Data / Bank failures / Tennessee
Bank failures in Tennessee: 70 banks since 1936
70 banks in Tennessee failed between 1936 and 2016, holding $6.21 billion in assets and $5.71 billion in deposits. The FDIC estimates the cost to its insurance fund at $1.37 billion. The FDIC also assisted 10 open banks without closing them. The largest: Tennessee Commerce Bank ($1.01 billion), Metropolitan FS & La ($985.1 million), Mountain National Bank ($437.3 million). By decade: 1930s 12, 1970s 2, 1980s 52, 1990s 7, 2000s 1, 2010s 6.
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| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Trust Company Bank | Memphis | April 29, 2016 | $19 million | $20.1 million | $10.4 million | The Bank of Fayette County |
| Community South Bank | Parsons | August 23, 2013 | $386.9 million | $377.7 million | $129.7 million | CB&S Bank, Inc. |
| Mountain National Bank | Sevierville | June 7, 2013 | $437.3 million | $373.4 million | $33.3 million | First Tennessee Bank, National Association |
| The Farmers Bank of Lynchburg | Lynchburg | June 15, 2012 | $163.9 million | $156.4 million | $33.1 million | Clayton Bank and Trust |
| Tennessee Commerce Bank | Franklin | January 27, 2012 | $1.01 billion | $1.04 billion | $351.8 million | Republic Bank & Trust Company |
| Bankeast | Knoxville | January 27, 2012 | $261.9 million | $259.6 million | $74.1 million | U.S. Bank National Association |
| Bank of Alamo | Alamo | November 8, 2002 | $58.5 million | $52.2 million | $9.3 million | |
| Cherokee Valley Fsa | Cleveland | June 12, 1992 | $142.5 million | $124.4 million | $347 | |
| Metropolitan FS & La | Nashville | April 19, 1991 | $985.1 million | $811.8 million | $112.2 million | Union Planters NB |
| First Fsa of Waynesboro | Waynesboro | February 8, 1991 | $18.2 million | $18.1 million | $2.1 million | Wayne County Bank |
| George Washington Fsa | Jonesborough | February 1, 1991 | $14.6 million | $13.3 million | $1.3 million | Home FS&LA of Upper E. TN |
| First National Bank of Jackson | Jackson | October 25, 1990 | $73.7 million | $69.9 million | $5.2 million | First Tennessee Bank, Natio |
| Tennessee Federal Savings Bank | Cookeville | August 3, 1990 | $40 million | $36 million | $10.9 million | Peoples B&T of Cumberlands |
| Investors Savings Bank | Nashville | March 9, 1990 | $81.1 million | $65.8 million | $16.1 million | Amsouth Bank of TN |
| Home Federal S & L Assoc. | Memphis | July 20, 1989 | $204.3 million | $164.3 million | $20 million | First Commercial BK at Memp |
| Germantown Trust Savings | Germantown | March 9, 1989 | $135.9 million | $105.9 million | $38.2 million | NB of Commerce |
| Lincoln FS & La | MT. Carmel | March 9, 1989 | $72.2 million | $64.9 million | $19.2 million | Executive Park NB |
| United Guaranty Fed. Savings Bank | Tullahoma | March 9, 1989 | $11.5 million | $13.1 million | $2.7 million | Franklin County Bank |
| Century Federal Savings Bank | Trenton | March 9, 1989 | $73.9 million | $75.1 million | $15.3 million | Security Bank |
| First Valley S&LA | Pikeville | February 24, 1989 | $11.9 million | $12.9 million | $5.1 million | |
| Commerce FSB (assistance) | Knoxville | August 26, 1988 | $40.1 million | $50.8 million | $21.2 million | Security Trust FS&LA |
| Frontier Federal Savings Bank (assistance) | Dyersburg | June 6, 1988 | $43.7 million | $42.5 million | $11 million | Security First FSB |
