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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 HQ Assets Acquirer or resolution
Dec 13, 2013 Texas Community Bank, N.A. The Woodlands, TX $159.3M Spirit of Texas Bank, SSB
Oct 30, 2013 Bank of Jackson County Graceville, FL $24.7M First Federal Bank of Florida
Sep 13, 2013 First National Bank Edinburg, TX $3.09B PlainsCapital Bank
Sep 13, 2013 The Community's Bank Bridgeport, CT $26.4M —
Aug 23, 2013 Community South Bank Parsons, TN $386.9M CB&S Bank, Inc.
Aug 23, 2013 Sunrise Bank of Arizona Phoenix, AZ $202.2M First Fidelity Bank, N.A.
Aug 9, 2013 Bank of Wausau Wausau, WI $43.6M Nicolet National Bank
Aug 2, 2013 First Community Bank of Southwest Florida Fort Myers, FL $247.3M C1 Bank
Jun 7, 2013 Mountain National Bank Sevierville, TN $437.3M First Tennessee Bank, N.A.
Jun 6, 2013 1st Commerce Bank North Las Vegas, NV $20.2M Plaza Bank
May 31, 2013 Banks of Wisconsin Kenosha, WI $134.0M North Shore Bank, FSB
May 14, 2013 Central Arizona Bank Scottsdale, AZ $31.6M Western State Bank
May 10, 2013 Sunrise Bank Valdosta, GA $60.8M Synovus Bank
May 10, 2013 Pisgah Community Bank Asheville, NC $21.9M Capital Bank, N.A.
Apr 26, 2013 Douglas County Bank Douglasville, GA $317.3M Hamilton State Bank
Apr 26, 2013 Parkway Bank Lenoir, NC $109.6M Certusbank, N.A.
Apr 19, 2013 Heritage Bank of North Florida Orange Park, FL $104.0M Firstatlantic Bank
Apr 19, 2013 First Federal Bank Lexington, KY $93.0M Your Community Bank
Apr 19, 2013 Chipola Community Bank Marianna, FL $37.5M First Federal Bank of Florida
Apr 5, 2013 Gold Canyon Bank Gold Canyon, AZ $42.1M First Scottsdale, N.A.
Mar 8, 2013 Frontier Bank Lagrange, GA $258.8M Heritage Bank of the South
Feb 15, 2013 Covenant Bank Chicago, IL $58.4M Liberty Bank and Trust Company
Jan 18, 2013 1st Regents Bank Andover, MN $49.6M First Minnesota Bank
Jan 11, 2013 Westside Community Bank University Place, WA $91.9M Sunwest Bank

