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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
0
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
42
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 6, 1986 The Dirigo Bank and Trust Company ME Maine National Bank
Dec 6, 1986 Aroostook Trust Company ME Maine National Bank
Dec 5, 1986 Cardinal Mercier Credit Union MI Motor City Co-Op Credit Union
Dec 4, 1986 Mid South Bancshares N C Inc NC Peoples Bancorporation
Dec 4, 1986 The Ludlow National Bank MO Citizens Bank and Trust Company
Dec 4, 1986 Union Hospital Federal Credit Union MD Cecil County School Employees Federal Credit Union
Dec 4, 1986 Gunter Park Fcu AL Max Credit Union
Dec 4, 1986 Miners Savings Bank of Pittston PA First Eastern Bank, National Association
Dec 4, 1986 Cedars Employees Credit Union FL South Florida Federal Credit Union
Dec 3, 1986 M U J Credit Union IL Rock Valley Credit Union
Dec 2, 1986 National InterCity Bank CA Silicon Valley Bank
Dec 2, 1986 NCH Credit Union VA Prime Care Credit Union, Incorporated
Dec 2, 1986 CNB Financial Corp. IN Norwest Indiana, Inc.
Dec 2, 1986 S.G.H. Federal Credit Union PA Pittsburgh Central Federal Credit Union
Dec 2, 1986 The American Bank of Jackson County MS Union Planters Bank of Mississippi
Dec 2, 1986 Kennedys Piggly Wiggly Credit Union VA Beacon Credit Union Incorporated
Dec 1, 1986 American Bank of Raytown MO American Bank
Dec 1, 1986 Allis Chalmers Credit Union WI Community First Credit Union
Dec 1, 1986 Citibanc Holding Company, Inc. OK BancFirst Corporation
Dec 1, 1986 Commercial Bancshares, Inc. NJ Summit Bancorp.
Dec 1, 1986 Bay CMNTY Cu FL Floridacentral Credit Union
Dec 1, 1986 Budd Employees Federal Credit Union MI Credit Union One
Dec 1, 1986 Chilrossco Credit Union, Inc. OH Universal 1 Credit Union, Inc.
Dec 1, 1986 American Bank of Higginsville MO American Bank
Dec 1, 1986 Laurel American Bank MO American Bank
Dec 1, 1986 The Brentwood Bank, Brentwood, Missouri MO (unnamed)
Dec 1, 1986 Andrews Bank & Trust Company SC NationsBank of South Carolina, National Association
Dec 1, 1986 Bank of Pilot Mountain NC The Planters National Bank and Trust Company
Dec 1, 1986 First National Bank of DeSoto County MS Deposit Guaranty National Bank
Dec 1, 1986 R B C Federal Credit Union IL Alero Financial Credit Union
Dec 1, 1986 Missouri Rolling Mills Employees Credit Union MO West Community Credit Union
Dec 1, 1986 American Bank of Richmond MO American Bank
Dec 1, 1986 Allis Chalmers Employees Credit Union IL Sherwin Williams Employees Credit Union
Dec 1, 1986 Bohemian Savings Bank IA Community First National Bank
Dec 1, 1986 Valley Wholesalers Credit Union ID Clearwater Credit Union
Dec 1, 1986 Global Union Bank NY The Hongkong and Shanghai Banking Corporation Limited
Dec 1, 1986 Bank of Glenpool OK First Bank and Trust Company
Dec 1, 1986 The Commercial Bank IN NBD Bank, National Association
Dec 1, 1986 Upland Savings and Loan Association CA Homefed Bank, Federal Association
Dec 1, 1986 Bank of Boulder Hill IL The Merchants National Bank of Aurora
Nov 30, 1986 Saint John's Baptist Bakersfield Federal Credit Union CA Espeeco Federal Credit Union
Nov 30, 1986 Peco Empl Fcu AL Alabama Central Credit Union
Nov 30, 1986 The Oberlin Bank Company OH The Central Trust Company of Northern Ohio, National Association
Nov 30, 1986 Walker Scott Employees Federal Credit Union CA North Island Financial Credit Union
Nov 30, 1986 Continental Bancshares, Inc. MN F.W.M.G.
Nov 30, 1986 Oberlin Bancshares, Inc. OH PNC Banc Corporation, Ohio
Nov 30, 1986 Golden State Federal Credit Union CA Oceanair Federal Credit Union
Nov 29, 1986 Alliance Bancorp IN Merchants National Corporation
Nov 29, 1986 Indiana First National Bank IN Bank One, Southern Indiana, National Association
Nov 28, 1986 US Bancorp IN Merchants National Corporation

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

Bank events in the 1980s: 1980 · 1981 · 1982 · 1983 · 1984 · 1985 · 1986 · 1987 · 1988 · 1989

Or jump to a category: Failures · Mergers · Enforcement · Assistance