1986 Bank Mergers, Failures & Enforcement Actions

How many banks failed in 1986?

162 banks failed in 1986, with $15.31B in assets. Each failure below links to its own page.

Date	Bank	HQ	Assets	Acquirer or resolution
Aug 28, 1986	American National Bank of Eastridge	Casper, WY	$4.4M	—
Aug 27, 1986	Metropolitan FS&LA	Hialeah, FL	$49.8M	—
Aug 21, 1986	United Bank of Minneapolis	Minneapolis, KS	$22.7M	Bennington State Bank
Aug 21, 1986	The First National Bank in Rifle	Rifle, CO	$17.6M	—
Aug 21, 1986	Danbury Bank	Danbury, TX	$9.4M	Danbury State Bank
Aug 20, 1986	Mendon State Bank	Mendon, IL	$18.9M	First Midwest Bank Quinc
Aug 14, 1986	Citizens National Bank & Trust Co	Oklahoma City, OK	$179.1M	Liberty NB&T Co of Ok CI
Aug 14, 1986	The State Exchange Bank	Yates Center, KS	$27.8M	Girard National Bank
Aug 8, 1986	Peninsula FS&LA	Soldotna, AK	$42.6M	—
Aug 8, 1986	Medicine Bow State Bank	Medicine Bow, WY	$4.8M	—
Aug 7, 1986	First Citizens Bank	Dallas, TX	$112.7M	Grand Bank Northeast
Aug 7, 1986	The First Nat Bank & Trust Co. of El Reno	El Reno, OK	$47.2M	American NB of Lawton
Aug 7, 1986	The Easton State Bank	Eston, KS	$17.2M	Fort National Bank
Aug 7, 1986	Graettinger State Bank	Graettinger, IA	$11.8M	Swea City State Bank
Jul 31, 1986	The Gering National Bank & Trust	Gering, NE	$70.2M	Scottsbluff NB&T Co
Jul 31, 1986	Citizens State Bank	Iowa Falls, IA	$54.0M	Green Belt Bank&trust
Jul 31, 1986	First National Bank in Cordell	Cordell, OK	$23.0M	—
Jul 31, 1986	Eden State Bank	Eden, TX	$13.3M	Eden State Bank
Jul 25, 1986	Central Illinois S&LA	Virden, IL	$47.6M	—
Jul 25, 1986	Major Federal S&LA	Cincinnati, OH	$25.0M	Charter Oak FSB
Jul 25, 1986	Mountain Valley Bank	Conifer, CO	$8.1M	Bank of Mountain Valley
Jul 25, 1986	The Bank of Park County	Bailey, CO	$6.0M	Bank of Mountain Valley
Jul 24, 1986	The First National Bank of Prairie City	Prairie City, IA	$18.9M	Security Bank
Jul 24, 1986	McCune State Bank	McCune, KS	$9.1M	City NB of Pittsburg
Jul 18, 1986	Permian Bank	Odessa, TX	$41.2M	—
Jul 18, 1986	Farmer's Bank	Trimble, TN	$21.4M	First Tennessee Bank N.A.
Jul 17, 1986	New Mexico National Bank	Albuquerque, NM	$159.3M	First Intrst BK Albuquer
Jul 17, 1986	The First National Bank of Sheridan	Sheridan, WY	$69.3M	First Wyoming Bank-Sheri
Jul 17, 1986	Fillmore County Bank	Geneva, NE	$12.0M	York State Bank&trust Co
Jul 17, 1986	The Bank of Kiowa	Kiowa, KS	$10.9M	—
Jul 17, 1986	Callao Community Bank	Callao, MO	$5.7M	Lafayette CNTY BK Lexing
Jul 14, 1986	The First Nat BK & TR Co. of Oklahoma	Oklahoma City, OK	$1.75B	First Intrst BK Ok CTY N
Jul 11, 1986	Farmers State Bank of Clarissa	Clarissa, MN	$17.9M	First STB of Rush City
Jul 2, 1986	National Bank of Texas	Austin, TX	$33.4M	—
Jun 27, 1986	Commercial State Bank	Pocahontas, IA	$47.9M	Citizens State Bank
Jun 27, 1986	Orange Coast Thrift & Loan Association	Los Alamitos, CA	$14.0M	Capitol Thrift&loan Assn
Jun 27, 1986	The Home State Bank	Rochester, TX	$9.2M	Home State Bank
Jun 26, 1986	Continental National Bank of Kentucky	Louisville, KY	$10.1M	River City Bank Inc
Jun 26, 1986	Union Deposit Bank	Union, KY	$5.8M	Central Trust Co
Jun 20, 1986	The American Bank	Alma, WI	$40.0M	Bank of Alma
Jun 19, 1986	First National Bank of Borger	Borger, TX	$80.1M	First NB of Borger
Jun 19, 1986	The First National Bank of Chanute	Chanute, KS	$45.4M	—
Jun 13, 1986	Bossier Bank & Trust Company	Bossier City, LA	$215.8M	First NB of Shreveport
Jun 13, 1986	The Bank of Commerce	Shreveport, LA	$75.4M	Peoples B&T Natchitoches
Jun 12, 1986	Petrobank, N.A.	Houston, TX	$35.5M	—
Jun 6, 1986	Security Bank of Glenrock	Glenrock, WY	$6.0M	—
Jun 5, 1986	The Citizens St Bank of McCracken	McCracken, KS	$11.4M	—
May 31, 1986	Seapointe S&LA	Carlsbad, CA	$17.3M	—
May 30, 1986	Bank of Columbia Falls	Columbia Falls, MT	$41.5M	First Citizens Bank N.A.
May 30, 1986	Banco de Ahorro, F.S.B.	Mayaguez, PR	$34.0M	Banco Popular de Puerto

