Data / Bank failures / 1982
US bank failures in 1982: 34 banks closed
34 banks failed in 1982, holding $4.65 billion in assets and $3.75 billion in deposits. The FDIC estimates the cost to its insurance fund at $388.4 million. The FDIC also assisted 85 open banks without closing them. The largest: Talman Home, FS&LA ($3.40 billion), Penn Square Bank, N.A. ($436.5 million), Metropolitan BK & TR Company ($267.4 million). Most by state: IL 19, TX 16, NY 13, LA 6, NJ 6.
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| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Home Trust S&LA (assistance) | Vermillion | SD | December 20, 1982 | $13.2 million | $12.1 million | $300,000 | Home Trust S&LA |
| Security FS&LA (assistance) | Mayfield | KY | December 20, 1982 | $45.9 million | $42 million | $1.2 million | Lincoln FS&LA |
| Peachtree FS&LA (assistance) | Atlanta | GA | December 20, 1982 | $105 million | $77.1 million | $130,695 | Anchor Savings Bank FSB |
| First Home FS&LA (assistance) | Owensboro | KY | December 20, 1982 | $83.6 million | $65.3 million | $3.2 million | Lincoln FS&LA |
| Garfield FS&LA (assistance) | Pottstown | PA | December 20, 1982 | $70.4 million | $37.6 million | $4.3 million | Horizon Financial FA |
| Mid-City FS&LA (assistance) | North Wales | PA | December 20, 1982 | $47.8 million | $40.9 million | $1.2 million | Horizon Financial FA |
| First FS&LA of Crisp County (assistance) | Cordele | GA | December 20, 1982 | $44.6 million | $44.2 million | $36,201 | Anchor Savings Bank FSB |
| South East FS&LA (assistance) | Louisville | KY | December 20, 1982 | $132.1 million | $111.8 million | $3.6 million | Lincoln FS&LA |
| Clay County FS&LA (assistance) | West Point | MS | December 20, 1982 | $14.1 million | $12.5 million | $925,000 | Depositors Sa |
| Chicagoland FS&LA (assistance) | Chicago | IL | December 17, 1982 | $140.5 million | $126.3 million | $9.8 million | Great American FS&LA |
| The Security State Bank | Mooreland | OK | December 16, 1982 | $11.6 million | $10.1 million | $1.4 million | First STB of Mooreland |
| Bollinger County Bank | Lutesville | MO | December 10, 1982 | $15.9 million | $14.6 million | $1.6 million | Security BK Bollinger CN |
| North Kansas Sa | Beloit | KS | November 19, 1982 | $36.5 million | $31.1 million | $7.2 million | |
| Ranchlander National Bank | Melvin | TX | November 19, 1982 | $4.3 million | $4.1 million | $2.2 million | |
| South Shore FS&LA (assistance) | Massapequa | NY | November 15, 1982 | $366.1 million | $272.2 million | $19.5 million | Empire of America Fsa |
| Island S&LA (assistance) | Hempstead | NY | November 15, 1982 | $284.5 million | $221 million | $12.1 million | Empire of America Fsa |
| Bank of Quitman | Quitman | AR | November 12, 1982 | $17.4 million | $16.3 million | $1.4 million | First NB of Cleburne Cou |
| Texas BK of Amarillo | Amarillo | TX | November 5, 1982 | $13.1 million | $11.5 million | $1.3 million | First Bank of Amarillo |
| The First National Bank of South Charlesto | South Charleston | WV | November 5, 1982 | $28.6 million | $27.7 million | $4.6 million | Charleston National Bank |
| Cedar Bluff Bank | Cedar Bluff | AL | November 2, 1982 | $13.7 million | $12.7 million | $1.5 million | Union State Bank |
| Modern S&LA (assistance) | Pasadena | TX | October 22, 1982 | $20.7 million | $17.6 million | Texas Western FS&LA | |
