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Calendar Year

1993 in US Banking

1,872 bank events are on record for 1993: 50 failures, 1,201 mergers or acquisitions involving a bank, credit union or bank holding company, and 621 enforcement actions.

50
Failures
$9.98B in failed assets
1,201
Mergers
Federal Reserve NIC, banking organizations
621
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings

Jump to: Bank failures 1993 · Bank mergers 1993

How many banks failed in 1993?

50 banks failed in 1993, with $9.98B in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
Nov 5, 1993 Century Thrift and Loan Los Angeles, CA $31.9M —
Oct 29, 1993 The Bank of San Diego San Diego, CA $294.3M Grossmont Bank
Oct 21, 1993 Mid City Bank, N.A. Brea, CA $105.7M Chino Valley Bank
Oct 15, 1993 Brentwood Thrift and Loan Association Los Angeles, CA $12.9M —
Oct 14, 1993 Plaza Bank, N.A. of New Braunfels New Braunfels, TX $54.6M Texas Com Bank-New Braun
Sep 24, 1993 Westside Bank, FSB Los Angeles, CA $81.7M Deposit payout
Sep 24, 1993 Western United National Bank Los Angeles, CA $23.7M —
Sep 17, 1993 Regent Thrift and Loan Association San Francisco, CA $35.8M Metropolitan Bank
Sep 10, 1993 Amador Valley S & L Pleasanton, CA $41.9M Community First NB
Aug 27, 1993 Maritime Bank of California Los Angeles, CA $31.8M Western Bank
Aug 25, 1993 Tarrant Bank Fort Worth, TX $62.6M First Interstate BK of T
Aug 13, 1993 Golden State FSB Irvine, CA $50.6M Deposit payout
Aug 12, 1993 New Atlantic Bank, N.A. Norfolk, VA $15.1M Bank of Hampton Roads
Jul 29, 1993 The Wolfe City National Bank Wolfe City, TX $30.4M Sulphur Springs State Ba
Jul 22, 1993 Fidelity National Bank Houston, TX $52.6M Comerica Bank Texas
Jul 9, 1993 First California Bank La Mesa, CA $79.4M Valle De Oro Bank N.A.
Jul 9, 1993 City Thrift and Loan Association Los Angeles, CA $39.4M —
Jul 2, 1993 Jefferson Bank & Trust Lakewood, CO $127.1M FirstBank of Westland N.A.
Jul 2, 1993 Emerald City Bank Seattle, WA $7.8M Key Bank of Washington
Jul 1, 1993 Westheimer National Bank Houston, TX $27.9M Nationsbank of Texas N.A.
Jul 1, 1993 Eagle Bank of Champaign County, National a Rantoul, IL $20.2M Busey Bank
Jun 25, 1993 City National Bank of Washington Washington, DC $24.0M Crestar Bank National As
Jun 18, 1993 Capital Bank of California Los Angeles, CA $227.7M —
Jun 18, 1993 American Bank and Trust San Jose, CA $35.6M Bank of Santa Clara
Jun 10, 1993 Bankcentral Amarillo Amarillo, TX $34.7M Amarillo National Bank
Jun 4, 1993 Western FSB Marina Del Ray, CA $3.80B Branch sale
May 21, 1993 New England Savings Bank New London, CT $914.9M Citizens Savings Bank
May 21, 1993 Palos Verdes National Bank Rolling Hills Est, CA $45.6M Peninsula Bank National
May 20, 1993 Crown National Bank Charlotte, NC $26.3M Lincoln Bank of NC
May 6, 1993 Wilshire Center Bank, Los Angeles, CA $9.7M California Center Bank
Apr 30, 1993 American Commerce National Bank Anaheim, CA $139.1M Southern California Bank
Apr 29, 1993 Valley National Bank of Fremont Hamburg, IA $7.0M Decatur County State Ban
Apr 15, 1993 First Western Bank, N.A. San Diego, CA $16.2M Peninsula Bank of San Di
Apr 8, 1993 Premier Bank Northridge, CA $73.0M Trans-World Bank
Apr 2, 1993 College Boulevard National Bank Overland Park, KS $202.8M First NB of Kansas
Apr 2, 1993 Pioneer FS & La Prairie Village, KS $132.8M Branch sale
Apr 2, 1993 Midland Bank of Kansas Mission, KS $124.3M Bank IV Kansas National
Apr 2, 1993 Olympic National Bank Los Angeles, CA $82.4M Western Bank
Apr 1, 1993 First State Bank Vega, TX $21.4M Citizens STB of Dalhart
Mar 18, 1993 United Bank, N.A. Lancaster, TX $49.8M Kilgore First National Bank
Mar 16, 1993 The Guardian Bank, FSB Boca Raton, FL $75.6M Shawmut Bank, FSB
Mar 4, 1993 First American Capital Bank, N.A Laguna Beach, CA $28.5M Orange National Bank
Feb 26, 1993 Jefferson National Bank Watertown, NY $256.0M Fleet Bank of New York
Feb 25, 1993 The Planters NB of Rosebud Rosebud, TX $13.7M First NB in Cameron
Feb 5, 1993 American Bank of Haltom City Haltom City, TX $99.5M Central Bank&trust
Jan 29, 1993 Old Stone SB Providence, RI $1.85B Citizens SB
Jan 29, 1993 First National Bank of Vermont Bradford, VT $295.8M New First NB of Vermont
Jan 29, 1993 Vista FSA Canoga Park, CA $105.1M Deposit payout
Jan 29, 1993 Life FSB Baton Rouge, LA $16.8M Liberty B&T Co
Jan 22, 1993 Columbia National Bank Santa Monica, CA $47.6M Western Bank

