The Graveyard › Banks › 2013
First Federal Bank
Lexington, KY · failed April 19, 2013 · FDIC certificate 29594
First Federal Bank of Lexington, KY failed on April 19, 2013. It opened on December 26, 1935, 77 years before. At its last report before that it held $93.0 million in assets and $87.2 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2000, it held $171.0 million. The FDIC estimates that the Deposit Insurance Fund lost $7.8 million on it.
1984-032013-03
Assets at the end$93.0 millionlast report before April 19, 2013
Deposits at the end$87.2 million
Estimated loss to the fund$7.8 millionDIF
Largest in the quarterly reports$171.0 millionDecember 31, 2000
Equity to assets0.9%March 31, 2013
Loans not being repaid15.6%noncurrent, March 31, 2013
Return on assets-1.92%a year's rate, March 31, 2013
Staff28full time, March 31, 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
- Community South Bank · Parsons, TN · $386.9 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
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.