BranchWatch

Failed banks

Bank failures in 1987

262 FDIC-insured institutions failed in 1987.

BankLocationDateDeposits (pre-failure)Assets (pre-failure)
Gibson Federal S&LaGibson City, IllinoisDecember 31, 1987$146M$132M
First Fs&La of SlidellSlidell, LouisianaDecember 31, 1987$49M$46M
First Financial Bank, FsbNew Orleans, LouisianaDecember 31, 1987$573M$745M
American Fs&LaLynchburg, VirginiaDecember 31, 1987$197M$167M
Firstbanc FsbGonzales, LouisianaDecember 30, 1987$47M$46M
First Fs&La of AlexandriaAlexandria, LouisianaDecember 30, 1987$149M$149M
First Financial of LaLutcher, LouisianaDecember 30, 1987$152M$160M
The Falun State BankFalun, KansasDecember 29, 1987$3M$3M
Community Fs&LaHamilton, OhioDecember 29, 1987$379M$406M
First State Bank At ShoshoniShoshoni, WyomingDecember 18, 1987$4M$5M
UsbankDenton, TexasDecember 17, 1987$85M$86M
Bank of MabankMabank, TexasDecember 17, 1987$45M$44M
American Bank of CommerceLake Charles, LouisianaDecember 17, 1987$36M$35M
Mt. Pleasant S&LaMt. Pleasant, TexasDecember 16, 1987$29M$25M
Boone County Fs&LaCentralia, MissouriDecember 16, 1987$21M$20M
Surety Fs&LaMorganton, North CarolinaDecember 11, 1987$111M$125M
Lewis and Clark State BankLake Oswego, OregonDecember 11, 1987$20M$20M
First Interstate Bank of AlaskaAnchorage, AlaskaDecember 11, 1987$359M$368M
The First National Bank In RhomeRhome, TexasDecember 10, 1987$9M$9M
Louisiana Bank & Trust CompanyCrowley, LouisianaDecember 10, 1987$21M$18M
Heritage National BankAustin, TexasDecember 10, 1987$51M$53M
Bancfirst-Austin, N.A.Austin, TexasDecember 10, 1987$28M$25M
American Bank In LouisianaMorgan City, LouisianaDecember 10, 1987$15M$15M
The Peoples BankOlive Hill, KentuckyDecember 3, 1987$39M$41M
The Farmers National Bank of CordellCordell, OklahomaDecember 3, 1987$60M$62M
State Bank of JansenJansen, NebraskaDecember 3, 1987$5M$5M
State Bank of CommerceSlidell, LouisianaDecember 3, 1987$49M$49M
Madison Bank & Trust CompanyRichmond, LouisianaDecember 3, 1987$10M$10M
First State BankOakdale, NebraskaDecember 3, 1987$5M$6M
Crossroads BankVictoria, TexasDecember 3, 1987$25M$25M
Crofton State BankCrofton, NebraskaDecember 3, 1987$11M$12M
Climbing Hill Savings BankClimbing Hill, IowaDecember 3, 1987$5M$5M
Center State BankCenter, NebraskaDecember 3, 1987$8M$8M
The Timken State BankTimken, KansasNovember 19, 1987$3M$3M
The Peoples Bank and Trust of Iberia ParisNew Iberia, LouisianaNovember 19, 1987$76M$79M
The Alexander State BankAlexander, KansasNovember 19, 1987$9M$9M
Republic BankOklahoma City, OklahomaNovember 19, 1987$57M$49M
Argo Fs&LaSummit, IllinoisNovember 17, 1987$30M$26M
West Texas State Bank of CanyonCanyon, TexasNovember 13, 1987$20M$20M
Tri-County S&LaCamden, New JerseyNovember 13, 1987$46M$37M
Gulf Fs&LaMobile, AlabamaNovember 12, 1987$6M$6M
Tri-State National BankBelle Fourche, South DakotaNovember 10, 1987$11M$11M
