The State Exchange Bank
Yates Center, KS · Owner: State Exchange Bancshares Inc
$27.8M
total assets, June 30, 1986
$27.8M
total assets, June 30, 1986
The State Exchange Bank was a state nonmember bank in Yates Center, KS, owned by State Exchange Bancshares Inc. It failed on Aug 14, 1986, and Girard National Bank took over its deposits. At its last report it held $27.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1986
This bank failed
- Failed on
- Aug 14, 1986
- Assets
- $27.8M
- Deposits
- $26.7M
- Estimated cost
- $7.5M
- Deposits went to
- Girard National Bank, Girard, KS
Total assets
$27.8M
-10.5% in a year · -7.1% in a quarter
Deposits
$26.7M
-5.9% in a year · -3.2% in a quarter
Loans
$17.0M
-13.1% in a year · -2.1% in a quarter
Profit so far
-$1.3M
Jan 1 to Jun 30, 1986
Capital ratio
3.32%
-4.77 pts in a year
Return on assets
-8.56%
-4.51 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 101 South State, Yates Center, KS, 66783
- County
- Woodson
- Holding company
- State Exchange Bancshares Inc
- Established
- Mar 10, 1909
- Failed
- Aug 14, 1986
- Employees
- 25
- Id
- b8112
Quarter by quarter
March 31, 1984 to June 30, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 10
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The State Exchange Bank?
$27.8 million in total assets and $26.7 million in deposits as of June 30, 1986, with assets down 10.5% from a year before. Its loans were $17.0 million.
Is The State Exchange Bank profitable?
No: it lost $1.28 million from January 1 to June 30, 1986. Its return on assets was -8.56% a year; about 1% is typical.
Who owns The State Exchange Bank?
The State Exchange Bank is owned by State Exchange Bancshares Inc, its holding company.
When did The State Exchange Bank fail?
Aug 14, 1986. Girard National Bank of Girard, KS took over its deposits. The estimated cost of the failure was $7.53 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.