Calendar Year
2019 in US Banking
702 bank events are on record for 2019: 4 failures, 547 mergers or acquisitions involving a bank, credit union or bank holding company, and 151 enforcement actions.
4
Failures
$208.8M in failed assets
547
Mergers
Federal Reserve NIC, banking organizations
151
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 2019 · Bank mergers 2019
How many banks failed in 2019?
4 banks failed in 2019, with $208.8M in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Nov 1, 2019 | City National Bank of New Jersey | $120.6M |
| Oct 25, 2019 | Louisa Community Bank | $28.2M |
| Oct 25, 2019 | Resolute Bank | $23.3M |
| May 31, 2019 | Enloe State Bank | $36.7M |
Which banks merged in 2019?
547 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2019.
See the fuller list: Bank mergers 2019 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Nov 12, 2019 | First Paducah Bancshares of Texas, Inc. | WSB Bancshares, Inc. |
| Nov 12, 2019 | The First National Bank of Paducah | Wellington State Bank |
| Nov 9, 2019 | First Bank of Newton | INTRUST Bank, N.A. |
| Nov 9, 2019 | Pony Express Community Bank | First Option Bank |
| Nov 9, 2019 | Choice Bancorp, Inc. | Nicolet Bankshares, Inc. |
| Nov 9, 2019 | First Alliance Bancshares, Inc. | Guaranty Capital Corporation |
| Nov 9, 2019 | Choice Bank | Nicolet National Bank |
| Nov 9, 2019 | First Alliance Bank | Guaranty Bank and Trust Company |
| Nov 9, 2019 | Community Bank and Trust of Florida | Midflorida Credit Union |
| Nov 9, 2019 | Shore Community Bank | 1st Constitution Bank |
| Nov 9, 2019 | Prescott Bancshares, Inc | Magnolia Banking Corporation |
| Nov 9, 2019 | Pony Express Bancorp, Inc. | The Osawatomie Agency, Inc. |
| Nov 9, 2019 | Bank of Prescott | Farmers Bank & Trust Company |
| Nov 9, 2019 | White Haven Center Employees Federal Credit Union | Choice One Community Federal Credit Union |
| Nov 9, 2019 | Iowa State Savings Bank | Marion County State Bank |
| Nov 8, 2019 | Florida Community Bankshares, Inc. | Community Bank and Trust of Florida |
| Nov 8, 2019 | Union Bancshares, Incorporated | First Guaranty Bancshares, Inc. |
| Nov 8, 2019 | The Union Bank | First Guaranty Bank |
| Nov 6, 2019 | Chandler Bancorp of Nevada, Inc. | Spirit of Texas Bancshares, Inc. |
| Nov 6, 2019 | Chandler Bancorp, Inc. | Spirit of Texas Bancshares, Inc. |
| Nov 6, 2019 | Citizens State Bank | Spirit of Texas Bank, SSB |
| Nov 2, 2019 | Laurel Road Finance Inc. | KeyBank N.A. |
| Nov 2, 2019 | River Town Bank | Chambers Bank |
| Nov 1, 2019 | Altapacific Bancorp | Banner Corporation |
| Nov 1, 2019 | First Florida Bank | The First Bank |
| Nov 1, 2019 | Vantage Bank of Alabama | First Southern State Bank |
| Nov 1, 2019 | AltaPacific Bank | Banner Bank |
| Nov 1, 2019 | Trinity Bank | River Bank & Trust |
| Nov 1, 2019 | Union of Poles in America Credit Union | Pse Credit Union, Inc. |
| Nov 1, 2019 | River Cities Bank | Prevail Bank |
| Nov 1, 2019 | Trinity Bancorp, Inc. | River Financial Corporation |
| Nov 1, 2019 | First Florida Bancorp, Inc. | The First Bancshares, Inc. |
| Nov 1, 2019 | Legacytexas Financial Group, Inc. | Prosperity Bancshares, Inc. |
| Nov 1, 2019 | Vantage Bancshares, Inc. | First Bancshares of Stevenson, Inc. |
