Data / Bank failures / 1986 / Bank of Columbia Falls
Bank of Columbia Falls, Columbia Falls, MT: failed May 30, 1986
Bank of Columbia Falls in Columbia Falls, Montana, failed on May 30, 1986. First Citizens Bank NA of Columbia Falls, MT, took over its deposits. It held $41.5 million in assets and $39.2 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $18.4 million (44.4% of its assets). By assets it was the 91st largest of 204 banks closed or assisted in 1986.
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The FDIC's record
- Closed
- May 30, 1986
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- First Citizens Bank NA, Columbia Falls, MT
- Total assets
- $41,470,000
- Total deposits
- $39,228,000
- Estimated cost to the FDIC
- $18,393,353 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 8315
Other bank failures in Montana, 1984 to 1988
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Great Falls FS&LA (assistance) | Great Falls | December 30, 1988 | $128 million | $72.7 million | $10.7 million | Western FS&LA of Montana |
| The Village Bank | Great Falls | April 22, 1988 | $21.7 million | $19.5 million | $894,551 | Village Bank of Great FA |
| Valley Bank of Belgrade (assistance) | Belgrade | July 31, 1987 | $18.6 million | $16.4 million | $3 million | Valley Bank of Belgrade |
| United Bank | Libby | May 14, 1987 | $15.4 million | $14.4 million | $1.7 million | First National Bank in L |
| Deer Lodge Bank & Trust Company | Deer Lodge | April 9, 1987 | $15.2 million | $14.1 million | $3 million | Peoples BK of Deer Lodge |
| Clarks Fork National Bank | Fromberg | March 19, 1987 | $8.4 million | $8.2 million | $1.2 million | Yellowstone Bank |
| Montana S&LA | Kalispell | August 16, 1985 | $26.9 million | $30.4 million | $12.9 million |
All bank failures in 1986 · All bank failures in Montana · 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.