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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 31, 1993 Bank of Tulsa OK Liberty Bank and Trust Company of Tulsa, National Association
Dec 31, 1993 RFC Services Corporation NJ Ramapo Financial Corporation
Dec 31, 1993 Federated Investment Corporation WI Firstar Corporation of Wisconsin
Dec 31, 1993 City Bancorp, Inc. IL Magna Group, Inc.
Dec 31, 1993 First Charlotte Bank and Trust Company NC RBC Bank (USA)
Dec 31, 1993 First Charlotte Financial Corporation NC RBC Bancorporation (USA)
Dec 31, 1993 Uri Corporation AZ Firstar Corporation of Wisconsin
Dec 31, 1993 Robeson Savings Bank, Inc., SSB NC RBC Bank (USA)
Dec 31, 1993 CrossLand Savings, FSB NJ CrossLand Federal Savings Bank
Dec 31, 1993 FBS Properties Management, Inc. MN U.S. Bancorp
Dec 31, 1993 First American Federal Savings and Loan Association AL Colonial Bank of Tennessee
Dec 31, 1993 Travelers Corporation CT Citigroup Inc.
Dec 31, 1993 The City National Bank IL Magna Bank, National Association
Dec 31, 1993 Central Banking Group, Inc. OK Banc One Oklahoma Corporation
Dec 31, 1993 F & P Bancshares, Inc. KY Cardinal Bancshares, Inc.
Dec 31, 1993 Mabrey Insurance Agency, Inc. OK Mabrey Bancorporation, Inc.
Dec 31, 1993 Ore Inc. AZ Firstar Corporation of Wisconsin
Dec 31, 1993 Tulbancorp, Inc. OK Liberty Bancorp, Inc.
Dec 31, 1993 Canton Savings Bank, SSB NC RBC Bank (USA)
Dec 31, 1993 Financial Partners, Inc. WY Sturm Banks of Wyoming, Inc.
Dec 31, 1993 RFC Trading Corporation NJ Ramapo Financial Corporation
Dec 31, 1993 FBS Audit Services, Inc. MN U.S. Bancorp
Dec 31, 1993 Weleetka Bancorporation, Inc. OK Mabrey Bancorporation, Inc.
Dec 31, 1993 Haskell Bancorporation, Inc. OK Mabrey Bancorporation, Inc.
Dec 31, 1993 Olean Times Herald WHDL Empl Federal Credit Union NY High Point Federal Credit Union
Dec 31, 1993 First American Federal Savings and Loan Association AL Colonial Bank
Dec 31, 1993 Commercial Trust Bank FL Intercontinental Bank, National Association
Dec 30, 1993 Peoples Westchester Savings Bank NY First Fidelity Bank, National Association
Dec 30, 1993 (unnamed) — SouthTrust Bank of Southwest Florida National Association
Dec 29, 1993 Williamsburg Building and Loan Company OH The National Bank and Trust Company
Dec 29, 1993 New East Bank of the Albemarle NC Triangle Bank
Dec 29, 1993 New East Bank of Goldsboro NC Triangle Bank
Dec 29, 1993 Atlantic Mortgages, Inc. WV One Valley Bank, National Association
Dec 29, 1993 The Trustcompany Bancorporation NJ The Trust Company of New Jersey
Dec 29, 1993 New East Bank of the Cape Fear NC Triangle Bank
Dec 29, 1993 New East Bank of Greenville NC Triangle Bank
Dec 29, 1993 New East Bank of New Bern NC Triangle Bank
Dec 29, 1993 First Bank and Trust Company FL Central Bank of Tampa
Dec 29, 1993 New East Bancorp NC Triangle Bank
Dec 27, 1993 Railroadmen's Federal Savings and Loan Association of Indianapolis IN The Huntington National Bank of Indiana
Dec 24, 1993 Saint Lawrence-Lewis Boces Fcu NY Sea Comm Federal Credit Union
Dec 24, 1993 Homewood Bancorporation, Inc. IL Bank of Homewood, National Association
Dec 24, 1993 Suburban National Bank of Arlington MA Lexington Savings Bank
Dec 23, 1993 First Financial Savings Association, F.A. OH Fifth Third Bank, N.A.
Dec 23, 1993 TriState Bancorp OH Fifth Third Bancorp
Dec 23, 1993 Alerion Bank LA Bank One, Louisiana, National Association
Dec 21, 1993 Worth Bancorp., Inc. IL Founders Group, Inc.
Dec 18, 1993 Inter Community Bancorp NJ Corestates Financial Corp
Dec 18, 1993 Texas Commerce Trust Company N.A. TX Chase Bank of Texas, National Association
Dec 18, 1993 The First National Bank of Crossville IL The National Bank of Carmi

