Data / Bank failures / 1982 / The First National BK in Humbold
The First National BK in Humbold, Humboldt, IA: failed April 2, 1982
The First National BK in Humbold in Humboldt, Iowa, failed on April 2, 1982. Hawkeye BANK&TRUST of Humboldt, IA, took over its deposits. It held $55.4 million in assets and $47.4 million in deposits at its last report. By assets it was the 63rd largest of 119 banks closed or assisted in 1982.
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The FDIC's record
- Closed
- April 2, 1982
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Hawkeye BANK&TRUST, Humboldt, IA
- Total assets
- $55,412,000
- Total deposits
- $47,398,000
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
- FDIC certificate
- 4467
Other bank failures in Iowa, 1980 to 1984
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Oakland Savings Bank | Oakland | September 7, 1984 | $22.1 million | $19.9 million | $6.6 million | Oakland State Bank |
| The Tingley State Savings Bank | Mount Ayr | August 10, 1984 | $19.4 million | $18.5 million | $6.3 million | Hawkeye BANK&TRUST |
| The Farmers Nat BK of Aurelia | Aurelia | June 21, 1984 | $19.9 million | $19.1 million | $2 million | Heritage Bank National A |
| Scandia S&LA (assistance) | Des Moines | April 1, 1984 | $65.2 million | $65.9 million | $3.4 million | First Financial S&LA |
| Mutual FS&LA of Mason City (assistance) | Mason City | July 1, 1983 | $118.8 million | $103.7 million | $6.8 million | American FS&LA |
| Mount Pleasant BK & TR Company | Mount Pleasant | August 6, 1982 | $29.4 million | $26.2 million | $32 | Hawkeye BANK&TRUST |
| Sioux City FS&LA (assistance) | Sioux City | November 1, 1980 | $25.4 million | $18.1 million | United FSB of Iowa | |
| Security S&LA (assistance) | Marion | September 1, 1980 | $54.6 million | $44.3 million | $2 million | Midland Financial S&LA |
Other failed banks Hawkeye BANK&TRUST took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| The Tingley State Savings Bank | Mount Ayr | IA | August 10, 1984 | $19.4 million | $18.5 million | $6.3 million | Hawkeye BANK&TRUST |
| Mount Pleasant BK & TR Company | Mount Pleasant | IA | August 6, 1982 | $29.4 million | $26.2 million | $32 | Hawkeye BANK&TRUST |
All bank failures in 1982 · All bank failures in Iowa · Every failed bank Hawkeye BANK&TRUST took over · 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.