Data / Bank failures / Indiana
Bank failures in Indiana: 39 banks since 1934
39 banks in Indiana failed between 1934 and 2026, holding $5.84 billion in assets and $4.97 billion in deposits. The FDIC estimates the cost to its insurance fund at $921.6 million. The FDIC also assisted 13 open banks without closing them. The largest: Irwin Union Bank and Trust Company ($2.84 billion), Integra Bank National Association ($1.99 billion), First Federal S & L /central Indiana ($192.4 million). By decade: 1930s 15, 1940s 5, 1980s 24, 1990s 4, 2000s 1, 2010s 2, 2020s 1.
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| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Kentland FS&LA | Kentland | July 10, 2026 | $3.8 million | $3.7 million | $1.2 million | Kentland Bank |
| SCB Bank | Shelbyville | February 10, 2012 | $182.6 million | $171.4 million | $38.3 million | First Merchants Bank, National Association |
| Integra Bank National Association | Evansville | July 29, 2011 | $1.99 billion | $1.69 billion | $26.2 million | Old National Bank |
| Irwin Union Bank and Trust Company | Columbus | September 18, 2009 | $2.84 billion | $2.25 billion | $756 million | First Financial Bank, N.A. |
| The Rushville National Bank | Rushville | December 18, 1992 | $41.6 million | $39.7 million | $6 million | Peoples Trust Co |
| Worthington State Bank | Worthington | November 14, 1991 | $36.6 million | $34.2 million | $1.4 million | First Farmers State Bank |
| First Commerce SB, FSB | Lowell | June 14, 1991 | $10.9 million | $10.5 million | $1.4 million | Centier Bank |
| Hometown Savings Bank FSB | Delphi | June 8, 1990 | $64.7 million | $58.7 million | $8.1 million | |
| First Federal S & L /central Indiana | Anderson | November 16, 1989 | $192.4 million | $176.7 million | $15.1 million | Shelby FSB |
| Pioneer Savings FA | Plymouth | July 13, 1989 | $81 million | $92.3 million | $1.2 million | Ameritrust NB |
| Capital FS&LA (assistance) | Gary | October 12, 1988 | $51.4 million | $55.7 million | $6.5 million | First FSB of Indiana |
| First FSB of Indiana (assistance) | Merrillville | October 12, 1988 | $271.5 million | $287 million | $22.5 million | First FSB of Indiana |
| Liberty Bank & Trust Company | Warsaw | October 3, 1988 | $48.7 million | $45.8 million | $7.8 million | Trustcorp Bank Goshen |
| Citizens FS&LA of New Castle (assistance) | New Castle | September 30, 1988 | $51.9 million | $57 million | $5.3 million | Ameriana Savings Bank FSB |
| United Sa of Central Indiana (assistance) | Tipton | September 1, 1988 | $57.3 million | $65.1 million | $6.9 million | First Federal Bank A FSB |
| Frankton FS&LA (assistance) | Frankton | September 1, 1988 | $30.6 million | $33.1 million | $3 million | Union FSB of Frankton |
| Arsenal Sa (assistance) | Indianapolis | September 1, 1988 | $158.3 million | $178.7 million | $44.8 million | Union FSB of Indianapolis |
| American FS&LA | Anderson | April 29, 1988 | $145.8 million | $194.5 million | $41.5 million | |
| The Citizens State Bank | Brownstown | April 10, 1987 | $29 million | $27.7 million | $1.3 million | Monroe County Bank |
| Morocco State Bank | Morocco | March 20, 1987 | $16.3 million | $15.8 million | $1.7 million | De Motte State Bank |
| The Farmers National Bank of Remington | Remington | January 29, 1987 | $34.7 million | $33.5 million | $7.8 million | Lafayette National Bank |
| Industrial National Bank of East Chicago | East Chicago | April 3, 1986 | $8.4 million | $8.1 million | $1.2 million | Mercantile NB of Indiana |
