Underfolio

The Graveyard › Banks › 2009

Madisonville State Bank

Madisonville, TX · failed October 30, 2009 · FDIC certificate 33782

Madisonville State Bank of Madisonville, TX failed on October 30, 2009. It opened on February 26, 1993, 16 years before. At its last report before that it held $256.3 million in assets and $224.7 million in deposits. The FDIC's list records no loss to the Deposit Insurance Fund.

1993-032009-09
Assets at the end$256.3 millionlast report before October 30, 2009
Deposits at the end$224.7 million
Estimated loss to the fundnone recordedDIF
Largest in the quarterly reports$261.9 millionJune 30, 2008
Equity to assets7.6%September 30, 2009
Loans not being repaid6.6%noncurrent, September 30, 2009
Return on assets-2.83%a year's rate, September 30, 2009
Staff40full time, September 30, 2009
Could you have seen it coming? Play The Crash of '08

Also ended in 2009

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.