Underfolio

The Graveyard › Banks › 1985

Farmers State Bank

Rising City, NE · failed August 2, 1985 · FDIC certificate 11828

Farmers State Bank of Rising City, NE failed on August 2, 1985. It opened on February 3, 1904, 81 years before. At its last report before that it held $12.8 million in assets and $11.9 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $14.5 million. The FDIC estimates that the FDIC's insurance fund lost $319,709 on it.

1984-031985-03
Assets at the end$12.8 millionlast report before August 2, 1985
Deposits at the end$11.9 million
Estimated loss to the fund$319,709FDIC
Largest in the quarterly reports$14.5 millionSeptember 30, 1984
Equity to assets2.5%March 31, 1985
Loans not being repaid9.1%noncurrent, March 31, 1985
Return on assets-16.85%a year's rate, March 31, 1985
Staff9full time, March 31, 1985
Take today's blind test

Also ended in 1985

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.