Failed banks
3,524 failures on FDIC record, newest first.
| Institution | Failed | Headquarters | Acquired by | Assets | Deposits | Estimated loss |
|---|---|---|---|---|---|---|
| Topeka Savings AssociationTopeka, KSFailed 1987-10-20 | 1987-10-20 | Topeka, KS | $112.5M | $104.5M | — | |
| Yankee Bank for Finance and Savings, FSBBoston, MAFailed 1987-10-16 | 1987-10-16 | Boston, MA | Boston Five Cents SB FSB | $525.5M | $488.3M | $63.6M |
| First California Savings BankSan Fernando, CAFailed 1987-10-15 | 1987-10-15 | San Fernando, CA | $220.6M | $224.0M | — | |
| American National Bank of AftonAfton, WYFailed 1987-10-15 | 1987-10-15 | Afton, WY | Star Valley State Bank | $11.4M | $11.2M | $2.2M |
| Citizens State Bank of RayRay, NDFailed 1987-10-15 | 1987-10-15 | Ray, ND | First NB&T Co of Willist | $11.7M | $11.3M | $1.9M |
| The First National Bank of BrushBrush, COFailed 1987-10-08 | 1987-10-08 | Brush, CO | First Security Bank | $20.9M | $21.0M | $3.3M |
| United Services BankHartshorne, OKFailed 1987-10-08 | 1987-10-08 | Hartshorne, OK | First NB&T Co of McAlest | $15.3M | $14.2M | $5.7M |
| Citizens Bank of KrebsKrebs, OKFailed 1987-10-08 | 1987-10-08 | Krebs, OK | First NB&T Co of McAlest | $14.7M | $13.8M | $5.3M |
| State Bank of GreenwaldGreenwald, MNFailed 1987-10-02 | 1987-10-02 | Greenwald, MN | Rural American Bk Greenw | $23.3M | $19.9M | $4.3M |
| Western Bank-North Wilcrest, National AssociationHouston, TXFailed 1987-10-01 | 1987-10-01 | Houston, TX | Texas Commerce Bank NA | $41.1M | $40.6M | $12.9M |
| Western Bank - Westwood, National AssociationHouston, TXFailed 1987-10-01 | 1987-10-01 | Houston, TX | Texas Commerce Bank NA | $44.2M | $42.6M | $11.6M |
| Clay County State BankDilworth, MNFailed 1987-10-01 | 1987-10-01 | Dilworth, MN | Northwestern STB of Ulen | $10.1M | $9.9M | $1.1M |
| Western Bank-WestheimerHouston, TXFailed 1987-10-01 | 1987-10-01 | Houston, TX | Charter NB Houston | $260.6M | $256.1M | $96.3M |
| Security State BankOxford, NEFailed 1987-10-01 | 1987-10-01 | Oxford, NE | Union Bank & Trust Co | $12.2M | $11.7M | $1.8M |
| Valley State BankVan Nuys, CAFailed 1987-09-28 | 1987-09-28 | Van Nuys, CA | Capital Bank of Californ | $93.2M | $92.0M | $2.2M |
| Commonwealth BankTorrance, CAFailed 1987-09-25 | 1987-09-25 | Torrance, CA | Capital Bank of Californ | $85.1M | $83.8M | $16.7M |
| The Mayfield State Bank of Mayfield, KansasMayfield, KSFailed 1987-09-24 | 1987-09-24 | Mayfield, KS | First NB in Harper | $6.8M | $5.8M | $2.4M |
| The Murdock State BankMurdock, KSFailed 1987-09-24 | 1987-09-24 | Murdock, KS | Farmers STB of Norwich K | $9.2M | $8.0M | $2.1M |
| The Citizens BankDrumright, OKFailed 1987-09-24 | 1987-09-24 | Drumright, OK | American NB of Bristow | $35.1M | $33.4M | $14.6M |
