Failures by State
Bank Failures in Indiana
39 FDIC-insured banks headquartered in Indiana have failed since 1934. The most recent was Kentland FS&LA on July 10, 2026. The worst year was 1936, with 7 failures. Failed banks held $5.84B in assets at closing.
39
Failures
1934 to 2026
$5.84B
Failed assets
At closing
$921.6M
Estimated DIF loss
FDIC estimate
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All Indiana events
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Largest bank failures in Indiana
| Date | Bank | Assets |
|---|---|---|
| Sep 18, 2009 | Irwin Union Bank and Trust Company | $2.84B |
| Jul 29, 2011 | Integra Bank N.A. | $1.99B |
| Nov 16, 1989 | First Federal S & L /Central Indiana | $192.4M |
| Feb 10, 2012 | SCB Bank | $182.6M |
| Apr 29, 1988 | American FS&LA | $145.8M |
| Jul 13, 1989 | Pioneer Savings F.A. | $81.0M |
| Apr 19, 1984 | The Shelby Nat BK of Shelbyville | $67.8M |
| Jun 8, 1990 | Hometown Savings Bank FSB | $64.7M |
| Oct 3, 1988 | Liberty Bank & Trust Company | $48.7M |
| Dec 18, 1992 | The Rushville National Bank | $41.6M |
Indiana bank failures by year
| Year | Failures | Failed assets |
|---|---|---|
| 2026 | 1 | $3.8M |
| 2012 | 1 | $182.6M |
| 2011 | 1 | $1.99B |
| 2009 | 1 | $2.84B |
| 1992 | 1 | $41.6M |
| 1991 | 2 | $47.5M |
| 1990 | 1 | $64.7M |
| 1989 | 2 | $273.4M |
| 1988 | 2 | $194.5M |
| 1987 | 3 | $80.1M |
| 1986 | 1 | $8.4M |
| 1985 | 1 | $10.9M |
| 1984 | 2 | $85.5M |
| 1949 | 2 | $3.5M |
| 1944 | 1 | $447K |
| 1940 | 2 | $235K |
| 1939 | 3 | $168K |
| 1938 | 1 | $165K |
| 1937 | 3 | $917K |
| 1936 | 7 | $2.5M |
| 1934 | 1 | $105K |
Every bank failure in Indiana
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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