 1983	Antioch S&LA	Antioch, IL	$57.9M	—
Jul 8, 1983	Union Nat BK of Chicago	Chicago, IL	$26.3M	—
Jul 8, 1983	The First Central Bank	Smithville, TN	$18.9M	City Bank&trust Co
Jul 8, 1983	Bank of Niobrara	Niobrara, NE	$7.2M	Farmers&merchants STB BL
Jun 30, 1983	Mineral BK of Nevada	Las Vegas, NV	$18.0M	—
Jun 24, 1983	Western Nat BK of Lovell	Lovell, WY	$24.8M	—
Jun 17, 1983	Community Bank	Hartford, SD	$32.0M	Western Bank
May 27, 1983	City & County BK of Knox County	Knoxville, TN	$262.5M	Bank of Knoxville
May 27, 1983	United Southern BK of Nashville	Nashville, TN	$144.2M	Union Planters NB of Mem
May 27, 1983	City & County BK of Anderson CTY	Lake City, TN	$142.9M	Third NB in Anderson Cou
May 27, 1983	United American Bank in Hamilton County	Chattanooga, TN	$133.8M	Union Planters NB of Mem
May 27, 1983	City & County BK of Roane CTY	Kingston, TN	$42.2M	Bank of Oak Ridge
May 27, 1983	The Commercial BK of California	Los Angeles, CA	$32.4M	First Credit Bank
May 6, 1983	Smith County Bank	Carthage, TN	$33.0M	Murfreesboro Bank&trust
Apr 29, 1983	First Nat BK of Oak Lawn	Oak Lawn, IL	$130.3M	Oak Lawn National Bank
Apr 29, 1983	Heritage Bank	Ashland, OR	$18.5M	Valley of the Rogue Bank
Apr 15, 1983	Sparta-Sanders State Bank	Sparta, KY	$19.0M	—
Apr 8, 1983	The Ina State Bank	Ina, IL	$17.7M	First B&T Co Mt Vernon
Apr 8, 1983	Bank of San Marino	San Marino, CA	$13.0M	Trans American National
Mar 25, 1983	Bear Creek Valley Bank	Phoenix, OR	$13.6M	Valley of the Rogue Bank
Mar 24, 1983	Prairie County Bank	Hazen, AR	$13.3M	—
Mar 18, 1983	Columbia Pacific BK & TR Co.	Portland, OR	$47.4M	—
Mar 18, 1983	Pan American National Bank	Union City, NJ	$37.2M	Hudson United Bank
Mar 11, 1983	Newport Harbour National Bank	Newport Beach, CA	$47.3M	Trans American National
Feb 25, 1983	American City Bank	Los Angles, CA	$319.4M	Central Bank
Feb 18, 1983	Merchants & Farmers State Bank	Blythe, CA	$5.9M	Credit Bank
Feb 12, 1983	American State Bank	Bradley, IL	$14.1M	Midwest T&SB of Bradley
Feb 9, 1983	State Bank of Barnum	Barnum, MN	$13.9M	—
Feb 3, 1983	Manning S&LA	Chicago, IL	$78.7M	—
Jan 21, 1983	The Madison County Bank	Fredericktown, MO	$7.0M	Madison Exchange Bank
Jan 14, 1983	Valley First FS&LA	El Centro, CA	$37.1M	Home FS&LA

Which banks merged in 1983?

1,064 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1983.

See the fuller list: Bank mergers 1983 with largest deals and credit union mergers ›

