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Data / Bank failures / 1990 / Corinth Deposit National Bank

Corinth Deposit National Bank, Corinth, KY: failed April 19, 1990

Corinth Deposit National Bank in Corinth, Kentucky, failed on April 19, 1990. The National Bank of Corint of Corinth, KY, took over its deposits. It held $8.7 million in assets and $8.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $401,514 (4.6% of its assets). By assets it was the 372nd largest of 382 banks closed or assisted in 1990.

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The FDIC's record

Closed
April 19, 1990
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
The National Bank of Corint, Corinth, KY
Total assets
$8,744,000
Total deposits
$8,652,000
Estimated cost to the FDIC
$401,514 (estimate as of July 31, 2026)
Charter
National bank (supervised by the OCC)
Insurance fund
BIF
FDIC certificate
15051

The FDIC record

Other bank failures in Kentucky, 1988 to 1992

BankCityClosedAssetsDepositsEstimated costAcquirer
United FSBPrestonsburgAugust 30, 1991$39.9 million$39.3 millionPikeville NB&TC
Future Federal Savings BankLouisvilleAugust 30, 1991$422.3 million$408.9 million$29.1 millionCitizens Fidelity B&T
Henderson Home S & LaHendersonFebruary 2, 1990$50.4 million$49.8 million$2.2 millionFarmers B&TC
First FS&LA of Mayfield (assistance)MayfieldOctober 12, 1988$51.5 million$72.8 million$22.1 millionRepublic Savings Bank FSB
Larue FS&LAHodgenvilleJune 3, 1988$12 million$16.2 million$4 million
Morehead National Bank (assistance)MoreheadMarch 15, 1988$7.6 million$7.9 million$974,179Morehead National Bank
First FS&LA of PaducahPaducahMarch 11, 1988$130.9 million$149.1 million$31.8 million

All bank failures in 1990 · All bank failures in Kentucky · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.