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Data / Bank failures / 1985

US bank failures in 1985: 139 banks closed

139 banks failed in 1985, holding $9.90 billion in assets and $8.91 billion in deposits. The FDIC estimates the cost to its insurance fund at $2.94 billion. The FDIC also assisted 41 open banks without closing them. The largest: Sunrise, S&LA ($1.52 billion), State S&LA ($639 million), Farmers Savings Bank ($590.3 million). Most by state: CA 18, TX 17, KS 14, NE 13, OK 13.

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every failure, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Sun FS&LA (assistance)TalahasseeFLDecember 31, 1985$367.5 million$341 million$12.9 millionAnchor Savings Bank FSB
Home Savings Bank (assistance)White PlainsNYDecember 31, 1985$413.9 million$405 million$5.7 millionHome Savings Bank
State S&LA of Lubbock (assistance)LubbockTXDecember 20, 1985$841.6 million$815 million$1.15 billionMerabank Texas FSB
Brownfield S&LA (assistance)BrownfieldTXDecember 20, 1985$64.7 million$59.9 million$11 millionMerabank Texas, FSB
First City BankGlendaleCADecember 20, 1985$35.8 million$28.8 million$5.9 millionSterling Bank
State Bank of FrostFrostMNDecember 20, 1985$7.7 million$6.6 million$2 millionFrost State Bank
Bank of PanamaPanamaNEDecember 19, 1985$4.4 million$4.3 million$1.4 millionFarmers State Bank
Farmers State BankSargentNEDecember 19, 1985$12.5 million$11.3 million$1.6 millionFirst National Bank in O
Farmers & Merchants BankComstockNEDecember 19, 1985$3.3 million$3.2 million$784,936
Princeton State BankPrincetonMODecember 19, 1985$18.4 million$16.8 million$5.8 million
Lake National BankLake OzarkMODecember 13, 1985$19.8 million$19.1 million$2.1 millionCentral Lake State Bank
The First National Bank in Lincoln CountyRuidosoNMDecember 13, 1985$32 million$30.7 million$16.7 millionFirst NB of Ruidoso
The Farmers State Bank of Barry County, ExExeterMODecember 13, 1985$4.2 million$4.1 million$1.2 millionSecurity Bank of SW Mo
State FS&LACorvallisORDecember 6, 1985$563.9 million$443.9 million$249 millionWashington FS&LA
Guaranty S&LAHarrisonARDecember 6, 1985$451.4 million$316.5 million$64.1 millionSuperior Federal Bank, FSB
The Farmers and Merchants National Bank ofHennessyOKDecember 5, 1985$28.7 million$27.5 million$5.5 million
Security State BankBroken BowNEDecember 5, 1985$8 million$7.6 million$1.6 million
Citizens S&LASalemORDecember 4, 1985$239.7 million$153.5 million$85.2 millionFreedom FS&LA
Home FS&LA (assistance)PaducahKYDecember 2, 1985$106.7 million$106.1 million$21.2 millionRepublic Savings, FSB
Midland FS&LA (assistance)MoorheadMNDecember 2, 1985$38 million$40.9 million$48.9 millionMidland FS&LA
Home FS&LA (assistance)Sioux CityIADecember 2, 1985$115.3 million$117.1 million$10 millionFirst of Sioux City
Citizens FS&LA (assistance)SeattleWADecember 1, 1985$461.4 million$353.2 million$18 millionCitizens FS&LA
Usm (u.s. Mutual) S&LAAnn ArborMINovember 26, 1985$306.1 million$287 million$31.1 millionGreat Lakes Bancorp
Hi-Plains S&LA (assistance)HerefordTXNovember 25, 1985$114.6 million$100.5 million$112.6 millionConsolidated S&LA
California Heritage BankSan DiegoCANovember 22, 1985$24.1 million$22.4 million$3.2 millionGrossmont Bank
