The Graveyard › Banks › 1985
The First State Bank
Edna, KS · failed June 13, 1985 · FDIC certificate 4657
The First State Bank of Edna, KS failed on June 13, 1985. At its last report before that it held $8.3 million in assets and $8.1 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $2.8 million on it.
1984-031985-03
Assets at the end$8.3 millionlast report before June 13, 1985
Deposits at the end$8.1 million
Estimated loss to the fund$2.8 millionFDIC
Equity to assets1.4%March 31, 1985
Loans not being repaid19.0%noncurrent, March 31, 1985
Return on assets0.70%a year's rate, March 31, 1985
Staff8full time, March 31, 1985
Also 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.