Middle Park BankGranby, ColoradoNovember 10, 1987$33M$35M
Bank of Winter ParkWinter Park, ColoradoNovember 10, 1987$23M$24M
First Fs&La NatchitochesNatchitoches, LouisianaOctober 31, 1987$62M$48M
Delta Pacific BankPittsburg, CaliforniaOctober 30, 1987$17M$18M
Capital Bank & Trust Co.Baton Rouge, LouisianaOctober 30, 1987$343M$384M
American Security BankNorth Platte, NebraskaOctober 30, 1987$26M$27M
Sierra S&LaGardnerville, NevadaOctober 23, 1987$13M$12M
Western National BankBryan, TexasOctober 22, 1987$24M$23M
New World National BankPittsburgh, PennsylvaniaOctober 22, 1987$15M$15M
First State Bank of BovinaBovina, TexasOctober 22, 1987$17M$20M
Alaska National Bank of the NorthFairbanks, AlaskaOctober 22, 1987$200M$203M
Pioneer Bank of FountainFountain, ColoradoOctober 21, 1987$12M$13M
Topeka Savings AssociationTopeka, KansasOctober 20, 1987$105M$112M
Yankee Bank For Finance & SavingBoston, MassachusettsOctober 16, 1987$488M$525M
Commercial Bank, N.A.Oklahoma City, OklahomaOctober 16, 1987$22M$23M
First California Savings BankSan Fernando, CaliforniaOctober 15, 1987$224M$221M
Citizens Bank of RayRay, North DakotaOctober 15, 1987$11M$12M
American National Bank of AftonAfton, WyomingOctober 15, 1987$11M$11M
United Services BankHartshorne, OklahomaOctober 8, 1987$14M$15M
The First National Bank of BrushBrush, ColoradoOctober 8, 1987$21M$21M
Citizens Bank of KrebsKrebs, OklahomaOctober 8, 1987$14M$15M
State Bank of GreenwaldGreenwald, MinnesotaOctober 2, 1987$20M$23M
Western Bank-Westwood, N.A.Houston, TexasOctober 1, 1987$43M$44M
Western Bank-WestheimerHouston, TexasOctober 1, 1987$256M$261M
Western Bank-North Wilcrest, N.AHouston, TexasOctober 1, 1987$41M$41M
Security State BankOxford, NebraskaOctober 1, 1987$12M$12M
Clay County State BankDilworth, MinnesotaOctober 1, 1987$10M$10M
Valley State BankLos Angeles, CaliforniaSeptember 28, 1987$92M$93M
Commonwealth BankTorrance, CaliforniaSeptember 25, 1987$84M$85M
The Murdock State BankMurdock, KansasSeptember 24, 1987$8M$9M
The Mayfield State Bank, MayfieldMayfield, KansasSeptember 24, 1987$6M$7M
The Citizens BankDrumright, OklahomaSeptember 24, 1987$33M$35M
Lyons Federal Trust & SavingsCountryside, IllinoisSeptember 24, 1987$1.5B$2.3B
Twin City Fs & LaWest Monroe, LouisianaSeptember 19, 1987$182M$149M
Stockmen'S Bank & Trust CompanyGillette, WyomingSeptember 18, 1987$112M$117M
Phenix Fs&LaPhenix City, AlabamaSeptember 18, 1987$235M$226M
The Talmage State BankTalmage, KansasSeptember 17, 1987$7M$7M
Steeplechase National BankHouston, TexasSeptember 17, 1987$14M$16M
Mustang National BankMustang, OklahomaSeptember 17, 1987$12M$12M
Breaux Bridge Bank & Trust CompanyBreaux Bridge, LouisianaSeptember 17, 1987$30M$22M
First State Bank of RollingstoneRollingstone, MinnesotaSeptember 11, 1987$14M$15M
Central National Bank of New YorkNew York, New YorkSeptember 11, 1987$175M$181M
