Bank failure · MT

Bank of Columbia Falls (Columbia Falls, MT) — failed May 30, 1986

Bank of Columbia Falls of Columbia Falls, Montana was closed on May 30, 1986 and resolved through a purchase and assumption. First Citizens Bank NA (MT) took over its insured deposits. At failure it held $41.5M in assets and $39.2M in deposits. The FDIC's estimated loss on the failure is $18.4M (44.4% of assets).