Data / Bank failures / 1987

US bank failures in 1987: 217 banks closed

Name: US bank failures in 1987: 217 banks closed
Creator: SpecStream
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217 banks failed in 1987, holding $15.82 billion in assets and $15.37 billion in deposits. The FDIC estimates the cost to its insurance fund at $6.01 billion. The FDIC also assisted 45 open banks without closing them. The largest: Freedom S&LA ($1.89 billion), Vernon S&LA ($1.35 billion), Independent American Sa ($1.01 billion). Most by state: TX 68, OK 39, LA 27, CO 14, CA 14.

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Bank	City	State	Closed	Assets	Deposits	Estimated cost	Acquirer
First FS&LA of Slidell (assistance)	Slidell	LA	December 31, 1987	$46.2 million	$48.8 million	$13.2 million	Alabama FS&LA
Gibson Federal S&LA (assistance)	Gibson City	IL	December 31, 1987	$131.5 million	$146.2 million	$37.4 million	Champion Federal S&LA
American FS&LA (assistance)	Lynchburg	VA	December 31, 1987	$166.5 million	$196.7 million	$44.5 million	First Federal of Roanoke
First Financial Bank, FSB (assistance)	New Orleans	LA	December 31, 1987	$744.9 million	$573.5 million	$51.5 million	Alabama FS&LA
Firstbanc FSB (assistance)	Gonzales	LA	December 30, 1987	$46.3 million	$47.1 million	$33.1 million	Pelican HOMESTEAD&SVG Assn
First FS&LA of Alexandria (assistance)	Alexandria	LA	December 30, 1987	$148.7 million	$149.4 million	$48.9 million	Pelican HOMESTEAD&SVG Assn
First Financial of La (assistance)	Lutcher	LA	December 30, 1987	$159.5 million	$151.5 million	$105.7 million	Pelican HOMESTEAD&SVG Assn
Community FS&LA (assistance)	Hamilton	OH	December 29, 1987	$405.6 million	$379 million	$21.3 million	Union Federal Savings Bank
The Falun State Bank (assistance)	Falun	KS	December 29, 1987	$3.1 million	$3.1 million	$50,000	Farmers State Bank
First State Bank at Shoshoni	Shoshoni	WY	December 18, 1987	$4.6 million	$4.1 million	$1.1 million	First STB of Thermopolis
American Bank of Commerce	Lake Charles	LA	December 17, 1987	$35.5 million	$36.2 million	$4.3 million	National BK Com Lake Cha
Usbank	Denton	TX	December 17, 1987	$86 million	$84.8 million	$19.6 million	United National Bank
Bank of Mabank	Mabank	TX	December 17, 1987	$43.8 million	$44.5 million	$9.7 million	First State Bank
Boone County FS&LA (assistance)	Centralia	MO	December 16, 1987	$19.7 million	$20.8 million	$2.5 million	United S&LA
MT. Pleasant S&LA (assistance)	MT. Pleasant	TX	December 16, 1987	$24.9 million	$29.3 million	$7.1 million	Sulphur Springs LN&BLDG Ass
Surety FS&LA (assistance)	Morganton	NC	December 11, 1987	$124.9 million	$111.5 million		Surety FS&LA Fsa
Lewis and Clark State Bank	Lake Oswego	OR	December 11, 1987	$20.3 million	$19.8 million	$2.5 million	Key Bank of Oregon
First Interstate Bank of Alaska	Anchorage	AK	December 11, 1987	$367.7 million	$358.9 million	$104.4 million	National Bank of Alaska
Heritage National Bank	Austin	TX	December 10, 1987	$53.2 million	$51 million	$19.5 million	Community National Bank
Bancfirst-Austin, N.A.	Austin	TX	December 10, 1987	$25.3 million	$28 million	$14.1 million	Texas Capital Bank-Fort
American Bank in Louisiana	Morgan City	LA	December 10, 1987	$15 million	$14.6 million	$4 million	ST Mary BANK&TRUST Co
Louisiana Bank & Trust Company	Crowley	LA	December 10, 1987	$18.5 million	$21.2 million	$7.8 million	Evangeline BANK&TRUST Co
The First National Bank in Rhome	Rhome	TX	December 10, 1987	$9.2 million	$9.3 million	$1.9 million	Continental State Bank
State Bank of Commerce	Slidell	LA	December 3, 1987	$49.2 million	$48.6 million	$14.2 million	Peoples B&T Co of ST Ber
