FDIC failed bank list
Bank failures in 1992
181 insured banks failed in 1992, with combined assets of $89.6B and an estimated cost to the deposit insurance fund of $7.0B. Texas had the most (31).
| Bank | City | Closed | Assets | Acquirer | Est. cost to FDIC |
|---|---|---|---|---|---|
| The Bremen State Bank | Bremen, KS | Dec 18, 1992 | $2.7M | 0 | $722K |
| The Rushville National Bank | Rushville, IN | Dec 18, 1992 | $41.6M | Peoples Trust Co | $6.0M |
| Eastland Bank | Woonsocket, RI | Dec 11, 1992 | $85.4M | Fleet National Bank | $0 |
| Eastland Savings Bank | Woonsocket, RI | Dec 11, 1992 | $515.3M | Fleet National Bank | $10.3M |
| Meritor Savings Bank | Philadelphia, PA | Dec 11, 1992 | $4.1B | Mellon Bank National Ass | $360 |
| Sailors & Merchants B&t Co. | Vienna, VA | Dec 11, 1992 | $34.8M | First Union Bank of Virg | $5.0M |
| Citizens State Bank | Princeton, TX | Dec 10, 1992 | $12.9M | Citizens State Bank | $247K |
| Palm Beach Fsa | Palm Beach Garden, FL | Dec 8, 1992 | $59.4M | Southbank, a FSB | $20.9M |
| Burritt Interfinancial Bancorporation | New Britain, CT | Dec 4, 1992 | $523.9M | Derby Savings Bank | $79.0M |
| Carteret FSB | Madison, NJ | Dec 4, 1992 | $4.8B | Branch Sale | $24.0M |
| Heritage Bank for Savings | Holyoke, MA | Dec 4, 1992 | $1.3B | Fleet Bank of Ma NA | $24.0M |
| Huntington Pacific Thrift & Loan | Huntington, CA | Dec 4, 1992 | $40.5M | 0 | $17.4M |
| Second National, FSB | Salisbury, MD | Dec 4, 1992 | $1.6B | Branch Sale | $78.0M |
| Security Federal | Vineland, NJ | Dec 4, 1992 | $1.2B | Meridian Bank, NJ | $41.4M |
| Crestline Fs & LA | Crestline, OH | Nov 20, 1992 | $27.5M | Premier B&t | $6.9M |
| Irving Fb for Savings | Chicago, IL | Nov 20, 1992 | $247.0M | Branch Sale | $4.6M |
| Polifly Fs & LA | New Milford, NJ | Nov 20, 1992 | $458.0M | Branch Sale | $35.1M |
| The Merchants Bank | Kansas City, MO | Nov 20, 1992 | $1.5B | Boatmen'S First Nb of Kc | $123.2M |
| First New York Bank for Business | New York, NY | Nov 13, 1992 | $530.7M | Merchants Bank of New Yo | $164.6M |
| Guaranty-First Trust Company | Waltham, MA | Nov 13, 1992 | $353.2M | Fleet Bank of Ma NA | $60.2M |
| Investors Bank and Trust Company | Gretna, LA | Nov 13, 1992 | $51.6M | Delta Bank&trust Co | $4.8M |
| Metro North State Bank | Kansas City, MO | Nov 13, 1992 | $472.5M | Boatmen'S First Nb of Kc | $159.5M |
| Statewide Thrift and Loan Co. | Redwood City, CA | Nov 13, 1992 | $9.6M | Fireside Thrift Co | $2.3M |
| The Overland Park Fs & LA | Overland Park, KS | Nov 13, 1992 | $213.4M | Conservative Sb, FSB | $6.4M |
| First FSB of Georgia, Fa | Winder, GA | Nov 6, 1992 | $108.2M | Branch Sale | $4.4M |
| Greenwood Bank of Bethel, Inc. | Bethel, CT | Nov 6, 1992 | $33.3M | Union Sb of Danbury | $9.8M |
| First City, Texas - Alice, NA | Alice, TX | Oct 30, 1992 | $128.0M | Alice Bank of Texas | $0 |
| First City, Texas - Aransas Pass | Aransas Pass, TX | Oct 30, 1992 | $51.7M | Corpus Christi National Ban | $0 |
