Data / Bank failures / 1986 / Continental National Bank of Kentucky
Continental National Bank of Kentucky, Louisville, KY: failed June 26, 1986
Continental National Bank of Kentucky in Louisville, Kentucky, failed on June 26, 1986. River City Bank Inc of Louisville, KY, took over its deposits. It held $10.1 million in assets and $10.2 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $405,098 (4% of its assets). By assets it was the 176th largest of 204 banks closed or assisted in 1986.
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The FDIC's record
- Closed
- June 26, 1986
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- River City Bank Inc, Louisville, KY
- Total assets
- $10,088,000
- Total deposits
- $10,188,000
- Estimated cost to the FDIC
- $405,098 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
- FDIC certificate
- 22275
Other bank failures in Kentucky, 1984 to 1988
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First FS&LA of Mayfield (assistance) | Mayfield | October 12, 1988 | $51.5 million | $72.8 million | $22.1 million | Republic Savings Bank FSB |
| Larue FS&LA | Hodgenville | June 3, 1988 | $12 million | $16.2 million | $4 million | |
| Morehead National Bank (assistance) | Morehead | March 15, 1988 | $7.6 million | $7.9 million | $974,179 | Morehead National Bank |
| First FS&LA of Paducah | Paducah | March 11, 1988 | $130.9 million | $149.1 million | $31.8 million | |
| The Peoples Bank | Olive Hill | December 3, 1987 | $40.9 million | $39.5 million | $7.6 million | Commercial Bank of Grays |
| Lincoln FS&LA (assistance) | Louisville | December 31, 1986 | $460.8 million | $478.3 million | $93 million | First Nationwide SVG FS&LA |
| Union Deposit Bank | Union | June 26, 1986 | $5.8 million | $5 million | $1.3 million | Central Trust Co |
| Home FS&LA (assistance) | Paducah | December 2, 1985 | $106.7 million | $106.1 million | $21.2 million | Republic Savings, FSB |
All bank failures in 1986 · All bank failures in Kentucky · 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.