The Graveyard › Banks › 1990

Farmers State Bank of Madisonvillle

Madisonville, TX · failed November 29, 1990 · FDIC certificate 1204

Farmers State Bank of Madisonvillle of Madisonville, TX failed on November 29, 1990. It opened on February 7, 1907, 83 years before. At its last report before that it held $34.8 million in assets and $34.6 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1986, it held $50.1 million. The FDIC estimates that the Bank Insurance Fund lost $1.6 million on it.

1984-031990-09

Assets at the end$34.8 millionlast report before November 29, 1990

Deposits at the end$34.6 million

Estimated loss to the fund$1.6 millionBIF

Largest in the quarterly reports$50.1 millionDecember 31, 1986

Equity to assets-0.2%September 30, 1990

Loans not being repaid13.2%noncurrent, September 30, 1990

Return on assets-2.60%a year's rate, September 30, 1990

Staff16full time, September 30, 1990

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Also ended in 1990

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Southwest Savings Association · Dallas, TX · $5.3 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.