Madison Bank & Trust Company	Richmond	LA	December 3, 1987	$9.7 million	$9.8 million	$3.1 million	Guaranty B&T Co of Delhi
Crossroads Bank (assistance)	Victoria	TX	December 3, 1987	$25.1 million	$25.3 million	$1.3 million	Crossroads Bank
Climbing Hill Savings Bank	Climbing Hill	IA	December 3, 1987	$5.4 million	$5.3 million	$646,363	First TRUST&SAVINGS Bank
State Bank of Jansen	Jansen	NE	December 3, 1987	$5 million	$4.6 million	$264,440	Security NB of Superior
Crofton State Bank	Crofton	NE	December 3, 1987	$11.6 million	$10.8 million	$1.7 million	FARMERS&MERCHANTS STB BL
Center State Bank	Center	NE	December 3, 1987	$8.4 million	$8 million	$1.6 million	FARMERS&MERCHANTS STB BL
The Peoples Bank	Olive Hill	KY	December 3, 1987	$40.9 million	$39.5 million	$7.6 million	Commercial Bank of Grays
First State Bank	Oakdale	NE	December 3, 1987	$5.6 million	$5.4 million	$499,508	First United Bank
The Farmers National Bank of Cordell	Cordell	OK	December 3, 1987	$62.3 million	$60.3 million	$33.6 million	First NB of Weatherford
Republic Bank	Oklahoma City	OK	November 19, 1987	$49.1 million	$57.3 million	$23 million	First NB in Bartlesville
The Timken State Bank	Timken	KS	November 19, 1987	$3.1 million	$3.1 million	$1.3 million
The Alexander State Bank	Alexander	KS	November 19, 1987	$9.2 million	$9.4 million	$2.3 million
The Peoples Bank and Trust of Iberia Paris	New Iberia	LA	November 19, 1987	$79.1 million	$76.3 million	$9.1 million	New Iberia Bank
Argo FS&LA (assistance)	Summit	IL	November 17, 1987	$25.6 million	$29.7 million	$3.6 million	Argo S&LA Fed S&L Associati
Tri-County S&LA	Camden	NJ	November 13, 1987	$36.5 million	$46.2 million	$18.9 million	First American Savings FA
West Texas State Bank of Canyon	Canyon	TX	November 13, 1987	$20.4 million	$20 million	$3.3 million	First NB of Amarillo
Gulf FS&LA (assistance)	Mobile	AL	November 12, 1987	$6.1 million	$6.5 million	$1.3 million	Gulf Federal Bank A FSB
Tri-State National Bank	Belle Fourche	SD	November 10, 1987	$10.7 million	$10.7 million	$1.8 million	First Western Bank Sturg
Bank of Winter Park	Winter Park	CO	November 10, 1987	$24.4 million	$22.7 million	$13.9 million	Bank of Aspen
Middle Park Bank	Granby	CO	November 10, 1987	$34.9 million	$33 million	$14.9 million	Bank of Kremmling
First FS&LA Natchitoches (assistance)	Natchitoches	LA	October 31, 1987	$48.1 million	$62.3 million	$29.4 million	First FS&LA Lake Charles
Delta Pacific Bank	Pittsburg	CA	October 30, 1987	$17.7 million	$17 million	$1.3 million	Central Bank
American Security Bank	North Platte	NE	October 30, 1987	$27.1 million	$26.5 million	$3.7 million	North Platte National Ba
Capital Bank & Trust Co.	Baton Rouge	LA	October 30, 1987	$384.4 million	$343.4 million	$55.5 million	Sunburst Bank
Sierra S&LA	Gardnerville	NV	October 23, 1987	$12.1 million	$12.8 million	$563,800
Western National Bank	Bryan	TX	October 22, 1987	$22.7 million	$23.8 million	$8.9 million	First State Bank in Cald
New World National Bank	Pittsburgh	PA	October 22, 1987	$14.7 million	$14.8 million	$2.1 million	Lincoln National Bank
First State Bank of Bovina	Bovina	TX	October 22, 1987	$20.1 million	$17.4 million		First Bank of Muleshoe
Alaska National Bank of the North	Fairbanks	AK	October 22, 1987	$203.1 million	$200.2 million	$34.3 million	National Bank of Alaska
Pioneer Bank of Fountain	Fountain	CO	October 21, 1987	$12.7 million	$12.2 million	$1.1 million	Green Mountain Bank
Topeka Savings Association	Topeka	KS	October 20, 1987	$112.5 million	$104.5 million
Commercial Bank, N.A. (assistance)	Oklahoma City	OK	October 16, 1987	$23.4 million	$21.7 million	$4.5 million	Commercial Bank, N.A.
