Failed banks
3,524 failures on FDIC record, newest first.
| Institution | Failed | Headquarters | Acquired by | Assets | Deposits | Estimated loss |
|---|---|---|---|---|---|---|
| The Village BankGreat Falls, MTFailed 1988-04-22 | 1988-04-22 | Great Falls, MT | Village Bank of Great FA | $21.7M | $19.5M | $895K |
| Unity BankDayton, OHFailed 1988-04-22 | 1988-04-22 | Dayton, OH | First National Bank | $7.1M | $6.7M | $1.9M |
| Texas National BankAustin, TXFailed 1988-04-21 | 1988-04-21 | Austin, TX | $18.5M | $20.2M | $8.2M | |
| Citizens National BankColorado Springs, COFailed 1988-04-21 | 1988-04-21 | Colorado Springs, CO | State B&T of Co Springs | $18.3M | $18.4M | $7.4M |
| McAllen State BankMcAllen, TXFailed 1988-04-19 | 1988-04-19 | McAllen, TX | First City NB of Houston | $580.0M | $556.2M | $2.2M |
| Metropolitan Industrial BankDenver, COFailed 1988-04-15 | 1988-04-15 | Denver, CO | Resources Industrial Ban | $12.4M | $12.5M | $4.7M |
| Colonial Thrift and Loan AssociationCulver City, CAFailed 1988-04-15 | 1988-04-15 | Culver City, CA | Southern Pacific TH&L As | $26.8M | $24.0M | $4.6M |
| Cy-Fair Bank, National AssociationHarris County, TXFailed 1988-04-14 | 1988-04-14 | Harris County, TX | Charter NB Willowbrook | $13.9M | $14.2M | $4.8M |
| Jennings BankJennings, KSFailed 1988-04-14 | 1988-04-14 | Jennings, KS | Bank of Oberlin | $7.1M | $7.0M | $736K |
| First Federal Savings and Loan AssociationShawnee, OKFailed 1988-04-08 | 1988-04-08 | Shawnee, OK | $130.7M | $142.4M | $54.1M | |
| Citizens State Bank of Eagle BendEagle Bend, MNFailed 1988-04-08 | 1988-04-08 | Eagle Bend, MN | Lake Country State Bank | $10.0M | $9.9M | $1.7M |
| Central National BankDallas, TXFailed 1988-04-07 | 1988-04-07 | Dallas, TX | Deposit Guaranty Bank | $15.9M | $17.4M | $6.2M |
| Home State BankTrent, TXFailed 1988-04-07 | 1988-04-07 | Trent, TX | Farmers & Merchants NB Mer | $5.4M | $5.3M | $1.1M |
| First Bank & TrustTomball, TXFailed 1988-03-31 | 1988-03-31 | Tomball, TX | Hamilton National Bank | $68.7M | $59.1M | $18.7M |
| Union Bank and Trust CompanyOklahoma City, OKFailed 1988-03-31 | 1988-03-31 | Oklahoma City, OK | Union Bank & Trust Co | $182.5M | $181.8M | $11.1M |
| First National Bank of Del CityDel City, OKFailed 1988-03-25 | 1988-03-25 | Del City, OK | Lincoln National Bank | $30.9M | $28.1M | $9.0M |
| Cashion Community BankCashion, OKFailed 1988-03-24 | 1988-03-24 | Cashion, OK | Community State Bank | $6.7M | $6.6M | $2.0M |
| Century BankTulsa, OKFailed 1988-03-24 | 1988-03-24 | Tulsa, OK | Fourth NB of Tulsa | $70.8M | $69.9M | $17.0M |
| Citizens State Bank of Gibbon (Incorporated)Gibbon, MNFailed 1988-03-18 | 1988-03-18 | Gibbon, MN | Minnesota Valley Bank | $15.1M | $14.8M | $4.1M |
| State Bank of MorganMorgan, MNFailed 1988-03-18 | 1988-03-18 | Morgan, MN | Farmers & Merchants STB Sp | $20.3M | $20.0M | $2.2M |
| First National Bank of Port AllenPort Allen, LAFailed 1988-03-17 | 1988-03-17 | Port Allen, LA | Iberville Trust & Savings | $19.6M | $19.1M | $4.4M |
| First Federal Savings and Loan AssociationPaducah, KYFailed 1988-03-11 | 1988-03-11 | Paducah, KY | $130.9M | $149.1M | $31.8M | |
| First Inter-County Bank of New YorkNew York City, NYFailed 1988-03-11 | 1988-03-11 | New York City, NY | Community NB&T Co of Ny | $44.1M | $37.9M | $8.0M |
| First American Bank and Trust of FriendswoodFriendswood, TXFailed 1988-03-10 | 1988-03-10 | Friendswood, TX | $6.4M | $6.3M | $2.3M | |