| Corsicana FS&LA (assistance) | Corsicana | TX | October 22, 1982 | $70.3 million | $68.3 million | Texas Western FS&LA | |
| Mechanics Savings Bank (assistance) | Elmira | NY | October 15, 1982 | $55.3 million | $50.6 million | Syracuse Savings Bank | |
| First FS&LA (assistance) | Boston | MA | October 12, 1982 | $236 million | $177.7 million | $3 million | Northeast Savings FA |
| Freedom FS&LA (assistance) | Worcester | MA | October 12, 1982 | $790.7 million | $645 million | $9.8 million | Northeast Savings FA |
| Tri-State Bank | Markham | IL | October 8, 1982 | $16.3 million | $16 million | ||
| Oklahoma National BK & TR Co. (assistance) | Oklahoma City | OK | October 3, 1982 | $131.6 million | $133.6 million | $24.6 million | Oklahoma National BK & TR C |
| Heritage FS&LA (assistance) | Bossier City | LA | October 1, 1982 | $71 million | $47.2 million | $2 million | Dixie FS&LA |
| Union FS&LA (assistance) | Pineville | LA | October 1, 1982 | $29.1 million | $25 million | $1.5 million | Pelican Homestead & Sa |
| 1ST of Delray Beach S&LA (assistance) | Delray Beach | FL | October 1, 1982 | $843 million | $675.2 million | Carteret Savings Bank FA | |
| Barton S&LA (assistance) | Newark | NJ | October 1, 1982 | $170.4 million | $123 million | $11.8 million | Carteret S&LA FA |
| Dixie FS&LA (assistance) | New Orleans | LA | October 1, 1982 | $539 million | $433.8 million | $19 million | Dixie FS&LA |
| United Mutual Savings Bank (assistance) | New York | NY | September 24, 1982 | $832.9 million | $777.9 million | $33.1 million | American Savings Bank |
| First FS&LA (assistance) | Springhill | LA | September 21, 1982 | $11.7 million | $11.4 million | Twin City FS&LA | |
| Republic FS&LA (assistance) | Lafayette | LA | September 20, 1982 | $19.3 million | $17 million | $249,168 | Acadia S&LA |
| First FS&LA of Acadia (assistance) | Rayne | LA | September 20, 1982 | $11.3 million | $11 million | $420,832 | Acadia S&LA |
| First Dakota Home S&LA (assistance) | Pierre | SD | September 20, 1982 | $27.8 million | $25.6 million | $1.1 million | First Dakota Home S&LA |
| First FS&LA of Sioux Falls (assistance) | Sioux Falls | SD | September 20, 1982 | $78.2 million | $74.3 million | $2.9 million | First Dakota Home S&LA |
| First FS&LA of New York (assistance) | New York City | NY | September 20, 1982 | $658.9 million | $462.6 million | First FS&LA of Rochester | |
| Vandalia Citizens S&LA (assistance) | Vandalia | IL | September 10, 1982 | $13.7 million | $13.1 million | $898,750 | Fidelity FS&LA |
| Union FS&LA of New York (assistance) | New York | NY | September 10, 1982 | $151.8 million | $122.6 million | $8.8 million | Bayside FS&LA |
| Investors S&LA (assistance) | Fairview Heights | IL | September 10, 1982 | $48.1 million | $39.8 million | $949,062 | Fidelity FS&LA |
| Hohenwald National Bank | Hohenwald | TN | September 3, 1982 | $27.1 million | $24.3 million | $980,550 | |
| Havre FS&LA (assistance) | Havre | MT | September 1, 1982 | $73.3 million | $65.8 million | $5 million | Capital Savings Bank FA |
| Union of Cook County (assistance) | Matteson | IL | September 1, 1982 | $107 million | $94.5 million | Citicorp SVG of Il A FS&LA | |
| First FS&LA (assistance) | Peoria | IL | September 1, 1982 | $446 million | $401.7 million | Talman Home FS&LA of Il | |