| First City, Texas - Austin, NA | Austin, TX | Oct 30, 1992 | $345.5M | The Frost National Bank | $0 |
| First City, Texas - Beaumont, NA | Beaumont, TX | Oct 30, 1992 | $532.2M | Texas Commerce Bancshares, | $0 |
| First City, Texas - Bryan, NA | Bryan, TX | Oct 30, 1992 | $340.2M | Victoria Bank and Trust | $0 |
| First City, Texas - Corpus Chris | Corpus Christi, TX | Oct 30, 1992 | $462.8M | Mercantile Bank, NA | $0 |
| First City, Texas - Dallas, NA | Dallas, TX | Oct 30, 1992 | $1.4B | Texas Commerce Bancshares, | $0 |
| First City, Texas - El Paso, NA | El Paso, TX | Oct 30, 1992 | $395.9M | Sunwest Bank of El Paso | $0 |
| First City, Texas - Graham, NA | Graham, TX | Oct 30, 1992 | $95.4M | First National Bank of Olne | $0 |
| First City, Texas - Houston, NA | Houston, TX | Oct 30, 1992 | $2.8B | Texas Commerce Bancshares, | $0 |
| First City, Texas - Kountze, NA | Kountze, TX | Oct 30, 1992 | $51.3M | Citizens Bank | $0 |
| First City, Texas - Lake Jackson | Lake Jackson, TX | Oct 30, 1992 | $104.3M | First Heights Bank, FSB | $0 |
| First City, Texas - Lufkin, NA | Lufkin, TX | Oct 30, 1992 | $156.6M | First Commercial Corporatio | $0 |
| First City, Texas - Madisonville | Madisonville, TX | Oct 30, 1992 | $123.4M | Madisonville State Bank | $0 |
| First City, Texas - Midland, NA | Midland, TX | Oct 30, 1992 | $313.1M | Texas Commerce Bancshares | $0 |
| First City, Texas - Orange, NA | Orange, TX | Oct 30, 1992 | $132.0M | First Heights Bank, FSB | $0 |
| First City, Texas - San Angelo, | San Angelo, TX | Oct 30, 1992 | $142.8M | First National Bank of West | $0 |
| First City, Texas - San Antonio | San Antonio, TX | Oct 30, 1992 | $265.7M | The Frost National Bank | $0 |
| First City, Texas - Sour Lake | Sour Lake, TX | Oct 30, 1992 | $53.5M | Citizens Bank | $0 |
| First City, Texas - Tyler, NA | Tyler, TX | Oct 30, 1992 | $259.2M | First Commercial Corporatio | $0 |
| Homestead Fsa | San Francisco, CA | Oct 30, 1992 | $1.3B | Branch Sale | $19.2M |
| Standard FSB | Gaithersburg, MD | Oct 21, 1992 | $1.7B | Branch Sale | $527.6M |
| Freedom Bank | Ranger, TX | Oct 16, 1992 | $20.9M | Peoples State Bank | $3K |
| Security Fs & LA | Jackson, MS | Oct 16, 1992 | $276.5M | Branch Sale | $42.6M |
| Universal Bank | Lanham, MD | Oct 16, 1992 | $18.0M | 0 | $6.0M |
| Peidmont Fsa | Manassas, VA | Oct 9, 1992 | $444.6M | Crestar Bank | $75.6M |
| Eastwest Bank, N.A. | Kihei, HI | Oct 2, 1992 | $3.8M | First Hawaiian Bank | $870K |
| First Constitution Bank | New Haven, CT | Oct 2, 1992 | $1.6B | First Federal Bank a FSB | $125.6M |
| The Howard Savings Bank | Newark, NJ | Oct 2, 1992 | $3.5B | First Fidelity Bank NA N | $68.0M |
| Highlands Community Bank, N.A. | Clinton Township, NJ | Sep 25, 1992 | $19.7M | Somerset Trust Co | $2.5M |
| Hometown Bank | Edison, NJ | Sep 25, 1992 | $25.2M | Somerset Trust Co | $7.3M |
