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Calendar Year

2004 in US Banking

1,169 bank events are on record for 2004: 4 failures, 853 mergers or acquisitions involving a bank, credit union or bank holding company, and 312 enforcement actions.

4
Failures
$170.1M in failed assets
853
Mergers
Federal Reserve NIC, banking organizations
312
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings

Jump to: Bank failures 2004 · Bank mergers 2004

How many banks failed in 2004?

4 banks failed in 2004, with $170.1M in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
Jun 25, 2004 Bank of Ephraim Ephraim, UT $56.8M Far West Bank
Mar 19, 2004 Reliance Bank White Plains, NY $28.6M Union State Bank
Mar 12, 2004 Guaranty National Bank Tallahassee, FL $71.3M Hancock Bank
Feb 14, 2004 Dollar Savings Bank Newark, NJ $13.4M —

Which banks merged in 2004?

853 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2004.

See the fuller list: Bank mergers 2004 with largest deals and credit union mergers ›

Date Acquired St Acquirer
Nov 1, 2004 U. A. L. U. #159 Credit Union CA Ibew Members + Credit Union
Nov 1, 2004 S P Federal Credit Union LA Coastland Federal Credit Union
Oct 31, 2004 Vilter Credit Union WI Prime Financial Credit Union
Oct 31, 2004 Philadelphia Postal Workers Credit Union PA Eagle One Federal Credit Union
Oct 30, 2004 Riverton Community Bank IL INB, N.A.
Oct 30, 2004 First Federal Savings & Loan Association of Allen Parish LA First Federal Bank of Louisiana
Oct 30, 2004 Ail Federal Credit Union NY Fourleaf Federal Credit Union
Oct 30, 2004 First Medical Credit Union CO Community Choice Credit Union
Oct 30, 2004 Bank of Washtenaw MI Fidelity Bank
Oct 29, 2004 Tritten Bancshares, Inc. MO Maries County Bancorp., Inc.
Oct 28, 2004 Jackson Federal Bank CA MUFG Union Bank, National Association
Oct 28, 2004 P & P U Employees Federal Credit Union IL Cooperative Choice Network Credit Union
Oct 27, 2004 Evangeline Parish Federal Credit Union LA Onpath Federal Credit Union
Oct 25, 2004 Carta Employees Credit Union TN Southern Cu
Oct 23, 2004 Citizens Bank KY The Farmers Bank and Trust Company of Georgetown, Kentucky
Oct 23, 2004 Oil Capital Community Credit Union OK Oklahoma Central Credit Union
Oct 20, 2004 Quick & Reilly/Fleet Securities, Inc. RI NB Holdings Corporation
Oct 20, 2004 Unionfinancial Services & Trust Company IL Centrue Bank
Oct 20, 2004 Buhl Bancorporation, Inc. MN Timberland Bancorp
Oct 18, 2004 The Community Bank NC Southern Community Bank and Trust
Oct 16, 2004 The National Bank of Madisonville TX First National Bank of Huntsville
Oct 16, 2004 Vision Bank, FSB FL Vision Bank
Oct 16, 2004 Greater Atlanta Catholic Federal Credit Union GA Georgia United Credit Union
Oct 16, 2004 Farmers & Merchants Bank GA Capital City Bank
Oct 15, 2004 Town Bankshares, Ltd. WI Wintrust Financial Corporation
Oct 11, 2004 Plainwell Community Federal Credit Union MI Advia Credit Union
Oct 9, 2004 The First National Bank of Slippery Rock PA First National Bank of Pennsylvania
Oct 9, 2004 (unnamed) — Oak Hill Banks
Oct 9, 2004 Slippery Rock Financial Corporation PA F.N.B. Corporation
Oct 9, 2004 FNB Financial Corporation OH Civista Bancshares, Inc
Oct 9, 2004 Raymond Bancshares, Inc. MN Heritage Bancshares Group, Inc.
Oct 9, 2004 Farmers' State Bank of Raymond MN Heritage Bank, N.A.
Oct 9, 2004 The First National Bank of Shelby OH First Citizens Bank
Oct 9, 2004 First Community Bank and Trust IN MainSource Bank
Oct 5, 2004 Wayne Bancorp, Inc. OH National City Corporation
Oct 2, 2004 Worthington Industries, Inc. Federal Credit Union OH Bmi Federal Credit Union
Oct 2, 2004 The Warwick Savings Bank NY Sterling National Bank
Oct 2, 2004 The Warwick Commercial Bank NY Provident Municipal Bank
Oct 2, 2004 Dutchfork Bancshares, Inc. SC First Community Corporation
Oct 2, 2004 The Towne Center Bank NJ Sterling National Bank
Oct 2, 2004 Lamar Delaware Financial Corporation DE Midsouth Bancorp, Inc.
Oct 2, 2004 Lamar Bancshares, Inc. TX Midsouth Bancorp, Inc.
Oct 2, 2004 Ua Local 106 Federal Credit Union LA Access of Louisiana Federal Credit Union
Oct 2, 2004 Yat Employees Credit Union TN Foothills Federal Credit Union
Oct 2, 2004 Newberry Federal Savings Bank SC First Community Bank
Oct 2, 2004 Cuyamaca Bank, National Association CA Community National Bank
Oct 1, 2004 The Madison Bank PA Vist Bank
Oct 1, 2004 Encino State Bank CA First Private Bank & Trust
Oct 1, 2004 Klein Bancshares of Delaware, Inc. DE Amegy Holding Delaware, Inc.
Oct 1, 2004 Key Bank USA, N.A. OH KeyBank N.A.

The list holds 500 of the 853 mergers recorded for 2004.

Enforcement Actions in 2004

Action date Agency Institution Action
Feb 1, 2004 OCC Americana National Bank Prohibition/Removal Orders: Lindeman, Jon R.
Feb 1, 2004 OCC Americana National Bank Civil Money Penalty (CMP): Lindeman, Jon R.
Jan 29, 2004 OCC The First National Bank of Southern Kansas Formal Agreement: The First National Bank of Southern Kansas
Jan 28, 2004 OCC Town-Country National Bank Formal Agreement: Town-Country National Bank
Jan 26, 2004 OCC Texas National Bank Formal Agreement: Mercedes National Bank
Jan 26, 2004 OCC_OTS (individual) Orders of Removal/Prohibition: Arena S. Baxter
Jan 15, 2004 OCC National Bank of Petersburg Formal Agreement: National Bank of Petersburg
Jan 14, 2004 OCC_OTS (individual) Civil Money Penalty: First State, FSB
Jan 9, 2004 OCC The First National Bank of West Union Formal Agreement: First National Bank of West Union, The
Jan 8, 2004 FRB Credit Agricole S.A. Consent Order: Credit Agricole, S.A., Paris France and Credit Lyonnais, S.A., Paris, France
Jan 8, 2004 OCC Bank of America, N.A. Prohibition/Removal Orders: Bowers, Brenda D.
Jan 7, 2004 FRB James Monroe Bank Order of Prohibition and Order to Cease and Desist: Scott Smolinski

Browse adjacent years: 2003 · 2005

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