The Tingley State Savings Bank
Mount Ayr, IA · Owner: Carl G Riggs Agency Inc
$19.4M
total assets, June 30, 1984
$19.4M
total assets, June 30, 1984
The Tingley State Savings Bank was a state nonmember bank in Mount Ayr, IA, owned by Carl G Riggs Agency Inc. It failed on Aug 10, 1984, and Hawkeye BANK&TRUST took over its deposits. At its last report it held $19.4 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1984
This bank failed
- Failed on
- Aug 10, 1984
- Assets
- $19.4M
- Deposits
- $18.5M
- Estimated cost
- $6.3M
- Deposits went to
- Hawkeye BANK&TRUST, Mount Ayr, IA
Total assets
$19.4M
vs a year before: - · -2.4% in a quarter
Deposits
$18.5M
vs a year before: - · -1.4% in a quarter
Loans
$13.2M
vs a year before: - · +1.2% in a quarter
Profit so far
-$227K
Jan 1 to Jun 30, 1984
Capital ratio
3.76%
Return on assets
-2.36%
Yearly rate
Facts
- Type
- State nonmember bank
- Head office
- 100 East South Street, Mount Ayr, IA, 50854
- County
- Ringgold
- Holding company
- Carl G Riggs Agency Inc
- Established
- Mar 4, 1904
- Failed
- Aug 10, 1984
- Employees
- 20
- Id
- b14796
Quarter by quarter
March 31, 1984 to June 30, 1984
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 2
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The Tingley State Savings Bank?
$19.4 million in total assets and $18.5 million in deposits as of June 30, 1984. Its loans were $13.2 million.
Is The Tingley State Savings Bank profitable?
No: it lost $227,000 from January 1 to June 30, 1984. Its return on assets was -2.36% a year; about 1% is typical.
Who owns The Tingley State Savings Bank?
The Tingley State Savings Bank is owned by Carl G Riggs Agency Inc, its holding company.
When did The Tingley State Savings Bank fail?
Aug 10, 1984. Hawkeye BANK&TRUST of Mount Ayr, IA took over its deposits. The estimated cost of the failure was $6.32 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.