Data / Bank failures / 1976
US bank failures in 1976: 16 banks closed
16 banks failed in 1976, holding $1.04 billion in assets and $865.1 million in deposits. The FDIC estimates the cost to its insurance fund at $0. The FDIC also assisted 1 open bank without closing it. The largest: The Hamilton National Bank of Chattanooga ($412.1 million), American Bank & Trust Company ($224.5 million), International City Bank and Trust Company ($176.3 million). Most by state: TX 4, CO 2, NJ 2, LA 1, PA 1.
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Every failure, newest first
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| International City Bank and Trust Company | New Orleans | LA | December 3, 1976 | $176.3 million | $161.6 million | ||
| First State Bank & Trust Co. | Rio Grande City | TX | November 19, 1976 | $13.8 million | $12.1 million | ||
| Centennial Bank | Philadelphia | PA | October 19, 1976 | $13.7 million | $12.3 million | ||
| The Hamilton Bank and Trust Company | Atlanta | GA | October 8, 1976 | $40.1 million | $32 million | ||
| American Bank & Trust Company | New York | NY | September 15, 1976 | $224.5 million | $165.1 million | ||
| The New Boston Bank and Trust Company | Boston | MA | September 14, 1976 | $6.7 million | $5.3 million | ||
| Citizens State Bank | Carrizo Springs | TX | June 28, 1976 | $17.4 million | $15.9 million | ||
| Coronado National Bank | Denver | CO | June 25, 1976 | $2.6 million | $2.6 million | ||
| MT. Zion Deposit Bank | MT. Zion | KY | June 25, 1976 | $507,000 | $555,000 | ||
| First State Bank of Hudson County | Jersey City | NJ | June 14, 1976 | $14.1 million | $13.8 million | ||
| Northeast Bank of Houston | Houston | TX | June 3, 1976 | $18.1 million | $17.5 million | ||
| First State Bank of Northern California | San Leandro | CA | May 21, 1976 | $56 million | $53.4 million | ||
| Farmers Bank of the State of Delaware (assistance) | Wilmington | DE | March 15, 1976 | $370 million | |||
| South Texas Bank | Houston | TX | February 25, 1976 | $7.8 million | $7.1 million | ||
| The Hamilton National Bank of Chattanooga | Chattanooga | TN | February 16, 1976 | $412.1 million | $336.3 million | ||
| Bank of Woodmoor | Woodmoor | CO | January 12, 1976 | $4 million | $3.5 million | ||
| The Bank of Bloomfield | Bloomfield | NJ | January 10, 1976 | $31.7 million | $26 million |
Other years
- 2026 4
- 2025 2
- 2024 2
- 2023 5
- 2020 4
- 2019 4
- 2017 8
- 2016 5
- 2015 8
- 2014 18
- 2013 24
- 2012 51
- 2011 92
- 2010 157
- 2009 148
- 2008 30
- 2007 3
- 2004 4
- 2003 3
- 2002 11
- 2001 4
- 2000 7
- 1999 8
- 1998 3
- 1997 1
- 1996 6
- 1995 8
- 1994 15
- 1993 50
- 1992 181
- 1991 271
- 1990 382
- 1989 534
- 1988 470
- 1987 262
- 1986 204
- 1985 180
- 1984 106
- 1983 99
- 1982 119
- 1981 40
- 1980 22
- 1979 10
- 1978 7
- 1977 6
- 1975 13
- 1974 4
- 1973 6
- 1972 2
- 1971 7
- 1970 7
- 1969 9
- 1968 3
- 1967 4
- 1966 7
- 1965 5
- 1964 7
- 1963 2
- 1962 1
- 1961 5
- 1960 1
- 1959 3
- 1958 4
- 1957 1
- 1956 2
- 1955 5
- 1954 2
- 1953 2
- 1952 3
- 1951 2
- 1950 4
- 1949 4
- 1948 3
- 1947 5
- 1946 1
- 1945 1
- 1944 2
- 1943 5
- 1942 20
- 1941 15
- 1940 43
- 1939 60
- 1938 74
- 1937 75
- 1936 69
- 1935 25
- 1934 9
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.