Which banks merged in 1993?

1,201 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1993.

See the fuller list: Bank mergers 1993 with largest deals and credit union mergers ›

Date Acquired St Acquirer
Dec 1, 1993 VMS Employees Federal Credit Union MT Homestead Federal Credit Union
Dec 1, 1993 Miller High Life Employees Federal Credit Union CA Pacific Community Credit Union
Dec 1, 1993 Cat Fcu GA Fidelity Federal Credit Union
Dec 1, 1993 Liberty Credit Union IL Oak Trust Credit Union
Dec 1, 1993 First Ohio Student Federal Credit Union OH Wright-Patt Credit Union, Inc.
Dec 1, 1993 The Bank of St. Joseph MO First Bank of Missouri
Dec 1, 1993 First Essex Bancorp of New Hampshire Inc NH First Essex Bancorp Inc
Dec 1, 1993 Safracorp California CA Republic New York Corporation
Dec 1, 1993 Hawthorne Credit Union WI Douglas County Credit Union
Dec 1, 1993 First Montgomery Bank of Maryland MD Sandy Spring Bank
Dec 1, 1993 The Watsontown National Bank PA Sun Bank
Dec 1, 1993 Citizens State Bank WI Amcore Bank, National Association, South Central
Dec 1, 1993 Cosco Federal Credit Union IN Centra Credit Union
Dec 1, 1993 Midwest National Bank OK Bank One, Oklahoma, National Association
Dec 1, 1993 Vectra Bank of Englewood CO Vectra Bank
Dec 1, 1993 Midwest National Bancshares, Inc. OK Liberty Bancorp, Inc.
Dec 1, 1993 Grant County Farm Bureau Cooperative Credit Union IN Beacon Credit Union
Dec 1, 1993 Jefferson National Bank at Sunny Isles FL Jefferson Bank of Florida
Dec 1, 1993 C&S/Sovran Corporation GA Bank of America Corporation
Dec 1, 1993 Citizens Bank and Trust Company MO First Bank of Missouri
Dec 1, 1993 First Essex Savings Bank of New Hampshire NH First Essex Bank
Dec 1, 1993 American Hoechst Federal Credit Union NJ Sharonview Federal Credit Union
Dec 1, 1993 American Home Savings and Loan Association MO First Bank, A Federal Savings Bank
Nov 30, 1993 Sixth Mount Zion Federal Credit Union PA Greater Pittsburgh Federal Credit Union
Nov 30, 1993 Commercial State Bank of Orlando FL SouthTrust Bank of Orlando
Nov 30, 1993 Commerce Financial Corporation AR First United Bancshares, Inc.
Nov 30, 1993 First Amarillo Bancorporation, Inc. TX Boatmen's Texas, Inc.
Nov 27, 1993 First Bank of Lafayette, A FSB IN The Huntington National Bank of Indiana
Nov 23, 1993 Sentry Savings and Loan Association CT Stamford Federal Savings Bank
Nov 23, 1993 Equitable Bank, National Association TX Equitable Bank
Nov 20, 1993 Continental Bancorporation NV First Security Corporation
Nov 20, 1993 Community Bank & Trust WV Huntington National Bank West Virginia
Nov 20, 1993 First National Financial Corporation NM First Security Corporation
Nov 20, 1993 City National Bank of Cedar Rapids IA Mercantile Bank of Cedar Rapids, Iowa
Nov 20, 1993 Prime Bank IN Lake City Bank
Nov 20, 1993 Citywide Bank of Applewood CO Goldenbank, Applewood
Nov 20, 1993 Notre Dame Federal Credit Union MI Wayne-Westland Federal Credit Union
Nov 20, 1993 Gateway Federal Savings Bank OH PNC Bank, Ohio, National Association
Nov 20, 1993 Texas Commerce Bank-Odessa, National Association TX Chase Bank of Texas, National Association
Nov 20, 1993 (unnamed) — Southern Crescent Bank
Nov 20, 1993 CB&T Clarksburg Corp. WV Huntington Bancshares West Virginia, Inc.
Nov 20, 1993 Texas Commerce Bank - El Paso, National Association TX Chase Bank of Texas, National Association
Nov 20, 1993 Texas Commerce Bank-Midland, National Association TX Chase Bank of Texas, National Association
Nov 19, 1993 Ralston Bank NE Wells Fargo Bank Nebraska, National Association
Nov 19, 1993 Stemmons Northwest Bank, National Association TX Fidelity Bank, National Association
Nov 18, 1993 M.G. Bancorporation, Inc. IL Founders Group, Inc.
Nov 18, 1993 The Byers State Bank CO The First National Bank of Strasburg
Nov 17, 1993 Community Bank of Greater Peoria IL Magna Bank, National Association
Nov 16, 1993 Altenburg Bancorp, Inc. MO Lincoln County Bancorp, Inc.
Nov 15, 1993 Citizens Savings Bank, SSB NC CCB Savings Bank of Lenoir, Inc., SSB