Waxahachie Bank & Trust CompanyWaxahachie, TexasSeptember 10, 1987$66M$69M
La Marque BankLa Marque, TexasSeptember 10, 1987$6M$6M
The First National Bank of TiptonTipton, OklahomaSeptember 3, 1987$7M$8M
The First National Bank of HammonHammon, OklahomaSeptember 3, 1987$6M$6M
Rocky Mountain State BankSalt Lake City, UtahAugust 28, 1987$18M$19M
Citizens Bank of GlendaleDenver, ColoradoAugust 27, 1987$4M$4M
Bank of North AmericaHouston, TexasAugust 27, 1987$31M$35M
People'S State Bank of MazeppaMazeppa, MinnesotaAugust 21, 1987$20M$22M
The First State BankWillow, OklahomaAugust 20, 1987$6M$7M
Sunbelt Fs&LaWatonga, OklahomaAugust 20, 1987$60M$66M
American National Bank of EvanstonEvanston, WyomingAugust 20, 1987$9M$9M
American Exchange Bank & Trust CoNorman, OklahomaAugust 20, 1987$96M$88M
First Savings of LaLa Place, LouisianaAugust 19, 1987$45M$34M
Mcnulty Banking CompanySt. Petersburg, FloridaAugust 14, 1987$53M$57M
The First National Bank of NavasotaNavasota, TexasAugust 13, 1987$31M$32M
The First National Bank of LutherLuther, OklahomaAugust 13, 1987$18M$17M
First State BankBlanchard, OklahomaAugust 13, 1987$22M$24M
Bayshore Bank of FloridaMiami, FloridaAugust 7, 1987$40M$41M
The Security State BankDavenport, OklahomaAugust 6, 1987$9M$9M
Security State BankRoosevelt, OklahomaAugust 6, 1987$17M$15M
French Market HomesteadMetairie, LouisianaAugust 6, 1987$303M$321M
Acadia S&LaCrowley, LouisianaAugust 6, 1987$162M$160M
Valley Bank of BelgradeBelgrade, MontanaJuly 31, 1987$16M$19M
Ok Federal S&LaEl Reno, OklahomaJuly 31, 1987$87M$52M
The First National Bank of YukonYukon, OklahomaJuly 30, 1987$42M$40M
Farmers State BankKanawha, IowaJuly 30, 1987$15M$16M
Empire National BankLos Angeles, CaliforniaJuly 30, 1987$10M$9M
Bank of GraniteGranite, OklahomaJuly 30, 1987$13M$13M
Freedom S&LaTampa, FloridaJuly 23, 1987$1.2B$1.9B
Farmers & Merchants BankEufaula, OklahomaJuly 23, 1987$14M$11M
Bank of Los Gatos, N.A.Los Gatos, CaliforniaJuly 23, 1987$13M$13M
Banktexas Dallas, N.A.Dallas, TexasJuly 17, 1987$383M$541M
Banctexas White Rock, N.A.Dallas, TexasJuly 17, 1987$81M$81M
Banctexas WestheimerHouston, TexasJuly 17, 1987$42M$34M
Banctexas Sulphur Springs, N.A.Sulphur Springs, TexasJuly 17, 1987$18M$18M
Banctexas Richardson, N.A.Richardson, TexasJuly 17, 1987$76M$81M
Banctexas Quorum, N.A.Addison, TexasJuly 17, 1987$23M$21M
Banctexas Northside Houston, N.AHouston, TexasJuly 17, 1987$61M$61M
Banctexas Mckinney, N.A.Mckinney, TexasJuly 17, 1987$120M$122M
Banctexas HoustonHouston, TexasJuly 17, 1987$45M$46M
Banctexas Carrollton, N.A.Carrollton, TexasJuly 17, 1987$52M$51M
Banctexas Allen Parkway, N.A.Houston, TexasJuly 17, 1987$162M$125M
Red Oak State BankRed Oak, TexasJuly 9, 1987$42M$44M
First Continental Bk of Rockrimmon, N.A.Colorado Springs, ColoradoJuly 9, 1987$6M$7M