| First Exchange Bank of Little Rock | Little Rock, AR | Sep 24, 1992 | $24.7M | First Commercial Bank NA | $1.9M |
| Plymouth Five Cents Savings Bank | Plymouth, MA | Sep 18, 1992 | $221.0M | Citizens Bank of Ma | $5.3M |
| The Washington Bank | Fairfax County, VA | Sep 18, 1992 | $28.1M | George Mason Bank | $5.1M |
| The First National Bank of Yorktown | Yorktown, TX | Sep 10, 1992 | $34.4M | Citizens Bank | $7.6M |
| Potomac FSB | Silver Spring, MD | Aug 28, 1992 | $72.3M | Maryland Fs&la | $32.0M |
| Seacoast Savings Bank | Dover, NH | Aug 28, 1992 | $84.8M | First S&la of New Hampsh | $7.1M |
| The Union Savings Bank | Patchogue, NY | Aug 28, 1992 | $491.1M | Home Federal Savings Ban | $133.9M |
| Attleboro Pawtucket Sb | Pawtucket, MA | Aug 21, 1992 | $632.5M | New Bedford Inst for Svg | $28.1M |
| Birmingham FSB | Birmingham, AL | Aug 21, 1992 | $91.8M | First Commercial Bank | $3.4M |
| Winchendon Savings Bank | Winchendon, MA | Aug 14, 1992 | $65.2M | Athol Savings Bank | $7.3M |
| Citadel Fs & LA | Charleston, SC | Aug 7, 1992 | $39.0M | Carolina First Bank | $8.8M |
| Foxworth Bank | Foxworth, MS | Aug 7, 1992 | $36.5M | Trustmark National Bank | $5.4M |
| Massachusetts Bank & Trust Co. | Brockton, MA | Jul 31, 1992 | $61.8M | Haymarket Coop Bank | $13.4M |
| First Russell County | Phenix City, AL | Jul 24, 1992 | $87.0M | Branch Sale | $390K |
| First National Bank of Texas | Webster, TX | Jul 23, 1992 | $92.1M | First Prosperity Bank | $14.2M |
| Liberty FSB | Warrenton, VA | Jul 17, 1992 | $92.0M | Jefferson Nb | $12.3M |
| New England Fsa | Wellesley, MA | Jul 17, 1992 | $137.3M | Cambridgeport Bank | $25.9M |
| State Bank of Springfield | Springfield, MN | Jul 17, 1992 | $30.3M | Southwest State Bank | $127K |
| Home FSB | Norfolk, VA | Jul 10, 1992 | $224.2M | Home Sb, FSB | $42.8M |
| Southern Fsa of Georgia | Atlanta, GA | Jul 10, 1992 | $160.0M | Branch Sale | $8.4M |
| Transohio, FSB | Cleveland, OH | Jul 10, 1992 | $3.4B | Branch Sale | $52.1M |
| Homefed Bank, Fa | San Diego, CA | Jul 6, 1992 | $12.2B | Branch Sale | $751.6M |
| Jacksonville Fsa | Jacksonville, FL | Jun 26, 1992 | $150.9M | First Union Nb of Fl | $25.3M |
| Olympic International Bank & Trust | Boston, MA | Jun 26, 1992 | $140.3M | Haymarket Coop Bank | $69.2M |
| The Somersworth Bank | Somersworth, NH | Jun 26, 1992 | $114.1M | New Dartmouth Bank | $18.4M |
| Vernon Bank | Vernon, CT | Jun 26, 1992 | $34.3M | Bank of South Windsor | $3.1M |
| American National Bank - Post Oak | Houston, TX | Jun 25, 1992 | $24.7M | First Prosperity Bank | $4.5M |
| Castle Hills National Bank | San Antonio, TX | Jun 25, 1992 | $13.8M | International Bk of Com | $429K |
| Coastal FSB | New London, CT | Jun 19, 1992 | $238.2M | Branch Sale | $5.9M |
| First Home Fsa | Pittsburgh, PA | Jun 19, 1992 | $131.7M | First Home FSB, FSB | $463K |
| First Newport FSB | Newport Beach, CA | Jun 19, 1992 | $35.0M | Sterling B&t, FSB | $3.2M |
