Bank Failure
Hartford-Carlisle SB
BankRegReports is independent of Hartford-Carlisle SB and never asks for online banking logins or passwords.
Closed January 14, 2000 · Carlisle, IA · FDIC Cert #14228.
- Closing date
- January 14, 2000
- Headquarters
- Carlisle, IA
- FDIC Certificate
- 14228
- Total assets at closing
- $105.0M
- Total deposits at closing
- $68.5M
- Estimated loss to the insurance fund
- $11.6M
- Insurance fund
- Bank Insurance Fund (BIF)
- Resolution
- Failure (closed by regulators)
- Acquirer
- Citizens Bank
Context
On January 14, 2000, regulators closed Hartford-Carlisle SB, headquartered in Carlisle, IA. At closing, the institution held approximately $105.0M in assets and $68.5M in deposits. The FDIC record names Citizens Bank as the acquiring institution in the resolution. The estimated cost to the Bank Insurance Fund (BIF) was approximately $11.6M.
By assets at closing this is the 1170th largest of the 3,526 bank failures in the FDIC record, and the 1st of 7 in 2000. It falls in the period the record labels Consolidation Calm (1996-2007), a period with 50 failures peaking at 11 in 2002.
Riegle-Neal interstate-banking era. Industry consolidated rapidly via merger; failure counts dropped to single digits per year.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did Hartford-Carlisle SB fail?
Hartford-Carlisle SB was closed by regulators on January 14, 2000.
Who acquired Hartford-Carlisle SB?
The FDIC record names Citizens Bank as the acquiring institution in the resolution of Hartford-Carlisle SB.
How big was Hartford-Carlisle SB when it failed?
Hartford-Carlisle SB had approximately $105.0M in total assets and $68.5M in deposits at the time of failure.
Other failures in 2000
| Date | Bank | Assets |
|---|---|---|
| Dec 14, 2000 | National State Bank of Metropolis | $90.4M |
| Oct 13, 2000 | Bank of Honolulu | $63.9M |
| Sep 29, 2000 | Bank of Falkner | $85.5M |
| Jul 14, 2000 | Town & Country Bank of Almelund | $25.9M |
| Jun 2, 2000 | Monument National Bank | $7.9M |
| Mar 10, 2000 | Mutual Federal Savings Bank of Atlanta | $31.5M |
Explore: all failures · IA bank events · 2000 events · events hub