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Data / Bank failures / 1992

US bank failures in 1992: 179 banks closed

179 banks failed in 1992, holding $89.55 billion in assets and $74.69 billion in deposits. The FDIC estimates the cost to its insurance fund at $6.97 billion. The FDIC also assisted 2 open banks without closing them. The largest: Homefed Bank, FA ($12.18 billion), Crossland Savings Bank, FSB ($7.43 billion), Carteret FSB ($4.83 billion). Most by state: TX 31, CA 18, MA 17, CT 11, NJ 10.

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
The Bremen State BankBremenKSDecember 18, 1992$2.7 million$2.6 million$722,043
The Rushville National BankRushvilleINDecember 18, 1992$41.6 million$39.7 million$6 millionPeoples Trust Co
Sailors & Merchants B&T Co.ViennaVADecember 11, 1992$34.8 million$34.5 million$5 millionFirst Union Bank of Virg
Eastland BankWoonsocketRIDecember 11, 1992$85.4 million$76.2 millionFleet National Bank
Eastland Savings BankWoonsocketRIDecember 11, 1992$515.3 million$499 million$10.3 millionFleet National Bank
Meritor Savings BankPhiladelphiaPADecember 11, 1992$4.13 billion$2.91 billion$360Mellon Bank National Ass
Citizens State Bank (assistance)PrincetonTXDecember 10, 1992$12.9 million$12.8 million$246,897Citizens State Bank
Palm Beach FsaPalm Beach GardenFLDecember 8, 1992$59.4 million$54.4 million$20.9 millionSouthbank, A FSB
Second National, FSBSalisburyMDDecember 4, 1992$1.57 billion$1.16 billion$78 million
Security FederalVinelandNJDecember 4, 1992$1.19 billion$857.6 million$41.4 millionMeridian Bank, NJ
Carteret FSBMadisonNJDecember 4, 1992$4.83 billion$2.72 billion$24 million
Huntington Pacific Thrift & LoanHuntingtonCADecember 4, 1992$40.5 million$38.3 million$17.4 million
Heritage Bank for SavingsHolyokeMADecember 4, 1992$1.29 billion$1.00 billion$24 millionFleet Bank of Ma NA
Burritt Interfinancial BancorporationNew BritainCTDecember 4, 1992$523.9 million$506 million$79 millionDerby Savings Bank
Crestline FS & LaCrestlineOHNovember 20, 1992$27.5 million$26.8 million$6.9 millionPremier B&T
Polifly FS & LaNew MilfordNJNovember 20, 1992$458 million$374 million$35.1 million
Irving FB for SavingsChicagoILNovember 20, 1992$247 million$246.3 million$4.6 million
The Merchants BankKansas CityMONovember 20, 1992$1.45 billion$1.40 billion$123.2 millionBoatmen's First NB of KC
The Overland Park FS & LaOverland ParkKSNovember 13, 1992$213.4 million$95.3 million$6.4 millionConservative SB, FSB
Statewide Thrift and Loan Co.Redwood CityCANovember 13, 1992$9.6 million$9.5 million$2.3 millionFireside Thrift Co
Investors Bank and Trust CompanyGretnaLANovember 13, 1992$51.6 million$50.8 million$4.8 millionDelta BANK&TRUST Co
First New York Bank for BusinessNew YorkNYNovember 13, 1992$530.7 million$498.9 million$164.6 millionMerchants Bank of New Yo
Metro North State BankKansas CityMONovember 13, 1992$472.5 million$493.8 million$159.5 millionBoatmen's First NB of KC
Guaranty-First Trust CompanyWalthamMANovember 13, 1992$353.2 million$348.9 million$60.2 millionFleet Bank of Ma NA
First FSB of Georgia, FAWinderGANovember 6, 1992$108.2 million$97.5 million$4.4 million
