Calendar Year

1986 in US Banking

1,187 bank events are on record for 1986: 162 failures, 983 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.

162

Failures

$15.31B in failed assets

983

Mergers

Federal Reserve NIC, banking organizations

Enforcement

OCC, FDIC, FRB, OTS and SEC 8-K filings

Assistance

FDIC open-bank assistance

Jump to: Bank failures 1986 · Bank mergers 1986

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
Dec 19, 1986	Lakeland State Bank	Pequot Lakes, MN	$49.4M	Northern NB of Bemidji
Dec 19, 1986	Farmers State Bank	Lueders, TX	$9.7M	Farmers&merchants NB Mer
Dec 18, 1986	First Bank & Trust Co.	Booker, TX	$94.9M	First NB of Perryton
Dec 18, 1986	Landmark National Bank	Denver, CO	$12.9M	Omnibank Leetsdale
Dec 18, 1986	Lago Vista National Bank	Lago Vista, TX	$11.9M	Greater Texas Bank Leand
Dec 12, 1986	Guaranty Federal Bank FSB	Casper, WY	$63.8M	—
Dec 12, 1986	First Savings of America	Orland Park, IL	$47.0M	—
Dec 9, 1986	The Citizens Bank of Windsor	Windsor, MO	$24.8M	United Mo BK of Warrensb
Dec 5, 1986	Firstsouth FS&LA	Pine Bluff, AR	$1.68B	Home FS&LA
Dec 5, 1986	Cordell National Bank	Cordell, OK	$78.6M	City NB of Weatherford
Dec 4, 1986	Panhandle Bank & Trust Company	Borger, TX	$112.1M	Amarillo National Bank
Dec 4, 1986	Hays State Bank	Hays, KS	$27.8M	Farmers State Bank&trust
Dec 4, 1986	First National Bank of Stewartville	Stewartville, MN	$18.5M	Marquette Bank Rochester
Nov 20, 1986	First National Bank	Willows, CA	$63.0M	First Interstate CNTL Ba
Nov 20, 1986	Norman Bank of Commerce	Norman, OK	$43.5M	First Interstate BK of O
Nov 20, 1986	Texana National Bank of College	College Station, TX	$12.1M	First State Bank in Cald
Nov 14, 1986	The Bank of Northern California	San Jose, CA	$16.1M	Pacific Valley Bank
Nov 14, 1986	First National Bank of Temple	Temple, OK	$7.3M	Union NB of Oklahoma
Nov 13, 1986	The Hoxie State Bank	Hoxie, KS	$35.8M	Prairie State Bank
Nov 7, 1986	Metropolitan Bank & Trust Company	Baton Rouge, LA	$70.1M	Whitney NB of New Orlean
Nov 7, 1986	Chokio State Bank	Chokio, MN	$11.9M	First State Bank Chokio
Nov 6, 1986	The First National Bank & TR Co.	Enid, OK	$100.1M	—
Nov 6, 1986	The Home Bank	Savannah, MO	$39.1M	United Mo Bank of St Jos
Nov 6, 1986	First Stock Yards Bank	St. Joseph, MO	$31.6M	Bank of St Joseph
Nov 6, 1986	The Citizens State Bank	Donna, TX	$27.5M	Raymondville State Bank
Nov 5, 1986	Sedgwick County Bank	Julesburg, CO	$3.8M	First NB of Julesburg
Oct 31, 1986	Republic Bank	Blanchard, LA	$41.7M	American B&T Co in Monro
Oct 23, 1986	Security National Bank	Anchorage, AK	$41.8M	Rainier Bank Alaska N.A.
Oct 23, 1986	Bank of Gering	Gering, NE	$24.2M	First State Bank
Oct 23, 1986	Stillwater Community Bank	Stillwater, OK	$22.6M	Bank National Assn
Oct 17, 1986	Valley State Bank	Baggs, WY	$5.0M	—
Oct 10, 1986	Homestead S&LA	Woodward, OK	$135.0M	—
Oct 10, 1986	Unified Savings Bank	Northridge, CA	$102.8M	—
Oct 9, 1986	Independent National Bank	Covina, CA	$28.3M	Chino Valley Bank
Oct 3, 1986	Columbia Community Bank	Hermiston, OR	$5.3M	Inland Empire Bank
Oct 2, 1986	Missouri Farmers Bank	Mound City, MO	$26.0M	United Mo Bank of St Jos
Oct 2, 1986	Century National Bank	Houston, TX	$15.5M	Sterling Bank Willowbroo
Oct 2, 1986	Frontier National Bank	Vista, CA	$9.9M	Rancho Vista National Ba
Sep 26, 1986	American Bank & Trust Company	Lafayette, LA	$210.9M	Whitney NB of New Orlean
Sep 25, 1986	Heritage National Bank	Richardson, TX	$33.1M	Brookhollow National Ban
Sep 25, 1986	The Home State Bank	La Crosse, KS	$14.7M	Farmers B&T N.A.
Sep 19, 1986	Texas Bank & Trust Company	Lubbock, TX	$39.2M	Republicbank Lubbock N.A.
Sep 18, 1986	Texas Independence Bank	Pasadena, TX	$12.3M	Texas Independence Bank
Sep 12, 1986	Western S&LA	Dallas, TX	$1.96B	Sunbelt Savings, FSB
Sep 12, 1986	Ramona S&LA	Fillmore, CA	$108.1M	Midwest FS&LA of Minneapoli
Sep 10, 1986	Central Bank & Trust of Tulsa	Tulsa, OK	$80.1M	F&M Bank&trust Co
Sep 4, 1986	Western Bank	Midland, TX	$77.4M	United Bank National Ass
Sep 4, 1986	Fairview State Bank of Fairview	Fairview, OK	$24.0M	Community NB of Okarche
Aug 28, 1986	Buena Vista Bank & Trust Company	Buena Vista, CO	$32.8M	—
Aug 28, 1986	Albany State Bank	Albany, MO	$4.7M	United Mo Bank of St Jos

