Calendar Year
2013 in US Banking
928 bank events are on record for 2013: 24 failures, 646 mergers or acquisitions involving a bank, credit union or bank holding company, and 258 enforcement actions.
24
Failures
$6.04B in failed assets
646
Mergers
Federal Reserve NIC, banking organizations
258
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 2013 · Bank mergers 2013
How many banks failed in 2013?
24 banks failed in 2013, with $6.04B in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Dec 13, 2013 | Texas Community Bank, N.A. | $159.3M |
| Oct 30, 2013 | Bank of Jackson County | $24.7M |
| Sep 13, 2013 | First National Bank | $3.09B |
| Sep 13, 2013 | The Community's Bank | $26.4M |
| Aug 23, 2013 | Community South Bank | $386.9M |
| Aug 23, 2013 | Sunrise Bank of Arizona | $202.2M |
| Aug 9, 2013 | Bank of Wausau | $43.6M |
| Aug 2, 2013 | First Community Bank of Southwest Florida | $247.3M |
| Jun 7, 2013 | Mountain National Bank | $437.3M |
| Jun 6, 2013 | 1st Commerce Bank | $20.2M |
| May 31, 2013 | Banks of Wisconsin | $134.0M |
| May 14, 2013 | Central Arizona Bank | $31.6M |
| May 10, 2013 | Sunrise Bank | $60.8M |
| May 10, 2013 | Pisgah Community Bank | $21.9M |
| Apr 26, 2013 | Douglas County Bank | $317.3M |
| Apr 26, 2013 | Parkway Bank | $109.6M |
| Apr 19, 2013 | Heritage Bank of North Florida | $104.0M |
| Apr 19, 2013 | First Federal Bank | $93.0M |
| Apr 19, 2013 | Chipola Community Bank | $37.5M |
| Apr 5, 2013 | Gold Canyon Bank | $42.1M |
| Mar 8, 2013 | Frontier Bank | $258.8M |
| Feb 15, 2013 | Covenant Bank | $58.4M |
| Jan 18, 2013 | 1st Regents Bank | $49.6M |
| Jan 11, 2013 | Westside Community Bank | $91.9M |
Which banks merged in 2013?
646 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2013.
See the fuller list: Bank mergers 2013 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Dec 31, 2013 | G B C I Credit Union | Fox Communities Credit Union |
| Dec 31, 2013 | Torrey Pines Bank | Western Alliance Bank |
| Dec 31, 2013 | MVB Central, Inc. | MVB Financial Corp. |
| Dec 31, 2013 | Poteau Bancshares, Inc. | First Poteau Corporation |
| Dec 31, 2013 | MVB East, Inc. | MVB Financial Corp. |
| Dec 31, 2013 | Brookhaven Bank | Georgia Commerce Bank |
| Dec 31, 2013 | Bank Compliance Solutions, Inc. | MVB Financial Corp. |
| Dec 31, 2013 | Evolve Financial Group, Inc. | Evolve Bancorp, Inc |
| Dec 31, 2013 | Bank of Nevada | Western Alliance Bank |
| Dec 31, 2013 | Mitchell Area Federal Credit Union | Dakotaland Federal Credit Union |
| Dec 28, 2013 | Rutland County Teachers & Municipal Employees Credit Union | Green Mountain Credit Union |
| Dec 23, 2013 | The Prosperity Banking Company | Ameris Bancorp |
| Dec 23, 2013 | Prosperity Bank | Ameris Bank |
| Dec 20, 2013 | Associated Employees Credit Union | Southern Security Federal Credit Union |
| Dec 19, 2013 | CBM Florida Holding Company | C1 Financial, Inc. |
| Dec 18, 2013 | Ketema Federal Credit Union | California Coast Credit Union |
| Dec 17, 2013 | Texas Delaware Bancshares | Mesa Financial Corporation |
| Dec 14, 2013 | Liberty State Bank | Wellworth Bank |
| Dec 14, 2013 | The Eudora Bank | Currency Bank |
| Dec 9, 2013 | Ellsworth Federal Credit Union | Golden Plains Credit Union |
| Dec 7, 2013 | Indebancorp | Croghan Bancshares, Inc. |
| Dec 7, 2013 | Roma Financial Corporation, MHC | Investors Bancorp, Inc. |
| Dec 7, 2013 | Summit Community Bank | Peoples Bank Midwest |
| Dec 7, 2013 | Roma Financial Corporation | Investors Bancorp, Inc. |
| Dec 7, 2013 | Hot Springs Bank & Trust Company | Relyance Bank |
| Dec 7, 2013 | National Banking Corp. | Arvest Holdings, Inc. |
| Dec 7, 2013 | Farmers State Bank of Madelia, Incorporated | Pioneer Bank |
| Dec 7, 2013 | First State Bank | Texas Bank and Trust Company |
