Farmers & Merchants Bank
Comstock, NE · Owner: Second Evergreen Corp
$3.3M
total assets, September 30, 1985
$3.3M
total assets, September 30, 1985
Farmers & Merchants Bank was a state nonmember bank in Comstock, NE, owned by Second Evergreen Corp. It failed on Dec 19, 1985, and its insured deposits were paid out. At its last report it held $3.32 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1985
This bank failed
- Failed on
- Dec 19, 1985
- Assets
- $3.3M
- Deposits
- $3.2M
- Estimated cost
- $785K
- Deposits went to
- payout
Total assets
$3.3M
-19.4% in a year · 0.0% in a quarter
Deposits
$3.2M
-14.3% in a year · 0.0% in a quarter
Loans
$2.2M
-35.1% in a year · 0.0% in a quarter
Profit so far
-$285K
Jan 1 to Sep 30, 1985
Capital ratio
2.20%
-5.86 pts in a year
Return on assets
-10.15%
-5.60 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Comstock, NE, 68828
- County
- Custer
- Holding company
- Second Evergreen Corp
- Established
- Jan 1, 1909
- Failed
- Dec 19, 1985
- Employees
- 4
- Id
- b8596
Quarter by quarter
March 31, 1984 to September 30, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 7
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Farmers & Merchants Bank?
$3.32 million in total assets and $3.18 million in deposits as of September 30, 1985, with assets down 19.4% from a year before. Its loans were $2.18 million.
Is Farmers & Merchants Bank profitable?
No: it lost $285,000 from January 1 to September 30, 1985. Its return on assets was -10.15% a year; about 1% is typical.
Who owns Farmers & Merchants Bank?
Farmers & Merchants Bank is owned by Second Evergreen Corp, its holding company.
When did Farmers & Merchants Bank fail?
Dec 19, 1985. The estimated cost of the failure was $784,936.
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.