Bank failures in 1987

FDIC-insured banks and savings institutions recorded 217 failures in 1987, according to the FDIC.

217 FDIC-insured banks and savings institutions failed in 1987 and 45 received FDIC assistance, the FDIC records, oldest first.

3 more columns on a wider screen

Failures and assistance transactions of FDIC-insured institutions in 1987, oldest first
Date	Institution	Where	Resolution	Assets	Estimated cost
January 8, 1987	THE SECURITY NAT BK & TR CO. OF NORMAN	NORMAN, OK	FAILURE	$198.7 million	$86.2 million
January 8, 1987	BOWIE NATIONAL BANK	BOWIE, TX	FAILURE	$12.3 million	$799.7 thousand
January 8, 1987	AMERICAN NATIONAL BANK OF GRAND JUNCTION	GRAND JUNCTION, CO	FAILURE	$7.7 million	$1.6 million
January 9, 1987	STATE BANK OF CUBA	CUBA, IL	FAILURE	$18.3 million	$2.5 million
January 15, 1987	THE FIRST NATIONAL BANK OF RUSH SPRINGS	RUSH SPRINGS, OK	FAILURE	$12.8 million	$3.7 million
January 15, 1987	LATIMER BANK & TRUST	LATIMER, IA	FAILURE	$23.2 million	$3.2 million
January 15, 1987	FIRST CHARTER BANK	DENVER, CO	FAILURE	$10.1 million	$3.0 million
January 15, 1987	THE FIRST NATIONAL BANK OF SKIATOOK	SKIATOOK, OK	FAILURE	$14.0 million	$4.1 million
January 16, 1987	UMPQUA S&LA	ROSEBURG, OR	FAILURE	$108.2 million	$11.9 million
January 16, 1987	FIRST S&LA OF BURKBURNETT	BURKBURNETT, TX	FAILURE	$204.5 million	$269.4 million
January 16, 1987	MAGIC VALLEY S&LA	WESLACO, TX	ASSISTANCE	$103.4 million	$160.5 million
January 22, 1987	NATIONAL BANK OF FREDERICK	FREDERICK, OK	FAILURE	$23.8 million	$10.5 million
January 23, 1987	THE FIRST NATIONAL BANK OF MARLBOROUGH	MARLBOROUGH, MA	FAILURE	$60.7 million	$18.7 million
January 23, 1987	FIRST SIERRA BANK	BISHOP, CA	FAILURE	$23.2 million	$4.1 million
January 23, 1987	NORTH AMERICA S&LA	SANTA ANNA, CA	FAILURE	$220.3 million	$98.9 million
January 29, 1987	THE FARMERS NATIONAL BANK OF REMINGTON	REMINGTON, IN	FAILURE	$34.7 million	$7.8 million
January 29, 1987	THE LA PRYOR STATE BANK	LA PRYOR, TX	FAILURE	$5.7 million	$1.6 million
January 29, 1987	FIRST STATE BANK OF PATTONSBURG	PATTONBURG, MO	FAILURE	$5.9 million	$1.5 million
January 29, 1987	PEOPLES BANK & TRUST COMPANY	HOLDENVILLE, OK	FAILURE	$20.2 million	$5.1 million
January 29, 1987	MONTGOMERY COUNTY BANK, N.A.	THE WOODLANDS, TX	FAILURE	$48.5 million	$13.9 million
January 29, 1987	BEAR CREEK NATIONAL BANK	BEAR CREEK, TX	FAILURE	$26.6 million	$7.5 million
February 5, 1987	STATE BANK OF ALLISON	ALLISON, IA	FAILURE	$17.4 million	$1.5 million
February 5, 1987	BOULEVARD STATE BANK	WICHITA, KS	FAILURE	$102.3 million	$20.1 million
February 5, 1987	MARKET NATIONAL BANK	DENVER, CO	FAILURE	$8.7 million	$3.6 million
February 5, 1987	SUNBELT NATIONAL BANK	DALLAS, TX	FAILURE	$11.4 million	$5.0 million
February 11, 1987	COMMUNITY BANK	SEILING, OK	FAILURE	$5.1 million	$2.4 million
February 12, 1987	FIRST CITY BANK OF ATOKA	ATOKA, OK	FAILURE	$11.6 million	$2.5 million
February 12, 1987	SECURITY NATIONAL BANK	MIDLAND, TX	FAILURE	$8.6 million	$3.7 million