| Twin City FSBWest Monroe, LAFailed 1987-09-19 | 1987-09-19 | West Monroe, LA | Secor Bank, FSB | $149.5M | $182.4M | $160.6M |
| Phenix Federal Savings and Loan AssociationPhenix City, ALFailed 1987-09-18 | 1987-09-18 | Phenix City, AL | $225.5M | $235.5M | — | |
| Stockmen's Bank and Trust CompanyGillette, WYFailed 1987-09-18 | 1987-09-18 | Gillette, WY | First Interstate Bk Gill | $117.4M | $111.9M | $41.1M |
| Steeplechase National BankHouston, TXFailed 1987-09-17 | 1987-09-17 | Houston, TX | Cypress National Bank | $15.9M | $14.2M | $3.7M |
| Mustang National BankMustang, OKFailed 1987-09-17 | 1987-09-17 | Mustang, OK | First National Bank of M | $12.1M | $11.5M | $2.7M |
| Breaux Bridge Bank & Trust Co.Breaux Bridge, LAFailed 1987-09-17 | 1987-09-17 | Breaux Bridge, LA | Midsouth National Bank | $22.5M | $29.8M | $13.8M |
| The Talmage State BankTalmage, KSFailed 1987-09-17 | 1987-09-17 | Talmage, KS | First National Bank | $6.7M | $6.7M | $1.3M |
| Central National Bank of New YorkNew York City, NYFailed 1987-09-11 | 1987-09-11 | New York City, NY | $180.8M | $174.7M | $58.7M | |
| First State Bank of RollingstoneRollingstone, MNFailed 1987-09-11 | 1987-09-11 | Rollingstone, MN | Eastwood Bank St Charles | $15.2M | $14.4M | $3.0M |
| La Marque BankLa Marque, TXFailed 1987-09-10 | 1987-09-10 | La Marque, TX | First Bank of La Marque | $6.3M | $6.2M | $1.0M |
| Waxahachie Bank and Trust CompanyWaxahachie, TXFailed 1987-09-10 | 1987-09-10 | Waxahachie, TX | Merchants State Bank | $68.9M | $66.2M | $21.7M |
| The First National Bank of TiptonTipton, OKFailed 1987-09-03 | 1987-09-03 | Tipton, OK | First National Bank in A | $8.2M | $7.2M | $4.4M |
| The First National Bank of HammonHammon, OKFailed 1987-09-03 | 1987-09-03 | Hammon, OK | American National Bank | $6.3M | $5.8M | $1.6M |
| Rocky Mountain State BankSalt Lake City, UTFailed 1987-08-28 | 1987-08-28 | Salt Lake City, UT | Citibank Utah | $18.6M | $17.9M | $3.0M |
| Citizens Bank of GlendaleDenver, COFailed 1987-08-27 | 1987-08-27 | Denver, CO | Prudential Bank | $4.4M | $4.0M | $406K |
| Bank of North AmericaHouston, TXFailed 1987-08-27 | 1987-08-27 | Houston, TX | Texas Commerce Bank NA | $34.5M | $31.2M | $10.2M |
| People's State Bank of MazeppaMazeppa, MNFailed 1987-08-21 | 1987-08-21 | Mazeppa, MN | First State Bank of Red | $21.6M | $20.2M | $4.9M |
| Sunbelt Federal Savings and Loan AssociationWatonga, OKFailed 1987-08-20 | 1987-08-20 | Watonga, OK | Chisholm FS&LA | $65.5M | $60.1M | $35.4M |
| American National Bank of EvanstonEvanston, WYFailed 1987-08-20 | 1987-08-20 | Evanston, WY | Pioneer Bank of Evanston | $9.1M | $8.9M | $4.0M |
| American Exchange Bank & Trust CompanyNorman, OKFailed 1987-08-20 | 1987-08-20 | Norman, OK | Bank of Oklahoma NA | $87.8M | $95.8M | $40.6M |
