The Graveyard › Banks › 2000
The Bank of Falkner
Falkner, MS · failed September 29, 2000 · FDIC certificate 338
The Bank of Falkner of Falkner, MS failed on September 29, 2000. It opened in 1923, 77 years before. At its last report before that it held $85.5 million in assets and $77.1 million in deposits. The FDIC estimates that the Bank Insurance Fund lost $14.6 million on it.
1984-032000-06
Assets at the end$85.5 millionlast report before September 29, 2000
Deposits at the end$77.1 million
Estimated loss to the fund$14.6 millionBIF
Largest in the quarterly reports$86.8 millionMarch 31, 2000
Equity to assets8.6%June 30, 2000
Loans not being repaid9.5%noncurrent, June 30, 2000
Return on assets-0.80%a year's rate, June 30, 2000
Staff26full time, June 30, 2000
On the FDIC's list: BANK OF FALKNER.
Could you have seen it coming? Play Dot-comAlso ended in 2000
- Hartford-Carlisle SB · Carlisle, IA · $105.0 million in assets
- The National State Bank of Metropolis · Metropolis, IL · $90.4 million in assets
- Bank of Honolulu · Honolulu, HI · $63.9 million in assets
- Mutual Federal Savings Bank of Atlanta · Atlanta, GA · $31.5 million in assets
- Town and Country Bank of Almelund · Almelund, MN · $25.9 million in assets
- Monument National Bank · Ridgecrest, CA · $7.9 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.