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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 18, 1993 Inter-Community Bank NJ New Jersey National Bank
Dec 18, 1993 Interfirst Federal Savings Bank MI Standard Federal Bank
Dec 18, 1993 Bankers Trust of North Carolina NC Triad Bank
Dec 18, 1993 First Financial Associates, Inc. WI Banc One Wisconsin Corporation
Dec 17, 1993 First Federal Savings Bank FL Regions Bank of Florida
Dec 17, 1993 The Dorn Banking Company SC The Lexington State Bank
Dec 17, 1993 Lincolnland Bancorp, Inc. IN Integra Bank Corporation
Dec 17, 1993 Sure Financial Corporation IN Integra Bank Corporation
Dec 16, 1993 United Food Workers Federal Credit Union MA New England Teamsters Federal Credit Union
Dec 16, 1993 Key Pacific Mortgage, Inc. AK Key Bancshares of Alaska, Inc.
Dec 15, 1993 BMR Financial Group, Inc. GA Southtrust of Florida, Incorporated
Dec 15, 1993 Community First Bank of Central Florida FL SouthTrust Bank of Orlando
Dec 15, 1993 Ameribank FL SouthTrust Bank of Florida, National Association
Dec 11, 1993 Texas Commerce Bank-San Antonio, National Association TX Chase Bank of Texas, National Association
Dec 11, 1993 Cal Rep Bancorp, Inc. CA First Interstate Bancorp
Dec 11, 1993 First South Savings Association PA Fayette Bank
Dec 11, 1993 The Citizens National Bank and Trust Company, El Reno, Oklahoma OK The Peoples National Bank
Dec 11, 1993 Texas Commerce Bank - Beaumont, National Association TX Chase Bank of Texas, National Association
Dec 11, 1993 First Bath Corporation PA Meridian Bancorp, Inc.
Dec 11, 1993 First National Bank of Bath PA Meridian Bank
Dec 11, 1993 Nebraska National Bank NE Packers Bank
Dec 11, 1993 Firstsouth Bancorp, Incorporated PA Promistar Financial Corporation
Dec 11, 1993 Security Bank & Trust Company of Ponca City, Oklahoma OK Boatmen's National Bank of Oklahoma
Dec 11, 1993 California Republic Bank CA First Interstate Bank of California
Dec 11, 1993 (unnamed) — Bridgeview Bank Group
Dec 11, 1993 Texas Commerce Bank, National Association TX Chase Bank of Texas, National Association
Dec 11, 1993 Texas Commerce Bank-Austin, National Association TX Chase Bank of Texas, National Association
Dec 11, 1993 Texas Commerce Bank-New Braunfels, National Association TX Chase Bank of Texas, National Association
Dec 11, 1993 Nebraska National Corporation NE Packers Management Company, Inc.
Dec 10, 1993 Mid-State FSB FL AmSouth Bank of Florida
Dec 10, 1993 First National Bank of the South FL SouthTrust Bank of Florida, National Association
Dec 10, 1993 The Citizens and Peoples National Bank of Pensacola FL Barnett Bank of West Florida
Dec 10, 1993 Winner Banshares, Inc. SD Wells Fargo & Company
Dec 10, 1993 Lawrence County Bank MO Commerce Bank, National Association
Dec 9, 1993 First Colonial Bank of Elk Grove IL First Colonial Bank/Rosemont
Dec 8, 1993 Metropolitan National Bancshares, Inc. AR Rogers Bancshares, Inc.
Dec 7, 1993 Albany Public School Teachers Credit Union NY First New York Federal Credit Union
Dec 6, 1993 Citizens First National Bank of Peru IL Citizens First National Bank
Dec 4, 1993 Heritage Federal Savings Bank MI Standard Federal Bank
Dec 4, 1993 Western National Bank of Tulsa OK Boatmen's National Bank of Oklahoma
Dec 4, 1993 Western National Bancorporation, Inc. OK Fourth Financial Corporation
Dec 3, 1993 Bank of Spring Lake Park, National Association MN Wells Fargo Bank Minnesota, National Association
Dec 3, 1993 Barnett Bank of Fayette County GA Bank South
Dec 3, 1993 Barnett Bank of Atlanta GA Bank South
Dec 3, 1993 Republic FS&LA TN BankFirst
Dec 2, 1993 Chestnut Hill National Bank PA National Penn Bank
Dec 2, 1993 Memphis Hardwood Credit Union TN Southern Security Federal Credit Union
Dec 2, 1993 Fessenden Bancshares, Inc. ND Watford City Bancshares, Inc.
Dec 2, 1993 First International Bank & Trust, National Association ND First International Bank and Trust
Dec 1, 1993 Nationsbank Texas Corporation TX Bank of America Corporation

