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Bank Failure

Livingston State Bank

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Closed December 14, 1935 · Livingston, NJ .

Closing date
December 14, 1935
Headquarters
Livingston, NJ
Total assets at closing
$91K
Total deposits at closing
$72K
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 December 14, 1935, regulators closed Livingston State Bank, headquartered in Livingston, NJ. At closing, the institution held approximately $91K in assets and $72K in deposits. The FDIC record does not name an acquiring institution.

By assets at closing this is the 3321st largest of the 3,526 bank failures in the FDIC record, and the 19th of 25 in 1935. It falls in the period the record labels Early FDIC Era (1934-1944), a period with 397 failures peaking at 75 in 1937.

FDIC's first decade after the 1933 Banking Act. Failures fell sharply once deposit insurance restored confidence.

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

Common questions

When did Livingston State Bank fail?

Livingston State Bank was closed by regulators on December 14, 1935.

How big was Livingston State Bank when it failed?

Livingston State Bank had approximately $91K in total assets and $72K in deposits at the time of failure.

Other failures in 1935

Date Bank HQ Assets
Dec 16, 1935 The Farmers Bank West Louisville, KY $55K
Dec 7, 1935 Friendship State Bank Friendship, WI $147K
Dec 5, 1935 Farmers Bank of Charlton County Keytesville, MO $287K
Nov 27, 1935 Bank of Linden Linden, WI $224K
Nov 26, 1935 Lennon State Bank Lennon, MI $79K
Nov 18, 1935 Presidio Valley Bank Presidio, TX $73K
Nov 16, 1935 E. P. Wilbur Trust Company Bethlehem, PA —
Oct 23, 1935 Buna State Bank Buna, TX $47K