The Graveyard › Banks › 1989
The Home State Bank
Arcadia, KS · failed February 16, 1989 · FDIC certificate 13830
The Home State Bank of Arcadia, KS failed on February 16, 1989. It opened on March 26, 1908, 80 years before. At its last report before that it held $1.7 million in assets and $1.7 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1986, it held $3.0 million. The FDIC estimates that the FDIC's insurance fund lost $262,752 on it.
1984-031988-12
Assets at the end$1.7 millionlast report before February 16, 1989
Deposits at the end$1.7 million
Estimated loss to the fund$262,752FDIC
Largest in the quarterly reports$3.0 millionMarch 31, 1986
Equity to assets-0.8%December 31, 1988
Loans not being repaid3.7%noncurrent, December 31, 1988
Return on assets-12.11%a year's rate, December 31, 1988
Staff2full time, December 31, 1988
Also ended in 1989
- Gibraltar Savings, FA · Simi Valley, CA · $13.4 billion in assets
- City Savings, FSB · Somerset, NJ · $9.8 billion in assets
- MBank Dallas, National Association · Dallas, TX · $6.6 billion in assets
- Western Savings & Loan · Phoenix, AZ · $5.7 billion in assets
- Lincoln Savings & Loan · Irvine, CA · $4.9 billion in assets
- University Federal Savings · Houston, TX · $4.5 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.