The Graveyard › Banks › 2020
The First State Bank
Barboursville, WV · failed April 3, 2020 · FDIC certificate 14361
The First State Bank of Barboursville, WV failed on April 3, 2020. It opened on September 1, 1905, 114 years before. At its last report before that it held $151.8 million in assets and $143.1 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2012, it held $313.7 million. The FDIC estimates that the Deposit Insurance Fund lost $43.7 million on it.
1984-032020-03
Assets at the end$151.8 millionlast report before April 3, 2020
Deposits at the end$143.1 million
Estimated loss to the fund$43.7 millionDIF
Largest in the quarterly reports$313.7 millionDecember 31, 2012
Equity to assets0.6%March 31, 2020
Loans not being repaid26.7%noncurrent, March 31, 2020
Return on assets-4.06%a year's rate, March 31, 2020
Staff62full time, March 31, 2020
Also ended in 2020
- First City Bank of Florida · Fort Walton Beach, FL · $136.6 million in assets
- Ericson State Bank · Ericson, NE · $100.9 million in assets
- Almena State Bank · Almena, KS · $65.7 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.