First State Bank
White Cloud, KS · Owner: White Cloud Bancshares Inc
$6.1M
total assets, December 31, 1985
$6.1M
total assets, December 31, 1985
First State Bank was a state nonmember bank in White Cloud, KS, owned by White Cloud Bancshares Inc. It failed on Mar 27, 1986, and Silver Lake Bank took over its deposits. At its last report it held $6.08 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1985
This bank failed
- Failed on
- Mar 27, 1986
- Assets
- $6.1M
- Deposits
- $5.6M
- Estimated cost
- $1.4M
- Deposits went to
- Silver Lake Bank, Silver Lake, KS
Total assets
$6.1M
+4.6% in a year · -1.3% in a quarter
Deposits
$5.6M
+6.5% in a year · -0.4% in a quarter
Loans
$3.8M
+6.7% in a year · +1.1% in a quarter
Profit so far
-$31K
Jan 1 to Dec 31, 1985 · -381.8% in a year
Capital ratio
6.33%
-1.71 pts in a year
Return on assets
-0.52%
-0.71 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, White Cloud, KS, 66094
- County
- Doniphan
- Holding company
- White Cloud Bancshares Inc
- Established
- Jan 1, 1883
- Failed
- Mar 27, 1986
- Employees
- 5
- Id
- b17616
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 State Bank?
$6.08 million in total assets and $5.60 million in deposits as of December 31, 1985, with assets up 4.6% from a year before. Its loans were $3.79 million.
Is First State Bank profitable?
No: it lost $31,000 from January 1 to December 31, 1985. Its return on assets was -0.52% a year; about 1% is typical.
Who owns First State Bank?
First State Bank is owned by White Cloud Bancshares Inc, its holding company.
When did First State Bank fail?
Mar 27, 1986. Silver Lake Bank of Silver Lake, KS took over its deposits. The estimated cost of the failure was $1.40 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.