Farmers State Bank
Sargent, NE · Owner: Evergreen Corp
$12.5M
total assets, September 30, 1985
$12.5M
total assets, September 30, 1985
Farmers State Bank was a state nonmember bank in Sargent, NE, owned by Evergreen Corp. It failed on Dec 19, 1985, and First National Bank In O took over its deposits. At its last report it held $12.5 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1985
This bank failed
- Failed on
- Dec 19, 1985
- Assets
- $12.5M
- Deposits
- $11.3M
- Estimated cost
- $1.6M
- Deposits went to
- First National Bank In O, Ord, NE
Total assets
$12.5M
-2.3% in a year · 0.0% in a quarter
Deposits
$11.3M
-4.0% in a year · 0.0% in a quarter
Loans
$7.6M
-24.7% in a year · 0.0% in a quarter
Profit so far
$9K
Jan 1 to Sep 30, 1985
Capital ratio
7.92%
+2.05 pts in a year
Return on assets
0.09%
+4.00 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Sargent, NE, 68874
- County
- Custer
- Holding company
- Evergreen Corp
- Established
- Jan 1, 1910
- Failed
- Dec 19, 1985
- Employees
- 6
- Id
- b16732
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 State Bank?
$12.5 million in total assets and $11.3 million in deposits as of September 30, 1985, with assets down 2.3% from a year before. Its loans were $7.65 million.
Is Farmers State Bank profitable?
Yes: it earned $9,000 from January 1 to September 30, 1985. Its return on assets was 0.09% a year; about 1% is typical.
Who owns Farmers State Bank?
Farmers State Bank is owned by Evergreen Corp, its holding company.
When did Farmers State Bank fail?
Dec 19, 1985. First National Bank In O of Ord, NE took over its deposits. The estimated cost of the failure was $1.57 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.