First State Bank of Forest City
Forest City, MO · Owner: Ameribanc Inc
$6.5M
total assets, March 31, 1987
$6.5M
total assets, March 31, 1987
First State Bank of Forest City was a state nonmember bank in Forest City, MO, owned by Ameribanc Inc. It failed on Apr 16, 1987, and its insured deposits were paid out. At its last report it held $6.46 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1987
This bank failed
- Failed on
- Apr 16, 1987
- Assets
- $6.5M
- Deposits
- $6.8M
- Estimated cost
- $1.8M
- Deposits went to
- payout
Total assets
$6.5M
-32.8% in a year · -18.4% in a quarter
Deposits
$6.8M
-21.4% in a year · -13.3% in a quarter
Loans
$3.5M
-37.0% in a year · -25.1% in a quarter
Profit so far
-$304K
Jan 1 to Mar 31, 1987
Capital ratio
-5.86%
-13.11 pts in a year
Return on assets
-16.93%
-6.36 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Forest City, MO, 64451
- County
- Holt
- Holding company
- Ameribanc Inc
- Established
- Jul 30, 1945
- Failed
- Apr 16, 1987
- Employees
- 6
- Id
- b16291
Quarter by quarter
March 31, 1984 to March 31, 1987
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 Forest City?
$6.46 million in total assets and $6.83 million in deposits as of March 31, 1987, with assets down 32.8% from a year before. Its loans were $3.47 million.
Is First State Bank of Forest City profitable?
No: it lost $304,000 from January 1 to March 31, 1987. Its return on assets was -16.93% a year; about 1% is typical.
Who owns First State Bank of Forest City?
First State Bank of Forest City is owned by Ameribanc Inc, its holding company.
When did First State Bank of Forest City fail?
Apr 16, 1987. The estimated cost of the failure was $1.76 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.