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 |
|---|---|---|---|
| Jul 29, 2013 | OCC | Canyon Bancorporation, Inc. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Canyon Community Bank, National Association |
| Jul 29, 2013 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Caver, Katrina |
| Jul 26, 2013 | FRB | Ally Financial Inc. | Amendment to 4/13/2011 Order to Cease and Desist: Ally Financial, Inc. Detroit, Michigan; Ally … |
| Jul 23, 2013 Released Jul 30, 2013 | FRB | Port Byron State Bank | Written Agreement: Port Byron State Bank, Port Byron, Illinois |
| Jul 22, 2013 | FRB | Baltimore County Savings Bank | Section 19 Letters: Sarah L. Loyd |
| Jul 17, 2013 | OCC | North Georgia Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): North Georgia National Bank |
| Jul 16, 2013 Released Jul 18, 2013 | FRB | Minster Bank | Civil Money Penalty, $2795.00: Minster Bank, Minster, Ohio |
| Jul 12, 2013 | OCC | (individual) | Formal Agreement: First FS & LA of Central Illinois |
| Jul 11, 2013 | OCC | Ponce De Leon Mortgage Corporation | Formal Agreement: Ponce de Leon Federal Bank |
| Jul 9, 2013 | OCC | EH National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): EH National Bank |
| Jul 2, 2013 | FRB | Regions Bank | Section 19 Letters: Barbara Morgan |
| Jul 2, 2013 | FRB | Compass Bank | Section 19 Letters: Latoya Punch Romar |
| Jul 2, 2013 | FRB | Compass Bank | Section 19 Letters: Charles Trujillo |
| Jul 1, 2013 | FRB | Regions Bank | Section 19 Letters: Eddy J. Russell |
| Jun 28, 2013 | OCC | Tiaa-Cref Trust Company FSB | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): TIAA-CREF Trust Company FSB |
| Jun 17, 2013 Released Jul 27, 2017 | FRB | M&T Bank Corporation | Written Agreement: M&T Bank Corporation and Manufacturers & Traders Trust Company, both of Buffalo, … |
| Jun 17, 2013 | FRB | (individual) | Section 19 Letters: Melodie L. Fallin |
| Jun 17, 2013 | FRB | Bank of the Commonwealth | Section 19 Letters: Stephen G. Fields |
| Jun 17, 2013 | FRB | Bank of the Commonwealth | Section 19 Letters: Troy Brandon Woodard |
| Jun 17, 2013 | FRB | Bank of the Commonwealth | Section 19 Letters: Edward J. Woodard, Jr. |
| Jun 12, 2013 | OCC | The Somerville National Bank | Formal Agreement: The Somerville National Bank |
| Jun 12, 2013 | OCC | Ruby Valley National Bank | Formal Agreement: Ruby Valley National Bank |
| Jun 7, 2013 Released Jun 11, 2013 | FRB | Northwestern Bancorp | Written Agreement: Northwestern Bancorp, Traverse City, Michigan |
| Jun 7, 2013 | OCC | First National Bank PLC | Formal Agreement: First National Bank |
| Jun 3, 2013 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): McCants, Lawrence |
| Jun 3, 2013 | OCC | First National Bank in Whitney | Prohibition/Removal Orders: Lane, Mary Helen "Murty" |
| Jun 3, 2013 | OCC | (individual) | Civil Money Penalty (CMP): McCants, Lawrence |
| May 31, 2013 | OCC | (individual) | Formal Agreement: Republicbankaz, National Association |
| May 30, 2013 | OCC | Colonial Financial Services, Inc. | Formal Agreement: Colonial Bank, FSB |
| May 30, 2013 | OCC | Eagle National Bancorp, Inc. | Civil Money Penalty (CMP): Murphy, William |
| May 28, 2013 Released May 30, 2013 | FRB | Riverview Bancorp, Inc. | Written Agreement: Riverview Bancorp, Inc., Vancouver, Washington |
| May 23, 2013 Released May 30, 2013 | FRB | (individual) | Written Agreement: Commerce Bank and Trust Holding Company Employee Stock Ownership Plan, and Commerce … |
| May 21, 2013 | OCC | JPMorgan Chase Bank, N.A. | Prohibition/Removal Orders: Hertz, James L. |
| May 21, 2013 | OCC | JPMorgan Chase Bank, N.A. | Prohibition/Removal Orders: Wright, Alexander W. |
| May 20, 2013 | OCC | First National Corporation of Picayune | Civil Money Penalty (CMP): First National Bank of Picayune |
| May 17, 2013 | OCC | The First National Bank of Wahoo | Civil Money Penalty (CMP): First National Bank of Wahoo |
| May 15, 2013 | FRB | Comerica Bank | Section 19 Letters: Paula Brown |
| May 6, 2013 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Timm, Dwane |
| May 6, 2013 | OCC | (individual) | Civil Money Penalty (CMP): Timm, Dwane |
| May 2, 2013 | FRB | Suntrust Bank | Section 19 Letters: Heather Espinel |
| Apr 30, 2013 | FRB | Compass Bank | Section 19 Letters: Celina Villarreal |
| Apr 30, 2013 Released May 2, 2013 | FRB | The Baraboo Bancorporation, Inc. | Written Agreement: The Baraboo Bancorporation, Inc., Baraboo, Wisconsin |
| Apr 29, 2013 Released Feb 28, 2017 | FRB | (individual) | Written Agreement: Bank of Montreal, Montreal Canada, BMO Financial Corp., Wilmington, Delaware, and Bank … |
| Apr 29, 2013 | OCC | BMO Bank N.A. | Formal Agreement: Bmo Harris Bank National Association |
| Apr 29, 2013 | OCC | Citizens Bank, N.A. | Civil Money Penalty (CMP): Rbs Citizens, National Association |
| Apr 29, 2013 | OCC | Citizens Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Rbs Citizens, National Association |
| Apr 26, 2013 | OCC | Ladysmith Federal Savings & Loan Association | Formal Agreement: Ladysmith FS & LA |
| Apr 26, 2013 | OCC | First National Bank PLC | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): First National Bank |
| Apr 23, 2013 | OCC | Severn Savings Bank, FSB | Formal Agreement: Severn Savings Bank, FSB |
| Apr 22, 2013 | OCC | First National Bank Northeast | Civil Money Penalty (CMP): Lauer, Robert J. |
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