Bank Failure
FARMERS STATE BANK
Closed October 23, 1937 · WYNDMERE, ND.
- Closing date
- October 23, 1937
- Headquarters
- WYNDMERE, ND
- Total assets at closing
- $100,000
- Total deposits at closing
- $72,000
- Resolution type
- other
Context
On October 23, 1937, regulators closed FARMERS STATE BANK, headquartered in WYNDMERE, ND. At closing, the institution held approximately $100,000 in assets and $72,000 in deposits. The FDIC resolved the institution without a single-acquirer transaction.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Other failures in 1937
| Date | Bank | HQ | Assets |
|---|---|---|---|
| 1937-12-20 | FIRST NAT BK & TR CO. OF MANHASSET | MANHASSET, NY | — |
| 1937-12-17 | BIG FALLS STATE BANK | BIG FALLS, WI | $103,000 |
| 1937-12-02 | NEVADA TRUST COMPANY | NEVADA, MO | $242,000 |
| 1937-12-02 | PEOPLES UNITED BANK | SOUTHPORT, NC | — |
| 1937-11-30 | STERLING STATE BANK | STERLING, ND | $121,000 |
| 1937-11-27 | LOGANVILLE STATE BANK | LOGANVILLE, WI | — |
| 1937-11-24 | FIRST STATE BANK OF COBDEN | COBDEN, IL | — |
| 1937-11-19 | BANK OF SWIFTON | SWIFTON, AR | $208,000 |
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