February 12, 1987	FEDERATED NATIONAL BANK	LIVE OAK, TX	FAILURE	$13.6 million	$4.9 million
February 13, 1987	FIRST STATE BANK OF KING CITY, MISSOURI	KING CITY, MO	FAILURE	$14.5 million	$5.5 million
February 13, 1987	THE COUNTY BANK	MANATEE COUNTY, FL	FAILURE	$187.1 million	$69.1 million
February 13, 1987	LIFE SAVINGS OF AMERICA	ROCKFORD, IL	FAILURE	$342.3 million	$115.7 million
February 13, 1987	UNIVERSAL SA, FA	CHICKASHA, OK	FAILURE	$104.6 million	$40.4 million
February 19, 1987	FIRST STATE BANK OF ATMORE	ATMORE, AL	FAILURE	$12.4 million	$0
February 20, 1987	THE FIRST NATIONAL BANK OF WESLACO	WESLACO, TX	FAILURE	$70.7 million	$16.0 million
February 20, 1987	HUB CITY BANK & TRUST COMPANY	LAFAYETTE, LA	FAILURE	$38.0 million	$12.9 million
February 25, 1987	AMERICAN NATIONAL BANK	DURANT, OK	ASSISTANCE	$9.7 million	$1.1 million
February 26, 1987	FARMERS STATE BANK	HART, TX	FAILURE	$9.8 million	$1.2 million
February 26, 1987	CENTRAL BANK & TRUST COMPANY	GLENMORA, LA	ASSISTANCE	$20.6 million	$10.6 thousand
February 26, 1987	FIRST NATIONAL BANK OF CROSBY	CROSBY, TX	FAILURE	$7.8 million	$2.4 million
February 27, 1987	THE LEWISTOWN BANK	LEWISTOWN, IL	FAILURE	$15.3 million	$4.2 million
February 27, 1987	FIRST FS&LA OF BELOIT	BELOIT, KS	FAILURE	$82.9 million	$22.4 million
February 27, 1987	KEY S&LA	ENGLEWOOD, CO	FAILURE	$241.6 million	$121.7 million
March 4, 1987	THE FIRST STATE BANK	ROCKFORD, IA	FAILURE	$15.8 million	$1.4 million
March 5, 1987	FIRST NATIONAL BANK IN WEST CONCORD	WEST CONCORD, MN	FAILURE	$9.1 million	$1.4 million
March 5, 1987	LIBERTY BANK	HOUSTON, TX	FAILURE	$57.2 million	$17.5 million
March 5, 1987	FIRST NATIONAL BANK OF SAPULPA	SAPULPA, OK	FAILURE	$7.5 million	$2.5 million
March 5, 1987	SEALY NATIONAL BANK	SEALY, TX	FAILURE	$7.7 million	$2.2 million
March 6, 1987	SOUTH BAY S&LA	GARDENS, CA	ASSISTANCE	$61.9 million	$5.3 million
March 12, 1987	THE FIRST NATIONAL BANK OF OLNEY	OLNEY, TX	FAILURE	$16.7 million	$2.5 million
March 12, 1987	WESTERN BANK	EL PASO, TX	FAILURE	$46.7 million	$13.5 million
March 12, 1987	PLAZA NATIONAL BANK	DEL RIO, TX	FAILURE	$34.3 million	$18.0 million
March 12, 1987	EXPRESSWAY BANK	OKLAHOMA CITY, OK	FAILURE	$19.1 million	$5.8 million
March 13, 1987	BEAVER CREEK STATE BANK	BEAVER CREEK, MN	FAILURE	$7.3 million	$963.7 thousand
March 13, 1987	VICTOR S&LA	MUSKOGEE, OK	FAILURE	$601.3 million	$235.9 million
March 13, 1987	HOME S&LA	SEATTLE, WA	ASSISTANCE	$150.6 million	$25.9 million
March 17, 1987	UNITED OKLAHOMA BANK	OKLAHOMA CITY, OK	FAILURE	$171.9 million	$39.6 million
March 18, 1987	PERPETUAL SB	LOS ANGELES, CA	FAILURE	$62.5 million	Not published by the FDIC
March 19, 1987	CLARKS FORK NATIONAL BANK	FROMBERG, MT	FAILURE	$8.4 million	$1.2 million
March 19, 1987	RED RIVER NATIONAL BANK IN CLARKSVILLE	CLARKSVILLE, TX	FAILURE	$22.8 million	$5.3 million
March 19, 1987	SWEENEY BANK	SWEENEY, TX	FAILURE	$19.7 million	$6.0 million
March 20, 1987	THE MADILL BANK & TRUST COMPANY	MADILL, OK	FAILURE	$39.6 million	$11.3 million