Bank failures by state in 1986: Texas (28) · California (17) · Oklahoma (17) · Kansas (14) · Iowa (11) · Missouri (10) · Louisiana (8) · Wyoming (8) · Colorado (7) · Nebraska (6) · Florida (5) · Minnesota (5) · Utah (4) · Illinois (3) · Alaska (2) · Kentucky (2) · New Mexico (2) · Tennessee (2) · Alabama (1) · Arkansas (1) · Idaho (1) · Indiana (1) · Montana (1) · Ohio (1) · Oregon (1) · Puerto Rico (1) · South Dakota (1) · Washington (1) · Wisconsin (1). Each state page lists every failure on record there.

Which banks merged in 1986?

1,128 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1986.

See the fuller list: Bank mergers 1986 with largest deals and credit union mergers ›

Date	Acquired	St	Acquirer
Dec 23, 1986	Southern National Bank of Broward County	FL	Florida National Bank
Dec 23, 1986	Barnett Bank of Southwest Florida, National Association	FL	Barnett Bank of Southwest Florida
Dec 23, 1986	St Louis Federal Savings and Loan Association	MO	Granite Bank, Federal Savings Bank
Dec 23, 1986	The Bank of Leland	MS	Union Planters Bank of Mississippi
Dec 23, 1986	NBG Financial Corporation	IN	Merchants National Corporation
Dec 22, 1986	Waukesha Motor Employees Credit Union	WI	Appletree Credit Union
Dec 22, 1986	The Citizens National Bank of Big Run	PA	Keystone National Bank
Dec 22, 1986	Ryerson Employees Credit Union	CA	First Metropolitan Credit Union
Dec 22, 1986	Southern Bank and Trust Company	GA	The Coastal Bank
Dec 22, 1986	Sun Bank/Flagler County, National Association	FL	SunTrust Bank, East Central Florida
Dec 22, 1986	The Miners National Bank of Shenandoah	PA	Heritage National Bank
Dec 22, 1986	Missouri Pacific Credit Union	MO	St. Louis Community Credit Union
Dec 22, 1986	Southern Bank Holding Company	GA	Coastal Bankshares, Inc.
Dec 20, 1986	Peoples State Bank	IN	First National Bank of Warsaw
Dec 20, 1986	Federated Bank of Chebanse	IL	Federated Bank
Dec 20, 1986	Timber Community Bank	OR	First Interstate Bank of Oregon, National Association
Dec 20, 1986	Seaway National Bank	NY	Fleet Bank
Dec 20, 1986	Macon Capital Corporation	AL	Alabama National Bancorporation
Dec 18, 1986	Post Times Empl Fcu	FL	Gold Coast Federal Credit Union
Dec 17, 1986	Bristeel Federal Credit Union	VA	Bellwood Federal Credit Union
Dec 17, 1986	Vitro Federal Credit Union	MD	Signal Financial Federal Credit Union
Dec 17, 1986	Angola State Bancorp	IN	Norwest Indiana, Inc.
Dec 16, 1986	Bank of Meigs	GA	Cairo Banking Company
Dec 16, 1986	Portland Maine City Employees Federal Credit Union	ME	GMP Credit Union
Dec 15, 1986	Mount Hood Security Bank	OR	Rainier Bank Oregon, National Association
Dec 15, 1986	Westel Federal Credit Union	CO	Mia Federal Credit Union
Dec 15, 1986	South Metro Area Credit Union	CO	Columbine Federal Credit Union
Dec 15, 1986	Forsyth County Bank	GA	Wachovia Bank of Georgia, National Association
Dec 15, 1986	The Citizens Bank	OH	The Wayne County National Bank of Wooster
Dec 15, 1986	Reynolds County Savings Bank	MO	Town & Country Bank
Dec 15, 1986	Brookside Hospital Employees Credit Union	CA	First Metropolitan Credit Union
Dec 15, 1986	Iron Savings & Loan Association	MI	D&N Bank
