Number of Banks Failed in year 1986

162

* Dollar amounts in thousands
# Institution Location Date Closed Deposits Assets Estimated Loss
1 FIRST STATE BANK CACHE, OK 1986-01-09 18897 20725 4108
2 THE FIRST NATIONAL BANK OF WHITE CITY WHITE CITY, KS 1986-01-09 9239 9607 3408
3 MANHATTEN BEACH S&LA MANHATTAN BEACH, CA 1986-01-09 49569 51119 N/A
4 BANK OF DIXIE LAKE PROVIDENCE, LA 1986-01-10 36452 41444 13622
5 FIRST PROGRESSIVE BANK METAIRIE, LA 1986-01-17 37908 39362 15563
6 AMERICAN BANK OF CASPER CASPER, WY 1986-01-17 18905 20489 7066
7 PIONEER STATE BANK SALT LAKE CITY, UT 1986-01-24 10893 11698 537
8 UTAH FIRSTBANK SALT LAKE CITY, UT 1986-01-24 39601 38492 10297
9 BOHEMIAN S&LA ST. LOUIS, MO 1986-01-30 220643 242394 N/A
10 THE PEOPLES NATIONAL BANK & TRUST ALBIA, IA 1986-02-06 49408 51966 13438
11 JOHNSON COUNTY BANK TECUMSEH, NE 1986-02-07 19384 20173 4818
12 VALENCIA BANK PLACENTIA, CA 1986-02-07 99181 101081 N/A
13 MT. WHITNEY S&LA EXETER, CA 1986-02-12 83873 81642 N/A
14 PARK BANK OF FLORIDA ST. PETERSBURG, FL 1986-02-14 577791 591667 134893
15 EXECUTIVE CENTER BANK, N.A. DALLAS, TX 1986-02-14 9608 9911 3208
16 AMERICAN DIVERSIFIED SAVINGS BANK COSTA MESA, CA 1986-02-14 958953 978635 N/A
17 INTERCAPITAL S&LA JACKSONVILLE BEACH, FL 1986-02-14 70825 65233 N/A
18 FIRST NATIONAL BANK OF TIPTON TIPTON, IA 1986-02-14 18008 17896 665
19 FIRST NATIONAL BANK AT DOUGLAS DOUGLAS, WY 1986-02-21 14260 14020 4103
20 CAPITOL S&LA MOUNT PLEASANT, IA 1986-02-21 180527 192018 N/A
21 ELK CITY STATE BANK ELK CITY, OK 1986-02-21 21408 22159 7862
22 THE FIRST NATIONAL BANK OF GORMAN GORMAN, TX 1986-02-27 13623 14486 5669
23 THE FIRST NATIONAL BANK OF TEKAMAH TEKAMAH, NE 1986-03-06 20228 21166 2204
24 THE CITY NATIONAL BANK OF PLAINVIEW PLAINVIEW, TX 1986-03-06 49606 48357 1632
25 THE CITIZENS BANK OF WINIGAN WINIGAN, MO 1986-03-07 6209 6534 1270
26 FARMERS & MERCHANTS ST BK OF LAMBERTON LAMBERTON, MN 1986-03-14 16196 17139 3611
27 WILLIAMS SAVINGS BANK WILLIAMS, IA 1986-03-20 11746 12847 359
28 GUARANTY S&LA LONGVIEW, WA 1986-03-21 13877 22341 N/A
29 FIRST STATE BANK MEMPHIS, TX 1986-03-27 16307 17008 4708
30 FIRST STATE BANK WHITE CLOUD, KS 1986-03-27 5597 6083 1399
31 STOCKHOLM STATE BANK STOCKHOLM, SD 1986-03-27 6644 7154 991
32 WESTWOOD S&LA LOS ANGELES, CA 1986-03-27 550570 583179 N/A
33 FAMILY BANK OGDEN, UT 1986-03-28 24673 27979 2764
34 FARMERS & MERCHANTS BANK OF HUNTSVILLE HUNTSVILLE, MO 1986-03-28 17590 16603 4718
35 INDUSTRIAL NATIONAL BANK OF EAST CHICAGO EAST CHICAGO, IN 1986-04-03 8146 8387 1180
36 EDDY COUNTY NATIONAL BANK CARLSBAD, NM 1986-04-03 26541 30352 10919
37 MAINLAND S&LA HOUSTON, TX 1986-04-04 873609 1003281 N/A
38 THE PEOPLES BANK OF MERCER MERCER, MO 1986-04-10 10456 10412 1987
39 THE FIRST NATIONAL BANK OF RUSTON RUSTON, LA 1986-04-10 31047 31539 2287
