Peoples State Bank
Odebolt, IA · Owner: Kiron Co the
$13.5M
total assets, March 31, 1985
$13.5M
total assets, March 31, 1985
Peoples State Bank was a state nonmember bank in Odebolt, IA, owned by Kiron Co the. It failed on Apr 26, 1985, and Peoples Savings Bank took over its deposits. At its last report it held $13.5 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1985
This bank failed
- Failed on
- Apr 26, 1985
- Assets
- $13.5M
- Deposits
- $12.7M
- Estimated cost
- $2.3M
- Deposits went to
- Peoples Savings Bank, Odebolt, IA
Total assets
$13.5M
-16.1% in a year · -5.3% in a quarter
Deposits
$12.7M
-13.7% in a year · -5.7% in a quarter
Loans
$9.3M
-6.2% in a year · -2.2% in a quarter
Profit so far
$7K
Jan 1 to Mar 31, 1985 · -74.1% in a year
Capital ratio
5.19%
-2.92 pts in a year
Return on assets
0.20%
-0.47 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 301 Main Street, Odebolt, IA, 51458
- County
- Sac
- Holding company
- Kiron Co the
- Established
- Jan 1, 1800
- Failed
- Apr 26, 1985
- Employees
- 7
- Id
- b12414
Quarter by quarter
March 31, 1984 to March 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 5
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Peoples State Bank?
$13.5 million in total assets and $12.7 million in deposits as of March 31, 1985, with assets down 16.1% from a year before. Its loans were $9.27 million.
Is Peoples State Bank profitable?
Yes: it earned $7,000 from January 1 to March 31, 1985 (down 74.1% from the same months a year before). Its return on assets was 0.20% a year; about 1% is typical.
Who owns Peoples State Bank?
Peoples State Bank is owned by Kiron Co the, its holding company.
When did Peoples State Bank fail?
Apr 26, 1985. Peoples Savings Bank of Odebolt, IA took over its deposits. The estimated cost of the failure was $2.32 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.