The First State Bank
Edna, KS · Owner: Key Insurance Inc
$8.3M
total assets, March 31, 1985
$8.3M
total assets, March 31, 1985
The First State Bank was a state nonmember bank in Edna, KS, owned by Key Insurance Inc. It failed on Jun 13, 1985, and First State Bank Of Edna took over its deposits. At its last report it held $8.32 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1985
This bank failed
- Failed on
- Jun 13, 1985
- Assets
- $8.3M
- Deposits
- $8.1M
- Estimated cost
- $2.8M
- Deposits went to
- First State Bank Of Edna, Edna, KS
Total assets
$8.3M
-24.7% in a year · -6.0% in a quarter
Deposits
$8.1M
-12.2% in a year · -6.2% in a quarter
Loans
$5.6M
-23.6% in a year · -7.7% in a quarter
Profit so far
$15K
Jan 1 to Mar 31, 1985 · -42.3% in a year
Capital ratio
1.41%
-4.67 pts in a year
Return on assets
0.70%
-0.25 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Edna, KS, 67342
- County
- Labette
- Holding company
- Key Insurance Inc
- Established
- Jan 1, 1800
- Failed
- Jun 13, 1985
- Employees
- 8
- Id
- b4657
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 The First State Bank?
$8.32 million in total assets and $8.12 million in deposits as of March 31, 1985, with assets down 24.7% from a year before. Its loans were $5.62 million.
Is The First State Bank profitable?
Yes: it earned $15,000 from January 1 to March 31, 1985 (down 42.3% from the same months a year before). Its return on assets was 0.70% a year; about 1% is typical.
Who owns The First State Bank?
The First State Bank is owned by Key Insurance Inc, its holding company.
When did The First State Bank fail?
Jun 13, 1985. First State Bank Of Edna of Edna, KS took over its deposits. The estimated cost of the failure was $2.83 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.