The Murdock State Bank
Murdock, KS · Owner: CBN Bancshares Inc
$9.2M
total assets, June 30, 1987
$9.2M
total assets, June 30, 1987
The Murdock State Bank was a state nonmember bank in Murdock, KS, owned by CBN Bancshares Inc. It failed on Sep 24, 1987, and Farmers STB Of Norwich K took over its deposits. At its last report it held $9.16 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Sep 24, 1987
- Assets
- $9.2M
- Deposits
- $8.0M
- Estimated cost
- $2.1M
- Deposits went to
- Farmers STB Of Norwich K, Norwich, KS
Total assets
$9.2M
+30.2% in a year · +14.0% in a quarter
Deposits
$8.0M
+27.4% in a year · +19.5% in a quarter
Loans
$3.0M
-7.4% in a year · -4.9% in a quarter
Profit so far
$49K
Jan 1 to Jun 30, 1987 · +19.5% in a year
Capital ratio
6.97%
-2.28 pts in a year
Return on assets
1.22%
+0.02 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Murdock, KS, 67111
- County
- Kingman
- Holding company
- CBN Bancshares Inc
- Established
- Feb 9, 1910
- Failed
- Sep 24, 1987
- Employees
- 4
- Id
- b13607
Quarter by quarter
March 31, 1984 to June 30, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The Murdock State Bank?
$9.16 million in total assets and $8.03 million in deposits as of June 30, 1987, with assets up 30.2% from a year before. Its loans were $3.01 million.
Is The Murdock State Bank profitable?
Yes: it earned $49,000 from January 1 to June 30, 1987 (up 19.5% from the same months a year before). Its return on assets was 1.22% a year; about 1% is typical.
Who owns The Murdock State Bank?
The Murdock State Bank is owned by CBN Bancshares Inc, its holding company.
When did The Murdock State Bank fail?
Sep 24, 1987. Farmers STB Of Norwich K of Norwich, KS took over its deposits. The estimated cost of the failure was $2.06 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.