| Coronado S&LA (assistance) | Albuquerque | NM | August 27, 1982 | $34.4 million | $25 million | $1.4 million | Sun Country S&LA of NM |
| Western National Bank | Santa Ana | CA | August 27, 1982 | $25.6 million | $21.9 million | $4.2 million | Commonwealth Bank |
| Security BK & TR Company | Cairo | IL | August 27, 1982 | $12 million | $11.2 million | $2.5 million | First BANK&TRUST Co |
| First Security Bank of North Arkansas | Horseshoe | AR | August 27, 1982 | $14.1 million | $12.7 million | $2.6 million | Bank of Melbourne |
| First FS&LA of Suffolk (assistance) | Suffolk | VA | August 6, 1982 | $102.7 million | $81.6 million | $18.7 million | Citizens S&LA FA |
| Abilene National Bank (assistance) | Abilene | TX | August 6, 1982 | $437.3 million | $427.6 million | Mercantile Texas Corporatio | |
| Mount Pleasant BK & TR Company | Mount Pleasant | IA | August 6, 1982 | $29.4 million | $26.2 million | $32 | Hawkeye BANK&TRUST |
| Guardian FS&LA (assistance) | Silver Spring | MD | August 2, 1982 | $184.4 million | $108.9 million | $10 million | Perpetual American FS&LA |
| River Edge S&LA (assistance) | River Edge | NJ | August 2, 1982 | $61.7 million | $47.5 million | $4.6 million | Carteret S&LA |
| Mutual S&LA of El Paso (assistance) | El Paso | TX | August 2, 1982 | $174.7 million | $151.7 million | First FS&LA of Arizona | |
| Allied FS&LA (assistance) | Jamaica | NY | July 31, 1982 | $18.3 million | $17 million | $2 million | Carver FS&LA |
| Princeton S&LA (assistance) | Princeton | NJ | July 31, 1982 | $249.6 million | $197.2 million | Security S&LA | |
| First FS&LA of Burlington Cty (assistance) | Cinnamonson | NJ | July 31, 1982 | $135.2 million | $104.8 million | $4 million | Security SAVINGS&LOAN Assn |
| United FS&LA of Puerto Rico (assistance) | San Juan | PR | July 30, 1982 | $286.9 million | $215.9 million | Caguas FS&LA | |
| American FS&LA (assistance) | Southfield | MI | July 30, 1982 | $841.7 million | $475.8 million | $3.1 million | Empire of America, Fsa |
| First of Mid Florida (assistance) | Deland | FL | July 30, 1982 | $549.3 million | $486.8 million | $1.8 million | Empire of America, Fsa |
| Harris County FS&LA (assistance) | Baytown | TX | July 30, 1982 | $181.7 million | $157.8 million | $537,045 | Empire of America Fsa |
| Unity BK & TR Company | Boston | MA | July 30, 1982 | $12.8 million | $11.5 million | $2.8 million | Boston Bank of Commerce |
| The Bowie County State Bank | Hooks | TX | July 27, 1982 | $14.4 million | $13.4 million | $2.2 million | First BANK&TRUST Hooks |
| Guaranty Bond State Bank | Redwater | TX | July 27, 1982 | $14.1 million | $12.4 million | $3.4 million | First BANK&TRUST Redwate |
| First FS&LA of Pittston (assistance) | Pittston | PA | July 16, 1982 | $45.8 million | $43.3 million | $7.1 million | Franklin First FS&LA |
| Tri-Lakes FS&LA (assistance) | Branson | MO | July 15, 1982 | $13.9 million | $12.8 million | $700,000 | Great Southern S&LA |
| Penn Square Bank, N.A. | Oklahoma City | OK | July 5, 1982 | $436.5 million | $390 million | $65 million | |
| The Belle-Bland Bank | Bland | MO | July 2, 1982 | $4.3 million | $3.9 million | $1 million | Eagle Bank of Gasconade |
| Farmers State BK of Lewiston | Lewiston | IL | June 25, 1982 | $30.9 million | $28.1 million | $8.2 million | Farmers STB of Fulton Co |