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 St Acquirer
Oct 1, 2013 Merrill Lynch & Co., Inc. NC Bank of America Corporation
Oct 1, 2013 Macneill Employees Credit Union FL Priority One Credit Union of Florida
Oct 1, 2013 Commercial Bank of Minnesota MN Security Bank Midwest
Oct 1, 2013 Harper & Row Keystone Employees Federal Credit Union PA Penn East Federal Credit Union
Oct 1, 2013 Dakota Territory Federal Credit Union SD Northern Hills Federal Credit Union
Oct 1, 2013 United Workers Federal Credit Union CA Operating Engineers Local Union #3 Federal Credit Union
Oct 1, 2013 Citifinancial, INC.<OH> MD Citifinancial Servicing LLC
Oct 1, 2013 Security Savings Bank, SSB NC NewBridge Bank
Oct 1, 2013 W A G E Federal Credit Union TX 4U Federal Credit Union
Oct 1, 2013 Farrel Federal Credit Union CT America's First Network Credit Union
Oct 1, 2013 The Citizens State Bank of Cortez CO Four Corners Community Bank
Oct 1, 2013 River Bend Credit Union IA 5 Star Community Credit Union
Oct 1, 2013 Chicagoland Electrical Industry Credit Union IL Great Lakes Credit Union
Oct 1, 2013 NWS Federal Credit Union VA 1st Advantage Federal Credit Union
Oct 1, 2013 Genie-Watt Credit Union ND Railway Credit Union
Oct 1, 2013 Lima Ohio Postal Employees Federal Credit Union OH Topmark Federal Credit Union
Oct 1, 2013 Neo Federal Credit Union OK Ttcu Federal Credit Union
Oct 1, 2013 Fort Bragg Community Federal Credit Union CA Community First Credit Union
Oct 1, 2013 Usu Charter Federal Credit Union UT Goldenwest Federal Credit Union
Oct 1, 2013 Seaford Federal Credit Union DE Del-One Federal Credit Union
Oct 1, 2013 Payette River Community Credit Union ID Clarity Credit Union
Oct 1, 2013 Am Federal Credit Union CA Skyone Federal Credit Union
Oct 1, 2013 San Francisco B P R Federal Credit Union CA San Francisco Federal Credit Union
Oct 1, 2013 United Services Credit Union NC Self-Help Credit Union
Oct 1, 2013 The Colorado State Bank of Walsh CO Frontier Bank
Oct 1, 2013 Rome Credit Union MI Community Choice Credit Union
Oct 1, 2013 Northeast Oregon Federal Credit Union OR Icon Credit Union
Oct 1, 2013 Newspaper Employees Credit Union UT American United Federal Credit Union
Oct 1, 2013 Alameda Credit Union CA Provident Credit Union
Oct 1, 2013 Assurance Federal Credit Union VA Argent Federal Credit Union
Oct 1, 2013 Delta Wye Federal Credit Union MA River Works Credit Union
Oct 1, 2013 Middlesex Healthcare Federal Credit Union CT Ellafi Federal Credit Union
Oct 1, 2013 Covenant Federal Credit Union OK Western Sun Federal Credit Union
Oct 1, 2013 Azusa City Employees Federal Credit Union CA Foothill Federal Credit Union
Oct 1, 2013 Security One Federal Credit Union TX Texas Trust Credit Union
Oct 1, 2013 Asheville Postal Credit Union NC Center Parc Credit Union
Oct 1, 2013 Randolph Bank & Trust Company NC Bank of North Carolina
Sep 30, 2013 Portsmouth Police Credit Union VA Northern Star Credit Union, Inc.
Sep 30, 2013 Arc Credit Union MI Christian Financial Credit Union
Sep 28, 2013 The East Texas National Bank of Palestine TX VeraBank, N.A.
Sep 27, 2013 First Wewoka Bancorporation, Inc. OK First Okmulgee Corporation
Sep 27, 2013 Gilmore Bank CA Grandpoint Bank
Sep 25, 2013 Chickasha Bancshares, Inc. OK B.O.E. Bancshares, Inc.
Sep 21, 2013 The Business Bank MN Bell Bank
Sep 21, 2013 Regents Bank, N.A. CA Grandpoint Bank
Sep 21, 2013 Pacesetter Bank IN Citizens State Bank of New Castle
Sep 14, 2013 The First National Bank of Hico TX McBank
Sep 14, 2013 United American Agency, LLC MN Dacotah Bank
Sep 14, 2013 Farmers and Merchants Bank of Hill City KS The Stockton National Bank
Sep 14, 2013 Donnelly Bancshares, Inc. MN Dacotah Banks, Inc.

The list holds 500 of the 646 mergers recorded for 2013.

Enforcement Actions in 2013

Action date Agency Institution Action
Jan 2, 2013 OCC Security Bank, N.A. Civil Money Penalty (CMP): Fernandez, Manual
Jan 2, 2013 OCC Security Bank, N.A. Civil Money Penalty (CMP): Diez, Robert
Jan 2, 2013 OCC Security Bank, N.A. Civil Money Penalty (CMP): Connell, Harold
Jan 2, 2013 OCC Security Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Connell, Harold
Jan 2, 2013 OCC Security Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Fernandez, Manual
Jan 2, 2013 OCC Security Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Harper, Floyd
Jan 2, 2013 OCC Security Bank, N.A. Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Kenney, Timothy
Jan 2, 2013 OCC Security Bank, N.A. Civil Money Penalty (CMP): Kenney, Timothy

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