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Bank Failure

ATKINSON TRUST & SAVINGS BANK

Closed November 25, 1983 · ATKINSON, IL · FDIC Cert #11692.

Closing date
November 25, 1983
Headquarters
ATKINSON, IL
FDIC Certificate
11692
Total assets at closing
$21,074,000
Total deposits at closing
$18,511,000
Estimated loss to DIF
$9,470,000
Resolution type
other

Context

On November 25, 1983, regulators closed ATKINSON TRUST & SAVINGS BANK, headquartered in ATKINSON, IL. At closing, the institution held approximately $21,074,000 in assets and $18,511,000 in deposits. The FDIC resolved the institution without a single-acquirer transaction. The estimated cost to the FDIC Deposit Insurance Fund was approximately $9,470,000.

Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.

Other failures in 1983

DateBankHQAssets
1983-12-30FIRST FS&LA OF MONROEVILLEMONROEVILLE, AL$29,780,000
1983-12-27CITIZENS S&LAMIDDLETOWN, OH$63,594,000
1983-12-16THE BANK OF RED OAKRED OAK, OK$11,135,000
1983-12-13BANK OF HACKLEBURGHACKLEBURG, AL$6,531,000
1983-12-13BANK OF HACKLEBURGHACKLEBURG, AL$6,531,000
1983-12-09UNION TRUST COMPANYSAN JUAN, PR$30,578,000
1983-12-02METRO FS&LALAKE CHARLES, LA$27,381,000
1983-12-01BOHEMIAN S&LAST. LOUIS, MO$168,567,000