Data / Bank failures / District of Columbia
Bank failures in District of Columbia: 5 banks since 1981
5 banks in District of Columbia failed between 1981 and 1993, holding $2.19 billion in assets and $1.74 billion in deposits. The FDIC estimates the cost to its insurance fund at $308.7 million. The FDIC also assisted 3 open banks without closing them. The largest: The National Bank of Washington ($1.65 billion), Madison National Bank ($473.8 million), Metropolitan Bank, N.A. ($27.1 million). By decade: 1980s 3, 1990s 5.
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| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| City National Bank of Washington | Washington | June 25, 1993 | $24 million | $22.7 million | $1 million | Crestar Bank National As |
| Metropolitan Bank, N.A. | Washington | May 1, 1992 | $27.1 million | $27.1 million | $2.2 million | Adams National Bank |
| Theodore Roosevelt National Bank | Washington | March 26, 1992 | $13.8 million | $13.6 million | $3.4 million | Industrial Bank of Wa |
| Madison National Bank | Washington | May 10, 1991 | $473.8 million | $404.2 million | $77.8 million | Signet Bank, National Assoc |
| The National Bank of Washington | Washington | August 10, 1990 | $1.65 billion | $1.27 billion | $224.3 million | The Riggs National Bank of |
| National Permanent Bank FSB (assistance) | Washington | August 1, 1986 | $1.03 billion | $739 million | $52.9 million | National Permanent Bank FSB |
| Capital City FS&LA (assistance) | Washington | May 2, 1985 | $361.2 million | $298 million | $27.1 million | Northern Virginia S&LA A FA |
| Community FS&LA (assistance) | Washington | June 21, 1981 | $22.9 million | $21.1 million | $2.5 million | Independence FS&LA |
Other states
- Alabama 39
- Alaska 13
- Arizona 44
- Arkansas 45
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- Colorado 103
- Connecticut 48
- Delaware 4
- Florida 199
- Georgia 135
- Guam 1
- Hawaii 6
- Idaho 8
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- Indiana 52
- Iowa 83
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- Louisiana 167
- Maine 6
- Maryland 36
- Massachusetts 59
- Michigan 46
- Minnesota 81
- Mississippi 38
- Missouri 136
- Montana 19
- Nebraska 54
- Nevada 17
- New Hampshire 20
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- Ohio 61
- Oklahoma 183
- Oregon 38
- Pennsylvania 73
- Puerto Rico 17
- Rhode Island 7
- South Carolina 23
- South Dakota 44
- Tennessee 80
- Texas 911
- U.S. Virgin Islands 1
- Utah 30
- Vermont 5
- Virginia 54
- Washington 38
- West Virginia 19
- Wisconsin 51
- Wyoming 29
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.