Peoples State Bank of Clay County
Poland, IN · Owner: Bancap Inc
$17.7M
total assets, March 31, 1984
$17.7M
total assets, March 31, 1984
Peoples State Bank of Clay County was a state nonmember bank in Poland, IN, owned by Bancap Inc. It failed on Aug 10, 1984, and First State Bank took over its deposits. At its last report it held $17.7 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1984
This bank failed
- Failed on
- Aug 10, 1984
- Assets
- $17.7M
- Deposits
- $17.1M
- Estimated cost
- $5.1M
- Deposits went to
- First State Bank, Poland, IN
Total assets
$17.7M
vs a year before: -
Deposits
$17.1M
vs a year before: -
Loans
$11.3M
vs a year before: -
Profit so far
-$576K
Jan 1 to Mar 31, 1984
Capital ratio
2.54%
Return on assets
-13.82%
Yearly rate
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Poland, IN, 47868
- County
- Clay
- Holding company
- Bancap Inc
- Established
- Mar 9, 1934
- Failed
- Aug 10, 1984
- Employees
- 16
- Id
- b10480
Related pages
Questions and answers
How big is Peoples State Bank of Clay County?
$17.7 million in total assets and $17.1 million in deposits as of March 31, 1984. Its loans were $11.3 million.
Is Peoples State Bank of Clay County profitable?
No: it lost $576,000 from January 1 to March 31, 1984. Its return on assets was -13.82% a year; about 1% is typical.
Who owns Peoples State Bank of Clay County?
Peoples State Bank of Clay County is owned by Bancap Inc, its holding company.
When did Peoples State Bank of Clay County fail?
Aug 10, 1984. First State Bank of Poland, IN took over its deposits. The estimated cost of the failure was $5.09 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.