First National Bank of Tipton
Tipton, IA · Owner: First Tipton Bcorp
$17.9M
total assets, December 31, 1985
$17.9M
total assets, December 31, 1985
First National Bank of Tipton was a national bank in Tipton, IA, owned by First Tipton Bcorp. It failed on Feb 14, 1986, and Citizens Savings Bank took over its deposits. At its last report it held $17.9 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1985
This bank failed
- Failed on
- Feb 14, 1986
- Assets
- $17.9M
- Deposits
- $18.0M
- Estimated cost
- $665K
- Deposits went to
- Citizens Savings Bank, Anamosa, IA
Total assets
$17.9M
-24.3% in a year · 0.0% in a quarter
Deposits
$18.0M
-20.6% in a year · +2.2% in a quarter
Loans
$9.2M
-26.2% in a year · -7.0% in a quarter
Profit so far
-$998K
Jan 1 to Dec 31, 1985
Capital ratio
-2.21%
-4.64 pts in a year
Return on assets
-5.04%
+0.67 pts in a year
Facts
- Type
- National bank
- Head office
- 427 Cedar, Tipton, IA, 52772
- County
- Cedar
- Holding company
- First Tipton Bcorp
- Established
- Nov 5, 1948
- Failed
- Feb 14, 1986
- Employees
- 11
- Id
- b16740
Quarter by quarter
March 31, 1984 to December 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 8
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is First National Bank of Tipton?
$17.9 million in total assets and $18.0 million in deposits as of December 31, 1985, with assets down 24.3% from a year before. Its loans were $9.20 million.
Is First National Bank of Tipton profitable?
No: it lost $998,000 from January 1 to December 31, 1985. Its return on assets was -5.04% a year; about 1% is typical.
Who owns First National Bank of Tipton?
First National Bank of Tipton is owned by First Tipton Bcorp, its holding company.
When did First National Bank of Tipton fail?
Feb 14, 1986. Citizens Savings Bank of Anamosa, IA took over its deposits. The estimated cost of the failure was $664,646.
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.