40 THE NATIONAL BANK DYERSVILLE, IA 1986-04-10 39806 43038 11234
41 CENTER NATIONAL BANK LOS ANGELES, CA 1986-04-11 45728 47721 10939
42 GATEWAY SB SAN FRANCISCO, CA 1986-04-14 166948 155852 N/A
43 SUMMIT S&LA PARK CITY, UT 1986-04-16 180733 210684 N/A
44 FLORIDA CENTER BANK ORLANDO, FL 1986-04-18 72235 78891 14758
45 UNION COUNTY BANK MAYNARDVILLE, TN 1986-04-22 30436 32902 3473
46 THE FIRST NATIONAL BANK OF BANDERA BANDERA, TX 1986-04-24 15062 15541 2459
47 FIRST NATIONAL BANK OF IRVING IRVING, TX 1986-04-24 37809 38462 5247
48 THE BEDFORD NATIONAL BANK BEDFORD, IA 1986-05-01 18365 19323 4648
49 BANK OF NORTONVILLE NORTONVILLE, KS 1986-05-01 6472 7249 2473
50 THE FIRST NATIONAL BANK OF CARTER CARTER, OK 1986-05-01 6714 7344 1508
51 BANK OF COMMERCE & TRUST COMPANY TULSA, OK 1986-05-08 154279 182653 52895
52 FIRST BANK & TRUST OF IDAHO MALAD CITY, ID 1986-05-09 51885 55867 17244
53 RAINSVILLE BANK RAINSVILLE, AL 1986-05-09 16081 17489 566
54 SADDLEBACK NATIONAL BANK LAGUNA HILLS, CA 1986-05-15 13112 13454 3937
55 THE CITIZENS STATE BANK OF ST. FRANCIS ST. FRANCIS, KS 1986-05-15 22073 24189 8430
56 CONSOLIDATED SAVINGS BANK IRVINE, CA 1986-05-22 78422 84370 N/A
57 FIRST STATE BANK & TRUST COMPANY EDINBURG, TX 1986-05-23 136979 137947 21671
58 CENTENNIAL STATE BANK OF COLORADO ENGLEWOOD, CO 1986-05-23 20210 20357 2050
59 SUNSHINE STATE BANK SOUTH MIAMI, FL 1986-05-23 103092 109404 58532
60 ROSELAND STATE BANK ROSELAND, NE 1986-05-28 11237 12020 662
61 THE FIRST NATIONAL BK & TR CO. OF NORMAN NORMAN, OK 1986-05-29 75727 73170 28732
62 THE LONE ROCK BANK, N.A. LONE ROCK, IA 1986-05-29 7165 7462 2200
63 BANCO DE AHORRO, F.S.B. MAYAGUEZ, PR 1986-05-30 30021 33961 6985
64 BANK OF COLUMBIA FALLS COLUMBIA FALLS, MT 1986-05-30 39228 41470 18393
65 SEAPOINTE S&LA CARLSBAD, CA 1986-05-31 37882 17343 N/A
66 THE CITIZENS ST BANK OF MCCRACKEN MCCRACKEN, KS 1986-06-05 10691 11396 6008
67 SECURITY BANK OF GLENROCK GLENROCK, WY 1986-06-06 5619 5993 2314
68 PETROBANK, N.A. HOUSTON, TX 1986-06-12 34624 35455 12647
69 BOSSIER BANK & TRUST COMPANY BOSSIER CITY, LA 1986-06-13 201871 215830 86182
70 THE BANK OF COMMERCE SHREVEPORT, LA 1986-06-13 74262 75430 27805
71 FIRST NATIONAL BANK OF BORGER BORGER, TX 1986-06-19 75196 80113 29463
72 THE FIRST NATIONAL BANK OF CHANUTE CHANUTE, KS 1986-06-19 46636 45414 9549
73 THE AMERICAN BANK ALMA, WI 1986-06-20 36175 40024 3258
74 UNION DEPOSIT BANK UNION, KY 1986-06-26 4998 5766 1256
75 CONTINENTAL NATIONAL BANK OF KENTUCKY LOUISVILLE, KY 1986-06-26 10188 10088 405
76 ORANGE COAST THRIFT & LOAN ASSOCIATION LOS ALAMITOS, CA 1986-06-27 12330 13966 5352
77 THE HOME STATE BANK ROCHESTER, TX 1986-06-27 8968 9157 3135
78 COMMERCIAL STATE BANK POCAHONTAS, IA 1986-06-27 42878 47880 9936
79 NATIONAL BANK OF TEXAS AUSTIN, TX 1986-07-02 31725 33378 14529
