Failures by State
Bank Failures in Tennessee
70 FDIC-insured banks headquartered in Tennessee have failed since 1936. The most recent was Trust Company Bank on April 29, 2016. The worst year was 1984, with 12 failures. Failed banks held $6.21B in assets at closing.
70
Failures
1936 to 2016
$6.21B
Failed assets
At closing
$1.37B
Estimated DIF loss
FDIC estimate
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All Tennessee events
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Largest bank failures in Tennessee
| Date | Bank | Assets |
|---|---|---|
| Jan 27, 2012 | Tennessee Commerce Bank | $1.01B |
| Apr 19, 1991 | Metropolitan FS & La | $985.1M |
| Jun 7, 2013 | Mountain National Bank | $437.3M |
| Feb 16, 1976 | The Hamilton National Bank of Chattanooga | $412.1M |
| Aug 23, 2013 | Community South Bank | $386.9M |
| May 27, 1983 | City & County BK of Knox County | $262.5M |
| Jan 27, 2012 | Bankeast | $261.9M |
| Jul 20, 1989 | Home Federal S & L Assoc. | $204.3M |
| Jul 29, 1983 | First Peoples Bank of Washington County | $177.8M |
| Jun 15, 2012 | The Farmers Bank of Lynchburg | $163.9M |
Tennessee bank failures by year
| Year | Failures | Failed assets |
|---|---|---|
| 2016 | 1 | $19.0M |
| 2013 | 2 | $824.2M |
| 2012 | 3 | $1.43B |
| 2002 | 1 | $58.5M |
| 1992 | 1 | $142.5M |
| 1991 | 3 | $1.02B |
| 1990 | 3 | $194.8M |
| 1989 | 6 | $509.8M |
| 1986 | 2 | $54.3M |
| 1985 | 7 | $131.7M |
| 1984 | 12 | $295.5M |
| 1983 | 11 | $1.03B |
| 1982 | 3 | $42.9M |
| 1980 | 1 | $39.8M |
| 1979 | 1 | $3.5M |
| 1976 | 1 | $412.1M |
| 1939 | 2 | $1.0M |
| 1938 | 3 | $401K |
| 1937 | 2 | $264K |
| 1936 | 5 | $253K |
Every bank failure in Tennessee
| Date | Bank | Assets |
|---|---|---|
| May 27, 1983 | City & County BK of Roane CTY | $42.2M |
| May 6, 1983 | Smith County Bank | $33.0M |
| Sep 3, 1982 | Hohenwald National Bank | $27.1M |
| Apr 30, 1982 | Carroll County Bank | $8.7M |
| Feb 20, 1982 | Bank of Yorkville | $7.1M |
| Jun 28, 1980 | City & County BK of Campbell CTY | $39.8M |
| Jun 16, 1979 | Bank of Enville | $3.5M |
| Feb 16, 1976 | The Hamilton National Bank of Chattanooga | $412.1M |
| Dec 11, 1939 | Maynardville State Bank | $218K |
| Apr 28, 1939 | Ripley Savings Bank & Trust Company | $794K |
| Aug 19, 1938 | Home Bank & Trust Company | $401K |
| Jul 22, 1938 | Bethel Springs Bank | — |
| Feb 10, 1938 | Peoples Bank & Trust Company | — |
| Jul 17, 1937 | Farmers & Merchants Bank | $264K |
| Apr 15, 1937 | Robbins Bank & Trust Company | — |
| Apr 10, 1936 | Cross Plains Bank | $50K |
| Mar 27, 1936 | Clifton State Bank | $30K |
| Mar 25, 1936 | Donelson Bank & Trust Co. | — |
| Feb 1, 1936 | Farmers & Merchants Bank | $14K |
| Jan 10, 1936 | Citizens Bank of Erwin | $159K |
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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