First State Bank of Atmore
Atmore, AL
$12.4M
total assets, December 31, 1986
$12.4M
total assets, December 31, 1986
First State Bank of Atmore was a state nonmember bank in Atmore, AL. It failed on Feb 19, 1987, and First NB Of Atmore took over its deposits. At its last report it held $12.4 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1986
This bank failed
- Failed on
- Feb 19, 1987
- Assets
- $12.4M
- Deposits
- $12.4M
- Estimated cost
- $0
- Deposits went to
- First NB Of Atmore, Atmore, AL
Total assets
$12.4M
-21.8% in a year · -10.1% in a quarter
Deposits
$12.4M
-14.7% in a year · -4.0% in a quarter
Loans
$7.6M
-37.9% in a year · -15.2% in a quarter
Profit so far
-$2.3M
Jan 1 to Dec 31, 1986
Capital ratio
-1.13%
-6.75 pts in a year
Return on assets
-15.72%
-10.61 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 207 North Main Street, Atmore, AL, 36502
- County
- Escambia
- Established
- Feb 22, 1984
- Failed
- Feb 19, 1987
- Employees
- 19
- Id
- b24990
Quarter by quarter
March 31, 1984 to December 31, 1986
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 State Bank of Atmore?
$12.4 million in total assets and $12.4 million in deposits as of December 31, 1986, with assets down 21.8% from a year before. Its loans were $7.57 million.
Is First State Bank of Atmore profitable?
No: it lost $2.26 million from January 1 to December 31, 1986. Its return on assets was -15.72% a year; about 1% is typical.
When did First State Bank of Atmore fail?
Feb 19, 1987. First NB Of Atmore of Atmore, AL 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.