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

Enforcement Actions in 1993

Action date Agency Institution Action
Sep 2, 1993 OCC Northland National Bank Formal Agreement: Northland National Bank
Sep 2, 1993 OCC_OTS Valley Federal Savings Bank Supervisory Agreement: Harvey Robbins, Sr.
Sep 2, 1993 OCC The Citizens National Bank of Hammond C&D or PC&D Requiring Restitution: Hadlock, Edwin C.
Sep 1, 1993 OCC_OTS (individual) Supervisory Agreement: Home Federal Savings and Loan Association
Aug 27, 1993 FRB Country Hill Bank Prompt Corrective Action: Country Hill Bank, Lenexa, KS
Aug 27, 1993 OCC_OTS Schenectady Federal Savings and Loan Association Orders of Removal/Prohibition: Joseph T. Sims
Aug 26, 1993 OCC_OTS Hyde Park Co-operative Bank Civil Money Penalty: William P. Slattery, Jr.
Aug 25, 1993 OCC_OTS Cross County Savings Bank Cease and Desist: Cross County FSB
Aug 24, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Jimmie D. Shearer
Aug 24, 1993 OCC_OTS Metropolitan Financial Corporation Supervisory Agreement: Metropolitan Federal Bank
Aug 23, 1993 FRB (individual) Written Agreement: CSB Bancshares, Inc., and Citizens State Bank and Trust Company, Ellsworth, KS
Aug 23, 1993 OCC_OTS Gateway Federal Savings Bank Civil Money Penalty: Raymond Au
Aug 20, 1993 OCC_OTS (individual) Cease and Desist: Home FB, FS
Aug 19, 1993 OCC_OTS Family First Funding LLC Cease and Desist: John Mesisca
Aug 19, 1993 OCC_OTS Family First Funding LLC Civil Money Penalty: John Mesisca
Aug 19, 1993 OCC The First National Bank and Trust Company Prohibition/Removal Orders: Patton, Danny R.
Aug 18, 1993 OCC_OTS Profile Bank Orders of Removal/Prohibition: John Fenton
Aug 18, 1993 OCC Capital One, N.A. Civil Money Penalty (CMP): Capouch, Jay B.
Aug 18, 1993 OCC Capital One, N.A. Civil Money Penalty (CMP): Masilla, Thomas A.
Aug 12, 1993 OCC Mechanics National Bank Prompt Corrective Action (PCA) Directive: Mechanics National Bank
Aug 11, 1993 OCC Southwest National Bank Formal Agreement: Southwest Kansas National Bank
Aug 11, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Howard D. Orebaugh
Aug 11, 1993 OCC Dana Niguel Bank, National Association Prohibition/Removal Orders: Goodson, Charles W.
Aug 6, 1993 OCC Valley National Bank of Fremont County Civil Money Penalty (CMP): Weaver, James
Aug 6, 1993 OCC Valley National Bank of Fremont County Civil Money Penalty (CMP): Weaver, Roxanne
Aug 6, 1993 OCC Valley National Bank of Fremont County C&D or PC&D Requiring Restitution: Weaver, James
Aug 6, 1993 OCC The First National Bank of Bonham Civil Money Penalty (CMP): Verell, Thomas H.
Aug 6, 1993 OCC The First National Bank of Bar Harbor Formal Agreement: The First National Bank Of Bar Harbor
Aug 6, 1993 OCC Valley National Bank of Fremont County Prohibition/Removal Orders: Weaver, James
Aug 6, 1993 OCC_OTS Hyde Park Co-operative Bank Civil Money Penalty: Albert L. Andews
Aug 5, 1993 FRB (individual) Prohibition from Banking: David Singh
Aug 5, 1993 FRB Piedmont, Inc. Cease and Desist Order: Piedmont Trust Bank, Martinsville, VA
Aug 5, 1993 FRB Texas Coastal Bank Civil Money Penalty $5,000: E. D. Vickery
Aug 5, 1993 FRB Texas Coastal Bank Civil Money Penalty $5,000: Fred Hornberger
Aug 5, 1993 FRB Texas Coastal Bank Civil Money Penalty $5,000: J. D. Garner
Aug 5, 1993 FRB Texas Coastal Bank Civil Money Penalty $5,000: John Ray Harrison
Aug 5, 1993 FRB Texas Coastal Bank Civil Money Penalty $5,000: Sammy Ditta
Aug 3, 1993 FRB (individual) Written Agreement: Sparta State Bank, Sparta, MI
Aug 3, 1993 OCC First Federal Bank of Wisconsin Civil Money Penalty (CMP): Safford, Robert C.
Aug 2, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Edgar R. Blair
Aug 2, 1993 OCC_OTS (individual) Cease and Desist: Edgar R. Blair
Jul 30, 1993 OCC_OTS Gateway Federal Savings Bank Cease and Desist: Gateway Bank, FSB
Jul 30, 1993 OCC_OTS Gateway Federal Savings Bank Cease and Desist: Gateway Bank, FSB
Jul 30, 1993 OCC_OTS (individual) Civil Money Penalty: Robert R. Gerber
Jul 29, 1993 OCC_OTS (individual) Civil Money Penalty: Clarence E. Ashcraft
Jul 29, 1993 OCC Humble National Bank Civil Money Penalty (CMP): Say, Michael W.
Jul 29, 1993 OCC_OTS (individual) Civil Money Penalty: Phillip J. DeWald
Jul 29, 1993 OCC_OTS (individual) Civil Money Penalty: Gordan Smale
Jul 29, 1993 OCC_OTS (individual) Civil Money Penalty: Craig S. Christian
Jul 29, 1993 OCC_OTS (individual) Civil Money Penalty: Charles C. Owen

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