NUMBER AND DEPOSITS OF BIF-INSURED BANKS CLOSED 

BECAUSE OF FINANCIAL DIFFICULTIES, 1934 THROUGH 19991

( )

Number of Deposits of

Insured Banks Insured Banks

Without With Without With

disbursements disbursements disbursements disbursements

Year Total by FDIC by FDIC Total by FDIC by FDIC Assets

Total 2,091 19 2,072 $214,333,958 $4,298,814 $210,035,144 $254,381,571

1999 7 . . . 7 $1,268,151 . . . $1,268,151 $1,423,819

1998 3 . . . 3 $335,076 . . . $335,076 $370,400

1997 1 . . . 1 26,800 . . . 26,800 25,921

1996 5 . . . 5 168,228 . . . 168,228 182,502

1995 6 . . . 6 632,700 . . . 632,700 753,024

1994 13 1 12 1,236,488 . . . 1,236,488 1,392,140

1993 41 . . . 41 3,132,177 . . . 3,132,177 3,539,373

1992 120 10 110 41,150,898 4,257,667 36,893,231 44,197,009

1991 124 . . . 124 53,751,763 . . . 53,751,763 63,119,870

1990 168 . . . 168 14,473,300 . . . 14,473,300 15,660,800

1989 206 . . . 206 24,090,551 . . . 24,090,551 29,168,596

1988 200 . . . 200 24,931,302 . . . 24,931,302 35,697,789

1987 184 . . . 184 6,281,500 . . . 6,281,500 6,850,700

1986 138 . . . 138 6,471,100 . . . 6,471,100 6,991,600

1985 120 . . . 120 8,059,441 . . . 8,059,441 8,741,268

1984 79 . . . 79 2,883,162 . . . 2,883,162 3,276,411

1983 48 . . . 48 5,441,608 . . . 5,441,608 7,026,923

1982 42 . . . 42 9,908,379 . . . 9,908,379 11,632,415

1981 10 . . . 10 3,826,022 . . . 3,826,022 4,859,060

1980 10 . . . 10 216,300 . . . 216,300 236,164

1979 10 . . . 10 110,696 . . . 110,696 132,988

1978 7 . . . 7 854,154 . . . 854,154 994,035

1977 6 . . . 6 205,208 . . . 205,208 232,612

1976 16 . . . 16 864,859 . . . 864,859 1,039,293

1975 13 . . . 13 339,574 . . . 339,574 419,950

1974 4 . . . 4 1,575,832 . . . 1,575,832 3,822,596

1973 6 . . . 6 971,296 . . . 971,296 1,309,675

1972 1 . . . 1 20,480 . . . 20,480 22,054

1971 6 . . . 6 132,058 . . . 132,058 196,520

1970 7 . . . 7 54,806 . . . 54,806 62,147

1969 9 . . . 9 40,134 . . . 40,134 43,572

1968 3 . . . 3 22,524 . . . 22,524 25,154

1967 4 . . . 4 10,878 . . . 10,878 11,993

1966 7 . . . 7 103,523 . . . 103,523 120,647

1965 5 . . . 5 43,861 . . . 43,861 58,750

1964 7 . . . 7 23,438 . . . 23,438 25,849

1963 2 . . . 2 23,444 . . . 23,444 26,179

1962 1 1 0 3,011 3,011 0 N/A

1961 5 . . . 5 8,936 . . . 8,936 9,820

1960 1 . . . 1 6,930 . . . 6,930 7,506

1959 3 . . . 3 2,593 . . . 2,593 2,858

1958 4 . . . 4 8,240 . . . 8,240 8,905

1957 2 1 1 11,247 10,084 1,163 1,253

1956 2 . . . 2 11,330 . . . 11,330 12,914

1955 5 . . . 5 11,953 . . . 11,953 11,985

1954 2 . . . 2 998 . . . 998 1,138

1953 4 2 2 44,711 26,449 18,262 18,811

1952 3 . . . 3 3,170 . . . 3,170 2,388

1951 2 . . . 2 3,408 . . . 3,408 3,050

1950 4 . . . 4 5,513 . . . 5,513 4,005

1949 5 1 4 6,665 1,190 5,475 4,886

1948 3 . . . 3 10,674 . . . 10,674 10,360

1947 5 . . . 5 7,040 . . . 7,040 6,798

1946 1 . . . 1 347 . . . 347 351

1945 1 . . . 1 5,695 . . . 5,695 6,392

1944 2 . . . 2 1,915 . . . 1,915 2,098

1943 5 . . . 5 12,525 . . . 12,525 14,058

1942 20 . . . 20 19,185 . . . 19,185 22,254

1941 15 . . . 15 29,717 . . . 29,717 34,804

1940 43 . . . 43 142,430 . . . 142,430 161,898

1939 60 . . . 60 157,772 . . . 157,772 181,514

1938 74 . . . 74 59,684 . . . 59,684 69,513

1937 77 2 75 33,677 328 33,349 40,370

1936 69 . . . 69 27,508 . . . 27,508 31,941

1935 26 1 25 13,405 85 13,320 17,242

1934 9 . . . 9 1,968 . . . 1,968 2,661

86

(Dollars in Thousands)

1 Does not include institutions insured by the Savings Association Insurance Fund (SAIF), which was established by the Financial Institutions Reform, Recovery, and 

Enforcement Act of 1989.

19

Total