The Graveyard › Banks › 2012
Glasgow Savings Bank
Glasgow, MO · failed July 13, 2012 · FDIC certificate 1056
Glasgow Savings Bank of Glasgow, MO failed on July 13, 2012. It opened in 1852, 160 years before. At its last report before that it held $22.3 million in assets and $21.8 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2010, it held $39.4 million. The FDIC estimates that the Deposit Insurance Fund lost $1.4 million on it.
1984-032012-06
Assets at the end$22.3 millionlast report before July 13, 2012
Deposits at the end$21.8 million
Estimated loss to the fund$1.4 millionDIF
Largest in the quarterly reports$39.4 millionMarch 31, 2010
Equity to assets2.0%June 30, 2012
Loans not being repaid21.5%noncurrent, June 30, 2012
Return on assets-8.57%a year's rate, June 30, 2012
Staff5full time, June 30, 2012
Also ended in 2012
- Tennessee Commerce Bank · Franklin, TN · $1.0 billion in assets
- Citizens First National Bank · Princeton, IL · $924.0 million in assets
- Fidelity Bank · Dearborn, MI · $818.2 million in assets
- Waccamaw Bank · Whiteville, NC · $533.1 million in assets
- The First State Bank · Stockbridge, GA · $516.8 million in assets
- Inter Savings Bank, fsb D/B/A Interbank, fsb · Maple Grove, MN · $463.8 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.