United First Fs&LaBoise, IdahoJuly 2, 1987$300M$344M
Provident Fs&LaBoise, IdahoJuly 2, 1987$211M$222M
Citizens BankBryan, TexasJuly 2, 1987$44M$46M
Bank of BrazoriaBrazoria, TexasJuly 2, 1987$24M$24M
Fort Lee S&LaFort Lee, New JerseyJune 30, 1987$183M$171M
United Fs&LaDurant, OklahomaJune 29, 1987$78M$90M
Liberty Bank & Trust CompanyGreenwood, LouisianaJune 26, 1987$12M$13M
Lanesboro State BankLanesboro, MinnesotaJune 26, 1987$11M$11M
South Denver National BankGlendale, ColoradoJune 25, 1987$62M$60M
Eighty Niner Bank of CoyleCoyle, OklahomaJune 25, 1987$6M$7M
Pelican State BankMansfield, LouisianaJune 24, 1987$7M$7M
Investors Federal BankEl Reno, OklahomaJune 18, 1987$96M$98M
First Midwest BankMaryville, MissouriJune 18, 1987$26M$26M
Whittier Thrift & LoanWhittier, CaliforniaJune 12, 1987$14M$15M
Hamilton County State BankLockland, OhioJune 12, 1987$12M$14M
Frontier S&LaFairbanks, AlaskaJune 12, 1987$8M$7M
The Benton State BankBenton, KansasJune 11, 1987$9M$9M
Security Savings AssociationTexarkana, TexasJune 11, 1987$479M$430M
Northwest Commercial Bank, N.A.Houston, TexasJune 11, 1987$14M$14M
First State BankMilford, TexasJune 11, 1987$7M$7M
Security Bank of Rich HillRich Hill, MissouriJune 5, 1987$13M$13M
United Bank of TexasAustin, TexasJune 4, 1987$190M$208M
The First State BankFrisco, TexasJune 4, 1987$43M$43M
First National Bank of WilmontWilmont, MinnesotaMay 29, 1987$12M$13M
Texas National Bank-WestheimerHouston, TexasMay 28, 1987$26M$26M
Texas Investment Bank, N.A.Houston, TexasMay 21, 1987$15M$17M
Lake Austin National BankAustin, TexasMay 21, 1987$43M$44M
Bank of Oak GroveOak Grove, LouisianaMay 21, 1987$24M$24M
Independent American SaIrving, TexasMay 20, 1987$1.4B$1.0B
Liberty S&LaNew Port Richey, FloridaMay 15, 1987$115M$99M
United BankLibby, MontanaMay 14, 1987$14M$15M
Todd County State BankLong Prairie, MinnesotaMay 14, 1987$15M$15M
The First National Bank of Elbow LakeElbow Lake, MinnesotaMay 14, 1987$16M$14M
Marlin National BankMarlin, TexasMay 14, 1987$44M$40M
Syracuse Savings BankSyracuse, New YorkMay 13, 1987$1.1B$1.2B
Moreauville State BankMoreauville, LouisianaMay 8, 1987$17M$17M
Farmers State BankMaddock, North DakotaMay 8, 1987$12M$12M
North American National BankLittleton, ColoradoMay 7, 1987$9M$10M
First State Bank of SissetonSisseton, South DakotaMay 7, 1987$19M$20M
American Bank of CommerceDenver, ColoradoMay 6, 1987$25M$26M
Unitedbank-HoustonHouston, TexasApril 30, 1987$183M$217M
Peoples State BankTurkey, TexasApril 30, 1987$6M$6M
Heritage Bank & TrustSalt Lake County, UtahApril 29, 1987$16M$18M
Liberty Fs&LaLeesville, LouisianaApril 24, 1987$151M$135M
Osceola State Bank & Trust CompanyOsceola, IowaApril 23, 1987$8M$9M
North Central National BankAustin, TexasApril 23, 1987$23M$23M
The Peoples BankCollinsville, AlabamaApril 22, 1987$12M$12M
The Bank of North MississippiOakland, MississippiApril 22, 1987$14M$14M
