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Calendar Year

2014 in US Banking

927 bank events are on record for 2014: 18 failures, 704 mergers or acquisitions involving a bank, credit union or bank holding company, and 205 enforcement actions.

18
Failures
$2.91B in failed assets
704
Mergers
Federal Reserve NIC, banking organizations
205
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings

Jump to: Bank failures 2014 · Bank mergers 2014

How many banks failed in 2014?

18 banks failed in 2014, with $2.91B in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
Dec 19, 2014 Northern Star Bank Mankato, MN $18.8M Bankvista
Nov 7, 2014 Frontier Bank, FSB Palm Desert, CA $80.7M Bank of Southern California, N.A.
Oct 24, 2014 The National Republic Bank of Chicago Chicago, IL $843.1M State Bank of Texas
Oct 17, 2014 NBRS Financial Bank Rising Sun, MD $155.4M Howard Bank
Jul 25, 2014 Greenchoice Bank, FSB Chicago, IL $70.3M Providence Bank, LLC
Jul 18, 2014 Eastside Commercial Bank Conyers, GA $173.9M Community & Southern Bank
Jun 27, 2014 The Freedom State Bank Freedom, OK $22.8M Alva State Bank & Trust Company
Jun 20, 2014 Valley Bank Moline, IL $456.4M Great Southern Bank
Jun 20, 2014 Valley Bank Fort Lauderdale, FL $81.8M Landmark Bank, N.A.
May 30, 2014 Slavie Federal Savings Bank Bel Air, MD $140.1M Bay Bank, FSB
May 23, 2014 Columbia Savings Bank Cincinnati, OH $36.5M United Fidelity Bank, FSB
May 16, 2014 Aztecamerica Bank Berwyn, IL $66.3M Republic Bank of Chicago
Apr 25, 2014 Allendale County Bank Fairfax, SC $49.5M Palmetto State Bank
Feb 28, 2014 Millennium Bank, N.A. Sterling, VA $130.3M Washingtonfirst Bank
Feb 28, 2014 Vantage Point Bank Horsham, PA $63.5M First Choice Bank
Jan 31, 2014 Syringa Bank Boise, ID $153.4M Sunwest Bank
Jan 24, 2014 The Bank of Union El Reno, OK $317.2M BancFirst
Jan 17, 2014 Dupage National Bank West Chicago, IL $53.5M Republic Bank of Chicago

Which banks merged in 2014?

704 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2014.

See the fuller list: Bank mergers 2014 with largest deals and credit union mergers ›

