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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 HQ Assets Acquirer or resolution
Nov 1, 2019 City National Bank of New Jersey Newark, NJ $120.6M Industrial Bank
Oct 25, 2019 Louisa Community Bank Louisa, KY $28.2M Kentucky Farmers Bank Corporation
Oct 25, 2019 Resolute Bank Maumee, OH $23.3M Buckeye State Bank
May 31, 2019 Enloe State Bank Cooper, TX $36.7M Legend Bank, N.A.

Which banks merged in 2019?

547 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2019.

Date Acquired St Acquirer
May 1, 2019 Community Bank of Oak Park River Forest IL Byline Bank
May 1, 2019 Citizens Independent Bancorp, Inc. OH Merchants Bancorp, Inc.
May 1, 2019 Atbancorp IA Midwestone Financial Group, Inc.
May 1, 2019 Peoples Commerce Corporation MS Commerce Bancorp, Inc
May 1, 2019 King Bancorp, Inc. KY Stock Yards Bancorp, Inc.
May 1, 2019 King Southern Bank KY Stock Yards Bank & Trust Company
May 1, 2019 The Citizens Bank of Logan, Ohio OH Merchants National Bank
May 1, 2019 Peoples Bank & Trust Company MS Bank of Commerce
May 1, 2019 Kingsley State Bank IA Midstates Bank, N.A.
May 1, 2019 The First National Bank of Layton UT Glacier Bank
May 1, 2019 American Trust & Savings Bank IA MidWestOne Bank
May 1, 2019 Urbana Postal Credit Union IL University of Illinois Community Credit Union
May 1, 2019 Hamilton Bank MD Orrstown Bank
May 1, 2019 McGraw Hill Federal Credit Union NJ Pentagon Federal Credit Union
May 1, 2019 Cedars-Sinai Federal Credit Union CA Credit Union of Southern California, a Federal Credit Union
May 1, 2019 American Bank & Trust Wisconsin WI MidWestOne Bank
May 1, 2019 Farmers & Merchants Bank GA Morris Bank
Apr 30, 2019 Mutual Bank MA North Easton Savings Bank
Apr 30, 2019 Oritani Finance NJ Oritani Bank
Apr 27, 2019 State Bank of Marietta MN Prairie Sun Bank
Apr 18, 2019 Optima Bank and Trust Company NH Cambridge Trust Company
Apr 13, 2019 The Nekoma State Bank KS SJN Bank of Kansas
Apr 13, 2019 Rolfe State Bank IA United Bank of Iowa
Apr 13, 2019 The First Commonwealth Bank of Prestonsburg, Inc. KY Peoples Bank
Apr 13, 2019 Reliance Bancshares, Inc. MO Simmons First National Corporation
Apr 13, 2019 Reliance Bank MO Simmons Bank
Apr 13, 2019 First Prestonsburg Bancshares, Inc. KY Peoples Bancorp Inc.
Apr 8, 2019 Idaho Independent Bank ID First Interstate Bank
Apr 8, 2019 Community 1st Bank ID First Interstate Bank
Apr 6, 2019 Mercantile Bank IL United Community Bank
Apr 6, 2019 Soy Capital Bank and Trust Company IL First Mid Bank & Trust, N.A.
Apr 3, 2019 First Beeville Financial Corporation TX Spirit of Texas Bancshares, Inc.
Apr 3, 2019 The First National Bank of Beeville TX Spirit of Texas Bank, SSB
Apr 2, 2019 Biscayne Bank FL First-Citizens Bank & Trust Company
Apr 2, 2019 Tmi Trust Company TX Tmi Trust Company
Apr 2, 2019 Biscayne Bancshares, Inc. FL First-Citizens Bank & Trust Company
Apr 2, 2019 The First National Bank of Girard KS Gnbank, N.A. dba Gnbank, N.A.
Apr 1, 2019 Cab Financial Corporation SC Park National Corporation
Apr 1, 2019 Monument Bancorp Inc PA Citizens & Northern Corporation
Apr 1, 2019 BSB Bancorp Inc. MA People's United Financial, Inc.
Apr 1, 2019 South Shore Mutual Holding Company MA Equitable Bancorp, Inc.
Apr 1, 2019 Hometown Bankshares Corporation VA American National Bankshares Inc.
Apr 1, 2019 Blue Hills Bancorp, Inc. MA Independent Bank Corp.
Apr 1, 2019 Monument Bank PA Citizens & Northern Bank
Apr 1, 2019 National Commerce Corporation AL Centerstate Bank Corporation
Apr 1, 2019 Carolina Alliance Bank SC The Park National Bank
Apr 1, 2019 Gateway Banc Corp. IL McLaughlin Holding Company
Apr 1, 2019 HomeTown Bank VA American National Bank and Trust Company
Apr 1, 2019 Star Credit Union WI Summit Credit Union
Apr 1, 2019 National Bank of Commerce AL SouthState Bank, N.A.

Enforcement Actions in 2019

Action date Agency Institution Action
Jan 4, 2019 OCC Bank of America, N.A. Prohibition/Removal Orders: Suarez, Jessica de la Caridad

Browse adjacent years: 2018 · 2020

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