Greenwood Bank of Bethel, Inc.BethelCTNovember 6, 1992$33.3 million$33.2 million$9.8 millionUnion SB of Danbury
Homestead FsaSan FranciscoCAOctober 30, 1992$1.31 billion$1.23 billion$19.2 million
First City, Texas - San AntonioSan AntonioTXOctober 30, 1992$265.7 million$259 millionThe Frost National Bank
First City, Texas - Corpus ChrisCorpus ChristiTXOctober 30, 1992$462.8 million$383.4 millionMercantile Bank, NA
First City, Texas - Aransas PassAransas PassTXOctober 30, 1992$51.7 million$47.2 millionCorpus Christi National Ban
First City, Texas - Alice, NAAliceTXOctober 30, 1992$128 million$118 millionAlice Bank of Texas
First City, Texas - Kountze, NAKountzeTXOctober 30, 1992$51.3 million$47 millionCitizens Bank
First City, Texas - El Paso, NAEl PasoTXOctober 30, 1992$395.9 million$367.3 millionSunwest Bank of El Paso
First City, Texas - Lake JacksonLake JacksonTXOctober 30, 1992$104.3 million$96.4 millionFirst Heights Bank, FSB
First City, Texas - Austin, NAAustinTXOctober 30, 1992$345.5 million$331.6 millionThe Frost National Bank
First City, Texas - Houston, NAHoustonTXOctober 30, 1992$2.80 billion$2.52 billionTexas Commerce Bancshares
First City, Texas - Sour LakeSour LakeTXOctober 30, 1992$53.5 million$48.8 millionCitizens Bank
First City, Texas - Tyler, NATylerTXOctober 30, 1992$259.2 million$231.5 millionFirst Commercial Corporatio
First City, Texas - San AngeloSan AngeloTXOctober 30, 1992$142.8 million$131.9 millionFirst National Bank of West
First City, Texas - Orange, NAOrangeTXOctober 30, 1992$132 million$122.5 millionFirst Heights Bank, FSB
First City, Texas - Midland, NAMidlandTXOctober 30, 1992$313.1 million$290 millionTexas Commerce Bancshares
First City, Texas - MadisonvilleMadisonvilleTXOctober 30, 1992$123.4 million$114.7 millionMadisonville State Bank
First City, Texas - Lufkin, NALufkinTXOctober 30, 1992$156.6 million$145.7 millionFirst Commercial Corporatio
First City, Texas - Graham, NAGrahamTXOctober 30, 1992$95.4 million$86.5 millionFirst National Bank of Olne
First City, Texas - Bryan, NABryanTXOctober 30, 1992$340.2 million$318.8 millionVictoria Bank and Trust
First City, Texas - Beaumont, NABeaumontTXOctober 30, 1992$532.2 million$488.7 millionTexas Commerce Bancshares
First City, Texas - Dallas, NADallasTXOctober 30, 1992$1.36 billion$1.31 billionTexas Commerce Bancshares
Standard FSBGaithersburgMDOctober 21, 1992$1.72 billion$1.54 billion$527.6 million
Security FS & LaJacksonMSOctober 16, 1992$276.5 million$271.4 million$42.6 million
Universal BankLanhamMDOctober 16, 1992$18 million$18.1 million$6 million
Freedom Bank (assistance)RangerTXOctober 16, 1992$20.9 million$20.3 million$3,266Peoples State Bank
Peidmont FsaManassasVAOctober 9, 1992$444.6 million$370.1 million$75.6 millionCrestar Bank
First Constitution BankNew HavenCTOctober 2, 1992$1.57 billion$1.35 billion$125.6 millionFirst Federal Bank A FSB
Eastwest Bank, N.A.KiheiHIOctober 2, 1992$3.8 million$3.4 million$870,057First Hawaiian Bank
The Howard Savings BankNewarkNJOctober 2, 1992$3.46 billion$3.38 billion$68 millionFirst Fidelity Bank NA N
Hometown BankEdisonNJSeptember 25, 1992$25.2 million$24.8 million$7.3 millionSomerset Trust Co