March 20, 1987	MOROCCO STATE BANK	MOROCCO, IN	FAILURE	$16.3 million	$1.7 million
March 20, 1987	NEW CITY BANK	ORANGE, CA	FAILURE	$26.0 million	$5.6 million
March 20, 1987	FIRST FS&LA	HAGERSTOWN, MD	FAILURE	$95.7 million	$77.9 million
March 20, 1987	VERNON S&LA	VERNON, TX	FAILURE	$1.3 billion	$1.1 billion
March 20, 1987	FIRST SOUTHERN SA	PASCAGOULA, MS	FAILURE	$47.1 million	$14.7 million
March 20, 1987	BAYOU FS&LA	NEW ORLEANS, LA	ASSISTANCE	$25.8 million	$12.5 million
March 24, 1987	WESTERN S&LA	SALT LAKE CITY, UT	ASSISTANCE	$392.7 million	$478.0 thousand
March 25, 1987	SOUTH FLORIDA SAVINGS BANK	DAVIE, FL	ASSISTANCE	$172.0 million	$4.2 million
March 26, 1987	THE FIRST STATE BANK IN BILLINGS	BILLINGS, OK	FAILURE	$10.2 million	$1.2 million
March 27, 1987	TALLULAH STATE BANK & TRUST COMP	TALLULAH, LA	FAILURE	$31.1 million	$11.9 million
March 27, 1987	EQUITABLE S&LA	STANTON, CA	FAILURE	$58.9 million	$29.2 million
April 2, 1987	THE FIRST NATIONAL BANK OF HERINGTON	HERINGTON, KS	FAILURE	$20.7 million	$4.9 million
April 3, 1987	TAHOE S&LA	SOUTH LAKE TAHOE, CA	ASSISTANCE	$81.2 million	$41.7 million
April 9, 1987	FIRST NATIONAL BANK OF BRAMAN	BRAMAN, OK	FAILURE	$12.2 million	$4.8 million
April 9, 1987	DEER LODGE BANK & TRUST COMPANY	DEER LODGE, MT	FAILURE	$15.2 million	$3.0 million
April 9, 1987	COMMONWEALTH BANK	GLENDALE, CO	FAILURE	$7.8 million	$481.0 thousand
April 9, 1987	THE SOUTHWESTERN BANK, N.A.	HOUSTON, TX	FAILURE	$14.7 million	$5.4 million
April 10, 1987	THE CITIZENS STATE BANK	BROWNSTOWN, IN	FAILURE	$29.0 million	$1.3 million
April 10, 1987	BANK OF IRON COUNTY	PAROWAN, UT	FAILURE	$19.8 million	$3.8 million
April 10, 1987	FUTURE S&LA	ALBANY, OR	FAILURE	$57.6 million	$15.8 million
April 16, 1987	FIRST STATE BANK OF FOREST CITY	FOREST CITY, MO	FAILURE	$6.5 million	$1.8 million
April 16, 1987	FIRST BANK OF SAGINAW	SAGINAW, TX	FAILURE	$30.6 million	$8.3 million
April 16, 1987	FIRST COMMERCIAL BANK OF TEXAS,	HOUSTON, TX	FAILURE	$4.4 million	$1.9 million
April 16, 1987	SOUTHERN FLORIDABANC SA	BOCA RATON, FL	FAILURE	$219.1 million	Not published by the FDIC
April 22, 1987	THE PEOPLES BANK	COLLINSVILLE, AL	FAILURE	$11.9 million	$934.2 thousand
April 22, 1987	THE BANK OF NORTH MISSISSIPPI	OAKLAND, MS	FAILURE	$14.5 million	$2.7 million
April 23, 1987	OSCEOLA STATE BANK & TRUST COMPANY	OSCEOLA, IA	FAILURE	$8.6 million	$1.6 million
April 23, 1987	NORTH CENTRAL NATIONAL BANK	AUSTIN, TX	FAILURE	$23.4 million	$11.5 million
April 24, 1987	LIBERTY FS&LA	LEESVILLE, LA	FAILURE	$134.9 million	$121.7 million
April 29, 1987	HERITAGE BANK & TRUST	SALT LAKE COUNTY, UT	FAILURE	$17.6 million	$109.7 thousand
April 30, 1987	PEOPLES STATE BANK	TURKEY, TX	FAILURE	$5.8 million	$1.3 million
April 30, 1987	UNITEDBANK-HOUSTON	HOUSTON, TX	FAILURE	$217.3 million	$110.8 million
May 6, 1987	AMERICAN BANK OF COMMERCE	DENVER, CO	FAILURE	$25.5 million	$10.9 million
May 7, 1987	FIRST STATE BANK OF SISSETON	SISSETON, SD	FAILURE	$20.1 million	$4.5 million
