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Data / Bank failures / 2013 / Parkway Bank

Parkway Bank, Lenoir, NC: failed April 26, 2013

Parkway Bank in Lenoir, North Carolina, failed on April 26, 2013. Certusbank, National Association of Easley, SC, took over its deposits. It held $109.6 million in assets and $104.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $16.5 million (15% of its assets). By assets it was the 10th largest of 24 banks closed or assisted in 2013.

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The FDIC's record

Closed
April 26, 2013
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
Certusbank, National Association, Easley, SC
Total assets
$109,642,000
Total deposits
$104,709,000
Estimated cost to the FDIC
$16,490,035 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
DIF
FDIC certificate
57158

The FDIC record

Other bank failures in North Carolina, 2011 to 2015

BankCityClosedAssetsDepositsEstimated costAcquirer
Pisgah Community BankAshevilleMay 10, 2013$21.9 million$21.2 million$7.9 millionCapital Bank, National Association
Waccamaw BankWhitevilleJune 8, 2012$533.1 million$472.7 million$23.8 millionFirst Community Bank
Blue Ridge Savings Bank, Inc.AshevilleOctober 14, 2011$161.4 million$159.6 million$44.1 millionBank of North Carolina
The Bank of AshevilleAshevilleJanuary 21, 2011$204.9 million$199.4 million$43.9 millionFirst Bank

Other failed banks Certusbank, National Association took over

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Hometown CommunitybankBraseltonGANovember 16, 2012$124.6 million$108.9 million$39.7 millionCertusbank, National Association

All bank failures in 2013 · All bank failures in North Carolina · Every failed bank Certusbank, National Association took over · 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.