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
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?

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
Nov 30, 1986	Republic Credit Union	CA	Entertainment Capital Federal Credit Union
Nov 30, 1986	The Oberlin Bank Company	OH	The Central Trust Company of Northern Ohio, National Association
Nov 30, 1986	Handyman Employees Federal Credit Union	CA	Kearny Mesa Financial Credit Union
Nov 30, 1986	I F and M Employees Federal Credit Union	IN	LTV Steel Employees Federal Credit Union
Nov 30, 1986	Golden State Federal Credit Union	CA	Oceanair Federal Credit Union
Nov 30, 1986	Oberlin Bancshares, Inc.	OH	PNC Banc Corporation, Ohio
Nov 30, 1986	Continental Bancshares, Inc.	MN	F.W.M.G.
Nov 29, 1986	Indiana First National Bank	IN	Bank One, Southern Indiana, National Association
Nov 29, 1986	Alliance Bancorp	IN	Merchants National Corporation
Nov 28, 1986	US Bancorp	IN	Merchants National Corporation
Nov 28, 1986	Farmers State Corporation	IN	Merchants National Corporation
Nov 28, 1986	First Affiliated Bancorporation, Inc.	WI	M&I LLC
Nov 26, 1986	Eagle Savings Association	OH	AmeriTrust Company National Association
Nov 26, 1986	Saint Charles Parish Credit Union, Inc.	OH	Trupartner Credit Union, Inc.
Nov 24, 1986	The Franklin Bank	OH	Society Bank
Nov 24, 1986	Bank of Oklahoma, Oklahoma City, National Association	OK	BOKF, N.A.
Nov 24, 1986	First Coolidge Corporation	MA	Colonial General, Inc.
Nov 22, 1986	United Bank of Indiana, National Association	IN	Citizens Fidelity Bank and Trust Company Clark County
Nov 22, 1986	United Jersey Bank/Southwest	NJ	United Jersey Bank/South, National Association
Nov 22, 1986	Trustcorp Company, National Association	OH	Trustcorp Company
Nov 21, 1986	Sterling Industrial Bank	CO	Colorado Savings Bank, FSB
Nov 21, 1986	Morgan Industrial Bank	CO	Colorado Savings Bank, FSB
Nov 21, 1986	Citizens Bancgroup & Co.	MO	Cardinal Bancorp, Inc.
Nov 20, 1986	Rex Madison Federal Credit Union	IN	Business and Industrial Federal Credit Union
Nov 20, 1986	Saint Marys Empl Fcu	FL	Guardians Credit Union
Nov 19, 1986	Rocky Mountain Natural Gas Company Employees Credit Union	CO	Nuvista Federal Credit Union
Nov 19, 1986	Filmco Credit Union	CO	Wings Credit Union
Nov 19, 1986	Rocky Mountain Credit Union	CO	Minnequa Works Credit Union
Nov 19, 1986	Prca Profund Credit Union	CO	Wings Credit Union
Nov 17, 1986	Western Union Employees Credit Union	IA	Iowa National Guard Credit Union
Nov 15, 1986	La Jolla Pacific Savings Bank	CA	California Federal Bank, a Federal Savings Bank
Nov 15, 1986	Continental Division Federal Credit Union	IN	Tech Credit Union
Nov 15, 1986	First American Bank	GA	Synovus Bank
Nov 15, 1986	Colorado Insurance Employees Federal Credit Union	CO	Rocky Mountain Federal Credit Union
Nov 14, 1986	Saint Bernard Area Fcu	LA	Claver Federal Credit Union
Nov 14, 1986	Noland Road Mercantile Bank	MO	(unnamed)
Nov 14, 1986	Bridgeport Machines Credit Union	CT	B.M.G. Credit Union, Inc.
Nov 14, 1986	Mercantile Regional Bank	MO	(unnamed)
Nov 14, 1986	Mercantile National Bank of Clay County	MO	(unnamed)
Nov 10, 1986	Centerre Bank Northland National Association	MO	Centerre Bank of Kansas City National Association
Nov 10, 1986	Centerre Bank of Independence National Association	MO	Centerre Bank of Kansas City National Association
Nov 8, 1986	Pacific Western Bank	OR	KeyBank National Association
Nov 8, 1986	Citizens Valley Bank	OR	KeyBank National Association
Nov 8, 1986	The First National Bank of McMinnville	OR	KeyBank National Association
Nov 8, 1986	Hood River County Bank	OR	KeyBank National Association
Nov 8, 1986	PacWest Bancorp	OR	Key Pacific Bancorp
Nov 7, 1986	The First Bank	AR	First Security Bank
Nov 7, 1986	Factory Service Maintenance Federal Credit Union	PA	Century Heritage Federal Credit Union
Nov 7, 1986	North Coast Credit Union, Inc.	OH	Pse Credit Union, Inc.
Nov 6, 1986	Fierro Federal Credit Union	NM	Fort Bayard 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