Yankee Bank for Finance & Saving	Boston	MA	October 16, 1987	$525.5 million	$488.3 million	$63.6 million	Boston Five Cents SB FSB
First California Savings Bank	San Fernando	CA	October 15, 1987	$220.6 million	$224 million
American National Bank of Afton	Afton	WY	October 15, 1987	$11.4 million	$11.2 million	$2.2 million	Star Valley State Bank
Citizens Bank of Ray	Ray	ND	October 15, 1987	$11.7 million	$11.3 million	$1.9 million	First NB&T Co of Willist
The First National Bank of Brush	Brush	CO	October 8, 1987	$20.9 million	$21 million	$3.3 million	First Security Bank
United Services Bank	Hartshorne	OK	October 8, 1987	$15.3 million	$14.2 million	$5.7 million	First NB&T Co of McAlest
Citizens Bank of Krebs	Krebs	OK	October 8, 1987	$14.7 million	$13.8 million	$5.3 million	First NB&T Co of McAlest
State Bank of Greenwald	Greenwald	MN	October 2, 1987	$23.3 million	$19.9 million	$4.3 million	Rural American BK Greenw
Western Bank-North Wilcrest, N.a	Houston	TX	October 1, 1987	$41.1 million	$40.6 million	$12.9 million	Texas Commerce Bank NA
Western Bank-Westwood, N.A.	Houston	TX	October 1, 1987	$44.2 million	$42.6 million	$11.6 million	Texas Commerce Bank NA
Clay County State Bank	Dilworth	MN	October 1, 1987	$10.1 million	$9.9 million	$1.1 million	Northwestern STB of Ulen
Western Bank-Westheimer	Houston	TX	October 1, 1987	$260.6 million	$256.1 million	$96.3 million	Charter NB Houston
Security State Bank	Oxford	NE	October 1, 1987	$12.2 million	$11.7 million	$1.8 million	Union BANK&TRUST Co
Valley State Bank	Los Angeles	CA	September 28, 1987	$93.2 million	$92 million	$2.2 million	Capital Bank of Californ
Commonwealth Bank	Torrance	CA	September 25, 1987	$85.1 million	$83.8 million	$16.7 million	Capital Bank of Californ
Lyons Federal Trust & Savings (assistance)	Countryside	IL	September 24, 1987	$2.28 billion	$1.54 billion	$561.6 million	Superior Bank, FSB
The Mayfield State Bank, Mayfield	Mayfield	KS	September 24, 1987	$6.8 million	$5.8 million	$2.4 million	First NB in Harper
The Murdock State Bank	Murdock	KS	September 24, 1987	$9.2 million	$8 million	$2.1 million	Farmers STB of Norwich K
The Citizens Bank	Drumright	OK	September 24, 1987	$35.1 million	$33.4 million	$14.6 million	American NB of Bristow
Twin City FS & La	West Monroe	LA	September 19, 1987	$149.5 million	$182.4 million	$160.6 million	Secor Bank, FSB
Phenix FS&LA	Phenix City	AL	September 18, 1987	$225.5 million	$235.5 million
Stockmen's Bank & Trust Company	Gillette	WY	September 18, 1987	$117.4 million	$111.9 million	$41.1 million	First Interstate BK Gill
Steeplechase National Bank	Houston	TX	September 17, 1987	$15.9 million	$14.2 million	$3.7 million	Cypress National Bank
Mustang National Bank	Mustang	OK	September 17, 1987	$12.1 million	$11.5 million	$2.7 million	First National Bank of M
Breaux Bridge Bank & Trust Company	Breaux Bridge	LA	September 17, 1987	$22.5 million	$29.8 million	$13.8 million	Midsouth National Bank
The Talmage State Bank	Talmage	KS	September 17, 1987	$6.7 million	$6.7 million	$1.3 million	First National Bank
Central National Bank of New York	New York	NY	September 11, 1987	$180.8 million	$174.7 million	$58.7 million
First State Bank of Rollingstone	Rollingstone	MN	September 11, 1987	$15.2 million	$14.4 million	$3 million	Eastwood Bank ST Charles
La Marque Bank	La Marque	TX	September 10, 1987	$6.3 million	$6.2 million	$1 million	First Bank of La Marque
Waxahachie Bank & Trust Company	Waxahachie	TX	September 10, 1987	$68.9 million	$66.2 million	$21.7 million	Merchants State Bank
The First National Bank of Tipton	Tipton	OK	September 3, 1987	$8.2 million	$7.2 million	$4.4 million	First National Bank in A
The First National Bank of Hammon	Hammon	OK	September 3, 1987	$6.3 million	$5.8 million	$1.6 million	American National Bank
Rocky Mountain State Bank	Salt Lake City	UT	August 28, 1987	$18.6 million	$17.9 million	$3 million	Citibank Utah
Citizens Bank of Glendale	Denver	CO	August 27, 1987	$4.4 million	$4 million	$406,278	Prudential Bank
Bank of North America	Houston	TX	August 27, 1987	$34.5 million	$31.2 million	$10.2 million	Texas Commerce Bank NA