80 FARMERS STATE BANK OF CLARISSA CLARISSA, MN 1986-07-11 16791 17918 7287
81 THE FIRST NAT BK & TR CO. OF OKLAHOMA OKLAHOMA CITY, OK 1986-07-14 1301346 1754157 220721
82 NEW MEXICO NATIONAL BANK ALBUQUERQUE, NM 1986-07-17 149163 159298 34266
83 FILLMORE COUNTY BANK GENEVA, NE 1986-07-17 11175 11975 2362
84 THE BANK OF KIOWA KIOWA, KS 1986-07-17 11019 10924 5110
85 CALLAO COMMUNITY BANK CALLAO, MO 1986-07-17 5652 5671 1011
86 THE FIRST NATIONAL BANK OF SHERIDAN SHERIDAN, WY 1986-07-17 63573 69334 5576
87 FARMER'S BANK TRIMBLE, TN 1986-07-18 20248 21445 7372
88 PERMIAN BANK ODESSA, TX 1986-07-18 38366 41221 10434
89 THE FIRST NATIONAL BANK OF PRAIRIE CITY PRAIRIE CITY, IA 1986-07-24 19248 18948 1802
90 MCCUNE STATE BANK MCCUNE, KS 1986-07-24 8673 9134 1713
91 CENTRAL ILLINOIS S&LA VIRDEN, IL 1986-07-25 58893 47585 N/A
92 MOUNTAIN VALLEY BANK CONIFER, CO 1986-07-25 7346 8054 580
93 THE BANK OF PARK COUNTY BAILEY, CO 1986-07-25 5015 5950 N/A
94 MAJOR FEDERAL S&LA CINCINNATI, OH 1986-07-25 21433 24999 N/A
95 CITIZENS STATE BANK IOWA FALLS, IA 1986-07-31 53474 53963 4832
96 THE GERING NATIONAL BANK & TRUST GERING, NE 1986-07-31 70580 70213 19503
97 FIRST NATIONAL BANK IN CORDELL CORDELL, OK 1986-07-31 22814 23026 8763
98 EDEN STATE BANK EDEN, TX 1986-07-31 13225 13340 2513
99 THE FIRST NAT BANK & TRUST CO. OF EL RENO EL RENO, OK 1986-08-07 44238 47182 15522
100 GRAETTINGER STATE BANK GRAETTINGER, IA 1986-08-07 11459 11828 711
101 FIRST CITIZENS BANK DALLAS, TX 1986-08-07 105402 112668 16142
102 THE EASTON STATE BANK ESTON, KS 1986-08-07 17162 17197 3740
103 PENINSULA FS&LA SOLDOTNA, AK 1986-08-08 41337 42622 N/A
104 MEDICINE BOW STATE BANK MEDICINE BOW, WY 1986-08-08 4207 4810 1585
105 CITIZENS NATIONAL BANK & TRUST CO OKLAHOMA CITY, OK 1986-08-14 183284 179081 55820
106 THE STATE EXCHANGE BANK YATES CENTER, KS 1986-08-14 26692 27813 7531
107 MENDON STATE BANK MENDON, IL 1986-08-20 17590 18891 8019
108 UNITED BANK OF MINNEAPOLIS MINNEAPOLIS, KS 1986-08-21 22069 22692 2359
109 THE FIRST NATIONAL BANK IN RIFLE RIFLE, CO 1986-08-21 17465 17588 3374
110 DANBURY BANK DANBURY, TX 1986-08-21 9635 9358 2510
111 METROPOLITAN FS&LA HIALEAH, FL 1986-08-27 49937 49772 N/A
112 AMERICAN NATIONAL BANK OF EASTRIDGE CASPER, WY 1986-08-28 4055 4367 1187
113 ALBANY STATE BANK ALBANY, MO 1986-08-28 4921 4676 2118
114 BUENA VISTA BANK & TRUST COMPANY BUENA VISTA, CO 1986-08-28 30475 32769 12192
115 FAIRVIEW STATE BANK OF FAIRVIEW FAIRVIEW, OK 1986-09-04 23700 24000 6515
116 WESTERN BANK MIDLAND, TX 1986-09-04 70599 77432 27499
117 CENTRAL BANK & TRUST OF TULSA TULSA, OK 1986-09-10 71573 80147 13412
118 RAMONA S&LA FILLMORE, CA 1986-09-12 95957 108085 N/A
119 WESTERN S&LA DALLAS, TX 1986-09-12 1806271 1960164 N/A
120 TEXAS INDEPENDENCE BANK PASADENA, TX 1986-09-18 11976 12252 3216
121 TEXAS BANK & TRUST COMPANY LUBBOCK, TX 1986-09-19 35812 39250 11781