| Valley Federal Savings and Loan (assistance) | Erwin | April 12, 1988 | $80.5 million | $90.3 million | $7.2 million | Home FS&LA of Upper East TN |
| Bank of Commerce (assistance) | Morristown | November 26, 1986 | $66.6 million | $64.7 million | $11.3 million | Bankof East Tennessee |
| Farmer's Bank | Trimble | July 18, 1986 | $21.4 million | $20.2 million | $7.4 million | First Tennessee Bank NA |
| Union County Bank | Maynardville | April 22, 1986 | $32.9 million | $30.4 million | $3.5 million | Commercial BK Claiborne |
| Security Trust S&LA (assistance) | Oakridge | October 28, 1985 | $28.8 million | $27.2 million | $10.4 million | Security SLA |
| First Security Bank of Dickson | Dickson | September 12, 1985 | $14.8 million | $14.3 million | $1.8 million | Peoples Bank |
| The Bank of Loretto | Loretto | September 4, 1985 | $25.6 million | $24.8 million | $3.9 million | First FARMERS&MERCHANTS |
| First Bank & Trust | Tracy City | June 28, 1985 | $21.1 million | $19.7 million | $2.9 million | First NB of Shelbyville |
| Magnolia FS&LA | Knoxville | June 7, 1985 | $4.8 million | $3.6 million | $1.5 million | |
| Community FS&LA | Nashville | June 7, 1985 | $22.7 million | $18.8 million | $3.6 million | |
| Peoples Bank & Trust Co. | Wartburg | February 8, 1985 | $24.4 million | $23.1 million | $6.3 million | Citizens BANK&TRUST Co |
| Citizens Fidelity Bank | Bristol | February 1, 1985 | $18.2 million | $17.6 million | $4.1 million | Energy Bank |
| The Dayton BK & TR Co. | Dayton | November 30, 1984 | $51.4 million | $50 million | $6.3 million | First National BANK&TRUS |
| East Tennessee (assistance) | Knoxville | November 16, 1984 | $21.9 million | $15 million | $5.1 million | Charter FS&LA |
| Savannah FS&LA | Savannah | November 16, 1984 | $19.3 million | $14.5 million | $9.7 million | Charter FS&LA |
| John Sevier S&LA (assistance) | Sevierville | November 16, 1984 | $35.8 million | $34.2 million | $14.9 million | Charter FS&LA |
| American S&LA (assistance) | Knoxville | November 16, 1984 | $64.8 million | $59.7 million | $9.9 million | Charter FS&LA |
| Knox FS&LA (assistance) | Knoxville | November 16, 1984 | $154.7 million | $141.6 million | $30.4 million | Charter FS&LA |
| Oneida BK & TR Co. | Oneida | October 12, 1984 | $6.3 million | $5.4 million | $3 million | Energy Bank |
| Coalmont Savings Bank | Coalmont | July 24, 1984 | $25.7 million | $24 million | $7.8 million | First Bank of Marion Cou |
| American Bank | Saint Joseph | June 27, 1984 | $33 million | $29.8 million | $13.3 million | COMMERCIAL&INDUSTRIAL Ba |
| The Lawrence County Bank | Lawrenceburg | June 15, 1984 | $25.2 million | $24.5 million | $6.5 million | Farmers BK of Lawrence C |
| Bledsoe County Bank | Pikeville | May 18, 1984 | $5.3 million | $5.4 million | $2.1 million | Citizens Bank of Dunlap |
| Citizens BK of Monroe County | Telico Plains | April 27, 1984 | $21.1 million | $20.6 million | $6.4 million | Bank of Oak Ridge |
| Watauga Valley Bank | Elizabethton | April 6, 1984 | $15.4 million | $14.9 million | $4.8 million | Carter Cnty BK Elizabeth |
| First Security Bank | Erwin | April 6, 1984 | $22.5 million | $21.3 million | $6.5 million | Bank of Tennessee |
| City & County BK of Jefferson CT | White Pine | January 20, 1984 | $21.7 million | $22.8 million | $4.5 million | MERCHANTS&PLANTERS Bank |
| Farmers BK & TR Co. | Winchester | January 6, 1984 | $48.6 million | $48.3 million | $8.1 million | Mid-South BANK&TRUST Co |
