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
May 29, 1986	The First National BK & TR Co. of Norman	Norman, OK	$73.2M	Liberty NB&T Co of Ok CI
May 29, 1986	The Lone Rock Bank, N.A.	Lone Rock, IA	$7.5M	Swea City State Bank
May 28, 1986	Roseland State Bank	Roseland, NE	$12.0M	Hastings State Bank
May 23, 1986	First State Bank & Trust Company	Edinburg, TX	$137.9M	NBC Bank-Edinburg
May 23, 1986	Sunshine State Bank	South Miami, FL	$109.4M	—
May 23, 1986	Centennial State Bank of Colorado	Englewood, CO	$20.4M	First Intrst BK Centenni
May 22, 1986	Consolidated Savings Bank	Irvine, CA	$84.4M	—
May 15, 1986	The Citizens State Bank of St. Francis	St. Francis, KS	$24.2M	St Francis State B&T Co
May 15, 1986	Saddleback National Bank	Laguna Hills, CA	$13.5M	Landmark Bank
May 9, 1986	First Bank & Trust of Idaho	Malad City, ID	$55.9M	Idaho First National Ban
May 9, 1986	Rainsville Bank	Rainsville, AL	$17.5M	Jacobs Bank
May 8, 1986	Bank of Commerce & Trust Company	Tulsa, OK	$182.7M	First NB&T Co of Tulsa
May 1, 1986	The Bedford National Bank	Bedford, IA	$19.3M	American National Bank
May 1, 1986	The First National Bank of Carter	Carter, OK	$7.3M	—
May 1, 1986	Bank of Nortonville	Nortonville, KS	$7.2M	Kendall State Bank
Apr 24, 1986	First National Bank of Irving	Irving, TX	$38.5M	City National Bank of Ir
Apr 24, 1986	The First National Bank of Bandera	Bandera, TX	$15.5M	Bandera Bank
Apr 22, 1986	Union County Bank	Maynardville, TN	$32.9M	Commercial BK Claiborne
Apr 18, 1986	Florida Center Bank	Orlando, FL	$78.9M	American NB of Florida
Apr 16, 1986	Summit S&LA	Park City, UT	$210.7M	—
Apr 14, 1986	Gateway SB	San Francisco, CA	$155.9M	—
Apr 11, 1986	Center National Bank	Los Angeles, CA	$47.7M	Independence Bank
Apr 10, 1986	The National Bank	Dyersville, IA	$43.0M	American Trust&savings B
Apr 10, 1986	The First National Bank of Ruston	Ruston, LA	$31.5M	Security First National
Apr 10, 1986	The Peoples Bank of Mercer	Mercer, MO	$10.4M	—
Apr 4, 1986	Mainland S&LA	Houston, TX	$1.00B	Heights of Texas FSB
Apr 3, 1986	Eddy County National Bank	Carlsbad, NM	$30.4M	United NM Bank at Carlsb
Apr 3, 1986	Industrial National Bank of East Chicago	East Chicago, IN	$8.4M	Mercantile NB of Indiana
Mar 28, 1986	Family Bank	Ogden, UT	$28.0M	Commercial Security Bank
Mar 28, 1986	Farmers & Merchants Bank of Huntsville	Huntsville, MO	$16.6M	City B&T Co of Moberly
Mar 27, 1986	Westwood S&LA	Los Angeles, CA	$583.2M	—
Mar 27, 1986	First State Bank	Memphis, TX	$17.0M	Memphis State Bank
Mar 27, 1986	Stockholm State Bank	Stockholm, SD	$7.2M	Community STB of Stockho
Mar 27, 1986	First State Bank	White Cloud, KS	$6.1M	Silver Lake Bank
Mar 21, 1986	Guaranty S&LA	Longview, WA	$22.3M	—
Mar 20, 1986	Williams Savings Bank	Williams, IA	$12.8M	Iowa Falls State Bank
Mar 14, 1986	Farmers & Merchants St BK of Lamberton	Lamberton, MN	$17.1M	American Bank Mankato
Mar 7, 1986	The Citizens Bank of Winigan	Winigan, MO	$6.5M	—
Mar 6, 1986	The City National Bank of Plainview	Plainview, TX	$48.4M	First NB of Plainview
Mar 6, 1986	The First National Bank of Tekamah	Tekamah, NE	$21.2M	Nebraska National Bank
Feb 27, 1986	The First National Bank of Gorman	Gorman, TX	$14.5M	Citizens State Bank
Feb 21, 1986	Capitol S&LA	Mount Pleasant, IA	$192.0M	Midwest FS&LA of Minneapoli
Feb 21, 1986	Elk City State Bank	Elk City, OK	$22.2M	—
Feb 21, 1986	First National Bank at Douglas	Douglas, WY	$14.0M	First Wyoming Bank-Dougl
Feb 14, 1986	American Diversified Savings Bank	Costa Mesa, CA	$978.6M	—
Feb 14, 1986	Park Bank of Florida	St. Petersburg, FL	$591.7M	Chase Bank of Florida N.A.
Feb 14, 1986	Intercapital S&LA	Jacksonville Beach, FL	$65.2M	—
Feb 14, 1986	First National Bank of Tipton	Tipton, IA	$17.9M	Citizens Savings Bank
Feb 14, 1986	Executive Center Bank, N.A.	Dallas, TX	$9.9M	—
Feb 12, 1986	MT. Whitney S&LA	Exeter, CA	$81.6M	Guardian S&LA

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
Aug 1, 1986	American National Holding Company	MI	Old Kent Financial Corporation
Aug 1, 1986	Northtown Bancshares Corporation	IL	Millikin Bancshares, Inc.