May 7, 1987	NORTH AMERICAN NATIONAL BANK	LITTLETON, CO	FAILURE	$9.5 million	$3.8 million
May 8, 1987	FARMERS STATE BANK	MADDOCK, ND	FAILURE	$11.9 million	$1.1 million
May 8, 1987	MOREAUVILLE STATE BANK	MOREAUVILLE, LA	FAILURE	$16.8 million	$3.1 million
May 13, 1987	SYRACUSE SAVINGS BANK	SYRACUSE, NY	ASSISTANCE	$1.2 billion	$0
May 14, 1987	THE FIRST NATIONAL BANK OF ELBOW LAKE	ELBOW LAKE, MN	FAILURE	$14.2 million	$7.7 million
May 14, 1987	MARLIN NATIONAL BANK	MARLIN, TX	FAILURE	$39.6 million	$12.7 million
May 14, 1987	TODD COUNTY STATE BANK	LONG PRAIRIE, MN	FAILURE	$15.4 million	$2.4 million
May 14, 1987	UNITED BANK	LIBBY, MT	FAILURE	$15.4 million	$1.7 million
May 15, 1987	LIBERTY S&LA	NEW PORT RICHEY, FL	FAILURE	$98.7 million	Not published by the FDIC
May 20, 1987	INDEPENDENT AMERICAN SA	IRVING, TX	FAILURE	$1.0 billion	$1.6 billion
May 21, 1987	BANK OF OAK GROVE	OAK GROVE, LA	FAILURE	$24.0 million	$6.0 million
May 21, 1987	TEXAS INVESTMENT BANK, N.A.	HOUSTON, TX	FAILURE	$17.1 million	$8.0 million
May 21, 1987	LAKE AUSTIN NATIONAL BANK	AUSTIN, TX	FAILURE	$43.7 million	$14.1 million
May 28, 1987	TEXAS NATIONAL BANK-WESTHEIMER	HOUSTON, TX	FAILURE	$26.3 million	$18.1 million
May 29, 1987	FIRST NATIONAL BANK OF WILMONT	WILMONT, MN	FAILURE	$13.3 million	$2.0 million
June 4, 1987	THE FIRST STATE BANK	FRISCO, TX	FAILURE	$43.3 million	$10.3 million
June 4, 1987	UNITED BANK OF TEXAS	AUSTIN, TX	FAILURE	$208.4 million	$62.4 million
June 5, 1987	SECURITY BANK OF RICH HILL	RICH HILL, MO	ASSISTANCE	$13.0 million	$225.0 thousand
June 11, 1987	FIRST STATE BANK	MILFORD, TX	FAILURE	$7.3 million	$1.9 million
June 11, 1987	THE BENTON STATE BANK	BENTON, KS	FAILURE	$9.4 million	$3.0 million
June 11, 1987	NORTHWEST COMMERCIAL BANK, N.A.	HOUSTON, TX	FAILURE	$14.2 million	$4.7 million
June 11, 1987	SECURITY SAVINGS ASSOCIATION	TEXARKANA, TX	FAILURE	$429.8 million	Not published by the FDIC
June 12, 1987	HAMILTON COUNTY STATE BANK	LOCKLAND, OH	FAILURE	$13.8 million	$0
June 12, 1987	WHITTIER THRIFT & LOAN	WHITTIER, CA	FAILURE	$15.2 million	$3.3 million
June 12, 1987	FRONTIER S&LA	FAIRBANKS, AK	FAILURE	$7.4 million	$2.4 million
June 18, 1987	FIRST MIDWEST BANK	MARYVILLE, MO	FAILURE	$25.6 million	$1.8 million
June 18, 1987	INVESTORS FEDERAL BANK	EL RENO, OK	FAILURE	$97.5 million	$60.0 million
June 24, 1987	PELICAN STATE BANK	MANSFIELD, LA	FAILURE	$7.2 million	$3.4 million
June 25, 1987	EIGHTY NINER BANK OF COYLE	COYLE, OK	FAILURE	$6.6 million	$1.5 million
June 25, 1987	SOUTH DENVER NATIONAL BANK	GLENDALE, CO	FAILURE	$59.6 million	$21.1 million
June 26, 1987	LANESBORO STATE BANK	LANESBORO, MN	FAILURE	$11.4 million	$2.3 million
June 26, 1987	LIBERTY BANK & TRUST COMPANY	GREENWOOD, LA	FAILURE	$12.6 million	$5.2 million
June 29, 1987	UNITED FS&LA	DURANT, OK	FAILURE	$89.8 million	$46.4 million
June 30, 1987	FORT LEE S&LA	FORT LEE, NJ	ASSISTANCE	$170.6 million	$13.1 million
July 2, 1987	BANK OF BRAZORIA	BRAZORIA, TX	FAILURE	$24.5 million	$3.7 million