Date	Acquired	St	Acquirer
Jul 1, 1983	Duncan Employees Credit Union	IL	Altonized Community Federal Credit Union
Jul 1, 1983	Clifford Bancshares Insurance Agency	MO	Clifford Bancshares, Inc.
Jul 1, 1983	Florida Bank at Fort Pierce	FL	Florida National Bank
Jul 1, 1983	United Bank	IN	Star Financial Bank, Marion
Jul 1, 1983	Gulf Publishing Co Empl Fcu	MS	Keesler Federal Credit Union
Jul 1, 1983	O.G.E. Credit Union	NE	Centris Federal Credit Union
Jul 1, 1983	State Capital Savings & Loan Association	PA	Hill Financial Savings Association
Jul 1, 1983	Norfolk Inner City Federal Credit Union	VA	Norfolk Schools Federal Credit Union
Jul 1, 1983	Florida Bank at Starke	FL	Florida National Bank
Jul 1, 1983	Top Notchers Fcu	AL	Alabama Central Credit Union
Jul 1, 1983	Plymouth Municipal Employees Federal Credit Union	MA	Bridgewater Credit Union
Jul 1, 1983	C G W-Bluffton Employees Federal Credit Union	IN	Three Rivers Federal Credit Union
Jul 1, 1983	First Wetzel National Bank	WV	Wheeling National Bank
Jul 1, 1983	Lake Superior & Ishpeming Railroad Employees Credit Union	MI	Marquette Community Federal Credit Union
Jul 1, 1983	Abt Associates Employees Federal Credit Union	MA	Direct Federal Credit Union
Jul 1, 1983	Fulco Employees Federal Credit Union	GA	Excel Federal Credit Union
Jul 1, 1983	Florida Bank of Volusia County	FL	Florida National Bank
Jul 1, 1983	Brenton National Bank of South Des Moines	IA	Brenton Bank
Jul 1, 1983	Peoples Savings and Loan Association, F.A.	AR	First Savings of Arkansas, F.A.
Jul 1, 1983	Candor Savings and Loan Association	NC	First Southern Savings Bank, S.S.B
Jul 1, 1983	Continental Savings & Loan Association	PA	Prudential Bank
Jul 1, 1983	Mercy Empl Fcu	LA	La Capitol Federal Credit Union
Jul 1, 1983	Kentucky Teachers and Associated Employees Credit Union	KY	Commonwealth Federal Credit Union
Jul 1, 1983	Florida National Bank of Pinellas County	FL	Florida National Bank
Jul 1, 1983	Closure Federal Credit Union	IN	Heritage Federal Credit Union
Jul 1, 1983	Local #4856 Federal Credit Union	NV	Create Credit Union
Jul 1, 1983	Lexco Federal Credit Union	SC	Safe Federal Credit Union
Jul 1, 1983	First City National Bank	NM	New Mexico National Bank
Jul 1, 1983	Associated Savers Credit Union	NE	Centris Federal Credit Union
Jul 1, 1983	Ncce Federal Credit Union	PA	Pennstar Federal Credit Union
Jul 1, 1983	Med Pac Federal Credit Union	IN	Midwest America Federal Credit Union
Jul 1, 1983	Liberal Savings Association	OH	Citizens Federal Bank, F.S.B., a Federal Savings Bank
Jul 1, 1983	Weirton National Bank	WV	Wheeling National Bank
Jul 1, 1983	Peoples Savings and Loan Association	KS	Landmark Federal Savings Bank
Jul 1, 1983	The Florida National Bank at Lakeland	FL	Florida National Bank
Jul 1, 1983	I.T.T.G. Princeton Federal Credit Union	KY	Transcend Credit Union
Jul 1, 1983	Iof Seus Cu	FL	Gold Coast Federal Credit Union
Jul 1, 1983	Zork Empl El Paso Cu	TX	Tip of Texas Federal Credit Union
Jul 1, 1983	Florida National Bank at Ocala	FL	Florida National Bank
Jul 1, 1983	Shopmens Federal Credit Union	PA	Omega Federal Credit Union
Jul 1, 1983	Northern Federal Savings & Loan Association	MN	TCF National Bank
Jul 1, 1983	The Peoples National Bank of Marlborough	MA	Shawmut Community Bank, National Association
Jul 1, 1983	Hawkeye Steel Employees Credit Union	IA	Chicago Central and Commerce Credit Union
Jul 1, 1983	Sea-Cal Employees Credit Union	KY	L&N Federal Credit Union
Jul 1, 1983	First Federal Savings and Loan Association of Lamar	CO	First Federal Bank of Colorado
Jul 1, 1983	First National Bank and Trust Company	OH	Star Bank, National Association, Troy
Jul 1, 1983	Golden Savings and Loan Association	CO	First Federal Bank of Colorado
Jul 1, 1983	Florida National Bank of Miami	FL	Florida National Bank
Jul 1, 1983	Home Federal Savings and Loan Association	TN	(unnamed)
Jul 1, 1983	Woodbury Savings Bank	CT	Centerbank

The list holds 500 of the 1,064 mergers recorded for 1983.