Highlands Community Bank, N.A.Clinton TownshipNJSeptember 25, 1992$19.7 million$19.5 million$2.5 millionSomerset Trust Co
First Exchange Bank of Little RockLittle RockARSeptember 24, 1992$24.7 million$24.4 million$1.9 millionFirst Commercial Bank NA
Plymouth Five Cents Savings BankPlymouthMASeptember 18, 1992$221 million$182.9 million$5.3 millionCitizens Bank of Ma
The Washington BankFairfax CountyVASeptember 18, 1992$28.1 million$27.9 million$5.1 millionGeorge Mason Bank
The First National Bank of YorktownYorktownTXSeptember 10, 1992$34.4 million$34.5 million$7.6 millionCitizens Bank
Potomac FSBSilver SpringMDAugust 28, 1992$72.3 million$68.8 million$32 millionMaryland FS&LA
Seacoast Savings BankDoverNHAugust 28, 1992$84.8 million$64.8 million$7.1 millionFirst S&LA of New Hampsh
The Union Savings BankPatchogueNYAugust 28, 1992$491.1 million$529.5 million$133.9 millionHome Federal Savings Ban
Attleboro Pawtucket SBPawtucketMAAugust 21, 1992$632.5 million$567.7 million$28.1 millionNew Bedford Inst for SVG
Birmingham FSBBirminghamALAugust 21, 1992$91.8 million$82.1 million$3.4 millionFirst Commercial Bank
Winchendon Savings BankWinchendonMAAugust 14, 1992$65.2 million$64 million$7.3 millionAthol Savings Bank
Citadel FS & LaCharlestonSCAugust 7, 1992$39 million$37.6 million$8.8 millionCarolina First Bank
Foxworth BankFoxworthMSAugust 7, 1992$36.5 million$36 million$5.4 millionTrustmark National Bank
Massachusetts Bank & Trust Co.BrocktonMAJuly 31, 1992$61.8 million$59.4 million$13.4 millionHaymarket Coop Bank
First Russell CountyPhenix CityALJuly 24, 1992$87 million$80.5 million$390,344
First National Bank of TexasWebsterTXJuly 23, 1992$92.1 million$91.3 million$14.2 millionFirst Prosperity Bank
New England FsaWellesleyMAJuly 17, 1992$137.3 million$118.1 million$25.9 millionCambridgeport Bank
Liberty FSBWarrentonVAJuly 17, 1992$92 million$86.9 million$12.3 millionJefferson NB
State Bank of SpringfieldSpringfieldMNJuly 17, 1992$30.3 million$28.5 million$127,067Southwest State Bank
Home FSBNorfolkVAJuly 10, 1992$224.2 million$195.2 million$42.8 millionHome SB, FSB
Southern Fsa of GeorgiaAtlantaGAJuly 10, 1992$160 million$151.4 million$8.4 million
Transohio, FSBClevelandOHJuly 10, 1992$3.37 billion$2.40 billion$52.1 million
Homefed Bank, FASan DiegoCAJuly 6, 1992$12.18 billion$8.90 billion$751.6 million
Jacksonville FsaJacksonvilleFLJune 26, 1992$150.9 million$147.5 million$25.3 millionFirst Union NB of FL
Vernon BankVernonCTJune 26, 1992$34.3 million$34.5 million$3.1 millionBank of South Windsor
Olympic International Bank & TrustBostonMAJune 26, 1992$140.3 million$142.3 million$69.2 millionHaymarket Coop Bank
The Somersworth BankSomersworthNHJune 26, 1992$114.1 million$113.5 million$18.4 millionNew Dartmouth Bank
American National Bank - Post OakHoustonTXJune 25, 1992$24.7 million$25.1 million$4.5 millionFirst Prosperity Bank
Castle Hills National BankSan AntonioTXJune 25, 1992$13.8 million$13.7 million$428,646International BK of Com
First Newport FSBNewport BeachCAJune 19, 1992$35 million$34.4 million$3.2 millionSterling B&T, FSB
Coastal FSBNew LondonCTJune 19, 1992$238.2 million$224.5 million$5.9 million
