Osceola State Bank & Trust Co.
Osceola, IA · Owner: Banko Inc
$8.6M
total assets, March 31, 1987
$8.6M
total assets, March 31, 1987
Osceola State Bank & Trust Co. was a state nonmember bank in Osceola, IA, owned by Banko Inc. It failed on Apr 23, 1987, and American State Bank took over its deposits. At its last report it held $8.59 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1987
This bank failed
- Failed on
- Apr 23, 1987
- Assets
- $8.6M
- Deposits
- $7.7M
- Estimated cost
- $1.6M
- Deposits went to
- American State Bank, Osceola, IA
Total assets
$8.6M
-25.3% in a year · -18.2% in a quarter
Deposits
$7.7M
-22.4% in a year · -20.0% in a quarter
Loans
$5.6M
-5.6% in a year · -8.9% in a quarter
Profit so far
-$368K
Jan 1 to Mar 31, 1987 · -1182.4% in a year
Capital ratio
-0.54%
-8.98 pts in a year
Return on assets
-15.42%
-16.63 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1000 West Mclane Street, Osceola, IA, 50213
- County
- Clarke
- Holding company
- Banko Inc
- Established
- Nov 24, 1970
- Failed
- Apr 23, 1987
- Employees
- 10
- Id
- b20304
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 Osceola State Bank & Trust Co.?
$8.59 million in total assets and $7.69 million in deposits as of March 31, 1987, with assets down 25.3% from a year before. Its loans were $5.64 million.
Is Osceola State Bank & Trust Co. profitable?
No: it lost $368,000 from January 1 to March 31, 1987. Its return on assets was -15.42% a year; about 1% is typical.
Who owns Osceola State Bank & Trust Co.?
Osceola State Bank & Trust Co. is owned by Banko Inc, its holding company.
When did Osceola State Bank & Trust Co. fail?
Apr 23, 1987. American State Bank of Osceola, IA took over its deposits. The estimated cost of the failure was $1.58 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.