The Graveyard › Banks › 1949
Farmers & Merchants State Bank
Spencerville · failed October 8, 1949
Farmers & Merchants State Bank of Spencerville failed on October 8, 1949. At its last report before that it held $354,000 in assets and $437,000 in deposits. The FDIC's list gives no estimate of the loss: the FDIC says its figures are not complete for its own cases before 1986 or for FSLIC cases from 1934 to 1988.
Assets at the end$354,000last report before October 8, 1949
Deposits at the end$437,000
Estimated loss to the fundnot givenFDIC
Also ended in 1949
- The First National Bank of Dyer · Dyer · $3.2 million in assets
- The Citizens Banking Company · Weston · $740,000 in assets
- Stockmens Bank of Martinsdale · Martinsdale · $634,000 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.