Allen County Bank and Trust CompanyLeoINNovember 22, 1985$10.9 million$10.5 millionIndiana National Bank
Chester State BankChesterTXNovember 22, 1985$11.7 million$11 million$2.1 millionBank of East Texas
The Farmers and Merchants State Bank of RuLa CrosseKSNovember 21, 1985$32.6 million$28.9 million$10 million
The Clarksdale Bank of ClarkdaleClarksdaleMONovember 21, 1985$6.2 million$5.8 million$2 millionUnited Mo Bank of Clarks
Decataur County National Bank of OberlinOberlinKSNovember 21, 1985$18.4 million$16.8 million$4 millionBank of Oberlin
The Dill State BankDill CityOKNovember 21, 1985$15.5 million$14.3 million$6.9 millionHome State Bank
First National Bank of TeagueTeagueTXNovember 14, 1985$32 million$29.2 million$7.9 million
Northshore BankHoustonTXNovember 8, 1985$47.2 million$43.3 million$12.2 millionBank of Woodforest
Auburn Savings BankAuburnIANovember 8, 1985$6.8 million$6.6 million$713,693Carroll County State Ban
Lewis FS&LA (assistance)ChehalisWANovember 1, 1985$51.9 million$52.4 million$1.8 millionSterling Savings Assn
The Aurora BankAuroraCONovember 1, 1985$16.6 million$15.2 million$7.5 millionOmnibank Iliff National
Yellowstone State BankLanderWYNovember 1, 1985$18.7 million$20.8 million$12.3 million
Early Savings BankEarlyIANovember 1, 1985$12.9 million$11.9 million$1.2 millionCitizens 1ST NB Storm La
Security Trust S&LA (assistance)OakridgeTNOctober 28, 1985$28.8 million$27.2 million$10.4 millionSecurity SLA
Farmers Savings BankDavisCAOctober 18, 1985$590.3 million$526.4 million$137.8 million
The Early BankEarlyTXOctober 18, 1985$15.8 million$15.1 million$3.1 millionTexas Bank
The Citizens BankOgdenUTOctober 18, 1985$93.5 million$85.5 million$33.9 millionCommercial Security Bank
First State BankJetOKOctober 18, 1985$12.3 million$11.5 million$5.6 millionCleo State Bank
Farmers State Bank of KanaranziKanaranziMNOctober 18, 1985$3.9 million$3.8 million$997,195Citizens STB of Silver L
Farmers State Bank in AftonAftonOKOctober 17, 1985$10.8 million$9.9 million$2.8 millionSecurity BANK&TRUST Co
The First National Bank of ST. JosephST. JosephMOOctober 11, 1985$193.5 million$175.9 million$27.1 millionCommerce BK of ST Joseph
Saratoga State BankSaratogaWYOctober 11, 1985$18.5 million$16.3 million$4.3 millionFirst Wyoming Bank Sarat
Bank of CantonCantonOKOctober 10, 1985$22.4 million$20.6 million$8.6 millionCommunity State Bank of Can
Sun S&LA (assistance)PortlandMEOctober 4, 1985$231.9 million$177.1 million$17.5 millionSun SAVINGS&LOAN Assn
Tower Bank, N.A.Hialeah GardensFLOctober 3, 1985$20.5 million$19.7 million$2.7 millionBayshore Bank of Florida
Security FS&LA (assistance)AlberquerqueNMOctober 1, 1985$169.1 million$167.7 million$19.5 millionSecurity FS&LA
Baton Rouge S&LA (assistance)Baton RougeLAOctober 1, 1985$116 million$93.3 million$5.3 millionPelican HOMESTEAD&SVG Assn
Bowery Savings Bank (assistance)New YorkNYOctober 1, 1985$5.28 billion$5.00 billion$334.5 millionBowery Savings Bank
Golden Pacific S&LA (assistance)WindsorCASeptember 27, 1985$45.6 million$46.2 million$6.1 millionEmpire of America-Californi
Family FS&LA (assistance)SpringfieldVASeptember 27, 1985$57.1 million$71.2 million$776,000Columbia First FS&LA