People's State Bank of Mazeppa	Mazeppa	MN	August 21, 1987	$21.6 million	$20.2 million	$4.9 million	First State Bank of Red
Sunbelt FS&LA	Watonga	OK	August 20, 1987	$65.5 million	$60.1 million	$35.4 million	Chisholm FS&LA
American National Bank of Evanston	Evanston	WY	August 20, 1987	$9.1 million	$8.9 million	$4 million	Pioneer Bank of Evanston
American Exchange Bank & Trust Co	Norman	OK	August 20, 1987	$87.8 million	$95.8 million	$40.6 million	Bank of Oklahoma NA
The First State Bank	Willow	OK	August 20, 1987	$6.7 million	$6.2 million	$1.5 million	Guarantee State Bank
First Savings of La	La Place	LA	August 19, 1987	$33.6 million	$44.6 million
McNulty Banking Company	ST. Petersburg	FL	August 14, 1987	$56.6 million	$53.2 million	$6.8 million	Barnett BK of Pinellas C
The First National Bank of Luther	Luther	OK	August 13, 1987	$17.1 million	$17.6 million	$9.6 million	First Wagoner BANK&TRUST
The First National Bank of Navasota	Navasota	TX	August 13, 1987	$31.7 million	$31 million	$8.2 million	First Bank
First State Bank	Blanchard	OK	August 13, 1987	$23.6 million	$21.9 million	$12.1 million	First State Bank
Bayshore Bank of Florida	Miami	FL	August 7, 1987	$41.5 million	$40.3 million	$6.7 million	Eagle National Bank of M
Acadia S&LA	Crowley	LA	August 6, 1987	$159.9 million	$162.2 million
French Market Homestead	Metairie	LA	August 6, 1987	$321.1 million	$302.7 million
The Security State Bank	Davenport	OK	August 6, 1987	$9.4 million	$8.8 million	$3.6 million	First State Bank
Security State Bank	Roosevelt	OK	August 6, 1987	$15.2 million	$16.7 million	$9 million	First National Bank in A
Ok Federal S&LA (assistance)	El Reno	OK	July 31, 1987	$51.8 million	$87.3 million	$62.2 million	Globe Savings Bank FSB
Valley Bank of Belgrade (assistance)	Belgrade	MT	July 31, 1987	$18.6 million	$16.4 million	$3 million	Valley Bank of Belgrade
Empire National Bank	Los Angeles	CA	July 30, 1987	$8.8 million	$9.6 million	$3.1 million
Farmers State Bank	Kanawha	IA	July 30, 1987	$15.9 million	$15.3 million	$2.4 million	First NB of Clarion
The First National Bank of Yukon	Yukon	OK	July 30, 1987	$40.3 million	$41.9 million	$8.8 million	Bank of Oklahoma NA
Bank of Granite	Granite	OK	July 30, 1987	$13.2 million	$13.2 million	$2.8 million	FARMERS&MERCHANTS Bank
Freedom S&LA	Tampa	FL	July 23, 1987	$1.89 billion	$1.24 billion
Bank of Los Gatos, N.A.	Los Gatos	CA	July 23, 1987	$13.1 million	$12.9 million	$1.3 million	Bank of the West
Farmers & Merchants Bank	Eufaula	OK	July 23, 1987	$11.5 million	$13.9 million	$3.5 million	Citizens NB&T of Muskoge
Banctexas Quorum, N.A. (assistance)	Addison	TX	July 17, 1987	$21.2 million	$22.8 million	$3.7 million	Banctexas Dallas, N.A.
Banctexas Northside Houston, N.a (assistance)	Houston	TX	July 17, 1987	$61.1 million	$60.7 million	$9 million	Banctexas Houston, N.A.
Banctexas Carrollton, N.A. (assistance)	Carrollton	TX	July 17, 1987	$51.1 million	$52.2 million	$7.9 million	Banctexas Dallas, N.A.
Banctexas Allen Parkway, N.A. (assistance)	Houston	TX	July 17, 1987	$125 million	$161.9 million	$3.8 million	Banctexas Allen Parkway, N.
Banctexas Westheimer (assistance)	Houston	TX	July 17, 1987	$34.1 million	$42.5 million	$6.6 million	Banctexas Houston, N.A.
Banctexas Sulphur Springs, N.A. (assistance)	Sulphur Springs	TX	July 17, 1987	$18.3 million	$18 million	$2.7 million	Banctexas Sulphur Springs
Banctexas White Rock, N.A. (assistance)	Dallas	TX	July 17, 1987	$80.9 million	$81 million	$12.7 million	Banctexas Dallas, N.A.
Banctexas Richardson, N.A. (assistance)	Richardson	TX	July 17, 1987	$81 million	$75.6 million	$13.1 million	Banctexas Dallas, N.A.
Banctexas Houston (assistance)	Houston	TX	July 17, 1987	$45.9 million	$45 million	$8.8 million	Banctexas Houston, N.A.
Banctexas McKinney, N.A. (assistance)	McKinney	TX	July 17, 1987	$121.5 million	$119.9 million	$23.5 million	Banctexas McKinney, N.A.
Banktexas Dallas, N.A. (assistance)	Dallas	TX	July 17, 1987	$541.3 million	$382.7 million	$58 million	Banktexas Dallas, N.A.
