The Farmers National Bank of Remington
Remington, IN · Owner: Farmers National Bcorp Inc
$34.7M
total assets, September 30, 1986
$34.7M
total assets, September 30, 1986
The Farmers National Bank of Remington was a national bank in Remington, IN, owned by Farmers National Bcorp Inc. It failed on Jan 29, 1987, and Lafayette National Bank took over its deposits. At its last report it held $34.7 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1986
This bank failed
- Failed on
- Jan 29, 1987
- Assets
- $34.7M
- Deposits
- $33.5M
- Estimated cost
- $7.8M
- Deposits went to
- Lafayette National Bank, Lafayette, IN
Total assets
$34.7M
-18.3% in a year · -10.5% in a quarter
Deposits
$33.5M
-14.9% in a year · -9.8% in a quarter
Loans
$25.7M
-13.0% in a year · -4.8% in a quarter
Profit so far
-$759K
Jan 1 to Sep 30, 1986
Capital ratio
-0.27%
-3.35 pts in a year
Return on assets
-2.62%
-0.25 pts in a year
Facts
- Type
- National bank
- Head office
- Main Street, Remington, IN, 47977
- County
- Jasper
- Holding company
- Farmers National Bcorp Inc
- Established
- Jul 12, 1919
- Failed
- Jan 29, 1987
- Employees
- 34
- Id
- b4372
Quarter by quarter
March 31, 1984 to September 30, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 11
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The Farmers National Bank of Remington?
$34.7 million in total assets and $33.5 million in deposits as of September 30, 1986, with assets down 18.3% from a year before. Its loans were $25.7 million.
Is The Farmers National Bank of Remington profitable?
No: it lost $759,000 from January 1 to September 30, 1986. Its return on assets was -2.62% a year; about 1% is typical.
Who owns The Farmers National Bank of Remington?
The Farmers National Bank of Remington is owned by Farmers National Bcorp Inc, its holding company.
When did The Farmers National Bank of Remington fail?
Jan 29, 1987. Lafayette National Bank of Lafayette, IN took over its deposits. The estimated cost of the failure was $7.77 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.