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

Enforcement Actions in 1993

Action date Agency Institution Action
May 19, 1993 FRB First Pacific Bancorp, Inc. Civil Money Penalty $12,500: Leonard S. Sands
May 19, 1993 FRB First Pacific Bancorp, Inc. Cease and Desist Order: Ada P. Sands
May 19, 1993 FRB Missouri State Financial Corporation Written Agreement: Missouri State Financial Corporation, St. Louis, MO
May 18, 1993 OCC Humble National Bank Civil Money Penalty (CMP): Foster, A.J.
May 18, 1993 OCC_OTS Davy Crockett Federal Savings & Loan Association Orders of Removal/Prohibition: John H. Stowe
May 17, 1993 OCC The First National Bank of Pontotoc Civil Money Penalty (CMP): Doty, J. Richard
May 14, 1993 OCC The Riggs National Bank of Washington, D. C. Formal Agreement: Riggs National Bank Of Washington, D.C.
May 14, 1993 OCC_OTS (individual) Cease and Desist: Kent Grusendorf
May 13, 1993 OCC Alvarado National Bank Civil Money Penalty (CMP): Roten, Billy C.
May 13, 1993 OCC_OTS Home Savings and Loan Association Orders of Removal/Prohibition: Nita F. Young
May 13, 1993 OCC Alvarado National Bank Civil Money Penalty (CMP): Roten, Joyce
May 13, 1993 OCC BayBank Connecticut, National Association Formal Agreement: Baybank Connecticut,, N.A.
May 13, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Mark A. Campbell
May 13, 1993 OCC Alvarado National Bank Civil Money Penalty (CMP): Bryant, Alfred
May 13, 1993 OCC Alvarado National Bank Civil Money Penalty (CMP): Laseman, Glenda
May 7, 1993 OCC_OTS First Savings and Loan Association Supervisory Agreement: The First Savings and Loan Association
May 6, 1993 OCC Capital One, N.A. Civil Money Penalty (CMP): Russell, O.C.
May 6, 1993 OCC_OTS First Federal Savings and Loan Association of Giles Co Civil Money Penalty: George M. Magnusson
May 6, 1993 OCC_OTS First Federal Savings and Loan Association of Giles Co Orders of Removal/Prohibition: George Michael Magnusson
May 5, 1993 OCC_OTS Western Federal Savings and Loan Association Civil Money Penalty: Richard Krohn
May 5, 1993 OCC_OTS (individual) Cease and Desist: Regional S&L Investors, Inc.
May 4, 1993 FRB Purdy Bancshares, Inc. Cease and Desist Order: Glen Garrett
May 4, 1993 FRB Freedom Valley Bank Civil Money Penalty $750: Frank P. LeMaster
May 4, 1993 OCC_OTS The Dime Savings Bank of New York, FSB Orders of Removal/Prohibition: Robert G. Turner
May 4, 1993 OCC_OTS The Dime Savings Bank of New York, FSB Civil Money Penalty: Robert G. Turner
May 4, 1993 OCC_OTS The Dime Savings Bank of New York, FSB Cease and Desist: Robert G. Turner
May 4, 1993 OCC Humble National Bank Civil Money Penalty (CMP): Smith, James L.
May 4, 1993 FRB Country Hill Bank Cease and Desist Order: Country Hill Bank, Lenexa, KS
May 4, 1993 FRB Purdy Bancshares, Inc. Cease and Desist Order: Purdy Bancshares, Inc., Purdy, MO
May 3, 1993 OCC Southwest National Bank Civil Money Penalty (CMP): Cunningham, Glenn
May 3, 1993 OCC Southwest National Bank Civil Money Penalty (CMP): Harrington, Brian
May 3, 1993 OCC Southwest National Bank Civil Money Penalty (CMP): Korenek, Albert
May 3, 1993 OCC Southwest National Bank Civil Money Penalty (CMP): O'Donnell, Richard
May 3, 1993 OCC Southwest National Bank Civil Money Penalty (CMP): York, Bryon P.
May 3, 1993 OCC United National Bank Formal Agreement: United National Bank
May 3, 1993 OCC_OTS Fidelity Federal Savings Bank Civil Money Penalty: Robert Keith
May 3, 1993 OCC Southwest National Bank Civil Money Penalty (CMP): Pitman, Gene
May 3, 1993 OCC_OTS Fidelity Federal Savings Bank Cease and Desist: Robert Keith
May 3, 1993 OCC_OTS Griffin Federal Savings Bank Cease and Desist: Griffin FSB
Apr 29, 1993 OCC CITIC Ka Wah Bank Limited Formal Agreement: Citic Ka Wah Bank Limited
Apr 29, 1993 OCC_OTS Inter Savings Bank, Federal Savings Bank Supervisory Agreement: Inter Savings Bank, fsb
Apr 29, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Charlotte A. VandeVelden
Apr 28, 1993 OCC Harbor National Bank of Connecticut C&D or PC&D Requiring Restitution: Caporale, Michael R.
Apr 28, 1993 OCC Summit National Bank Civil Money Penalty (CMP): Kolok, Paul
Apr 28, 1993 OCC Security National Bank Formal Agreement: Security National Bank
Apr 28, 1993 OCC The National Bank of Walton County Formal Agreement: The National Bank Of Walton County
Apr 28, 1993 OCC Harbor National Bank of Connecticut Prohibition/Removal Orders: Caporale, Michael R.
Apr 27, 1993 OCC_OTS (individual) Orders of Removal/Prohibition: Michael S. Lang
Apr 27, 1993 OCC Summit National Bank Prohibition/Removal Orders: Kolok, Paul
Apr 27, 1993 OCC (individual) Prohibition/Removal Orders: Catucci, Vito P.

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