| Dec 7, 2013 | West Side Bank and Trust | Ciera Bank |
| Dec 7, 2013 | Roma Bank | Investors Bank |
| Dec 7, 2013 | Lindale State Bank | Texas Bank and Trust Company |
| Dec 7, 2013 | National Bank of Ohio | The Croghan Colonial Bank |
| Dec 7, 2013 | First Security Bank, National Association | Ciera Bank |
| Dec 7, 2013 | National Bank of Arkansas in North Little Rock | Arvest Bank |
| Dec 6, 2013 | South Padre Bank, National Association | First Community Bank |
| Dec 1, 2013 | Collin Bank | Independent Bank |
| Dec 1, 2013 | Penseco Financial Services Corporation | Peoples Financial Services Corp. |
| Dec 1, 2013 | Lincoln City Credit Union | Team Financial Federal Credit Union |
| Dec 1, 2013 | Prime Federal Credit Union | First Point Federal Credit Union |
| Dec 1, 2013 | Englewood Municipal Federal Credit Union | Colorado Credit Union |
| Dec 1, 2013 | Tribune Herald Federal Credit Union | Educators Credit Union |
| Dec 1, 2013 | Menasha Employees Credit Union | Community First Credit Union |
| Dec 1, 2013 | North Central PHM Federal Credit Union | Corner Stone Credit Union |
| Dec 1, 2013 | Penn Security Bank and Trust Company | Peoples Security Bank and Trust Company |
| Dec 1, 2013 | S J H Employees Federal Credit Union | Land of Lincoln Credit Union |
| Dec 1, 2013 | Three Rivers Community Credit Union | Alero Financial Credit Union |
| Dec 1, 2013 | Lisco State Bank | Points West Community Bank |
| Dec 1, 2013 | United Chemi-Con Manufacturing Employees Credit Union | Summit Credit Union |
| Dec 1, 2013 | Greater Milwaukee Credit Union | Summit Credit Union |
| Nov 30, 2013 | B & O Federal Credit Union | Emery Federal Credit Union |
The list holds 500 of the 646 mergers recorded for 2013.
Enforcement Actions in 2013
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Oct 15, 2013 | OCC | EverBank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Everbank |
| Oct 15, 2013 | FRB | (individual) | Section 19 Letters: Alyce Olive |
| Oct 15, 2013 | FRB | (individual) | Section 19 Letters: Bryson John Russell |
| Oct 15, 2013 | OCC | EverBank, N.A. | C&D or PC&D Requiring Restitution: Everbank |
| Oct 10, 2013 | OCC | Noble Bancshares, Inc. | Civil Money Penalty (CMP): Findley, Stephen D. |
| Oct 9, 2013 | OCC | One National Bancshares, Inc. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): One Bank & Trust, National Association |
| Oct 9, 2013 Released Oct 15, 2013 | FRB | New Peoples Bank, Inc. | Civil Money Penalty, $4,560: New Peoples Bank, Honaker, Virginia |
| Oct 9, 2013 Released Oct 15, 2013 | FRB | Highlands Community Bank | Civil Money Penalty, $2,565: Highlands Community Bank, Covington, Virginia |
| Oct 3, 2013 Released Oct 15, 2013 | FRB | North Georgia Community Financial Partners, Inc. | Written Agreement: North Georgia Community Financial Partners, Inc., Calhoun, Georgia |
| Oct 2, 2013 | OCC | Liberty Savings Bank, F.S.B. | Civil Money Penalty (CMP): Liberty Savings Bank, FSB |
| Sep 30, 2013 | OCC | The Lamesa National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Freeman, Elwood |
| Sep 30, 2013 | OCC | United Community Bank | Civil Money Penalty (CMP): United Community Bank |
| Sep 30, 2013 | OCC | The Lamesa National Bank | Civil Money Penalty (CMP): Freeman, Elwood |
| Sep 26, 2013 Released Oct 1, 2013 | FRB | Trinity Capital Corporation | Written Agreement: Trinity Capital Corporation, Los Alamos, New Mexico |
| Sep 23, 2013 | OCC | Saddle River Valley Bank | Civil Money Penalty (CMP): Saddle River Valley Bank |
| Sep 20, 2013 | OCC | TD Bank, N.A. | Civil Money Penalty (CMP): TD Bank, National Association |
| Sep 20, 2013 Released Sep 26, 2013 | FRB | Sunsouth Bancshares, Inc. | Written Agreement: SunSouth Bancshares, Inc., Dothan, Alabama |
