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 |
|---|---|---|---|
| Apr 22, 2013 Released Apr 25, 2013 | FRB | Freedom Bancorporation, Inc. | Written Agreement: Freedom Bancorporation, Inc., Lindstrom, Minnesota |
| Apr 22, 2013 | OCC | Midwest Federal Savings and Loan Association of St Joseph | Formal Agreement: Midwest FS & LA of St Joseph |
| Apr 22, 2013 | OCC | First Insurance Group of the Midwest, Inc. | Civil Money Penalty (CMP): First Federal Bank of The Midwest |
| Apr 17, 2013 | FRB | Banco Industrial De Venezuela, C.A. | Section 19 Letters: Anthony Gomez |
| Apr 17, 2013 | OCC | Mid-Southern Savings Bank, F.S.B. | Formal Agreement: Mid-Southern Savings Bank, FSB |
| Apr 17, 2013 | FRB | Morgan Stanley | Section 19 Letters: Garth Peterson |
| Apr 16, 2013 Released May 15, 2018 | FRB | Oklahoma Capital Bank | Written Agreement: Oklahoma Capital Bank (formerly known as Freedom Bank of Oklahoma) |
| Apr 15, 2013 | OCC | Millennium Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Millennium Bank, National Association |
| Apr 15, 2013 | OCC | The First National Bank of Hartford | GLBA Agreement: The First National Bank of Hartford |
| Apr 12, 2013 Released Apr 18, 2013 | FRB | (individual) | Cease and Desist Order: Metropolitan Bank Group, Inc., Chicago, Illinois |
| Apr 11, 2013 | OCC | Bank of America, N.A. | Prohibition/Removal Orders: Pinard, Dean Z. |
| Apr 8, 2013 | OCC | The First National Bank of Niagara | Civil Money Penalty (CMP): Gunville, Robert |
| Apr 8, 2013 | OCC | The First National Bank of Niagara | Prohibition/Removal Orders: Gunville, Robert |
| Apr 8, 2013 | OCC | The First National Bank of Niagara | C&D or PC&D Requiring Restitution: Gunville, Robert |
| Apr 8, 2013 | OCC | The First National Bank of Niagara | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Gunville, Robert |
| Apr 3, 2013 | FRB | (individual) | Section 19 Letters: Niaheem Crandall |
| Apr 2, 2013 | FRB | The Bank of Nova Scotia | Section 19 Letters: Wendie Brown |
| Mar 25, 2013 Released Apr 4, 2013 | FRB | HSH Nordbank Ag | Written Agreement: HSH Nordbank AG, Hamburg, Germany and HSH Nordbank AG, New York Branch, … |
| Mar 21, 2013 Released Mar 26, 2013 | FRB | Citigroup Inc. | Cease and Desist Order: Citigroup, Inc., New York, New York |
| Mar 20, 2013 | OCC | Lincoln Federal Savings Bank of Nebraska | Civil Money Penalty (CMP): Lincoln FSB of Nebraska |
| Mar 18, 2013 | OCC | Community First Bank | C&D or PC&D Requiring Restitution: Community First Bank |
| Mar 18, 2013 | OCC | The First National Bank of Waverly | Civil Money Penalty (CMP): The First National Bank of Waverly |
| Mar 18, 2013 | OCC | Community First Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Community First Bank |
| Mar 15, 2013 | OCC | Amarillo National Bank | Civil Money Penalty (CMP): Amarillo National Bank |
| Mar 13, 2013 | OCC | Western Springs National Bank and Trust | Civil Money Penalty (CMP): Miceli, Jerry F. |
| Mar 13, 2013 | OCC | Western Springs National Bank and Trust | C&D or PC&D Requiring Restitution: Regas, James A. |
| Mar 13, 2013 Released Mar 19, 2013 | FRB | Devon Bancorp, Inc. | Written Agreement: Devon Bancorp, Inc., Chicago, Illinois |
| Mar 13, 2013 | OCC | Western Springs National Bank and Trust | Civil Money Penalty (CMP): Regas, James A. |
| Mar 13, 2013 | OCC | Western Springs National Bank and Trust | Prohibition/Removal Orders: Regas, James A. |
| Mar 13, 2013 | OCC | Western Springs National Bank and Trust | Prohibition/Removal Orders: Miceli, Jerry F. |
| Mar 7, 2013 | OCC | Hometown Bank of the Hudson Valley | Formal Agreement: Hometown Bank of The Hudson Valley |
| Mar 1, 2013 | FRB | RBC Bank (USA) | Section 19 Letters: Matthew Skinner |
| Feb 28, 2013 | OCC | Aurora Bank FSB | C&D or PC&D Requiring Restitution: Aurora Bank FSB |
| Feb 28, 2013 | FRB | First National Bank of East Grand Forks | Amendment to 4/13/2011 Order to Cease and Desist: U.S. BANCORPMinneapolis, Minnesota |
| Feb 28, 2013 | OCC | GN Bank | Formal Agreement: Illinois-Service FS & LA |
| Feb 28, 2013 | OCC | Wells Fargo Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wells Fargo Bank, National Association |
| Feb 28, 2013 | OCC | U.S. Bank N.A. ND | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): U.S. Bank National Association ND |
| Feb 28, 2013 | OCC | U.S. Bank N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): U.S. Bank National Association |
| Feb 28, 2013 | OCC | Santander Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Sovereign Bank, National Association |
| Feb 28, 2013 | OCC | PNC Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): PNC Bank, National Association |
| Feb 28, 2013 | OCC | Metlife Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Metlife Bank, National Association |
| Feb 28, 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 |
| Feb 28, 2013 | OCC | HSBC Bank USA, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): HSBC Bank USA, National Association |
| Feb 28, 2013 | OCC | Citibank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Citibank, National Association |
| Feb 28, 2013 | OCC | Bank of America, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bank of America, National Association |
| Feb 28, 2013 | OCC | Aurora Bank FSB | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Aurora Bank FSB |
| Feb 28, 2013 | OCC | Wells Fargo Bank, N.A. | C&D or PC&D Requiring Restitution: Wells Fargo Bank, National Association |
| Feb 28, 2013 | OCC | U.S. Bank N.A. ND | C&D or PC&D Requiring Restitution: U.S. Bank National Association ND |
| Feb 28, 2013 | OCC | U.S. Bank N.A. | C&D or PC&D Requiring Restitution: U.S. Bank National Association |
| Feb 28, 2013 | OCC | Santander Bank, N.A. | C&D or PC&D Requiring Restitution: Sovereign Bank, National Association |
Browse adjacent years: 2012 · 2014
Or jump to a category: Failures · Mergers · Enforcement · Assistance