Failed Bank List

Bank failures in Montana

Montana has 16 bank failures on FDIC record since 1934, 0.5% of the national total and the 41st-highest count of any state or territory. The worst year was 1987, with 3. No bank there has failed since 2000; the last was Q Bank in 1998. The largest by assets was Bank of Columbia Falls of Columbia Falls, with $41.5 million, in 1986.

Bank failures in Montana per year012231934: 11937: 21939: 11949: 11983: 11985: 11986: 11987: 31988: 11989: 21992: 11998: 1194019501960197019801990200020102020
Failures per year in Montana. By decade: 1930s 4, 1940s 1, 1980s 9, 1990s 2.
16 failures from 1934 to 1999, newest first
ClosedBankLocationTotal assetsEst. loss
August 7, 1998Q BankFort Benton, MT$15.0 million$1.6 million
March 16, 1992First Security Bank of AnacondaAnaconda, MT$31.6 million$6.0 million
December 1, 1989First Security Bank of GlendiveGlendive, MT$32.4 million$388 thousand
June 9, 1989Treasure State BankGlasgow, MT$14.6 million$2.6 million
April 22, 1988The Village BankGreat Falls, MT$21.7 million$895 thousand
May 14, 1987United BankLibby, MT$15.4 million$1.7 million
April 9, 1987Deer Lodge Bank and Trust CompanyDeer Lodge, MT$15.2 million$3.0 million
March 19, 1987Clarks Fork National BankFromberg, MT$8.4 million$1.2 million
May 30, 1986Bank of Columbia FallsColumbia Falls, MT$41.5 million$18.4 million
August 16, 1985Montana Savings and Loan Association of KalispellKalispell, MT$26.9 million$12.9 million
November 11, 1983First National Bank of BrowningBrowning, MT$13.7 million$3.1 million
April 30, 1949Stockmens Bank of MartinsdaleMartinsdale, MT$634 thousandnot estimated
June 15, 1939Glendive State BankGlendive, MT$162 thousandnot estimated
July 13, 1937Farmers State Bank of BainvilleBainville, MT$104 thousandnot estimated
February 20, 1937The First National Bank of IsmayIsmay, MTnot reportednot estimated
July 18, 1934First National Bank of LimaLima, MT$91 thousandnot estimated

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