The Graveyard › Banks › 1987
The Mayfield State Bank, Mayfield
Mayfield, KS · failed September 24, 1987 · FDIC certificate 17653
The Mayfield State Bank, Mayfield of Mayfield, KS failed on September 24, 1987. It opened on October 20, 1908, 78 years before. At its last report before that it held $6.8 million in assets and $5.8 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $2.4 million on it.
1984-031987-06
Assets at the end$6.8 millionlast report before September 24, 1987
Deposits at the end$5.8 million
Estimated loss to the fund$2.4 millionFDIC
Largest in the quarterly reports$6.8 millionJune 30, 1987
Equity to assets7.0%June 30, 1987
Loans not being repaid0.6%noncurrent, June 30, 1987
Return on assets1.88%a year's rate, June 30, 1987
Staff3full time, June 30, 1987
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.