Underfolio

The Graveyard › Banks › 1985

State Bank of Farmersville

Farmersville, IL · failed August 9, 1985 · FDIC certificate 10085

State Bank of Farmersville of Farmersville, IL failed on August 9, 1985. It opened in 1895, 90 years before. At its last report before that it held $12.0 million in assets and $12.1 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $15.4 million. The FDIC estimates that the FDIC's insurance fund lost $2.2 million on it.

1984-031985-03
Assets at the end$12.0 millionlast report before August 9, 1985
Deposits at the end$12.1 million
Estimated loss to the fund$2.2 millionFDIC
Largest in the quarterly reports$15.4 millionDecember 31, 1984
Equity to assets3.0%March 31, 1985
Loans not being repaid7.0%noncurrent, March 31, 1985
Return on assets-16.84%a year's rate, March 31, 1985
Staff10full time, March 31, 1985
Take today's blind test

Also ended in 1985

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.