Bank Failure
THE FIRST STATE BANK OF LIGNITE
Closed December 12, 1936 · LIGNITE , ND .
- Closing date
- December 12, 1936
- Headquarters
- LIGNITE , ND
- Total assets at closing
- $83,000
- Total deposits at closing
- $46,000
- Resolution type
- other
Context
On December 12, 1936, regulators closed THE FIRST STATE BANK OF LIGNITE , headquartered in LIGNITE , ND . At closing, the institution held approximately $83,000 in assets and $46,000 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 1936
| Date | Bank | HQ | Assets |
|---|---|---|---|
| 1936-12-31 | CENTRAL STATE BANK OF SHERMAN | SHERMAN , TX | $312,000 |
| 1936-12-21 | RESERVATION STATE BANK | MAKOTI , ND | — |
| 1936-12-21 | FIRST STATE BANK OF MAX | MAX , ND | — |
| 1936-12-21 | BANK OF BERTHOLD | BERTHOLD , ND | — |
| 1936-12-21 | FIRST STATE BANK | COTEAU , ND | — |
| 1936-12-21 | THE CUMMINGS STATE BANK | CUMMINGS , ND | — |
| 1936-12-21 | FIRST STATE BANK OF POWERS LAKE | POWERS LAKE , ND | — |
| 1936-12-19 | THE FIRST INTERNATIONAL BANK OF WILLISTON | WILLISTON , ND | — |
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