First Continental BK of Rockrimmon, N.A.	Colorado Springs	CO	July 9, 1987	$6.6 million	$5.7 million	$4.1 million	Valley Bank
Red Oak State Bank	Red Oak	TX	July 9, 1987	$44.4 million	$42.5 million	$6.6 million	Red Oak State Bank
Provident FS&LA (assistance)	Boise	ID	July 2, 1987	$222.3 million	$210.9 million	$54.6 million	Washington FS&LA
United First FS&LA (assistance)	Boise	ID	July 2, 1987	$344.5 million	$299.6 million	$73.2 million	Washington FS&LA
Citizens Bank	Bryan	TX	July 2, 1987	$46.4 million	$44.3 million	$13.8 million	United Citizens Bank NA
Bank of Brazoria	Brazoria	TX	July 2, 1987	$24.5 million	$24 million	$3.7 million	Moulton State Bank
Fort Lee S&LA (assistance)	Fort Lee	NJ	June 30, 1987	$170.6 million	$183.3 million	$13.1 million	Ensign Bank FSB
United FS&LA	Durant	OK	June 29, 1987	$89.8 million	$78.2 million	$46.4 million	Midwest FS&LA of Minneapoli
Liberty Bank & Trust Company	Greenwood	LA	June 26, 1987	$12.6 million	$12.2 million	$5.2 million	Peoples State Bank
Lanesboro State Bank	Lanesboro	MN	June 26, 1987	$11.4 million	$11 million	$2.3 million	Goodhue Cnty NB of Red W
South Denver National Bank	Glendale	CO	June 25, 1987	$59.6 million	$61.8 million	$21.1 million	First NB of Southeast de
Eighty Niner Bank of Coyle	Coyle	OK	June 25, 1987	$6.6 million	$6 million	$1.5 million	Oklahoma State Bank
Pelican State Bank	Mansfield	LA	June 24, 1987	$7.2 million	$7 million	$3.4 million	Peoples State Bank
Investors Federal Bank	El Reno	OK	June 18, 1987	$97.5 million	$96.3 million	$60 million	Midwest FS&LA of Minneapoli
First Midwest Bank	Maryville	MO	June 18, 1987	$25.6 million	$25.7 million	$1.8 million	First Bank of Maryville
Frontier S&LA	Fairbanks	AK	June 12, 1987	$7.4 million	$8 million	$2.4 million
Whittier Thrift & Loan	Whittier	CA	June 12, 1987	$15.2 million	$14.4 million	$3.3 million	Liberty THRIFT&LOAN
Hamilton County State Bank	Lockland	OH	June 12, 1987	$13.8 million	$11.5 million		Provident Bank
Security Savings Association	Texarkana	TX	June 11, 1987	$429.8 million	$478.7 million
Northwest Commercial Bank, N.A.	Houston	TX	June 11, 1987	$14.2 million	$14.5 million	$4.7 million	Jersey Village Bank
The Benton State Bank	Benton	KS	June 11, 1987	$9.4 million	$8.8 million	$3 million	First National BANK&TRUS
First State Bank	Milford	TX	June 11, 1987	$7.3 million	$6.9 million	$1.9 million	Ellis County State Bank
Security Bank of Rich Hill (assistance)	Rich Hill	MO	June 5, 1987	$13 million	$12.7 million	$225,000	Security Bank of Rich Hill
United Bank of Texas	Austin	TX	June 4, 1987	$208.4 million	$190.4 million	$62.4 million	Mbank Austin National As
The First State Bank	Frisco	TX	June 4, 1987	$43.3 million	$43.5 million	$10.3 million	Promenade National Bank
First National Bank of Wilmont	Wilmont	MN	May 29, 1987	$13.3 million	$11.8 million	$2 million	Farmers STB of Mountain
Texas National Bank-Westheimer	Houston	TX	May 28, 1987	$26.3 million	$26.4 million	$18.1 million	Texas Capital Bank-Westw
Lake Austin National Bank	Austin	TX	May 21, 1987	$43.7 million	$43.3 million	$14.1 million	Greater TX Bank Southwes
Texas Investment Bank, N.A.	Houston	TX	May 21, 1987	$17.1 million	$15.3 million	$8 million	River Oaks Bank
Bank of Oak Grove	Oak Grove	LA	May 21, 1987	$24 million	$23.6 million	$6 million	West Carroll NB of Oak G
Independent American Sa	Irving	TX	May 20, 1987	$1.01 billion	$1.39 billion	$1.58 billion	Sunbelt Savings, FSB
Liberty S&LA	New Port Richey	FL	May 15, 1987	$98.7 million	$115.5 million
United Bank	Libby	MT	May 14, 1987	$15.4 million	$14.4 million	$1.7 million	First National Bank in L
Todd County State Bank	Long Prairie	MN	May 14, 1987	$15.4 million	$15.2 million	$2.4 million	First NB of Long Prairie
Marlin National Bank	Marlin	TX	May 14, 1987	$39.6 million	$43.7 million	$12.7 million	Bank of Longview NA
