Data / Bank failures / 2013 / Mountain National Bank
Mountain National Bank, Sevierville, TN: failed June 7, 2013
Mountain National Bank in Sevierville, Tennessee, failed on June 7, 2013. First Tennessee Bank, National Association of Memphis, TN, took over its deposits. It held $437.3 million in assets and $373.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $33.3 million (7.6% of its assets). By assets it was the 2nd largest of 24 banks closed or assisted in 2013.
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The FDIC's record
- Closed
- June 7, 2013
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- First Tennessee Bank, National Association, Memphis, TN
- Total assets
- $437,282,000
- Total deposits
- $373,366,000
- Estimated cost to the FDIC
- $33,291,938 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- DIF
- FDIC certificate
- 34789
Other bank failures in Tennessee, 2011 to 2015
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Community South Bank | Parsons | August 23, 2013 | $386.9 million | $377.7 million | $129.7 million | CB&S Bank, Inc. |
| The Farmers Bank of Lynchburg | Lynchburg | June 15, 2012 | $163.9 million | $156.4 million | $33.1 million | Clayton Bank and Trust |
| Tennessee Commerce Bank | Franklin | January 27, 2012 | $1.01 billion | $1.04 billion | $351.8 million | Republic Bank & Trust Company |
| Bankeast | Knoxville | January 27, 2012 | $261.9 million | $259.6 million | $74.1 million | U.S. Bank National Association |
All bank failures in 2013 · All bank failures in Tennessee · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.