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Bank Failure

The Bartlett State Bank

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Closed May 13, 1959 · Bartlett, NE .

Closing date
May 13, 1959
Headquarters
Bartlett, NE
Total assets at closing
$570K
Total deposits at closing
$504K
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 13, 1959, regulators closed The Bartlett State Bank, headquartered in Bartlett, NE. At closing, the institution held approximately $570K in assets and $504K in deposits. The FDIC record does not name an acquiring institution.

By assets at closing this is the 3162nd largest of the 3,526 bank failures in the FDIC record, and the 3rd of 3 in 1959. 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 The Bartlett State Bank fail?

The Bartlett State Bank was closed by regulators on May 13, 1959.

How big was The Bartlett State Bank when it failed?

The Bartlett State Bank had approximately $570K in total assets and $504K in deposits at the time of failure.

Other failures in 1959

Date Bank HQ Assets
Dec 3, 1959 First State Bank Tenaha, TX $1.3M
Jun 9, 1959 Liberal State Bank Liberal, MO $1.0M