The Graveyard › Banks › 2013
Community South Bank
Parsons, TN · failed August 23, 2013 · FDIC certificate 19849
Community South Bank of Parsons, TN failed on August 23, 2013. It opened on August 31, 1968, 44 years before. At its last report before that it held $386.9 million in assets and $377.7 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2008, it held $715.3 million. The FDIC estimates that the Deposit Insurance Fund lost $129.7 million on it.
1984-032013-06
Assets at the end$386.9 millionlast report before August 23, 2013
Deposits at the end$377.7 million
Estimated loss to the fund$129.7 millionDIF
Largest in the quarterly reports$715.3 millionDecember 31, 2008
Equity to assets1.3%June 30, 2013
Loans not being repaid15.5%noncurrent, June 30, 2013
Return on assets-2.99%a year's rate, June 30, 2013
Staff125full time, June 30, 2013
Also ended in 2013
- First National Bank · Edinburg, TX · $3.1 billion in assets
- Mountain National Bank · Sevierville, TN · $437.3 million in assets
- Douglas County Bank · Douglasville, GA · $317.3 million in assets
- Frontier Bank · Lagrange, GA · $258.8 million in assets
- First Community Bank of Southwest Florida · Fort Myers, FL · $247.3 million in assets
- SUNRISE BANK OF ARIZONA · Phoenix, AZ · $202.2 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.