Dec 15, 1986	The Hartley National Bank of Bedford	PA	Mid-State Bank and Trust Company
Dec 15, 1986	The Island Bank	FL	First Union National Bank of Florida
Dec 15, 1986	Mercantile Bank of Marble Hill	MO	Mercantile Bank Stoddard/Bollinger Counties
Dec 15, 1986	Forsyth Bancshares, Inc.	GA	Wachovia Corporation of Georgia
Dec 13, 1986	The Colonial Bank of East-Central Alabama	AL	The Colonial Bank of East-Central Alabama
Dec 13, 1986	First Citizens Bank of Alabama	AL	Regions Bank
Dec 13, 1986	Prince Georges Municipal Employees Federal Credit Union	MD	Fedchoice Federal Credit Union
Dec 13, 1986	Kemco Credit Union	MI	T L C Community Credit Union
Dec 13, 1986	First Laporte Financial Corp.	IN	First of America Bank Corporation - Indiana
Dec 12, 1986	Armira Corporation Credit Union	TN	American Family Financial Service Credit Union
Dec 12, 1986	Hudson State Bank	IA	Mercantile Bank of Eastern Iowa
Dec 12, 1986	Northland Credit Union	WI	Summit Credit Union
Dec 11, 1986	Gateway National Bank	CT	Gateway Bank
Dec 10, 1986	Sanborns Federal Credit Union	ME	Truchoice Federal Credit Union
Dec 10, 1986	Arkansas State Bankcorporation, Inc.	AR	Arkansas State Bankshares, Inc.
Dec 9, 1986	Northwest Suburban Bancorp, Inc.	IL	FNW Bancorp, Inc.
Dec 8, 1986	First Federal Savings Bank	CT	People's United Bank, National Association
Dec 8, 1986	The First National Bank of Gurdon	AR	(unnamed)

Serial acquirers active in 1986: Regions Bank (3 in 1986, 110 on record) · First Union National Bank of Florida (2 in 1986, 53 on record) · Colonial Bank (2 in 1986, 47 on record) · Southeast Bank, N.A. (2 in 1986, 42 on record) · PNC Bank, N.A. (1 in 1986, 57 on record) · NationsBank, National Association (South) (1 in 1986, 49 on record) · NationsBank of Florida, National Association (1 in 1986, 48 on record) · National City Bank of Columbus (1 in 1986, 43 on record) · Florida National Bank (1 in 1986, 36 on record) · Synovus Bank (1 in 1986, 35 on record)

The list holds 500 of the 1,128 mergers recorded for 1986.

Enforcement Actions in 1986

Action date	Agency	Institution	Action
Oct 16, 1986	FDIC	An individual	Assessment of Civil Money Penalty: Redacted
Sep 23, 1986	FDIC	An individual	Removal/Prohibition Order: Redacted
Aug 12, 1986	FDIC	An individual	Assessment of Civil Money Penalty: Redacted
Aug 12, 1986	FDIC	An individual	Removal/Prohibition Order: Redacted
Aug 7, 1986	FDIC	An individual	Removal/Prohibition Order: Redacted
Jul 29, 1986	FDIC	An individual	Cease and Desist / Consent Orders: Redacted
Jul 29, 1986	FDIC	An individual	Order to Cease and Desist: Redacted
Jul 1, 1986	FDIC	An individual	Assessment of Civil Money Penalty: Redacted
Jun 30, 1986	FDIC	An individual	Removal/Prohibition Order: Redacted
Jun 16, 1986	FDIC	An individual	Cease and Desist / Consent Orders: Redacted
Jun 3, 1986	FDIC	An individual	Assessment of Civil Money Penalty: Redacted
May 5, 1986	FDIC	An individual	Assessment of Civil Money Penalty: Redacted
Apr 7, 1986	FDIC	An individual	Assessment of Civil Money Penalty: Redacted
Mar 24, 1986	FDIC	An individual	Cease and Desist / Consent Orders: Redacted
Feb 19, 1986	FDIC	An individual	Assessment of Civil Money Penalty;Cease and Desist / Consent Orders: Redacted

