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
Aug 1, 1983	The First National Bank of Laurel	MS	Deposit Guaranty National Bank
Aug 1, 1983	Northeast Bank of Clearwater	FL	Bank of Clearwater
Aug 1, 1983	Bobs Candies Empl Fcu	GA	Heritage Bank of the South
Aug 1, 1983	Las Vegas Employees Federal Credit Union	NV	One Nevada Credit Union
Aug 1, 1983	Heritage Bank	GA	Heritage Bank
Aug 1, 1983	NBG Gwinnett Bank	GA	First American Bank of Georgia N.A. (In Liquidation)
Aug 1, 1983	Paul Harris Employees Federal Credit Union	IN	Indiana Members Credit Union
Jul 31, 1983	Commercial National Bank of Little Rock	AR	First Commercial Bank, National Association
Jul 31, 1983	The Bank of Beaufort	SC	First National Bank of South Carolina
Jul 31, 1983	Commercial Bankstock, Inc.	AR	First Commercial Corporation
Jul 30, 1983	Growers and Merchants State Bank	CA	Community First Bank
Jul 28, 1983	Trust Company of Columbus	GA	Bank South
Jul 25, 1983	Contractors Federal Credit Union	NY	Suffolk Federal Credit Union
Jul 25, 1983	Chemprene Federal Credit Union	NY	Teg Federal Credit Union
Jul 25, 1983	C.F. Bflo Federal Credit Union	NY	Boulevard Federal Credit Union
Jul 23, 1983	Great American Bank of Tampa	FL	Barnett Bank of Tampa
Jul 22, 1983	The Parker Bank and Trust Company	AL	AmSouth Bank
Jul 18, 1983	Newtown Savings Association	PA	Hill Financial Savings Association
Jul 18, 1983	United Savings, Federal Savings and Loan Association	CA	Great Western Bank, a Federal Savings Bank
Jul 17, 1983	Farmers Savings Bank	IA	Primebank
Jul 16, 1983	Century Bank	CA	Century Bank
Jul 15, 1983	The Commercial National Bank of Anniston	AL	AmSouth Bank
Jul 15, 1983	Indianapolis Teachers Credit Union	IN	Everwise Credit Union
Jul 15, 1983	Bell Savings and Loan Association	MO	Farm & Home Savings Association
Jul 9, 1983	Santa Maria Federal Credit Union	CA	Excite Credit Union
Jul 9, 1983	(unnamed)	—	NCNB National Bank of Florida
Jul 8, 1983	Ellis American Bank	FL	Ellis National Bank of Central Florida
Jul 8, 1983	Germantown Marine Bank	WI	Bank One, Waukesha
Jul 8, 1983	K O Potters Employees Federal Credit Union	IN	Solidarity Community Federal Credit Union
Jul 8, 1983	Marine National Bank of Waukesha	WI	Bank One, Waukesha
Jul 8, 1983	Waukesha County Marine Bank	WI	Bank One, Waukesha
Jul 8, 1983	Nebraska Baptist Federal Credit Union	NE	Adelfi Credit Union dba Christian Community Credit Union
Jul 8, 1983	S . S Employees Federal Credit Union	NY	Aspire Federal Credit Union
Jul 7, 1983	Otis Elevator Yonkers Emp Federal Credit Union	NY	Educational and Governmental Employees Federal Credit Union
Jul 7, 1983	Elco Club Credit Union	MA	Central One Federal Credit Union
Jul 6, 1983	First State Bank	KY	First State Bank of the Southeast, Inc
Jul 5, 1983	Citizens South Side Bank	WI	Norwest Bank Wisconsin East Central
Jul 5, 1983	Home Federal Savings and Loan Association of Brooklyn	MD	Vermont Savings Association, Federal Association
Jul 5, 1983	Cherry Hills Enterprises	IL	Town and Country Financial Corporation
Jul 2, 1983	Londonderry Bank and Trust Company	NH	The Bedford Bank
Jul 2, 1983	Berg Credit Union	PA	Members 1st Federal Credit Union
Jul 2, 1983	Teledyne York Federal Credit Union	PA	Heritage Valley Federal Credit Union
Jul 2, 1983	Tacmay Federal Credit Union	PA	Mayfair Federal Credit Union
Jul 2, 1983	RPP Federal Credit Union	PA	Citadel Federal Credit Union
Jul 2, 1983	Atlantic Human Resource Staff Federal Credit Union	NJ	First Harvest Federal Credit Union
Jul 2, 1983	Independent Bankshares, Inc.	WI	United Banks of Wisconsin, Inc.
Jul 1, 1983	The Suncrest National Bank	WV	Huntington National Bank West Virginia
Jul 1, 1983	Peninsula National Bank	NY	Fleet Bank
Jul 1, 1983	Florida National Bank at Port St. Joe	FL	Florida National Bank
Jul 1, 1983	Wonder Employees Credit Union	IA	Chicago Central and Commerce Credit Union

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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