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Data / Bank failures / 1983 / Western Nat BK of Lovell

Western Nat BK of Lovell, Lovell, WY: failed June 24, 1983

Western Nat BK of Lovell in Lovell, Wyoming, failed on June 24, 1983. It held $24.8 million in assets and $23.3 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $363,154 (1.5% of its assets). By assets it was the 74th largest of 99 banks closed or assisted in 1983.

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The FDIC's record

Closed
June 24, 1983
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$24,804,000
Total deposits
$23,281,000
Estimated cost to the FDIC
$363,154 (estimate as of July 31, 2026)
Charter
National bank (supervised by the OCC)
Insurance fund
FDIC
FDIC certificate
19261

The FDIC record

Other bank failures in Wyoming, 1981 to 1985

BankCityClosedAssetsDepositsEstimated costAcquirer
Yellowstone State BankLanderNovember 1, 1985$18.7 million$20.8 million$12.3 million
Saratoga State BankSaratogaOctober 11, 1985$18.5 million$16.3 million$4.3 millionFirst Wyoming Bank Sarat
First National Bank of GlenrockGlenrockJuly 23, 1985$18.7 million$16.5 million$4.5 millionNational Bank of Glenroc
American National Bank of RivertonRivertonJune 11, 1985$37.9 million$39.6 million$10.6 millionFirst Wy Bank NA Riverto
Citizens State BankEdgertonJanuary 4, 1985$2.9 million$2.6 million$1.2 million
State Bank of MillsMillsMay 4, 1984$7.2 million$6.4 million$2.9 millionMountain Plaza National
Western National BK of CasperCasperMay 4, 1984$27.4 million$23.3 million$10 millionWyoming NB of West Caspe

All bank failures in 1983 · All bank failures in Wyoming · 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.