$39.4M
total assets, March 31, 1984
Cherokee County Bank was a state nonmember bank in Centre, AL. It failed on Jun 5, 1984, and First Albank Of Anniston took over its deposits. At its last report it held $39.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1984
This bank failed
- Failed on
- Jun 5, 1984
- Assets
- $39.4M
- Deposits
- $37.6M
- Estimated cost
- $7.1M
- Deposits went to
- First Albank Of Anniston, Anniston, AL
Total assets
$39.4M
vs a year before: -
Deposits
$37.6M
vs a year before: -
Loans
$25.2M
vs a year before: -
Profit so far
-$129K
Jan 1 to Mar 31, 1984
Capital ratio
3.24%
Return on assets
-1.31%
Yearly rate
Facts
- Type
- State nonmember bank
- Head office
- 110 Broad Street, Centre, AL, 35960
- County
- Cherokee
- Established
- Oct 23, 1906
- Failed
- Jun 5, 1984
- Employees
- 38
- Id
- b9054
Related pages
Questions and answers
How big is Cherokee County Bank?
$39.4 million in total assets and $37.6 million in deposits as of March 31, 1984. Its loans were $25.2 million.
Is Cherokee County Bank profitable?
No: it lost $129,000 from January 1 to March 31, 1984. Its return on assets was -1.31% a year; about 1% is typical.
When did Cherokee County Bank fail?
Jun 5, 1984. First Albank Of Anniston of Anniston, AL took over its deposits. The estimated cost of the failure was $7.08 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.