Data / Bank failures / 1993
US bank failures in 1993: 50 banks closed
50 banks failed in 1993, holding $9.98 billion in assets and $8.39 billion in deposits. The FDIC estimates the cost to its insurance fund at $900.2 million. The largest: Western FSB ($3.80 billion), Old Stone SB ($1.85 billion), New England Savings Bank ($914.9 million). Most by state: CA 24, TX 10, KS 3, VA 1, WA 1.
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Every failure, newest first
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Century Thrift and Loan | Los Angeles | CA | November 5, 1993 | $31.9 million | $24.5 million | $9.6 million | |
| The Bank of San Diego | San Diego | CA | October 29, 1993 | $294.3 million | $289.1 million | $58.9 million | Grossmont Bank |
| Mid City Bank, N.A. | Brea | CA | October 21, 1993 | $105.7 million | $102.6 million | $14.3 million | Chino Valley Bank |
| Brentwood Thrift and Loan Association | Los Angeles | CA | October 15, 1993 | $12.9 million | $11.5 million | $3.3 million | |
| Plaza Bank, N.A. of New Braunfels | New Braunfels | TX | October 14, 1993 | $54.6 million | $56.9 million | $2.7 million | Texas Com Bank-New Braun |
| Westside Bank, FSB | Los Angeles | CA | September 24, 1993 | $81.7 million | $76.9 million | $21.6 million | |
| Western United National Bank | Los Angeles | CA | September 24, 1993 | $23.7 million | $22.6 million | $7.2 million | |
| Regent Thrift and Loan Association | San Francisco | CA | September 17, 1993 | $35.8 million | $7.2 million | $1.5 million | Metropolitan Bank |
| Amador Valley S & L | Pleasanton | CA | September 10, 1993 | $41.9 million | $41.2 million | $2.8 million | Community First NB |
| Maritime Bank of California | Los Angeles | CA | August 27, 1993 | $31.8 million | $30.9 million | $5.9 million | Western Bank |
| Tarrant Bank | Fort Worth | TX | August 25, 1993 | $62.6 million | $59.7 million | $7.3 million | First Interstate BK of T |
| Golden State FSB | Irvine | CA | August 13, 1993 | $50.6 million | $46.6 million | $4.5 million | |
| New Atlantic Bank, NA | Norfolk | VA | August 12, 1993 | $15.1 million | $14.4 million | $792,379 | Bank of Hampton Roads |
| The Wolfe City National Bank | Wolfe City | TX | July 29, 1993 | $30.4 million | $32.2 million | $4.9 million | Sulphur Springs State Ba |
| Fidelity National Bank | Houston | TX | July 22, 1993 | $52.6 million | $50.3 million | $5.5 million | Comerica Bank Texas |
| City Thrift and Loan Association | Los Angeles | CA | July 9, 1993 | $39.4 million | $37 million | $17.7 million | |
| First California Bank | La Mesa | CA | July 9, 1993 | $79.4 million | $77 million | $14.3 million | Valle de Oro Bank NA |
| Emerald City Bank | Seattle | WA | July 2, 1993 | $7.8 million | $7.2 million | $1.1 million | Key Bank of Washington |
| Jefferson Bank & Trust | Lakewood | CO | July 2, 1993 | $127.1 million | $119.4 million | $38.6 million | Firstbank of Westland NA |
| Westheimer National Bank | Houston | TX | July 1, 1993 | $27.9 million | $28.1 million | $8.2 million | Nationsbank of Texas NA |
| Eagle Bank of Champaign County, National A | Rantoul | IL | July 1, 1993 | $20.2 million | $19.7 million | $678,661 | Busey Bank |
| City National Bank of Washington | Washington | DC | June 25, 1993 | $24 million | $22.7 million | $1 million | Crestar Bank National As |
| Capital Bank of California | Los Angeles | CA | June 18, 1993 | $227.7 million | $224.7 million | $64.1 million | |
| American Bank and Trust | San Jose | CA | June 18, 1993 | $35.6 million | $34.6 million | $5.5 million | Bank of Santa Clara |
| Bankcentral Amarillo | Amarillo | TX | June 10, 1993 | $34.7 million | $34.1 million | $2.5 million | Amarillo National Bank |
| Western FSB | Marina Del Ray | CA | June 4, 1993 | $3.80 billion | $2.70 billion | $107.9 million | |
| Palos Verdes National Bank | Rolling Hills Est | CA | May 21, 1993 | $45.6 million | $47.8 million | $10.3 million | Peninsula Bank National |
