$25.7M
total assets, March 31, 1984
Coalmont Savings Bank was a state nonmember bank in Coalmont, TN. It failed on Jul 24, 1984, and First Bank Of Marion Cou took over its deposits. At its last report it held $25.7 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1984
This bank failed
- Failed on
- Jul 24, 1984
- Assets
- $25.7M
- Deposits
- $24.0M
- Estimated cost
- $7.8M
- Deposits went to
- First Bank Of Marion Cou, South Pittsburg, TN
Total assets
$25.7M
vs a year before: -
Deposits
$24.0M
vs a year before: -
Loans
$15.2M
vs a year before: -
Profit so far
$18K
Jan 1 to Mar 31, 1984
Capital ratio
5.52%
Return on assets
0.28%
Yearly rate
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Coalmont, TN, 37313
- County
- Grundy
- Established
- Apr 12, 1921
- Failed
- Jul 24, 1984
- Employees
- 30
- Id
- b10699
Related pages
Questions and answers
How big is Coalmont Savings Bank?
$25.7 million in total assets and $24.0 million in deposits as of March 31, 1984. Its loans were $15.2 million.
Is Coalmont Savings Bank profitable?
Yes: it earned $18,000 from January 1 to March 31, 1984. Its return on assets was 0.28% a year; about 1% is typical.
When did Coalmont Savings Bank fail?
Jul 24, 1984. First Bank Of Marion Cou of South Pittsburg, TN took over its deposits. The estimated cost of the failure was $7.79 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.