The list holds 500 of the 1,201 mergers recorded for 1993.

Enforcement Actions in 1993

Action date Agency Institution Action
Apr 3, 1993 OCC Burbank National Bank Civil Money Penalty (CMP): Campbell, Sylvester
Apr 2, 1993 OCC_OTS Unity Savings and Loan Association, Federal Association Orders of Removal/Prohibition: David Roberts
Apr 1, 1993 OCC_OTS Oak Tree Federal Savings Bank Cease and Desist: Bernard G. Ille
Mar 31, 1993 OCC The Casey National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The Casey National Bank
Mar 31, 1993 OCC_OTS Clover Federal Savings and Loan Association Supervisory Agreement: Clover Federal Savings and Loan Association
Mar 31, 1993 OCC San Marcos National Bank Formal Agreement: San Marcos National Bank
Mar 30, 1993 OCC (individual) Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Frontier Bank, N.A.
Mar 30, 1993 OCC Mid-America National Bancorp, Incorporated Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Mid-America National Bank Of Chicago
Mar 25, 1993 OCC The Pawnee National Bank Prohibition/Removal Orders: Lovell, Evertt W.
Mar 25, 1993 OCC Marathon Bancorp Formal Agreement: Marathon National Bank
Mar 25, 1993 FRB Guardian Bank Civil Money Penalty $20,000: Guardian Bank, Los Angeles, CA
Mar 25, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Wentford Abner Spears
Mar 25, 1993 OCC_OTS Crest Savings and Loan Association Cease and Desist: Crest S&LA
Mar 24, 1993 OCC Farmers and Merchants National Bank Prompt Corrective Action (PCA) Directive: Farmers And Merchants National Bank
Mar 24, 1993 OCC Asian American National Bank Civil Money Penalty (CMP): Asian American National Bank
Mar 24, 1993 FRB First Pacific Bancorp, Inc. Civil Money Penalty $25,000: First Pacific Bancorp, Inc., Beverly Hills, CA
Mar 24, 1993 FRB First Pacific Bancorp, Inc. Civil Money Penalty $4,000: Jose M. Anotado
Mar 24, 1993 OCC Omni National Bank Formal Agreement: United National Bank
Mar 23, 1993 FRB Marin National Bancorp Written Agreement: Marin National Bancorp, San Rafael, CA
Mar 23, 1993 OCC Western Family National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Western Family National Bank
Mar 23, 1993 OCC First National Bank of Pennsylvania Formal Agreement: First National Bank Of Pennsylvania
Mar 23, 1993 OCC_OTS Security Federal Savings and Loan Association Orders of Removal/Prohibition: Richard D. Barbieri Jr.
Mar 23, 1993 OCC_OTS Security Federal Savings and Loan Association Orders of Removal/Prohibition: Richard D. Barbieri Sr.
