Bank Failure
Camden State Bank
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Closed May 5, 1952 · Camden, IL .
- Closing date
- May 5, 1952
- Headquarters
- Camden, IL
- Total assets at closing
- $838K
- Total deposits at closing
- $817K
- Estimated loss to the insurance fund
- Not published (the FDIC feed carries no estimate for this failure)
- Insurance fund
- FDIC insurance fund
- Resolution
- Failure (closed by regulators)
Context
On May 5, 1952, regulators closed Camden State Bank, headquartered in Camden, IL. At closing, the institution held approximately $838K in assets and $817K in deposits. The FDIC record does not name an acquiring institution.
By assets at closing this is the 3138th largest of the 3,526 bank failures in the FDIC record, and the 2nd of 3 in 1952. It falls in the period the record labels Postwar Stability (1945-1979), a period with 161 failures peaking at 16 in 1976.
Three decades of regulated calm — Reg Q ceilings, geographic branching limits, and high industry profits kept failures rare.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did Camden State Bank fail?
Camden State Bank was closed by regulators on May 5, 1952.
How big was Camden State Bank when it failed?
Camden State Bank had approximately $838K in total assets and $817K in deposits at the time of failure.
Other failures in 1952
| Date | Bank | Assets |
|---|---|---|
| Sep 2, 1952 | Bank of Dierks | $520K |
| Jan 21, 1952 | Thomasville Bank and Trust Co. | $1.0M |
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