| American Interstate Bank | Newport Beach, CA | Jun 12, 1992 | $42.0M | Marine National Bank | $7.4M |
| American Savings Bank | White Plains, NY | Jun 12, 1992 | $3.2B | First Fidelity Bank NA N | $431.3M |
| Cherokee Valley Fsa | Cleveland, TN | Jun 12, 1992 | $142.5M | Branch Sale | $347 |
| Columbia Banking Fed. | Rochester, NY | Jun 12, 1992 | $1.3B | Branch Sale | $40.6M |
| Landmark Bank for Savings | Whitman, MA | Jun 12, 1992 | $62.1M | Abington Savings Bank | $11.2M |
| Riverhead Savings Bank | Riverhead, NY | Jun 12, 1992 | $388.8M | Bank of New York | $0 |
| San Clemente FSB | San Clemente, CA | Jun 12, 1992 | $220.4M | Household Bank, FSB | $32.8M |
| Cooper River, Fsa | North Charleston, SC | Jun 5, 1992 | $228.9M | First Citizens B&tc of Sc | $10.7M |
| First American FSB | Greensboro, NC | Jun 5, 1992 | $804.3M | Centura Bank | $35.4M |
| Republic FSB | Matteson, IL | Jun 5, 1992 | $290.3M | Regency Sb, FSB | $79 |
| Volunteer Fsa | Little Ferry, NJ | Jun 5, 1992 | $51.2M | Interchange State Bank | $5.2M |
| Home Unity Federal | Lafayette Hill, PA | Jun 4, 1992 | $684.8M | Branch Sale | $18.5M |
| Mayfair Bank | Chicago, IL | Jun 4, 1992 | $32.2M | Foster Bank | $1.2M |
| The Home State Bank | Longton, KS | Jun 4, 1992 | $4.2M | 0 | $730K |
| North American Thrift and Loan | Corona Del Mar, CA | May 29, 1992 | $21.3M | 0 | $4.5M |
| Workingmen'S Co-Operative Bank | Boston, MA | May 29, 1992 | $223.7M | First Nb of Boston | $12.9M |
| Powder Mill Bank | Morris Plains, NJ | May 22, 1992 | $49.6M | Valley National Bank | $6.9M |
| First Fsa | Lewiston, ME | May 21, 1992 | $83.0M | Kingfield Sb | $11.8M |
| Malden Trust Company | Malden, MA | May 15, 1992 | $225.2M | Eastern Bank | $39.4M |
| Brookfield Bank | Brookfield, CT | May 8, 1992 | $60.7M | Bristol Federal Savings | $41.7M |
| Shenandoah Fsa | Martinsburg, WV | May 8, 1992 | $94.2M | Blue Ridge Bank | $5.1M |
| First Exchange Bank North St. Louis | Florissant, MO | May 7, 1992 | $45.9M | First Bank a Savings Ban | $0 |
| First Exchange Bank of Cape Girardeau | Cape Girardeau, MO | May 7, 1992 | $84.4M | Commerce Bk Poplar Bluff | $9.7M |
| First Exchange Bank of Madison County | Fredericktown, MO | May 7, 1992 | $34.8M | Commerce Bk St Francois | $1.6M |
| First Exchange Bank of St. Louis | St. Louis, MO | May 7, 1992 | $55.6M | Magna Bk St Louis Clayto | $7.1M |
| Jackson Exchange Bank & Trust Co | Jackson, MO | May 7, 1992 | $123.3M | Boatmens Nb Cape Girarde | $16.4M |
| The Financial Center Bank, N.A. | San Francisco, CA | May 4, 1992 | $225.2M | 0 | $25.6M |
| Metropolitan Bank, N.A. | Washington, DC | May 1, 1992 | $27.1M | Adams National Bank | $2.2M |
| First FSB of South Dakota | Rapid City, SD | Apr 24, 1992 | $155.9M | Metropolitan Fb, FSB | $24.1M |
| First South Sb | Columbia, SC | Apr 24, 1992 | $57.0M | Southtrust Bank of Charlest | $7.5M |
| Shore Bank & Trust Co. | Lynn, MA | Apr 24, 1992 | $183.2M | Eastern Bank | $70.6M |