| Nov 1, 2019 | United Financial Bancorp, Inc. | People's United Financial, Inc. |
| Nov 1, 2019 | Stewardship Financial Corporation | Columbia Financial, Inc. |
| Nov 1, 2019 | SBC, Incorporated | Wintrust Financial Corporation |
| Nov 1, 2019 | Green Circle Investments, Inc. | Rigler Investment Company |
| Nov 1, 2019 | Bana Holding Corporation | Bac North America Holding Company |
| Nov 1, 2019 | First National Corporation of Wynne | First Financial Banc Corporation |
| Nov 1, 2019 | Landrum Company | Simmons First National Corporation |
| Nov 1, 2019 | The First National Bank of Wynne | First Financial Bank |
| Nov 1, 2019 | Mapleton Public Schools Federal Credit Union | Westerra Credit Union |
| Nov 1, 2019 | Unity Federal Credit Union | American Heritage Federal Credit Union |
| Nov 1, 2019 | LegacyTexas Bank | Prosperity Bank |
| Nov 1, 2019 | Sugar Growers Federal Credit Union | Rio Grande Valley Credit Union |
| Nov 1, 2019 | Miller Transporters Federal Credit Union | Centuryfirst Federal Credit Union |
| Nov 1, 2019 | United Bank | People's United Bank, National Association |
| Nov 1, 2019 | Atlantic Stewardship Bank | Columbia Bank |
| Nov 1, 2019 | Bank of York | Investar Bank, N.A. |
The list holds 500 of the 547 mergers recorded for 2019.
Enforcement Actions in 2019
| Action date | Agency | Institution | Action |
|---|---|---|---|
| Apr 12, 2019 | FRB | Copiah Bancshares, Inc. | Section 19 Letters: Guy E. Evans |
| Apr 12, 2019 | FRB | Regions Bank | Section 19 Letters: Elizabeth Riley |
| Apr 11, 2019 | FRB | (individual) | Section 19 Letters: Colin James |
| Apr 11, 2019 | OCC | Northwestern Bank, N.A. | Notice of Charges: Thomason, Matthew |
| Apr 10, 2019 | OCC | The First National Bank of Woodsboro | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Jones, Jason |
| Apr 10, 2019 | FRB | East West Bank | Section 19 Letters: Vivian Tat |
| Apr 9, 2019 | OCC | MidFirst Bank | Civil Money Penalty (CMP): Midfirst Bank |
| Apr 8, 2019 Released Apr 9, 2019 | FRB | (individual) | Civil Money Penalty, $163,687,500: Standard Chartered plc, London, United Kingdom, Standard Chartered Bank, London, … |
| Apr 8, 2019 Released Apr 9, 2019 | FRB | (individual) | Cease and Desist Order: Standard Chartered plc, London, United Kingdom, Standard Chartered Bank, London, … |
| Apr 4, 2019 Released Apr 16, 2019 | FRB | Princeton Capital Holdings LLC | Written Agreement: Princeton Capital Holdings LLC, Princeton Capital LLC, and Princap Holdings One LLC |
| Mar 29, 2019 | FDIC | (individual) | FDIC Makes Public February Enforcement Actions |
| Mar 27, 2019 | FRB | OakStar Bank | Prohibition from Banking: Caleb T. Jones |
| Mar 25, 2019 | FRB | Wintrust Financial Corporation | Civil Money Penalty, $1,012,500: Wintrust Financial Corporation, Rosemont, Illinois |
| Mar 25, 2019 | OCC | Rabobank, N.A. | Notice of Charges: Weiss, Daniel |
| Mar 19, 2019 | OCC | Citibank, N.A. | Civil Money Penalty (CMP): Citibank, N.A. |
| Mar 19, 2019 | FRB | PlainsCapital Bank | Section 19 Letters: Jill Myers |
| Mar 19, 2019 | FRB | PlainsCapital Bank | Section 19 Letters: Cynthia Luna Rodriguez |
| Mar 19, 2019 | FRB | Comerica Bank | Section 19 Letters: Christopher Roman |