FDIC Open-Bank Assistance in 1983

Date	Institution	HQ	Assets
Dec 30, 1983	First FS&LA of Monroeville	Monroeville, AL	$29.8M
Dec 27, 1983	Citizens S&LA	Middletown, OH	$63.6M
Dec 1, 1983	Bohemian S&LA	St. Louis, MO	$168.6M
Nov 14, 1983	First FS&LA of FT. Wayne	Fort Wayne, IN	$298.1M
Nov 14, 1983	South Bend FS&LA	South Bend, IN	$71.4M
Nov 14, 1983	American FS&LA	Fort Wayne, IN	$55.4M
Nov 14, 1983	FT. Wayne FS&LA	Fort Wayne, IN	$37.0M
Oct 14, 1983	First Carolina FS&LA	Columbia, SC	$98.3M
Oct 1, 1983	Auburn Savings Bank	Auburn, NY	$133.2M
Sep 30, 1983	Bastrop FS&LA	Bastrop, LA	$32.9M
Sep 30, 1983	Security S&LA	Ville Platte, LA	$26.5M
Sep 1, 1983	Citizens FS&LA of Marysville	Marysville, OH	$96.6M
Aug 31, 1983	Suburban S&LA	Wayne, NJ	$2.02B
Aug 31, 1983	Washington FS&LA	New York, NY	$645.0M
Aug 31, 1983	1st FS&LA of E. Chicago	East Chicago, IN	$209.5M
Aug 31, 1983	Community FS&LA	Hialeah, FL	$123.1M
Aug 31, 1983	Gary FS&LA	Gary, IN	$15.2M
Aug 12, 1983	Gibraltar S&LA	Maplewood, MO	$48.9M
Aug 5, 1983	Oregon Mutual Savings Bank	Portland, OR	$265.7M
Aug 5, 1983	MT. Vernon S&LA	Rosslyn, VA	$117.8M
Aug 5, 1983	First Florida S&LA	Gainesville, FL	$80.8M
Aug 5, 1983	Middle Pnsla Nrth. Neck FS&LA	Gloucester, VA	$44.7M
Jul 22, 1983	Guaranty FS&LA	Taylor, MI	$143.4M
Jul 5, 1983	Provident S&LA	Philadelphia, PA	$51.0M
Jul 1, 1983	Mutual FS&LA of Mason City	Mason City, IA	$118.8M
Jun 24, 1983	Northern FS&LA	St. Paul, MN	$267.3M
Jun 24, 1983	Colonial Sa	Houston, TX	$90.0M
Jun 10, 1983	First FS&LA of Sioux Falls	Sioux Falls, SD	$78.0M
Jun 10, 1983	First Dakota Home S&LA	Pierre, SD	$27.8M
Jun 6, 1983	Jackson FS&LA	Jackson, MS	$34.5M
Jun 3, 1983	Women's FS&LA	Cleveland, OH	$570.2M
Jun 2, 1983	First FS&LA of Walworth County	Delavan, WI	$38.3M
May 31, 1983	Continental S&LA	New Orleans, LA	$40.0M
Apr 28, 1983	Guaranty S&LA	Pittsburgh, PA	$182.9M
Apr 11, 1983	Northwestern S&LA	Normandy, MO	$82.5M
Apr 6, 1983	Biscayne FS&LA	Miami, FL	$1.89B
Apr 1, 1983	North Mississippi S&LA	Clarksdale, MS	$152.0M
Mar 21, 1983	Twin Pines FS&LA	Berkeley, CA	$45.9M
Mar 5, 1983	Peninsula FS&LA	Newport News, VA	$95.9M
Mar 5, 1983	First FS&LA of Newport News	Newport News, VA	$94.6M
Mar 4, 1983	Leader S&LA	Monroe, LA	$229.8M
Mar 1, 1983	United S&LA	Cincinnati, OH	$102.1M
Mar 1, 1983	Gem FS&LA	Norwood, OH	$16.8M
Feb 28, 1983	Carondelet S&LA Also Case 115	St. Louis, MO	$740.6M
Feb 28, 1983	First FS&LA of Moberly	Moberly, MO	$38.7M
Feb 14, 1983	United American BK in Knoxville	Knoxville, TN	$760.5M
Feb 12, 1983	Metropolitan Sa	Farmington, MI	$395.9M
Feb 9, 1983	DRY Dock Savings Bank	New York, NY	$2.45B
Jan 6, 1983	Lansing FS&LA	Lansing, IL	$45.8M

Browse adjacent years: 1982 · 1984

Or jump to a category: Failures · Mergers · Enforcement · Assistance