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 |
|---|---|---|---|
| Feb 28, 2013 | OCC | PNC Bank, N.A. | C&D or PC&D Requiring Restitution: PNC Bank, National Association |
| Feb 28, 2013 | OCC | Metlife Bank, N.A. | C&D or PC&D Requiring Restitution: Metlife Bank, National Association |
| Feb 28, 2013 | OCC | JPMorgan Chase Bank, N.A. | C&D or PC&D Requiring Restitution: JPMorgan Chase Bank, National Association |
| Feb 28, 2013 | OCC | Citibank, N.A. | C&D or PC&D Requiring Restitution: Citibank, National Association |
| Feb 28, 2013 | OCC | Bank of America, N.A. | C&D or PC&D Requiring Restitution: Bank of America, National Association |
| Feb 28, 2013 | FRB | Emc Mortgage LLC | Amendment to 4/13/2011 Order to Cease and Desist: JPMORGAN CHASE & CO.New York, New … |
| Feb 28, 2013 | FRB | Suntrust Mortgage, Inc. | Amendment to 4/13/2011 Order to Cease and Desist: SUNTRUST BANKS, INC. Atlanta, Georgia SUNTRUST … |
| Feb 28, 2013 | FRB | The PNC Financial Services Group, Inc. | Amendment to 4/13/2011 Order to Cease and Desist: THE PNC FINANCIAL SERVICES GROUP, INC.Pittsburgh, … |
| Feb 28, 2013 | FRB | Wells Fargo & Company | Amendment to 4/13/2011 Order to Cease and Desist: Wells Fargo & Company, San Francisco, … |
| Feb 28, 2013 | FRB | Morgan Stanley | Amendment to 4/2/2012 Order to Cease and Desist: MORGAN STANLEY, New York, New York |
| Feb 28, 2013 | FRB | The Goldman Sachs Group, Inc. | Amendment to 9/1/2011 Order to Cease and Desist: THE GOLDMAN SACHS GROUP, INC.New York, … |
| Feb 28, 2013 | FRB | Bank of America Corporation | Amendment to 4/13/2011 Order to Cease and Desist: BANK OF AMERICA CORPORATION, Charlotte, North … |
| Feb 28, 2013 | FRB | Citigroup Inc. | Amendment to 4/13/2011 Order to Cease and Desist: Citigroup, Inc., New York, New York … |
| Feb 28, 2013 | FRB | HSBC North America Holdings Inc. | Amendment to 4/13/2011 Order to Cease and Desist: HSBC NORTH AMERICA HOLDINGS, INC., New … |
| Feb 27, 2013 | OCC | Bank of the Lakes, National Association | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Bank of The Lakes, National Association |
| Feb 25, 2013 | FRB | Comerica Bank | Section 19 Letters: Tracey Mclnchak |
| Feb 25, 2013 | FRB | Comerica Bank | Section 19 Letters: Tanaya Green |
| Feb 25, 2013 | OCC | Perpetual Federal Savings Bank | Civil Money Penalty (CMP): Perpetual FSB |
| Feb 21, 2013 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Liberty Savings Bank, FSB |
| Feb 21, 2013 | OCC | Advance Bank | Formal Agreement: Advance Bank |
| Feb 11, 2013 | FRB | (individual) | Section 19 Letters: Laura Musco |
| Feb 11, 2013 | OCC | Seacoast National Bank | Civil Money Penalty (CMP): Seacoast National Bank |
| Feb 5, 2013 Released Feb 12, 2013 | FRB | Commonwealth Savingshares Corporation | Written Agreement: Commonwealth Savingshares Corporation, Huntsville, Alabama |
| Feb 4, 2013 | FRB | Regions Bank | Section 19 Letters: Cecelia L. W. Boyd |
| Feb 1, 2013 | OCC | North American Savings Bank, FSB | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): North American SB, FSB |
| Jan 29, 2013 | FRB | Regions Bank | Section 19 Letters: Ashley L. Henderson |
| Jan 29, 2013 Released Feb 7, 2013 | FRB | Countricorp | Written Agreement: Countricorp, White Sulphur Springs, Montana |
| Jan 25, 2013 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Morrill, Robert A. |
| Jan 25, 2013 | OCC | TCF National Bank | Civil Money Penalty (CMP): TCF National Bank |
| Jan 22, 2013 | OCC | Smartbiz Bank, N.A. | C&D or PC&D Requiring Restitution: Ybarra, Ruben |
| Jan 22, 2013 | OCC | Smartbiz Bank, N.A. | Prohibition/Removal Orders: Ybarra, Ruben |
| Jan 22, 2013 | OCC | Community Savings | Formal Agreement: Community Savings |
| Jan 17, 2013 | FRB | One World Bank | Section 19 Letters: Yuhanna Sherriff |
| Jan 14, 2013 | FRB | JPMorgan Chase & Co. | Cease and Desist Order: JPMorgan Chase & Co., New York, New York |
| Jan 14, 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 |
| Jan 14, 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 … |
| Jan 14, 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 |
| Jan 14, 2013 | OCC | Mission Oaks Bancorp | Civil Money Penalty (CMP): Votapka, Gary W. |
| Jan 11, 2013 Released Jan 17, 2013 | FRB | The Commercial and Savings Bank of Millersburg, Ohio | Civil Money Penalty, $3,410: THE COMMERCIAL & SAVINGS BANK, Millersburg, Ohio |
| Jan 9, 2013 | FRB | BMO Bank N.A. | Section 19 Letters: Elizabeth T. Warfford |
| Jan 9, 2013 | FRB | Fifth Third Bank, N.A. | Section 19 Letters: Bonnie Erdmann Williams |
| Jan 9, 2013 | FRB | Fifth Third Bank, N.A. | Section 19 Letters: Jerome Mack |
| Jan 9, 2013 | OCC | The Baraboo National Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): The Baraboo National Bank |
| Jan 8, 2013 | OCC | Commonwealth Bancshares, Inc. | Formal Agreement: Commonwealth Bank, FSB |
| Jan 4, 2013 | OCC | Security Bank, N.A. | Civil Money Penalty (CMP): Aronson, Mitchell |
| Jan 3, 2013 | FRB | Regions Bank | Section 19 Letters: Crystal C. Thomas. |
| Jan 3, 2013 | FRB | Regions Bank | Section 19 Letters: Amber Webb |
| Jan 3, 2013 | OCC | Security Bank, N.A. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Diez, Robert |
| Jan 3, 2013 | FRB | Regions Bank | Section 19 Letters: Omeshia K. Pettaway |
| Jan 2, 2013 | OCC | Security Bank, N.A. | Civil Money Penalty (CMP): Harper, Floyd |
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