First Home FsaPittsburghPAJune 19, 1992$131.7 million$129.3 million$463,313First Home FSB, FSB
San Clemente FSBSan ClementeCAJune 12, 1992$220.4 million$205.7 million$32.8 millionHousehold Bank, FSB
Columbia Banking Fed.RochesterNYJune 12, 1992$1.28 billion$1.08 billion$40.6 million
Cherokee Valley FsaClevelandTNJune 12, 1992$142.5 million$124.4 million$347
Landmark Bank for SavingsWhitmanMAJune 12, 1992$62.1 million$48.1 million$11.2 millionAbington Savings Bank
American Interstate BankNewport BeachCAJune 12, 1992$42 million$40.8 million$7.4 millionMarine National Bank
Riverhead Savings BankRiverheadNYJune 12, 1992$388.8 million$316.6 millionBank of New York
American Savings BankWhite PlainsNYJune 12, 1992$3.20 billion$2.83 billion$431.3 millionFirst Fidelity Bank NA N
Republic FSBMattesonILJune 5, 1992$290.3 million$264.2 million$79Regency SB, FSB
First American FSBGreensboroNCJune 5, 1992$804.3 million$639.1 million$35.4 millionCentura Bank
Cooper River, FsaNorth CharlestonSCJune 5, 1992$228.9 million$201.4 million$10.7 millionFirst Citizens B&TC of SC
Volunteer FsaLittle FerryNJJune 5, 1992$51.2 million$49.4 million$5.2 millionInterchange State Bank
Home Unity FederalLafayette HillPAJune 4, 1992$684.8 million$632.3 million$18.5 million
Mayfair BankChicagoILJune 4, 1992$32.2 million$29.7 million$1.2 millionFoster Bank
The Home State BankLongtonKSJune 4, 1992$4.2 million$4.2 million$729,952
North American Thrift and LoanCorona Del MarCAMay 29, 1992$21.3 million$20.9 million$4.5 million
Workingmen's Co-Operative BankBostonMAMay 29, 1992$223.7 million$189.9 million$12.9 millionFirst NB of Boston
Powder Mill BankMorris PlainsNJMay 22, 1992$49.6 million$47.9 million$6.9 millionValley National Bank
First FsaLewistonMEMay 21, 1992$83 million$76.3 million$11.8 millionKingfield SB
Malden Trust CompanyMaldenMAMay 15, 1992$225.2 million$238.5 million$39.4 millionEastern Bank
Shenandoah FsaMartinsburgWVMay 8, 1992$94.2 million$69 million$5.1 millionBlue Ridge Bank
Brookfield BankBrookfieldCTMay 8, 1992$60.7 million$68.7 million$41.7 millionBristol Federal Savings
First Exchange Bank North ST. LouisFlorissantMOMay 7, 1992$45.9 million$47 millionFirst Bank A Savings Ban
First Exchange Bank of ST. LouisST. LouisMOMay 7, 1992$55.6 million$60.9 million$7.1 millionMagna BK ST Louis Clayto
First Exchange Bank of Cape GirardeauCape GirardeauMOMay 7, 1992$84.4 million$87 million$9.7 millionCommerce BK Poplar Bluff
First Exchange Bank of Madison CountyFredericktownMOMay 7, 1992$34.8 million$34.2 million$1.6 millionCommerce BK ST Francois
Jackson Exchange Bank & Trust CoJacksonMOMay 7, 1992$123.3 million$127.8 million$16.4 millionBoatmens NB Cape Girarde
The Financial Center Bank, N.A.San FranciscoCAMay 4, 1992$225.2 million$218.8 million$25.6 million
Metropolitan Bank, N.A.WashingtonDCMay 1, 1992$27.1 million$27.1 million$2.2 millionAdams National Bank
Southstate Bank for SavingsBrocktonMAApril 24, 1992$285.9 million$267.5 million$10.5 millionBaybank
First South SBColumbiaSCApril 24, 1992$57 million$48.5 million$7.5 millionSouthtrust Bank of Charlest
First FSB of South DakotaRapid CitySDApril 24, 1992$155.9 million$169.9 million$24.1 millionMetropolitan FB, FSB
