The Bedford National Bank
Bedford, IA · Owner: First Taylor County Bcorp Inc
$19.3M
total assets, December 31, 1985
$19.3M
total assets, December 31, 1985
The Bedford National Bank was a national bank in Bedford, IA, owned by First Taylor County Bcorp Inc. It failed on May 1, 1986, and American National Bank took over its deposits. At its last report it held $19.3 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1985
This bank failed
- Failed on
- May 1, 1986
- Assets
- $19.3M
- Deposits
- $18.4M
- Estimated cost
- $4.6M
- Deposits went to
- American National Bank, Bedford, IA
Total assets
$19.3M
-3.5% in a year · -1.9% in a quarter
Deposits
$18.4M
-0.2% in a year · -0.4% in a quarter
Loans
$12.8M
-2.4% in a year · -1.5% in a quarter
Profit so far
-$625K
Jan 1 to Dec 31, 1985
Capital ratio
3.17%
-2.67 pts in a year
Return on assets
-3.16%
+2.54 pts in a year
Facts
- Type
- National bank
- Head office
- 407 Main Street, Bedford, IA, 50833
- County
- Taylor
- Holding company
- First Taylor County Bcorp Inc
- Established
- Jan 1, 1871
- Failed
- May 1, 1986
- Employees
- 14
- Id
- b4426
Quarter by quarter
March 31, 1984 to December 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 8
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The Bedford National Bank?
$19.3 million in total assets and $18.4 million in deposits as of December 31, 1985, with assets down 3.5% from a year before. Its loans were $12.8 million.
Is The Bedford National Bank profitable?
No: it lost $625,000 from January 1 to December 31, 1985. Its return on assets was -3.16% a year; about 1% is typical.
Who owns The Bedford National Bank?
The Bedford National Bank is owned by First Taylor County Bcorp Inc, its holding company.
When did The Bedford National Bank fail?
May 1, 1986. American National Bank of Bedford, IA took over its deposits. The estimated cost of the failure was $4.65 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.