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
Oct 1, 1983	The City Savings Bank of Middletown	CT	Citizens Bank of Connecticut
Oct 1, 1983	The Hillsboro State Bank	IN	Bank of Western Indiana
Oct 1, 1983	First Bank Southeast of Silver Lake	WI	First Bank Southeast of Lake Geneva, National Association
Oct 1, 1983	First Bank Southeast of Twin Lakes	WI	First Bank Southeast of Lake Geneva, National Association
Oct 1, 1983	Security Bank - Monroe County	MI	First of America Bank-Security
Oct 1, 1983	Anthony Wayne Bank	NJ	Broadway Bank & Trust Company
Oct 1, 1983	Basic Empl Fcu	FL	Emerald Coast Federal Credit Union
Oct 1, 1983	South View Savings and Loan Association	PA	Community Savings Bank
Oct 1, 1983	Bank of Harpers Ferry	WV	Potomac Bank, Inc.
Oct 1, 1983	First Bank Southeast of Darien	WI	First Bank Southeast of Lake Geneva, National Association
Oct 1, 1983	I O F M and S Federal Credit Union	IN	Link Federal Credit Union
Sep 30, 1983	Midwest Banco Corporation	NE	Midwest Banco Corporation
Sep 30, 1983	Northern National Corporation	NJ	Chemical New Jersey Holdings, Inc.
Sep 30, 1983	NCNB National Bank of Florida	FL	NationsBank of Florida, National Association
Sep 30, 1983	Bastrop Federal Savings & Loan Association	LA	Pelican HMSTD & Sa
Sep 30, 1983	(unnamed)	—	Firstier Bank, National Association
Sep 30, 1983	NJH Federal Credit Union	CO	Fitzsimons Federal Credit Union
Sep 30, 1983	Continental Bank Guardian	WI	Continental Bank & Trust Co.
Sep 30, 1983	Conners Steel Empl Cu	AL	Americas First Federal Credit Union
Sep 30, 1983	T P and W Employees Federal Credit Union	IL	Central Credit Union of Illinois
Sep 30, 1983	Los Angeles Knights of Columbus Federal Credit Union	CA	South Western Federal Credit Union
Sep 30, 1983	Commercial National Bank	MI	Commercial Bank
Sep 30, 1983	NCNB National Bank of Florida	FL	NationsBank of Florida, National Association
Sep 30, 1983	O M Employees Federal Credit Union	IN	Regional Federal Credit Union
Sep 30, 1983	Security S&LA	LA	Pelican HMSTD & Sa
Sep 30, 1983	The First National Bank of Cartersville	GA	Wachovia Bank of Georgia, National Association
Sep 30, 1983	Brookwood Fcu	AL	Americas First Federal Credit Union
Sep 30, 1983	Phelps Dodge L.A. Employees Federal Credit Union	CA	South Western Federal Credit Union
Sep 30, 1983	The National Bank of Fitzgerald	GA	NationsBank, National Association (South)
Sep 30, 1983	Great Dane Tennessee Employees Federal Credit Union	TN	Southern Security Federal Credit Union
Sep 30, 1983	WHITE/G.T. Employees Federal Credit Union	NJ	County Excellence Federal Credit Union
Sep 30, 1983	GM&O Empl Cu	AL	Riverfall Credit Union
Sep 26, 1983	Samuel Moore & Company Credit Union	OH	Eaton Family Credit Union
Sep 26, 1983	Eastern Suffolk Federal Credit Union	NY	Suffolk Federal Credit Union
Sep 26, 1983	Motion Controls Federal Credit Union	NJ	Members Connect Federal Credit Union
Sep 23, 1983	State Bank of the Gulf	AL	AmSouth Bank
Sep 21, 1983	Citizens State Bank	IA	Pilot Grove Savings Bank
Sep 20, 1983	Mohasco Employees Federal Credit Union	NY	Sunmark Credit Union
Sep 20, 1983	Neptune N.J. Hospital Employees Federal Credit Union	NJ	First Financial Federal Credit Union
Sep 20, 1983	Schusters Express Employees Federal Credit Union	CT	Charter Oak Federal Credit Union
Sep 20, 1983	Arwood Groton Federal Credit Union	CT	Charter Oak Federal Credit Union
Sep 19, 1983	The American Bank	OH	Society National Bank of Northwest Ohio
Sep 19, 1983	The Fremont Savings Bank Company	OH	Society National Bank of Northwest Ohio
Sep 17, 1983	The Citizens Bank of Morven, Georgia	GA	Citizens Community Bank
Sep 17, 1983	People's Bank	CT	People's United Bank, National Association
Sep 15, 1983	State Savings and Loan Association of Geneseo	IL	Community Federal Savings Bank
Sep 12, 1983	Home Credit Union	IL	Land of Lincoln Credit Union
Sep 12, 1983	Fiberglass Ashton Federal Credit Union	RI	Dexter Credit Union
Sep 9, 1983	(unnamed)	—	AmSouth Bank
Sep 9, 1983	Citizens National Bank of Limestone County	AL	AmSouth Bank

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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