| First American Bank and Trust of ManvelManvel, TXFailed 1988-03-10 | 1988-03-10 | Manvel, TX | First National Bank of A | $12.3M | $11.7M | $3.5M |
| Security Bank of Denver, National AssociationDenver, COFailed 1988-03-10 | 1988-03-10 | Denver, CO | City Center National Ban | $17.0M | $16.6M | $3.0M |
| First American Bank & Trust of BaytownBaytown, TXFailed 1988-03-10 | 1988-03-10 | Baytown, TX | Citizens B&T Co Baytown | $38.2M | $41.0M | $16.3M |
| Frenchman Valley BankPalisade, NEFailed 1988-03-10 | 1988-03-10 | Palisade, NE | $2.8M | $2.7M | $602K | |
| Hayesville Savings BankHayesville, IAFailed 1988-03-10 | 1988-03-10 | Hayesville, IA | Farmers Savings Bank | $38.0M | $37.5M | $2.0M |
| The First National Bank and Trust Company of CushingCushing, OKFailed 1988-03-10 | 1988-03-10 | Cushing, OK | American NB of Bristow | $60.3M | $61.2M | $20.0M |
| Flower Mound BankFlower Mound, TXFailed 1988-03-03 | 1988-03-03 | Flower Mound, TX | Security Bank | $17.4M | $17.6M | $3.9M |
| The Home State BankRussell, KSFailed 1988-03-03 | 1988-03-03 | Russell, KS | First NB&T Co of Salina | $59.9M | $61.9M | $10.7M |
| Collin County State BankMelissa, TXFailed 1988-02-25 | 1988-02-25 | Melissa, TX | Willow Bend National Ban | $12.5M | $12.6M | $3.4M |
| American National BankStafford, TXFailed 1988-02-25 | 1988-02-25 | Stafford, TX | Park NB of Houston | $31.3M | $30.4M | $9.2M |
| Harris County Bank-Houston, National AssociationHouston, TXFailed 1988-02-25 | 1988-02-25 | Houston, TX | Omnibanc South National | $80.7M | $81.2M | $33.4M |
| Mustang Community BankMustang, OKFailed 1988-02-18 | 1988-02-18 | Mustang, OK | First National Bank of M | $9.4M | $9.6M | $3.1M |
| The Farmers and Merchants Bank of Hill CityHill City, KSFailed 1988-02-18 | 1988-02-18 | Hill City, KS | Farmers & Merchants Bk Hil | $16.5M | $16.6M | $5.0M |
| Global BankHialeah, FLFailed 1988-02-12 | 1988-02-12 | Hialeah, FL | Ocean Bank | $21.7M | $20.4M | $7.0M |
| Basin State BankVernal, UTFailed 1988-02-12 | 1988-02-12 | Vernal, UT | Zions First National Ban | $12.0M | $11.5M | $3.4M |
| The First State Bank, White Cloud, MichiganWhite Cloud, MIFailed 1988-02-12 | 1988-02-12 | White Cloud, MI | Peoples STB of St Joseph | $36.4M | $37.4M | $10.5M |
| First Houston Bank, National AssociationHouston, TXFailed 1988-02-11 | 1988-02-11 | Houston, TX | Texas Commerce Bank NA | $33.2M | $34.6M | $11.0M |
| First State BankOilton, OKFailed 1988-02-11 | 1988-02-11 | Oilton, OK | American NB of Bristow | $13.2M | $13.3M | $3.1M |
| Bank of DallasDallas, TXFailed 1988-02-05 | 1988-02-05 | Dallas, TX | Deposit Guaranty Bank | $207.8M | $202.7M | $70.6M |
| The Bank of LouisburgLouisburg, KSFailed 1988-02-03 | 1988-02-03 | Louisburg, KS | Peoples NB&T Ottawa | $20.7M | $20.5M | $4.4M |
| Territory Savings and Loan AssociationSeminole, OKFailed 1988-01-29 | 1988-01-29 | Seminole, OK | $31.2M | $67.9M | $49.9M | |
| The Trust BankHialeah, FLFailed 1988-01-29 | 1988-01-29 | Hialeah, FL | Republic NB of Miami | $164.5M | $160.2M | $15.7M |
| Houston Commerce BankHouston, TXFailed 1988-01-28 | 1988-01-28 | Houston, TX | $41.0M | $40.1M | $8.5M | |
| Port City BankHouston, TXFailed 1988-01-28 | 1988-01-28 | Houston, TX | Channelview Bank | $60.7M | $62.3M | $13.2M |
| Bank of CasperCasper, WYFailed 1988-01-22 | 1988-01-22 | Casper, WY | First Wyoming Bank Caspe | $6.1M | $5.8M | $1.1M |