| Warren County Bank | McMinniville | September 16, 1983 | $19.6 million | $18.7 million | $8.8 million | Murfreesboro BANK&TRUST |
| United Southern Bank of Clarksville | Clarksville | August 26, 1983 | $9.9 million | $11.5 million | $6 million | First American NB Nashvi |
| First Commerce BK of Hawkins Cty | Rogersville | August 12, 1983 | $43.1 million | $44.9 million | $16.8 million | Hamilton Bank of Johnson |
| First Peoples Bank of Washington County | Johnson City | July 29, 1983 | $177.8 million | $175 million | $72.5 million | First Amn Natl Bank-East |
| The First Central Bank | Smithville | July 8, 1983 | $18.9 million | $17.9 million | $5.5 million | City BANK&TRUST Co |
| United Southern BK of Nashville | Nashville | May 27, 1983 | $144.2 million | $135.7 million | $37.8 million | Union Planters NB of Mem |
| City & County BK of Knox County | Knoxville | May 27, 1983 | $262.5 million | $250 million | $114.4 million | Bank of Knoxville |
| United American Bank in Hamilton County | Chattanooga | May 27, 1983 | $133.8 million | $125.2 million | $19.1 million | Union Planters NB of Mem |
| City & County BK of Anderson Cty | Lake City | May 27, 1983 | $142.9 million | $133.9 million | $59.4 million | Third NB in Anderson Cou |
| City & County BK of Roane Cty | Kingston | May 27, 1983 | $42.2 million | $40.4 million | $13.1 million | Bank of Oak Ridge |
| Smith County Bank | Carthage | May 6, 1983 | $33 million | $30.9 million | $4.7 million | Murfreesboro BANK&TRUST |
| United American BK in Knoxville (assistance) | Knoxville | February 14, 1983 | $760.5 million | $590.9 million | $266.4 million | First TN Bank Knoxville |
| Hohenwald National Bank | Hohenwald | September 3, 1982 | $27.1 million | $24.3 million | $980,550 | |
| Carroll County Bank | Huntington | April 30, 1982 | $8.7 million | $8.3 million | $2.1 million | |
| Bank of Yorkville | Yorkville | February 20, 1982 | $7.1 million | $6.4 million | $1.4 million | First-Citizens NB Dyersb |
| City & County BK of Campbell Cty | Jellico | June 28, 1980 | $39.8 million | $36 million | $8.1 million | CITY&COUNTY BK Anderson |
| Bank of Enville | Enville | June 16, 1979 | $3.5 million | $3.1 million | ||
| The Hamilton National Bank of Chattanooga | Chattanooga | February 16, 1976 | $412.1 million | $336.3 million | ||
| Maynardville State Bank | Maynardville | December 11, 1939 | $218,000 | $186,000 | ||
| Ripley Savings Bank & Trust Company | Ripley | April 28, 1939 | $794,000 | $739,000 | ||
| Home Bank & Trust Company | Winchester | August 19, 1938 | $401,000 | $278,000 | ||
| Bethel Springs Bank | Bethel Springs | July 22, 1938 | $39,000 | |||
| Peoples Bank & Trust Company | Sparta | February 10, 1938 | $123,000 | |||
| Farmers & Merchants Bank | Newbern | July 17, 1937 | $264,000 | $189,000 | ||
| Robbins Bank & Trust Company | Robbins | April 15, 1937 | $29,000 | |||
| Cross Plains Bank | Cross Plains | April 10, 1936 | $50,000 | $32,000 | ||
| Clifton State Bank | Clifton | March 27, 1936 | $30,000 | $22,000 | ||
| Donelson Bank & Trust Co. | Donelson | March 25, 1936 | $131,000 | |||
| Farmers & Merchants Bank | Adams | February 1, 1936 | $14,000 | $5,000 | ||
| Citizens Bank of Erwin | Erwin | January 10, 1936 | $159,000 | $95,000 |
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
- Indiana 52
- 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
- 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.