| Southstate Bank for Savings | Brockton, MA | Apr 24, 1992 | $285.9M | Baybank | $10.5M |
| The Norwalk Bank | Norwalk, CT | Apr 24, 1992 | $80.6M | Bank of Darien | $17.4M |
| Valley Commercial Bank | Stockton, CA | Apr 24, 1992 | $30.8M | Union Safe Deposit Bank | $4.8M |
| Federal Sa of Virginia | Falls Church, VA | Apr 10, 1992 | $31.5M | Fairfax B&tc | $14.5M |
| Security First Fs & LA | Daytona Beach, FL | Apr 10, 1992 | $1.0B | First Union Nb of Fl | $24.1M |
| Valley Fs & LA | Van Nuys, CA | Apr 10, 1992 | $2.0B | American Sb, Fa | $124.4M |
| Fairfield County Trust Company | Stamford, CT | Apr 9, 1992 | $132.4M | Chase Manhattan Bk of Ct | $19.2M |
| Red Bird Bank of Dallas | Dallas, TX | Apr 9, 1992 | $38.6M | Bank of the Sw of Dallas | $10.5M |
| Commonwealth FSB | Manassas, VA | Apr 3, 1992 | $72.5M | Fairfax B&tc | $16.4M |
| First State Sa | Sedalia, MO | Apr 3, 1992 | $166.1M | Mercantile Bank of Sedalia | $2K |
| Summit National Bank | Torrington, CT | Apr 3, 1992 | $91.4M | American Bank of Connect | $22.8M |
| The Bank of Beverly Hills | Beverly Hills, CA | Apr 3, 1992 | $125.9M | 0 | $25.0M |
| First Community Bank of Cherokee | Woodstock, GA | Mar 31, 1992 | $35.6M | Etowah Bank | $6.9M |
| Flagler Fs & LA | Miami, FL | Mar 27, 1992 | $1.6B | First Union Nb of Fl | $101.6M |
| Placer Bank of Commerce | Roseville, CA | Mar 27, 1992 | $34.8M | American River Bank | $5.3M |
| Vanguard Savings Bank | Holyoke, MA | Mar 27, 1992 | $427.9M | Fleet Bank of Ma NA | $120.5M |
| American Bank of Commerce | Oklahoma City, OK | Mar 26, 1992 | $13.5M | Rockwell Bank National a | $2.3M |
| Theodore Roosevelt National Bank | Washington, DC | Mar 26, 1992 | $13.8M | Industrial Bank of Wa | $3.4M |
| The Bank for Savings | Malden, MA | Mar 20, 1992 | $398.0M | Medford Savings Bank | $21.7M |
| United Mercantile B & T Co, N.A. | Pasadena, CA | Mar 20, 1992 | $36.5M | Onecentral Bank | $12.4M |
| Farmers & Merchants Bank | Tryon, OK | Mar 19, 1992 | $4.3M | Union Nb of Chandler | $940K |
| Independence Bank | Plano, TX | Mar 19, 1992 | $21.8M | First Western National B | $2.8M |
| Southside National Bank | Nacogdoches, TX | Mar 19, 1992 | $12.0M | Fredonia State Bank | $3.3M |
| First Security Bank of Anaconda | Anaconda, MT | Mar 16, 1992 | $31.6M | Bank of Montana Anaconda | $6.0M |
| Broadway Bank | Paterson, NJ | Mar 13, 1992 | $400.5M | Hudson United Bank | $76.2M |
| Carrolton Home | New Orleans, LA | Mar 13, 1992 | $35.9M | Liberty B&tc | $2.2M |
| First Ohio Sb, FSB | St. Bernard, OH | Mar 13, 1992 | $40.8M | Patriot FSB | $228 |
| Progressive National Bank of Rayne | Rayne, LA | Mar 12, 1992 | $11.4M | St Landry Bank&trust Co | $1.7M |
| Ukranian Fs & LA | Philadelphia, PA | Mar 12, 1992 | $74.9M | Branch Sale | $8.9M |
| New Heritage Bank | Lawrence, MA | Mar 6, 1992 | $99.8M | First Nb of Boston | $19.3M |