| Allen County Bank and Trust Company | Leo | November 22, 1985 | $10.9 million | $10.5 million | Indiana National Bank | |
| Union FS&LA (assistance) | Indianapolis | September 7, 1984 | $309.3 million | $285.9 million | $26.8 million | Union FS&LA |
| Peoples State Bank of Clay County | Poland | August 10, 1984 | $17.7 million | $17.1 million | $5.1 million | First State Bank |
| The Shelby Nat BK of Shelbyville | Shelbyville | April 19, 1984 | $67.8 million | $65.5 million | $378,072 | American Fletcher NB&T C |
| FT. Wayne FS&LA (assistance) | Fort Wayne | November 14, 1983 | $37 million | $31 million | $2.2 million | Standard FS&LA |
| American FS&LA (assistance) | Fort Wayne | November 14, 1983 | $55.4 million | $46.4 million | $3.4 million | Standard FS&LA |
| South Bend FS&LA (assistance) | South Bend | November 14, 1983 | $71.4 million | $71.5 million | $4.7 million | Standard FS&LA |
| First FS&LA of FT. Wayne (assistance) | Fort Wayne | November 14, 1983 | $298.1 million | $267.2 million | $17.3 million | Standard FS&LA |
| Gary FS&LA (assistance) | Gary | August 31, 1983 | $15.2 million | $15.7 million | $1.1 million | Citizens FS&LA |
| 1ST FS&LA of E. Chicago (assistance) | East Chicago | August 31, 1983 | $209.5 million | $211.1 million | $12.1 million | Citizens FS&LA |
| Farmers & Merchants State Bank | Spencerville | October 8, 1949 | $354,000 | $437,000 | ||
| The First National Bank of Dyer | Dyer | February 19, 1949 | $3.2 million | $3.1 million | ||
| The Brownville State Bank | Brownsville | May 12, 1944 | $447,000 | $405,000 | ||
| The Lucerne State Bank | Lucerne | June 22, 1940 | $195,000 | $166,000 | ||
| Mackey State Bank | Mackey | May 9, 1940 | $40,000 | $25,000 | ||
| The Fulton State Bank | Fulton | March 18, 1939 | $168,000 | $137,000 | ||
| The ST. Joseph Loan & Trust Company | South Bend | February 16, 1939 | $3.2 million | |||
| ST. Joseph County Savings Bank | South Bend | February 16, 1939 | $1.6 million | |||
| The Borden State Bank | Borden | March 18, 1938 | $165,000 | $135,000 | ||
| Commercial Bank & Trust Company | Union City | November 4, 1937 | $853,000 | $733,000 | ||
| Michigan City Trust & Savings Bank | Michigan City | July 20, 1937 | $983,000 | |||
| The Romney Bank | Romney | June 15, 1937 | $64,000 | $56,000 | ||
| The Union State Bank | Crothersville | December 7, 1936 | $248,000 | $207,000 | ||
| Scottsburg State Bank | Scottsburg | December 5, 1936 | $563,000 | $491,000 | ||
| Citizens State Bank | Palmyra | December 5, 1936 | $350,000 | $297,000 | ||
| Cumberland Bank | Cumberland | August 14, 1936 | $87,000 | $71,000 | ||
| Holton State Bank | Holton | May 28, 1936 | $204,000 | $171,000 | ||
| The Earl Park State Bank | Earl Park | March 28, 1936 | $181,000 | $134,000 | ||
| Columbia State Bank | Columbia City | February 18, 1936 | $906,000 | $775,000 | ||
| Florence Deposit Bank | Florence | July 18, 1934 | $105,000 | $69,000 |
Other states
- Alabama 39
- Alaska 13
- Arizona 44
- Arkansas 45
- California 265
- Colorado 103
- Connecticut 48
- Delaware 4
- District of Columbia 8
- Florida 199
- Georgia 135
- Guam 1
- Hawaii 6
- Idaho 8
- Illinois 229
- Iowa 83
- Kansas 124
- Kentucky 47
- 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
- New Jersey 112
- New Mexico 32
- New York 104
- North Carolina 30
- North Dakota 43
- 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.