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
Dec 1, 1983	Sun City Center Bank	FL	Sun Bank/Hillsborough
Dec 1, 1983	Gage Bros Employee Federal Credit Union	SD	First Century Federal Credit Union
Dec 1, 1983	K U Federal Credit Union	KS	Firstlight Federal Credit Union
Dec 1, 1983	Panair Cu	FL	People's Alliance Federal Credit Union
Dec 1, 1983	Booster Savings & Loan Association	PA	Heritage Savings & Loan Association
Dec 1, 1983	First Savings and Loan Association of Sycamore	IL	United Savings of America
Dec 1, 1983	Great American Bank of Pinellas	FL	Barnett Bank of Pinellas County, National Association
Dec 1, 1983	Cape Fear Federal Credit Union	NC	Marine Federal Credit Union
Dec 1, 1983	Richmond County Bank	NC	United Carolina Bank
Dec 1, 1983	Worth Federal Savings and Loan Association	IL	United Savings of America
Dec 1, 1983	Perry Creamery Cu	AL	Alabama Central Credit Union
Nov 30, 1983	The Bank of Commerce	GA	Wachovia Bank of Georgia, National Association
Nov 30, 1983	Princeton Cooperative Credit Union	MN	Blaze Credit Union
Nov 30, 1983	Nueces Bay Indust a Cu	TX	Members First Credit Union
Nov 30, 1983	Lamott Building & Loan Association	PA	Berean Bank
Nov 30, 1983	DRC Employees Credit Union	NH	Lighthouse Federal Credit Union
Nov 30, 1983	Downing Box Employees Credit Union	IA	Quaker Oats Employees Credit Union
Nov 29, 1983	Credit Union One Inc	OH	Trupartner Credit Union, Inc.
Nov 28, 1983	Wharton Brook Credit Union	CT	Connecticut Federal Credit Union
Nov 26, 1983	Clay County Federal Savings and Loan Association	MS	Eastover BK SVG
Nov 22, 1983	(unnamed)	—	Union Bank and Trust Company
Nov 21, 1983	Citizens Bank of North Bend	OR	Security Bank
Nov 21, 1983	Cumberland Savings Bank	MD	First United Bank & Trust
Nov 21, 1983	Plow Sharers Credit Union	KY	L&N Federal Credit Union
Nov 21, 1983	Chemstrand Employees Federal Credit Union	NC	R T P Federal Credit Union
Nov 21, 1983	Fall River Trust Company	MA	Bank of Boston-Bristol, National Association
Nov 21, 1983	SouthTrust Bank of Piedmont, National Association	AL	SouthTrust Bank of Calhoun County, National Association
Nov 19, 1983	Steinfelds Employees Federal Credit Union	AZ	Tucson Old Pueblo Credit Union
Nov 19, 1983	Standard Savings and Loan Association	NC	First Home Federal Savings and Loan Association
Nov 19, 1983	Peachtree Bancshares, Inc.	GA	Suntrust Banks of Georgia, Inc.
Nov 19, 1983	The Oneida County Savings Bank	NY	Onbank
Nov 18, 1983	Champlin Employees Federal Credit Union	OK	Tinker Federal Credit Union
Nov 18, 1983	The First National Bank of Autauga County	AL	AmSouth Bank
Nov 16, 1983	Pascagoula S&LA	MS	Magnolia Federal Bank for Savings
Nov 16, 1983	First State Bank	GA	Century South Bank of Central Georgia, National Association
Nov 16, 1983	Exchange Bank of Wrightsville	GA	Century South Bank of Central Georgia, National Association
Nov 15, 1983	Picker Connecticut Employees Federal Credit Union	CT	First Connecticut Credit Union
Nov 15, 1983	Garment Workers of Springfield Federal Credit Union	MA	Luso Federal Credit Union
Nov 14, 1983	Central Fidelity Bank, N.A.	VA	Central Fidelity National Bank
Nov 12, 1983	First National Bank of Elyria	OH	National City Bank
Nov 11, 1983	The City National Bank of Selma	AL	AmSouth Bank
Nov 11, 1983	South Bend Federal Savings and Loan Association	IN	Standard Federal Bank
Nov 11, 1983	First Federal Savings and Loan Association of Fort Wayne	IN	Standard Federal Bank
Nov 11, 1983	Fort Wayne Federal Savings and Loan Association	IN	Standard Federal Bank
Nov 11, 1983	American Federal Savings and Loan Association	IN	Standard Federal Bank
Nov 11, 1983	Ohio County Community Federal Credit Union	WV	First Choice America Community Federal Credit Union
Nov 11, 1983	Miners and Merchants Bank	SD	First National Bank
Nov 11, 1983	Mansfield Plating Employee Credit Union	OH	Trupartner Credit Union, Inc.
Nov 7, 1983	Citizens National Bank	WV	Bank One, West Virginia, St. Albans, National Association
Nov 7, 1983	Community National Bank of Quincy	IL	First Bankers Trust Company, N.A.

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

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