| Louisiana Commercial BankMadisonville, LAFailed 1988-01-21 | 1988-01-21 | Madisonville, LA | Pontchartrain State Bank | $26.8M | $25.7M | $6.3M |
| Sam Houston National Bank of Walker CountyHuntsville, TXFailed 1988-01-21 | 1988-01-21 | Huntsville, TX | Huntsville National Bank | $37.6M | $38.3M | $17.1M |
| Williston Basin State BankWilliston, NDFailed 1988-01-21 | 1988-01-21 | Williston, ND | First NB&T Co of Willist | $14.0M | $13.6M | $4.4M |
| United Mercantile BankShreveport, LAFailed 1988-01-21 | 1988-01-21 | Shreveport, LA | Hibernia National Bank | $86.3M | $78.2M | $26.4M |
| Cedar Vale State BankCedar Vale, KSFailed 1988-01-21 | 1988-01-21 | Cedar Vale, KS | Chisholm Trail State Ban | $11.7M | $11.5M | $2.6M |
| Northwest BankDallas, TXFailed 1988-01-21 | 1988-01-21 | Dallas, TX | American Bank of Haltom | $58.4M | $53.1M | $24.6M |
| Aredale State BankAredale, IAFailed 1988-01-20 | 1988-01-20 | Aredale, IA | First Security Bank & Trus | $9.6M | $9.1M | $313K |
| First Savings Association of East TexasSan Augustine, TXFailed 1988-01-15 | 1988-01-15 | San Augustine, TX | $61.7M | $132.4M | $96.6M | |
| Balboa National BankNational City, CAFailed 1988-01-14 | 1988-01-14 | National City, CA | $29.3M | $29.4M | $6.4M | |
| Colonial BankNew Orleans, LAFailed 1988-01-14 | 1988-01-14 | New Orleans, LA | Pontchartrain State Bank | $50.2M | $50.4M | $3.4M |
| The Moran National BankMoran, TXFailed 1988-01-14 | 1988-01-14 | Moran, TX | Peoples State Bank | $17.2M | $17.5M | $8.6M |
| The North American BankPhoenix, AZFailed 1988-01-08 | 1988-01-08 | Phoenix, AZ | Columbia Bank | $32.3M | $30.7M | $3.6M |
| Commerce Bank of PlanoPlano, TXFailed 1988-01-07 | 1988-01-07 | Plano, TX | Quinlan State Bank | $35.3M | $32.7M | $23.6M |
| First State Bank at ShoshoniShoshoni, WYFailed 1987-12-18 | 1987-12-18 | Shoshoni, WY | First STB of Thermopolis | $4.6M | $4.1M | $1.1M |
| American Bank of CommerceLake Charles, LAFailed 1987-12-17 | 1987-12-17 | Lake Charles, LA | National Bk Com Lake Cha | $35.5M | $36.2M | $4.3M |
| USBankDenton, TXFailed 1987-12-17 | 1987-12-17 | Denton, TX | United National Bank | $86.0M | $84.8M | $19.6M |
| Bank of MabankMabank, TXFailed 1987-12-17 | 1987-12-17 | Mabank, TX | First State Bank | $43.8M | $44.5M | $9.7M |
| Lewis and Clark State BankLake Oswego, ORFailed 1987-12-11 | 1987-12-11 | Lake Oswego, OR | Key Bank of Oregon | $20.3M | $19.8M | $2.5M |
| First Interstate Bank of AlaskaAnchorage, AKFailed 1987-12-11 | 1987-12-11 | Anchorage, AK | National Bank of Alaska | $367.7M | $358.9M | $104.4M |
| Heritage National BankAustin, TXFailed 1987-12-10 | 1987-12-10 | Austin, TX | Community National Bank | $53.2M | $51.0M | $19.5M |
| BancFirst-Austin, National AssociationAustin, TXFailed 1987-12-10 | 1987-12-10 | Austin, TX | Texas Capital Bank-Fort | $25.3M | $28.0M | $14.1M |
| America Bank in LouisianaMorgan City, LAFailed 1987-12-10 | 1987-12-10 | Morgan City, LA | St Mary Bank & Trust Co | $15.0M | $14.6M | $4.0M |
| Louisiana Bank & Trust Company, Crowley, LouisianaCrowley, LAFailed 1987-12-10 | 1987-12-10 | Crowley, LA | Evangeline Bank & Trust Co | $18.5M | $21.2M | $7.8M |
| The First National Bank in RhomeRhome, TXFailed 1987-12-10 | 1987-12-10 | Rhome, TX | Continental State Bank | $9.2M | $9.3M | $1.9M |
| State Bank of CommerceSlidell, LAFailed 1987-12-03 | 1987-12-03 | Slidell, LA | Peoples B&T Co of St Ber | $49.2M | $48.6M | $14.2M |
