Smith County Bank was a state nonmember bank in Carthage, TN. It failed on May 6, 1983, and Murfreesboro BANK&TRUST took over its deposits. At its last report it held $33.0 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- May 6, 1983
- Assets
- $33.0M
- Deposits
- $30.9M
- Estimated cost
- $4.7M
- Deposits went to
- Murfreesboro BANK&TRUST, Murfreesboro, TN
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- State nonmember bank
- Head office
- 225 Main Street, Carthage, TN, 37030
- County
- Smith
- Established
- Jan 1, 1892
- Failed
- May 6, 1983
- Id
- b1483
Related pages
Questions and answers
When did Smith County Bank fail?
May 6, 1983. Murfreesboro BANK&TRUST of Murfreesboro, TN took over its deposits. The estimated cost of the failure was $4.67 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.