The Graveyard › Banks › 1936
The First State Bank of Lignite
Lignite · failed December 12, 1936
The First State Bank of Lignite of Lignite failed on December 12, 1936. At its last report before that it held $83,000 in assets and $46,000 in deposits. The FDIC's list gives no estimate of the loss: the FDIC says its figures are not complete for its own cases before 1986 or for FSLIC cases from 1934 to 1988.
Assets at the end$83,000last report before December 12, 1936
Deposits at the end$46,000
Estimated loss to the fundnot givenFDIC
Also ended in 1936
- The Union Bank · Uhrichsville · $1.9 million in assets
- D'Auria Bank & Trust Company · Newark · $1.2 million in assets
- The East Hampton Bank & Trust Co. · East Hampton · $1.2 million in assets
- Desoto Bank and Trust Company · Mansfield · $1.2 million in assets
- Columbia State Bank · Columbia City · $906,000 in assets
- The First National Bank of Centerville · Centerville · $569,000 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.