| The First State Bank, Willow, Okla.Willow, OKFailed 1987-08-20 | 1987-08-20 | Willow, OK | Guarantee State Bank | $6.7M | $6.2M | $1.5M |
| 1ST Savings of LouisianaLa Place, LAFailed 1987-08-19 | 1987-08-19 | La Place, LA | $33.6M | $44.6M | — | |
| McNulty Banking CompanySt. Petersburg, FLFailed 1987-08-14 | 1987-08-14 | St. Petersburg, FL | Barnett Bk of Pinellas C | $56.6M | $53.2M | $6.8M |
| The First National Bank of LutherLuther, OKFailed 1987-08-13 | 1987-08-13 | Luther, OK | First Wagoner Bank & Trust | $17.1M | $17.6M | $9.6M |
| The First National Bank of NavasotaNavasota, TXFailed 1987-08-13 | 1987-08-13 | Navasota, TX | First Bank | $31.7M | $31.0M | $8.2M |
| First State BankBlanchard, OKFailed 1987-08-13 | 1987-08-13 | Blanchard, OK | First State Bank | $23.6M | $21.9M | $12.1M |
| Bayshore Bank of FloridaMiami, FLFailed 1987-08-07 | 1987-08-07 | Miami, FL | Eagle National Bank of M | $41.5M | $40.3M | $6.7M |
| Acadia Savings and Loan AssociationCrowley, LAFailed 1987-08-06 | 1987-08-06 | Crowley, LA | $159.9M | $162.2M | — | |
| French Market Homestead Savings AssociationMetairie, LAFailed 1987-08-06 | 1987-08-06 | Metairie, LA | $321.1M | $302.7M | — | |
| The Security State Bank, Davenport, OklahomaDavenport, OKFailed 1987-08-06 | 1987-08-06 | Davenport, OK | First State Bank | $9.4M | $8.8M | $3.6M |
| Security State BankRoosevelt, OKFailed 1987-08-06 | 1987-08-06 | Roosevelt, OK | First National Bank in A | $15.2M | $16.7M | $9.0M |
| Empire National BankLos Angeles, CAFailed 1987-07-30 | 1987-07-30 | Los Angeles, CA | $8.8M | $9.6M | $3.1M | |
| Farmers State BankKanawha, IAFailed 1987-07-30 | 1987-07-30 | Kanawha, IA | First NB of Clarion | $15.9M | $15.3M | $2.4M |
| The First National Bank of YukonYukon, OKFailed 1987-07-30 | 1987-07-30 | Yukon, OK | Bank of Oklahoma NA | $40.3M | $41.9M | $8.8M |
| Bank of GraniteGranite, OKFailed 1987-07-30 | 1987-07-30 | Granite, OK | Farmers & Merchants Bank | $13.2M | $13.2M | $2.8M |
| Freedom Savings and Loan AssociationTampa, FLFailed 1987-07-23 | 1987-07-23 | Tampa, FL | $1.9B | $1.2B | — | |
| Bank of Los Gatos, National AssociationLos Gatos, CAFailed 1987-07-23 | 1987-07-23 | Los Gatos, CA | Bank of the West | $13.1M | $12.9M | $1.3M |
| Farmers & Merchants BankEufaula, OKFailed 1987-07-23 | 1987-07-23 | Eufaula, OK | Citizens NB&T of Muskoge | $11.5M | $13.9M | $3.5M |
| First Continental Bank of Rockrimmon, National AssociationColorado Springs, COFailed 1987-07-09 | 1987-07-09 | Colorado Springs, CO | Valley Bank | $6.6M | $5.7M | $4.1M |
| Red Oak State BankRed Oak, TXFailed 1987-07-09 | 1987-07-09 | Red Oak, TX | Red Oak State Bank | $44.4M | $42.5M | $6.6M |
