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The Talmage State Bank

Talmage, KS · failed September 17, 1987 · FDIC certificate 13925

The Talmage State Bank of Talmage, KS failed on September 17, 1987. It opened in 1933, 54 years before. At its last report before that it held $6.7 million in assets and $6.7 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1984, it held $11.4 million. The FDIC estimates that the FDIC's insurance fund lost $1.3 million on it.

1984-031987-06
Assets at the end$6.7 millionlast report before September 17, 1987
Deposits at the end$6.7 million
Estimated loss to the fund$1.3 millionFDIC
Largest in the quarterly reports$11.4 millionDecember 31, 1984
Equity to assets-0.9%June 30, 1987
Loans not being repaid17.4%noncurrent, June 30, 1987
Return on assets-8.06%a year's rate, June 30, 1987
Staff7full time, June 30, 1987
Could you have seen it coming? Play Black Monday

Also ended in 1987

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.