FDIC Open-Bank Assistance in 1986

Date	Institution	HQ	Assets
Dec 31, 1986	Lincoln FS&LA	Louisville, KY	$460.8M
Dec 31, 1986	Citizens Bank & Trust Company	Arcadia, LA	$10.4M
Dec 29, 1986	Bank of Kansas City	Kansas City, MO	$114.1M
Dec 22, 1986	St. Louis FS&LA	Clayton, MO	$955.4M
Dec 16, 1986	Barron County FS&LA	Barron, WI	$158.2M
Nov 26, 1986	Bank of Commerce	Morristown, TN	$66.6M
Nov 24, 1986	Bank of Oklahoma, Okla. City, N.A.	Oklahoma City, OK	$468.2M
Nov 21, 1986	Gulf Federal Savings Bank	Metairie, LA	$499.1M
Nov 21, 1986	First Security S&LA	Grand Junction, CO	$55.2M
Oct 31, 1986	Family FS&LA	Saginaw, MI	$338.9M
Oct 23, 1986	Farmers FS&LA	Ravenswood, WV	$131.3M
Oct 23, 1986	First State S&LA	Spartansburg, SC	$78.8M
Oct 1, 1986	Republic Savings Bank	South Beloit, IL	$56.8M
Sep 19, 1986	Cal America S&LA	Walnut Creek, CA	$413.0M
Sep 11, 1986	De Vargas S&LA Bank	Santa Fe, NM	$19.1M
Aug 30, 1986	Mid Valley Bank	Omak, WA	$39.1M
Aug 29, 1986	Citizens FS&LA	Cleveland, OH	$434.8M
Aug 29, 1986	Dollar Savings Bank	Columbus, OH	$334.3M
Aug 29, 1986	First Sa of Kilgore	Kilgore, TX	$21.6M
Aug 27, 1986	Reserve S&LA	Witchita, KS	$21.5M
Aug 15, 1986	State Bank of Westphalia	Westphalia, KS	$4.8M
Aug 1, 1986	National Permanent Bank FSB	Washington, DC	$1.03B
Jul 23, 1986	Lincoln S&LA	Portland, OR	$261.7M
Jul 18, 1986	Sun S&LA	San Diego, CA	$370.9M
Jul 14, 1986	Atlas S&LA	San Francisco, CA	$76.4M
Jul 9, 1986	Equitable FSB	Lancaster, OH	$691.5M
Jun 27, 1986	The State S&L Co.	Euclid, OH	$381.7M
Jun 27, 1986	Citizens Home Savings Company	Lorain, OH	$156.1M
Jun 6, 1986	Mountain Security SB	Wytheville, VA	$125.3M
Jun 6, 1986	First of Montgomery County	Blacksburg, VA	$14.5M
Apr 30, 1986	Washington First FS&LA	St. Louis, MO	$57.5M
Apr 16, 1986	The Talmage State Bank	Talmage, KS	$9.3M
Apr 14, 1986	Columbus S&LA	San Rafael, CA	$271.5M
Apr 14, 1986	First American S&LA	Benton, IL	$80.6M
Mar 28, 1986	United Bank, SSB	San Francisco, CA	$590.2M
Mar 20, 1986	First FS&LA of Redding	Redding, CA	$39.6M
Mar 20, 1986	Hacienda FS&LA	Oxnard, CA	$34.5M
Mar 14, 1986	Mercury S&LA of Texas	Wichita Falls, TX	$664.0M
Mar 14, 1986	Ben Milam S&LA	Cameron, TX	$306.0M
Feb 7, 1986	Coronado FS&LA	Kansas City, KS	$12.7M
Jan 31, 1986	Great West S&LA	Las Vegas, NV	$52.1M
Jan 2, 1986	First FS&LA	Ashtabula, OH	$52.8M