Story County State Bank
Story City, IA
$33.6M
total assets, March 31, 1985
$33.6M
total assets, March 31, 1985
Story County State Bank was a state nonmember bank in Story City, IA. It failed on May 9, 1985, and Story County BANK&TRUST took over its deposits. At its last report it held $33.6 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1985
This bank failed
- Failed on
- May 9, 1985
- Assets
- $33.6M
- Deposits
- $31.6M
- Estimated cost
- $6.6M
- Deposits went to
- Story County BANK&TRUST, Story City, IA
Total assets
$33.6M
-11.3% in a year · -8.9% in a quarter
Deposits
$31.6M
-4.7% in a year · -9.1% in a quarter
Loans
$22.5M
-6.4% in a year · -5.9% in a quarter
Profit so far
-$294K
Jan 1 to Mar 31, 1985 · -279.3% in a year
Capital ratio
3.04%
-6.93 pts in a year
Return on assets
-3.34%
-5.08 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 522 Broad Street, Story City, IA, 50248
- County
- Story
- Established
- Jan 1, 1931
- Failed
- May 9, 1985
- Employees
- 19
- Id
- b5813
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 Story County State Bank?
$33.6 million in total assets and $31.6 million in deposits as of March 31, 1985, with assets down 11.3% from a year before. Its loans were $22.5 million.
Is Story County State Bank profitable?
No: it lost $294,000 from January 1 to March 31, 1985. Its return on assets was -3.34% a year; about 1% is typical.
When did Story County State Bank fail?
May 9, 1985. Story County BANK&TRUST of Story City, IA took over its deposits. The estimated cost of the failure was $6.61 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.