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 | Assets |
|---|---|---|
| Sep 11, 2009 | Corus Bank, N.A. | $7.00B |
| Oct 30, 2009 | Park National Bank | $4.68B |
| Feb 20, 1982 | Talman Home, FS&LA | $3.40B |
| May 14, 2010 | Midwest Bank and Trust Company | $3.17B |
| Apr 23, 2010 | AMCORE Bank, N.A. | $3.07B |
| Aug 20, 2010 | Shorebank | $2.17B |
| Jul 27, 2001 | Superior Bank, FSB | $1.77B |
| Jul 31, 2009 | Mutual Bank | $1.60B |
| Jan 11, 1990 | Horizon Savings Bank, FSB | $1.22B |
| Sep 27, 1991 | United Savings of America | $1.16B |
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
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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