FDIC failed bank list
Bank failures in 1976
17 insured banks failed in 1976, with combined assets of $1.0B. Texas had the most (4).
| Bank | City | Closed | Assets | Acquirer | Est. cost to FDIC |
|---|---|---|---|---|---|
| International City Bank and Trust Company | New Orleans, LA | Dec 3, 1976 | $176.3M | 0 | — |
| First State Bank & Trust Co. | Rio Grande City, TX | Nov 19, 1976 | $13.8M | 0 | — |
| Centennial Bank | Philadelphia, PA | Oct 19, 1976 | $13.7M | 0 | — |
| The Hamilton Bank and Trust Company | Atlanta, GA | Oct 8, 1976 | $40.1M | 0 | — |
| American Bank & Trust Company | New York, NY | Sep 15, 1976 | $224.5M | 0 | — |
| The New Boston Bank and Trust Company | Boston, MA | Sep 14, 1976 | $6.7M | 0 | — |
| Citizens State Bank | Carrizo Springs, TX | Jun 28, 1976 | $17.4M | 0 | — |
| Coronado National Bank | Denver, CO | Jun 25, 1976 | $2.6M | 0 | — |
| Mt. Zion Deposit Bank | Mt. Zion, KY | Jun 25, 1976 | $507K | 0 | — |
| First State Bank of Hudson County | Jersey City, NJ | Jun 14, 1976 | $14.1M | 0 | — |
| Northeast Bank of Houston | Houston, TX | Jun 3, 1976 | $18.1M | 0 | — |
| First State Bank of Northern California | San Leandro, CA | May 21, 1976 | $56.0M | 0 | — |
| Farmers Bank of the State of Delaware | Wilmington, DE | Mar 15, 1976 | — | 0 | — |
| South Texas Bank | Houston, TX | Feb 25, 1976 | $7.8M | 0 | — |
| The Hamilton National Bank of Chattanooga | Chattanooga, TN | Feb 16, 1976 | $412.1M | 0 | — |
| Bank of Woodmoor | Woodmoor, CO | Jan 12, 1976 | $4.0M | 0 | — |
| The Bank of Bloomfield | Bloomfield, NJ | Jan 10, 1976 | $31.7M | 0 | — |