122 THE HOME STATE BANK LA CROSSE, KS 1986-09-25 13596 14718 5486
123 HERITAGE NATIONAL BANK RICHARDSON, TX 1986-09-25 29998 33112 14141
124 AMERICAN BANK & TRUST COMPANY LAFAYETTE, LA 1986-09-26 191717 210925 65539
125 CENTURY NATIONAL BANK HOUSTON, TX 1986-10-02 13503 15522 5250
126 FRONTIER NATIONAL BANK VISTA, CA 1986-10-02 10614 9913 1716
127 MISSOURI FARMERS BANK MOUND CITY, MO 1986-10-02 25440 25963 7219
128 COLUMBIA COMMUNITY BANK HERMISTON, OR 1986-10-03 4977 5257 1044
129 INDEPENDENT NATIONAL BANK COVINA, CA 1986-10-09 27744 28334 1401
130 UNIFIED SAVINGS BANK NORTHRIDGE, CA 1986-10-10 104759 102833 N/A
131 HOMESTEAD S&LA WOODWARD, OK 1986-10-10 149213 134982 N/A
132 VALLEY STATE BANK BAGGS, WY 1986-10-17 4611 5008 718
133 STILLWATER COMMUNITY BANK STILLWATER, OK 1986-10-23 22641 22610 7607
134 SECURITY NATIONAL BANK ANCHORAGE, AK 1986-10-23 41634 41829 21960
135 BANK OF GERING GERING, NE 1986-10-23 22157 24155 3873
136 REPUBLIC BANK BLANCHARD, LA 1986-10-31 39419 41684 11598
137 SEDGWICK COUNTY BANK JULESBURG, CO 1986-11-05 3665 3825 1482
138 THE CITIZENS STATE BANK DONNA, TX 1986-11-06 27793 27468 6912
139 THE HOME BANK SAVANNAH, MO 1986-11-06 40088 39092 7485
140 FIRST STOCK YARDS BANK ST. JOSEPH, MO 1986-11-06 31526 31589 8681
141 THE FIRST NATIONAL BANK & TR CO. ENID, OK 1986-11-06 96804 100115 27385
142 METROPOLITAN BANK & TRUST COMPANY BATON ROUGE, LA 1986-11-07 69201 70053 28671
143 CHOKIO STATE BANK CHOKIO, MN 1986-11-07 10959 11917 4880
144 THE HOXIE STATE BANK HOXIE, KS 1986-11-13 33362 35821 9004
145 FIRST NATIONAL BANK OF TEMPLE TEMPLE, OK 1986-11-14 7124 7346 511
146 THE BANK OF NORTHERN CALIFORNIA SAN JOSE, CA 1986-11-14 15774 16095 133
147 TEXANA NATIONAL BANK OF COLLEGE COLLEGE STATION, TX 1986-11-20 11897 12085 2976
148 FIRST NATIONAL BANK WILLOWS, CA 1986-11-20 59245 62962 2465
149 NORMAN BANK OF COMMERCE NORMAN, OK 1986-11-20 41632 43525 12399
150 PANHANDLE BANK & TRUST COMPANY BORGER, TX 1986-12-04 99900 112074 17761
151 FIRST NATIONAL BANK OF STEWARTVILLE STEWARTVILLE, MN 1986-12-04 18282 18475 980
152 HAYS STATE BANK HAYS, KS 1986-12-04 32252 27762 15458
153 CORDELL NATIONAL BANK CORDELL, OK 1986-12-05 73505 78649 35620
154 FIRSTSOUTH FS&LA PINE BLUFF, AR 1986-12-05 1500237 1680854 N/A
155 THE CITIZENS BANK OF WINDSOR WINDSOR, MO 1986-12-09 24271 24790 7670
156 FIRST SAVINGS OF AMERICA ORLAND PARK, IL 1986-12-12 56013 46975 N/A
157 GUARANTY FEDERAL BANK FSB CASPER, WY 1986-12-12 73471 63780 N/A
158 FIRST BANK & TRUST CO. BOOKER, TX 1986-12-18 84607 94888 35752
159 LAGO VISTA NATIONAL BANK LAGO VISTA, TX 1986-12-18 12370 11862 5312
160 LANDMARK NATIONAL BANK DENVER, CO 1986-12-18 12756 12879 4230
161 FARMERS STATE BANK LUEDERS, TX 1986-12-19 9243 9695 2969
162 LAKELAND STATE BANK PEQUOT LAKES, MN 1986-12-19 49145 49435 7013

