Failures by State
Bank Failures in Ohio
38 FDIC-insured banks headquartered in Ohio have failed since 1935. The most recent was Resolute Bank on October 25, 2019. The worst year was 1991, with 8 failures. Failed banks held $21.96B in assets at closing.
38
Failures
1935 to 2019
$21.96B
Failed assets
At closing
$2.26B
Estimated DIF loss
FDIC estimate
→
All Ohio events
Mergers and enforcement too
Largest bank failures in Ohio
| Date | Bank | Assets |
|---|---|---|
| Dec 4, 2009 | Amtrust Bank | $11.44B |
| Jul 10, 1992 | Transohio, FSB | $3.37B |
| Mar 30, 1989 | Broadview Savings Bank | $1.78B |
| Dec 15, 1990 | Mid-America FS & La | $1.21B |
| Feb 1, 1991 | First Federal Savings of Toledo | $1.02B |
| Jul 31, 2009 | Peoples Community Bank | $606.2M |
| Sep 6, 1991 | United Home Federal | $443.4M |
| Feb 16, 1990 | Freedom Sa | $360.4M |
| Mar 30, 1989 | Midland Buckeye Savings | $218.8M |
| Aug 23, 1991 | Merchants & Mechanics FSB | $209.9M |
Ohio bank failures by year
| Year | Failures | Failed assets |
|---|---|---|
| 2019 | 1 | $23.3M |
| 2014 | 1 | $36.5M |
| 2010 | 2 | $117.8M |
| 2009 | 2 | $12.05B |
| 2007 | 1 | $125.4M |
| 2002 | 1 | $72.3M |
| 2001 | 1 | $9.1M |
| 1992 | 3 | $3.44B |
| 1991 | 8 | $1.94B |
| 1990 | 6 | $1.87B |
| 1989 | 3 | $2.10B |
| 1988 | 1 | $7.1M |
| 1987 | 1 | $13.8M |
| 1986 | 1 | $25.0M |
| 1983 | 1 | $21.0M |
| 1975 | 1 | $103.8M |
| 1958 | 1 | $4.5M |
| 1949 | 1 | $740K |
| 1936 | 1 | $1.9M |
| 1935 | 1 | $308K |
Every bank failure in Ohio
| Date | Bank | Assets |
|---|---|---|
| Oct 25, 2019 | Resolute Bank | $23.3M |
| May 23, 2014 | Columbia Savings Bank | $36.5M |
| Sep 17, 2010 | Bramble Savings Bank | $47.5M |
| Mar 19, 2010 | American National Bank | $70.3M |
| Dec 4, 2009 | Amtrust Bank | $11.44B |
| Jul 31, 2009 | Peoples Community Bank | $606.2M |
| Oct 4, 2007 | Miami Valley Bank | $125.4M |
| Feb 1, 2002 | Oakwood Deposit Bank | $72.3M |
| May 3, 2001 | Malta National Bank | $9.1M |
| Nov 20, 1992 | Crestline FS & La | $27.5M |
| Jul 10, 1992 | Transohio, FSB | $3.37B |
| Mar 13, 1992 | First Ohio SB, FSB | $40.8M |
| Sep 6, 1991 | United Home Federal | $443.4M |
| Aug 23, 1991 | Merchants & Mechanics FSB | $209.9M |
| Aug 23, 1991 | First FS & La | $73.1M |
| May 3, 1991 | Liberty SB, FSB | $17.8M |
| Apr 5, 1991 | Columbia FSA of Hamilton | $61.3M |
| Mar 15, 1991 | Arcanium FSA | $45.4M |
| Feb 22, 1991 | The McKinley Bank | $70.6M |
| Feb 1, 1991 | First Federal Savings of Toledo | $1.02B |
| Dec 15, 1990 | Mid-America FS & La | $1.21B |
| Oct 23, 1990 | Superior FSA | $95.9M |
| Jun 29, 1990 | Pioneer FS & La | $9.5M |
| Apr 20, 1990 | First Savings & Loan | $168.2M |
| Mar 9, 1990 | First Bank N.A. | $33.1M |
| Feb 16, 1990 | Freedom Sa | $360.4M |
| Jun 8, 1989 | Civic Savings Bank | $98.7M |
| Mar 30, 1989 | Broadview Savings Bank | $1.78B |
| Mar 30, 1989 | Midland Buckeye Savings | $218.8M |
| Apr 22, 1988 | Unity Bank | $7.1M |
| Jun 12, 1987 | Hamilton County State Bank | $13.8M |
| Jul 25, 1986 | Major Federal S&LA | $25.0M |
| Oct 28, 1983 | Cleveland Community Savings Co. | $21.0M |
| Feb 19, 1975 | Northern Ohio Bank | $103.8M |
| May 26, 1958 | The Rushville Banking Company | $4.5M |
| Jun 11, 1949 | The Citizens Banking Company | $740K |
| Oct 27, 1936 | The Union Bank | $1.9M |
| Jul 24, 1935 | The Farmers National Bank of Sardinia | $308K |
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.
Explore: all Ohio events · Ohio bank directory · all US bank failures · biggest failures by assets