The Graveyard › Banks › 1983
Smith County Bank
Carthage, TN · failed May 6, 1983 · FDIC certificate 1483
Smith County Bank of Carthage, TN failed on May 6, 1983. It opened in 1892, 91 years before. At its last report before that it held $33.0 million in assets and $30.9 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $4.7 million on it.
Assets at the end$33.0 millionlast report before May 6, 1983
Deposits at the end$30.9 million
Estimated loss to the fund$4.7 millionFDIC
Also ended in 1983
- Dry Dock Savings Bank · New York · $2.5 billion in assets · assisted
- Suburban S&LA · Wayne · $2.0 billion in assets · assisted
- Biscayne Fs&La · Miami · $1.9 billion in assets · assisted
- The First National Bank of Midland · Midland, TX · $1.4 billion in assets
- United American Bank in Knoxville · Knoxville · $760.5 million in assets · assisted
- Carondelet S&LA Also Case 115 · St. Louis · $740.6 million in assets · assisted
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.