| Alpha Indian Rock Fs & LA | Philadelphia, PA | Feb 28, 1992 | $7.2M | Roxborough-Manayunk | $2.8M |
| Colony Savings Bank | Wallingford, CT | Feb 28, 1992 | $35.7M | New Haven Savings Bank | $5.7M |
| Irvington FSB | Glen Burnie, MD | Feb 28, 1992 | $43.8M | Arundel FSB | $5.1M |
| Lemont Fsa | Lemont, IL | Feb 28, 1992 | $193.7M | Branch Sale | $53.0M |
| Mission Viejo National Bank | Mission Viejo, CA | Feb 28, 1992 | $114.6M | 0 | $31.4M |
| Vista Fsa | Reston, VA | Feb 28, 1992 | $113.2M | Eastern American Bank, FSB | $36.9M |
| Columbia Bank | Avondale, AZ | Feb 27, 1992 | $17.0M | Valley Nb of Arizona | $3.7M |
| Dollar Dry Dock Bank | White Plains, NY | Feb 21, 1992 | $4.0B | Emigrant Savings Bank | $309.1M |
| National City Bank | Coral Springs, FL | Feb 21, 1992 | $19.0M | Intercontinental Bank | $2.6M |
| The Bank of Brandywine Valley | West Chester, PA | Feb 21, 1992 | $44.9M | Wilmington Trust Co | $12.1M |
| The Central Savings Bank | Lowell, MA | Feb 14, 1992 | $369.1M | Massbank for Savings | $26.7M |
| Kempton State Bank | Kempton, IL | Feb 7, 1992 | $3.6M | Vermilion Valley Bank | $564K |
| Merchants National Bank | Fort Myers, FL | Feb 7, 1992 | $35.1M | Founders National Trust | $5.2M |
| United Savings of America, Fa | Melbourne, FL | Feb 7, 1992 | $327.2M | Barnett Bank of Central Fl | $15.4M |
| Landmark Bank of Forth Worth | Fort Worth, TX | Feb 6, 1992 | $80.5M | Central Bank&trust | $17.5M |
| Fountain Bank | Scottsdale, AZ | Jan 31, 1992 | $15.6M | Bank of Arizona | $4.7M |
| Pelican Homestead Sa | Metairie, LA | Jan 31, 1992 | $1.3B | First Commerce Corp. | $288.3M |
| Security Fsa | Panama City, FL | Jan 31, 1992 | $107.1M | Branch Sale | $16.0M |
| Sentinel Bank | Hartford, CT | Jan 31, 1992 | $74.8M | Society for Savings | $27.5M |
| Atlantic Trust Company | Newington, NH | Jan 30, 1992 | $21.2M | Fleet Bank-Nh | $5.8M |
| Independence Bank | Los Angeles, CA | Jan 30, 1992 | $535.8M | 0 | $137.2M |
| Advanced FSB | Northridge, CA | Jan 24, 1992 | $23.1M | Payout | $19.3M |
| American National Bank of New York | Fleischmanns, NY | Jan 24, 1992 | $18.0M | 0 | $3.6M |
| Banco Nacional, National Association | San Juan, PR | Jan 24, 1992 | $52.1M | Eurobank&trust Co | $8.0M |
| Crossland Savings Bank, FSB | Brooklyn, NY | Jan 24, 1992 | $7.4B | Public Stock Sale | $753.4M |
| First State Bank | Bangs, TX | Jan 23, 1992 | $16.5M | Texas Bank | $3.0M |
| The Bank of Verde Valley | Cottonwood, AZ | Jan 16, 1992 | $10.3M | Stockmens Bank | $1.4M |
| Hansen Fsa | Hammonton, NJ | Jan 10, 1992 | $572.4M | Collective FSB | $42.4M |
| Hansen FSB | Palm Beach Garden, FL | Jan 10, 1992 | $51.8M | Fidelity FSB of Fl | $10.9M |
| Perpetual Savings Bank | Vienna, VA | Jan 10, 1992 | $2.9B | Crestar Bank | $453.7M |
| The Citizens Bank | Dallas, GA | Jan 10, 1992 | $60.6M | First Nb of Paulding Cou | $12.7M |
| Assured Thrift and Loan Association | Stockton, CA | Jan 3, 1992 | $48.2M | 0 | $21.0M |