| Citizens BankBryan, TXFailed 1987-07-02 | 1987-07-02 | Bryan, TX | United Citizens Bank NA | $46.4M | $44.3M | $13.8M |
| Bank of BrazoriaBrazoria, TXFailed 1987-07-02 | 1987-07-02 | Brazoria, TX | Moulton State Bank | $24.5M | $24.0M | $3.7M |
| United Federal Savings and Loan AssociationDurant, OKFailed 1987-06-29 | 1987-06-29 | Durant, OK | Midwest FS&LA of Minneapoli | $89.8M | $78.2M | $46.4M |
| Liberty Bank and Trust CompanyGreenwood, LAFailed 1987-06-26 | 1987-06-26 | Greenwood, LA | Peoples State Bank | $12.6M | $12.2M | $5.2M |
| Lanesboro State BankLanesboro, MNFailed 1987-06-26 | 1987-06-26 | Lanesboro, MN | Goodhue Cnty NB of Red W | $11.4M | $11.0M | $2.3M |
| South Denver National BankGlendale, COFailed 1987-06-25 | 1987-06-25 | Glendale, CO | First NB of Southeast de | $59.6M | $61.8M | $21.1M |
| Eighty Niner Bank of CoyleCoyle, OKFailed 1987-06-25 | 1987-06-25 | Coyle, OK | Oklahoma State Bank | $6.6M | $6.0M | $1.5M |
| Pelican State BankMansfield, LAFailed 1987-06-24 | 1987-06-24 | Mansfield, LA | Peoples State Bank | $7.2M | $7.0M | $3.4M |
| Investors Federal Bank, FSBEl Reno, OKFailed 1987-06-18 | 1987-06-18 | El Reno, OK | Midwest FS&LA of Minneapoli | $97.5M | $96.3M | $60.0M |
| First Midwest BankMaryville, MOFailed 1987-06-18 | 1987-06-18 | Maryville, MO | First Bank of Maryville | $25.6M | $25.7M | $1.8M |
| Frontier Savings and Loan AssociationFairbanks, AKFailed 1987-06-12 | 1987-06-12 | Fairbanks, AK | $7.4M | $8.0M | $2.4M | |
| Whittier Thrift and LoanWhittier, CAFailed 1987-06-12 | 1987-06-12 | Whittier, CA | Liberty Thrift & Loan | $15.2M | $14.4M | $3.3M |
| Hamilton County State BankLockland, OHFailed 1987-06-12 | 1987-06-12 | Lockland, OH | Provident Bank | $13.8M | $11.5M | $0 |
| Security Savings AssociationTexarkana, TXFailed 1987-06-11 | 1987-06-11 | Texarkana, TX | $429.8M | $478.7M | — | |
| Northwest Commercial Bank, National AssociationHouston, TXFailed 1987-06-11 | 1987-06-11 | Houston, TX | Jersey Village Bank | $14.2M | $14.5M | $4.7M |
| The Benton State BankBenton, KSFailed 1987-06-11 | 1987-06-11 | Benton, KS | First National Bank & Trus | $9.4M | $8.8M | $3.0M |
| First State BankMilford, TXFailed 1987-06-11 | 1987-06-11 | Milford, TX | Ellis County State Bank | $7.3M | $6.9M | $1.9M |
| United Bank of TexasAustin, TXFailed 1987-06-04 | 1987-06-04 | Austin, TX | Mbank Austin National As | $208.4M | $190.4M | $62.4M |
| The First State Bank, Frisco, TexasFrisco, TXFailed 1987-06-04 | 1987-06-04 | Frisco, TX | Promenade National Bank | $43.3M | $43.5M | $10.3M |
| The First National Bank of WilmontWilmont, MNFailed 1987-05-29 | 1987-05-29 | Wilmont, MN | Farmers STB of Mountain | $13.3M | $11.8M | $2.0M |
| Texas National Bank WestheimerHouston, TXFailed 1987-05-28 | 1987-05-28 | Houston, TX | Texas Capital Bank-Westw | $26.3M | $26.4M | $18.1M |
