# BANK OF COMMERCE

> **Failed bank** · MORRISTOWN, TN · failed 1986-11-26 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $11M

## What happened

BANK OF COMMERCE of MORRISTOWN, TN was closed by regulators on **1986-11-26**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **BANKOF EAST TENNESSEE** (MORRISTOWN, TN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1314
- **FDIC Certificate:** 15409
- **FDIC FIN:** 1931
- **Bank name:** BANK OF COMMERCE
- **Location:** MORRISTOWN, TN
- **Failure date:** 1986-11-26
- **FDIC resolution date:** 1986-11-26
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $65M
- **Assets at failure:** $67M
- **Acquiring bank:** BANKOF EAST TENNESSEE (MORRISTOWN, TN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BANK%20OF%20COMMERCE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BANK OF COMMERCE (FDIC ID 1314), failed 1986-11-26. Retrieved via AI Analytics 2026-07-07 from https://api.ai-analytics.org/failed-bank/1314.

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