The First National Bank of Elbow Lake	Elbow Lake	MN	May 14, 1987	$14.2 million	$15.7 million	$7.7 million	First NB of Fergus Falls
Syracuse Savings Bank (assistance)	Syracuse	NY	May 13, 1987	$1.18 billion	$1.10 billion		Syracuse Savings Bank
Moreauville State Bank	Moreauville	LA	May 8, 1987	$16.8 million	$16.9 million	$3.1 million	Mansura STB Mansura La
Farmers State Bank	Maddock	ND	May 8, 1987	$11.9 million	$11.7 million	$1.1 million	Ramsey NB&T Co Devils La
North American National Bank	Littleton	CO	May 7, 1987	$9.5 million	$9 million	$3.8 million	Firstbank of Colorado NA
First State Bank of Sisseton	Sisseton	SD	May 7, 1987	$20.1 million	$19.4 million	$4.5 million	FARMERS&MERCHANTS B&T Co
American Bank of Commerce	Denver	CO	May 6, 1987	$25.5 million	$24.6 million	$10.9 million	Professional Bank of Co
Unitedbank-Houston	Houston	TX	April 30, 1987	$217.3 million	$183.4 million	$110.8 million	American Bank
Peoples State Bank	Turkey	TX	April 30, 1987	$5.8 million	$5.8 million	$1.3 million	Memphis State Bank
Heritage Bank & Trust	Salt Lake County	UT	April 29, 1987	$17.6 million	$16.2 million	$109,734	First Interstate BK of U
Liberty FS&LA	Leesville	LA	April 24, 1987	$134.9 million	$150.7 million	$121.7 million
North Central National Bank	Austin	TX	April 23, 1987	$23.4 million	$23.1 million	$11.5 million	Greater Texas Bank North
Osceola State Bank & Trust Company	Osceola	IA	April 23, 1987	$8.6 million	$7.7 million	$1.6 million	American State Bank
The Bank of North Mississippi	Oakland	MS	April 22, 1987	$14.5 million	$13.8 million	$2.7 million	Bank of Mississippi
The Peoples Bank	Collinsville	AL	April 22, 1987	$11.9 million	$11.9 million	$934,187	Bank of Geraldine
Southern Floridabanc Sa	Boca Raton	FL	April 16, 1987	$219.1 million	$256.6 million
First Commercial Bank of Texas	Houston	TX	April 16, 1987	$4.4 million	$4.7 million	$1.9 million	Omnibanc North Belt NA
First Bank of Saginaw	Saginaw	TX	April 16, 1987	$30.6 million	$29.9 million	$8.3 million	Southwest Bank
First State Bank of Forest City	Forest City	MO	April 16, 1987	$6.5 million	$6.8 million	$1.8 million
Future S&LA	Albany	OR	April 10, 1987	$57.6 million	$57.7 million	$15.8 million
Bank of Iron County	Parowan	UT	April 10, 1987	$19.8 million	$19.5 million	$3.8 million	Dixie State Bank
The Citizens State Bank	Brownstown	IN	April 10, 1987	$29 million	$27.7 million	$1.3 million	Monroe County Bank
The Southwestern Bank, N.A.	Houston	TX	April 9, 1987	$14.7 million	$14.5 million	$5.4 million	Omnibanc North Belt NA
Commonwealth Bank	Glendale	CO	April 9, 1987	$7.8 million	$7.7 million	$480,979	Prudential Bank
Deer Lodge Bank & Trust Company	Deer Lodge	MT	April 9, 1987	$15.2 million	$14.1 million	$3 million	Peoples BK of Deer Lodge
First National Bank of Braman	Braman	OK	April 9, 1987	$12.2 million	$11.7 million	$4.8 million	Community Bank
Tahoe S&LA (assistance)	South Lake Tahoe	CA	April 3, 1987	$81.2 million	$90.8 million	$41.7 million	First Network Savings Bank
The First National Bank of Herington	Herington	KS	April 2, 1987	$20.7 million	$19.9 million	$4.9 million	Bank of Herington
Equitable S&LA	Stanton	CA	March 27, 1987	$58.9 million	$83.7 million	$29.2 million
Tallulah State Bank & Trust Comp	Tallulah	LA	March 27, 1987	$31.1 million	$31.4 million	$11.9 million	Bank of ST JOSEPH&TRUST
The First State Bank in Billings	Billings	OK	March 26, 1987	$10.2 million	$10.3 million	$1.2 million	First NB&T Co Perry Okla
South Florida Savings Bank (assistance)	Davie	FL	March 25, 1987	$172 million	$176.3 million	$4.2 million	First FS&LA of Jacksonville
Western S&LA (assistance)	Salt Lake City	UT	March 24, 1987	$392.7 million	$360.8 million	$478,000	Crossland Savings FSB
Bayou FS&LA (assistance)	New Orleans	LA	March 20, 1987	$25.8 million	$28.3 million	$12.5 million	First FSB of New Orleans
