Bank Failure
Thomasville Bank and Trust Co.
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Closed January 21, 1952 · Thomasville, AL .
- Closing date
- January 21, 1952
- Headquarters
- Thomasville, AL
- Total assets at closing
- $1.0M
- Total deposits at closing
- $1.8M
- 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 January 21, 1952, regulators closed Thomasville Bank and Trust Co., headquartered in Thomasville, AL. At closing, the institution held approximately $1.0M in assets and $1.8M in deposits. The FDIC record does not name an acquiring institution.
By assets at closing this is the 3122nd largest of the 3,526 bank failures in the FDIC record, and the 1st of 3 in 1952. 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 Thomasville Bank and Trust Co. fail?
Thomasville Bank and Trust Co. was closed by regulators on January 21, 1952.
How big was Thomasville Bank and Trust Co. when it failed?
Thomasville Bank and Trust Co. had approximately $1.0M in total assets and $1.8M in deposits at the time of failure.
Other failures in 1952
| Date | Bank | Assets |
|---|---|---|
| Sep 2, 1952 | Bank of Dierks | $520K |
| May 5, 1952 | Camden State Bank | $838K |
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