City and County Bank of Anderson County was a state nonmember bank in Lake City, TN. It failed on May 27, 1983, and Third NB In Anderson Cou took over its deposits. At its last report it held $142.9 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- May 27, 1983
- Assets
- $143M
- Deposits
- $134M
- Estimated cost
- $59.4M
- Deposits went to
- Third NB In Anderson Cou, Lake City, TN
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- State nonmember bank
- Head office
- 506 South Main Street, Lake City, TN, 37769
- County
- Anderson
- Established
- Jan 1, 1908
- Failed
- May 27, 1983
- Id
- b4925
Related pages
Questions and answers
When did City and County Bank of Anderson County fail?
May 27, 1983. Third NB In Anderson Cou of Lake City, TN took over its deposits. The estimated cost of the failure was $59.4 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.