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Failures by State

Bank Failures in Illinois

185 FDIC-insured banks headquartered in Illinois have failed since 1934, the 3rd most of any state or territory. The most recent was Metropolitan Capital B&T on January 30, 2026. The worst year was 1989, with 23 failures. Failed banks held $56.50B in assets at closing.

185
Failures
1934 to 2026
$56.50B
Failed assets
At closing
$6.24B
Estimated DIF loss
FDIC estimate
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All Illinois events
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Largest bank failures in Illinois

Date Bank City Assets Acquirer or resolution
Sep 11, 2009 Corus Bank, N.A. Chicago $7.00B MB Financial, N.A.
Oct 30, 2009 Park National Bank Chicago $4.68B U.S. Bank, N.A.
Feb 20, 1982 Talman Home, FS&LA Chicago $3.40B Talman Home, FS&LA
May 14, 2010 Midwest Bank and Trust Company Elmwood Park $3.17B Firstmerit Bank, N.A.
Apr 23, 2010 AMCORE Bank, N.A. Rockford $3.07B Harris N.A.
Aug 20, 2010 Shorebank Chicago $2.17B Urban Partnership Bank
Jul 27, 2001 Superior Bank, FSB Hinsdale $1.77B Charter One Bank, FSB
Jul 31, 2009 Mutual Bank Harvey $1.60B United Central Bank
Jan 11, 1990 Horizon Savings Bank, FSB Wilmette $1.22B Branch sale
Sep 27, 1991 United Savings of America Chicago $1.16B First NB of Chicago

Illinois bank failures by year

Year Failures Failed assets
2026 1 $261.2M
2025 1 $49.5M
2017 3 $498.5M
2015 2 $144.8M
2014 5 $1.49B
2013 1 $58.4M
2012 8 $2.00B
2011 9 $1.90B
2010 16 $12.37B
2009 21 $18.12B
2008 1 $38.2M
2002 1 $51.6M
2001 1 $1.77B
2000 1 $90.4M
1993 1 $20.2M
1992 5 $766.7M
1991 8 $1.53B
1990 18 $6.24B
1989 23 $4.06B
1988 1 $26.4M
1987 3 $375.8M
1986 3 $113.5M
1985 2 $17.0M
1984 5 $83.7M
1983 8 $358.6M
1982 6 $3.51B
1981 3 $147.9M
1980 1 $8.4M
1979 2 $24.8M
1978 2 $253.3M
1975 1 $74.4M
1971 1 $2.2M
1969 1 $2.1M
1963 2 $26.2M
1953 1 $17.5M
1952 1 $838K
1950 1 $1.3M
1947 1 $1.7M
1943 1 $439K
1941 1 $195K
1939 3 $50K
1938 2 —
1937 5 $649K
1936 1 —
1934 1 $374K

