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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
Oct 29, 1993 Mega Bank of St. Charles County MO Mega Bank
Oct 29, 1993 State Bank of Green River WY First Security Bank of Wyoming
Oct 29, 1993 Buffalo Psychiatric Center Federal Credit Union NY Western New York Federal Credit Union
Oct 29, 1993 Somerset Trust Company NJ Summit Bank
Oct 29, 1993 Mega Bancshares, Inc. MO Landmark Bancshares Corporation
Oct 29, 1993 Mega Bank of St. Louis County MO Mega Bank
Oct 28, 1993 First American Bank of Maryland MD First Union National Bank of Maryland
Oct 28, 1993 Somerset Investment Company NJ Summit Bank
Oct 28, 1993 First American Bank of Virginia VA First Union National Bank of Virginia
Oct 23, 1993 Lamoni State Bank IA Liberty Bank & Trust
Oct 23, 1993 American National Bank of Arlington Heights IL American National Bank and Trust Company of Chicago
Oct 22, 1993 University Bank WI Wells Fargo Bank Wisconsin, National Association
Oct 22, 1993 Liberty Bank of Fort Walton Beach FL Compass Bank
Oct 22, 1993 First Federal Savings Bank of De Funiak Springs FL Regions Bank of Florida
Oct 22, 1993 NBD Bank, National Association IN NBD Bank, National Association
Oct 19, 1993 Commerce Bank KS Commerce Bank, National Association
Oct 18, 1993 Jefferson County Schools Federal Credit Union WV 167th TFR Federal Credit Union
Oct 16, 1993 Texas Commerce Bank - Rio Grande Valley, National Association TX Chase Bank of Texas, National Association
Oct 16, 1993 Star Bank, National Association, Sidney OH U.S. Bank N.A.
Oct 16, 1993 Community Bank and Trust of Randolph County WV Community Bank & Trust
Oct 15, 1993 1889 Bankcorp MI Independent Bank Corporation
Oct 15, 1993 First Savings Bank of Forest City, S.S.B. NC RBC Bank (USA)
Oct 15, 1993 First Gulf Bank FL AmSouth Bank of Florida
Oct 15, 1993 The First National Bank of Clearwater FL AmSouth Bank of Florida
Oct 15, 1993 Leadership Bank, National Association OK First National Bank of Oklahoma
Oct 15, 1993 Missouri Valley Financial Services, Inc. IA Quick Bancorp, Inc.
Oct 15, 1993 State Bank of Virden IL The First National Bank of Raymond
Oct 15, 1993 State Bank of Girard IL The First National Bank of Raymond
Oct 15, 1993 Coastal Bend National Bank TX Corpus Christi National Bank
Oct 14, 1993 Citizens Bank of Massachusetts MA Citizens Bank of Massachusetts
Oct 13, 1993 Keuka-Seneca Federal Credit Union NY Servu Federal Credit Union
Oct 12, 1993 Florida Trust Services of Ohio Bancorp FL National City Trust Company
Oct 9, 1993 Heartland Federal Savings and Loan Association OK BOKF, N.A.
Oct 9, 1993 Heartland Federal Savings and Loan Association OK Home National Bank
Oct 9, 1993 First Bank Minnesota (National Association) MN U.S. Bank National Association
Oct 9, 1993 First Bank Southeast, National Association MN U.S. Bank National Association
Oct 9, 1993 First Bank North, National Association MN U.S. Bank National Association
Oct 9, 1993 Cromwell Community Credit Union MN Members Cooperative Credit Union
Oct 9, 1993 Mutual Savings and Loan Association CA Cenfed Bank, a Federal Savings Bank
Oct 9, 1993 Heartland Federal Savings and Loan Association OK Commercial Federal Bank, a Federal Savings Bank
Oct 9, 1993 First Colonial Bank for Savings MA Eastern Bank
Oct 9, 1993 First Bank South, National Association MN U.S. Bank National Association
Oct 9, 1993 First Bank Forest Lake, National Association MN U.S. Bank National Association
Oct 9, 1993 First Bank Central, National Association MN U.S. Bank National Association
Oct 9, 1993 First Bank Anoka, National Association MN U.S. Bank National Association
Oct 8, 1993 East Coast Savings Bank, SSB NC Southern National Bank of North Carolina
Oct 8, 1993 Carey Salt Employees Federal Credit Union KS Heartland Credit Union
Oct 7, 1993 Ralston Bancshares, Inc. MO Wells Fargo & Company
Oct 6, 1993 Nash Engineering Federal Credit Union CT Mutual Security Credit Union, Inc.
Oct 4, 1993 The First National Bank of Edmond OK Bank One, Oklahoma, National Association

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

Enforcement Actions in 1993

Action date Agency Institution Action
Jan 19, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Jon L. Bloomfield
Jan 19, 1993 OCC_OTS Lincoln Corporation Orders of Removal/Prohibition: George S. Mann
Jan 19, 1993 OCC_OTS (individual) Cease and Desist: Michael G. Morgan
Jan 19, 1993 OCC_OTS Lincoln Corporation Cease and Desist: The Lincoln Savings Bank
Jan 15, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: W. Jack Smith III
Jan 15, 1993 OCC First National Bank of Newton County Formal Agreement: First National Bank Of Newton County
Jan 14, 1993 OCC First National Bank of Chaves County Formal Agreement: First National Bank Of Chaves County
Jan 14, 1993 OCC_OTS Eagle Federal Savings Bank for Savings Cease and Desist: Eagle FB for Savings
Jan 14, 1993 OCC The Farmers National Bank of Forney Civil Money Penalty (CMP): Harris, Richard Don
Jan 13, 1993 FRB Bank of Forest Civil Money Penalty $750: Joe E. Clark, III
Jan 13, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Thomas R. Jones
Jan 13, 1993 OCC The Farmers National Bank of Forney Civil Money Penalty (CMP): Nunn, John Wesley
Jan 12, 1993 OCC The Malta National Bank Prohibition/Removal Orders: Lowe, Michael D.
Jan 12, 1993 OCC_OTS The Little Falls Savings and Loan Association Supervisory Agreement: Little Falls Savings Bank, SLA
Jan 11, 1993 FRB Carney Bank Written Agreement: Carney Bank, Boynton Beach, FL
Jan 8, 1993 FRB (individual) Written Agreement: PT Bank Niaga, Jakarta, Indonesia and PT Bank Niaga, Los Angeles, CA
Jan 7, 1993 OCC The American National Bank of Union Springs Formal Agreement: American National Bank of Union Springs, The
Jan 6, 1993 OCC_OTS Rio Grande Bancorp, Inc. Supervisory Agreement: Rio Grande Savings and Loan Association
Jan 3, 1993 OCC_OTS (individual) Cease and Desist: Carter C. Green
Jan 2, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: James B. Yates
Jan 1, 1993 OCC_OTS (individual) Cease and Desist: David Van Dam

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