The Graveyard › Banks › 1987
The Murdock State Bank
Murdock, KS · failed September 24, 1987 · FDIC certificate 13607
The Murdock State Bank of Murdock, KS failed on September 24, 1987. It opened on February 9, 1910, 77 years before. At its last report before that it held $9.2 million in assets and $8.0 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $2.1 million on it.
1984-031987-06
Assets at the end$9.2 millionlast report before September 24, 1987
Deposits at the end$8.0 million
Estimated loss to the fund$2.1 millionFDIC
Largest in the quarterly reports$9.2 millionJune 30, 1987
Equity to assets6.6%June 30, 1987
Loans not being repaid0.0%noncurrent, June 30, 1987
Return on assets1.22%a year's rate, June 30, 1987
Staff4full 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.