Every bank failure in Illinois

Date Bank City Assets Acquirer or resolution
Jan 30, 2026 Metropolitan Capital B&T Chicago $261.2M First Independence Bank
Jan 17, 2025 Pulaski Savings Bank Chicago $49.5M Millennium Bank
Dec 15, 2017 Washington Federal Bank for Savings Chicago $166.3M Royal Savings Bank
May 26, 2017 Fayette County Bank Saint Elmo $34.4M United Fidelity Bank, FSB
Jan 27, 2017 Seaway Bank and Trust Company Chicago $297.8M State Bank of Texas
May 8, 2015 Edgebrook Bank Chicago $90.0M Republic Bank of Chicago
Jan 23, 2015 Highland Community Bank Chicago $54.7M United Fidelity Bank, FSB
Oct 24, 2014 The National Republic Bank of Chicago Chicago $843.1M State Bank of Texas
Jul 25, 2014 Greenchoice Bank, FSB Chicago $70.3M Providence Bank, LLC
Jun 20, 2014 Valley Bank Moline $456.4M Great Southern Bank
May 16, 2014 Aztecamerica Bank Berwyn $66.3M Republic Bank of Chicago
Jan 17, 2014 Dupage National Bank West Chicago $53.5M Republic Bank of Chicago
Feb 15, 2013 Covenant Bank Chicago $58.4M Liberty Bank and Trust Company
Nov 2, 2012 Citizens First National Bank Princeton $924.0M Heartland Bank and Trust Company
Sep 28, 2012 First United Bank Crete $328.4M Old Plank Trail Community Bank, N.A.
Aug 3, 2012 Waukegan Savings Bank Waukegan $83.7M First Midwest Bank
Jul 20, 2012 Second Federal Savings and Loan Association of Chicago Chicago $190.9M Hinsdale Bank & Trust Company
Jun 8, 2012 Farmers' and Traders' State Bank Shabbona $43.1M First State Bank
Mar 23, 2012 Premier Bank Wilmette $268.7M International Bank of Chicago
Mar 9, 2012 New City Bank Chicago $71.2M —
Feb 10, 2012 Charter National Bank and Trust Hoffman Estates $93.9M Barrington Bank & Trust Company, N.A.
Oct 28, 2011 All American Bank Des Plaines $34.8M International Bank of Chicago
Oct 14, 2011 Country Bank Aledo $195.0M Blackhawk Bank & Trust
Aug 19, 2011 First Choice Bank Geneva $141.0M Inland Bank & Trust
Aug 5, 2011 Bank of Shorewood Shorewood $110.7M Heartland Bank and Trust Company
Jul 8, 2011 First Chicago Bank & Trust Chicago $896.9M Northbrook Bank and Trust Company
Apr 8, 2011 Western Springs National Bank and Trust Western Springs $186.7M Heartland Bank and Trust Company
Mar 25, 2011 The Bank of Commerce Wood Dale $163.1M Advantage National Bank
Feb 25, 2011 Valley Community Bank St. Charles $123.8M First State Bank
Feb 4, 2011 Community First Bank - Chicago Chicago $51.1M Northbrook Bank and Trust Company
Oct 22, 2010 First Suburban National Bank Maywood $143.5M Seaway Bank and Trust Company
Aug 20, 2010 Shorebank Chicago $2.17B Urban Partnership Bank
Aug 13, 2010 Palos Bank and Trust Company Palos Heights $493.4M First Midwest Bank
Aug 6, 2010 Ravenswood Bank Chicago $264.6M Northbrook Bank and Trust Company
Jun 4, 2010 Arcola Homestead Savings Bank Arcola $17.0M —
May 14, 2010 Midwest Bank and Trust Company Elmwood Park $3.17B Firstmerit Bank, N.A.
Apr 23, 2010 AMCORE Bank, N.A. Rockford $3.07B Harris N.A.
Apr 23, 2010 Broadway Bank Chicago $1.06B MB Financial Bank, N.A.
Apr 23, 2010 New Century Bank Chicago $447.2M MB Financial Bank, N.A.
Apr 23, 2010 Wheatland Bank Naperville $441.7M Wheaton Bank & Trust
Apr 23, 2010 Lincoln Park Savings Bank Chicago $194.6M Northbrook Bank and Trust Company
Apr 23, 2010 Peotone Bank and Trust Company Peotone $130.2M First Midwest Bank
Apr 23, 2010 Citizens Bank & Trust Company of Chicago Chicago $73.5M Republic Bank of Chicago
Mar 5, 2010 Bank of Illinois Normal $211.7M Heartland Bank and Trust Company
Feb 19, 2010 George Washington Savings Bank Orland Park $413.7M Firstmerit Bank, N.A.
Jan 15, 2010 Town Community Bank and Trust Antioch $70.8M First American Bank
Dec 18, 2009 Independent Bankers' Bank Springfield $585.5M The Independent Bankersbank
Dec 4, 2009 Benchmark Bank Aurora $173.1M MB Financial, N.A.
Oct 30, 2009 Park National Bank Chicago $4.68B U.S. Bank, N.A.
Oct 30, 2009 Community Bank of Lemont Lemont $81.8M U.S. Bank, N.A.

Source: FDIC failed-bank list. Counts are real closures by headquarters state; FDIC open-bank assistance transactions are not failures and are excluded. Assets and deposits are as reported at closing.

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