| Citizens Bank | Tillar | AR | June 23, 1982 | $6.3 million | $5.6 million | $432,501 | |
| Banco Regional | Bayamon | PR | June 12, 1982 | $21.4 million | $17.9 million | $319,816 | Citibank N A |
| Fidelity FS&LA (assistance) | Valley City | ND | June 10, 1982 | $63 million | $58.8 million | Midwest FS&LA | |
| Montebello FS&LA (assistance) | Montebello | CA | June 1, 1982 | $36.3 million | $34.4 million | San Marino SAVINGS&LOAN Ass | |
| United FS&LA (assistance) | Baltimore | MD | May 31, 1982 | $172.4 million | $132.2 million | Baltimore FS&LA | |
| Community BK of Washtenaw | Ypsilantai | MI | May 15, 1982 | $19.9 million | $18.2 million | $242,786 | Michigan NB Ann Arbor |
| Coles County National Bank of Charleston | Charleston | IL | May 1, 1982 | $26.8 million | $24.2 million | $2.2 million | Eagle Bank of Charleston |
| Carroll County Bank | Huntington | TN | April 30, 1982 | $8.7 million | $8.3 million | $2.1 million | |
| Pacific Coast Bank | San Diego | CA | April 29, 1982 | $9.8 million | $8.7 million | $4.9 million | Commonwealth Bank |
| National Security Bank | Tyler | TX | April 16, 1982 | $8.5 million | $8 million | $574,734 | Bank of Tyler National A |
| County FS&LA (assistance) | Rockville Centre | NY | April 15, 1982 | $1.41 billion | $980.7 million | $36.8 million | Suffolk County FS&LA |
| Suffolk County FS&LA (assistance) | Centereach | NY | April 15, 1982 | $1.11 billion | $950.2 million | $25 million | Long Island Savings Bank F |
| First Financial, S&LA (assistance) | Downer's Grove | IL | April 3, 1982 | $633.9 million | $398.2 million | First FS&LA of Chicago | |
| First FS&LA of Chicago (assistance) | Galena | IL | April 3, 1982 | $3.53 billion | $2.84 billion | $634.6 million | Citicorp Savings of Illinoi |
| Aquia BK & TR Company | Stafford | VA | April 3, 1982 | $14 million | $12.2 million | $3.5 million | Peoples Bank of Danville |
| The Western Saving Fund Society of Philade (assistance) | Philadelphia | PA | April 2, 1982 | $2.13 billion | $1.97 billion | $29.3 million | Philadelphia SVG Fund Socie |
| The First National BK in Humbold | Humboldt | IA | April 2, 1982 | $55.4 million | $47.4 million | Hawkeye BANK&TRUST | |
| Fidelity S&LA (assistance) | San Francisco | CA | April 1, 1982 | $2.91 billion | $1.41 billion | $10.2 million | Citicorp Savings, A FS&LA |
| The New York BK for Savings (assistance) | New York | NY | March 26, 1982 | $3.50 billion | $2.90 billion | $751.4 million | The Buffalo Savings Bank |
| Hartford FS&LA (assistance) | Hartford | CT | March 15, 1982 | $377.7 million | $352.7 million | Northeast Savings, A FS&LA | |
| Fidelity Mutual Savings Bank (assistance) | Spokane | WA | March 11, 1982 | $695.5 million | $569 million | $44.5 million | First Interstate BK of Wa N |
| United States BK of Newark, N.J. (assistance) | Newark | NJ | March 11, 1982 | $688.5 million | $576.4 million | $77.3 million | Hudson City Savings Bank |
| Knickerbocker FS&LA (assistance) | New York | NY | March 9, 1982 | $528.8 million | $347.8 million | First FS&LA of Rochester | |
| Ninth Federal Savings (assistance) | New York | NY | March 9, 1982 | $477.5 million | $241.5 million | First FS&LA of Rochester | |
| Morgan Park S&LA (assistance) | Chicago | IL | March 8, 1982 | $2.3 million | $2.2 million | $292,000 | Illinois-Service FS&LA |