First Southern Sa	Pascagoula	MS	March 20, 1987	$47.1 million	$57.2 million	$14.7 million
Vernon S&LA	Vernon	TX	March 20, 1987	$1.35 billion	$1.58 billion	$1.06 billion	Montfort Savings Associatio
First FS&LA	Hagerstown	MD	March 20, 1987	$95.7 million	$124.7 million	$77.9 million
New City Bank	Orange	CA	March 20, 1987	$26 million	$25.8 million	$5.6 million	Colonial Bank National A
Morocco State Bank	Morocco	IN	March 20, 1987	$16.3 million	$15.8 million	$1.7 million	De Motte State Bank
The Madill Bank & Trust Company	Madill	OK	March 20, 1987	$39.6 million	$39.1 million	$11.3 million	First American National
Sweeney Bank	Sweeney	TX	March 19, 1987	$19.7 million	$20.1 million	$6 million	First State Bank
Red River National Bank in Clarksville	Clarksville	TX	March 19, 1987	$22.8 million	$23.4 million	$5.3 million	State Bank of de Kalb
Clarks Fork National Bank	Fromberg	MT	March 19, 1987	$8.4 million	$8.2 million	$1.2 million	Yellowstone Bank
Perpetual SB	Los Angeles	CA	March 18, 1987	$62.5 million	$59.7 million
United Oklahoma Bank	Oklahoma City	OK	March 17, 1987	$171.9 million	$122 million	$39.6 million	United Bank of Oklahoma
Home S&LA (assistance)	Seattle	WA	March 13, 1987	$150.6 million	$117.6 million	$25.9 million	Interwest Savings Bank
Victor S&LA	Muskogee	OK	March 13, 1987	$601.3 million	$505.3 million	$236 million	Cimarron FS&LA
Beaver Creek State Bank	Beaver Creek	MN	March 13, 1987	$7.3 million	$7.1 million	$963,741	Citizens STB of Silver L
Expressway Bank	Oklahoma City	OK	March 12, 1987	$19.1 million	$20.1 million	$5.8 million	First Interstate BK of O
Plaza National Bank	Del Rio	TX	March 12, 1987	$34.3 million	$33.1 million	$18 million
Western Bank	El Paso	TX	March 12, 1987	$46.7 million	$46.1 million	$13.5 million	Mbank El Paso National A
The First National Bank of Olney	Olney	TX	March 12, 1987	$16.7 million	$17.3 million	$2.5 million	First National Bank of O
South Bay S&LA (assistance)	Gardens	CA	March 6, 1987	$61.9 million	$64.3 million	$5.3 million	Standard Pacific Savings FA
Sealy National Bank	Sealy	TX	March 5, 1987	$7.7 million	$7.6 million	$2.2 million	Austin County State Bank
First National Bank of Sapulpa	Sapulpa	OK	March 5, 1987	$7.5 million	$7.6 million	$2.5 million	American NB&T Co Sapulpa
Liberty Bank	Houston	TX	March 5, 1987	$57.2 million	$53.9 million	$17.5 million	Central Bank of Houston
First National Bank in West Concord	West Concord	MN	March 5, 1987	$9.1 million	$8.7 million	$1.4 million	Farmers STB of West Conc
The First State Bank	Rockford	IA	March 4, 1987	$15.8 million	$15.2 million	$1.4 million	First Security BANK&TRUS
Key S&LA	Englewood	CO	February 27, 1987	$241.6 million	$203.7 million	$121.7 million	Commercial FS&LA
First FS&LA of Beloit	Beloit	KS	February 27, 1987	$82.9 million	$89.7 million	$22.4 million
The Lewistown Bank	Lewistown	IL	February 27, 1987	$15.3 million	$14.9 million	$4.2 million	National Bank of Canton
First National Bank of Crosby	Crosby	TX	February 26, 1987	$7.8 million	$8 million	$2.4 million	First NB of Crosby
Central Bank & Trust Company (assistance)	Glenmora	LA	February 26, 1987	$20.6 million	$24.7 million	$10,634	Peoples B&T Natchitoches La
Farmers State Bank	Hart	TX	February 26, 1987	$9.8 million	$9.6 million	$1.2 million	Hale County State Bank
American National Bank (assistance)	Durant	OK	February 25, 1987	$9.7 million	$10.2 million	$1.1 million	First American National Bank
Hub City Bank & Trust Company	Lafayette	LA	February 20, 1987	$38 million	$38.2 million	$12.9 million	Hibernia National Bank
The First National Bank of Weslaco	Weslaco	TX	February 20, 1987	$70.7 million	$73.2 million	$16 million
First State Bank of Atmore	Atmore	AL	February 19, 1987	$12.4 million	$12.4 million		First NB of Atmore
Universal Sa, FA	Chickasha	OK	February 13, 1987	$104.6 million	$88 million	$40.4 million