| Lake Austin National BankAustin, TXFailed 1987-05-21 | 1987-05-21 | Austin, TX | Greater Tx Bank Southwes | $43.7M | $43.3M | $14.1M |
| Texas Investment Bank, National AssociationHouston, TXFailed 1987-05-21 | 1987-05-21 | Houston, TX | River Oaks Bank | $17.1M | $15.3M | $8.0M |
| Bank of Oak GroveOak Grove, LAFailed 1987-05-21 | 1987-05-21 | Oak Grove, LA | West Carroll NB of Oak G | $24.0M | $23.6M | $6.0M |
| Independent American Savings and Loan AssociationIrving, TXFailed 1987-05-20 | 1987-05-20 | Irving, TX | Sunbelt Savings, FSB | $1.0B | $1.4B | $1.6B |
| Liberty Savings and Loan AssociationNew Port Richey, FLFailed 1987-05-15 | 1987-05-15 | New Port Richey, FL | $98.7M | $115.5M | — | |
| United BankLibby, MTFailed 1987-05-14 | 1987-05-14 | Libby, MT | First National Bank in L | $15.4M | $14.4M | $1.7M |
| Todd County State BankLong Prairie, MNFailed 1987-05-14 | 1987-05-14 | Long Prairie, MN | First NB of Long Prairie | $15.4M | $15.2M | $2.4M |
| Marlin National BankMarlin, TXFailed 1987-05-14 | 1987-05-14 | Marlin, TX | Bank of Longview NA | $39.6M | $43.7M | $12.7M |
| The First National Bank of Elbow LakeElbow Lake, MNFailed 1987-05-14 | 1987-05-14 | Elbow Lake, MN | First NB of Fergus Falls | $14.2M | $15.7M | $7.7M |
| Moreauville State BankMoreauville, LAFailed 1987-05-08 | 1987-05-08 | Moreauville, LA | Mansura STB Mansura La | $16.8M | $16.9M | $3.1M |
| Farmers State BankMaddock, NDFailed 1987-05-08 | 1987-05-08 | Maddock, ND | Ramsey NB&T Co Devils La | $11.9M | $11.7M | $1.1M |
| North American National BankLittleton, COFailed 1987-05-07 | 1987-05-07 | Littleton, CO | FirstBank of Colorado NA | $9.5M | $9.0M | $3.8M |
| First State BankSisseton, SDFailed 1987-05-07 | 1987-05-07 | Sisseton, SD | Farmers & Merchants B&T Co | $20.1M | $19.4M | $4.5M |
| American Bank of CommerceDenver, COFailed 1987-05-06 | 1987-05-06 | Denver, CO | Professional Bank of Co | $25.5M | $24.6M | $10.9M |
| Unitedbank - HoustonHouston, TXFailed 1987-04-30 | 1987-04-30 | Houston, TX | American Bank | $217.3M | $183.4M | $110.8M |
| Peoples State BankTurkey, TXFailed 1987-04-30 | 1987-04-30 | Turkey, TX | Memphis State Bank | $5.8M | $5.8M | $1.3M |
| Heritage Bank & TrustSalt Lake County, UTFailed 1987-04-29 | 1987-04-29 | Salt Lake County, UT | First Interstate Bk of U | $17.6M | $16.2M | $110K |
| Liberty Federal Savings and Loan AssociationLeesville, LAFailed 1987-04-24 | 1987-04-24 | Leesville, LA | $134.9M | $150.7M | $121.7M | |
| North Central National BankAustin, TXFailed 1987-04-23 | 1987-04-23 | Austin, TX | Greater Texas Bank North | $23.4M | $23.1M | $11.5M |
| Osceola State Bank & Trust Co.Osceola, IAFailed 1987-04-23 | 1987-04-23 | Osceola, IA | American State Bank | $8.6M | $7.7M | $1.6M |