Bank Failure
Lyons State Bank
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Closed December 6, 1947 · Lyons, WI .
- Closing date
- December 6, 1947
- Headquarters
- Lyons, WI
- Total assets at closing
- $874K
- Total deposits at closing
- $804K
- 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 6, 1947, regulators closed Lyons State Bank, headquartered in Lyons, WI. At closing, the institution held approximately $874K in assets and $804K in deposits. The FDIC record does not name an acquiring institution.
By assets at closing this is the 3135th largest of the 3,526 bank failures in the FDIC record, and the 4th of 5 in 1947. 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 Lyons State Bank fail?
Lyons State Bank was closed by regulators on December 6, 1947.
How big was Lyons State Bank when it failed?
Lyons State Bank had approximately $874K in total assets and $804K in deposits at the time of failure.
Other failures in 1947
| Date | Bank | Assets |
|---|---|---|
| Nov 29, 1947 | Peoples Bank of Donalds | $762K |
| Jul 12, 1947 | The Central City National Bank | $1.7M |
| Jan 25, 1947 | The First National Bank of Lemont | $1.7M |
| Jan 11, 1947 | The First National Bank of Evanston | $1.8M |
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