Liberty Bank and Trust Company
Warsaw, IN · Owner: Northwest in Bancshares Inc
$48.7M
total assets, June 30, 1988
$48.7M
total assets, June 30, 1988
Liberty Bank and Trust Company was a state nonmember bank in Warsaw, IN, owned by Northwest in Bancshares Inc. It failed on Oct 3, 1988, and Trustcorp Bank Goshen took over its deposits. At its last report it held $48.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1988
This bank failed
- Failed on
- Oct 3, 1988
- Assets
- $48.7M
- Deposits
- $45.8M
- Estimated cost
- $7.8M
- Deposits went to
- Trustcorp Bank Goshen, Goshen, IN
Total assets
$48.7M
+133.3% in a year · +2.2% in a quarter
Deposits
$45.8M
+125.5% in a year · +1.6% in a quarter
Loans
$32.8M
+122.7% in a year · +3.2% in a quarter
Profit so far
$70K
Jan 1 to Jun 30, 1988
Capital ratio
2.94%
+2.96 pts in a year
Return on assets
0.29%
+2.18 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Old Post Office Building, Warsaw, IN, 46580
- County
- Kosciusko
- Holding company
- Northwest in Bancshares Inc
- Established
- Jan 1, 1916
- Failed
- Oct 3, 1988
- Employees
- 39
- Id
- b8040
Quarter by quarter
March 31, 1984 to June 30, 1988
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 Liberty Bank and Trust Company?
$48.7 million in total assets and $45.8 million in deposits as of June 30, 1988, with assets up 133.3% from a year before. Its loans were $32.8 million.
Is Liberty Bank and Trust Company profitable?
Yes: it earned $70,000 from January 1 to June 30, 1988. Its return on assets was 0.29% a year; about 1% is typical.
Who owns Liberty Bank and Trust Company?
Liberty Bank and Trust Company is owned by Northwest in Bancshares Inc, its holding company.
When did Liberty Bank and Trust Company fail?
Oct 3, 1988. Trustcorp Bank Goshen of Goshen, IN took over its deposits. The estimated cost of the failure was $7.77 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.