Shore Bank & Trust Co.LynnMAApril 24, 1992$183.2 million$184.2 million$70.6 millionEastern Bank
The Norwalk BankNorwalkCTApril 24, 1992$80.6 million$77.2 million$17.4 millionBank of Darien
Valley Commercial BankStocktonCAApril 24, 1992$30.8 million$29.4 million$4.8 millionUnion Safe Deposit Bank
Federal Sa of VirginiaFalls ChurchVAApril 10, 1992$31.5 million$29.6 million$14.5 millionFairfax B&TC
Valley FS & LaVan NuysCAApril 10, 1992$2.00 billion$1.55 billion$124.4 millionAmerican SB, FA
Security First FS & LaDaytona BeachFLApril 10, 1992$1.01 billion$904.2 million$24.1 millionFirst Union NB of FL
Fairfield County Trust CompanyStamfordCTApril 9, 1992$132.4 million$132 million$19.2 millionChase Manhattan BK of CT
Red Bird Bank of DallasDallasTXApril 9, 1992$38.6 million$37.7 million$10.5 millionBank of the SW of Dallas
Commonwealth FSBManassasVAApril 3, 1992$72.5 million$64.8 million$16.4 millionFairfax B&TC
First State SaSedaliaMOApril 3, 1992$166.1 million$163.9 million$2,023Mercantile Bank of Sedalia
Summit National BankTorringtonCTApril 3, 1992$91.4 million$89.8 million$22.8 millionAmerican Bank of Connect
The Bank of Beverly HillsBeverly HillsCAApril 3, 1992$125.9 million$122.3 million$25 million
First Community Bank of CherokeeWoodstockGAMarch 31, 1992$35.6 million$33.7 million$6.9 millionEtowah Bank
Flagler FS & LaMiamiFLMarch 27, 1992$1.60 billion$1.49 billion$101.6 millionFirst Union NB of FL
Placer Bank of CommerceRosevilleCAMarch 27, 1992$34.8 million$33.1 million$5.3 millionAmerican River Bank
Vanguard Savings BankHolyokeMAMarch 27, 1992$427.9 million$432.6 million$120.5 millionFleet Bank of Ma NA
Theodore Roosevelt National BankWashingtonDCMarch 26, 1992$13.8 million$13.6 million$3.4 millionIndustrial Bank of Wa
American Bank of CommerceOklahoma CityOKMarch 26, 1992$13.5 million$13.8 million$2.3 millionRockwell Bank National A
United Mercantile B & T Co, N.A.PasadenaCAMarch 20, 1992$36.5 million$37.7 million$12.4 millionOnecentral Bank
The Bank for SavingsMaldenMAMarch 20, 1992$398 million$392.7 million$21.7 millionMedford Savings Bank
Independence BankPlanoTXMarch 19, 1992$21.8 million$20.8 million$2.8 millionFirst Western National B
Southside National BankNacogdochesTXMarch 19, 1992$12 million$12 million$3.3 millionFredonia State Bank
Farmers & Merchants BankTryonOKMarch 19, 1992$4.3 million$4.1 million$939,612Union NB of Chandler
First Security Bank of AnacondaAnacondaMTMarch 16, 1992$31.6 million$30.2 million$6 millionBank of Montana Anaconda
Carrolton HomeNew OrleansLAMarch 13, 1992$35.9 million$32.6 million$2.2 millionLiberty B&TC
First Ohio SB, FSBST. BernardOHMarch 13, 1992$40.8 million$31.8 million$228Patriot FSB
Broadway BankPatersonNJMarch 13, 1992$400.5 million$383.3 million$76.2 millionHudson United Bank
Ukranian FS & LaPhiladelphiaPAMarch 12, 1992$74.9 million$72.6 million$8.9 million
Progressive National Bank of RayneRayneLAMarch 12, 1992$11.4 million$11.2 million$1.7 millionST Landry BANK&TRUST Co
New Heritage BankLawrenceMAMarch 6, 1992$99.8 million$99.9 million$19.3 millionFirst NB of Boston
Vista FsaRestonVAFebruary 28, 1992$113.2 million$108.7 million$36.9 millionEastern American Bank, FSB
