First Exchange Bank of Madison County
Fredericktown, MO · Owner: First Exchange Corp
$34.8M
total assets, March 31, 1992
$34.8M
total assets, March 31, 1992
First Exchange Bank of Madison County was a state member bank in Fredericktown, MO, owned by First Exchange Corp. It failed on May 7, 1992, and Commerce BK ST Francois took over its deposits. At its last report it held $34.8 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1992
This bank failed
- Failed on
- May 7, 1992
- Assets
- $34.8M
- Deposits
- $34.2M
- Estimated cost
- $1.6M
- Deposits went to
- Commerce BK ST Francois, Farmington, MO
Total assets
$34.8M
-17.8% in a year · -7.5% in a quarter
Deposits
$34.2M
-11.7% in a year · -4.1% in a quarter
Loans
$23.9M
-19.5% in a year · -8.3% in a quarter
Profit so far
-$1.3M
Jan 1 to Mar 31, 1992 · -2013.6% in a year
Capital ratio
0.04%
-6.12 pts in a year
Return on assets
-13.95%
-14.56 pts in a year
Facts
- Type
- State member bank
- Head office
- 148 East Main Street, Fredericktown, MO, 63645
- County
- Madison
- Holding company
- First Exchange Corp
- Established
- Jan 22, 1983
- Failed
- May 7, 1992
- Employees
- 30
- Id
- b24242
Quarter by quarter
March 31, 1984 to March 31, 1992
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is First Exchange Bank of Madison County?
$34.8 million in total assets and $34.2 million in deposits as of March 31, 1992, with assets down 17.8% from a year before. Its loans were $23.9 million.
Is First Exchange Bank of Madison County profitable?
No: it lost $1.26 million from January 1 to March 31, 1992. Its return on assets was -13.95% a year; about 1% is typical.
Who owns First Exchange Bank of Madison County?
First Exchange Bank of Madison County is owned by First Exchange Corp, its holding company.
When did First Exchange Bank of Madison County fail?
May 7, 1992. Commerce BK ST Francois of Farmington, MO took over its deposits. The estimated cost of the failure was $1.64 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.