July 2, 1987	CITIZENS BANK	BRYAN, TX	FAILURE	$46.4 million	$13.8 million
July 2, 1987	UNITED FIRST FS&LA	BOISE, ID	ASSISTANCE	$344.5 million	$73.2 million
July 2, 1987	PROVIDENT FS&LA	BOISE, ID	ASSISTANCE	$222.3 million	$54.6 million
July 9, 1987	RED OAK STATE BANK	RED OAK, TX	FAILURE	$44.4 million	$6.6 million
July 9, 1987	FIRST CONTINENTAL BK OF ROCKRIMMON, N.A.	COLORADO SPRINGS, CO	FAILURE	$6.6 million	$4.1 million
July 17, 1987	BANKTEXAS DALLAS, N.A.	DALLAS, TX	ASSISTANCE	$541.3 million	$58.0 million
July 17, 1987	BANCTEXAS MCKINNEY, N.A.	MCKINNEY, TX	ASSISTANCE	$121.5 million	$23.5 million
July 17, 1987	BANCTEXAS HOUSTON	HOUSTON, TX	ASSISTANCE	$45.9 million	$8.8 million
July 17, 1987	BANCTEXAS RICHARDSON, N.A.	RICHARDSON, TX	ASSISTANCE	$81.0 million	$13.1 million
July 17, 1987	BANCTEXAS WHITE ROCK, N.A.	DALLAS, TX	ASSISTANCE	$80.9 million	$12.7 million
July 17, 1987	BANCTEXAS SULPHUR SPRINGS, N.A.	SULPHUR SPRINGS, TX	ASSISTANCE	$18.3 million	$2.7 million
July 17, 1987	BANCTEXAS WESTHEIMER	HOUSTON, TX	ASSISTANCE	$34.1 million	$6.6 million
July 17, 1987	BANCTEXAS ALLEN PARKWAY, N.A.	HOUSTON, TX	ASSISTANCE	$125.0 million	$3.8 million
July 17, 1987	BANCTEXAS CARROLLTON, N.A.	CARROLLTON, TX	ASSISTANCE	$51.1 million	$7.9 million
July 17, 1987	BANCTEXAS NORTHSIDE HOUSTON, N.A	HOUSTON, TX	ASSISTANCE	$61.1 million	$9.0 million
July 17, 1987	BANCTEXAS QUORUM, N.A.	ADDISON, TX	ASSISTANCE	$21.2 million	$3.7 million
July 23, 1987	FARMERS & MERCHANTS BANK	EUFAULA, OK	FAILURE	$11.5 million	$3.5 million
July 23, 1987	BANK OF LOS GATOS, N.A.	LOS GATOS, CA	FAILURE	$13.1 million	$1.3 million
July 23, 1987	FREEDOM S&LA	TAMPA, FL	FAILURE	$1.9 billion	Not published by the FDIC
July 30, 1987	BANK OF GRANITE	GRANITE, OK	FAILURE	$13.2 million	$2.8 million
July 30, 1987	THE FIRST NATIONAL BANK OF YUKON	YUKON, OK	FAILURE	$40.3 million	$8.8 million
July 30, 1987	FARMERS STATE BANK	KANAWHA, IA	FAILURE	$15.9 million	$2.4 million
July 30, 1987	EMPIRE NATIONAL BANK	LOS ANGELES, CA	FAILURE	$8.8 million	$3.1 million
July 31, 1987	VALLEY BANK OF BELGRADE	BELGRADE, MT	ASSISTANCE	$18.6 million	$3.0 million
July 31, 1987	OK FEDERAL S&LA	EL RENO, OK	ASSISTANCE	$51.8 million	$62.2 million
August 6, 1987	SECURITY STATE BANK	ROOSEVELT, OK	FAILURE	$15.2 million	$9.0 million
August 6, 1987	THE SECURITY STATE BANK	DAVENPORT, OK	FAILURE	$9.4 million	$3.6 million
August 6, 1987	FRENCH MARKET HOMESTEAD	METAIRIE, LA	FAILURE	$321.1 million	Not published by the FDIC
August 6, 1987	ACADIA S&LA	CROWLEY, LA	FAILURE	$159.9 million	Not published by the FDIC
August 7, 1987	BAYSHORE BANK OF FLORIDA	MIAMI, FL	FAILURE	$41.5 million	$6.7 million
August 13, 1987	FIRST STATE BANK	BLANCHARD, OK	FAILURE	$23.6 million	$12.1 million
August 13, 1987	THE FIRST NATIONAL BANK OF NAVASOTA	NAVASOTA, TX	FAILURE	$31.7 million	$8.2 million
August 13, 1987	THE FIRST NATIONAL BANK OF LUTHER	LUTHER, OK	FAILURE	$17.1 million	$9.6 million
August 14, 1987	MCNULTY BANKING COMPANY	ST. PETERSBURG, FL	FAILURE	$56.6 million	$6.8 million