Western State BankDentonTXSeptember 27, 1985$27.8 million$23.7 million$8 millionTexas Bank of Denton
The First Nationlal Bank in TerralTerralOKSeptember 27, 1985$4.1 million$3.9 million$1.7 million
The Sedan State BankSedanKSSeptember 25, 1985$28.2 million$26.6 million$8.3 million
Glen Ellyn S&LA (assistance)Glen EllynILSeptember 20, 1985$122.1 million$101.1 million$18.5 millionCiticorp Savings of Illinoi
Elba State BankElbaNESeptember 18, 1985$4.7 million$4.2 million$656,921
The First National Bank of RocklandRamapoNYSeptember 13, 1985$29.5 million$25.3 millionFirst NB of Highland
Moncor Bank, N.A.RoswellNMSeptember 12, 1985$33.3 million$32.9 million$10.6 millionFirst NB of Chaves Count
First Security Bank of DicksonDicksonTNSeptember 12, 1985$14.8 million$14.3 million$1.8 millionPeoples Bank
Heights Savings Association (assistance)HoustonTXSeptember 6, 1985$436.5 million$422 million$738.9 millionFirst Heights Fsa
Bank of CliftonCliftonCOSeptember 6, 1985$10.9 million$9.8 million$2.7 million
The Bank of LorettoLorettoTNSeptember 4, 1985$25.6 million$24.8 million$3.9 millionFirst FARMERS&MERCHANTS
Citizens FS&LA (assistance)MattesonILSeptember 3, 1985$133.8 million$133.5 million$3 millionRepublic Savings Bank, FSB
Westside FS&LASeattleWAAugust 30, 1985$378.4 million$325.1 million$100.8 millionPrudential Bank FSB
Moncor Bank, N.A.HobbsNMAugust 30, 1985$229.3 million$220.3 million$54 millionUnited Bank of Lea Count
Presidio S&LAPortervilleCAAugust 28, 1985$284.5 million$244.9 million$96.6 millionGibralter Savings
Missouri Delta BankHaytiMOAugust 28, 1985$9.1 million$8.1 million$1.4 millionBank of Hayti
Cardwell State BankCardwellMOAugust 28, 1985$6.2 million$5.7 million$867,705MERCHANTS&PLANTERS BK Ho
Alliance FS&LAKennerLAAugust 23, 1985$188.1 million$134 million$147.9 million
The Bank of BronsonBronsonKSAugust 23, 1985$9.6 million$9.3 million$3 million
Centennial S&LAGuernevilleCAAugust 20, 1985$368.2 million$367.8 million$148.9 millionCitizens FS&LA
Montana S&LAKalispellMTAugust 16, 1985$26.9 million$30.4 million$12.9 million
The Commercial Bank (assistance)AndalusiaALAugust 16, 1985$77.8 million$76.4 millionThe Commercial Bank
Park West Bank, N.A.Farmers BranchTXAugust 15, 1985$20.5 million$18.2 million$5.3 millionPark West State Bank
State Bank of HerndonHerndonKSAugust 14, 1985$6.2 million$5.8 million$1.6 million
Sierra FS&LADenverCOAugust 9, 1985$48.4 million$81.5 million$56.3 millionCommercial FS&LA
State Bank of FarmersvilleFarmersvilleILAugust 9, 1985$12 million$12.1 million$2.2 millionLitchfield BANK&TRUST Co
Security Bank & Trust CompanyMidwest CityOKAugust 8, 1985$35 million$33.4 million$6.9 millionSecurity Bank of MW Cty
Butterfield S&LA (assistance)Santa AnaCAAugust 7, 1985$708.3 million$768.3 million$371.3 millionDowney S&LA
Mineola State BankMineolaIAAugust 6, 1985$5.2 million$4.9 million$212,509Glenwood State Bank
Bell Savings BancTempleTXAugust 2, 1985$185 million$288 million$177.9 million
Farmers State BankRising CityNEAugust 2, 1985$12.8 million$11.9 million$319,709Union BANK&TRUST Co
Farmers State Bank of Round LakeRound LakeMNAugust 2, 1985$23.2 million$20.9 million$7.5 millionFarmers STB of Mountain