Alpha Indian Rock FS & LaPhiladelphiaPAFebruary 28, 1992$7.2 million$7.7 million$2.8 millionRoxborough-Manayunk
Lemont FsaLemontILFebruary 28, 1992$193.7 million$188.8 million$53 million
Irvington FSBGlen BurnieMDFebruary 28, 1992$43.8 million$43.2 million$5.1 millionArundel FSB
Colony Savings BankWallingfordCTFebruary 28, 1992$35.7 million$32.8 million$5.7 millionNew Haven Savings Bank
Mission Viejo National BankMission ViejoCAFebruary 28, 1992$114.6 million$102.4 million$31.4 million
Columbia BankAvondaleAZFebruary 27, 1992$17 million$16.9 million$3.7 millionValley NB of Arizona
The Bank of Brandywine ValleyWest ChesterPAFebruary 21, 1992$44.9 million$47.3 million$12.1 millionWilmington Trust Co
National City BankCoral SpringsFLFebruary 21, 1992$19 million$18.6 million$2.6 millionIntercontinental Bank
Dollar Dry Dock BankWhite PlainsNYFebruary 21, 1992$4.03 billion$3.73 billion$309.1 millionEmigrant Savings Bank
The Central Savings BankLowellMAFebruary 14, 1992$369.1 million$354.2 million$26.7 millionMassbank for Savings
United Savings of America, FAMelbourneFLFebruary 7, 1992$327.2 million$293.4 million$15.4 millionBarnett Bank of Central FL
Merchants National BankFort MyersFLFebruary 7, 1992$35.1 million$35.3 million$5.2 millionFounders National Trust
Kempton State BankKemptonILFebruary 7, 1992$3.6 million$3.6 million$564,121Vermilion Valley Bank
Landmark Bank of Forth WorthFort WorthTXFebruary 6, 1992$80.5 million$80.5 million$17.5 millionCentral BANK&TRUST
Security FsaPanama CityFLJanuary 31, 1992$107.1 million$100.4 million$16 million
Pelican Homestead SaMetairieLAJanuary 31, 1992$1.28 billion$1.49 billion$288.3 millionFirst Commerce Corp.
Sentinel BankHartfordCTJanuary 31, 1992$74.8 million$73.5 million$27.5 millionSociety for Savings
Fountain BankScottsdaleAZJanuary 31, 1992$15.6 million$16.1 million$4.7 millionBank of Arizona
Atlantic Trust CompanyNewingtonNHJanuary 30, 1992$21.2 million$22.7 million$5.8 millionFleet Bank-Nh
Independence BankLos AngelesCAJanuary 30, 1992$535.8 million$547.6 million$137.2 million
Advanced FSBNorthridgeCAJanuary 24, 1992$23.1 million$23.6 million$19.3 million
Banco Nacional, National AssociationSan JuanPRJanuary 24, 1992$52.1 million$48.9 million$8 millionEUROBANK&TRUST Co
Crossland Savings Bank, FSBBrooklynNYJanuary 24, 1992$7.43 billion$5.51 billion$753.4 millionPublic Stock Sale
American National Bank of New YorkFleischmannsNYJanuary 24, 1992$18 million$17.8 million$3.6 million
First State BankBangsTXJanuary 23, 1992$16.5 million$16.4 million$3 millionTexas Bank
The Bank of Verde ValleyCottonwoodAZJanuary 16, 1992$10.3 million$10.2 million$1.4 millionStockmens Bank
Hansen FSBPalm Beach GardenFLJanuary 10, 1992$51.8 million$43.4 million$10.9 millionFidelity FSB of FL
Perpetual Savings BankViennaVAJanuary 10, 1992$2.89 billion$2.45 billion$453.7 millionCrestar Bank
Hansen FsaHammontonNJJanuary 10, 1992$572.4 million$427.3 million$42.4 millionCollective FSB
The Citizens BankDallasGAJanuary 10, 1992$60.6 million$59.1 million$12.7 millionFirst NB of Paulding Cou
Assured Thrift and Loan AssociationStocktonCAJanuary 3, 1992$48.2 million$46.6 million$21 million

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.