$9.7M
total assets, September 30, 1986
Farmers State Bank was a state nonmember bank in Lueders, TX. It failed on Dec 19, 1986, and FARMERS&MERCHANTS NB Mer took over its deposits. At its last report it held $9.70 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1986
This bank failed
- Failed on
- Dec 19, 1986
- Assets
- $9.7M
- Deposits
- $9.2M
- Estimated cost
- $3.0M
- Deposits went to
- FARMERS&MERCHANTS NB Mer, Merkel, TX
Total assets
$9.7M
-20.8% in a year · -13.1% in a quarter
Deposits
$9.2M
-18.2% in a year · -14.1% in a quarter
Loans
$6.5M
-18.5% in a year · -4.3% in a quarter
Profit so far
-$420K
Jan 1 to Sep 30, 1986
Capital ratio
3.06%
-2.89 pts in a year
Return on assets
-4.99%
+10.15 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Lueders, TX, 79533
- County
- Jones
- Established
- Apr 1, 1923
- Failed
- Dec 19, 1986
- Employees
- 6
- Id
- b11936
Quarter by quarter
March 31, 1984 to September 30, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 11
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Farmers State Bank?
$9.70 million in total assets and $9.24 million in deposits as of September 30, 1986, with assets down 20.8% from a year before. Its loans were $6.46 million.
Is Farmers State Bank profitable?
No: it lost $420,000 from January 1 to September 30, 1986. Its return on assets was -4.99% a year; about 1% is typical.
When did Farmers State Bank fail?
Dec 19, 1986. FARMERS&MERCHANTS NB Mer of Merkel, TX took over its deposits. The estimated cost of the failure was $2.97 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.