August 19, 1987	FIRST SAVINGS OF LA	LA PLACE, LA	FAILURE	$33.6 million	Not published by the FDIC
August 20, 1987	THE FIRST STATE BANK	WILLOW, OK	FAILURE	$6.7 million	$1.5 million
August 20, 1987	AMERICAN EXCHANGE BANK & TRUST CO	NORMAN, OK	FAILURE	$87.8 million	$40.6 million
August 20, 1987	AMERICAN NATIONAL BANK OF EVANSTON	EVANSTON, WY	FAILURE	$9.1 million	$4.0 million
August 20, 1987	SUNBELT FS&LA	WATONGA, OK	FAILURE	$65.5 million	$35.4 million
August 21, 1987	PEOPLE'S STATE BANK OF MAZEPPA	MAZEPPA, MN	FAILURE	$21.6 million	$4.9 million
August 27, 1987	BANK OF NORTH AMERICA	HOUSTON, TX	FAILURE	$34.5 million	$10.2 million
August 27, 1987	CITIZENS BANK OF GLENDALE	DENVER, CO	FAILURE	$4.4 million	$406.3 thousand
August 28, 1987	ROCKY MOUNTAIN STATE BANK	SALT LAKE CITY, UT	FAILURE	$18.6 million	$3.0 million
September 3, 1987	THE FIRST NATIONAL BANK OF HAMMON	HAMMON, OK	FAILURE	$6.3 million	$1.6 million
September 3, 1987	THE FIRST NATIONAL BANK OF TIPTON	TIPTON, OK	FAILURE	$8.2 million	$4.4 million
September 10, 1987	WAXAHACHIE BANK & TRUST COMPANY	WAXAHACHIE, TX	FAILURE	$68.9 million	$21.7 million
September 10, 1987	LA MARQUE BANK	LA MARQUE, TX	FAILURE	$6.3 million	$1.0 million
September 11, 1987	FIRST STATE BANK OF ROLLINGSTONE	ROLLINGSTONE, MN	FAILURE	$15.2 million	$3.0 million
September 11, 1987	CENTRAL NATIONAL BANK OF NEW YORK	NEW YORK, NY	FAILURE	$180.8 million	$58.7 million
September 17, 1987	THE TALMAGE STATE BANK	TALMAGE, KS	FAILURE	$6.7 million	$1.3 million
September 17, 1987	BREAUX BRIDGE BANK & TRUST COMPANY	BREAUX BRIDGE, LA	FAILURE	$22.5 million	$13.8 million
September 17, 1987	MUSTANG NATIONAL BANK	MUSTANG, OK	FAILURE	$12.1 million	$2.7 million
September 17, 1987	STEEPLECHASE NATIONAL BANK	HOUSTON, TX	FAILURE	$15.9 million	$3.7 million
September 18, 1987	STOCKMEN'S BANK & TRUST COMPANY	GILLETTE, WY	FAILURE	$117.4 million	$41.1 million
September 18, 1987	PHENIX FS&LA	PHENIX CITY, AL	FAILURE	$225.5 million	Not published by the FDIC
September 19, 1987	TWIN CITY FS & LA	WEST MONROE, LA	FAILURE	$149.5 million	$160.6 million
September 24, 1987	THE CITIZENS BANK	DRUMRIGHT, OK	FAILURE	$35.1 million	$14.6 million
September 24, 1987	THE MURDOCK STATE BANK	MURDOCK, KS	FAILURE	$9.2 million	$2.1 million
September 24, 1987	THE MAYFIELD STATE BANK, MAYFIELD	MAYFIELD, KS	FAILURE	$6.8 million	$2.4 million
September 24, 1987	LYONS FEDERAL TRUST & SAVINGS	COUNTRYSIDE, IL	ASSISTANCE	$2.3 billion	$561.6 million
September 25, 1987	COMMONWEALTH BANK	TORRANCE, CA	FAILURE	$85.1 million	$16.7 million
September 28, 1987	VALLEY STATE BANK	LOS ANGELES, CA	FAILURE	$93.2 million	$2.2 million
October 1, 1987	SECURITY STATE BANK	OXFORD, NE	FAILURE	$12.2 million	$1.8 million
October 1, 1987	WESTERN BANK-WESTHEIMER	HOUSTON, TX	FAILURE	$260.6 million	$96.3 million
October 1, 1987	CLAY COUNTY STATE BANK	DILWORTH, MN	FAILURE	$10.1 million	$1.1 million
October 1, 1987	WESTERN BANK-WESTWOOD, N.A.	HOUSTON, TX	FAILURE	$44.2 million	$11.6 million
