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Data / Bank failures / Community FS&LA

Failed banks taken over by Community FS&LA: 4

Community FS&LA took over 4 failed banks between February 28, 1983 and August 31, 1988, holding $1.30 billion in assets and $1.11 billion in deposits. The FDIC estimates the cost to its insurance fund at $196.7 million. The largest: Carondelet S&LA Also Case 115 ($740.6 million), Midamerica FS&LA ($482.5 million), First FS&LA of Moberly ($38.7 million).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
First Oklahoma Savings Bank (assistance)TulsaOKAugust 31, 1988$37.3 million$44.4 million$25.2 millionCommunity FS&LA
Midamerica FS&LA (assistance)TulsaOKAugust 31, 1988$482.5 million$391.6 million$117.9 millionCommunity FS&LA
Carondelet S&LA Also Case 115 (assistance)ST. LouisMOFebruary 28, 1983$740.6 million$645.6 million$51.3 millionCommunity FS&LA
First FS&LA of Moberly (assistance)MoberlyMOFebruary 28, 1983$38.7 million$30 million$2.3 millionCommunity FS&LA

Other acquiring banks

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.