Bank failures in 1983
FDIC-insured banks and savings institutions recorded 50 failures in 1983, according to the FDIC.
50 FDIC-insured banks and savings institutions failed in 1983 and 49 received FDIC assistance, the FDIC records, oldest first.
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| Institution | Assets | Estimated cost |
|---|---|---|
| LANSING FS&LA | $45.8 million | $1.9 million |
| VALLEY FIRST FS&LA | $37.1 million | -$7.4 million |
| THE MADISON COUNTY BANK | $7.0 million | $729.6 thousand |
| MANNING S&LA | $78.7 million | $19.8 million |
| STATE BANK OF BARNUM | $13.9 million | $1.7 million |
| DRY DOCK SAVINGS BANK | $2.5 billion | $59.4 million |
| AMERICAN STATE BANK | $14.1 million | $1.2 million |
| METROPOLITAN SA | $395.9 million | $1.5 million |
| UNITED AMERICAN BK IN KNOXVILLE | $760.5 million | $266.4 million |
| MERCHANTS & FARMERS STATE BANK | $5.9 million | $972.2 thousand |
| AMERICAN CITY BANK | $319.4 million | $25.3 million |
| FIRST FS&LA OF MOBERLY | $38.7 million | $2.3 million |
| CARONDELET S&LA ALSO CASE 115 | $740.6 million | $51.3 million |
| GEM FS&LA | $16.8 million | $977.0 thousand |
| UNITED S&LA | $102.1 million | $8.1 million |
| LEADER S&LA | $229.8 million | $8.0 million |
| FIRST FS&LA OF NEWPORT NEWS | $94.6 million | $4.4 million |
| PENINSULA FS&LA | $95.9 million | $1.9 million |
| NEWPORT HARBOUR NATIONAL BANK | $47.3 million | $9.7 million |
| PAN AMERICAN NATIONAL BANK | $37.2 million | $5.0 million |
| COLUMBIA PACIFIC BK & TR CO. | $47.4 million | $213.4 thousand |
| TWIN PINES FS&LA | $45.9 million | $2.0 million |
| PRAIRIE COUNTY BANK | $13.3 million | $0 |
| BEAR CREEK VALLEY BANK | $13.6 million | $4.8 million |
| NORTH MISSISSIPPI S&LA | $152.0 million | $42.7 million |
| BISCAYNE FS&LA | $1.9 billion | $389.0 thousand |
| THE INA STATE BANK | $17.7 million | $2.8 million |
| BANK OF SAN MARINO | $13.0 million | $1.7 million |
| NORTHWESTERN S&LA | $82.5 million | $11.9 million |
| SPARTA-SANDERS STATE BANK | $19.0 million | $6.6 million |
| GUARANTY S&LA | $182.9 million | $11.3 million |
| FIRST NAT BK OF OAK LAWN | $130.3 million | $21.4 million |
| HERITAGE BANK | $18.5 million | $4.5 million |
| SMITH COUNTY BANK | $33.0 million | $4.7 million |
| CITY & COUNTY BK OF ROANE CTY | $42.2 million | $13.1 million |
| CITY & COUNTY BK OF ANDERSON CTY | $142.9 million | $59.4 million |
| UNITED AMERICAN BANK IN HAMILTON COUNTY | $133.8 million | $19.1 million |
| CITY & COUNTY BK OF KNOX COUNTY | $262.5 million | $114.4 million |
| UNITED SOUTHERN BK OF NASHVILLE | $144.2 million | $37.8 million |
| THE COMMERCIAL BK OF CALIFORNIA | $32.4 million | $172.1 thousand |
| CONTINENTAL S&LA | $40.0 million | $2.9 million |
| FIRST FS&LA OF WALWORTH COUNTY | $38.3 million | $2.6 million |
| WOMEN'S FS&LA | $570.2 million | $26.0 million |
| JACKSON FS&LA | $34.5 million | $128.0 thousand |
| FIRST FS&LA OF SIOUX FALLS | $78.0 million | $6.9 million |
| FIRST DAKOTA HOME S&LA | $27.8 million | $1.8 million |
| COMMUNITY BANK | $32.0 million | $5.9 million |