| Mar 19, 2019 | FRB | Vantage Bank Texas | Section 19 Letters: Alma Bermudez |
| Mar 12, 2019 | OCC | Cfsbank | Formal Agreement: Cfsbank |
| Mar 11, 2019 Released Mar 12, 2019 | FRB | Goldman Sachs (Singapore) Pte | Civil Money Penalty, $1,425,000: Tim Leissner |
| Mar 11, 2019 Released Mar 12, 2019 | FRB | Goldman Sachs (Singapore) Pte | Prohibition from Banking: Tim Leissner |
| Mar 11, 2019 Released Mar 12, 2019 | FRB | Goldman Sachs (Singapore) Pte | Prohibition from Banking: Ng Chong Hwa, also known as 'Roger Ng' |
| Mar 11, 2019 | OCC | United Americas Bank, N.A. | Civil Money Penalty (CMP): Blanton, William R. |
| Mar 7, 2019 | OCC | Bank of America, N.A. | Prohibition/Removal Orders: Cortes, Marcos |
| Mar 6, 2019 | OCC | U.S. Bank N.A. | Prohibition/Removal Orders: Moore, Geraldine |
| Feb 22, 2019 | FDIC | (individual) | FDIC Makes Public January Enforcement Actions |
| Feb 21, 2019 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): MUFG Bank, Ltd. Primary NY Branch |
| Feb 21, 2019 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Riley, Ginger |
| Feb 21, 2019 | OCC | (individual) | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): MUFG Bank, Ltd. Los Angeles Branch |
| Feb 21, 2019 | OCC | Chicago Branch Holdings, Inc. | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): MUFG Bank, Ltd. Chicago Branch |
| Feb 15, 2019 Released Feb 21, 2019 | FRB | J.P. Morgan Securities (Asia Pacific) Limited | Prohibition from Banking: Timothy Fletcher |
| Feb 5, 2019 | OCC | Ben Franklin Bank of Illinois | Formal Agreement: Ben Franklin Bank of Illinois |
| Feb 5, 2019 Released Feb 7, 2019 | FRB | Suntrust Bank | Prohibition from Banking: Alison Keefe |
| Jan 29, 2019 Released Feb 5, 2019 | FRB | Mariner's Bancorp | Prohibition from Banking, Notice of Suspension: Fred Daibes |
| Jan 28, 2019 | FRB | Suntrust Bank | Section 19 Letters: Mary E. Parham |
| Jan 28, 2019 | OCC | BOKF, N.A. | Prohibition/Removal Orders: Olsen, William |
| Jan 28, 2019 | OCC | BOKF, N.A. | Civil Money Penalty (CMP): Olsen, William |
| Jan 28, 2019 | FRB | Regions Bank | Section 19 Letters: Nancy L. Sims |
| Jan 28, 2019 | FRB | Suntrust Bank | Section 19 Letters: Ginger M. Vega |
| Jan 28, 2019 | FRB | Suntrust Bank | Section 19 Letters: Elizabeth A. Fletcher |
| Jan 28, 2019 | FRB | Suntrust Bank | Section 19 Letters: Deforest N. Ross |
| Jan 25, 2019 | FDIC | (individual) | FDIC Makes Public December Enforcement Actions |
| Jan 25, 2019 Released Jan 31, 2019 | FRB | Frost Bank | Prohibition from Banking: Raysol Villalobos |
| Jan 25, 2019 Released Jan 31, 2019 | FRB | Frost Bank | Cease and Desist Order: Raysol Villalobos |
| Jan 23, 2019 | FRB | Central Bank of the South | Section 19 Letters: Steven Michael Watson |
| Jan 18, 2019 Released Jan 22, 2019 | FRB | CFG Community Bank | Prohibition from Banking: David Lavine |
| Jan 16, 2019 | OCC | Wells Fargo Bank, N.A. | Prohibition/Removal Orders: Parnell, Cheraye C. |
| Jan 7, 2019 | OCC | JPMorgan Chase Bank, N.A. | Suspension Order for Criminal Conduct: Aiyer, Akshay |
| Jan 7, 2019 | OCC | USAA Federal Savings Bank | Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): USAA Federal Savings Bank |
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