The Sylvia State Bank
Sylvia, KS · Owner: Sylvia Insurance Agency Inc
$5.9M
total assets, June 30, 1988
$5.9M
total assets, June 30, 1988
The Sylvia State Bank was a state nonmember bank in Sylvia, KS, owned by Sylvia Insurance Agency Inc. It failed on Sep 8, 1988, and Turon State Bank took over its deposits. At its last report it held $5.89 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1988
This bank failed
- Failed on
- Sep 8, 1988
- Assets
- $5.9M
- Deposits
- $5.3M
- Estimated cost
- $1.5M
- Deposits went to
- Turon State Bank, Turon, KS
Total assets
$5.9M
+7.8% in a year · +3.0% in a quarter
Deposits
$5.3M
+9.7% in a year · +3.2% in a quarter
Loans
$3.8M
+32.6% in a year · +2.8% in a quarter
Profit so far
$34K
Jan 1 to Jun 30, 1988
Capital ratio
8.54%
-0.07 pts in a year
Return on assets
1.20%
+2.48 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Sylvia, KS, 67581
- County
- Reno
- Holding company
- Sylvia Insurance Agency Inc
- Established
- Jun 6, 1947
- Failed
- Sep 8, 1988
- Employees
- 6
- Id
- b16582
Quarter by quarter
March 31, 1984 to June 30, 1988
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 Sylvia State Bank?
$5.89 million in total assets and $5.33 million in deposits as of June 30, 1988, with assets up 7.8% from a year before. Its loans were $3.83 million.
Is The Sylvia State Bank profitable?
Yes: it earned $34,000 from January 1 to June 30, 1988. Its return on assets was 1.20% a year; about 1% is typical.
Who owns The Sylvia State Bank?
The Sylvia State Bank is owned by Sylvia Insurance Agency Inc, its holding company.
When did The Sylvia State Bank fail?
Sep 8, 1988. Turon State Bank of Turon, KS took over its deposits. The estimated cost of the failure was $1.48 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.