The Graveyard › Banks › 2020
Almena State Bank
Almena, KS · failed October 23, 2020 · FDIC certificate 15426
Almena State Bank of Almena, KS failed on October 23, 2020. It opened in 1934, 86 years before. At its last report before that it held $65.7 million in assets and $64.9 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2018, it held $135.4 million. The FDIC estimates that the Deposit Insurance Fund lost $15.9 million on it.
1984-032020-09
Assets at the end$65.7 millionlast report before October 23, 2020
Deposits at the end$64.9 million
Estimated loss to the fund$15.9 millionDIF
Largest in the quarterly reports$135.4 millionDecember 31, 2018
Equity to assets0.0%September 30, 2020
Loans not being repaid23.8%noncurrent, September 30, 2020
Return on assets-7.28%a year's rate, September 30, 2020
Staff15full time, September 30, 2020
Also ended in 2020
- The First State Bank · Barboursville, WV · $151.8 million in assets
- First City Bank of Florida · Fort Walton Beach, FL · $136.6 million in assets
- Ericson State Bank · Ericson, NE · $100.9 million in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.