Southern Floridabanc SaBoca Raton, FloridaApril 16, 1987$257M$219M
First State Bank of Forest CityForest City, MissouriApril 16, 1987$7M$6M
First Commercial Bank of Texas,Houston, TexasApril 16, 1987$5M$4M
First Bank of SaginawSaginaw, TexasApril 16, 1987$30M$31M
The Citizens State BankBrownstown, IndianaApril 10, 1987$28M$29M
Future S&LaAlbany, OregonApril 10, 1987$58M$58M
Bank of Iron CountyParowan, UtahApril 10, 1987$19M$20M
The Southwestern Bank, N.A.Houston, TexasApril 9, 1987$15M$15M
First National Bank of BramanBraman, OklahomaApril 9, 1987$12M$12M
Deer Lodge Bank & Trust CompanyDeer Lodge, MontanaApril 9, 1987$14M$15M
Commonwealth BankGlendale, ColoradoApril 9, 1987$8M$8M
Tahoe S&LaSouth Lake Tahoe, CaliforniaApril 3, 1987$91M$81M
The First National Bank of HeringtonHerington, KansasApril 2, 1987$20M$21M
Tallulah State Bank & Trust CompTallulah, LouisianaMarch 27, 1987$31M$31M
Equitable S&LaStanton, CaliforniaMarch 27, 1987$84M$59M
The First State Bank In BillingsBillings, OklahomaMarch 26, 1987$10M$10M
South Florida Savings BankDavie, FloridaMarch 25, 1987$176M$172M
Western S&LaSalt Lake City, UtahMarch 24, 1987$361M$393M
Vernon S&LaVernon, TexasMarch 20, 1987$1.6B$1.3B
The Madill Bank & Trust CompanyMadill, OklahomaMarch 20, 1987$39M$40M
New City BankOrange, CaliforniaMarch 20, 1987$26M$26M
Morocco State BankMorocco, IndianaMarch 20, 1987$16M$16M
First Southern SaPascagoula, MississippiMarch 20, 1987$57M$47M
First Fs&LaHagerstown, MarylandMarch 20, 1987$125M$96M
Bayou Fs&LaNew Orleans, LouisianaMarch 20, 1987$28M$26M
Sweeney BankSweeney, TexasMarch 19, 1987$20M$20M
Red River National Bank In ClarksvilleClarksville, TexasMarch 19, 1987$23M$23M
Clarks Fork National BankFromberg, MontanaMarch 19, 1987$8M$8M
Perpetual SbLos Angeles, CaliforniaMarch 18, 1987$60M$62M
United Oklahoma BankOklahoma City, OklahomaMarch 17, 1987$122M$172M
Victor S&LaMuskogee, OklahomaMarch 13, 1987$505M$601M
Home S&LaSeattle, WashingtonMarch 13, 1987$118M$151M
Beaver Creek State BankBeaver Creek, MinnesotaMarch 13, 1987$7M$7M
Western BankEl Paso, TexasMarch 12, 1987$46M$47M
The First National Bank of OlneyOlney, TexasMarch 12, 1987$17M$17M
Plaza National BankDel Rio, TexasMarch 12, 1987$33M$34M
Expressway BankOklahoma City, OklahomaMarch 12, 1987$20M$19M
South Bay S&LaGardens, CaliforniaMarch 6, 1987$64M$62M
Sealy National BankSealy, TexasMarch 5, 1987$8M$8M
Liberty BankHouston, TexasMarch 5, 1987$54M$57M
First National Bank of SapulpaSapulpa, OklahomaMarch 5, 1987$8M$7M
First National Bank In West ConcordWest Concord, MinnesotaMarch 5, 1987$9M$9M
The First State BankRockford, IowaMarch 4, 1987$15M$16M
The Lewistown BankLewistown, IllinoisFebruary 27, 1987$15M$15M
Key S&LaEnglewood, ColoradoFebruary 27, 1987$204M$242M
First Fs&La of BeloitBeloit, KansasFebruary 27, 1987$90M$83M
