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Data / Bank failures / 1982 / Carroll County Bank

Carroll County Bank, Huntington, TN: failed April 30, 1982

Carroll County Bank in Huntington, Tennessee, failed on April 30, 1982. It held $8.7 million in assets and $8.3 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $2.1 million (24% of its assets). By assets it was the 111th largest of 119 banks closed or assisted in 1982.

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The FDIC's record

Closed
April 30, 1982
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$8,739,000
Total deposits
$8,292,000
Estimated cost to the FDIC
$2,094,888 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC
FDIC certificate
21569

The FDIC record

Other bank failures in Tennessee, 1980 to 1984

BankCityClosedAssetsDepositsEstimated costAcquirer
The Dayton BK & TR Co.DaytonNovember 30, 1984$51.4 million$50 million$6.3 millionFirst National BANK&TRUS
East Tennessee (assistance)KnoxvilleNovember 16, 1984$21.9 million$15 million$5.1 millionCharter FS&LA
Savannah FS&LASavannahNovember 16, 1984$19.3 million$14.5 million$9.7 millionCharter FS&LA
John Sevier S&LA (assistance)SeviervilleNovember 16, 1984$35.8 million$34.2 million$14.9 millionCharter FS&LA
American S&LA (assistance)KnoxvilleNovember 16, 1984$64.8 million$59.7 million$9.9 millionCharter FS&LA
Knox FS&LA (assistance)KnoxvilleNovember 16, 1984$154.7 million$141.6 million$30.4 millionCharter FS&LA
Oneida BK & TR Co.OneidaOctober 12, 1984$6.3 million$5.4 million$3 millionEnergy Bank
Coalmont Savings BankCoalmontJuly 24, 1984$25.7 million$24 million$7.8 millionFirst Bank of Marion Cou

All bank failures in 1982 · All bank failures in Tennessee · 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.