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?

983 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 29, 1986	First State Bank	WA	Puget Sound Bank
Dec 28, 1986	First National Bank of Macomb	IL	The Union National Bank of Macomb
Dec 24, 1986	Farmington Valley Savings and Loan Association	CT	The Connecticut Bank and Trust Company, N.A.
Dec 23, 1986	Ameritrust Indiana Corporation	IN	Ameritrust Indiana Corporation
Dec 23, 1986	The Bank of Leland	MS	Union Planters Bank of Mississippi
Dec 23, 1986	St Louis Federal Savings and Loan Association	MO	Granite Bank, Federal Savings Bank
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	NBG Financial Corporation	IN	Merchants National Corporation
Dec 22, 1986	The Citizens National Bank of Big Run	PA	Keystone National Bank
Dec 22, 1986	Southern Bank Holding Company	GA	Coastal Bankshares, Inc.
Dec 22, 1986	Missouri Pacific Credit Union	MO	St. Louis Community Credit Union
Dec 22, 1986	The Miners National Bank of Shenandoah	PA	Heritage National Bank
Dec 22, 1986	Sun Bank/Flagler County, National Association	FL	SunTrust Bank, East Central Florida
Dec 22, 1986	Southern Bank and Trust Company	GA	The Coastal Bank
Dec 22, 1986	Waukesha Motor Employees Credit Union	WI	Appletree Credit Union
Dec 20, 1986	Peoples State Bank	IN	First National Bank of Warsaw
Dec 20, 1986	Macon Capital Corporation	AL	Alabama National Bancorporation
Dec 20, 1986	Seaway National Bank	NY	Fleet Bank
Dec 20, 1986	Timber Community Bank	OR	First Interstate Bank of Oregon, National Association
Dec 20, 1986	Federated Bank of Chebanse	IL	Federated Bank
Dec 18, 1986	Post Times Empl Fcu	FL	Gold Coast Federal Credit Union
Dec 17, 1986	Angola State Bancorp	IN	Norwest Indiana, Inc.
Dec 17, 1986	Vitro Federal Credit Union	MD	Signal Financial Federal Credit Union
Dec 16, 1986	Bank of Meigs	GA	Cairo Banking Company
Dec 15, 1986	Mount Hood Security Bank	OR	Rainier Bank Oregon, National Association
Dec 15, 1986	Forsyth Bancshares, Inc.	GA	Wachovia Corporation of Georgia
Dec 15, 1986	Mercantile Bank of Marble Hill	MO	Mercantile Bank Stoddard/Bollinger Counties
Dec 15, 1986	The Island Bank	FL	First Union National Bank of Florida
Dec 15, 1986	The Hartley National Bank of Bedford	PA	Mid-State Bank and Trust Company
Dec 15, 1986	Iron Savings & Loan Association	MI	D&N Bank
Dec 15, 1986	Reynolds County Savings Bank	MO	Town & Country Bank
Dec 15, 1986	The Citizens Bank	OH	The Wayne County National Bank of Wooster
Dec 15, 1986	Forsyth County Bank	GA	Wachovia Bank of Georgia, National Association
Dec 15, 1986	South Metro Area Credit Union	CO	Columbine Federal Credit Union
Dec 13, 1986	First Citizens Bank of Alabama	AL	Regions Bank
Dec 13, 1986	First Laporte Financial Corp.	IN	First of America Bank Corporation - Indiana
Dec 13, 1986	Kemco Credit Union	MI	T L C Community Credit Union
Dec 13, 1986	Prince Georges Municipal Employees Federal Credit Union	MD	Fedchoice Federal Credit Union
Dec 13, 1986	The Colonial Bank of East-Central Alabama	AL	The Colonial Bank of East-Central Alabama
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	Tappan Springfield Empl Cu	TN	The Credit Union for Robertson County
Dec 8, 1986	CPD Greenville Federal Credit Union	SC	Spero Financial Federal Credit Union
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) · Synovus Bank (2 in 1986, 35 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)

The list holds 500 of the 983 mergers recorded for 1986.

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

Browse adjacent years: 1985 · 1987

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