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Data / Bank failures / 1979 / Livingston State Bank

Livingston State Bank, Livingston, NJ: failed October 12, 1979

Livingston State Bank in Livingston, New Jersey, failed on October 12, 1979. It held $12.7 million in assets and $11 million in deposits at its last report. By assets it was the 4th largest of 10 banks closed or assisted in 1979.

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The FDIC's record

Closed
October 12, 1979
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total assets
$12,681,000
Total deposits
$11,021,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC
FDIC certificate
21816

The FDIC record

Other bank failures in New Jersey, 1977 to 1981

BankCityClosedAssetsDepositsEstimated costAcquirer
Mohawk S&LA (assistance)NewarkDecember 9, 1981$91.1 million$76.3 million$4.7 millionCity FS&LA
Continental S&LA (assistance)Gloucester CityMay 1, 1980$74.9 million$58.5 millionCollective FS&LA

All bank failures in 1979 · All bank failures in New Jersey · 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.