Mar 23, 1993 OCC The First National Bank of Glens Falls Formal Agreement: First National Bank of Glens Falls, The
Mar 22, 1993 OCC The First National Bank of Downsville Formal Agreement: The First National Bank of Downsville
Mar 22, 1993 OCC The First National Bank of Amenia Formal Agreement: First National Bank Of Amenia
Mar 22, 1993 OCC Triad Bank, N.A. C&D or PC&D Requiring Restitution: Jones, Jimmy K.
Mar 19, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Kerry L. Davidson
Mar 19, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Douglas A. Parran Jr.
Mar 19, 1993 OCC Ventura County National Bancorp Formal Agreement: Ventura County National Bank
Mar 19, 1993 OCC_OTS Consolidated Savings Bank Orders of Removal/Prohibition: Robert A. Ferrante
Mar 18, 1993 OCC (individual) Formal Agreement: Texas City Bank N. A.
Mar 18, 1993 OCC Metrobank of Philadelphia, N.A. Formal Agreement: Metrobank of Philadelphia National Association
Mar 17, 1993 FRB Bcci Holdings (Luxembourg) S.A. Prohibition from Banking: Sayed Jawhary
Mar 17, 1993 FRB Bcci Holdings (Luxembourg) S.A. Civil Money Penalty $270,000: Sayed Jawhary
Mar 17, 1993 FRB Bcci Holdings (Luxembourg) S.A. Cease and Desist Order: Sayed Jawhary
Mar 16, 1993 FRB Antioch Holding Company Civil Money Penalty $1,000: Cynthia Stout
Mar 16, 1993 FRB Antioch Holding Company Civil Money Penalty $9,000: Randolph S. Miles
Mar 14, 1993 OCC Summit National Bank Civil Money Penalty (CMP): Denza, Paul
Mar 14, 1993 OCC Summit National Bank Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Denza, Paul J.
Mar 14, 1993 OCC Summit National Bank Prohibition/Removal Orders: Bernard, James A.
Mar 14, 1993 OCC Summit National Bank Civil Money Penalty (CMP): Bernard, James
Mar 12, 1993 OCC_OTS First Federal Savings and Loan Association of Russell County, F.A. Cease and Desist: Harold Morris
Mar 12, 1993 OCC The First National Bank of Everett Formal Agreement: First National Bank Of Everett
Mar 12, 1993 OCC_OTS First Federal Savings and Loan Association of Russell County, F.A. Cease and Desist: Harold Wayne Morris
Mar 10, 1993 OCC The Upstate National Bank Formal Agreement: First National Bank Of Lisbon
Mar 9, 1993 OCC_OTS Spencer Savings Bank, Savings and Loan Association Supervisory Agreement: Eugene T. Fontana
Mar 9, 1993 OCC_OTS Union City Savings Bank Supervisory Agreement: Union City Savings Bank
Mar 8, 1993 OCC_OTS First Newport Federal Savings Bank Cease and Desist: Richard F. Downs
Mar 8, 1993 OCC First National Bank of Malden Formal Agreement: First National Bank Of Malden

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