Life Savings of America	Rockford	IL	February 13, 1987	$342.3 million	$339.2 million	$115.7 million
The County Bank	Manatee County	FL	February 13, 1987	$187.1 million	$159.6 million	$69.1 million	NCNB NB of Florida
First State Bank of King City, Missouri	King City	MO	February 13, 1987	$14.5 million	$14.5 million	$5.5 million	Citizens BANK&TRUST Co
Federated National Bank	Live Oak	TX	February 12, 1987	$13.6 million	$12.4 million	$4.9 million
Security National Bank	Midland	TX	February 12, 1987	$8.6 million	$8.8 million	$3.7 million
First City Bank of Atoka	Atoka	OK	February 12, 1987	$11.6 million	$12.5 million	$2.5 million	Atoka State Bank
Community Bank	Seiling	OK	February 11, 1987	$5.1 million	$5.4 million	$2.4 million	First NB of Seiling
Sunbelt National Bank	Dallas	TX	February 5, 1987	$11.4 million	$11.8 million	$5 million
Market National Bank	Denver	CO	February 5, 1987	$8.7 million	$9.4 million	$3.6 million	Womens Bank N A
Boulevard State Bank	Wichita	KS	February 5, 1987	$102.3 million	$89.6 million	$20.1 million	Union Boulevard NB
State Bank of Allison	Allison	IA	February 5, 1987	$17.4 million	$17 million	$1.5 million	Lincoln Savings Bank
Bear Creek National Bank	Bear Creek	TX	January 29, 1987	$26.6 million	$26 million	$7.5 million	Jersey Village Bank
Montgomery County Bank, N.A.	The Woodlands	TX	January 29, 1987	$48.5 million	$47.6 million	$13.9 million	Texas Commerce Bank NA
Peoples Bank & Trust Company	Holdenville	OK	January 29, 1987	$20.2 million	$18.8 million	$5.1 million	Bank National Assn
First State Bank of Pattonsburg	Pattonburg	MO	January 29, 1987	$5.9 million	$5.8 million	$1.5 million
The La Pryor State Bank	La Pryor	TX	January 29, 1987	$5.7 million	$5.4 million	$1.6 million	Zavala County Bank
The Farmers National Bank of Remington	Remington	IN	January 29, 1987	$34.7 million	$33.5 million	$7.8 million	Lafayette National Bank
North America S&LA	Santa Anna	CA	January 23, 1987	$220.3 million	$220.5 million	$98.9 million
First Sierra Bank	Bishop	CA	January 23, 1987	$23.2 million	$23 million	$4.1 million	Security Pacific NB
The First National Bank of Marlborough	Marlborough	MA	January 23, 1987	$60.7 million	$55.9 million	$18.7 million	Worcester Cnty Inst for
National Bank of Frederick	Frederick	OK	January 22, 1987	$23.8 million	$22.4 million	$10.5 million	First National BANK&TRUS
Magic Valley S&LA (assistance)	Weslaco	TX	January 16, 1987	$103.4 million	$116.5 million	$160.5 million	San Antonio FSB
First S&LA of Burkburnett	Burkburnett	TX	January 16, 1987	$204.5 million	$74.1 million	$269.4 million
Umpqua S&LA	Roseburg	OR	January 16, 1987	$108.2 million	$88.5 million	$11.9 million
The First National Bank of Skiatook	Skiatook	OK	January 15, 1987	$14 million	$13.6 million	$4.1 million	American Exchange Bank
First Charter Bank	Denver	CO	January 15, 1987	$10.1 million	$9.3 million	$3 million	Century BANK&TRUST
Latimer Bank & Trust	Latimer	IA	January 15, 1987	$23.2 million	$22 million	$3.2 million	First NB of Clarion
The First National Bank of Rush Springs	Rush Springs	OK	January 15, 1987	$12.8 million	$12.5 million	$3.7 million	First NB of Maysville
State Bank of Cuba	Cuba	IL	January 9, 1987	$18.3 million	$17.7 million	$2.5 million	National Bank of Canton
American National Bank of Grand Junction	Grand Junction	CO	January 8, 1987	$7.7 million	$7.2 million	$1.6 million	Intrawest Bank of Grand
Bowie National Bank	Bowie	TX	January 8, 1987	$12.3 million	$12.4 million	$799,679	Bowie State Bank
The Security Nat BK & TR Co. of Norman	Norman	OK	January 8, 1987	$198.7 million	$171.2 million	$86.2 million	Security NB&T Co of Norm

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
1986 204
1985 180
1984 106
1983 99
1982 119
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.