Date Acquired St Acquirer
Oct 31, 2014 Peoples Community Credit Union IL American Nickeloid Community Credit Union
Oct 31, 2014 Murray Employees Credit Union IL Land of Lincoln Credit Union
Oct 31, 2014 LV East Federal Credit Union PA Irco Community Federal Credit Union
Oct 25, 2014 TF Financial Corporation PA National Penn Bancshares, Inc.
Oct 25, 2014 Delta Trust & Bank AR Simmons Bank
Oct 25, 2014 North Akron Savings Bank OH Peoples Bank
Oct 25, 2014 Prior Lake State Bank MN KleinBank
Oct 25, 2014 3rd Fed Bank PA National Penn Bank
Oct 25, 2014 Bank North WI The Stephenson National Bank and Trust
Oct 25, 2014 Highlands Independent Bank FL Harbor Community Bank
Oct 25, 2014 Centrix Bank & Trust NH Eastern Bank
Oct 25, 2014 Highlands Independent Bancshares, Inc. FL HCBF Holding Company, Inc.
Oct 24, 2014 Broward Bank of Commerce FL Centennial Bank
Oct 24, 2014 Broward Financial Holdings, Inc. FL Home Bancshares, Inc.
Oct 24, 2014 First National Bancshares of Hempstead County AR Magnolia Banking Corporation
Oct 21, 2014 G.N.B. Mortgage Company Inc. KS Gnbank, N.A. dba Gnbank, N.A.
Oct 20, 2014 Midtown Bank & Trust Company GA First Landmark Bank
Oct 18, 2014 SharePlus Bank TX Green Bank, National Association
Oct 18, 2014 InvestorsBank WI American Bank
Oct 18, 2014 Mountain West Bank, National Association MT First Interstate Bank
Oct 18, 2014 MBT Bancorp IN Mainsource Financial Group, Inc.
Oct 18, 2014 Rio Grande Operating Credit Union CO Community Choice Credit Union
Oct 18, 2014 Grant County Bancorp, Inc. KY Forcht Bancorp, Inc.
Oct 18, 2014 Grant County Deposit Bank KY Forcht Bank, N.A.
Oct 18, 2014 Wacopse Federal Credit Union PA Mountain Laurel Federal Credit Union
Oct 18, 2014 The Merchants Bank and Trust Company IN MainSource Bank
Oct 17, 2014 Great Western Bancorporation, Inc. SD Great Western Bancorp, Inc.
Oct 14, 2014 Texas Savings Bank TX First Bank & Trust
Oct 11, 2014 Members First Credit Union TN Bowater Employees Credit Union
Oct 9, 2014 National Americas Investment, Inc. SD National Americas Holdings LLC
Oct 4, 2014 North Valley Bank CA Tri Counties Bank
Oct 4, 2014 Area Bank IL Banterra Bank
Oct 4, 2014 Hardin County Bancorp, Inc IL HCB Acquisition Co
Oct 4, 2014 North Valley Bancorp CA Trico Bancshares
Oct 4, 2014 Downs Bank KS State Bank of Downs
Oct 4, 2014 Pleasantville State Bank IA Peoples Savings Bank
Oct 1, 2014 Bremer Bank, National Association MN Bremer Bank, National Association
Oct 1, 2014 JCK, Inc. KS Exchange Company
Oct 1, 2014 Quinnipiac Bank & Trust Company CT Bankwell Bank
Oct 1, 2014 Atlanta Bancorporation, Inc. GA State Bank Financial Corporation
Oct 1, 2014 Alarion Financial Services, Inc. FL Heritage Financial Group, Inc.
Oct 1, 2014 Alarion Bank FL Heritage Bank of the South
Oct 1, 2014 Southern Heritage Bancshares, Inc. TN First Citizens Bancshares, Inc.
Oct 1, 2014 The Bankshares, Inc. FL Seacoast Banking Corporation of Florida
Oct 1, 2014 Permaculture Credit Union NM Sandia Area Federal Credit Union
Oct 1, 2014 Essex Credit Corporation CA Bank of the West
Oct 1, 2014 Bremer Bank, N.A. ND Bremer Bank, National Association
Oct 1, 2014 First Capital West Bankshares, Inc. WY Sturm Financial Group, Inc.
Oct 1, 2014 FIA Card Services, N.A. DE Bank of America, N.A.
Oct 1, 2014 BankFIRST FL Seacoast National Bank

The list holds 500 of the 704 mergers recorded for 2014.