Western Heritage FS&LA (assistance)PendletonORAugust 1, 1985$175.1 million$134 million$8.8 millionBenj Franklin FS&LA
Riverside National Bank of HoustonHoustonTXAugust 1, 1985$18.4 million$17.2 million$3.6 millionPeoples Bank National As
Bell S&LA (assistance)San MateoCAJuly 25, 1985$1.64 billion$1.31 billion$829.7 millionWestern FS&LA
Kansas American BankOverland ParkKSJuly 25, 1985$25.7 million$23.9 million$6.4 millionMidamerican B&T Overland
Citizens State Bank of El DoradoEl DoradoKSJuly 25, 1985$31.2 million$29.5 million$1.5 millionNational Bank of El Dora
First National Bank of GlenrockGlenrockWYJuly 23, 1985$18.7 million$16.5 million$4.5 millionNational Bank of Glenroc
The First National Bank of OnagaOnagaKSJuly 23, 1985$22.4 million$22.3 million$2.2 millionFirst National Bank of O
Flushing FS&LA (assistance)FlushingNYJuly 19, 1985$527.7 million$524.9 million$22.9 millionLong Island Savings Bank F
Gilpin County BankBlack HawkCOJuly 19, 1985$3.9 million$3.5 million$1.3 millionFirst Intrst BK Golden N
Linn County BankLinneusMOJuly 19, 1985$5.4 million$5.3 million$2.2 millionUnited Mo Bank of Linn C
Sunrise, S&LALake WorthFLJuly 18, 1985$1.52 billion$1.50 billion$419.2 millionBeach FS&LA
Eskridge State BankEskridgeKSJuly 18, 1985$10.1 million$9.4 million$5.3 millionFlint Hills Bank of Eskr
The First National Bank of DarouzzetDarrouzettTXJuly 18, 1985$18.2 million$11.4 million$4.1 million
Crossroads State BankOklahoma CityOKJuly 11, 1985$17.8 million$17.1 million$6.9 million
The First National Bank of JacksonvilleJacksonvilleALJuly 5, 1985$43.3 million$39.6 million$9.1 millionAmsouth Bank of Jacksonv
Madison BankMadisonKSJuly 2, 1985$8.4 million$7.7 million$2.5 millionFirst NB of Madison
Citizens S&LA (assistance)BatesvilleMSJuly 1, 1985$18.4 million$13.3 million$4.1 millionMississippi FSB
First Bank & TrustTracy CityTNJune 28, 1985$21.1 million$19.7 million$2.9 millionFirst NB of Shelbyville
Century Sa (assistance)Shawnee MSNKSJune 26, 1985$91.8 million$45 million$16.2 millionHousehold Bank FSB
Crescent Savings BankNew OrleansLAJune 25, 1985$89.1 million$84 million$53.7 millionHorizon FS&LA
Northlake S&LACovingtonLAJune 25, 1985$141.4 million$148.1 million$89.3 millionHorizon FS&LA
Community FS&LABaton RougeLAJune 25, 1985$47.9 million$46.8 million$29.7 millionHorizon FS&LA
Audubon S&LANew OrleansLAJune 25, 1985$211.3 million$222.1 million$166.2 millionHorizon FS&LA
New Orleans S&LANew OrleansLAJune 25, 1985$118.1 million$105.3 million$73.5 millionHorizon FS&LA
Sun Belt Federal Bank, FSBLake ProvidenceLAJune 25, 1985$278.3 million$269.1 million$156.2 millionHorizon FS&LA
Eureka FS&LA (assistance)San CarlosCAJune 21, 1985$1.57 billion$1.36 billion$453.3 millionEureka FS&LA
Golden Pacific National BankNew YorkNYJune 21, 1985$146.3 million$131.4 millionHONGKONG&SHANGHAI BK Cor
Urbana Savings BankUrbanaIAJune 21, 1985$7.2 million$6.3 million$810,302Peoples BANK&TRUST Co
First City Bank, N.A.Oklahoma CityOKJune 21, 1985$97.8 million$92.7 million$32.6 millionCity BANK&TRUST
Farmers State Bank of DexterDexterKSJune 20, 1985$4.3 million$4.2 million$1.3 million
Strong's BankDodgevilleWIJune 14, 1985$30.7 million$28.2 million$1,659M&I Bank of Dodgeville
Swift County BankBensonMNJune 14, 1985$41.6 million$38 million$8.4 millionFirst Security STB Sleep
The First State BankEdnaKSJune 13, 1985$8.3 million$8.1 million$2.8 millionFirst State Bank of Edna
American National Bank of RivertonRivertonWYJune 11, 1985$37.9 million$39.6 million$10.6 millionFirst Wy Bank NA Riverto
Magnolia FS&LAKnoxvilleTNJune 7, 1985$4.8 million$3.6 million$1.5 million
Community FS&LANashvilleTNJune 7, 1985$22.7 million$18.8 million$3.6 million
Southern California S&LA (assistance)Beverly HillsCAJune 6, 1985$1.49 billion$1.26 billion$223.8 millionSouthern California FS&LA
Bank of LockesburgLockesburgARMay 31, 1985$25.5 million$23.5 million$7.4 millionBank of Lockesburg
Bank of Oregon (assistance)WoodburnORMay 31, 1985$117.1 million$97 million$18.8 millionBank of Oregon
First Trust Bank of LakefieldLakefieldMNMay 31, 1985$24.3 million$22.1 million$9.4 millionFulda State Bank
Central S&LA (assistance)San DiegoCAMay 31, 1985$2.31 billion$1.68 billion$327.1 millionCoast S&LA
Scroggin & Company BankOakNEMay 31, 1985$3.6 million$3.2 million$165,372
Security State BankEdgarNEMay 31, 1985$6.6 million$6.1 million$1.1 millionGuide Rock State Bank
Fairfield State BankFairfieldNEMay 31, 1985$6.8 million$6 million$1.7 million
Bank of TaylorTaylorNEMay 31, 1985$14.5 million$13.4 million$1.7 millionUnion BANK&TRUST Co
First FS&LA of Freeport (assistance)FreeportILMay 28, 1985$63.3 million$45.7 million$13.6 millionHome FS&LA of Rockford
Northwest BankWhite SettlementTXMay 23, 1985$54 million$51.1 million$11.5 millionLandmark Bank-Northwest
Home FS&LA (assistance)MarionOHMay 22, 1985$201.9 million$206.6 millionHome Savings of America FA
The Energy Bank, N.A.DallasTXMay 16, 1985$29.7 million$27.4 million$7.5 millionOaks BANK&TRUST Co
Bank of NewcastleNewcastleOKMay 16, 1985$32.6 million$31.2 million$11 millionAllied Oklahoma Bank NA
First Financial Bank, FSB (assistance)New OrleansLAMay 10, 1985$739.4 million$631 million$51.5 millionFirst Financial Bank, FSB
Story County State BankStory CityIAMay 9, 1985$33.6 million$31.6 million$6.6 millionStory County BANK&TRUST
Farmers Savings BankMassenaIAMay 3, 1985$16.9 million$15.4 million$6.4 millionUnion National Bank
Farmers State BankST. JosephMOMay 3, 1985$50.9 million$49.6 million$13.3 millionFarmers STB of Buchanan
First Federal of Titusville (assistance)TitusvilleFLMay 2, 1985$162.7 million$157.7 million$7.1 millionFirst FS&LA of Winter Haven
Northern Virginia S&LA (assistance)ArlingtonVAMay 2, 1985$237.2 million$240.6 million$18.9 millionNorthern Virginia S&LA A FA
Capital City FS&LA (assistance)WashingtonDCMay 2, 1985$361.2 million$298 million$27.1 millionNorthern Virginia S&LA A FA
The Bank of CommerceChanuteKSMay 2, 1985$66.8 million$63.9 million$15.9 millionBank of Commerce
Brighton FS&LA (assistance)BrightonCOMay 1, 1985$91.4 million$83.1 million$22.3 millionHousehold Bank FSB
First Enterprise BankOaklandCAApril 26, 1985$43.8 million$43 million
Peoples State BankOdeboltIAApril 26, 1985$13.5 million$12.7 million$2.3 millionPeoples Savings Bank
Beverly Hills S&LA (assistance)Beverly HillsCAApril 23, 1985$2.92 billion$2.44 billion$1.43 billionBeverly Hills FSB
The Peoples National Bank of LampasasLampasasTXApril 18, 1985$39.4 million$40.5 million$3.9 millionUnited Peoples Bank
The First National Bank of SpringfieldSpringfieldCOApril 18, 1985$15.3 million$14 million$5.3 millionBaca State Bank
State S&LASalt Lake CityUTApril 12, 1985$639 million$418 million
South Coast BankCosta MesaCAApril 12, 1985$31.3 million$29.5 million$1.2 millionHarbor Bank
First State Bank of ElginElginORApril 12, 1985$18.2 million$15.8 million$4.9 millionUnited States NB of Oreg
State Bank of AlexandriaAlexandriaNEApril 10, 1985$2.5 million$2.4 million$169,809
Capistrano National BankSan Juan CapistraCAApril 5, 1985$58.2 million$56.7 million$6.4 millionFARMERS&MERCHANTS BK Lon
Bank of HunterHunterOKApril 4, 1985$3 million$3.1 million$1.2 millionFirst NB in Tonkawa
Fidelity Bank of DenverDenverCOMarch 29, 1985$54.7 million$48.8 million$12.2 millionAmerican Bank of Commerc
Golden Valley BankTurlockCAMarch 25, 1985$82.2 million$79.8 million$9.4 millionFARMERS&MERCHANTS BK CNT
Taylor State BankEmingtonILMarch 15, 1985$5 million$4.8 million$1.5 millionFirst NB of Dwight
Western Community S&LEl CerritoCAMarch 8, 1985$110.6 million$7.6 million$-11,380,600First United FSB
Citizens State BankArapahoeNEMarch 8, 1985$16.9 million$15.6 million$2.1 millionFARMERS&MERCHANTS Bank
Commercial State BankAftonIAMarch 8, 1985$16.3 million$15.6 million$3 millionCitizens Savings Bank
Halifax National Bank of Port OrangePort OrangeFLMarch 1, 1985$38.6 million$35.7 million$2.5 millionBarnett Bank of Volusia
Inwood State BankInwoodIAFebruary 19, 1985$8.1 million$7.6 million$1.3 millionSecurity Savings Bank
Citizens State Bank of FuldaFuldaMNFebruary 15, 1985$39.4 million$36.4 million$12.8 millionFulda State Bank
First National Bank of EadsEadsCOFebruary 14, 1985$17.5 million$16.7 million$4.6 millionOmnibank of Kiowa County
West Valley BankWoodland HillsCAFebruary 8, 1985$48.3 million$43.4 million$1.2 millionFirst Interstate Bank LT
Peoples Bank & Trust Co.WartburgTNFebruary 8, 1985$24.4 million$23.1 million$6.3 millionCitizens BANK&TRUST Co
First National Bank of WoodbineWoodbineIAFebruary 7, 1985$25.8 million$25.8 million$7.3 millionIowa Savings Bank
Farmers National Bank of ErickErickOKFebruary 7, 1985$16.8 million$17.3 million$3.6 millionFirst American Bank
Citizens Fidelity BankBristolTNFebruary 1, 1985$18.2 million$17.6 million$4.1 millionEnergy Bank
The Steele State BankCherokeeIAJanuary 25, 1985$21.9 million$20.6 million$3.3 millionValley BANK&TRUST
First National Bank in ClarksvilleClarksvilleTXJanuary 24, 1985$35 million$33.4 million$8.7 millionCitizens Bank
The First National Bank in MarlowMarlowOKJanuary 24, 1985$27.4 million$27 million$7.6 millionFirst NB in Marlow
Coast Community BankHarborORJanuary 11, 1985$9.1 million$8.5 million$1.4 millionSecurity Bank of Coos Co
State Bank of DannebrogDannebrogNEJanuary 7, 1985$4.9 million$4.4 million$1.1 million
Citizens State BankEdgertonWYJanuary 4, 1985$2.9 million$2.6 million$1.2 million
Peoples S&LA (assistance)HonoluluHIJanuary 1, 1985$15 million$10.5 million$4.3 millionNew Peoples S&LA
Fidelity S&L (assistance)Martins FerryOHJanuary 1, 1985$72.5 million$72.5 millionHousehold Bank FSB

Other years

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.