October 1, 1987	WESTERN BANK-NORTH WILCREST, N.A	HOUSTON, TX	FAILURE	$41.1 million	$12.9 million
October 2, 1987	STATE BANK OF GREENWALD	GREENWALD, MN	FAILURE	$23.3 million	$4.3 million
October 8, 1987	CITIZENS BANK OF KREBS	KREBS, OK	FAILURE	$14.7 million	$5.3 million
October 8, 1987	UNITED SERVICES BANK	HARTSHORNE, OK	FAILURE	$15.3 million	$5.7 million
October 8, 1987	THE FIRST NATIONAL BANK OF BRUSH	BRUSH, CO	FAILURE	$20.9 million	$3.3 million
October 15, 1987	CITIZENS BANK OF RAY	RAY, ND	FAILURE	$11.7 million	$1.9 million
October 15, 1987	AMERICAN NATIONAL BANK OF AFTON	AFTON, WY	FAILURE	$11.4 million	$2.2 million
October 15, 1987	FIRST CALIFORNIA SAVINGS BANK	SAN FERNANDO, CA	FAILURE	$220.6 million	Not published by the FDIC
October 16, 1987	YANKEE BANK FOR FINANCE & SAVING	BOSTON, MA	FAILURE	$525.5 million	$63.6 million
October 16, 1987	COMMERCIAL BANK, N.A.	OKLAHOMA CITY, OK	ASSISTANCE	$23.4 million	$4.5 million
October 20, 1987	TOPEKA SAVINGS ASSOCIATION	TOPEKA, KS	FAILURE	$112.5 million	Not published by the FDIC
October 21, 1987	PIONEER BANK OF FOUNTAIN	FOUNTAIN, CO	FAILURE	$12.7 million	$1.1 million
October 22, 1987	ALASKA NATIONAL BANK OF THE NORTH	FAIRBANKS, AK	FAILURE	$203.1 million	$34.3 million
October 22, 1987	FIRST STATE BANK OF BOVINA	BOVINA, TX	FAILURE	$20.1 million	$0
October 22, 1987	NEW WORLD NATIONAL BANK	PITTSBURGH, PA	FAILURE	$14.7 million	$2.1 million
October 22, 1987	WESTERN NATIONAL BANK	BRYAN, TX	FAILURE	$22.7 million	$8.9 million
October 23, 1987	SIERRA S&LA	GARDNERVILLE, NV	FAILURE	$12.1 million	$563.8 thousand
October 30, 1987	CAPITAL BANK & TRUST CO.	BATON ROUGE, LA	FAILURE	$384.4 million	$55.5 million
October 30, 1987	AMERICAN SECURITY BANK	NORTH PLATTE, NE	FAILURE	$27.1 million	$3.7 million
October 30, 1987	DELTA PACIFIC BANK	PITTSBURG, CA	FAILURE	$17.7 million	$1.3 million
October 31, 1987	FIRST FS&LA NATCHITOCHES	NATCHITOCHES, LA	ASSISTANCE	$48.1 million	$29.4 million
November 10, 1987	MIDDLE PARK BANK	GRANBY, CO	FAILURE	$34.9 million	$14.9 million
November 10, 1987	BANK OF WINTER PARK	WINTER PARK, CO	FAILURE	$24.4 million	$13.9 million
November 10, 1987	TRI-STATE NATIONAL BANK	BELLE FOURCHE, SD	FAILURE	$10.7 million	$1.8 million
November 12, 1987	GULF FS&LA	MOBILE, AL	ASSISTANCE	$6.1 million	$1.3 million
November 13, 1987	WEST TEXAS STATE BANK OF CANYON	CANYON, TX	FAILURE	$20.4 million	$3.3 million
November 13, 1987	TRI-COUNTY S&LA	CAMDEN, NJ	FAILURE	$36.5 million	$18.9 million
November 17, 1987	ARGO FS&LA	SUMMIT, IL	ASSISTANCE	$25.6 million	$3.6 million
November 19, 1987	THE PEOPLES BANK AND TRUST OF IBERIA PARIS	NEW IBERIA, LA	FAILURE	$79.1 million	$9.1 million
November 19, 1987	THE ALEXANDER STATE BANK	ALEXANDER, KS	FAILURE	$9.2 million	$2.3 million
November 19, 1987	THE TIMKEN STATE BANK	TIMKEN, KS	FAILURE	$3.1 million	$1.3 million
November 19, 1987	REPUBLIC BANK	OKLAHOMA CITY, OK	FAILURE	$49.1 million	$23.0 million
December 3, 1987	THE FARMERS NATIONAL BANK OF CORDELL	CORDELL, OK	FAILURE	$62.3 million	$33.6 million
