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Data / Bank failures / 1987 / American National Bank of Evanston

American National Bank of Evanston, Evanston, WY: failed August 20, 1987

American National Bank of Evanston in Evanston, Wyoming, failed on August 20, 1987. Pioneer Bank of Evanston of Evanston, WY, took over its deposits. It held $9.1 million in assets and $8.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $4 million (44.5% of its assets). By assets it was the 224th largest of 262 banks closed or assisted in 1987.

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The FDIC's record

Closed
August 20, 1987
Type
Failure
How it was resolved
Insured deposit transfer: the insured deposits moved to another bank
Acquirer
Pioneer Bank of Evanston, Evanston, WY
Total assets
$9,092,000
Total deposits
$8,892,000
Estimated cost to the FDIC
$4,043,010 (estimate as of July 31, 2026)
Charter
National bank (supervised by the OCC)
Insurance fund
FDIC
FDIC certificate
25742

The FDIC record

Other bank failures in Wyoming, 1985 to 1989

BankCityClosedAssetsDepositsEstimated costAcquirer
First Federal Savings BankDiamondvilleNovember 30, 1989$13.4 million$11.5 million$7.7 million
United SB of Wyoming (assistance)CheynneDecember 16, 1988$220.5 million$275.5 million$120.6 millionRocky Mountain FS&LA
Rocky Mountain FS&LA (assistance)CheynneDecember 16, 1988$307.2 million$268.1 million$102.6 millionRocky Mountain FSB
Bank of CasperCasperJanuary 22, 1988$6.1 million$5.8 million$1.1 millionFirst Wyoming Bank Caspe
First State Bank at ShoshoniShoshoniDecember 18, 1987$4.6 million$4.1 million$1.1 millionFirst STB of Thermopolis
American National Bank of AftonAftonOctober 15, 1987$11.4 million$11.2 million$2.2 millionStar Valley State Bank
Stockmen's Bank & Trust CompanyGilletteSeptember 18, 1987$117.4 million$111.9 million$41.1 millionFirst Interstate BK Gill
Guaranty Federal Bank FSBCasperDecember 12, 1986$63.8 million$73.5 million$18.9 million

All bank failures in 1987 · All bank failures in Wyoming · 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.