| New England Savings Bank | New London | CT | May 21, 1993 | $914.9 million | $720.5 million | $117 million | Citizens Savings Bank |
| Crown National Bank | Charlotte | NC | May 20, 1993 | $26.3 million | $24.8 million | $1.7 million | Lincoln Bank of NC |
| Wilshire Center Bank | Los Angeles | CA | May 6, 1993 | $9.7 million | $9.4 million | $5.9 million | California Center Bank |
| American Commerce National Bank | Anaheim | CA | April 30, 1993 | $139.1 million | $127.7 million | $43.6 million | Southern California Bank |
| Valley National Bank of Fremont | Hamburg | IA | April 29, 1993 | $7 million | $6.8 million | $164,766 | Decatur County State Ban |
| First Western Bank, N.A. | San Diego | CA | April 15, 1993 | $16.2 million | $15.3 million | $3.1 million | Peninsula Bank of San Di |
| Premier Bank | Northridge | CA | April 8, 1993 | $73 million | $69.8 million | $8.9 million | Trans-World Bank |
| Pioneer FS & La | Prairie Village | KS | April 2, 1993 | $132.9 million | $128 million | $36.3 million | |
| Olympic National Bank | Los Angeles | CA | April 2, 1993 | $82.4 million | $80.5 million | $25.2 million | Western Bank |
| College Boulevard National Bank | Overland Park | KS | April 2, 1993 | $202.8 million | $190.8 million | $15.4 million | First NB of Kansas |
| Midland Bank of Kansas | Mission | KS | April 2, 1993 | $124.3 million | $120.9 million | $12.9 million | Bank IV Kansas National |
| First State Bank | Vega | TX | April 1, 1993 | $21.4 million | $20.7 million | $2.8 million | Citizens STB of Dalhart |
| United Bank, N.A. | Lancaster | TX | March 18, 1993 | $49.8 million | $49 million | $160,905 | Kilgore First National Bank |
| The Guardian Bank, FSB | Boca Raton | FL | March 16, 1993 | $75.6 million | $69.2 million | $3.6 million | Shawmut Bank, FSB |
| First American Capital Bank, N.a | Laguna Beach | CA | March 4, 1993 | $28.5 million | $26.3 million | $7.4 million | Orange National Bank |
| Jefferson National Bank | Watertown | NY | February 26, 1993 | $256 million | $248.7 million | $43.5 million | Fleet Bank of New York |
| The Planters NB of Rosebud | Rosebud | TX | February 25, 1993 | $13.7 million | $13.6 million | $1.5 million | First NB in Cameron |
| American Bank of Haltom City | Haltom City | TX | February 5, 1993 | $99.5 million | $100.2 million | $14.5 million | Central BANK&TRUST |
| Life FSB | Baton Rouge | LA | January 29, 1993 | $16.8 million | $16.5 million | $2.2 million | Liberty B&T Co |
| Vista Fsa | Canoga Park | CA | January 29, 1993 | $105.1 million | $94.5 million | $15.1 million | |
| Old Stone SB | Providence | RI | January 29, 1993 | $1.85 billion | $1.70 billion | $73.6 million | Citizens SB |
| First National Bank of Vermont | Bradford | VT | January 29, 1993 | $295.8 million | $282.4 million | $25.5 million | New First NB of Vermont |
| Columbia National Bank | Santa Monica | CA | January 22, 1993 | $47.6 million | $47.6 million | $17.6 million | Western Bank |
Other years
- 2026 4
- 2025 2
- 2024 2
- 2023 5
- 2020 4
- 2019 4
- 2017 8
- 2016 5
- 2015 8
- 2014 18
- 2013 24
- 2012 51
- 2011 92
- 2010 157
- 2009 148
- 2008 30
- 2007 3
- 2004 4
- 2003 3
- 2002 11
- 2001 4
- 2000 7
- 1999 8
- 1998 3
- 1997 1
- 1996 6
- 1995 8
- 1994 15
- 1992 181
- 1991 271
- 1990 382
- 1989 534
- 1988 470
- 1987 262
- 1986 204
- 1985 180
- 1984 106
- 1983 99
- 1982 119
- 1981 40
- 1980 22
- 1979 10
- 1978 7
- 1977 6
- 1976 17
- 1975 13
- 1974 4
- 1973 6
- 1972 2
- 1971 7
- 1970 7
- 1969 9
- 1968 3
- 1967 4
- 1966 7
- 1965 5
- 1964 7
- 1963 2
- 1962 1
- 1961 5
- 1960 1
- 1959 3
- 1958 4
- 1957 1
- 1956 2
- 1955 5
- 1954 2
- 1953 2
- 1952 3
- 1951 2
- 1950 4
- 1949 4
- 1948 3
- 1947 5
- 1946 1
- 1945 1
- 1944 2
- 1943 5
- 1942 20
- 1941 15
- 1940 43
- 1939 60
- 1938 74
- 1937 75
- 1936 69
- 1935 25
- 1934 9
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.