The Graveyard › Banks › 1989
Barnard State Bank
Barnard, KS · failed August 3, 1989 · FDIC certificate 4623
Barnard State Bank of Barnard, KS failed on August 3, 1989. It opened in 1890, 99 years before. At its last report before that it held $5.0 million in assets and $5.1 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $976,267 on it.
1984-031989-06
Assets at the end$5.0 millionlast report before August 3, 1989
Deposits at the end$5.1 million
Estimated loss to the fund$976,267FDIC
Equity to assets-4.6%June 30, 1989
Loans not being repaid16.3%noncurrent, June 30, 1989
Return on assets-21.05%a year's rate, June 30, 1989
Staff5full time, June 30, 1989
Also ended in 1989
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- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
- Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
- University Federal Savings · Houston, TX · $4.5 billion 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.