| Sep 19, 2013 | FRB | RBC Bank (USA) | Section 19 Letters: Danielle E. Murchison |
| Sep 18, 2013 | OCC | Chase Bank USA, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Chase Bank USA, National Association |
| Sep 18, 2013 Released Sep 19, 2013 | FRB | (individual) | Civil Money Penalty, $200,000,000: JPMORGAN CHASE & CO. New York, New York |
| Sep 18, 2013 | OCC | Swineford National Bank | Civil Money Penalty (CMP): Swineford National Bank |
| Sep 18, 2013 | OCC | JPMorgan Chase Bank, N.A. | Civil Money Penalty (CMP): JPMorgan Chase Bank, National Association |
| Sep 18, 2013 | OCC | Fulton Bank, N.A. | Civil Money Penalty (CMP): Fulton Bank, National Association |
| Sep 18, 2013 | OCC | FNB Bancorp, Inc. | Civil Money Penalty (CMP): FNB Bank, National Association |
| Sep 18, 2013 | OCC | Chase Bank USA, N.A. | Civil Money Penalty (CMP): Chase Bank USA, National Association |
| Sep 18, 2013 | OCC | JPMorgan Chase Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): JPMorgan Chase Bank, National Association |
| Sep 18, 2013 | OCC | JPMorgan Bank and Trust Company, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): JPMorgan Bank and Trust Company, National … |
| Sep 18, 2013 | OCC | JPMorgan Chase Bank, N.A. | C&D or PC&D Requiring Restitution: JPMorgan Chase Bank, National Association |
| Sep 18, 2013 | OCC | JPMorgan Bank and Trust Company, N.A. | C&D or PC&D Requiring Restitution: JPMorgan Bank and Trust Company, National Association |
| Sep 18, 2013 | OCC | Chase Bank USA, N.A. | C&D or PC&D Requiring Restitution: Chase Bank USA, National Association |
| Sep 12, 2013 Released Sep 17, 2013 | FRB | The Missouri Bank | Civil Money Penalty, $1,870: The Missouri Bank, Warrenton, Missouri |
| Sep 11, 2013 | FRB | (individual) | Section 19 Letters: Anita VanFossen |
| Sep 11, 2013 | OCC | 1st Century Bancshares, Inc. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): 1st Century Bank, National Association |
| Sep 9, 2013 | FRB | Colonial Virginia Bank | Section 19 Letters: Kathy Shackelford |
| Sep 4, 2013 | FRB | Xenith Bank | Section 19 Letters: George P. Haranowskyj |
| Sep 4, 2013 | OCC | Noble Bancshares, Inc. | Civil Money Penalty (CMP): Smith, Lindsay |
| Sep 4, 2013 | OCC | Lee County Bancorp., Inc. | Civil Money Penalty (CMP): Ward, Chad A. |
| Sep 4, 2013 | OCC | Noble Bancshares, Inc. | Prohibition/Removal Orders: Smith, Lindsay |
| Aug 31, 2013 | OCC | The National Republic Bank of Chicago | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The National Republic Bank of Chicago |
| Aug 30, 2013 | OCC | First National Bank | Prompt Corrective Action (PCA) Directive: First National Bank |
| Aug 30, 2013 Released Sep 5, 2013 | FRB | Union City Corporation | Written Agreement: Union City Corporation, El Reno, Oklahoma |
| Aug 27, 2013 | OCC | The First National Bank of Sullivan | Formal Agreement: The First National Bank of Sullivan |
| Aug 13, 2013 | FRB | PlainsCapital Bank | Section 19 Letters: Riley Page Trotter |
| Aug 7, 2013 | OCC | The First National Bank of Russell Springs | Formal Agreement: The First National Bank of Russell Springs |
| Aug 7, 2013 | FRB | Asian Bank | Section 19 Letters: Duan Liu |
| Aug 6, 2013 | OCC | North Shore Trust and Savings | Civil Money Penalty (CMP): Trofimuk, Martin |
| Aug 6, 2013 | OCC | North Shore Trust and Savings | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Trofimuk, Martin |
| Aug 5, 2013 Released Aug 8, 2013 | FRB | Abct Holdings, Inc. | Written Agreement: ABCT Holdings, Inc., Waco, Texas |
| Jul 31, 2013 | OCC | Bank of America, N.A. | Prohibition/Removal Orders: Anderson, Danielle M. |
| Jul 30, 2013 Released Aug 1, 2013 | FRB | Blencoe State Bank | Civil Money Penalty, $1,140: Blencoe State Bank, Blencoe, Iowa |
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