| The Bank of Woodson | Woodson | TX | March 1, 1982 | $3.9 million | $3.5 million | $271,000 | |
| Unity, Sa (assistance) | Norridge | IL | February 20, 1982 | $987.4 million | $738.8 million | $79.9 million | Talman Home, FS&LA |
| Alliance, S&LA (assistance) | Chicago | IL | February 20, 1982 | $280.7 million | $231.7 million | $27.4 million | Talman Home, FS&LA |
| Talman Home, FS&LA | Chicago | IL | February 20, 1982 | $3.40 billion | $2.66 billion | $255.4 million | Talman Home, FS&LA |
| North West, FS&LA (assistance) | Chicago | IL | February 20, 1982 | $1.28 billion | $1.14 billion | $90.4 million | Talman Home, FS&LA |
| Farmers & Mechanics Savings Bank of Minnea (assistance) | Minneapolis | MN | February 20, 1982 | $1.01 billion | $842 million | $52.4 million | Farmers & Mechanics Savings |
| Bank of Yorkville | Yorkville | TN | February 20, 1982 | $7.1 million | $6.4 million | $1.4 million | First-Citizens NB Dyersb |
| Metropolitan BK & TR Company | Tampa | FL | February 12, 1982 | $267.4 million | $210.2 million | Great American Bank of T | |
| The First National Bank and Trust Company | Tuscola | IL | February 6, 1982 | $22.1 million | $17.1 million | $2.7 million | First NB of Douglas Coun |
| United FS&LA of Broward County (assistance) | Fort Lauderdale | FL | February 5, 1982 | $672.4 million | $573.7 million | California FS&LA | |
| First FS&LA of Sylvania (assistance) | Sylvania | GA | February 5, 1982 | $17.5 million | $16 million | California FS&LA | |
| Peach State FS&LA (assistance) | Bremen | GA | February 5, 1982 | $115.9 million | $84.2 million | California FS&LA | |
| Central Illinois B&HA (assistance) | Clinton | IL | February 5, 1982 | $29.3 million | $27.1 million | $4.3 million | Mutual HOME&SAVINGS Assn |
| Guaranty FS&LA (assistance) | Adel | GA | February 5, 1982 | $34.8 million | $31 million | California FS&LA | |
| Inglewood FS&LA (assistance) | Inglewood | CA | February 1, 1982 | $7.7 million | $6.8 million | $2.1 million | Great American FSB |
| First S&LA of New Brunswick (assistance) | New Brunswick | NJ | January 25, 1982 | $405.8 million | $265.8 million | $9.5 million | City FS&LA |
| El Centro FS&LA (assistance) | Dallas | TX | January 15, 1982 | $11.2 million | $7.9 million | $2.3 million | Home Sa of America |
| Civic S&LA (assistance) | Irving | TX | January 15, 1982 | $36.8 million | $12.9 million | $7.1 million | Home Sa of America |
| Buffalo S&LA (assistance) | Houston | TX | January 15, 1982 | $155.3 million | $123.7 million | $25.3 million | Home Sa of America |
| Hyde Park FS&LA (assistance) | Chicago | IL | January 15, 1982 | $308.5 million | $170.9 million | $66.7 million | Home Sa of America |
| Royal FS&LA (assistance) | Dallas | TX | January 15, 1982 | $167.6 million | $66.1 million | $26.5 million | Home Sa of America |
| Republic of Texas Sa (assistance) | Houston | TX | January 15, 1982 | $257.6 million | $188.3 million | $63.7 million | Home Sa of America |
| The Western New York Savings BK (assistance) | Buffalo | NY | January 15, 1982 | $1.03 billion | $874.6 million | $30.2 million | The Buffalo Savings Bank |
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
- 1981 40
- 1980 22
- 1979 10
- 1978 7
- 1977 6
- 1976 17
- 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.