| Madison Bank and Trust CompanyRichmond, LAFailed 1987-12-03 | 1987-12-03 | Richmond, LA | Guaranty B&T Co of Delhi | $9.7M | $9.8M | $3.1M |
| Climbing Hill Savings BankClimbing Hill, IAFailed 1987-12-03 | 1987-12-03 | Climbing Hill, IA | First Trust & Savings Bank | $5.4M | $5.3M | $646K |
| State Bank of JansenJansen, NEFailed 1987-12-03 | 1987-12-03 | Jansen, NE | Security NB of Superior | $5.0M | $4.6M | $264K |
| Crofton State BankCrofton, NEFailed 1987-12-03 | 1987-12-03 | Crofton, NE | Farmers & Merchants STB Bl | $11.6M | $10.8M | $1.7M |
| Center State BankCenter, NEFailed 1987-12-03 | 1987-12-03 | Center, NE | Farmers & Merchants STB Bl | $8.4M | $8.0M | $1.6M |
| Peoples BankOlive Hill, KYFailed 1987-12-03 | 1987-12-03 | Olive Hill, KY | Commercial Bank of Grays | $40.9M | $39.5M | $7.6M |
| The First State BankOakdale, NEFailed 1987-12-03 | 1987-12-03 | Oakdale, NE | First United Bank | $5.6M | $5.4M | $500K |
| The Farmers National Bank of CordellCordell, OKFailed 1987-12-03 | 1987-12-03 | Cordell, OK | First NB of Weatherford | $62.3M | $60.3M | $33.6M |
| Republic BankOklahoma City, OKFailed 1987-11-19 | 1987-11-19 | Oklahoma City, OK | First NB in Bartlesville | $49.1M | $57.3M | $23.0M |
| The Timken State BankTimken, KSFailed 1987-11-19 | 1987-11-19 | Timken, KS | $3.1M | $3.1M | $1.3M | |
| The Alexander State BankAlexander, KSFailed 1987-11-19 | 1987-11-19 | Alexander, KS | $9.2M | $9.4M | $2.3M | |
| The People's Bank and Trust of Iberia ParishNew Iberia, LAFailed 1987-11-19 | 1987-11-19 | New Iberia, LA | New Iberia Bank | $79.1M | $76.3M | $9.1M |
| Tri-County Savings and Loan AssociationCamden, NJFailed 1987-11-13 | 1987-11-13 | Camden, NJ | First American Savings FA | $36.5M | $46.2M | $18.9M |
| West Texas State Bank of CanyonCanyon, TXFailed 1987-11-13 | 1987-11-13 | Canyon, TX | First NB of Amarillo | $20.4M | $20.0M | $3.3M |
| Tri-State National BankBelle Fourche, SDFailed 1987-11-10 | 1987-11-10 | Belle Fourche, SD | First Western Bank Sturg | $10.7M | $10.7M | $1.8M |
| Bank of Winter ParkWinter Park, COFailed 1987-11-10 | 1987-11-10 | Winter Park, CO | Bank of Aspen | $24.4M | $22.7M | $13.9M |
| Middle Park BankGranby, COFailed 1987-11-10 | 1987-11-10 | Granby, CO | Bank of Kremmling | $34.9M | $33.0M | $14.9M |
| Delta Pacific BankPittsburg, CAFailed 1987-10-30 | 1987-10-30 | Pittsburg, CA | Central Bank | $17.7M | $17.0M | $1.3M |
| American Security BankNorth Platte, NEFailed 1987-10-30 | 1987-10-30 | North Platte, NE | North Platte National Ba | $27.1M | $26.5M | $3.7M |
| Capital Bank & Trust Co.Baton Rouge, LAFailed 1987-10-30 | 1987-10-30 | Baton Rouge, LA | Sunburst Bank | $384.4M | $343.4M | $55.5M |
| Sierra Savings and Loan AssociationGardnerville, NVFailed 1987-10-23 | 1987-10-23 | Gardnerville, NV | $12.1M | $12.8M | $564K | |
| Western National BankBryan, TXFailed 1987-10-22 | 1987-10-22 | Bryan, TX | First State Bank in Cald | $22.7M | $23.8M | $8.9M |
| New World National BankPittsburgh, PAFailed 1987-10-22 | 1987-10-22 | Pittsburgh, PA | Lincoln National Bank | $14.7M | $14.8M | $2.1M |
| First State Bank of BovinaBovina, TXFailed 1987-10-22 | 1987-10-22 | Bovina, TX | First Bank of Muleshoe | $20.1M | $17.4M | $0 |
| Alaska National Bank of the NorthFairbanks, AKFailed 1987-10-22 | 1987-10-22 | Fairbanks, AK | National Bank of Alaska | $203.1M | $200.2M | $34.3M |
| Pioneer Bank of FountainFountain, COFailed 1987-10-21 | 1987-10-21 | Fountain, CO | Green Mountain Bank | $12.7M | $12.2M | $1.1M |