| WESTERN NAT BK OF LOVELL | $24.8 million | $363.2 thousand |
| NORTHERN FS&LA | $267.3 million | $1.8 million |
| COLONIAL SA | $90.0 million | $518.9 thousand |
| MINERAL BK OF NEVADA | $18.0 million | $0 |
| MUTUAL FS&LA OF MASON CITY | $118.8 million | $6.8 million |
| PROVIDENT S&LA | $51.0 million | $1.5 million |
| THE FIRST CENTRAL BANK | $18.9 million | $5.5 million |
| BANK OF NIOBRARA | $7.2 million | $2.7 million |
| UNION NAT BK OF CHICAGO | $26.3 million | $4.4 million |
| ANTIOCH S&LA | $57.9 million | $3.2 million |
| GUARANTY FS&LA | $143.4 million | $1.0 million |
| FIRST PEOPLES BANK OF WASHINGTON COUNTY | $177.8 million | $72.5 million |
| METRO BANK | $33.6 million | $13.2 million |
| THE FIRST NAT BK OF DANVERS | $12.5 million | $3.2 million |
| OREGON MUTUAL SAVINGS BANK | $265.7 million | $11.9 million |
| FIRST FLORIDA S&LA | $80.8 million | $7.7 million |
| MIDDLE PNSLA NRTH. NECK FS&LA | $44.7 million | $4.3 million |
| MT. VERNON S&LA | $117.8 million | $18.6 million |
| FIRST COMMERCE BK OF HAWKINS CTY | $43.1 million | $16.8 million |
| GIBRALTAR S&LA | $48.9 million | $2.0 million |
| UNITED SOUTHERN BANK OF CLARKSVILLE | $9.9 million | $6.0 million |
| SUBURBAN S&LA | $2.0 billion | $60.0 million |
| 1ST FS&LA OF E. CHICAGO | $209.5 million | $12.1 million |
| GARY FS&LA | $15.2 million | $1.1 million |
| WASHINGTON FS&LA | $645.0 million | $11.8 million |
| COMMUNITY FS&LA | $123.1 million | $1.2 million |
| CITIZENS FS&LA OF MARYSVILLE | $96.6 million | Not published by the FDIC |
| THE DOUGLASS STATE BANK | $35.4 million | $10.8 million |
| WARREN COUNTY BANK | $19.6 million | $8.8 million |
| NATIONAL BK OF ODESSA | $92.9 million | $22.7 million |
| DOMINION BK OF DENVER | $16.7 million | $4.0 million |
| BASTROP FS&LA | $32.9 million | $983.2 thousand |
| SECURITY S&LA | $26.5 million | $329.2 thousand |
| AUBURN SAVINGS BANK | $133.2 million | $0 |
| THE DESCHUTES BANK | $10.2 million | $4.3 million |
| THE FIRST NAT BK OF MIDLAND | $1.4 billion | $526.6 million |
| FIRST CAROLINA FS&LA | $98.3 million | Not published by the FDIC |
| CLEVELAND COMMUNITY SAVINGS CO. | $21.0 million | $15.9 million |
| STATE OF CLOVIS, SA | $30.9 million | $20.8 million |
| FIRST NAT BK OF BROWNING | $13.7 million | $3.1 million |
| FIRST FS&LA OF FT. WAYNE | $298.1 million | $17.3 million |
| SOUTH BEND FS&LA | $71.4 million | $4.7 million |
| AMERICAN FS&LA | $55.4 million | $3.4 million |
| FT. WAYNE FS&LA | $37.0 million | $2.2 million |
| ATKINSON TRUST & SAVINGS BANK | $21.1 million | $9.5 million |
| BOHEMIAN S&LA | $168.6 million | $2.5 million |
| METRO FS&LA | $27.4 million | $10.9 million |
| UNION TRUST COMPANY | $30.6 million | $9.2 million |
| BANK OF HACKLEBURG | $6.5 million | $1.8 million |
| THE BANK OF RED OAK | $11.1 million | $2.8 million |
| CITIZENS S&LA | $63.6 million | $5.4 million |
| FIRST FS&LA OF MONROEVILLE | $29.8 million | $2.5 million |
Sources
- FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026
Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved