The Graveyard › Banks › 1988
Liberty Bank and Trust Company
Warsaw, IN · failed October 3, 1988 · FDIC certificate 8040
Liberty Bank and Trust Company of Warsaw, IN failed on October 3, 1988. It opened in 1916, 72 years before. At its last report before that it held $48.7 million in assets and $45.8 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $7.8 million on it.
1984-031988-06
Assets at the end$48.7 millionlast report before October 3, 1988
Deposits at the end$45.8 million
Estimated loss to the fund$7.8 millionFDIC
Largest in the quarterly reports$48.7 millionJune 30, 1988
Equity to assets2.9%June 30, 1988
Loans not being repaid7.8%noncurrent, June 30, 1988
Return on assets0.29%a year's rate, June 30, 1988
Staff39full time, June 30, 1988
On the FDIC's list: LIBERTY BANK & TRUST COMPANY.
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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.