The Graveyard › Banks › 1985
The Farmers National Bank of Erick
Erick, OK · failed February 7, 1985 · FDIC certificate 4093
The Farmers National Bank of Erick of Erick, OK failed on February 7, 1985. It opened on May 26, 1922, 62 years before. At its last report before that it held $16.8 million in assets and $17.3 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $3.6 million on it.
1984-031984-12
Assets at the end$16.8 millionlast report before February 7, 1985
Deposits at the end$17.3 million
Estimated loss to the fund$3.6 millionFDIC
Equity to assets-4.8%December 31, 1984
Loans not being repaid13.0%noncurrent, December 31, 1984
Return on assets-11.19%a year's rate, December 31, 1984
Staff15full time, December 31, 1984
On the FDIC's list: FARMERS NATIONAL BANK OF ERICK.
Take today's blind testAlso ended in 1985
- Bowery Savings Bank · New York · $5.3 billion in assets · assisted
- Beverly Hills S&LA · Beverly Hills · $2.9 billion in assets · assisted
- Central S&LA · San Diego · $2.3 billion in assets · assisted
- Bell S&LA · San Mateo · $1.6 billion in assets · assisted
- Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
- Sunrise, S&LA · Lake Worth, FL · $1.5 billion 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.