The Graveyard › Banks › 1984
Farmers State Bank
Lyons, SD · failed June 15, 1984 · FDIC certificate 9009
Farmers State Bank of Lyons, SD failed on June 15, 1984. It opened on December 16, 1906, 77 years before. At its last report before that it held $3.2 million in assets and $3.0 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $854,695 on it.
Assets at the end$3.2 millionlast report before June 15, 1984
Deposits at the end$3.0 million
Estimated loss to the fund$854,695FDIC
Equity to assets3.9%March 31, 1984
Loans not being repaid11.3%noncurrent, March 31, 1984
Return on assets-2.73%a year's rate, March 31, 1984
Staff6full time, March 31, 1984
Also ended in 1984
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- Continental Fs&La · Cleveland · $1.0 billion in assets · assisted
- San Marino S&LA · San Marino, CA · $856.8 million in assets
- Suburbia Fs&La · Garden City · $660.2 million in assets · assisted
- Century Fs&La · Cedarhurst · $651.7 million in assets · assisted
- Orange Savings Bank · Livingston · $513.4 million in assets · assisted
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.