Enforcement Actions in 2014

Action date Agency Institution Action
Jun 25, 2014
Released May 17, 2018		 FRB Regions Bank Civil Money Penalty, $46,000,000: Regions Bank, Birmingham, Alabama
Jun 25, 2014 FRB Regions Bank Prohibition from Banking: Michael J. Willoughby
Jun 25, 2014
Released Apr 5, 2018		 FRB T.C. Ziraat Bankasi A.S. Written Agreement: Turkiye Cumhuriyeti Ziraat Bankasi A.S., Ankara, Turkey and Turkiye Cumhuriyeti Ziraat Bankasi …
Jun 25, 2014 FRB Regions Bank Prohibition from Banking: Jeffrey C. Kuehr
Jun 25, 2014 FRB Regions Bank Notice of Intent: Thomas A. Neely, Jr.
Jun 17, 2014 OCC The First National Bank of Manchester C&D or PC&D Requiring Restitution: Greer, Lanny
Jun 17, 2014 FRB Texas Star Bank Section 19 Letters: Judy Hollomon
Jun 17, 2014 OCC The First National Bank of Manchester Civil Money Penalty (CMP): Greer, Lanny
Jun 17, 2014 OCC The First National Bank of Manchester Civil Money Penalty (CMP): Greer, Jerry
Jun 17, 2014 OCC The First National Bank of Manchester Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Greer, Lanny
Jun 17, 2014 OCC The First National Bank of Manchester Prohibition/Removal Orders: Greer, Lanny
Jun 17, 2014 OCC The First National Bank of Manchester Civil Money Penalty (CMP): Smith, Kenneth
Jun 17, 2014 OCC The First National Bank of Manchester Civil Money Penalty (CMP): Greer, Rex
Jun 17, 2014 OCC The First National Bank of Manchester Civil Money Penalty (CMP): Greer, Randell
Jun 12, 2014 OCC First National Bank Prohibition/Removal Orders: Mulling, Isaac Jefferson
Jun 12, 2014 OCC First National Bank Prohibition/Removal Orders: Little, Stephen Michael
Jun 12, 2014
Released Jun 17, 2014		 FRB (individual) Civil Money Penalty, $4,000: First Southern Bank, Boca Raton, Florida
Jun 9, 2014 OCC First State Bancorp of the Rockies Civil Money Penalty (CMP): Sawyer, Ronald R.
Jun 6, 2014
Released Jun 10, 2014		 FRB Allied First Bancorp, Inc. Written Agreement: Allied First Bancorp, Inc., Oswego, Illinois
May 30, 2014 FRB Fulton Financial Corporation Section 19 Letters: Joni Weiss Moser
May 29, 2014 OCC The Somerville National Bank Civil Money Penalty (CMP): The Somerville National Bank
May 28, 2014
Released Jun 3, 2014		 FRB Cboa Financial, Inc. Written Agreement: CBOA Financial, Inc., Tucson, Arizona
May 28, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Ellison, Peter K.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Day, D. William
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Firth, Ralph W.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Flint, Vernon W.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Garn, Kevin S.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Jones, K. John
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Morgan, Thomas W.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Simmons, David E.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Smith, Catherine W.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Stevenson, Sharman R.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Bennett, Noall J.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Barlow, Haven J.
May 27, 2014 OCC The First National Bank of Layton Civil Money Penalty (CMP): Adams, E. Harris
May 27, 2014 OCC Equitable Bank Civil Money Penalty (CMP): Equitable Bank
May 22, 2014
Released May 29, 2014		 FRB Columbus Junction State Bank Written Agreement: Columbus Junction State Bank, Columbus Junction, Iowa
May 19, 2014 FRB Credit Suisse Group Ag Cease and Desist Order: Credit Suisse Group AG, Zurich, Switzerland
May 19, 2014 FRB Credit Suisse Ag Civil Money Penalty, $100,000,000: Credit Suisse AG, Zurich, Switzerland
May 16, 2014
Released May 20, 2014		 FRB (individual) Civil Money Penalty, $5,410: Western Bank, Lordsburg, New Mexico
May 15, 2014 OCC Pickens Savings and Loan Association, Federal Association Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Sparks, John
May 9, 2014
Released May 13, 2014		 FRB Bank of Gueydan Civil Money Penalty, $10,545: Bank of Gueydan, Gueydan, Louisiana
Apr 30, 2014 FRB Susquehanna Corporation Section 19 Letters: Diane Patricia Wall
Apr 28, 2014 OCC Abacus Federal Savings Bank Formal Agreement: Abacus Federal Savings Bank
Apr 25, 2014 OCC Capital One, N.A. GLBA Agreement: Capital One, National Association
Apr 24, 2014 OCC Citizens Bank, N.A. GLBA Agreement: Citizens Bank, National Association
Apr 22, 2014 OCC F&M Bank and Trust Company Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): F&M Bank and Trust Company
Apr 17, 2014 OCC Hopkins Bancorp, Inc. Formal Agreement: Hopkins Federal Savings Bank
Apr 15, 2014
Released Apr 17, 2014		 FRB Calvert Financial Corporation Prohibition from Banking: Darryl Woods
Apr 10, 2014
Released Apr 15, 2014		 FRB Uinta Bank Civil Money Penalty, $9,985: UINTA BANK, MOUNTAIN VIEW, WYOMING

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