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Bank Failures

2013 in Brief

There were 24 bank failures in 2013. See detailed descriptions below.

For more bank failure information on a specific year, select a date from the drop down menu to the right or select a month within the graph.

2013 Summary by Month

(Approximate asset dollar volume based on figures from the press releases)

Months Dec Oct Sep Sep Aug Aug Aug Aug Jun Jun May May May May Apr Apr Apr Apr Apr Apr Mar Feb Jan Jan
Bank Failures 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Approx. Asset (Millions) 160.10 25.50 26.30 3100.00 202.20 386.90 43.60 265.70 437.30 20.20 60.80 21.90 31.60 134.00 108.60 316.50 110.90 100.10 39.20 45.20 258.80 58.40 50.20 97.70
December Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Texas Community Bank, National Association, The Woodlands, TX PR-118-2013 $160.1 $142.6 Spirit of Texas Bank, SSB has agreed to assume all deposits.
October Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Bank of Jackson County, Graceville, FL PR-97-2013 $25.5 $25.0

First Federal Bank of Florida has agreed to assume all deposits.

September Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
The Community's Bank, Bridgeport, CT PR-82-2013 $26.3 $25.7 The FDIC has approved the payout of the insured deposits of The Community's Bank.
First National Bank also operating as The National Bank of El Paso, Edinburg, TX PR-83-2013 $3,100.0 $2,300.0 PlainsCapital Bank has agreed to assume all deposits.
August Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Sunrise Bank of Arizona, Phoenix, AZ PR-73-2013 $202.2 $196.9 First Fidelity Bank, National Association has agreed to assume all deposits.
Community South Bank, Parsons, TN PR-72-2013 $386.9 $377.7

CB&S Bank, Inc. has agreed to assume all deposits and $121.7 million of the assets.

Bank of Wausau, Wausau, WI PR-71-2013 $43.6 $40.7

Nicolet National Bank has agreed to assume all deposits.

First Community Bank of Southwest Florida (also operating as Community Bank of Cape Coral), Fort Myers, FL PR-69-2013 $265.7 $254.2 C1 Bank has agreed to assume all deposits.
June Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Mountain National Bank, Sevierville, TN PR-50-2013 $437.3 $373.4 First Tennessee Bank, National Association has agreed to assume all deposits excluding certain brokered deposits.
1st Commerce Bank, North Las Vegas, NV PR-49-2013 $20.2 $19.6

Plaza Bank has agreed to assume all deposits.

May Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Banks of Wisconsin d/b/a Bank of Kenosha, Kenosha, WI PR-46-2013 $134.0 $127.6 North Shore Bank, FSB has agreed to assume all deposits excluding certain brokered deposits.
Central Arizona Bank, Scottsdale, AZ PR-40-2013 $31.6 $30.8 Western State Bank has agreed to assume all deposits.
Sunrise Bank, Valdosta, GA PR-38-2013 $60.8 $57.8 Synovus Bank has agreed to assume all deposits.
Pisgah Community Bank, Asheville, NC PR-37-2013 $21.9 $21.2 Capital Bank, N.A. has agreed to assume all deposits.
April Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Parkway Bank, Lenoir, NC PR-33-2013 $108.6 $103.7 CertusBank, National Association has agreed to assume all deposits.
Douglas County Bank, Douglasville, GA PR-34-2013 $316.5 $314.3 Hamilton State Bank has agreed to assume all deposits.
Heritage Bank of North Florida, Orange Park, FL PR-29-2013 $110.9 $108.5 FirstAtlantic Bank has agreed to assume all deposits.
First Federal Bank, Lexington, KY PR-028-2013 $100.1 $93.9

Your Community Bank has agreed to assume all deposits.

Chipola Community Bank, Marianna, FL PR-30-2013 $39.2 $37.6

First Federal Bank of Florida has agreed to assume all deposits.

Gold Canyon Bank, Gold Canyon, AZ PR-26-2013 $45.2 $44.2 First Scottsdale Bank, National Association, has agreed to assume all deposits.
March Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Frontier Bank, LaGrange, GA PR-18-2013 $258.8 $224.1 HeritageBank of the South has agreed to assume all deposits.
February Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
Covenant Bank, Chicago, IL PR-10-2013 $58.4 $54.2 Liberty Bank and Trust Company has agreed to assume all deposits excluding certain brokered deposits.
January Back to Top
Bank Name Press Release Closing Date Approx. Asset (Millions) Approx. Deposit (Millions) Acquirer & Transaction
1st Regents Bank, Andover, MN PR-5-2013 $50.2 $49.1

First Minnesota Bank has agreed to assume all deposits.

Westside Community Bank, University Place, WA PR-2-2013 $97.7 $96.5 Sunwest Bank has agreed to assume all deposits.