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 |
|---|---|---|
| Jul 1, 2013 | Visalia Community Bank | Community West Bank |
| Jul 1, 2013 | Summitone Federal Credit Union | Wasatch Peaks Federal Credit Union |
| Jul 1, 2013 | Mpo Federal Credit Union | Heritage Financial Federal Credit Union |
| Jul 1, 2013 | Home State Bank & Trust Co. of McPherson, Kansas | The Citizens State Bank |
| Jul 1, 2013 | N M P Northern Area Federal Credit Union | Great Meadow Federal Credit Union |
| Jul 1, 2013 | Petrowax Federal Credit Union | P C Federal Credit Union |
| Jul 1, 2013 | Midwest Credit Union | Sheboygan Area Credit Union |
| Jul 1, 2013 | Dr Pepper Employee Federal Credit Union | Intouch Credit Union |
| Jul 1, 2013 | Enterprise Bancorp, Inc. | 1st United Bancorp, Inc. |
| Jul 1, 2013 | The Private Bank of California | The Private Bank of California |
| Jul 1, 2013 | Heritage Bancshares, Inc. | Southern Bancshares (N.C.), Inc. |
| Jul 1, 2013 | First Federal Savings Bank of Creston | PCSB Bank |
| Jul 1, 2013 | Enterprise Bank of Florida | 1st United Bank |
| Jul 1, 2013 | Dairy-Pak Athens Credit Union | First Reliance Federal Credit Union |
| Jul 1, 2013 | Scott Schools Credit Union | Ascentra Credit Union |
| Jul 1, 2013 | Bradley Bancorp | Colbank Bancorp |
| Jul 1, 2013 | Public Service Credit Union | Marinette County Employees Credit Union |
| Jul 1, 2013 | Goodyear-Danville Family Credit Union | Beacon Credit Union Incorporated |
| Jul 1, 2013 | Startrust Federal Credit Union | Investex Credit Union |
| Jul 1, 2013 | Limits Depot Federal Credit Union | National Police Federal Credit Union |
| Jun 30, 2013 | Cwa Long Island Federal Credit Union | Island Federal Credit Union |
| Jun 29, 2013 | The Farmers National Bank of Cynthiana | Farmers Deposit Bank |
| Jun 29, 2013 | Oswego Community Bank | Byline Bank |
| Jun 29, 2013 | Mail Pouch Federal Credit Union | First Choice America Community Federal Credit Union |
| Jun 29, 2013 | Archer Bank | Byline Bank |
| Jun 29, 2013 | Metrobank | Byline Bank |
| Jun 29, 2013 | Wyse Federal Credit Union | Friendly Federal Credit Union |
| Jun 29, 2013 | Plaza Bank, Norridge, Illinois | Byline Bank |
| Jun 29, 2013 | U. S. Bancorp | Union Savings Bank |
| Jun 28, 2013 | First Graham Delaware Corporation | First Graham Bancorp, Inc. |
| Jun 26, 2013 | San Diego Trust Bank | Pacific Premier Bank, National Association |
| Jun 25, 2013 | Saks Fifth Avenue Enterprises Federal Credit Union | L'Oreal USA Federal Credit Union |
| Jun 25, 2013 | Cataract City Federal Credit Union | Rediform Niagara Falls NY Federal Credit Union |
| Jun 22, 2013 | Town & Country Bank Midwest | Town and Country Bank Midwest |
| Jun 22, 2013 | Napoleon Bank | Preferred Bank |
| Jun 22, 2013 | Town & Country Bank of Missouri | Town and Country Bank Midwest |
| Jun 22, 2013 | The Bank of Southern Connecticut | Liberty Bank |
| Jun 22, 2013 | Lincoln State Bank, S.B. | First State Bank |
| Jun 22, 2013 | Bank of Tucson | Grandpoint Bank |
| Jun 21, 2013 | Healthone Federal Credit Union | Partner Colorado Credit Union |
| Jun 20, 2013 | Prime Time Investments Group, LLC | FarmBank Holding, Inc. |
| Jun 20, 2013 | Central Valley Bank | Heritage Bank |
| Jun 17, 2013 | Nevada National Bank | Southwestern National Bank |
| Jun 17, 2013 | Nevada National Bank | Cathay Bank |
| Jun 15, 2013 | Core Business Bank | Puget Sound Bank |
| Jun 14, 2013 | The First State Bank | Security State Bank of Oklahoma |
| Jun 8, 2013 | Community State Bank | Farmers and Merchants Bank of Kendall |
| Jun 8, 2013 | Bank of Granite Corporation | Communityone Bancorp |
| Jun 8, 2013 | Bank of Granite | Communityone Bank, National Association |
| Jun 8, 2013 | Community of Healthcare Employees Credit Union | Patriot 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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