First National Bank of CrosbyCrosby, TexasFebruary 26, 1987$8M$8M
Farmers State BankHart, TexasFebruary 26, 1987$10M$10M
Central Bank & Trust CompanyGlenmora, LouisianaFebruary 26, 1987$25M$21M
American National BankDurant, OklahomaFebruary 25, 1987$10M$10M
The First National Bank of WeslacoWeslaco, TexasFebruary 20, 1987$73M$71M
Hub City Bank & Trust CompanyLafayette, LouisianaFebruary 20, 1987$38M$38M
First State Bank of AtmoreAtmore, AlabamaFebruary 19, 1987$12M$12M
Universal Sa, FaChickasha, OklahomaFebruary 13, 1987$88M$105M
The County BankManatee County, FloridaFebruary 13, 1987$160M$187M
Life Savings of AmericaRockford, IllinoisFebruary 13, 1987$339M$342M
First State Bank of King City, MissouriKing City, MissouriFebruary 13, 1987$15M$14M
Security National BankMidland, TexasFebruary 12, 1987$9M$9M
First City Bank of AtokaAtoka, OklahomaFebruary 12, 1987$12M$12M
Federated National BankLive Oak, TexasFebruary 12, 1987$12M$14M
Community BankSeiling, OklahomaFebruary 11, 1987$5M$5M
Sunbelt National BankDallas, TexasFebruary 5, 1987$12M$11M
State Bank of AllisonAllison, IowaFebruary 5, 1987$17M$17M
Market National BankDenver, ColoradoFebruary 5, 1987$9M$9M
Boulevard State BankWichita, KansasFebruary 5, 1987$90M$102M
The La Pryor State BankLa Pryor, TexasJanuary 29, 1987$5M$6M
The Farmers National Bank of RemingtonRemington, IndianaJanuary 29, 1987$33M$35M
Peoples Bank & Trust CompanyHoldenville, OklahomaJanuary 29, 1987$19M$20M
Montgomery County Bank, N.A.The Woodlands, TexasJanuary 29, 1987$48M$48M
First State Bank of PattonsburgPattonburg, MissouriJanuary 29, 1987$6M$6M
Bear Creek National BankBear Creek, TexasJanuary 29, 1987$26M$27M
The First National Bank of MarlboroughMarlborough, MassachusettsJanuary 23, 1987$56M$61M
North America S&LaSanta Anna, CaliforniaJanuary 23, 1987$221M$220M
First Sierra BankBishop, CaliforniaJanuary 23, 1987$23M$23M
National Bank of FrederickFrederick, OklahomaJanuary 22, 1987$22M$24M
Umpqua S&LaRoseburg, OregonJanuary 16, 1987$88M$108M
Magic Valley S&LaWeslaco, TexasJanuary 16, 1987$117M$103M
First S&La of BurkburnettBurkburnett, TexasJanuary 16, 1987$74M$205M
The First National Bank of SkiatookSkiatook, OklahomaJanuary 15, 1987$14M$14M
The First National Bank of Rush SpringsRush Springs, OklahomaJanuary 15, 1987$13M$13M
Latimer Bank & TrustLatimer, IowaJanuary 15, 1987$22M$23M
First Charter BankDenver, ColoradoJanuary 15, 1987$9M$10M
State Bank of CubaCuba, IllinoisJanuary 9, 1987$18M$18M
The Security Nat Bk & Tr Co. of NormanNorman, OklahomaJanuary 8, 1987$171M$199M
Bowie National BankBowie, TexasJanuary 8, 1987$12M$12M
American National Bank of Grand JunctionGrand Junction, ColoradoJanuary 8, 1987$7M$8M

Transcribed from the FDIC BankFind Suite failures dataset. Deposit and asset figures are from the last quarterly Call Report filed before failure, not balances on the failure date.