Jul 31, 1986	Blue See's Federal Credit Union	CA	(unnamed)
Jul 31, 1986	Dollinger Cu	TX	Safe Credit Union
Jul 31, 1986	Decoto Employees Federal Credit Union	WA	Central Washington Federal Credit Union
Jul 31, 1986	Santa Cruz County Grangers Federal Credit Union	CA	Monterey-San Benito Grange Credit Union
Jul 28, 1986	Kings Highway Federal Credit Union	NY	System #1 Federal Credit Union
Jul 28, 1986	Chisholm-Ryder Employees Federal Credit Union	NY	Boulevard Federal Credit Union
Jul 28, 1986	Community of Bismarck Credit Union	ND	Capital Credit Union
Jul 28, 1986	Case Terre Haute Employees Federal Credit Union	IN	Indiana State University Federal Credit Union
Jul 26, 1986	Major Federal Savings and Loan Association	OH	Beacon Federal Savings and Loan Association
Jul 24, 1986	Local 114 Credit Union, Inc.	OH	Trupartner Credit Union, Inc.
Jul 23, 1986	The First National Bank of Mays	IN	Farmers State Bank Rush County
Jul 22, 1986	Marburco Empl Cu	TN	Washington Ind Cu
Jul 21, 1986	North State Savings and Loan Corporation	NC	Barclays Bank of North Carolina
Jul 21, 1986	North State Savings and Loan Corporation of Southern Pines	NC	Barclays Bank of North Carolina
Jul 21, 1986	American Commerce Banshares, Inc.	NE	American National Corporation
Jul 18, 1986	Village Bank of New Jersey	NJ	Constellation Bank, National Association
Jul 18, 1986	Hudson County Police Dept Federal Credit Union	NJ	Liberty Savings Federal Credit Union
Jul 18, 1986	Pan American Bank, National Association	FL	NationsBank of Florida, National Association
Jul 17, 1986	Jay School Federal Credit Union	IN	Crossroads Financial Federal Credit Union
Jul 17, 1986	Southeastern Cu	AL	Wcu Credit Union
Jul 17, 1986	Teamsters Local 135 Federal Credit Union	IN	Central Federal Credit Union
Jul 16, 1986	NCG Empl Fcu	TN	League Central Credit Union
Jul 16, 1986	Loomis Armored Emp Fcu	TX	Resource One Credit Union
Jul 14, 1986	First North West Savings and Loan Company	OH	Heritage Savings Bank
Jul 11, 1986	Sage Plaza Bank, National Association	TX	University Bank
Jul 9, 1986	Equitable Federal Savings Bank	OH	Citizens Federal Bank, A FSB
Jul 7, 1986	Shaklee Employees Federal Credit Union	CA	Cooperative Center Federal Credit Union
Jul 7, 1986	Coeur D'Alene Catholic Federal Credit Union	ID	Panhandle Trades Federal Credit Union
Jul 3, 1986	Taylor Capital Corporation	AL	Tallapoosa Capital Corporation
Jul 2, 1986	Nicholas Ranieri Federal Credit Union	PA	Philadelphia Federal Credit Union
Jul 2, 1986	Teamsters Local 326 Federal Credit Union	DE	American Spirit Federal Credit Union
Jul 2, 1986	Bradford City Empl Fcu	PA	Bell Warren Federal Credit Union
Jul 2, 1986	Pottsville City Employees Federal Credit Union	PA	Ctce Federal Credit Union
Jul 2, 1986	Vernco Employees Federal Credit Union	IN	Business and Industrial Federal Credit Union
Jul 2, 1986	Friedmans Express Employees Federal Credit Union	PA	Ufcw Community Federal Credit Union
Jul 2, 1986	Greyhound Employees Federal Credit Union	PA	American Heritage Federal Credit Union
Jul 2, 1986	Dick Employees Federal Credit Union	PA	Ctce Federal Credit Union
Jul 2, 1986	Thiokol Employees Federal Credit Union	NJ	Parkway Financial Community Federal Credit Union
Jul 2, 1986	Connaught Federal Credit Union	PA	Ne Pa Community Federal Credit Union
Jul 2, 1986	First Community Bank - Castle Rock	WV	First Community Bank, Inc.
Jul 2, 1986	First Community Bank - Castle Rock	WV	(unnamed)
Jul 2, 1986	Local 81 Electricians Federal Credit Union	PA	Penn East Federal Credit Union
Jul 2, 1986	Joseph H. Cohen & Sons Employees Federal Credit Union	PA	Philadelphia Federal Credit Union
Jul 2, 1986	Almo Federal Credit Union	PA	American Heritage Federal Credit Union
Jul 2, 1986	No 1761 Lansdale Pa Fcu	PA	American Heritage Federal Credit Union
Jul 2, 1986	Camden County Federal Credit Union	NJ	First Harvest Federal Credit Union
Jul 2, 1986	Sure Way Employees Credit Union	WI	Sunrise Credit Union
Jul 1, 1986	J & L Welded Tube Employees Federal Credit Union	PA	Hopewell Joint School Employees Federal Credit Union

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