The Graveyard › Banks › 1987
The Lewistown Bank
Lewistown, IL · failed February 27, 1987 · FDIC certificate 3695
The Lewistown Bank of Lewistown, IL failed on February 27, 1987. It opened in 1894, 93 years before. At its last report before that it held $15.3 million in assets and $14.9 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $21.2 million. The FDIC estimates that the FDIC's insurance fund lost $4.2 million on it.
1984-031986-12
Assets at the end$15.3 millionlast report before February 27, 1987
Deposits at the end$14.9 million
Estimated loss to the fund$4.2 millionFDIC
Largest in the quarterly reports$21.2 millionSeptember 30, 1984
Equity to assets1.4%December 31, 1986
Loans not being repaid12.1%noncurrent, December 31, 1986
Return on assets-3.47%a year's rate, December 31, 1986
Staff13full time, December 31, 1986
Also ended in 1987
- Lyons Federal Trust & Savings · Countryside · $2.3 billion in assets · assisted
- Freedom S&LA · Tampa, FL · $1.9 billion in assets
- Vernon S&LA · Vernon, TX · $1.3 billion in assets
- Syracuse Savings Bank · Syracuse · $1.2 billion in assets · assisted
- Independent American SA · Irving, TX · $1.0 billion in assets
- First Financial Bank, FSB · New Orleans · $744.9 million in assets · assisted
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.