December 3, 1987	FIRST STATE BANK	OAKDALE, NE	FAILURE	$5.6 million	$499.5 thousand
December 3, 1987	THE PEOPLES BANK	OLIVE HILL, KY	FAILURE	$40.9 million	$7.6 million
December 3, 1987	CENTER STATE BANK	CENTER, NE	FAILURE	$8.4 million	$1.6 million
December 3, 1987	CROFTON STATE BANK	CROFTON, NE	FAILURE	$11.6 million	$1.7 million
December 3, 1987	STATE BANK OF JANSEN	JANSEN, NE	FAILURE	$5.0 million	$264.4 thousand
December 3, 1987	CLIMBING HILL SAVINGS BANK	CLIMBING HILL, IA	FAILURE	$5.4 million	$646.4 thousand
December 3, 1987	CROSSROADS BANK	VICTORIA, TX	ASSISTANCE	$25.1 million	$1.3 million
December 3, 1987	MADISON BANK & TRUST COMPANY	RICHMOND, LA	FAILURE	$9.7 million	$3.1 million
December 3, 1987	STATE BANK OF COMMERCE	SLIDELL, LA	FAILURE	$49.2 million	$14.2 million
December 10, 1987	THE FIRST NATIONAL BANK IN RHOME	RHOME, TX	FAILURE	$9.2 million	$1.9 million
December 10, 1987	LOUISIANA BANK & TRUST COMPANY	CROWLEY, LA	FAILURE	$18.5 million	$7.8 million
December 10, 1987	AMERICAN BANK IN LOUISIANA	MORGAN CITY, LA	FAILURE	$15.0 million	$4.0 million
December 10, 1987	BANCFIRST-AUSTIN, N.A.	AUSTIN, TX	FAILURE	$25.3 million	$14.1 million
December 10, 1987	HERITAGE NATIONAL BANK	AUSTIN, TX	FAILURE	$53.2 million	$19.5 million
December 11, 1987	FIRST INTERSTATE BANK OF ALASKA	ANCHORAGE, AK	FAILURE	$367.7 million	$104.4 million
December 11, 1987	LEWIS AND CLARK STATE BANK	LAKE OSWEGO, OR	FAILURE	$20.3 million	$2.5 million
December 11, 1987	SURETY FS&LA	MORGANTON, NC	ASSISTANCE	$124.9 million	Not published by the FDIC
December 16, 1987	MT. PLEASANT S&LA	MT. PLEASANT, TX	ASSISTANCE	$24.9 million	$7.0 million
December 16, 1987	BOONE COUNTY FS&LA	CENTRALIA, MO	ASSISTANCE	$19.7 million	$2.5 million
December 17, 1987	BANK OF MABANK	MABANK, TX	FAILURE	$43.8 million	$9.7 million
December 17, 1987	USBANK	DENTON, TX	FAILURE	$86.0 million	$19.6 million
December 17, 1987	AMERICAN BANK OF COMMERCE	LAKE CHARLES, LA	FAILURE	$35.5 million	$4.3 million
December 18, 1987	FIRST STATE BANK AT SHOSHONI	SHOSHONI, WY	FAILURE	$4.6 million	$1.1 million
December 29, 1987	THE FALUN STATE BANK	FALUN, KS	ASSISTANCE	$3.1 million	$50.0 thousand
December 29, 1987	COMMUNITY FS&LA	HAMILTON, OH	ASSISTANCE	$405.6 million	$21.3 million
December 30, 1987	FIRST FINANCIAL OF LA	LUTCHER, LA	ASSISTANCE	$159.5 million	$105.7 million
December 30, 1987	FIRST FS&LA OF ALEXANDRIA	ALEXANDRIA, LA	ASSISTANCE	$148.7 million	$48.9 million
December 30, 1987	FIRSTBANC FSB	GONZALES, LA	ASSISTANCE	$46.3 million	$33.1 million
December 31, 1987	FIRST FINANCIAL BANK, FSB	NEW ORLEANS, LA	ASSISTANCE	$744.9 million	$51.5 million
December 31, 1987	AMERICAN FS&LA	LYNCHBURG, VA	ASSISTANCE	$166.5 million	$44.5 million
December 31, 1987	GIBSON FEDERAL S&LA	GIBSON CITY, IL	ASSISTANCE	$131.5 million	$37.4 million
December 31, 1987	FIRST FS&LA OF SLIDELL	SLIDELL, LA	ASSISTANCE	$46.2 million	$13.2 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 September 30, 2026