     
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US Bank Failures Since 1934
FDIC Bank Failures since 1990


Cost of Bank Failures to FDIC


Total Deposits of All Banks Insured by FDIC since 1990


Cost of Bank Failures to FDIC

The Federal Deposit Insurance Corporation is an independent federal agency created in 1933 to promote public confidence and stability in the nation's banking system. The FDIC is often appointed as receiver for failed banks.

What is a bank failure?
 A bank failure is the closing of a bank by a federal or state banking regulatory agency. Generally, a bank is closed when it is unable to meet its obligations to depositors and others. This brochure deals with the failure of "insured banks." The term "insured bank" means a bank insured by FDIC, including banks chartered by the federal government as well as most banks chartered by the state governments. An insured bank must display an official FDIC sign at each teller window.

What is FDIC's role in a bank failure?
 In the event of a bank failure, the FDIC acts in two capacities. First, as the insurer of the bank's deposits, the FDIC pays insurance to the depositors up to the insurance limit. Second, the FDIC, as the "Receiver" of the failed bank, assumes the task of selling/collecting the assets of the failed bank and settling its debts, including claims for deposits in excess of the insured limit.



What is the purpose of FDIC deposit insurance?
 The FDIC protects depositors' funds in the unlikely event of the financial failure of their bank or savings institution. FDIC deposit insurance covers the balance of each depositor's account, dollar-for-dollar, up to the insurance limit, including principal and any accrued interest through the date of the insured bank's closing.

What is the FDIC insurance amount?
 The standard insurance amount is $250,000 per depositor, per insured bank, for each ownership category. This includes principal and accrued interest and applies to all depositors of an insured bank. Deposits in separate branches of an insured bank are not separately insured. Deposits in one insured bank are insured separately from deposits in another insured bank. Deposits maintained in different categories of legal ownership at the same bank can be separately insured. Therefore, it is possible to have deposits of more than $250,000 at one insured bank and still be fully insured. For more information on deposit insurance coverage, see the FDIC's brochure "Your Insured Deposits" which can be accessed at www.fdic.gov/deposit/deposits/insured

Who does the FDIC insure?
 Any person or entity can have FDIC insurance on a deposit. A depositor does not have to be a citizen, or even a resident of the United States. FDIC insurance only protects depositors, although some depositors may also be creditors or shareholders of an insured bank.

What does FDIC deposit insurance cover?
 FDIC insurance covers deposits received at an insured bank. Types of deposit products include checking, NOW, and savings accounts, money market deposit accounts (MMDA), and time deposits such as certificates of deposit (CDs).

What is the source of funding used by the FDIC to pay insured depositors of a failed bank?
 The FDIC's deposit insurance fund consists of premiums already paid by insured banks and interest earnings on its investment portfolio of U.S. Treasury securities. No federal or state tax revenues are involved.

How am I notified when my bank has been closed?
 The FDIC notifies each depositor in writing using the depositor's address on record with the bank. This notification is mailed immediately after the bank closes. When the failed bank is acquired by another bank; the assuming bank also notifies the depositors. This notification usually is mailed with the first bank statement after the assumption.


Source :  Federal Deposit Insurance Corporation


Notes :
* The Cost to DIF of $2.5 billion for "California National Bank" failed on 30th October,2009 is the total cost for all the 9 banks failed on that.