The Graveyard › Banks › 1985

The Taylor State Bank

Emington, IL · failed March 15, 1985 · FDIC certificate 10811

The Taylor State Bank of Emington, IL failed on March 15, 1985. It opened on January 12, 1917, 68 years before. At its last report before that it held $5.0 million in assets and $4.8 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1984, it held $5.8 million. The FDIC estimates that the FDIC's insurance fund lost $1.5 million on it.

1984-031984-12

Assets at the end$5.0 millionlast report before March 15, 1985

Deposits at the end$4.8 million

Estimated loss to the fund$1.5 millionFDIC

Largest in the quarterly reports$5.8 millionJune 30, 1984

Equity to assets0.7%December 31, 1984

Loans not being repaid8.4%noncurrent, December 31, 1984

Return on assets-7.80%a year's rate, December 31, 1984

Staff5full time, December 31, 1984

On the FDIC's list: TAYLOR STATE BANK.

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Also ended in 1985

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Central S&LA · San Diego · $2.3 billion in assets · assisted
Bell S&LA · San Mateo · $1.6 billion in assets · assisted
Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
Sunrise, S&LA · Lake Worth, FL · $1.5 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.