Farmers State Bank
Kilgore, NE · Owner: Kilgore Bancshares Inc
$6.1M
total assets, September 30, 1984
$6.1M
total assets, September 30, 1984
Farmers State Bank was a state nonmember bank in Kilgore, NE, owned by Kilgore Bancshares Inc. It failed on Oct 24, 1984, and First NB Of Valentine took over its deposits. At its last report it held $6.08 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1984
This bank failed
- Failed on
- Oct 24, 1984
- Assets
- $6.1M
- Deposits
- $5.5M
- Estimated cost
- $0
- Deposits went to
- First NB Of Valentine, Valentine, NE
Total assets
$6.1M
vs a year before: - · -4.8% in a quarter
Deposits
$5.5M
vs a year before: - · -3.5% in a quarter
Loans
$4.5M
vs a year before: - · -1.4% in a quarter
Profit so far
-$630K
Jan 1 to Sep 30, 1984
Capital ratio
2.68%
Return on assets
-12.65%
Yearly rate
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Kilgore, NE, 69216
- County
- Cherry
- Holding company
- Kilgore Bancshares Inc
- Established
- Sep 2, 1919
- Failed
- Oct 24, 1984
- Employees
- 6
- Id
- b8342
Quarter by quarter
March 31, 1984 to September 30, 1984
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 3
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Farmers State Bank?
$6.08 million in total assets and $5.54 million in deposits as of September 30, 1984. Its loans were $4.51 million.
Is Farmers State Bank profitable?
No: it lost $630,000 from January 1 to September 30, 1984. Its return on assets was -12.65% a year; about 1% is typical.
Who owns Farmers State Bank?
Farmers State Bank is owned by Kilgore Bancshares Inc, its holding company.
When did Farmers State Bank fail?
Oct 24, 1984. First NB Of Valentine of Valentine, NE took over its deposits.
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.